Reuters UK Business

By Luciana Magalhaes and Gabriel Araujo SAO PAULO (Reuters) – A planned merger between Brazilian airlines Gol and Azul would strengthen the sector and prevent either company from failing, Brazil’s ports and airports minister told Reuters, giving the potential move a key government nod. Azul and Abra, the majority investor of Gol and Colombia’s Avianca, …

Brazil government supports Gol-Azul merger to strengthen airline sector Read More »

MELBOURNE/LONDON (Reuters) – President Donald Trump’s threat to impose tariffs on U.S. copper and aluminium imports will result in higher costs for local consumers because of a shortfall in domestic production, analysts and industry participants said on Tuesday. In a speech on Monday, Trump said he would impose tariffs on aluminium and copper – metals …

US buyers face higher costs if Trump pursues copper, aluminium tariffs Read More »

By Francesca Landini MILAN (Reuters) -Italy’s gas grid operator Snam will sell its minority stake indirectly held in ADNOC Gas Pipelines to Abu Dhabi-based investment fund Lunate, Snam said on Tuesday. The deal is in line with the Italian group’s long-term strategy to strengthen its role in Europe and reduce exposure to assets not located …

Snam to sell stake in ADNOC gas pipelines to Abu Dhabi’s Lunate Read More »

(Reuters) -Swedish industrial group Atlas Copco on Tuesday reported a fourth-quarter operating profit above market expectations and said it saw no changes to customer activity in the short term. The maker of air treatment systems, construction gear and power tools had said it expected the near-term customer activity to weaken somewhat when it reported Q3 …

Atlas Copco sees stable near-term customer activity after Q4 profit beat Read More »

By Nathan Vifflin and Toby Sterling AMSTERDAM (Reuters) -Investors will seek reassurance that ASML’s AI-dependent growth outlook for 2025 is secure despite a selloff sparked by China’s DeepSeek, as the biggest supplier of equipment used to make computer chips ASML reports earnings on Wednesday. Uncertainty over whether U.S. President Donald Trump may further restrict exports …

ASML to report Q4 earnings amid hopes and fears over DeepSeek, Trump Read More »

By Gianluca Semeraro MILAN (Reuters) -Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena, saying a tie-up would be detrimental to its shareholders because it lacked any strategic and financial rationale. Monte dei Paschi’s (MPS) bid is the latest in a series of Italian banking tussles that …

Mediobanca rejects Monte dei Paschi bid as lacking rationale Read More »

By Paul Sandle LONDON (Reuters) -The cloud computing market is not working effectively and Britain’s antitrust watchdog should use new powers to investigate market leaders Amazon and Microsoft, with a focus on the latter’s licensing practices, the watchdog’s inquiry group said. Britain’s Competition and Markets Authority (CMA) has been investigating a market dominated by Amazon’s …

UK says cloud computing market not working effectively Read More »

By Mateusz Rabiega and Tommy Reggiori Wilkes LONDON (Reuters) -Dutch bank ING Groep said on Tuesday it had reached an agreement to sell its business in Russia to local company Global Development JSC, taking a 700-million-euro ($730 million) hit to its profits and showing that Western banks still have a route to exit the country. …

Dutch bank ING to exit Russia after striking deal with Moscow investor Read More »

By America Hernandez PARIS -French oil major TotalEnergies has signed a 15-year deal with STMicroelectronics to supply 1.5 terawatt hours (TWh) of renewable electricity to power the semiconductor company’s operations in France, the companies said on Tuesday. The electricity, which began flowing this month, comes from two wind and solar farms that Total brought online …

TotalEnergies signs 15-year French renewable power deal with STMicroelectronics Read More »