Reuters UK Business

By Rene Wagner and Maria Martinez BERLIN (Reuters) -Germany remained the European Union’s largest net contributor in 2024 despite its ongoing economic crisis, though its payments have fallen sharply from previous years, according to a study by the German Economic Institute IW seen by Reuters on Wednesday. Europe’s largest economy paid 13.1 billion euros ($15.09 …

Germany remains EU’s top net contributor despite economic slump, study shows Read More »

(Reuters) -Warner Music Group settled its copyright infringement case with artificial intelligence-powered song creation platform Suno, enabling the startup to launch licensed AI models next year, the companies said on Tuesday. Suno’s rival Udio has also settled its copyright dispute with Warner Music and Universal Music Group recently, as music companies look to open new …

Warner Music Group settles copyright case with Suno for licensed AI music Read More »

By David Milliken LONDON (Reuters) -Britain’s main minimum wage rate will rise by 4.1% to 12.71 pounds ($16.67) an hour next April to keep up with average pay, the government said on Tuesday, despite complaints from some employers that this will push up prices. Britain’s minimum wage is the second-highest in Europe relative to average …

UK government approves 4.1% rise in minimum wage for 2026 Read More »

By Julie Steenhuysen CHICAGO (Reuters) -Novo Nordisk’s highly anticipated but ultimately unsuccessful Alzheimer’s trials were a long shot for the maker of blockbuster drugs Ozempic and Wegovy, but scientists are still asking if GLP-1 drugs should be tested to prevent the disease in people at risk. Novo’s trials tested Rybelsus, an older pill form of …

Analysis-Undeterred by Novo Nordisk failure, scientists consider GLP-1s as Alzheimer’s prevention Read More »

By Anna Hirtenstein and Dmitry Zhdannikov LONDON/MOSCOW (Reuters) -Leonid Fedun, a co-founder of Lukoil, has sold his roughly $7 billion stake in the Russian company, three sources said and data showed, completing a 30-year ride that made Lukoil a global force but lately saw it shrinking fast under sanctions. After months of averting Western sanctions …

Exclusive-Lukoil co-founder Fedun sells his stake back to company, sources say Read More »

By America Hernandez PARIS (Reuters) -French oil major TotalEnergies will relocate its floating LNG storage and regasification unit currently stationed in northwest France, it said on Tuesday. The FSRU, which has a capacity of 5 billion cubic metres, or 10% of French gas demand, was stationed at the port of Le Havre in 2023 at …

TotalEnergies to relocate Le Havre floating LNG terminal after French court ruling Read More »