Reuters UK Business

France’s Veolia to buy hazardous waste group Clean Earth for $3 billion

21 Nov 2025

By Mathias de Rozario (Reuters) -French water management, waste management and energy services group Veolia said on Friday it had agreed to buy U.S.-based hazardous waste company Clean Earth from Enviri for $3 billion. “Following this acquisition, the group’s turnover in hazardous waste will increase to 5.2 billion euros ($6.00 billion). We are the global …

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Schiphol airport earmarks $1.2 billion for investment abroad by 2035

21 Nov 2025

AMSTERDAM (Reuters) -Amsterdam’s Schiphol airport plans to reserve around 1 billion euros ($1.15 billion) to buy airport assets abroad in the period through 2035, a company spokesperson said on Friday, confirming a report from newspaper Financieele Dagblad. The airport operator, which owns stakes in other airports in the Netherlands and in two airports in Australia, …

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Global equity funds draw inflows for ninth week on corporate earnings optimism

21 Nov 2025

(Reuters) -Global equity funds attracted inflows for a ninth straight week as fund investors, encouraged by an overall strong third-quarter earnings season, brushed off concerns about lofty tech valuations. LSEG Lipper data showed that investors bought a net $4.43 billion worth of global equity funds during the week to November 19, a touch higher than …

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EU gives Italy formal warning over ‘golden power’ takeover rules

21 Nov 2025

BRUSSELS (Reuters) -The European Commission on Friday issued a formal warning to Italy’s government that its so-called ‘golden power’ measures on takeover deals could breach EU law. These Italian government measures are aimed at safeguarding the national interest in strategic sectors such as defence and telecommunications. Italy is one of a number of EU countries …

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Exclusive-Abu Dhabi’s IHC interested in Lukoil’s foreign assets

21 Nov 2025

By Rachna Uppal, Dmitry Zhdannikov and Yousef Saba ABU DHABI (Reuters) -Abu Dhabi conglomerate International Holding Company has told the U.S. Treasury it is interested in buying Russian oil group Lukoil’s foreign assets, the company said in response to a Reuters enquiry. IHC, an Abu Dhabi conglomerate led by a key member of the United Arab …

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UK regulator plans to ease transaction reporting requirements

21 Nov 2025

(Reuters) -Britain’s financial regulator on Friday set out proposals to streamline transaction reporting requirements, which help detect financial crime and monitor market resilience, to reduce costs and help firms save more than 100 million pounds ($130.59 million) annually.    The Financial Conduct Authority said it has proposed removing foreign exchange derivatives from reporting requirements and …

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Italy closes Google probe over unfair use of personal data after remedies adopted

21 Nov 2025

MILAN (Reuters) -Italy’s competition authority said on Friday it had closed a probe it had launched last year over Google’s alleged unfair commercial practices in the use of personal data after the online search giant adopted remedies. In July 2024 the authority opened an investigation as the request Google sent its users for consent to …

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Fashion retailer ASOS’ shares drop after disappointing profit outlook

21 Nov 2025

By Pushkala Aripaka and Nithyashree R B (Reuters) -ASOS shares fell sharply on Friday after the British fashion retailer’s 2026 profit forecast came in below expectations, even though the company reported a jump in full-year earnings. The online retailer has been working to revive its fast-fashion appeal among its core shoppers in their 20s, while …

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Sterling treads water as data paints sombre picture before budget

21 Nov 2025

By Ozan Ergenay LONDON (Reuters) -Sterling was little changed on Friday as investors awaited Britain’s upcoming budget, with data showing the economy struggled before next week’s major test for the currency and bond market. The pound was last down less than 0.1% against the dollar at $1.3063. It was set to lose 0.8% for the …

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Euro zone business activity grows steadily in November, PMI shows

21 Nov 2025

By Indradip Ghosh (Reuters) -Euro zone business activity grew steadily this month as services expanded at the quickest pace in 1-1/2 years, while weak demand sent manufacturing back into contraction territory, a private survey showed. The 20-nation bloc has shown economic resilience despite high global uncertainty since the start of the year, and improving business …

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