Reuters UK Business

By Aishwarya Jain and Doyinsola Oladipo (Reuters) -Airbnb posted higher quarterly revenue on Thursday as international travel demand remained strong, although it forecast slower growth for the first quarter due to tough year-over-year comparisons and a stronger dollar. The vacation home rentals company said it was benefiting from continued growth in Latin America and sustained …

Airbnb tempers first-quarter forecast on FX headwinds, Easter timing Read More »

(Reuters) – President Donald Trump on Thursday said he planned to impose tariffs on Canada and France over their digital services taxes on U.S. technology giants, which has been a long-standing irritant. Canada, seeking to address the challenge of taxing digital giants like Google parent Alphabet and Amazon.com that can book their profits in low-tax …

Trump plans tariffs on Canada, France over digital services taxes Read More »

LONDON (Reuters) – S&P Global completed the list of top credit rating agencies to warn that an “unprecedented” U.S. withdrawal from the World Bank and other top multilateral lenders would damage their prized triple-A credit ratings. President Donald Trump signed an Executive Order last week for a six-month review of U.S. support to all international …

S&P Global warns of “unprecedented” U.S. World Bank withdrawal risk Read More »

(Reuters) – Banco Santander’s UK business remains a core part of the Spanish lender’s globally diversified business model and the division is not for sale, a company spokesperson said on Thursday. The Financial Times earlier on Thursday reported that Santander had discussions with NatWest for a potential sale of the Spanish lender’s UK retail business, …

Santander says UK business is not for sale Read More »

By Lucy Raitano LONDON (Reuters) – Europe could see a record level of new data centres this year, according to research released on Thursday by CBRE Group, as companies expand their artificial intelligence and cloud computing activities. Demand for data centre capacity has skyrocketed in recent years, along with the energy needed to power them, …

Europe set to see record data centre capacity roll-out in 2025, CBRE says Read More »

ZURICH (Reuters) – Siemens’ board lost its attempt on Thursday to allow the company to continue to hold virtual AGMs in future without the physical presence of investors. Some 71% of shareholders approved the change to the company’s rules, which would allow virtual AGMs to be held for the next two years, missing the 75% …

Siemens shareholders reject proposal to allow virtual AGMs Read More »

By Johann M Cherian and Nikhil Sharma (Reuters) – European shares closed at a record high on Thursday, as investors cheered upbeat earnings from German industrial giant Siemens, while sentiment was also buoyed by signs that Russia’s nearly three-year-long conflict with Ukraine could end soon. The pan-European STOXX 600 index was up 1%, while mid-cap …

Europe’s STOXX 600 closes at record high on upbeat earnings; Ukraine peace talks in focus Read More »