Reuters UK Business

German consumer sentiment falls in November amid income expectations slump, survey finds

28 Oct 2025

BERLIN (Reuters) -Consumer sentiment in Germany is expected to deteriorate further heading into November, weighed down by sharply declining income expectations, a survey showed on Tuesday. The consumer sentiment index, published by the GfK market research institute and the Nuremberg Institute for Market Decisions (NIM), fell to -24.1 points for November from a downwardly revised …

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Russia’s Sberbank reports third-quarter profits rise

28 Oct 2025

MOSCOW (Reuters) -Russia’s dominant lender Sberbank reported on Tuesday an increase in net profit in the third quarter of 2025 to 448.3 billion roubles ($5.51 billion) from 411.1 billion in the same period last year. Sberbank’s net profit for January-September amounted to 1.3 trillion roubles, the lender said. ($1 = 81.3000 roubles) (Reporting by Marina …

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Sweden’s EQT to double European investments but calls for urgent reforms

28 Oct 2025

By Anousha Sakoui and Iain Withers LONDON (Reuters) -Swedish private equity giant EQT is aiming to more than double its European investments to 250 billion euros ($292 billion) over the next five years, but is urging the region to adopt more pro-growth policies to unlock private capital and better compete with a rampant U.S. market. …

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Siltronic narrows 2025 profit margin outlook

28 Oct 2025

(Reuters) -Siltronic on Tuesday narrowed its annual core profit margin outlook after posting a weaker-than-expected quarterly profit, impacted by negative currency effects and deliveries shifting into the next quarter. The German semiconductor materials supplier now expects an earnings before interest, taxes, depreciation and amortization (EBITDA) margin of 22% to 24% for 2025. It previously a …

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Primark seizes US opportunity as Trump hits online rivals

28 Oct 2025

By James Davey and Helen Reid LONDON (Reuters) -Primark is accelerating its U.S. store openings and ramping up marketing, betting that President Donald Trump’s move to scrap a duty exemption on e-commerce parcels will drive budget-conscious shoppers away from online rivals and back to stores. The U.S. administration in May ended “de minimis” duty-free treatment …

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Amundi records $17.6 billion in Q3 net inflows, aided by ETF demand

28 Oct 2025

By Mathieu Rosemain PARIS (Reuters) -Amundi, Europe’s biggest asset manager, reported slightly higher-than-expected net inflows in the third quarter on Tuesday, driven by continued growth in funds that track the market and demand from its Asian joint ventures.  Net new money for the third quarter reached 15.1 billion euros ($17.6 billion), beating the 14.4 billion …

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Germany, UK lead 10.7% rise in September European car sales, ACEA says

28 Oct 2025

By Amir Orusov (Reuters) -New car sales in Europe rose 10.7% in September, driven by growth in almost all markets led by Germany and the UK, European Automobile Manufacturers’ Association data showed on Tuesday. WHY IT’S IMPORTANT Europe’s struggling car industry is grappling with multiple challenges, including high production costs, U.S. import tariffs, a slower-than-expected …

Germany, UK lead 10.7% rise in September European car sales, ACEA says Read More »

Russia’s Lukoil says it plans to sell international assets due to Western sanctions

28 Oct 2025

MOSCOW (Reuters) -Russia’s second-largest oil producer, Lukoil, said on Monday it would sell its international assets following sanctions over Ukraine announced last week by the United States. The planned sale of the assets is the most consequential action so far by a Russian company in the wake of Western sanctions over Russia’s war in Ukraine, …

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Global M&A activity up 10% in first nine months of 2025, study shows

28 Oct 2025

ZURICH (Reuters) -Global mergers and acquisitions activity grew 10% in the first nine months of 2025 compared with the same period last year, extending a gradual recovery despite uncertainty over U.S. tariff policies and geopolitical conflict, a study showed on Tuesday. The Boston Consulting Group Global M&A Report showed the deal volume rose to $1.938 …

Global M&A activity up 10% in first nine months of 2025, study shows Read More »

Citi to tie up with Coinbase to boost digital payments for institutional clients

28 Oct 2025

(Reuters) -Citigroup and cryptocurrency exchange Coinbase plan to collaborate on digital asset payment solutions for the U.S. bank’s institutional clients, to expand the offering to global clients in the future. The partnership will initially focus on enabling users to deposit and withdraw traditional currencies (commonly referred to as “fiat” in crypto) through Coinbase’s services, marking …

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