HELSINKI, April 11 Reuters Russia39;s stateowned nuclear power supplier Rosatom and its Finnish unit RAOS Project will proceed with a planned nuclear plant in Finland, RAOS said on Monday, despite uncertainty over government permits since Russia39;s invasion of Ukraine. Rosatom and RAOS Project continue fulfilling their obligations under signed agreements and contracts relating to the […]

BERLIN, April 11 Reuters MercedesBenz aims to halve its CO2 emissions by 2030, the carmaker said on Monday, providing a halfway goal to its existing target of becoming CO2 neutral by 2039. The company will also work towards covering 70 of the energy it needs for production with renewable energy by 2030, up from 4550 at […]

April 11 Reuters Canadian ecommerce giant Shopify Inc on Monday announced a 10for1 split of its class A and class B stock, joining a growing list of companies that have split their shares to make them more attractive for investors. Shopify also said it would seek shareholder approval to authorize a new class of shares, […]

First half profit down 87 Excluding Russia, full year guidance maintained Shares reverse early losses to trade up 2 LONDON, April 12 Reuters Supply chain snags hammered firsthalf profit at ASOS and the British online fashion retailer warned its expectations for a much better second half could be disrupted by surging inflation. Shares in the company, […]

TOKYO, April 13 Reuters Big Japanese firms including Sumitomo Mitsui Financial Group, Tokyo Electric Power Tepco and Mitsubishi Corp will face resolutions from activist shareholders urging greater commitment to tackling climate change at their annual meetings this year. Five climate activist groups, including Japan39;s Kiko Network and Australia39;s Market Forces, said in a joint statement on Wednesday […]

April 14 Reuters Wells Fargo Co reported a nearly 21 drop in firstquarter profit on Thursday, as rising inflation and interest rates, as well as worries over the economic impact of the Ukraine war dented its core businesses. A lowerthananticipated impact from the pandemic has also prompted banks to release reserves set aside to cover losses. […]

HONG KONG, April 14 Reuters Tencent Holdings Ltd said it will shut down a service that allowed Chinese gamers to access overseas platforms to play unapproved foreign games, in a sign of tightening compliance as Chinese regulators more closely scrutinize the industry. The country39;s largest social and gaming firm said late on Wednesday it will on […]

April 14 Reuters Rio Tinto, one of the largest Australian mining companies, on Thursday confirmed its exit from the state mining lobby group after raising concerns that its policy on expansion of coal mines did not align with the Paris Climate Agreement. Global firms have been looking to appease regulators and shareholders by aiming for […]

SAO PAULO, April 14 Reuters Enel is planning to ramp up its growth in renewable power in Brazil in the coming years with new investments in onshore solar and wind generation plants, the company39;s Chief Executive Officer Francesco Starace said on Thursday. Brazil already accounts for 40 of Enel39;s growth in Latin America39;s renewable market, a […]