Reuters UK Business Archives - Page 1166 of 3179

Eni confirms US will no longer allow oil payments from Venezuela’s PDVSA

31 Mar 2025 31 Mar 2025

ROME (Reuters) -Italy’s Eni confirmed on Sunday it was notified by U.S. authorities it would no longer be allowed to be repaid for gas production in Venezuela through oil supplies given by Venezuelan state oil company PDVSA. Reuters had reported on Saturday that the U.S. government had notified foreign partners of PDVSA, which include Eni, …

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UK firms stay upbeat, helped by retail rebound, Lloyds survey shows

31 Mar 2025 31 Mar 2025

By Andy Bruce (Reuters) – British business confidence held steady this month, matching February’s six-month high and adding to tentative signs of an uptick in the economy in early 2025, a survey showed on Monday. The Lloyds Bank Business Barometer stayed at 49% in March, with a particular strong showing for retailers – chiming with …

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UK sees fastest job vacancy growth in 3 years, Adzuna says

31 Mar 2025 31 Mar 2025

By Ben Ezeamalu LONDON (Reuters) – UK job vacancies saw the fastest month-on-month growth in three years in February, according to data published on Monday that contrasted with a largely gloomy outlook for the economy. Job search company Adzuna said the 3.7% increase from January was led by its graduate and healthcare and nursing categories …

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Markets brace for cut to BOJ’s super-long bond buying

31 Mar 2025 31 Mar 2025

By Leika Kihara and Takahiko Wada TOKYO (Reuters) -The Bank of Japan could take another key step toward diminishing its huge presence in the bond market next week, when it releases its bond-buying plan for the second quarter that may include a cut in the size of super-long bond purchases, analysts say. Under a quantitative …

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EU ready to respond to U.S. on trade tariffs, says Germany’s Scholz

30 Mar 2025 30 Mar 2025

BERLIN (Reuters) – Europe wants to cooperate with the United States but the EU is ready to respond as one if Washington leaves it no choice by imposing tariffs on steel and aluminium, German Chancellor Olaf Scholz said on Sunday. Speaking at the opening of the Hanover industrial trade fair which this year has Canada …

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Stellantis to buy CO2 credits from Tesla ‘pool’ also in 2025, exec says

30 Mar 2025 30 Mar 2025

TURIN, Italy (Reuters) -Stellantis will buy credits from a “pool” led by Tesla also in 2025, to meet European Union’s CO2 reduction requirements, despite Brussels giving carmakers three years to comply, the group’s Europe head said on Saturday. Carmakers facing tougher EU emissions rules this year agreed to pool their emissions and avoid hefty fines …

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Poste to become Telecom Italia’s No.1 investor by buying 15% from Vivendi

29 Mar 2025 29 Mar 2025

By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -Poste Italiane has agreed to buy the bulk of Vivendi’s stake in Telecom Italia to replace the French group as the main investor in the phone group with a 24.8% holding, Poste said on Saturday. Confirming what sources had earlier told Reuters, Poste said it was buying …

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Juventus says it may need more cash, secures $16 million from the Agnellis

29 Mar 2025 29 Mar 2025

MILAN (Reuters) -Juventus may need more money to steady its finances after parting ways with manager Thiago Motta, the Italian soccer club said, adding its top shareholder had agreed to provide 15 million euros ($16 million) ahead of a potential share issue. Juventus, which has been controlled by the Agnelli family for a century, has …

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UniCredit gets ECB approval for Banco BPM buy, to weigh options

29 Mar 2025 29 Mar 2025

MILAN (Reuters) – UniCredit, Italy’s second-biggest bank, has received European Central Bank authorisation for its 14 billion euro all-share offer to buy smaller rival Banco BPM. UniCredit’s offer for BPM is one of several hostile bids rocking Italian banking, which underwent a painful clean-up after the 2008-2012 crisis years but has recently enjoyed record profits …

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Musk’s social media firm X bought by his AI company, valued at $33 billion

29 Mar 2025 29 Mar 2025

By Greg Bensinger (Reuters) -Elon Musk’s xAI has acquired X in a deal that values the social media platform at $33 billion and allows the value of his artificial intelligence firm to be shared with his co-investors in the company formerly known as Twitter. The deal could also help xAI’s ability to train its chatbot …

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