Reuters UK Business

(Reuters) -Britain’s antitrust watchdog has accepted Spreadex’s proposal to sell Sporting Index’s consumer-facing unit, it said on Friday, after the companies gave into the regulator’s demands to allay competition concerns. The Competition and Markets Authority (CMA) last month said that Spreadex’s acquisition of Sporting Index’s business-to-consumer arm created a monopoly in the UK licensed online …

Spreadex to sell Sporting Index unit to ease competition concerns, UK regulator says Read More »

By Balazs Koranyi AMSTERDAM (Reuters) -Europe should avoid the temptation of easing bank regulation and should instead tighten rules for parts of the financial sector now enjoying easier rules, some of the continent’s top central bankers said on Friday. Governments in Europe are debating whether to follow the Trump administration’s efforts to roll back rules …

Europe must resist temptation of easing bank regulation, policymakers say Read More »

By Amir Orusov and Purvi Agarwal (Reuters) -European shares logged their best weekly showing in five months on Friday with healthcare and miners leading advances on the day as rising bets on a Federal Reserve rate cut buoyed sentiment. The pan-European STOXX 600 index closed 0.5% higher at a record high for the third session …

European shares mark best week since April on boost from banks, healthcare Read More »

October 3 -Santander UK said on Friday its CEO Mike Regnier will step down in the first quarter of 2026, as the British arm of Spain’s Banco Santander prepares to merge with TSB. Banco Santander announced in July it would acquire Banco de Sabadell’s British subsidiary TSB for 2.65 billion pounds ($3.56 billion) and integrate it …

Santander UK’s CEO to step down ahead of TSB merger Read More »

(Reuters) -London’s FTSE 100 logged its biggest weekly jump since April to close at record high on Friday, when financials led the way up on growing expectations of a Federal Reserve interest rate cut. The blue-chip index finished 0.7% higher at record high on the day and gained 2.2% for the week.  The mid-cap index …

FTSE 100 ends week at record high as financials drive gains Read More »

(Corrects September 2024 figure in paragraph 3 to 50 from 61) By Tim Hepher PARIS (Reuters) -Airbus delivered a stronger-than-expected 73 jets in September, a record for that month of the year, as delays in engine deliveries showed signs of easing, industry sources said. Airbus declined to comment on the figure, which is higher than …

Airbus deliveries had a record September, sources say Read More »

(Corrects ‘traded’ to ‘transferred’ in paragraph 14) By Rae Wee and Elizabeth Howcroft SINGAPORE/PARIS (Reuters) -The business behind a rouble-backed cryptocurrency targeted by U.S. sanctions was among the sponsors of a major crypto conference in Singapore this week, as demand soars for the token, used by Russians. The TOKEN2049 event is one of the biggest …

Rouble-backed token targeted by sanctions sponsors top crypto conference Read More »