Reuters UK Business Archives - Page 315 of 3179

Google launches Gemini Enterprise AI platform for business clients

9 Oct 2025 9 Oct 2025

(Reuters) -Alphabet’s Google on Thursday launched a new AI platform for business customers called Gemini Enterprise, as the tech giant ramps up efforts to capture more corporate clients with its artificial intelligence tools. Gemini Enterprise will be powered by the company’s most advanced artificial intelligence models, and will act as a conversational platform where employees …

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Explosion at Orange site in Paris injures workers, impacts 80,000 users

9 Oct 2025 9 Oct 2025

(Reuters) -An explosion occurred at one of Orange’s technical sites in Paris on Thursday, injuring three workers, two critically, and disrupting communication services for 80,000 users, the district mayor said. The incident took place around 10 a.m. (0800 GMT) in the basement of a building on Avenue de Saxe in the French capital, where an …

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Monte dei Paschi CEO says Generali stake offers welcome revenue diversification source

9 Oct 2025 9 Oct 2025

MILAN (Reuters) -The stake in insurer Generali held by the banking group born from Monte dei Paschi di Siena’s acquisition of Mediobanca provides a welcome source of revenue diversification, MPS Chief Executive Luigi Lovaglio said. Speaking at a parliamentary hearing, Lovaglio said that while diversification was always a good thing, the stake in Generali had, …

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Ferrari share stumble spoils electric vehicle tech launch

9 Oct 2025 9 Oct 2025

By Giulio Piovaccari and Keith Weir MARANELLO, Italy (Reuters) -Ferrari’s shares fell more than 16% on Thursday on disappointment over the luxury carmaker’s new long-term financial targets, taking the shine off the unveiling of the technology behind its first electric car. The share price drop wiped 13.5 billion euros ($15.67 billion) from Ferrari’s market capitalisation. …

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Russian central bank says will take into account gasoline price rises in rate moves

9 Oct 2025 9 Oct 2025

By Elena Fabrichnaya SOCHI, Russia (Reuters) -Russia’s central bank will take into account a spike in gasoline prices and its impact on people’s inflationary expectations when making decisions on potential interest rate cuts, Governor Elvira Nabiullina said on Thursday. Prices for gasoline, which are tightly monitored by authorities, are up 10.2%, above general inflation, since …

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Lloyds warns of bigger hit from UK motor finance scandal

9 Oct 2025 9 Oct 2025

By Tommy Reggiori Wilkes and Raechel Thankam Job LONDON (Reuters) -Britain’s Lloyds Banking Group will likely need to set aside more cash to cover the cost of compensating motor finance customers, the bank said on Thursday after the UK regulator this week proposed a redress scheme for the mis-selling scandal. The UK lender, which is …

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Spanish court summons Gotham City founder in Grifols share price probe

9 Oct 2025 9 Oct 2025

MADRID (Reuters) -Spain’s High Court on Thursday summoned the founder of U.S.-based short seller Gotham City Research, Daniel Yu, to testify over allegations his company disseminated misleading information about pharma firm Grifols to influence its share price. In January 2024, Gotham City, which had previously shorted Grifols shares, released a report accusing the company of …

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ECB policy robust enough to manage shocks, can afford to wait, accounts show

9 Oct 2025 9 Oct 2025

FRANKFURT (Reuters) -ECB policy is robust enough to respond to changes the euro zone inflation outlook, so the bank can afford to keep a steady hand until it gains more clarity, policymakers concluded last month, according to the accounts of their September 10-11 meeting. The ECB left rates unchanged in September and even offered a …

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Taiwan and India were top destinations for Russian naphtha in August, LSEG data shows

9 Oct 2025 9 Oct 2025

MOSCOW (Reuters) -Taiwan and India were the main destinations for Russian seaborne naphtha exports in August, as cheaper barrels attracted buyers, data from market sources and LSEG showed. Since the European Union’s full embargo on Russian oil products went into effect in February 2023, countries in the Middle East and Asia have become the main …

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Michelin shares fall after tariffs, sluggish European market hurt Q3 tyre sales

9 Oct 2025 9 Oct 2025

By Gilles Guillaume PARIS (Reuters) -Shares in tyremaker Michelin fell 4% on Thursday to a six-month low after analysts said weaker than expected third quarter sales volumes as U.S. tariffs hit replacement demand could put full-year results estimates at risk. Michelin shares were down 4.02% at 29.62 euros ($34.39) at 1110 GMT, after touching their …

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