21 May

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India’s JSW Steel examining bid for Gupta’s British business – sources By Reuters

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By Neha Arora, Clara Denina and John O'Donnell (Reuters) - India's largest steel producer, JSW Steel, is considering a bid to buy Liberty Steel in Britain as well as mills elsewhere, two people familiar with the matter told Reuters, as would-be buyers circle Sanjeev Gupta's global commodities empire. JSW's interest, which extends to plants including Gupta's Adhunik steel mill in eastern India, could mark yet another chapter for Britain's steel industry, which has been privatised and sold to overseas buyers as its pre-eminence slid in lock-step with the country's manufacturing might. A sale would also...

21 May

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European stocks rise for the week with cautious optimism, inflation fears linger By Reuters

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By Shreyashi Sanyal and Sruthi Shankar (Reuters) -European stocks rose on Friday, as Swiss luxury goods maker Richemont jumped after its results and accelerating business growth in the euro zone kept investors cautiously optimistic in the face of rising inflation worries. The pan-European STOXX 600 index rose 0.6%, capping the week with a small gain. Cartier-owner Richemont rose 5.0% to a record high as it proposed doubling its dividend back to pre-pandemic levels after strong demand for jewellery helped lift net profit and contain the fall in sales in its fiscal year 2020/21. IHS...

21 May

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Glencore, Umicore to trace battery cobalt with blockchain technology By Reuters

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(Drops a from Re|Source, 3rd para, in May 20 story) LONDON (Reuters) -Mining and trading company Glencore (LON:GLEN) and other miners are joining forces with battery material supplier Umicore to make the cobalt used in electric cars traceable using blockchain technology, they said in a statement. Miners and carmakers, under pressure to show electric vehicle batteries are sourced responsibly, are exploring the usefulness of blockchain - a digital platform for recording and verifying transactions that is shared across a network of computers - to improve scrutiny of supply chains and show sourcing does not...

21 May

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Marex Spectron confirms plans to list in London next month By Investing.com

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By Samuel Indyk Investing.com – Commodities broker Marex Spectron has confirmed plans to list on the London Stock Exchange via an initial public offering. The company plans to apply for trading to take place on the London Stock Exchange’s main market for listed securities. The final offer price will be determined following a book-building process and admission is expected to occur in mid-June. The broker said the offer will target institutional investors and intends to have a free float of at least 25% of issued share capital. The company expects his will make it eligible for...

21 May

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Looming staff shortages set to stretch reopened British pubs By Reuters

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By Muvija M (Reuters) - British pubs and restaurants reopening after months of lockdown are facing a potential staffing crunch as they look to serve more hungry and thirsty customers over the warmer summer months. Indoor dining resumed in Britain this week and pub bosses have told Reuters they are now seeing the impact of a post-Brexit exodus of European workers, with a particular concern about finding kitchen staff. "There is a labour shortage in the UK, but I don't think people are worried about coming back because of the virus or because they feel...

21 May

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Back to the beach: Spain welcomes all vaccinated tourists from June 7 By Reuters

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By Clara-Laeila Laudette and Nathan Allen MADRID (Reuters) - Tourist magnet Spain will let people from anywhere in the world who are vaccinated against COVID-19 enter the country from June 7, hoping to galvanise a recovery in the devastated tourism sector. The world's second most visited country before the pandemic hit, foreign tourism to Spain plunged 80% last year as restrictions brought leisure travel to a virtual standstill, leaving its beaches, palaces and hotels almost deserted. Entry will be allowed to vaccinated travellers regardless of their country of origin, and notably from the United...

21 May

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Ireland raises prospect of earlier return to foreign travel By Reuters

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By Padraic Halpin DUBLIN (Reuters) -Ireland may adopt a COVID-19 certificate to help citizens move more freely across the European Union earlier than late July, as previously flagged, amid mounting pressure from airlines and employers to reopen foreign travel. Ireland has the strictest travel restrictions in the 27-nation bloc. It advises citizens against non-essential travel, imposing fines on people heading to airports to go on holiday and a two-week mandatory hotel quarantine for arrivals from a number of countries. While Irish ministers have said it will be late July or early August before they put the...

21 May

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EU advises against second AstraZeneca shot for people with blood clots By Reuters

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By Pushkala Aripaka (Reuters) -The second shot of the COVID-19 vaccine developed by AstraZeneca (NASDAQ:AZN) and the University of Oxford must not be given to anyone who has had blood clots with low blood platelets after receiving the first, Europe's medicines regulator said on Friday. The advice for healthcare professionals was provided by the European Medicines Agency (EMA) as part of an ongoing review into rare, but severe blood clots possibly linked to inoculation after the shot and also to Johnson & Johnson (NYSE:JNJ)'s coronavirus vaccine. The EMA has been looking into such clots in...

21 May

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Treating like children: BHP beer ban irks Australian mine workers By Reuters

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By Melanie Burton MELBOURNE (Reuters) - BHP Group's new alcohol policy to limit late night drinking at its Australia mines and search belongings for secret stashes of liquor, if needed, infringes on worker rights, the miners union said. The company's policy will bar workers on mine sites in Western Australia from consuming alcohol after 9:30 p.m., citing health and safety concerns. In a letter this week, the Western Mine Workers' Alliance (WMWA) told BHP the policies fuelled concern over employees' basic rights to privacy and enjoyment in non-working hours, and added that the miner had...

21 May

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Virgin Atlantic to resume UK-Israel flights after truce By Reuters

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LONDON (Reuters) - Virgin Atlantic said on Friday it expected to resume flights from Britain to Israel on Monday following the ceasefire in the region, but said it would keep the route under constant review. Airlines including Virgin, British Airways and others had cancelled flights to Israel following the outbreak of violence this month. "We very much welcome the news that a ceasefire has been agreed," a spokesman said. "Our London Heathrow - Tel Aviv services remain under constant review and based on the current outlook we expect to operate flight VS453...

Меню

India’s JSW Steel examining bid for Gupta’s British business – sources By Reuters

European stocks rise for the week with cautious optimism, inflation fears linger By Reuters

Glencore, Umicore to trace battery cobalt with blockchain technology By Reuters

Marex Spectron confirms plans to list in London next month By Investing.com

Looming staff shortages set to stretch reopened British pubs By Reuters

Back to the beach: Spain welcomes all vaccinated tourists from June 7 By Reuters

Ireland raises prospect of earlier return to foreign travel By Reuters

EU advises against second AstraZeneca shot for people with blood clots By Reuters

Treating like children: BHP beer ban irks Australian mine workers By Reuters

Virgin Atlantic to resume UK-Israel flights after truce By Reuters

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