Reuters UK Business

FRANKFURT (Reuters) – DWS, an asset manager controlled by Deutsche Bank, began its annual shareholder meeting on Thursday, with the adviser Institutional Shareholder Services (ISS) urging investors to vote against the management of the company for 2022. Last year, the chief executive stepped down after raids by prosecutors over accusations of so-called “greenwashing”, which both …

DWS holds shareholder meet as ‘greenwashing’ accusations linger Read More »

By Andy Bruce and Sinead Cruise LONDON (Reuters) – Bedlam in Britain’s 1.5 trillion-pound ($1.9 trillion) mortgage market, fuelled by ructions in money markets, threatens to trigger a renewed slump in housing activity and financial pain for homeowners on a par with the late 1980s. Lenders have repeatedly re-priced and pulled home loan offerings in …

Analysis-Spasms in UK mortgage market spell pain for homeowners, economy Read More »

By David Shepardson WASHINGTON (Reuters) -Time is running out on a deadline for Microsoft to complete its $69 billion merger with Activision Blizzard, compelling the companies to ask a U.S. judge on Wednesday to quickly get the ball rolling on the Federal Trade Commission’s legal bid to block the deal from closing. U.S. District Judge …

Microsoft, Activision ask judge for speedy schedule in FTC challenge Read More »

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google may have to sell part of its lucrative adtech business to address concerns about anti-competitive practices, EU regulators said on Wednesday, threatening the company with its harshest regulatory penalty to date. The European Commission set out its charges in a statement of objections to Google two …

Google faces EU break-up order over anti-competitive adtech practices Read More »

DUBLIN (Reuters) – Ryanair has dismissed its chief pilot following an investigation which identified “a pattern of repeated inappropriate behaviour” towards a number of female junior pilots, according to a company memo seen by Reuters. Chief People Officer Darrell Hughes said in the memo, dated June 14 and addressed to staff, that the chief pilot, …

Ryanair dismisses chief pilot for ‘repeated inappropriate behaviour’ -company memo Read More »

By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections that borrowing costs will likely rise by another half of a percentage point by the end of this year as the U.S. central bank reacted to a stronger-than-expected economy and a …

Fed leaves rates steady, sees two small hikes by end of 2023 Read More »