Reuters UK Business

By Sergio Goncalves LISBON (Reuters) – Provisional indicators point to Portugal’s economic growth having accelerated in the fourth quarter, giving the government greater confidence that this year’s expansion will be stronger than in 2024, the finance minister said on Wednesday. Joaquim Miranda Sarmento cited the Bank of Portugal’s daily composite indicator of activity, as well …

Portugal’s growth likely accelerating, finance minister says Read More »

PARIS (Reuters) – Any moves to pursue financial deregulation by the incoming U.S. administration would increase the risk of a financial crisis occurring one day, France’s central bank governor warned on Wednesday. U.S. President-elect Donald Trump’s return to office has raised the prospect of radical changes to the U.S. regulatory framework built up over decades …

US financial deregulation would raise crisis risks, French central bank chief says Read More »

By James Davey LONDON (Reuters) – British electricals retailer Currys will speed up automation and move more business processes to cheaper locations abroad to reduce the impact of rising costs, its boss said on Wednesday. Currys, which sells products such as laptop computers, mobile phones, TVs, washing machines and tumble driers, is facing 32 million …

UK’s Currys targets more automation and offshoring to mitigate cost hikes Read More »

FRANKFURT (Reuters) – Euro zone industrial production rose as expected in November but not enough to erase earlier losses and new data were unlikely to signal any major turnaround for a sector in its second year of recession, data from Eurostat showed on Wednesday. Industrial output in the 20 nations sharing the euro rose by …

Euro zone’s depressed industry records small rebound in November Read More »