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Financial services firm JTC agrees to $3 billion buyout proposal from Permira

(Reuters) -London-listed financial services firm JTC said on Monday that it has accepted a fourth revised buyout proposal from British private equity firm Permira, valuing the company at 2.3 billion pounds ($3.09 billion). Under the deal, JTC shareholders will receive 1,340 pence per share in cash, a nearly 50% premium to the stock’s closing price …

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Financial services firm JTC agrees to $3 billion buyout proposal from Permira

(Reuters) -London-listed financial services firm JTC Plc said on Monday that it has accepted a fourth revised buyout proposal from British private equity firm Permira, valuing the company at 2.3 billion pounds ($3.09 billion). ($1 = 0.7451 pounds) (Reporting by Yamini Kalia and Prerna Bedi in Bengaluru; Editing by Sherry Jacob-Phillips)

European business braces for greater impact from US tariffs in 2026

BRUSSELS(Reuters) -European business sees a far greater impact in 2026 from U.S. tariffs and other trade tensions than in 2025, when front-loading mitigated the consequences, a survey by BusinessEurope showed on Monday. The survey found that trade tensions were likely to pull 2025 gross domestic product down by 0.03 percentage points for the euro zone, …

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UK firms plan 3% pay rises in coming year, see AI hit to jobs, survey shows

By Suban Abdulla LONDON (Reuters) -British employers expect to raise wages by 3% in the next 12 months, but some recruiters expect artificial intelligence to shrink their workforce, according to a survey that showed firms were worried about the impact of government tax plans on hiring. The Chartered Institute of Personnel and Development, a professional …

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Rumble advances all-share bid for Germany’s Northern Data, Bloomberg News reports

(Reuters) -Video platform Rumble is pushing ahead with an all-share offer to buy Germany’s Northern Data, Bloomberg News reported on Sunday. The companies could announce the agreement in the coming days, the report said, citing people familiar with the matter, adding Northern Data shareholders will receive a lower stake than under initially proposed terms. Rumble …

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Germany to buy 20 more Airbus helicopters for 1 billion euros, paper shows

By Markus Wacket BERLIN (Reuters) -Germany will spend almost 1 billion euros ($1.2 billion) on a further 20 military helicopters from Airbus, due to be delivered over two years from 2027, a government document showed. The funding commitment, first reported by Bloomberg, is contained in a finance ministry paper to be presented to parliament, seen by …

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Swiss business leaders’ trip helped thaw in US trade relations, Blick reports

ZURICH (Reuters) -Switzerland could be close to winning a respite from the 39% tariffs imposed by the United States on imports of its goods, newspaper Blick reported on Sunday, after a visit by business leaders to U.S. President Donald Trump helped thaw relations. A letter of intent to break the trade impasse is expected in …

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Some Nexperia chip shipments resume as Germany welcomes ‘de-escalation’

(Corrects paragraph 10 of November 7 story to show that Volkswagen’s China chief said the industry as a whole, not VW specifically, had received its first consignments of chips) By Rachel More, Christina Amann and Daniel Leussink BERLIN/TOKYO (Reuters) -Semiconductor maker Nexperia has resumed some shipments of its vital chips, auto executives said on Friday, …

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Hungary’s waiver from US sanctions on Russia energy is indefinite, minister says

BUDAPEST (Reuters) -Hungary said on Saturday it had obtained an indefinite waiver from U.S. sanctions to use Russian oil and gas, but a White House official reaffirmed that the exemption was for one year only. Last month, U.S. President Donald Trump imposed Ukraine-related sanctions on Russian oil companies Lukoil and Rosneft that carried a threat …

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Germany set to approve $3.5 billion defence package with Airbus and others, Bloomberg News reports

(Reuters) -Germany is set to approve defence equipment purchases worth more than $3.47 billion, including 20 light combat helicopters from Airbus SE, Bloomberg News reported on Saturday, citing a government document. The report said lawmakers were expected to approve a major defence spending package during a closed-door meeting on Wednesday, which also includes a roughly …

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