Reuters UK Business

UBS says Swiss capital plan ‘disproportionate’, would weaken bank and economy

30 Sep 2025

By John Revill ZURICH (Reuters) -UBS on Tuesday said government plans for Switzerland’s biggest bank to hold more capital were “disproportionate” and “out of touch with reality”, as it stepped up its campaign against the proposals. The measures, drafted to make the Swiss financial sector more secure in the wake of the 2023 Credit Suisse …

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BBVA tries to lure Sabadell shareholders, board recommendation on bid due

30 Sep 2025

By Jesús Aguado MADRID (Reuters) -Spain’s BBVA said its shareholders and those of Sabadell who tender their shares in its hostile takeover bid will receive a record interim dividend against 2025 results. Investors will receive an interim gross dividend of 0.32 euros ($0.38) per share in cash on November 7, a 10.3% increase compared to …

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EIB speeds up defence deal approvals; sector spending on track

30 Sep 2025

By Karin Strohecker and Simon Jessop LONDON (Reuters) -The European Investment Bank has cut the decision making time for security and defence projects to six months and expects to see the sector’s share of total spending meet or exceed a 3.5% target in 2025 before growing further, its president told Reuters. The European Union has been …

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British Insurer Legal & General CFO Jeff Davies to step down in December

30 Sep 2025

(Reuters) -Britain’s Legal & General said on Tuesday that Chief Financial Officer Jeff Davies would be stepping down from the role at the end of 2025 to pursue opportunities at another insurer. Andrew Kail, currently the chief executive officer of L&G’s largest division Institutional Retirement, will be succeeding Davies as group finance chief on December 1. …

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Eutelsat needs to close funding gap to gain ground on Starlink

30 Sep 2025

By Gianluca Lo Nostro and Florence Loeve GDANSK/PARIS (Reuters) -Satellite operator Eutelsat must secure investment from more European countries to bolster its efforts to challenge billionaire Elon Musk’s Starlink, EU lawmakers and analysts say following a commitment by France. The debt-laden Franco-British company has gained unprecedented attention this year from European governments as the policies …

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German import prices down 1.5% y/y in August

30 Sep 2025

(Reuters) -German import prices decreased by 1.5% year on year in August, the statistics office said on Tuesday. Analysts polled by Reuters had predicted a 1.4% decrease. The statistics office offers more detailed economic data on its website. (Reporting by Tristan Veyet in Gdansk, Editing by Miranda Murray)

Spain’s ratings upgrades add to sunny outlook for markets bull run

30 Sep 2025

By Joice Alves and Javi West Larrañaga (Reuters) -Spain has enjoyed its place in the sun in markets for several years now with a buoyant economy and robust corporate sector, and with its creditworthiness getting a triple upgrade it looks set to widen its lead over its stagnating euro zone neighbours. Spain’s stock market has routinely …

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Poland’s JSW posts second-quarter loss as weak coal prices, high costs weigh

30 Sep 2025

(Reuters) -Polish state-controlled coal miner JSW reported a net loss of 724.1 million zlotys ($198.99 million) for the second quarter late on Monday, compared to a loss of 6 billion zlotys in the same period a year ago. The loss was bigger than the 658 million zlotys analysts polled by Reuters had expected, but an …

Poland’s JSW posts second-quarter loss as weak coal prices, high costs weigh Read More »

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