Reuters UK Business

By Gianluca Lo Nostro (Reuters) -Worldline narrowed its 2025 profit forecast on Tuesday and signaled more disposals in the coming weeks, as the French digital payments company battles to restore investor confidence following governance setbacks and client losses. The company now expects adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) between 830 million and …

Worldline narrows profit forecast, signals more deals to come Read More »

(Reuters) -London’s FTSE 100 rose for a second consecutive day on Tuesday, lifted by shares of Melrose and HSBC, while losses in precious miners kept gains in check. Heavyweight HSBC rose 1.8% after hiring banking veteran and former NatWest executive David Lindberg to become the CEO of its UK business. Its shares powered a 1.2% rise …

FTSE 100 edges higher on boost from HSBC, Melrose; miners keep gains in check Read More »

By William Schomberg and David Milliken LONDON (Reuters) -The recent collapses of U.S. car parts maker First Brands and auto dealership Tricolor may be a warning of much bigger financial problems to come and the Bank of England plans a more detailed probe, Governor Andrew Bailey said on Tuesday. Bailey told lawmakers that there were …

Bank of England’s Bailey says First Brands, Tricolor collapses may herald worse to come Read More »

By Juveria Tabassum and Jessica DiNapoli (Reuters) -Coca-Cola’s third-quarter results exceeded Wall Street’s expectations on resilient demand for its zero-sugar drinks and Fairlife in the U.S., and its sodas in some international markets despite cautious spending worldwide. The company also maintained its annual sales and profit targets even though CEO James Quincey flagged a challenging …

Coca-Cola results top estimates as zero-sugar, smaller pack sizes boost sales Read More »

By Olena Harmash KYIV (Reuters) -Ukraine’s parliament voted on Tuesday to amend the country’s budget for this year, raising defence spending to a record level as the war with Russia dragged on into its fourth year. Lawmakers approved the increase of about 325 billion hryvnias ($7.7 billion), raising Ukraine’s defence spending to a total of …

Ukraine parliament amends 2025 budget, raises defence spending to wartime record Read More »

By Rachel More BERLIN (Reuters) -Volkswagen said on Tuesday it was preparing to pause production of two key models but denied any connection with a stand-off over chipmaker Nexperia putting pressure on supply chains. Pauses in production of the Golf and Tiguan models this week have been “long planned” to deal with inventory matters, coinciding …

VW says production pauses planned, denies chip crunch as reason Read More »