Reuters UK Business

(Reuters) – Private equity giant Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund which owns the music rights of artists including Shakira and Blondie, Sky News reported on Sunday. Blackstone’s bid will trump independent music company Concord’s proposal of $1.25 per share, the British broadcaster’s report said, adding that Blackstone will …

Blackstone to make improved bid for Hipgnosis, Sky News reports Read More »

ROME (Reuters) -Germany’s Lufthansa and Italian rival ITA will offer to cede 11 pairs of slots a day at Milan’s Linate airport in order to secure the EU’s green light for their proposed tie-up, Italian newspaper Corriere della Sera reported on Sunday. The German carrier is looking to acquire a 41% stake in state-owned ITA …

Lufthansa, ITA to give up 11 slots in Milan to get EU go ahead for tie-up – newspaper Read More »

LONDON (Reuters) – Britain’s opposition Labour Party has committed to keeping for at least five years the so-called triple lock that guarantees rises to state pensions, if it wins the election, underscoring the importance of pensioners to the outcome of the vote. Labour have held an around 20-point lead in opinion polls over Prime Minister …

UK’s opposition Labour Party commits to triple-lock pension policy Read More »

(Reuters) -BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected by the London-listed miner, a source familiar with the matter told Reuters. BHP is in discussions on a revised bid for Anglo American to be made in coming weeks, the source said. The deliberations are …

BHP considering improved proposal for Anglo American after bid rejected, source says Read More »

By Sinead Cruise and Tommy Wilkes LONDON (Reuters) – Britain’s plans to sell shares in NatWest bank to the public this summer will be a test of a long-awaited upswing in the UK stock market that saw the FTSE-100 hit a record high this week – months after similar milestones for benchmark indexes elsewhere. Finance …

Britain’s NatWest share sale to test UK equity market upswing Read More »

By Nathan Gomes and Ben Klayman (Reuters) -Daimler Truck agreed to a new labor contract on Friday with over 7,300 hourly workers represented by the United Auto Workers (UAW) at six facilities in the U.S. South, averting a strike at the 11th hour. “For months, we said that record profits should mean a record contract …

Daimler Truck reaches deal with United Auto Workers, averts U.S. strike Read More »

(Reuters) -Apple Inc has renewed discussions with OpenAI about using the startup’s generative AI technology to power some new features being introduced in the iPhone later this year, Bloomberg News reported on Friday. The companies have begun discussing terms of a potential agreement and how OpenAI features would be integrated into Apple’s next iPhone operating …

Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports Read More »