Reuters UK Business

By Linda Pasquini and Elizaveta Gladun (Reuters) – U.S. government decisions are hurting the North American market disproportionately, consumer goods and adhesive maker Henkel said on Tuesday, the latest company to warn about uncertainty caused by President Donald Trump’s trade policies. “For sure what is happening in the U.S. in terms of decisions, that’s impacting …

Persil-owner Henkel says US policies are hurting North American market Read More »

PARIS (Reuters) – French carmaker Renault said on Tuesday it was taking note of Nissan’s announcement that Ivan Espinosa, its chief planning officer, would take the helm from April 1, succeeding Makoto Uchida as leader of the troubled Japanese carmaker. Renault, which welcomes Nissan’s intention to implement and complete its turnaround plan, said in a …

Renault says confident Espinosa keen to continue Renault/Nissan relationship Read More »

MADRID (Reuters) – Franco-Dutch airlines group Air France-KLM has offered 300 million euros ($326.82 million) for a 51% stake in Spanish airline Air Europa, news website El Confidencial said on Tuesday, citing unnamed sources close to the negotiations. Air France-KLM, which said in November talks were underway, would also take over Air Europa’s 475 million …

Air France-KLM offers 300 million euros for 51% in Air Europa, El Confidencial reports Read More »

LONDON – Britain’s Financial Conduct Authority on Tuesday said it would likely consult on an industry-wide scheme to compensate motor finance customers if the Supreme Court rules that lenders and brokers should have been more transparent about commissions. The regulator has been weighing potential consumer redress that analysts say could run into billions of pounds …

Britain’s financial watchdog “likely to consult” on motor finance redress Read More »

MADRID (Reuters) – U.S.-based fund Starwood Capital is close to reach an agreement to buy a 79% stake in Spanish residential real estate developer Aedas Homes, newspaper Cinco Dias reported on Tuesday, citing unidentified sources. Rival U.S. fund Castlelake currently controls 79% in Aedas and is eager to exit the company, the newspaper reported last …

U.S. fund Starwood to buy Spain residential home developer Aedas, Cinco Dias reports Read More »