Barbara Lewis

London

Specialist Mining Correspondent at Reuters

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Articles

Apple, Meta fined as EU presses ahead with tech probes

1 day ago | today.westlaw.com | Jan Harvey |Jan Strupczewski |Barbara Lewis

BRUSSELS (Reuters) -Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech.
BP Shareholders Punish Chair Helge Lund with Low Support

1 week ago | gurutrade.com | Shadia Nasralla |Ed Osmond |Emelia Sithole-Matarise |Barbara Lewis

Board member says in "everyone's interest" to keep transition period short Some climate campaigners unhappy at lack of vote on strategy U-turn BP under pressure for more change by Elliott campaign SUNBURY-ON-THAMES, England, April 17 (Reuters) - BP's CEO Murray Auchincloss and Chair Helge Lund were re-elected on Thursday, although the sharply reduced level of shareholder support for Lund could mean his previously announced departure is sooner than expected.
Pakistan to seek bids to sell national airline next week

1 week ago | today.westlaw.com | Asif Shahzad |Barbara Lewis

ISLAMABAD (Reuters) - The Pakistani government will seek expressions of interest next week for the sale of Pakistan International Airlines, the privatisation ministry said on Thursday, days after it reported its first annual profit in over two...
Malaysia's Employees Provident Fund Seeks more Diverse Exposure

1 week ago | gurutrade.com | Yantoultra Ngui |Christian Schmollinger |Barbara Lewis

SINGAPORE, April 16 (Reuters) - Malaysia's largest state pension fund, the Employees Provident Fund, is seeking to expand its exposure to other regions to ensure a well-balanced and resilient portfolio, it said on Wednesday. EPF, one of the world's biggest pension funds, in common with other major investors is grappling with the uncertainty triggered by U.S. President Donald Trump's tariffs and policy orders.
BP makes oil discovery off US Gulf coast

1 week ago | today.westlaw.com | Leslie Adler |Sheila Dang |Arunima Kumar |Barbara Lewis

-BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks to grow production under a strategy reset announced earlier this year. The exploration well was drilled in Green Canyon Block...
Swiss Bank Lobby Steps Up Warnings on UBS Relocation Risk

1 week ago | gurutrade.com | Oliver Hirt |Barbara Lewis

ZURICH, April 11 (Reuters) - Switzerland's main banking lobby on Friday said the Swiss economy could face serious consequences if UBS were driven away, intensifying warnings about the risks of hitting the bank with excessive regulations. Switzerland is drawing up stricter banking rules to make the sector more robust after the 2023 collapse of Credit Suisse. UBS acquired its old rival, raising concern about the potential risk to the economy the enlarged bank posed.
Brazil Retail Sales Rise 0.5% in February to Hit Record

2 weeks ago | gurutrade.com | Marcela Ayres |Barbara Lewis

BRASILIA, April 9 (Reuters) - Retail sales volumes in Brazil rose 0.5% in February from the previous month, reaching the highest level since the data series began in 2000, statistics agency IBGE said on Wednesday. The result matched the 0.5% increase forecast by economists in a Reuters poll. IBGE noted the gain marked a more robust expansion after four months of near-zero changes.
USDA to lose bird flu response employees, source says

2 weeks ago | today.westlaw.com | Leah Douglas |Bill Berkrot |Barbara Lewis

(Reuters) -Several U.S. Department of Agriculture employees who worked on the agency's bird flu response will leave at the end of April, straining the federal capacity to monitor the spread of the virus, according to a source familiar with the...
Polish Central Banker Kotecki Expects May Rate Cut

2 weeks ago | gurutrade.com | Pawel Florkiewicz |Alan Charlish |Barbara Lewis

WARSAW, April 4 (Reuters) - It is highly likely the central bank of Poland will cut rates in May and that this year's reduction in the cost of credit could reach 50-100 basis points, central banker Ludwik Kotecki told private broadcaster TOK FM on Friday. The National Bank of Poland has kept its main interest rate at 5.75% since October 2023. However, on Wednesday, NBP Governor Adam GlapiĆski abandoned his previously hawkish views and did not rule out cutting interest rates as early as May.
High theatre as West End beats Broadway

1 month ago | thestar.com.my | Barbara Lewis

LONDON’s West End theatres are enjoying record ticket sales and drawing millions of pounds of investment as a pandemic-era tax break, which will become permanent next month, persuades producers to choose Britain over Broadway. A record 17.1 million people attended West End shows in 2023, and a similar number in 2024, according to the Society of London Theatre (SOLT). Already a subscriber? Log in.