Reuters UK Business

DHL resumes global shipments of over $800 to US consumers

28 Apr 2025

DUESSELDORF, Germany (Reuters) -DHL Express, a division of Germany’s Deutsche Post, will resume global business-to-consumer shipments worth over $800 to individuals in the United States after a “constructive dialogue” with U.S. authorities, DHL said on Monday. DHL blamed the halt it implemented on April 21 on new U.S. customs rules which require formal entry processing …

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M&S tells warehouse agency staff to stay home as cyber incident continues

28 Apr 2025

LONDON (Reuters) – British retailer Marks & Spencer told agency staff at its central England distribution centre to stay at home on Monday, after it stopped taking online orders following a cyber incident last week. Shares in the company, one of the best known names on Britain’s shopping streets, were trading down 2% on Monday, …

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UK retail sales drop less rapidly in April, CBI says

28 Apr 2025

LONDON (Reuters) -British retail sales volumes fell by the smallest amount since October this month but stores expect conditions to worsen next month, according to a survey on Monday that reflected ongoing concerns about growth and consumer confidence. The Confederation of British Industry’s monthly gauge of how retail sales compared with a year earlier rose …

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EEX bourse saw 16% revenue growth in 2024 as power volumes grew

28 Apr 2025

By Vera Eckert FRANKFURT (Reuters) – The European Energy Exchange’s (EEX) revenue rose 16% last year, mainly driven by higher electricity trading volumes in its European, North American and Japanese markets and with new international trade participants joining, it said on Monday. With 80 new participants joining last year, there are now 950 members active …

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Poland, US firms sign contract to design nuclear power plant

28 Apr 2025

WARSAW (Reuters) -U.S. firms Westinghouse Electric and Bechtel signed a contract on Monday with Poland’s state-owned Polskie Elektrownie Jadrowe (PEJ) to continue designing the country’s first nuclear power plant, after an initial agreement expired at the end of March. Poland is seeking to reduce its reliance on coal and chose Westinghouse in 2022 to build …

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Analysis-Unexpected euro surge adds to Europe Inc’s tariff misery

28 Apr 2025

By Yoruk Bahceli and Samuel Indyk LONDON (Reuters) -The euro has unexpectedly surged since U.S. President Donald Trump’s big tariffs announcement, which is likely to shave at least a couple of percentage points off European company earnings, adding to the impact of the levies themselves. While economists usually expect countries’ currencies to weaken when hit …

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Novo Nordisk’s obesity drug Wegovy debuts in Thailand

28 Apr 2025

By Panu Wongcha-um BANGKOK (Reuters) -Novo Nordisk has launched its hugely popular weight-loss drug Wegovy in Thailand, an executive of the Danish drugmaker’s local subsidiary said on Monday, marking the injectable drug’s first entry into the Southeast Asian market. First launched in 2021, Wegovy helped make Novo Nordisk Europe’s most valuable listed company until recently, …

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CIP sells 50% stake in Scottish battery storage system to AXA

28 Apr 2025

COPENHAGEN (Reuters) -Clean energy fund manager Copenhagen Infrastructure Partners (CIP) said on Monday it had agreed to divest a 50% stake in a battery energy storage system in southern Scotland to French insurer AXA’s alternative investment arm. CIP will continue to oversee the Coalburn 1 project, a 500 megawatt (MW) lithium-ion battery energy storage system, …

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NATO demand drives night vision maker Exosens revenue in Q1

28 Apr 2025

By Paolo Laudani (Reuters) -France’s Exosens on Monday confirmed its strong full-year guidance and reported first-quarter revenue slightly ahead of expectations as demand from NATO and Tier-1 allies’ forces drove growth. The firm, which supplies night vision systems to NATO, posted first-quarter revenue of 104.9 million euros ($119.3 million), slightly ahead of 101 million euros …

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