Reuters UK Business

By John Revill ZURICH (Reuters) – Swiss chocolate maker Lindt & Spruengli will supply chocolate to Canada made in Europe to avoid Canadian tariffs imposed to counter the higher U.S. customs duties imposed by President Donald Trump. President Trump announced new 25% tariffs on imports from Mexico and Canada would take effect from Tuesday, with …

Lindt to supply chocolate to Canada from Europe to sidestep tariff hit Read More »

(Reuters) -Apple on Tuesday launched new versions of its iPad Air, enhancing the mid-tier tablet with its M3 chip and artificial intelligence capabilities in a bid to spur upgrades among customers. The revamped lineup starts at $599 for the 11-inch model, and the 13-inch variant at $799. Pre-orders open Tuesday, with deliveries set to start …

Apple launches new iPad Air with AI features to stoke demand Read More »

(Reuters) -Dialysis firm Fresenius Medical Care shares fell 7.8% after German healthcare group Fresenius SE sold part of its stake in the company. Fresenius SE, which previously owned 32.2% of FMC, cut its stake to 25% plus one share via an accelerated bookbuilding procedure as well as through the placement of bonds exchangeable into FMC …

Fresenius Medical Care’s stock falls on Fresenius’ stake sale Read More »

BRUSSELS (Reuters) – European Commission chief Ursula von der Leyen hosted steel sector executives on Tuesday for a debate on how to ensure the industry’s future health as it faces high energy costs, decarbonisation and impending U.S. tariffs. The debate, launched eight days before U.S. President Donald Trump is set to impose 25% tariffs on …

EU debates support for Europe’s steel industry as U.S. tariffs loom Read More »

(Reuters) -Shares in European carmakers and automotive suppliers fell sharply on Tuesday, after U.S. tariffs of 25% took effect on imports from Canada as well as Mexico, a major automotive supply and manufacturing hub for global firms. The STOXX Europe 600 Automobiles and Parts index fell the most since September 2022, and was down 5% …

European auto stocks sink as U.S. tariffs on Mexico, Canada kick in Read More »

LONDON (Reuters) – Two former Credit Suisse managing directors have been banned from the UK financial services industry after they pleaded guilty in the United States over their role in Mozambique’s “tuna bond” scandal, Britain’s Financial Conduct Authority said on Tuesday. Andrew Pearse and Surjan Singh pleaded guilty in 2019 to accepting kickbacks in relation …

UK’s FCA bans former Credit Suisse executives following US criminal convictions Read More »

By Leo Marchandon and Gianluca Lo Nostro (Reuters) -Canal+ has extended the deadline for its takeover of South Africa’s pay TV broadcaster MultiChoice by six months to give regulators more time to clear the deal, the French group said on Tuesday as it forecast a drop in revenue this year. If completed, the acquisition would …

Canal+ extends deadline for MultiChoice takeover Read More »