Reuters UK Business

By Giulia Segreti and Tim Hepher ROME/PARIS (Reuters) -European aerospace groups Leonardo, Airbus and Thales have reached a framework deal on a proposed merger of their satellite businesses, two sources familiar with the matter said on Monday. Leonardo is scheduled to hold an extraordinary board meeting on Tuesday to discuss details of the deal, which …

European aerospace groups reach framework deal on satellite merger, sources say Read More »

By Jeff Horwitz NEW YORK (Reuters) -Meta researchers found that teens who report that Instagram regularly made them feel bad about their bodies saw significantly more “eating disorder adjacent content” than those who did not, according to an internal document reviewed by Reuters. The posts shown to those users featured “prominent display” of chest, buttocks, …

Exclusive-Instagram shows more ‘eating disorder adjacent’ content to vulnerable teens, internal Meta research shows Read More »

(Reuters) -Pan-European exchange operator Euronext said on Monday it remained committed to transforming the Athens Stock Exchange into a financial gateway for southeastern Europe, but ruled out raising its offer to acquire the Greek bourse. Euronext has made an offer to buy up to 100% of Hellenic Exchanges – the operator of the Athens bourse …

Euronext rules out higher bid for Athens bourse Read More »

By Ateev Bhandari and Arasu Kannagi Basil (Reuters) -Evernorth, a new crypto venture backed by digital asset firm Ripple, said on Monday it will list on the Nasdaq through a merger with blank-check firm Armada Acquisition Corp II and is expected to raise more than $1 billion in proceeds. The digital asset treasury will focus on …

Ripple-backed Evernorth set to raise over $1 billion in US listing to hoard XRP token Read More »

(Corrects spelling of MP’s surname to Balanant in paragraph 12) By Leigh Thomas, Jan Strupczewski and Yoruk Bahceli PARIS (Reuters) -Financial markets cheered last week’s defeat of no-confidence votes in the French government but any reprieve in weeks of political chaos will be short-lived unless budget talks starting on Monday find the savings needed to …

France gets only brief reprieve from budget pressure Read More »

By Alun John LONDON (Reuters) -BNP Paribas shares tumbled as much as 10% on Monday, after a U.S. jury found the French bank helped Sudan’s government commit genocide by providing banking services that violated American sanctions, raising questions about whether the lender will be exposed to further legal claims. The federal jury in Manhattan on …

BNP Paribas shares tumble after US jury’s Sudan verdict Read More »