Reuters UK Business

By Sukriti Gupta, Medha Singh and Nikhil Sharma (Reuters) – European shares ended higher on Thursday, boosted by automakers and materials stocks, as investors digested a mixed set of corporate earnings and evaluated the ever-shifting U.S. trade rhetoric. The pan-European STOXX 600 index erased earlier losses to close 0.4% higher, building on this week’s rally. …

STOXX 600 up as automakers, materials gain; Trump policy shifts in focus Read More »

(Reuters) -British financial services firm NewDay Group has attracted takeover interest for parts or all of its business, including a bid from a Bain Capital-led consortium, Sky News reported on Thursday. The company has also drawn interest from asset management firm Pimco and private equity firm KKR, according to the report, which estimated NewDay could …

UK’s NewDay Group draws takeover interest from bidders, Sky News reports Read More »

FRANKFURT (Reuters) – State-owned utility Uniper swung to an operating loss in the first quarter, it said on Thursday, blaming falling earnings from hedging transactions that reflect lower gas and power prices in Europe. The German group’s first-quarter adjusted loss before interest, tax, depreciation and amortisation came in at 139 million euros ($158 million), down …

Germany’s Uniper swings to quarterly operating loss as hedging bites Read More »

(Reuters) – Boeing CEO Kelly Ortberg praised the performance of upper management at the company on Thursday, but said at its annual general meeting that he would not hesitate to add personnel if needed. “Won’t be shy about doing that, but again, I think the team is coming together pretty well,” Ortberg said in response …

Boeing CEO ‘won’t be shy’ about bringing in new execs if needed Read More »