Reuters UK Business

MILAN (Reuters) -Italy’s main business lobby Confindustria on Thursday cut its economic growth forecasts for this year and next, as U.S. trade tariffs and geopolitical tensions hurt exports. Moreover, with both factors expected to be long lasting, the outlook for the euro zone’s third-largest economy is unlikely to improve any time soon, Confindustria added. The …

Italy business lobby cuts GDP forecasts on US tariffs, geopolitical tensions Read More »

STOCKHOLM (Reuters) -Sweden’s right-wing government said on Thursday it would look at ways to put in place a law that would compensate nuclear power owners and developers if a future administration decided to close reactors down. The government wants a huge expansion of nuclear power in the coming decades, but investors have been wary about …

Sweden looks at compensation law to reduce risk in nuclear expansion Read More »

STOCKHOLM (Reuters) -Volvo Cars sold 63,212 cars in September, up 1%compared to the same period last year, the Sweden-based company said on Thursday. (Reporting by Elviira Luoma, editing by Terje Solsvik)

By Maria Martinez BERLIN (Reuters) -Germany is using some of the financial firepower created by its taboo-busting fiscal reforms to prop up day-to-day spending rather than directing it all towards additional infrastructure to make the country fitter for the future. Chancellor Friedrich Merz’s reform of Germany’s debt brake and the creation of a huge off-budget …

Analysis-Germany using landmark infrastructure fund to ease budget pressures Read More »

A look at the day ahead in European and global markets from Kevin Buckland Investors already knew the U.S. labour market needed support, but there is something particularly ominous in the miserable ADP employment report delivered to the market just as the government shutdown ended the flow of official data. The ADP reported a 32,000 …

Morning Bid: Darkness falls on dour US jobs market Read More »