Reuters UK Business

By Aditya Soni and Deborah Mary Sophia (Reuters) -The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics take a battering from President Donald Trump’s global trade war. AI came to the rescue of earnings at Microsoft …

Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics Read More »

DUBLIN (Reuters) -AIB’s board will decide over the coming week whether a proposed direct share buyback from the Irish state should proceed after it was approved by shareholders on Thursday amid a drop in its share price since the plan was announced on March 5. AIB announced the 1.2-billion-euro ($1.4 billion) buyback with the Irish …

AIB to decide whether to proceed with buyback after shareholder approval Read More »

(Reuters) -Centrica investors should vote against the energy company’s remuneration report at its annual general meeting next week, proxy adviser Institutional Shareholder Services said on Thursday, citing concerns over CEO Chris O’Shea’s pay rise. In a report circulated to clients, ISS said a nearly 29% salary raise for O’Shea and of 8.5% for Centrica’s finance …

British Gas owner Centrica shareholders urged to oppose CEO’s pay hike Read More »

By Chandini Monnappa and Yamini Kalia (Reuters) -Premier Inn owner Whitbread on Thursday signalled strong demand for the upcoming summer season and said it was confident about its medium-term goals, supported by planned expansions in the UK and continued strong performance in Germany. Its shares rose as much as 8% to their highest since February …

Whitbread signals strong summer demand for Premier Inn, shares surge 8% Read More »

By Melanie Burton and Clara Denina MELBOURNE/LONDON (Reuters) – An overwhelming majority of Rio Tinto shareholders sided with the board to vote against an activist fund proposal that the mining company should review its dual listing in Sydney and London. The mining giant said on Thursday that 19.35% of shareholders backed the motion put forward …

Rio Tinto shareholders reject call to review dual-listed structure Read More »

LONDON (Reuters) -Apple must pay a U.S. patent holder $502 million for the use of 4G patents in devices including iPhones and iPads, London’s Court of Appeal ruled on Thursday, in the latest stage of a long-running legal battle. Texas-based Optis Cellular Technology LLC sued Apple in London in 2019 over its use of patents …

Apple must pay Optis $502 million lump sum in UK patent dispute, court rules Read More »

By Pushkala Aripaka (Reuters) -Sensodyne toothpaste maker Haleon on Thursday forecast high single-digit percentage growth in its profit from 2026, helped by steady demand for its products in key markets and expected cost-cuts within its supply chain. The consumer healthcare group had earlier forecast adjusted operating profit to grow ahead of its 4%-6% organic revenue …

Haleon forecasts medium-term profit to grow by high single-digits percentage Read More »