Reuters UK Business

By Aditya Soni and Stephen Nellis (Reuters) -Apple is scrapping its most advanced security encryption feature for cloud data in Britain, the company said on Friday, an unprecedented response to government demands for access to user data. The change affects a feature called Advanced Data Protection (ADP), which extends end-to-end encryption across a wide range …

Apple pulls data protection feature in UK amid government demands Read More »

By Johan BODINIER and Antonis Pothitos (Reuters) – (This story has been corrected to rephrase the headline and to clarify that two out of six projects are most likely to be prioritized, not that only two may move forward, in paragraph 1 and to add the dropped word ‘probably’ in the CEO’s quote in paragraph …

Air Liquide sees two of six US hydrogen hubs most likely to advance first after Trump halts funding Read More »

LONDON (Reuters) – Mastercard’s agreement to settle a landmark lawsuit brought on behalf of British consumers was approved by a London tribunal on Friday, despite opposition from the firm that funded the litigation. The global payments processor said the Competition Appeal Tribunal had approved an agreement it announced in December to settle the long-running litigation …

Mastercard settlement approved by UK court despite funders’ opposition Read More »

By Pranav Kashyap and Johann M Cherian (Reuters) -European shares settled near a record high on Friday and marked their longest streak of weekly gains in nearly a year, while Germany’s DAX dipped as investors braced for the country’s upcoming snap elections. The pan-European STOXX 600 index added 0.5%, recovering from a one-week low on …

Europe’s STOXX 600 closes near record high; German elections in focus Read More »

OSLO (Reuters) – The British government on Friday presented plans for reforms of its flagship Contracts for Difference (CfD) scheme to remove planning barriers and bring green energy projects, especially offshore wind farms, online faster. The Department for Energy Security and Net Zero (DESNZ) said it is proposing to relax the eligibility criteria on planning …

UK presents plans for subsidy reform to speed up green energy projects Read More »

By Joanna Plucinska LONDON (Reuters) – The boss of Europe’s largest tour operator, TUI, said on Friday it would use partner airlines like Ryanair to carry passengers when it is facing strong demand, enabling it to remain conservative on its own airline schedule. Despite the continuing post-pandemic demand for travel, a number of airlines have …

TUI boss: we will use partner airlines when facing strong demand Read More »

FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp said on Friday investor CE Capital Partners has broken off talks about a potential purchase of the HKM steel joint venture, raising the risk of closure for the asset and its roughly 3,000 employees. “We deeply regret this development. It was and is our primary objective to sell the shares in …

Thyssenkrupp says potential investor for HKM steel JV has broken off talks Read More »