Reuters UK Business

ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Halfway to recession If investors wanted a reminder of the impact tariffs and trade wars have on markets, they got it on Wednesday as figures showed that U.S. GDP shrank in the first quarter, pushing Wall …

Trading Day: Trade? It’s a drag Read More »

By Foo Yun Chee BRUSSELS (Reuters) – Microsoft respects European laws including landmark legislation seeking to rein in the power of Big Tech, its President Brad Smith said on Wednesday, putting the company at odds with the White House, which has criticised sanctions related to EU rules. The European Commission triggered the White House’s ire …

Microsoft president says company respects European laws amid US criticism Read More »

(Reuters) -Albemarle, the world’s largest producer of lithium for electric vehicle batteries, said on Wednesday it has not yet been affected by the flurry of tariffs bouncing around the global economy and would thus maintain its 2025 outlook. The Charlotte, North Carolina-based company, which operates across the Americas, Asia and Australia, kept its sales and …

Albemarle maintains 2025 outlook due to lithium tariff exemptions Read More »

(Reuters) -Britain’s GlobalData said on Wednesday it had received preliminary takeover proposals from funds managed by private equity groups ICG and KKR, sending its shares up as much as 35.9%. The data analytics and consulting company said it was in talks with both parties and they have to announce a firm intention to make an …

GlobalData gets takeover proposals from funds managed by ICG, KKR Read More »

By Luciana Magalhaes RIO DE JANEIRO (Reuters) -The Stefanini Group, a global tech consultancy firm based in Brazil, plans to spend 2 billion reais ($350 million) on acquisitions by the end of 2027, said Marco Stefanini, the company’s founder and global CEO.  The group is in talks with targets and may soon announce a transaction …

Brazil’s Stefanini looking for acquisitions in the Americas and Europe Read More »

BRUSSELS (Reuters) -Twelve European Union countries have requested activation of the “national escape clause” from EU deficit rules in order to boost their defence spending, the European Commission said on Wednesday. The Commission, which is the EU’s executive body, has proposed allowing member states to raise defence spending by 1.5% of gross domestic product each …

Twelve EU members request activation of escape clause for defence spending, Commission says Read More »

By Deborah Mary Sophia (Reuters) -Alphabet shares jumped about 3% on Friday, after a solid earnings report from the Google parent showed investors that its bold bets on AI were fueling growth in the core advertising business, soothing some concerns around competition and tariff-related pressures. Google’s advertising revenue rose a better-than-expected 8.5% in the first …

Alphabet climbs as AI bets drive ad strength, quelling market fears Read More »