Reuters UK Business

Norway oil companies raise 2026 investment outlook, survey shows

13 Nov 2025

OSLO (Reuters) -Norwegian oil and gas companies have increased their projected investments for 2026 compared to estimates made three months ago, a quarterly statistics office survey of industry players showed on Thursday. Norway produces about 2% of global oil and became Europe’s largest supplier of natural gas after Russia’s invasion of Ukraine in February 2022. …

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Deutsche Telekom lifts full year profit outlook, dividend

13 Nov 2025

By Marleen Kaesebier and Maria Rugamer (Reuters) -Deutsche Telekom lifted its full year profit outlook and raised its dividend on Thursday as it reported third quarter earnings in line with market expectations. The Germany-based telecoms giant reported third quarter adjusted earnings before interest, taxes and amortization after leases (EBITDA AL) of 11.1 billion euros ($13.0 …

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Merck KGaA’s Q3 profit rises, beats market view

13 Nov 2025

By Ludwig Burger FRANKFURT (Reuters) -Merck KGaA on Thursday reported a slight gain in third-quarter operating earnings that beat market expectations, benefiting from legislative changes in South America and the sale of a priority review voucher from the U.S. drugs regulator. The German maker of pharmaceuticals and specialty materials said third-quarter earnings before interest, taxes, …

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Italy’s Bending Spoons ready for IPO, warns of AI bubble

13 Nov 2025

By Elvira Pollina MILAN (Reuters) -Italian tech company Bending Spoons could list as early as next year, when it expects to double adjusted earnings after buying video streaming platform Vimeo and web portal AOL, its chief executive told Reuters. In a wide-ranging interview, one of Europe’s leading tech investors and operators joined other business leaders …

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Exclusive-GE Vernova, Siemens Energy in talks to supply gas turbines for Syria reconstruction, sources say

13 Nov 2025

By Timour Azhari and Christoph Steitz RIYADH/FRANKFURT (Reuters) -U.S. firm GE Vernova and Germany’s Siemens Energy are in talks to supply gas turbines to a $7 billion project aiming to rebuild Syria’s war-damaged power sector, three people familiar with the matter told Reuters. Syria signed a deal with a subsidiary of Qatar’s Power International Holding …

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UK plans tougher laws to protect public services from cyberattacks

13 Nov 2025

LONDON (Reuters) -Britain plans to strengthen its public services’ defences against cyberattacks, requiring companies that provide services to private and public sector organisations such as the National Health Service to meet strict security standards. In 2024, hackers breached the Ministry of Defence’s payroll system and other recent attacks included one that disrupted over 11,000 NHS …

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Edgewell divests unit behind Stayfree, Playtex to Sweden’s Essity for $340 million

13 Nov 2025

(Reuters) -Edgewell Personal Care has agreed to sell its North American feminine care business, which includes the likes of Stayfree sanitary napkins, to Swedish health and hygiene firm Essity for $340 million, the U.S. consumer products firm said on Wednesday.  The company, whose sunscreen brands include Banana Boat and Hawaiian Tropic, said the divestment would help the …

Edgewell divests unit behind Stayfree, Playtex to Sweden’s Essity for $340 million Read More »

FanDuel owner cuts profit forecast, to launch event contracts next month

12 Nov 2025

DUBLIN (Reuters) -Flutter, the world’s largest online betting company, sharply cut its full-year profit growth forecast on Wednesday, primarily due to another long winning streak by gamblers that increased its payouts. Already number one in the booming U.S. sports betting market through its FanDuel brand, Flutter and its partner CME Group also announced the launch …

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OpenAI fights order to turn over millions of ChatGPT conversations

12 Nov 2025

By Blake Brittain (Reuters) -OpenAI asked a federal judge in New York on Wednesday to reverse an order that required it to turn over 20 million anonymized ChatGPT chat logs amid a copyright infringement lawsuit by the New York Times and other news outlets, saying it would expose users’ private conversations. The artificial intelligence company …

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