Reuters UK Business

RWE shares soar near 15-year high after data centre sale boosts AI hopes

12 Nov 2025

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -RWE, Germany’s top power producer, reported higher-than-expected profit for the first nine months of the year, boosted by a 225 million euro ($262 million) book gain that fuelled hopes for more such deals on the back of a global AI spending push. Shares in RWE, which is …

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Bayer expects more hits to 2025 earnings from lawsuits, buyouts

12 Nov 2025

By Ludwig Burger FRANKFURT (Reuters) -Germany’s Bayer said on Wednesday it expected higher one-off costs this year from litigation provisions, after recent setbacks in product liability cases, and for buying out executives in its ongoing restructuring programme. The maker of drugs, seeds and crop chemicals said it now expects special items to reduce earnings before …

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Alpine skiing-Frozen in Time: Levi’s farmed snow sets stage for Shiffrin

12 Nov 2025

By Martyn Herman (Reuters) -When American great Mikaela Shiffrin attempts to add another reindeer to her herd by winning Saturday’s opening World Cup slalom race in Finland, she will do so on recycled snow. The Finnish resort of Levi, high inside the Arctic Circle, has been hosting World Cup races since 2004 and goes to …

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ProSiebenSat.1 Media cuts upper end of annual profit guidance

12 Nov 2025

(Reuters) -German media group ProSiebenSat.1 cut the upper end of its annual profit guidance on Wednesday, as it reported a fall in adjusted core profit for the third quarter on weak TV advertising sales. The group said it now expected adjusted earnings before interest, tax, depreciation and amortization (EBITDA) to be between 420 million euros …

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Viola Credit plans $347 million debt fund for European tech firms

12 Nov 2025

By Niket Nishant (Reuters) -Alternative credit manager Viola Credit said on Wednesday it is planning to raise up to 300 million euros ($347.3 million) for a debt fund focused on European technology companies, which are looking for capital beyond equity funding. The fund has drawn commitments from British Business Bank and European Investment Fund, and …

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Mayhoola’s Balmain names Antonin Tron creative director

12 Nov 2025

PARIS (Reuters) -French fashion house Balmain on Wednesday announced it has named Antonin Tron creative director, filling a position held for over a decade by Olivier Rousteing. The move comes as high-end fashion labels across the sector including Chanel, LVMH-owned Dior and Kering’s Gucci, have embarked on a creative overhaul, recruiting new designers to reignite …

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Italy’s Generali names deputy CEO as succession talk swirls

12 Nov 2025

(Fixes last paragraph, adding missing words) By Gianluca Semeraro MILAN (Reuters) -Generali said on Wednesday it had appointed the head of its insurance business Giulio Terzariol as group deputy chief executive, weeks after investors critical of CEO Philippe Donnet boosted their influence at Italy’s biggest insurance company. Terzariol’s appointment is Donnet’s attempt to provide an …

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