Reuters UK Business

By Milana Vinn (Reuters) -UBS Group has hired Evan Raine to head its media and telecoms mergers and acquisitions unit in the Americas to help the bank capture more market share from advising on deals in the sector. Raine will start at UBS on April 14 and will be based in New York, Jeff Hinton, …

UBS hires Evan Raine as head of media and telecom M&A for Americas Read More »

(Reuters) -Computer parts maker Logitech International on Thursday withdrew its 2026 forecast, citing continued uncertainty stemming from U.S. President Donald Trump’s trade policies. The Swiss-American company, which makes products such as keyboards, mouse and webcams, previously forecast fiscal year 2026 sales to range from $4.53 billion to $4.71 billion. However, the company maintained its 2025 …

Logitech withdraws 2026 forecast amid tariff uncertainty Read More »

(Reuters) -The EU is prepared to deploy its most powerful trade measures and may impose levies on U.S. digital companies if negotiations with U.S. President Donald Trump fail, EU President Ursula von der Leyen told the Financial Times on Thursday. The EU would seek a completely balanced agreement with Washington during Trump’s 90-day pause in …

EU could tax big tech if Trump trade talks fail, Von der Leyen tells FT Read More »

By Amanda Cooper and Samuel Indyk LONDON (Reuters) – U.S. President Donald Trump’s U-turn on tariffs has rained yet more volatility on markets, leaving investors skidding from stocks to safe-havens and back, and while previous crises have seen bigger moves, few have been this fast. Trump said on Wednesday he would temporarily lower the hefty …

Markets boomerang as ‘Trump Blink’ redefines volatility Read More »

MILAN (Reuters) – Proxy adviser Glass Lewis has recommended Generali investors vote to hand CEO Philippe Donnet another term at a general meeting on April 24.  Italy’s biggest insurer investor Mediobanca has put forward Donnet as a candidate as part of a slate of board nominees. A major Generali shareholder, Francesco Gaetano Caltagirone, who has …

Glass Lewis backs Generali CEO Donnet for another term Read More »

(Reuters) – Britain’s competition regulator said on Thursday it might accept the measures offered by oilfield services firm SLB and smaller rival ChampionX to address antitrust concerns regarding the two companies’ proposed $8 billion deal. The announcement provides a respite to the two companies as the watchdog had last month said SLB’s deal for ChampionX …

UK watchdog says it might accept remedial measures offered by SLB, ChampionX Read More »

By Zaheer Kachwala and Marie Mannes (Reuters) – Nearly half of Polestar’s U.S. sales for its model 3 in the quarter through March came from hefty discounts targeting disgruntled Tesla owners, an executive for the Swedish EV maker said on Thursday, after it reported a 76% surge in global deliveries. The offer, which gives Tesla …

EV maker Polestar lures disgruntled Tesla owners with discounts Read More »

By Zaheer Kachwala (Reuters) – Swedish electric-vehicle maker Polestar plans to move more manufacturing to Europe as U.S. tariffs and the global trade war spell trouble for the automotive industry, CEO Michael Lohscheller said on Thursday. It also reported a 76% jump in first-quarter sales as discounts and offers helped offset stiff competition and an …

Polestar warns of tariff impact after discounts boost quarterly sales Read More »

By Nathan Vifflin and Giuseppe Fonte (Reuters) -Chipmaker STMicroelectronics’ supervisory board on Thursday denied allegations of insider trading concerning two members of its managing board and sought to reassure the Italian government the company was committed to its investments there. Italy’s Economy Minister Giancarlo Giorgetti in a news conference late on Wednesday accused STMicro’s management of …

Chipmaker STMicro denies Italian minister’s allegations of insider trading Read More »