Reuters UK Business

By Lucy Raitano LONDON (Reuters) – Unusually high volatility in the shares of European companies around their earnings days has prompted a growing number of typically cautious longer-term investors to jump on big price swings. Volatility in European shares on results days has reached a near-record high, Bank of America data shows, with the fourth-quarter …

Analysis-European results-day share volatility emboldens longer-term investors Read More »

MILAN (Reuters) – State-backed Poste Italiane is ready to increase its recently acquired stake in Telecom Italia (TIM), three sources said, in a move that would strengthen its position in any potential M&A deal involving the phone group. The financial conglomerate led by former JPMorgan banker Matteo Del Fante said on Saturday it was replacing …

Italy’s Poste ready to raise Telecom Italia stake as M&A looms Read More »

By Iain Withers LONDON (Reuters) -Bosses from global financial firms pressed Britain’s finance minister Rachel Reeves on Wednesday to improve tax incentives for UK consumers to invest and to boost UK competitiveness, four sources briefed on the discussions told Reuters. The British government has come under intensifying pressure to boost the country’s sluggish growth and …

Finance bosses press UK’s Reeves to ease investment taxes, sources say Read More »

(Reuters) – Swiss navigation device maker Garmin forecast full-year results above Wall Street estimates on Wednesday, banking on continued momentum in its outdoor and auto OEM segments. Its U.S.-listed shares were up 8.9% in early trading. Garmin makes wearables designed for a niche market of professionals and specializes in GPS-enabled products for defense and recreational …

Garmin forecasts 2025 results above estimates on strong outdoor wearables demand Read More »

(This Feb. 18 story has been corrected to change the year to 2023, from 2003, in paragraph 8) By Diego Oré MEXICO CITY (Reuters) – Spanish bank Santander will do various investments amounting to over $2 billion in Mexico during the next three years, the company’s Executive Chair Ana Botin said on Tuesday. Botin made …

Banco Santander announces over $2 billion investment in Mexico in three years Read More »

By Clara Denina and Pratima Desai LONDON (Reuters) -Glencore is considering moving its primary listing from London, it said on Wednesday, after it posted lower earnings, recorded $2.3 billion in impairment losses and said it would return $2.2 billion to shareholders. Analysts said the dividend and buybacks could boost the London-listed share price, but on …

Glencore looks at leaving London as shares drop and earnings dip Read More »

By Julia Payne BRUSSELS (Reuters) -EU envoys on Wednesday agreed on a 16th package of sanctions against Russia, EU diplomats said, including a ban on primary aluminium imports, sales of gaming consoles and the listing of 73 shadow fleet vessels. The package, which largely sticks to the European Commission’s proposal, is expected to be adopted …

EU envoys agree ban on Russian aluminium imports in new sanctions package Read More »