By Stefano Rebaudo Dec 16 (Reuters) – Sterling rose against the euro and the dollar on Tuesday after recent losses, as UK data left expectations for a Bank of England rate cut unchanged and traders shifted focus to U.S. figures due later in the session. Britain’s unemployment rate climbed to its highest since early 2021, …
Sterling rises after UK economic data, US figures in focus Read More »
By William Schomberg LONDON, Dec 16 (Reuters) – British businesses appear to be emerging from months of worry about tax increases in finance minister Rachel Reeves’ budget in late November, a closely watched survey of the private sector showed on Tuesday. The S&P Global Purchasing Managers’ Index rose to 52.1 in its preliminary measure for …
UK businesses breathe sigh of relief after Reeves’ budget, PMIs show Read More »
By Philip Blenkinsop STRASBOURG, Dec 16 (Reuters) – Germany and the EU executive have been making a last-ditch attempt to convince Italy to back a free trade agreement with South American bloc Mercosur, which will falter if not signed soon, a leading EU lawmaker said on Tuesday. Some 25 years in the making, a trade …
EU races to win over Italy on Mercosur trade deal, says EU lawmaker Read More »
By Florence Loeve and Tim Hepher PARIS, Dec 16 (Reuters) – The head of Dassault Aviation raised doubts on Tuesday over the future of a troubled Franco-German-Spanish fighter programme, saying it partly depended on whether Germany was willing to rethink its reliance on U.S. arms imports. “Will it happen? I don’t know,” CEO Eric Trappier …
Dassault Aviation CEO unsure if FCAS fighter will go ahead Read More »
Dec 16 (Reuters) – European defence stocks fell on Tuesday after U.S. officials offered on Monday to provide NATO-style security guarantees for Kyiv under a proposed peace deal with Russia, following two days of talks in Berlin. “I think we’re closer now than we have been ever,” U.S. President Donald Trump said, although territorial disputes …
European defence stocks slide amid progress in Ukraine peace talks Read More »
(Corrects paragraph 2 to say revenue growth guidance was for period beyond 2026, not 2026) Dec 16 (Reuters) – British online trading platform IG Group on Tuesday said it expects to deliver revenue growth around the mid-point of its guided range in 2026, supported by robust growth in customer activity and numbers. The company, which …
UK’s IG Group anticipates 2026 revenue growth near mid-point of guided range Read More »
Dec 16 (Reuters) – Shell’s chief of mergers Greg Gut left the oil and gas major after Chief Executive Wael Sawan and other top executives blocked an internal proposal to buy rival BP earlier this year, the Financial Times said on Tuesday. Gut, who worked at Shell and associated entities for over two decades, did …
Shell mergers chief Greg Gut quit after CEO blocked BP bid, FT says Read More »
By Phoebe Seers and Tommy Reggiori Wilkes LONDON, Dec 16 (Reuters) – Britain’s financial regulator is reviewing capital requirements for specialist trading firms such as Citadel Securities, Jane Street and XTX, citing a “real opportunity” to make rules more proportionate and enhance the UK’s competitiveness. Electronic market-makers have flourished in the past decade, using algorithms …
Dec 16 (Reuters) – SThree’s annual fee income in the United States, its second-biggest market, rose for the first time in three years, sending the recruiter’s shares up as much as 9% on Tuesday as it reaffirmed profit forecasts for this year and next. The U.S., which accounts for about a fifth of SThree’s net …
SThree shares jump as US market rebounds, guidance confirmed Read More »
Dec 15 (Reuters) – UBS’ chief operations and technology officer, Mike Dargan, will leave the Swiss bank at the end of the month, the company said on Monday, as it reorganises its executive board to ensure smooth completion of its Credit Suisse integration process. In future, the group technology function will report to incoming COO …
UBS parts with chief tech officer, promises ‘smooth’ integration process Read More »
