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Wednesday newspaper round-up: Business leaders back Tories, Honda, Shell

Wed, 01st Apr 2015 06:43

100 senior business leaders have signed an open letter throwing their weight behind the Conservative party ahead of the elections in May, warning that a Labour government would "threaten jobs and deter investment" in the UK, writes The Telegraph.Honda has announced a £200m investment in its factory in Swindon, capping off a record week for the UK car industry, with investment totalling over £1bn in six days, according to The Guardian.Oil major Shell has been given the go-ahead by the US government to resume a controversial exploration campaign in the Alaskan Arctic, The Telegraph said.Welsh nationalists Plaid Cymru has said it will negotiate with Labour, the Scottish National party and the Greens to "end Tory rule" if a elections result in a hung parliament, writes the Financial Times.Insurer Prudential has revealed that its highest-paid employee earned £15.4m last year, more than out-going boss Tidjane Thiam who received £11.8m in cash and shares, The Guardian said.Former Bank of England policymaker Andrew Sentence has accused the central bank's governor Mark Carney of making reforms that will increase potential security risks and "disrupt accountability and communication" at the Bank, reports The Times.Labour's Ed Miliband has said he will clamp down on zero-hours contracts, giving workers the right to a regular contract after 12 weeks the Financial Times writes.According to The Times, chancellor George Osborne is expected to highlight a slowdown in the recovery in an update shortly before the elections, though Tory strategists do not predict it damaging the Conservative campaign, said The Times. Instead, he "would use the data to warn of the threat posed by Labour", the paper said.Billionaire investor Warren Buffett has said that a Greek exit from the Eurozone "may not be a bad thing" for the single currency, with members potentially coming to better agreements about fiscal policy, according to The Telegraph.
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27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

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21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

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15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

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7 Feb 2022 10:52

Berenberg nudges up target price on Shell

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31 Jan 2022 10:53

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

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31 Jan 2022 07:48

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

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28 Jan 2022 11:25

Shell's renewables boss steps down after less than two years

* Elisabeth Brinton leaves for new role, she says* Shell creates two new renewables leadership roles* Thomas Brostrøm to head renewables generation* Steve Hill to head energy marketingBy Ron BoussoLONDON, Jan 28 (Reuters) - Shell's head of renewable...

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27 Jan 2022 16:14

UK earnings, trading statements calendar - next 7 days

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26 Jan 2022 17:02

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

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26 Jan 2022 14:36

China's Sinopec awards fewer cargoes in recent LNG tender

By Chen Aizhu and Marwa RashadSINGAPORE/LONDON, Jan 26 (Reuters) - Unipec, the oil and gas trading arm of China's Sinopec Corp has awarded fewer-than-planned cargoes in a recent tender to sell up to 45 cargoes of liquefied natural gas for 2022 del...

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26 Jan 2022 12:16

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

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26 Jan 2022 09:33

UPDATE 2-Commodity, bank stocks lead FTSE 100 higher; Playtech drops

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26 Jan 2022 09:12

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

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25 Jan 2022 21:13

UPDATE 1-U.S. awards 13 mln barrel exchange of crude from strategic reserve

(Adds details on sale, background on 50 million barrel SPR plan)WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to ...

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25 Jan 2022 20:10

U.S. awards exchange of 13 mln barrels of crude from strategic reserve

WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to seven companies.The companies are Shell Trading US, 4.2 million ...

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