Reuters UK Business Archives - Page 146 of 3179

RedBird’s bid for UK’s Telegraph collapses after newsroom opposition

14 Nov 2025 14 Nov 2025

By Sam Tabahriti LONDON (Reuters) -U.S.-based private investment firm RedBird Capital Partners on Friday pulled out of a 500-million-pound ($671-million) bid for Britain’s Telegraph Media Group, the latest twist in a two-and-a-half year saga at one of Britain’s biggest newspapers. A source close to RedBird told Reuters that sustained internal opposition from senior figures within …

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Iberia eyes 25% more Brazil capacity in 2026, boosted by Airbus jets

14 Nov 2025 14 Nov 2025

By Gabriel Araujo SAO PAULO (Reuters) -Spanish airline Iberia aims to expand substantially in Brazil for the second year in a row in 2026, an executive said, as new Airbus jets help the IAG carrier open more routes in Latin America’s largest country. The company forecasts 25% growth in seats available on its flights between …

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British government bonds, stocks and sterling tumble as budget rumours swirl

14 Nov 2025 14 Nov 2025

By Alun John and Dhara Ranasinghe LONDON (Reuters) -British markets were whipped around on Friday, with sterling, government bonds and stocks suffering steep losses as speculation swirled around the UK government’s highly-anticipated November 26 budget. Finance minister Rachel Reeves has no plans to raise income tax rates in the budget, a government source said on …

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Russia’s Lukoil in talks with potential buyers of its foreign assets

14 Nov 2025 14 Nov 2025

MOSCOW (Reuters) -Russia’s second-largest oil producer Lukoil said on Friday it has been in talks with potential buyers of its foreign assets following last-month sanctions from the UK and the United States and as a deal with Gunvor trading house collapsed. “The specific deal will be announced after the final agreements have been reached and …

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Swiss Re warns of 2025 profit miss for life and health division

14 Nov 2025 14 Nov 2025

By Tom Sims FRANKFURT (Reuters) -Reinsurance company Swiss Re said on Friday that it wouldn’t hit its full-year profit target in its life and health division after higher-than-expected claims. The reinsurer, among the world’s largest, said that smaller health portfolios in Australia and elsewhere were underperforming its expectations. Shares were down 4% in early trade …

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Bank of England weighs easing life insurer access to capital markets

14 Nov 2025 14 Nov 2025

LONDON (Reuters) -The Bank of England said on Friday it would consider changing rules to make it easier for life insurers to access capital markets, after industry players voiced concerns about it becoming harder to raise funds in equity and debt markets. The Prudential Regulation Authority, which sits within the BoE, said it was examining …

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Volkswagen to present investment plans in new year

14 Nov 2025 14 Nov 2025

BERLIN (Reuters) -Volkswagen plans to give details on its spending plans next year, the German automaker said on Friday, declining to comment on a media report that the supervisory board had postponed signing off on the plans due to doubts. Following a supervisory board meeting, a spokesperson said management had informed the board about the …

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Swiss government: US tariffs will be reduced to 15%

14 Nov 2025 14 Nov 2025

Zurich (Reuters) -The Swiss government said on Friday that U.S. tariffs on its exports will be reduced to 15% from 39% and thanked President Donald Trump for a constructive engagement. “Switzerland and the U.S. have successfully found a solution: U.S. tariffs will be reduced to 15%,” the Swiss government said in a post on X. …

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ECB’s Elderson backs easier rules for small banks, fewer requirements

14 Nov 2025 14 Nov 2025

FRANKFURT (Reuters) -European Central Bank supervisor Frank Elderson on Friday backed simplifying rules for smaller lenders and capital requirements for the sector as a whole. The ECB is drafting proposals to whittle down regulation in the European Union, responding to banks’ complaints that they are at a disadvantage to their U.S. peers, also due to …

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Jaguar Land Rover’s UK production returns to normal after weeks-long cyber shutdown

14 Nov 2025 14 Nov 2025

LONDON (Reuters) -Jaguar Land Rover said on Friday its manufacturing operations had returned to normal after a cyberattack forced a six-week halt at its UK plants, disrupting supply chains and costing the carmaker hundreds of millions of pounds. The British luxury carmaker, owned by India’s Tata Motors, resumed production in October after a phased restart, …

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