Reuters UK Business

UK to stop disclosing identity of stock market short sellers, FT reports

27 Oct 2025

(Reuters) -Britain’s Financial Conduct Authority will announce new rules under which short sellers will no longer have their identities disclosed in public, the Financial Times reported on Monday. The financial watchdog is expected to shift to publishing the total short positions of investors betting against a company’s share price on an anonymized and aggregated basis, …

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US floats six-month deadline for Germany to sort Rosneft issue, Bloomberg News reports

27 Oct 2025

(Reuters) -Washington has floated a six-month deadline for Berlin to sort out the ownership limbo affecting the German assets of Russian oil major Rosneft, allowing Rosneft to be temporarily exempted from U.S. sanctions, Bloomberg News reported on Monday, citing people familiar with the matter. The Trump administration has conveyed to German counterparts that it’s considering …

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Meta appoints insider Vishal Shah to key AI role

27 Oct 2025

(Reuters) -Meta Platforms CEO Mark Zuckerberg has appointed insider Vishal Shah to a key artificial intelligence-linked role, heading product management for AI products, the social media giant said on Monday. The move underscores Big Tech’s focus on the booming technology, directing resources and top talent towards AI development. Meta is competing against Microsoft and startups …

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Deutsche Boerse posts stronger-than-expected 6% profit rise in Q3

27 Oct 2025

FRANKFURT (Reuters) -German exchange operator Deutsche Boerse on Monday posted a 6% rise in third-quarter net profit, better than analysts had expected, and said it was sticking to its forecasts for the year despite low stock market volatility and a weaker dollar. Net profit attributable to shareholders was 473 million euros ($551.61 million), up from …

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LSEG partners with Anthropic to bring financial data access to Claude users

27 Oct 2025

(Reuters) -London Stock Exchange Group on Monday said it is collaborating with artificial intelligence startup Anthropic to give Claude users access to data licensed through LSEG products. LSEG shares rose by as much as 1.7% after the announcement. The company said Workspace and Financial Analytics will be accessible through Anthropic’s expanded Claude for Financial Services …

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Novartis CEO defends $12 billion deal for Avidity as ‘appropriate risk to take’

27 Oct 2025

By Bhanvi Satija LONDON (Reuters) -Swiss drugmaker Novartis on Monday defended its $12 billion deal to acquire Avidity Biosciences ahead of the U.S. firm getting late-stage data for its muscle disorder treatment next year, saying it was “an appropriate risk to take”. On an investor call, Novartis CEO Vas Narasimhan said the deal size could …

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OPEC+ leaning towards another small oil output increase, sources say

27 Oct 2025

By Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW (Reuters) -OPEC+, the world’s largest grouping of oil-producing nations, is leaning towards a modest output boost in December, four sources familiar with the talks said, as they push on with monthly increases aimed at clawing back market share. Having curbed production over several years in a bid to …

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Italy’s Numia appoints former SIA CEO Cordone as chairman

27 Oct 2025

MILAN (Reuters) -Numia, a payments firm backed by Italy’s third-largest bank Banco BPM, said on Monday it had appointed Nicola Cordone as chairman. Cordone, 59, was chief executive of payment infrastructure provider SIA between 2018 and 2020, before it merged with rival Nexi in 2021.  He has since held board and risk committee roles at …

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BAE Systems expects to recognise $6.17 billion from UK-Turkey Eurofighter jet deal

27 Oct 2025

(Reuters) -British defence group BAE Systems said on Monday it expects to recognise 4.6 billion pounds ($6.17 billion) from a UK government deal in which Turkey bought 20 Eurofighter Typhoon jets. As part of the deal, BAE will manufacture airframe components, conduct final assembly of the aircraft and lead weapons integration activities in Lancashire, UK. …

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Greencore-Bakkavor merger faces UK antitrust concerns over chilled sauces

27 Oct 2025

(Reuters) -Britain’s competition regulator said on Monday the proposed 1.2 billion pound ($1.61 billion) merger of convenience food manufacturer Greencore and peer Bakkavor might harm competition in the supply of own-label chilled sauces. The Competition and Markets Authority (CMA) said the combined entity would become one of the largest suppliers of chilled sauces in the …

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