Reuters UK Business

By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Friday granted preliminary approval to Deutsche Bank’s $75 million settlement with victims of Jeffrey Epstein who accused the bank of facilitating the late financier’s sex trafficking. U.S. District Judge Jed Rakoff in Manhattan said the settlement appeared “fair, reasonable, and adequate.” He scheduled an Oct. …

Deutsche Bank $75 million settlement with Epstein accusers wins preliminary approval Read More »

By Angus Berwick and Tom Wilson LONDON (Reuters) – The U.S. affiliate of crypto giant Binance has carried out a round of layoffs since regulators last week charged it with violating securities laws and sought to freeze its assets, said two people with knowledge of the dismissals and employees’ social media posts. One of the …

Crypto giant Binance’s US affiliate fires staff after SEC charges -sources Read More »

By Shashwat Chauhan and Khushi Singh (Reuters) – UK’s FTSE 100 climbed on Friday, with defensive stocks such as utilities and healthcare leading the charge, while top building materials supplier Travis Perkins slumped after a profit warning. The internationally-focused FTSE 100 gained 0.2%, posting a weekly gain of 1%, snapping a three-week losing streak underpinned …

UK’s FTSE 100 logs weekly gains on defensive boost; Travis Perkins slumps Read More »

By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares closed at a three-week high on Friday, underpinned by luxury and defensive stocks at the end of a week that was dominated by major central bank policy decisions. The continent-wide European STOXX 600 index rose 0.5%. The index gained 1.5% in the policy-packed week, its …

European shares rise on defensive boost, post best week in 2 months Read More »

By Eva Mathews (Reuters) -Britain’s competition regulator on Friday cleared Amazon.com Inc’s planned $1.7 billion acquisition of iRobot Corp, maker of the Roomba vacuum cleaner. The Competition and Markets Authority (CMA) said it had concluded that the deal would not lead to competition concerns in the UK. “We’re pleased with the UK Competition and Markets …

UK clears Amazon’s $1.7 billion deal for Roomba-maker iRobot Read More »