Reuters UK Business

By Foo Yun Chee BRUSSELS (Reuters) -EU countries and European Parliament lawmakers are set to agree on light touch rules for Airbnb next week, three people familiar with the matter said on Friday. The light touch approach contrasts with other recently adopted EU rules which take a tough line with Big Tech in an attempt …

Exclusive-Light touch rules for Airbnb set for EU agreement next week, sources say Read More »

STOCKHOLM (Reuters) – Swedish truckmaker Volvo said on Friday it had won an auction for the battery business of troubled Proterra in the United States with a $210 million bid. The auction was part of the electric vehicle part supplier’s ongoing U.S. Chapter 11 bankruptcy protection process. Volvo said in a statement it aimed to …

Truckmaker Volvo to buy Proterra’s battery business for $210 million Read More »

(This Nov. 8 story has been corrected to fix the headline, first bullet point, and story’s reference to ‘registration’, not ‘approval’ or ‘certification’ after the company issued a clarification.)) By Jan Lopatka PRAGUE (Reuters) – Czech start-up Bene Meat Technologies is the first to win European Union registration for laboratory-grown meat for use in pet …

Czech firm Bene Meat gets EU registration for lab-grown meat for pet food Read More »

LONDON (Reuters) – Sterling held at around a one-week low against the dollar on Friday, set for a weekly decline of 1.2%, as markets digested data showing Britain’s economy failed to grow in the third quarter, though this was slightly above expectations. The pound was last up a fraction on the day at $1.2231 little …

Sterling holds near one-week low as UK economy fails to grow in Q3 Read More »

By Vidya Ranganathan and Lawrence White SINGAPORE (Reuters) – LSEG Chief Executive Officer David Schwimmer said the market for Initial Public Offerings (IPOs) in London and elsewhere around the world should recover from current lows caused by concerns about rising interest rates and geopolitical and economic instability. Listings worldwide have been subdued for the last …

LSEG chief Schwimmer: IPOs to return ‘when the environment stabilises’ Read More »

By Simon Jessop LONDON (Reuters) – Business will be central to the success of the COP28 climate talks but companies need to back up their environmental and social pledges with firm action and money, Special Representative Badr Jafar told Reuters. Jafar, who will be overseeing the Dec. 1-2 Business and Philanthropy Climate Forum at the …

Business key to COP28 success; needs to bring checkbook – special representative Read More »