Reuters UK Business

(Reuters) -Britain’s competition regulator cleared Carlsberg’s deal with soft drinks maker Britvic on Tuesday, saying it would not refer the $4.23 billion transaction for an in-depth probe. Carlsberg struck a deal to acquire the British soft drinks maker in July, aiming to establish a UK beverage “powerhouse”. The deal, which is expected to close on …

UK competition watchdog clears Carlsberg’s $4.23 billion acquisition of Britvic Read More »

By Sam Tobin and Kirstin Ridley LONDON (Reuters) -Barclays lost its bid to overturn a ruling on British motor finance commissions on Tuesday, in a High Court decision that weighed on bank shares as investors fretted about a potential multibillion pound consumer redress plan. The case comes as the Financial Conduct Authority (FCA) considers an …

Barclays loses UK motor finance challenge as redress looms Read More »

FRANKFURT (Reuters) -The European Central Bank imposed additional capital charges on 13 euro zone banks this year, judging that they might be taking on more risk than they can absorb. This “add-on” to the banks’ leverage ratio requirement, which measures a bank’s core capital as a percentage of its total assets, was applied to more …

ECB imposes extra capital charge on 13 banks over leverage risk Read More »

BERLIN (Reuters) -Germans are preparing to go to the polls on Feb. 23 after Chancellor Olaf Scholz lost a confidence vote, and their emphasis will be on the parties’ proposed solutions for the stuttering economy. The election catches Germany at a testing time, with the economy set to shrink for a second straight year, industrial …

QUOTES-Economists on German parties’ election programmes Read More »

LONDON (Reuters) – Investor allocations to U.S. equities has hit a record high this month, at the expense of European stocks, commodities and cash, according to a December survey from BofA Global Research. This shift, according to a survey of 171 participants with $420 billion of assets under management, is on the back of U.S. …

Investor allocations to US equities at record high, to cash at record low, BofA says Read More »

By Christoph Steitz FRANKFURT (Reuters) -Thyssenkrupp Nucera, which makes electrolysers needed to produce low-carbon hydrogen, could quickly shift resources elsewhere if U.S. policies under President-elect Donald Trump proved negative for the sector, it said on Tuesday. Clean-tech players have been concerned over what a Trump presidency might mean for the industry, fearing substantial cuts to …

Thyssenkrupp Nucera prepared for any US shift on green hydrogen Read More »