Reuters UK Business

By Brad Haynes, Max Schwarz and Marta Fiorin DAVOS, Switzerland (Reuters) – As Ukraine’s president discussed peacekeeping forces needed to enforce any ceasefire and U.S. President Donald Trump urged an end to three years of war, Ukrainian officials were courting private investors this week to help rebuild the country. Oleksiy Sobolev, first deputy economy minister, …

Ukraine seeks recovery investment in Davos as Trump urges peace Read More »

By Francois Murphy VIENNA (Reuters) -Austria has arrested Rene Benko, the founder of fallen property group Signa, on suspicion of trying to hide assets from insolvency administrators and creditors, prosecutors said on Thursday. Benko, 47, was arrested at his villa in Innsbruck early on Thursday, Austrian media reported. His lawyer, Norbert Wess, did not reply …

Austria arrests property tycoon Benko, suspected of trying to hide assets Read More »

(Reuters) -British lender Barclays is proposing a revamp of pay packages earned by its CEO and finance director, with higher bonuses on offer for outperformance in exchange for lower fixed pay, according to a Sky News report on Thursday. The lender has written to investors to propose capping CEO CS Venkatakrishnan’s maximum earnings at just …

Barclays proposes higher bonuses, lower fixed pay for CEO, Sky News reports Read More »

By Nikhil Sharma and Pranav Kashyap (Reuters) -European shares closed higher on Thursday, buoyed by President Donald Trump’s address to the World Economic Forum in Davos, while declines in heavyweight technology stocks tempered gains. The pan-European STOXX 600 climbed 0.4% to close at 530.34 points, marking its seventh consecutive day of gains – its longest …

European stocks rise on Trump’s Davos speech; Puma slumps Read More »

(Reuters) – The UK’s FTSE 100 rose on Thursday, ending just short of a fresh record high as investors sought clarity on U.S. President Donald Trump’s trade policies, while shares in trading companies CMC Markets and IG Group tumbled after results. The blue-chip index gained 0.2% to 8,565 points, having touched an all-time high of …

FTSE 100 rises to near record levels; CMC Markets tumbles Read More »

By Helen Reid (Reuters) -Puma lost more than a fifth of its market value on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a drop in annual profit, raising questions about its ability to compete with bigger rivals Adidas and Nike. The poor results late on Wednesday came after Adidas …

Puma shares plunge 23% as weak profit shakes confidence Read More »

By Marta Fiorin and Cecile Mantovani DAVOS, Switzerland (Reuters) – The European Union is open to discussing purchases of energy and arms from the United States to ward off tariffs that President Donald Trump has threatened to impose on the bloc, EU’s top economy official said on Thursday. Trump has vowed to address a long-running …

EU open to US energy, arm sales talks to stave off tariffs Read More »