Reuters UK Business

(Reuters) – British recruitment agency Hays Plc raised its annual operating profit forecast on Thursday, after reporting a higher half-year profit buoyed by rising talent demand as companies rush to fill up vacancies. The British company, which hires staff in several specialist sectors including technology, accounting and finance and life science, expects the operating profit …

Recruiter Hays raises annual profit forecast on robust hiring demand Read More »

(Reuters) -UK’s main stock indexes plunged on Thursday, tracking a sharp sell-off in global equities, as investors shed riskier assets after Russia launched an all-out invasion of Ukraine by land, air and sea. The benchmark FTSE 100 index dropped 2.7% in morning trade, while the domestically focussed mid-cap index fell 2.1%. Russian missiles rained down …

London stocks slump over 2% as Russia invades Ukraine Read More »

By Clara Denina and Zandi Shabalala LONDON (Reuters) – Global mining company Anglo American posted record full-year earnings on Thursday helped by surging commodity prices and boosted its shareholder payouts for the year to a new high of $6.2 billion. Anglo’s results are the last of an earnings season in which rival miners Rio Tinto, …

Miner Anglo American joins rivals with record profit and payouts Read More »

By Tom Sims and Iain Withers FRANKFURT/LONDON (Reuters) -Europe’s financial sector scrambled on Thursday after Russia invaded Ukraine, with Allianz saying it had frozen its Russian government bond exposure and top British domestic lender Lloyds saying it was on “heightened alert” for cyberattacks. Deutsche Bank said it had contingency plans in place. Shares of leading …

European finance reacts to Ukraine conflict with emergency plans, bond freezes Read More »

BERLIN (Reuters) – Germany can guarantee security of supply even without Russian gas or oil, Economy Minister Robert Habeck said on Thursday. “We will have to buy more gas, but also coal from other countries,” Habeck told broadcaster ZDF, adding that Germany, which gets half its gas from Russia, was too dependent on Russian oil …

Germany can ensure energy supply without Russian gas – econ minister Read More »

By Elena Fabrichnaya and Andrey Ostroukh MOSCOW (Reuters) – The Russian central bank will step into the market to support the rouble, it said on Thursday, as the local currency crashed to an all-time low after President Vladimir Putin authorised what he called a special military operation in Ukraine. After weeks of denying plans to …

Russian cenbank to start FX intervention as rouble skids to record low Read More »

By Tim Hepher PARIS (Reuters) -Airlines group IAG is in advanced talks with planemakers on a medium-haul fleet shake-up that may see the British Airways parent opt for Boeing and Airbus jets to update a European fleet of Airbus narrowbodies, industry sources said. IAG stunned the industry nearly three years ago when it unveiled a …

IAG airline group in advanced fleet talks -sources Read More »

By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) – German utility Uniper is assessing whether the suspension of Gazprom’s Nord Stream 2 will trigger impairments on its 1 billion euro ($1.1 billion) exposure to the gas pipeline, the company said on Wednesday, sending its shares to a 7-month low. Uniper, majority-owned by Finland’s Fortum, said …

Germany’s Uniper assessing Nord Stream 2 impairment over suspension Read More »