Reuters UK Business

By Mathieu Rosemain and Bertrand De Meyer PARIS -Amundi, Europe’s biggest fund manager, posted quarterly inflows in line with expectations on Tuesday, as more people continued to put money into funds that track the market during a time when investment shifted from the United States to Europe following Donald Trump’s election as president.  Net inflows …

Amundi’s assets under management rise 6% on ETF growth, UK client Read More »

By Pratima Desai LONDON (Reuters) -Hydro has signed a long-term deal to supply low-carbon aluminium wire rod to Denmark’s NKT for the production of power cable to upgrade Europe’s grid infrastructure, the Norwegian company said on Tuesday. The European Union published a plan in 2023 to boost the efficiency of its electricity grids and roll …

Hydro signs billion-euro deal to supply NKT with low-carbon aluminium for EU grid Read More »

A look at the day ahead in European and global markets from Tom Westbrook As U.S. futures have tiptoed back upwards near early April’s levels, it’s the dollar that is left licking the wounds of Donald Trump’s first 100 days in office as it slides towards its largest monthly drop in years. Traders have sold …

Morning Bid: Only 1,362 days of Trump 2.0 to go Read More »

By Suban Abdulla LONDON (Reuters) -British food price inflation jumped to its highest in nearly a year in April, according to a survey published on Tuesday that said higher costs for retailers could put further upward pressure on shop prices. The British Retail Consortium warned of the risk of further upward price pressures in the …

UK food inflation highest in 11 months, likely to rise further, BRC says Read More »

LONDON (Reuters) -INEOS owner and a British billionaire Jim Ratcliffe has called on the government to curb environmental costs on businesses, which he said, along with high energy costs, were driving investment away from the country. The call comes as the government is under pressure to grow the economy, and as energy-intensive firms in Britain such …

INEOS founder Jim Ratcliffe calls on Britain to cut environmental costs Read More »

By David Milliken LONDON (Reuters) -British finance minister Rachel Reeves will have to juggle competing calls to boost growth and tackle immediate social needs when she divides up a 100 billion pound ($134 billion) investment pot in June, a think tank said on Tuesday. The Resolution Foundation estimates Reeves will have just 20 billion pounds …

UK’s 100 billion pound investment pot smaller than it looks, think tank says Read More »