Reuters UK Business

By Giulia Segreti ROME (Reuters) -Italy’s Leonardo will invest in digitalisation, artificial intelligence and interconnected platforms over the next five years as it focuses on security activities, the defence group said on Tuesday. “The world geopolitical scenario calls for a new global security paradigm, where we aim to play a proactive role in the evolution …

Leonardo to boost cybersecurity, space and AI in 5-year plan Read More »

LONDON (Reuters) – The UK arm of German discount supermarket Aldi said on Tuesday it would increase hourly pay for store assistants and deputy store managers outside London to 12.40 pounds ($15.86) from 12.00 pounds, starting June 1. Workers in London will see their pay rise from 13.55 pounds to 13.65 pounds, Aldi said. This …

Aldi UK raises pay for store assistants and deputy managers Read More »

(Reuters) -Britain’s Domino’s Pizza Group expects lower orders and sales growth in the first quarter as it holds back on marketing spend to support the launch of a loyalty programme and other initiatives later in the year. Its shares fell nearly 7% in early trade after it pointed to a slow start to the year. …

Domino’s Pizza Group expects orders to fall in Q1 Read More »

LONDON (Reuters) – Workers at two Amazon locations in central England will take strike action later this month, the GMB trade union said on Tuesday as workers at the two centres seek formal union recognition from the U.S. retail giant. Amazon workers at a Coventry warehouse will strike from March 19-20 and those at a …

Amazon workers in England to take fresh strike action Read More »

By Aby Jose Koilparambil (Reuters) -British homebuilder Persimmon warned on Tuesday of subdued market conditions through 2024 despite a relatively good start, after reporting a 52% slump in annual profit that missed market expectations. Shares in the FTSE 100 firm slipped more than 3% to 1,328 pence in early trading, the biggest decliner on the …

UK homebuilder Persimmon warns of subdued market after profit miss Read More »

BERLIN (Reuters) -Germany’s national rail operator, Deutsche Bahn, on Monday lost a lawsuit against train drivers’ union GDL that aimed to stop another round of planned strikes in cargo and passenger transport from going ahead. The GDL announced on Sunday its sixth round of strikes in a long-running dispute over working hours and pay. A …

Deutsche Bahn loses lawsuit to halt German rail strike Read More »

(Reuters) -Rupert Murdoch’s News Corp and the owner of the Daily Mail have held talks about a potential joint takeover of the Telegraph alongside the UAE-backed investment fund RedBird IMI, Bloomberg News reported on Monday, citing people familiar with the matter. A joint bid by the three would result in a smaller stake for Redbird …

Murdoch’s News Corp eyes joint Telegraph bid with rivals, Bloomberg News reports Read More »

BRUSSELS (Reuters) – European Union finance ministers on Monday set out priorities for creating a Capital Markets Union over the next five years to attract private capital to Europe and help fund the costly transition to a “green” and digital economy. The priorities list key areas of work for the next European Parliament and executive …

Factbox-EU finance ministers set Capital Markets Union priorities until 2029 Read More »