Reuters UK Business

By Klaus Lauer, Elvira Pollina BERLIN/MILAN (Reuters) -The supervisory board of ProSiebenSat.1 has put on hold a potential deal that could hand U.S. private equity firm General Atlantic a minority stake in the German broadcaster, sources told Reuters on Monday. General Atlantic is a co-investor in ProSieben’s internet units – price comparison website Verivox, perfume …

ProSieben board puts on hold General Atlantic deal, sources say Read More »

By Julia Payne BRUSSELS (Reuters) -Concerns that the Trump administration’s metals tariffs could divert a wave of aluminium to Europe have prompted the European Commission to consider possible curbs on imports, a draft EU plan shows.  The EU is also considering duties on its own exports of scrap metals to shore up the industry, according to …

EU to look at import limits for aluminium sector, draft document shows Read More »

By Stefania Spezzati and Tommy Reggiori Wilkes LONDON (Reuters) -UBS’s auditors have expressed an “adverse opinion” on the bank’s internal controls over its financial reporting for 2024 after it failed to resolve issues related to misstatements inherited from Credit Suisse, the Swiss lender said on Monday. An adverse opinion – a rare rebuke for a …

UBS’s auditor warns over bank’s financial reporting controls Read More »

(Reuters) – Russian President Vladimir Putin has given a U.S. hedge fund permission to buy securities in Russian companies from certain foreign stakeholders and authorised their future sale to two Russian funds, a presidential decree showed on Monday. Moscow has steadily tightened restrictions on foreign asset sales since the start of the conflict in Ukraine, …

Putin decree authorises US hedge fund to buy foreign-owned Russian securities Read More »

LONDON (Reuters) – Tech companies must start putting in place measures to protect users from child sexual abuse images and other illegal content in Britain from Monday as enforcement of its online safety regime ramps up. Media regulator Ofcom said Meta’s Facebook, ByteDance’s TikTok, Alphabet’s YouTube and other companies must now implement measures such as …

Tech firms must start protecting UK users from illegal content Read More »

By Manya Saini and Supantha Mukherjee (Reuters) -Swedish payments firm Klarna said on Monday it is partnering with consumer finance app OnePay to offer installment loans for purchases at retail giant Walmart in the United States. Installment loans, a staple of consumer lending, offer fixed payments over a set period, making them a popular and …

Klarna, OnePay unveil installment loans tie-up for Walmart shoppers in US Read More »

By Foo Yun Chee BRUSSELS (Reuters) – French engine and aircraft equipment maker Safran has offered remedies in an attempt to secure EU antitrust approval for its $1.8 billion bid for Collins Aerospace’s flight controls business, an update on the European Commission website showed on Monday. The EU competition enforcer, which did not provide details …

Safran offers remedies to win EU approval for Collins deal Read More »

By Ananya Mariam Rajesh (Reuters) -PepsiCo said on Monday it would buy prebiotic soda brand Poppi for $1.95 billion, expanding into the “healthier soda” category at a time when the company is battling falling demand for its traditional beverages and snacks. Shares of PepsiCo were up 1.6% in early trading. Young Americans are increasingly turning …

PepsiCo to buy prebiotic soda brand Poppi for nearly $2 billion Read More »