Reuters UK Business

(Corrects headline to say 0.2% [not 0.25%]) BERLIN (Reuters) -Germany’s economy ministry revised its growth forecast for this year up to 0.2% from an earlier forecast of zero, a source familiar with the forecasts told Reuters. The ministry forecasts 1.3% growth for next year and 1.4% growth for 2027. Europe’s largest economy has registered little …

German economy ministry revises 2025 growth forecast up slightly to 0.2% – source Read More »

By Luciana Magalhaes and Leticia Fucuchima SAO PAULO (Reuters) -J&F Investimentos SA, the holding company owned by Brazil’s billionaire Batista brothers, is in talks to acquire French utility EDF’s Rio de Janeiro thermal plant, according to two people familiar with the matter. The deal, which could fetch up to 2 billion reais ($374 million) according …

Exclusive-Batista brothers’ J&F in talks for EDF plant as Brazil power M&A surges Read More »

(Corrects paragraph 16 to say almost three quarters, instead of more than three quarters) By Laura Matthews and Saqib Iqbal Ahmed NEW YORK (Reuters) -The long-awaited resumption of the Federal Reserve’s rate-cutting cycle is likely to cheapen hedging of dollar exposure for foreign investors and increase their motivation to guard more of their U.S. assets …

Foreign investors can exploit cheaper dollar hedges as Fed easing resumes Read More »

By Jan Strupczewski and Lili Bayer BRUSSELS (Reuters) -Austria told the EU on Friday it would not support the bloc’s latest sanctions package against Russia unless the EU unfroze some Russian assets to compensate Austria’s Raiffeisen Bank for penalties imposed by Russia, diplomats said. But other EU governments said they could not accept such a …

EU in stalemate over Russia-linked Raiffeisen compensation, diplomats say Read More »

STOCKHOLM (Reuters) -A court in Sweden has found that online fast-fashion retailer Shein infringed on the copyright of smaller rival Nelly by using the Swedish company’s photographs. The Patent and Market Court said on Friday that Shein’s Ireland-based subsidiary, Infinite Styles Ecommerce, had without permission made copies of pictures owned by Nelly, and used them …

Shein breached Swedish retailer Nelly’s copyright, court says Read More »

LONDON (Reuters) -Cybercriminals connected to a recent string of ransomware attacks on major British retailers said on Friday they had stolen almost 1 billion records from cloud technology giant Salesforce by focusing on companies that use its software. A group calling itself “Scattered LAPSUS$ Hunters” told Reuters it had obtained the Salesforce records, and said …

Almost 1 billion Salesforce records stolen, hacker group claims Read More »