Reuters UK Business

DUESSELDORF, Germany (Reuters) -Deutsche Telekom said it has bought additional shares in T-Mobile US from Softbank for $2.4 billion, bringing CEO Tim Hoettges closer to his goal of securing direct control over the U.S. telecoms operator. The purchase of the 21.2 million shares via a call option raises Deutsche Telekom’s stake in T-Mobile US to …

Deutsche Telekom buys additional T-Mobile US shares for $2.4 billion Read More »

(Reuters) -Alphabet Inc’s YouTube said on Tuesday it was aware of users having issues accessing its services and was working on a fix. The company said in a tweet https://twitter.com/TeamYouTube/status/1513978146307158018?s=20&t=A_CQ0gElC_ljy0t17jq5GQ that logging in and using the navigation bar were among the issues users faced. Outage-tracking website Downdetector.com showed there were nearly 9,000 incidents of people …

YouTube says working to fix disruption Read More »

By Chibuike Oguh and Krystal Hu (Reuters) -KKR & Co Inc said on Tuesday it plans to buy cybersecurity firm Barracuda Networks from its private equity owner Thoma Bravo, highlighting continued interest in cybersecurity businesses from buyout firms. The announcement, confirming an earlier Reuters report, did not disclose financial terms. Sources who requested anonymity said …

KKR to buy cybersecurity firm Barracuda from Thoma Bravo in deal worth about $4 billion Read More »

PRAGUE (Reuters) -The Czech National Bank is likely to moderately raise interest rates further as the return of inflation towards the central bank’s 2% target will be delayed, Governor Jiri Rusnok said on Tuesday. On March 31, the central bank lifted its benchmark rate by 50 basis points to 5.00%, its highest since 2001, and …

Czech central bank chief: further moderate rate raise is likely Read More »

PARIS (Reuters) – France’s economy probably eked out meagre growth in the first quarter, but more difficult days lie ahead as the war in Ukraine weighs on activity, the central bank said on Tuesday, cutting its outlook. It estimated that the euro zone’s second-biggest economy grew by 0.25% in the first three months from the …

French growth seen at 0.25% in first quarter – central bank Read More »

By Gilles Guillaume PARIS (Reuters) -Renault Chief Executive Luca de Meo said on Tuesday that the automaker’s plans to create a separate division for its electric (EV) assets could eventually lead to a separate listing. “This could mean a separate listing. This is a conditional, this is precisely what we are reviewing,” De Meo told …

Renault considering separate bourse listing for electric vehicle assets – CEO Read More »

By Andrea Mandala MILAN (Reuters) -Banco BPM is to acquire full ownership of its life insurance partnership with France’s Covea, in a move that may lead the Italian bank to strengthen commercial ties with its new top investor Credit Agricole. French bank Credit Agricole last week bought a 9.2% stake in Italy’s No.3 bank, and …

Italy’s Banco BPM makes first move in new insurance strategy Read More »

By Francesca Landini and Stephen Jewkes MILAN (Reuters) – The Benetton family and U.S. investment fund Blackstone are working on a premium of around 30% over Atlantia’s average stock price in the last six months, as they ready a bid that could land as early as Wednesday, three sources said. The two partners are considering …

Benetton team working on premium of around 30% to buy out Atlantia – sources Read More »