Reuters UK Business

By Andrew Gray (Reuters) -European Union governments agreed to use 1.4 billion euros ($1.50 billion) in profits from Russian frozen assets for arms and other aid to Ukraine, prompting Hungary to accuse fellow EU members of a “shameless” rule breach to bypass its objections. EU members had already decided in May to use profits from …

EU backs Russian frozen asset plan to aid Ukraine, sparks Hungarian anger Read More »

By Foo Yun Chee AMSTERDAM (Reuters) -European Union antitrust regulators charged on Monday that Apple breached the bloc’s tech rules, a charge that could result in a hefty fine for the iPhone maker which also faces another investigation into new fees imposed on app developers. The European Commission, which is also the EU’s antitrust and …

Apple charged with breaching EU tech rules, faces another probe Read More »

By Shashwat Chauhan, Jesus Calero and Shristi Achar A (Reuters) – European equities advanced on Monday, led by gains in automobile and financial stocks, while investor attention focused on the first round of French parliamentary elections later this week. The Europe-wide STOXX 600 closed up 0.7%, slightly below a nearly two-week high hit earlier in …

European shares start the week higher on autos, banks Read More »

By David Milliken LONDON (Reuters) -Both Keir Starmer’s Labour Party and Prime Minister Rishi Sunak’s Conservatives are maintaining a “conspiracy of silence” on the scale of budget challenges which will face Britain’s next government, a leading think tank said on Monday. The non-partisan Institute for Fiscal Studies said neither party had made clear how they …

UK parties have ‘conspiracy of silence’ over post-election budget challenges, think tank says Read More »