All the updated news related to suez

All the news related to suez updated in real time

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World

Egypt raises transit fees for ships passing through Suez Canal

Cash-strapped Egypt increased transit fees for ships passing through the Suez Canal, one of the world’s most crucial waterways, with hikes of up to 10%, officials said. The Suez Canal Authority said on its website the increases were “in line with ...

01 Mar 2022 at 11:55

City

CMA breaks up waste merger between Veolia and Suez

The competition watchdog has stepped in to break up a waste management megamerger which it was worried could have led to higher charges for local councils. Veolia will be forced to sell off most of the operations it got in the UK when buying ...

25 Aug 2022 at 09:34

City

Waste merger could push up council tax bills, competition watchdog warns

Council tax bills might go up if the proposed tie-up between two of the biggest waste and water companies in the UK is allowed to go ahead, officials have said. The Competition and Markets Authority said it was worried that if the two ...

15 Jun 2022 at 11:48

City

Veolia to sell Suez UK waste business for £2bn after watchdog concerns

French utilities giant Veolia has said it will sell Suez’s UK waste business to Macquarie for 2.4 billion euros (£2 billion) after regulators raised competition concerns. Veolia agreed to buy smaller French competitor Suez in a 13 ...

08 Aug 2022 at 14:43

Coffee prices to keep rising for at least another year, Lavazza warns

UK consumers will not see soaring coffee prices drop until the middle of next year at the earliest as “very challenging headwinds” continue to batter the industry, Lavazza has warned. The Italian coffee giant’s group chairman, ...

10 Jul 2024 at 10:37

Sunak: Houthis must stop ‘illegal and unacceptable attacks’

Rishi Sunak has said the UK would not hesitate to launch further air strikes against the Iran-backed Houthi rebels if attacks on shipping continued. Royal Air Force jets took part in a second wave of joint US-UK action ...

23 Jan 2024 at 14:20

Air strikes send ‘clearest possible message’ to Houthis, says Cameron

The latest round of UK and allied strikes against Houthi targets was designed to “send the clearest possible message” to the rebels that attacks on cargo ships are “unacceptable”, the Foreign Secretary said. Britain ...

23 Jan 2024 at 11:48

World

Ship runs aground in Suez Canal

A Hong Kong-flagged ship briefly ran aground in Egypt’s Suez Canal – momentarily disrupting the vital waterway. The Xin Hai Tong 23 got into trouble at the southern mouth of the canal on Thursday, tracking data ...

25 May 2023 at 07:56

City

Thames Water receives buyout offer from investment group Covalis Capital

Investment firm Covalis Capital has made an offer for Thames Water, in a plan which could see the embattled utility giant broken up into smaller businesses. Covalis’s bid involves bringing in French company ...

06 Dec 2024 at 11:56

Scotland

Firefighters remain at scene of recycling centre blaze two days after it ignited

Firefighters are still at the scene of a “significant” fire at a recycling centre in Aberdeen almost 48 hours after the blaze started. At its height, reports suggest as many as 100 firefighters were on the ...

10 Jul 2022 at 14:29

World

Suez Canal chief says April revenues hit all-time record

Bosses of Egypt’s Suez Canal said on Sunday that its monthly revenues hit an all-time record in April, raking in 629 million US dollars (£500 million). The unprecedented income came after transit fees for ...

01 May 2022 at 12:55

City

Model trains maker Hornby says sales hit by Red Sea shipping delays

Model trains maker Hornby has said some deliveries have been delayed as a result of shipping attacks in the Red Sea. Margate-based Hornby, a more than 100-year-old business which specialises in toys and ...

22 Apr 2024 at 12:20

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