Reuters UK Business

By Katie Paul and Harshita Mary Varghese (Reuters) -Meta Platforms is establishing a new division within its Reality Labs unit to develop AI-powered humanoid robots that can assist with physical tasks, according to an internal company memo viewed by Reuters on Friday. Facebook parent Meta is entering the competitive field of humanoid robotics, joining rivals …

Meta plans investments into AI-driven humanoid robots, memo shows Read More »

By Roberto Samora SAO PAULO (Reuters) – A powerful Brazilian soy grower lobby is recommending farmers reject the inclusion in soy purchase and sale contracts of the obligation to comply with the European Union anti-deforestation law, according to a statement on Friday. Europe’s landmark legislation will ban the import of beef, soy and other goods …

Brazil soy lobby tells growers to reject EU anti-deforestation rule in contracts Read More »

By Mathieu Rosemain PARIS(Reuters) – Investors in BNP Paribas are starting to consider who might lead the bank once long-time chief executive Jean-Laurent Bonnafe leaves amid a scarcity of obvious internal candidates to succeed him, sources familiar with the matter said. Some of the French lender’s shareholders are urging the bank to bolster succession planning …

Exclusive-BNP investors consider bank’s long-term CEO succession plans, sources say Read More »

By Marc Jones LONDON (Reuters) -The credit ratings of Europe’s NATO members are likely to suffer if they ramp up defence spending in line with U.S. President Donald Trump’s demands although they might drive the region to jointly issue debt, ratings firm S&P Global has said. Despite almost doubling their defence expenditure since Russia annexed …

Trump’s NATO spending demands could hit Europe’s credit ratings, says S&P Global Read More »

(Reuters) -Billionaire Ken Griffin’s hedge fund Citadel has taken a short position in British drugmaker GSK , the Financial Times reported on Friday. Citadel has taken a short position worth 305 million pounds ($384.5 million) in GSK stock, representing a 0.51% stake, according to data from the Financial Conduct Authority, the FT report said. Citadel …

Hedge fund Citadel takes short position in GSK, FT reports Read More »

By Foo Yun Chee BRUSSELS (Reuters) – Nokia is set to secure unconditional EU antitrust clearance for its $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera, people with direct knowledge of the matter said on Friday. Nokia announced the deal in June last year, a move that would make it the …

Exclusive-Nokia to gain unconditional EU nod for $2.3 billion Infinera deal, sources say Read More »

MADRID (Reuters) -A Spanish consortium from the Basque Country, made up of shareholders in steel maker Sidenor, the regional government and local lender Kutxabank, has reached an agreement to buy 29.7% of train maker Talgo, Talgo said on Friday. The price is 4.15 euros per Talgo share, plus 0.85 additional euros to be paid by …

Spanish group from Basque Country agrees to buy 29.7% of Talgo Read More »