Reuters UK Business

By Yamini Kalia and Prerna Bedi (Reuters) -British homebuilder Vistry, hurt by delays to expected year-end transactions and completions, cut its 2024 profit estimate for the third time in three months on Tuesday, sending its shares down 20%. British homebuilders, which have experienced subdued demand for most of this year, are now under pressure from …

UK homebuilder Vistry to end year on a sour note with 3rd profit warning Read More »

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google’s proposed changes to its search results to comply with EU tech legislation has received the thumbs up from lobbying group Airlines for Europe whose members include Air France KLM and Lufthansa. Google has announced a series of changes in search result formats in recent months following …

Google’s proposed search result changes get thumbs up from EU airlines Read More »

PARIS (Reuters) – Eric Lombard, currently at French state bank Caisse des Depots (CDC), has been appointed finance minister in the new French government formed under Francois Bayrou, President Emmanuel Macron’s chief of staff said on Monday. The new finance minister’s leadership will face close scrutiny from markets as France, reeling from months of political …

Banker Eric Lombard named French finance minister in new Bayrou government Read More »

By Jesús Aguado MADRID (Reuters) -BBVA said on Monday that Mexico’s competition authority had given its approval for the Spanish bank to take indirect control of Sabadell’s Mexican businesses. BBVA had already secured clearance from the European Central Bank and authorities in several countries where its smaller Spanish bid target Sabadell has a presence, including …

BBVA gets approval to take over Sabadell’s Mexican businesses Read More »

(Reuters) – Greece and Israel signed an agreement to promote regional energy stability and innovative energy projects in the Eastern Mediterranean and the European Union, the Greek Ministry of Environment and Energy said on Monday. The agreement was signed by Greek Energy Minister Theodoros Skylakakis and his Israeli counterpart Eli Cohen, during the latter’s visit …

Greece, Israel sign energy deal for Eastern Mediterranean Read More »

By Foo Yun Chee BRUSSELS (Reuters) -U.S. chip design software company Synopsys is set to win conditional EU antitrust approval for its $35 billion buy of Ansys, people with direct knowledge of the matter said on Monday. The biggest technology sector deal since Broadcom’s $69 billion purchase of software maker VMware a year ago, it …

Exclusive-Synopsys’ $35 billion Ansys acquisition to be approved in EU, sources say Read More »

By Ankika Biswas (Reuters) -Europe’s STOXX 600 closed slightly higher at the start of a holiday-shortened week, as a spike in Novo Nordisk shares boosted the healthcare sector and capped losses on the main stock index. The pan-European STOXX 600 gauge closed 0.1% higher after clocking its biggest weekly fall in over three months last …

Europe’s STOXX 600 inches up as Novo Nordisk surges at start of Christmas week Read More »

(Reuters) -Britain’s benchmark FTSE 100 kicked off a holiday-shortened week on a higher note on Monday, while investors analysed data that showed the British economy flat-lined in the third quarter of the year. The export-oriented FTSE 100 was up 0.2% after logging its worst week in more than a year on Friday. The domestically focused …

UK’s FTSE 100 starts holiday-shortened week higher Read More »