Reuters UK Business

By Danilo Masoni and Christoph Steitz MILAN/FRANKFURT (Reuters) – Investors are looking beyond the traditional defence stocks that have emerged as star performers in the European market for cheaper industrial companies poised to benefit from increased military spending in the region. Shares in Thyssenkrupp, whose operations range from making steel and car parts to trading …

Investors scout for ‘hidden’ defence plays as rally broadens Read More »

By Giuseppe Fonte and Angelo Amante ROME (Reuters) – When Italian Prime Minister Giorgia Meloni took office in 2022 she inherited a double whammy – the country not only had a worryingly low birthrate, but also low female employment levels. In an effort to help reverse both trends and boost economic growth, Meloni promised a …

Analysis-Bungled EU fund deflates Italian nursery hopes, in blow to Meloni Read More »

By Pietro Lombardi MADRID (Reuters) – Spanish energy company Repsol <REP .MC> promised on Thursday to ramp up its dividend and buy back shares worth at least 700 million euros ($729.8 million) this year, funding the plans from increased cash flow and lower investment. Like larger oil industry peers, Repsol has been hit by a …

Spain’s Repsol plans bigger dividend and lower investment this year Read More »

DUBLIN (Reuters) – Ireland’s policy of capping residential rents to slow runaway housing costs has choked the supply of properties, the country’s top private landlord said on Thursday, as the government considers introducing an alternative system of reference rents. Prime Minister Micheal Martin said earlier this month the government would study a proposal from a …

Ireland’s top private landlord says rent caps choke supply as gov’t mulls reform Read More »

(Reuters) – Shares of Ithaca Energy jumped nearly 8% in morning trade after the North Sea-focused company reported higher 2024 oil and gas production, driven by the recently acquired UK assets of Eni. Ithaca bought nearly all of Eni’s UK oil and gas producing assets last year in an all-stock deal worth around 754 million …

UK’s Ithaca Energy’s shares jump 8% on higher 2024 production Read More »

LONDON (Reuters) – Carrefour shares fell sharply on Thursday after the French retailer sounded a note of caution on consumer demand and said it expects only “slight” growth in free cash flow and earnings before interest and tax in 2025. Carrefour shares were down 7% by 0904 GMT after its fourth-quarter results late on Wednesday …

Carrefour shares fall as retailer’s 2025 outlook disappoints Read More »

AMSTERDAM – STMicroelectronics on Thursday said it is launching a new computer chip targeting the booming market for AI data centre equipment, which it has developed in cooperation with Amazon’s web services arm (AWS). With top U.S. software firms planning to spend $500 billion on AI infrastructure as part of the Stargate venture, demand is …

STMicroelectronics to launch data centre photonics chip developed with Amazon Read More »

YEKATERINBURG, Russia (Reuters) – Russian Central Bank Governor Elvira Nabiullina said on Thursday the bank was not part of the talks on lifting sanctions or a freeze on Russia’s foreign currency reserves. “The central bank does not participate in such negotiations, I am not aware of this,” she said in response to the question of …

Russia’s central bank not part of talks on sanctions lifting, unfreezing reserves, Nabiullina says Read More »