Reuters UK Business Archives - Page 342 of 3179

Euro zone services growth picked up slightly in September, PMI shows

3 Oct 2025 3 Oct 2025

LONDON (Reuters) -Growth in the euro zone services sector accelerated slightly in September to an eight-month high, although the expansion remained modest with hiring stalling amid a limited improvement in demand, a survey showed. The HCOB Eurozone Services PMI Business Activity Index rose to 51.3 in September from 50.5 in August, S&P Global reported. That …

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German services sector sees modest growth in September, PMI shows

3 Oct 2025 3 Oct 2025

BERLIN (Reuters) -Germany’s services sector recorded its fastest growth in eight months in September, despite a decline in new work and a notable reduction in employment, a survey showed on Friday. The final HCOB Germany services PMI rose to 51.5 in September, slightly below an initial reading of 52.5 but still in expansion territory after …

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Swiss public back tougher capital rules for UBS, poll shows

3 Oct 2025 3 Oct 2025

ZURICH (Reuters) -The Swiss government should tighten capital rules governing UBS, a majority of the Swiss public told a poll published on Friday, even if regulations are tougher than those imposed abroad. Some 61% of those questioned backed extra capital requirements, according to the survey of 24,000 people conducted by the Leewas Institute for TA …

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Russian service sector contracts at fastest pace since 2022, PMI shows

3 Oct 2025 3 Oct 2025

MOSCOW (Reuters) -Russia’s service sector saw business activity contract sharply in September, marking the steepest decline since December 2022, as a renewed drop in new orders weighed on output, a survey showed on Friday. The S&P Global Russia Services PMI Business Activity Index fell to 47.0 in September from 50.0 in August, indicating a contraction …

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Roche director Suessmuth Dyckerhoff to stand down from board

3 Oct 2025 3 Oct 2025

ZURICH (Reuters) -Roche said on Friday Claudia Suessmuth Dyckerhoff would not stand for re-election as a member of the pharma company’s board of directors. Suessmuth Dyckerhoff, who has been on Roche’s board since 2016, is stepping down after being nominated for election to the board of another healthcare company. (Reporting by John Revill; Editing by …

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Britain’s trade remedies body to get more assertive ahead of overhaul

3 Oct 2025 3 Oct 2025

By Alistair Smout LONDON (Reuters) -The new chiefs of Britain’s Trade Remedies Authority said it would toughen the country’s trade defences even before new legislation comes in, aimed at giving the body more clout to tackle global trade turmoil. The TRA was established post-Brexit but the government has criticised its remedies system for being “slow …

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Morning Bid: US politics can’t shut down the animal spirits

3 Oct 2025 3 Oct 2025

A look at the day ahead in European and global markets from Ankur Banerjee: The U.S. shutdown and political gridlock in Washington show no signs of ending any time soon. That hasn’t stopped stocks and gold striking fresh record highs, as investors mainly focus on the Federal Reserve sticking the rate-cut path. While the risk …

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ECB picks AI startup to prevent digital euro fraud

2 Oct 2025 2 Oct 2025

FRANKFURT (Reuters) -The European Central Bank said on Thursday it had picked a Portuguese startup focussed on artificial intelligence to help prevent fraud in its planned digital euro currency. The contract with Feedzai, worth up to 237.3 million euros ($278.69 million), is one of several announced by the ECB on Thursday to advance a project …

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LNG tankers bound for Belgian terminal disrupted by Greenpeace blockade

2 Oct 2025 2 Oct 2025

By Forrest Crellin PARIS (Reuters) -At least four LNG-laden tankers bound for the Zeebrugge LNG terminal in Belgium were either diverted or left idling during a 30-hour Greenpeace blockade to protest against European Union imports of Russian gas, LSEG data showed on Thursday. Belgium is the second-largest European importer of Russian LNG, receiving 2.3 million …

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Italy says deficit to respect EU’s 3% ceiling this year despite weak growth

2 Oct 2025 2 Oct 2025

By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italy will cut its budget deficit to 3% of national output this year, the government said on Thursday, respecting the European Union’s ceiling for the first time since 2019, before the COVID-19 pandemic, and below a previous target of 3.3%. Rome’s 2026 budget framework approved at an …

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