Reuters UK Business

By Matthias Inverardi DUESSELDORF (Reuters) -Germany’s network regulator confirmed its guidelines for the pricing of postage stamps on Monday, refusing to go beyond its proposed ranges despite protest by the national operator Deutsche Post, owned by logistics group DHL. DHL has criticised the regulator, which first proposed the pricing guidelines in September, for not giving …

German regulator sets stamp price guidelines, shrugging off DHL protest Read More »

ZURICH (Reuters) -Swiss stock exchange operator SIX Group said on Monday it had agreed to buy Aquis Exchange Plc in a cash offer that values the business at 207 million pounds ($266.91 million), sending the London-based company’s shares soaring. Under SIX’s offer, each Aquis shareholder will be entitled to receive 727 pence per share in …

Swiss market operator SIX to acquire UK’s Aquis Read More »

By Louis van Boxel-Woolf and Chiara Holzhaeuser (Reuters) – German automotive and industrial supplier Continental cut its annual sales guidance for the second time this year on Monday, citing weak industrial demand in Europe and North America, but it beat third quarter profit expectations. Continental’s shares were up 5.6% at 0857 GMT after third quarter …

Auto supplier Continental cuts sales guidance, but shares rise on profit beat Read More »

MADRID (Reuters) -Spain’s Melia Hotels reported a 40% rise in third-quarter net profit on Monday, attributing the bigger than expected increase to a strong summer season as it reaped the benefits of its investments in luxury rooms in holiday resorts. The country’s largest hotel chain said net profit for the three months totalled 74.9 million …

Spain’s Melia Hotels net profit jumps 40% after strong summer Read More »

By Suban Abdulla LONDON (Reuters) – British public-sector employers now expect to raise pay faster than their private-sector counterparts for the first time since late 2020, after the new Labour government approved big public-sector pay rises funded in part by higher employer taxes. The Chartered Institute of Personnel and Development said 2,000 employers surveyed from …

UK public-sector pay rises to overtake private ones, employers say Read More »