Reuters UK Business

By Kate Abnett and Julia Payne BRUSSELS (Reuters) – The European Commission will next week propose a package of measures to help EU industries stay competitive while they cut their carbon footprint, a draft of the package showed on Tuesday. European manufacturing is struggling with weak demand, cheaper Chinese rivals and a potential fresh blow …

Factbox-Tax breaks and state aid: What’s in the EU’s draft Clean Industrial Deal Read More »

By Kate Abnett BRUSSELS (Reuters) – The European Union will consider investing in liquefied natural gas (LNG) projects abroad as part of plans to “immediately engage” with reliable suppliers to try to lower energy prices, a draft Commission document showed on Tuesday. The EU has a legally-binding climate target to cut its emissions to net …

EU seeks to ‘immediately engage’ with LNG suppliers, draft shows Read More »

(Reuters) – British water regulator Ofwat said on Tuesday six water utilities have appealed its pricing regime, highlighting the tension in a sector that is trying to find the right balance between consumer bills and the environment. The six companies who have appealed are Thames Water, Anglian Water, Northumbrian Water, Southern Water, South East Water …

Six UK water companies lodge appeals against regulator’s pricing regime Read More »

(This Feb. 18 story has been corrected to fix the spelling of ‘transpire,’ in paragraph 8, and ‘picker,’ in paragraph 4) By Kritika Lamba (Reuters) – Bumble forecast its first-quarter revenue below analysts’ estimate on Tuesday, signaling that the dating app operator’s efforts to boost growth are taking longer than expected, sending its shares down …

Bumble forecasts first-quarter revenue below estimates on sluggish user growth Read More »

By Guy Faulconbridge and Gleb Bryanski MOSCOW/RIYADH (Reuters) – Russia’s sovereign wealth fund expects a number of U.S. companies to return to Russia as early as the second quarter of 2025, its chief said after the highest-level U.S.-Russian meeting since the Ukraine war began. When President Vladimir Putin sent thousands of troops into Ukraine in …

Russian wealth fund sees US companies returning in 2025 Read More »

By John Revill ZURICH (Reuters) – Activist investors are expected to step up their campaigns across Europe this year, with American firms increasingly involved buying into companies to put pressure on their management, a study said on Wednesday. Low market valuations of European companies make it cheaper for U.S. firms to build stakes and demand …

U.S. investors to lead activist charge in Europe in 2025, study says Read More »

By Suzanne McGee (Reuters) – Vanguard Group’s Standard & Poor’s 500 ETF is on the edge of finally seizing the title of the world’s largest exchange-traded fund from rival State Street Global Advisors’ product, the SPDR S&P 500 Trust, according to data from FactSet, LSEG and other sources. As of late Friday, the State Street …

Vanguard ETF poised to overtake State Street’s fund as world’s biggest Read More »