Reuters UK Business

By David Lawder WASHINGTON (Reuters) -The European Union’s top trade officials said on Wednesday the bloc was interested in making mutually beneficial trade deals with U.S. President Donald Trump, and was ready to discuss the potential for reducing or eliminating tariffs on motor vehicles and other goods. Maros Sefcovic, commissioner for trade and economic security, …

EU trade chief ready to discuss trade deals, lower tariffs with Trump Read More »

By Kate Abnett BRUSSELS (Reuters) – The European Union’s biggest economies are split over whether the bloc should weaken its sustainability reporting rules for companies, with Spain and Italy defending some rules that Germany and France want to delay, documents seen by Reuters showed. The European Commission plans to publish an “omnibus” proposal next week …

EU countries split over whether to delay green reporting rules Read More »

By Ross Kerber (Reuters) -Top mutual fund manager Vanguard has paused meetings with portfolio companies while it reviews the impact of new guidance on investor activism from the U.S. Securities and Exchange Commission, according to people familiar with the matter. In a recent notice, the SEC, the acting chair of which was appointed by President …

Exclusive-Vanguard pauses corporate meetings over new ESG guidance Read More »

(Reuters) – Amazon said it would stop support for its unified communications service, Chime, next year and will not accept new customers beginning Wednesday. Amazon employees have long used Chime, which lets users meet, chat and place business calls inside and outside the organization, as a preferred service for video calls. “After careful consideration, we …

Amazon to stop support for communications service Chime next year Read More »

By Stephen Nellis and Akash Sriram (Reuters) – Apple launched on Wednesday a budget-minded phone with artificial intelligence, the iPhone 16e, designed to win back mid-market customers at home and in crucial growth markets China and India. The new phone, which drops the SE naming convention for Apple’s budget series, will take on popular Android …

Apple reveals its version of budget AI: the $599 iPhone 16e Read More »

By Foo Yun Chee and Theodora Arvanitidou BRUSSELS (Reuters) – EU antitrust regulators are asking rivals and customers whether Safran’s bid for Collins’ flight controls business would give the French engine and aircraft equipment maker more market power, a person with direct knowledge of the matter said on Wednesday. The European Commission, which is now …

EU antitrust regulators quiz rivals, customers on Safran, Collins deal, source says Read More »

(Reuters) – British investment firm Rosebank Industries said on Wednesday it is in talks to buy US-based Electrical Components International (ECI), which makes wire harnesses, from private equity firm Cerberus Capital Management. Rosebank, which specialises in acquiring and improving businesses before selling them, said the terms of the proposed transaction remain confidential. The deal could …

UK’s Rosebank Industries in talks to buy US-based wire harness maker ECI Read More »

(Reuters) – British competition regulator said on Wednesday U.S.-based warehousing firm GXO’s purchase of England-based logistics company Wincanton is likely to reduce competition in the supply of dedicated warehousing services to UK grocery customers. The Competition and Markets Authority, which launched an in-depth investigation into the 762 million pounds ($958.67 million) acquisition in November, said …

UK watchdog says GXO-Wincanton deal could reduce competition Read More »

By Andrew Osborn LONDON (Reuters) -Russia, like U.S. President Donald Trump, covets Ukraine’s natural resources – and on the ground its forces are closing in on a giant lithium deposit. Trump said this month he wants Kyiv to hand over large quantities of its critical minerals in return for U.S. military support, prompting Ukrainian President …

Analysis-Russian forces advance on Ukraine’s critical minerals as Trump talks of a deal Read More »