Reuters UK Business Archives - Page 186 of 3179

HelloFresh says it strongly disagrees with Grizzly Research take on business prospects

6 Nov 2025 6 Nov 2025

(Reuters) -HelloFresh said on Thursday it strongly disagreed with the interpretation by a Grizzly Research report on its current status of governance and business prospects, after the short seller said it had taken a short position on the meal-kit maker’s stock. Comments by Grizzly Research on its CEO Dominik Richter were “largely inaccurate” and “grossly …

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Telecom Italia CEO welcomes potential consolidation moves by rivals

6 Nov 2025 6 Nov 2025

By Elvira Pollina and Philippe LeroyBeaulieu MILAN (Reuters) -Telecom Italia (TIM) would be pleased to see consolidation in the country’s telecoms sector, even if competitors make the first move, the head of Italy’s former phone monopoly said on Thursday. “We welcome any kind of market consolidation that will make the market more balanced and rational,” …

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Brembo lowers 2025 revenue target, but sticks with margin goal

6 Nov 2025 6 Nov 2025

(Reuters) -Italian premium brake maker Brembo said on Thursday its 2025 revenue was expected to fall 2%, after previously guiding for it to be in line with last year’s, citing the unstable geopolitical and macroeconomic environment. However, it confirmed its core profit margin target of more than 16%, after the corresponding third-quarter number reached 17.8%. The …

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Instant view: Bank of England keeps rates on hold in knife-edge vote

6 Nov 2025 6 Nov 2025

LONDON (Reuters) -The Bank of England kept rates unchanged on Thursday in a tight decision following recent signs that inflation is slowing, which brought the pound below the highs of the day, while boosting UK government bond prices. The pound was last up 0.2% on the day at $1.30799, from around $1.30925 prior to the …

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Helios Towers beats Q3 forecast, unveils $400 million shareholder returns plan

6 Nov 2025 6 Nov 2025

By Leo Marchandon (Reuters) -Telecom towers operator Helios Towers on Thursday reported stronger-than-expected third‑quarter results and launched a $75 million share buyback as part of a new five‑year plan targeting more than $400 million in returns to investors. Adjusted earnings before interest, taxes, depreciation and amortisation rose 5% year-on-year to $120.1 million, exceeding the $117.8 million …

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Air France-KLM confirms 2025 outlook despite rising costs

6 Nov 2025 6 Nov 2025

By Joanna Plucinska LONDON (Reuters) -Air France-KLM reported third-quarter earnings largely in line with expectations and confirmed its 2025 outlook on Thursday, despite some expense increases and costly challenges for its Dutch subsidiary KLM. The third quarter is usually the strongest period for European airlines as it covers the lucrative and busy summer travel season. …

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BoE Governor Bailey sees gradual downward path for rates

6 Nov 2025 6 Nov 2025

LONDON (Reuters) -Bank of England Governor Andrew Bailey said Bank Rate was likely to continue to be on a “gradual downward path” after a 5-4 vote kept the central bank’s benchmark rate at 4.0% on Thursday. “We are likely to continue to be on a gradual downward path for Bank Rate,” Bailey told a press …

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Slovak refiner Slovnaft says Croatia’s Janaf cuts supply of non-Russian crude

6 Nov 2025 6 Nov 2025

(Corrects October 28 story to clarify in paragraph 3 that exemption expired) (Reuters) -Slovak refiner Slovnaft said on Tuesday that Croatian pipeline operator JANAF had reduced deliveries of non-Russian crude to it for technical reasons, hitting its efforts to refine fuel from other sources. Janaf responded denying Slovnaft’s assertion that it was in breach of …

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HSBC softens near-term emissions targets for polluting sectors

6 Nov 2025 6 Nov 2025

By Lawrence White and Simon Jessop LONDON/SAO PAULO (Reuters) -HSBC on Thursday issued a set of new, softer near-term climate targets for sectors such as oil and gas in response to the slow pace of change in the real economy. The end-decade targets follow a review announced earlier this year as the British bank dropped …

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Bank of England policymakers’ views on close November rates decision

6 Nov 2025 6 Nov 2025

LONDON (Reuters) -The Bank of England, which kept interest rates on hold on Thursday in a tight vote, for the first time set out the views of the individual members of its Monetary Policy Committee. The MPC voted 5-4 to keep borrowing costs at 4%. Deputy governors Sarah Breeden and Dave Ramsden, external MPC …

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