Reuters UK Business Archives - Page 211 of 3179

Pilots union gives Lufthansa time to resolve pensions dispute, averting possible strike

2 Nov 2025 2 Nov 2025

FRANKFURT (Reuters) -Germany’s pilots union VC is giving Lufthansa more time to resolve a pensions dispute, averting a possible strike at the airline for now, according to a union letter to its members obtained by Reuters on Saturday. The employer will again be requested, with a set deadline, to submit an offer in the talks …

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Netherlands, Nexperia decline to comment on reports Nexperia will resume shipments

1 Nov 2025 1 Nov 2025

AMSTERDAM (Reuters) -The Dutch government and Nexperia on Saturday declined to comment on media reports that the White House plans to announce a resumption of shipments from Dutch chipmaker Nexperia’s Chinese facilities. Reuters cited a source familiar with the matter on Friday as saying the White House would make such an announcement, which would be …

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Italian police seize $1.5 billion from Campari holding firm in tax probe

1 Nov 2025 1 Nov 2025

By Emilio Parodi MILAN (Reuters) -Italian tax police said on Friday they had seized shares worth 1.29 billion euros ($1.5 billion) from a Luxembourg-based holding company that controls Italian drinks group Campari, over alleged tax evasion. The holding company, Lagfin SCA, denied any wrongdoing and said in a statement that it would defend its position …

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Russia’s January-October LNG exports down 3.4%, jump 21% in October, data show

1 Nov 2025 1 Nov 2025

(Reuters) -Russia’s exports of liquefied natural gas in January-October fell by 3.4% from a year earlier to 25.2 million metric tons (mmt), while jumping 21% to record levels in October amid the launch of supplies from Arctic LNG 2, LSEG data showed on Saturday. LNG exports from Russia have been restrained by U.S. sanctions over …

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Russian manufacturing sector contracts further in October, PMI shows

1 Nov 2025 1 Nov 2025

MOSCOW (Reuters) -Russia’s manufacturing sector experienced a sharper contraction in October, with new orders declining at the fastest rate in three months, a survey by S&P Global showed on Saturday. The Purchasing Managers’ Index (PMI) for the sector fell to 48.0 in October from 48.2 in September, marking the steepest decline since July. Any reading …

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France new car registrations up 2.94% in October, industry body says

1 Nov 2025 1 Nov 2025

(Reuters) -New car registrations in France rose 2.94% in October from a year earlier to 139,513 vehicles, data from French car body PFA showed on Saturday. Tesla sales in the country climbed 2.35% to 1,782 vehicles last month. Since the start of the year, Tesla’s sales have slumped by 29.76%, while the overall French market …

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Coinbase holds edge in US crypto race even as rivals’ public listings reshape landscape

1 Nov 2025 1 Nov 2025

By Manya Saini (Reuters) -Coinbase’s first-mover advantage as the only publicly traded crypto exchange helped it top earnings estimates again, but competition is looming from clearer rules and newly listed companies, Wall Street analysts said on Friday. The global crypto market has swelled to $3.7 trillion as institutional and retail investors pour money into digital …

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The great AI buildout shows no sign of slowing

31 Oct 2025 1 Nov 2025

By Akash Sriram (Reuters) -A momentous week in the technology sector made it clear there is no sign the boom in building artificial intelligence infrastructure is slowing — despite the bubble talk. Nvidia, whose processors are the AI revolution’s backbone, became the first company to surpass $5 trillion in market value. Microsoft and OpenAI inked …

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UK finance minister Reeves plans tax raid on owners of expensive homes, FT reports

31 Oct 2025 31 Oct 2025

(Reuters) -British finance minister Rachel Reeves is planning a budget tax raid on the owners of expensive homes, with new, higher bands of council tax seen as the best way to raise several billion pounds for the cash-strapped exchequer, the Financial Times reported on Friday. Reuters could not immediately verify the report. (Reporting by Mrinmay …

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Pfizer sues Metsera, Novo Nordisk over breach of merger deal

31 Oct 2025 31 Oct 2025

(Reuters) -Pfizer on Friday filed a lawsuit against Metsera and Novo Nordisk, accusing them of breaking a merger agreement and interfering with the deal. (Reporting by Kamal Choudhury in Bengaluru; Editing by Anil D’Silva)