(Reuters) -Smith+Nephew said on Tuesday its chief financial officer, John Rogers, would now be based out of the United States, citing operational efficiency as more than half of the British medical products maker’s revenue comes from the U.S. Most of the group’s top executives are also based in the United States, including CEO Deepak Nath. …
UK medical products maker Smith+Nephew’s CFO shifts base to US Read More »
By Akash Sriram and Harshita Mary Varghese (Reuters) -President Donald Trump said on Monday he would impose a 100% tariff on all films produced overseas that are then sent into the U.S., repeating a threat made in May that would upend Hollywood’s global business model. The step signals Trump’s willingness to extend protectionist trade policies …
Trump says US to impose 100% tariff on movies made outside the country Read More »
By Miranda Murray and Holger Hansen BERLIN (Reuters) -The number of people out of work in Germany rose more than expected in September, labour office figures showed on Tuesday, as the job market struggles to recover in a continually weak economy. In seasonally adjusted terms, the jobless figure rose by 14,000 to 2.98 million, surpassing …
German unemployment rises more than expected in September Read More »
By David Milliken LONDON (Reuters) -Britain’s economy slowed in the second quarter of 2025 after a strong start to the year, official figures showed on Tuesday, highlighting the challenges facing finance minister Rachel Reeves as she prepares for November’s annual budget. British gross domestic product growth slowed to 0.3% in April to June, from 0.7% …
UK economic growth slows in second quarter after rapid start to 2025 Read More »
FRANKFURT (Reuters) -Germany’s top appeals court quashed on Tuesday a lower court’s decision to back a settlement by Volkswagen over directors’ and officers’ liability insurance coverage in the so-called dieselgate case. The Federal Court of Justice said that the lower court would have to hear the case again and decide on legal challenges against annual …
Germany’s top appeals court quashes verdict on VW dieselgate insurance settlement Read More »
BERLIN (Reuters) -Inflation rose in four key German states in September, preliminary data showed on Tuesday, pointing to an increase in national inflation and in line with analysts’ forecasts. In Germany’s most populous state, North Rhine-Westphalia, year-on-year inflation grew to 2.3% from 2.0% in August. That upward trend was reflected in the states of Bavaria, …
Rise in key German states’ inflation points to national uptick Read More »
By DhanushVignesh Babu (Reuters) -British lender Close Brothers on Tuesday warned its fiscal 2026 net interest margin would come in below analysts’ forecasts, citing changes in the mix of its loan book. The warning sent Close Brothers’ shares down 11.5%. The lender is restructuring by shedding non-core or underperforming businesses, with the exit from its …
Close Brothers shares slide as net interest margin forecast disappoints Read More »
By Stephanie Kelly LONDON (Reuters) -Shell has started production from its Victory gas field in the North Sea, which at peak production can heat almost 900,000 homes per year, it said on Tuesday. At full capacity, the gas field can produce about 150 million standard cubic feet per day of gas, or about 25,000 barrels …
Shell starts production from Victory gas field in North Sea Read More »
(Reuters) -French consumer prices rose 1.1% in September from a year ago, slightly less than economists anticipated as service prices rose and energy costs fell, preliminary data from statistics agency INSEE showed on Tuesday. Service prices, including healthcare, internet and other forms of communication, climbed 2.4% year-on-year and rose from 2.1% from August. Energy prices were …
French preliminary inflation rises less than expected in September Read More »
LONDON (Reuters) -Britain will not impose sales tax on private health care, its health minister said on Tuesday, amid media reports that it was one option being considered by the government ahead of a November 26 budget. “It’s not happening,” health minister Wes Streeting told the BBC. Finance Minister Rachel Reeves is widely expected to …
UK will not impose sales tax on private healthcare, minister says Read More »
