Reuters UK Business

Credit Agricole working with DB, Rothschild on possible Banco BPM deal, sources say

19 Sep 2025

MILAN (Reuters) -Credit Agricole has been working with Deutsche Bank and Rothschild on a potential merger of its Italian arm with Banco BPM, three sources said. Banco BPM is weighing tie-up options after escaping a takeover attempt by bigger rival UniCredit, amid a wave of consolidation reshaping Italy’s banking sector. Banco BPM Chief Executive Giuseppe …

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BHP likely to name first female CEO in its 140-year history, FT reports

19 Sep 2025

(Reuters) -BHP Group is likely to appoint Geraldine Slattery, the head of its Australia operations, as its first female chief executive in its 140-year history, the Financial Times reported on Friday. If appointed, Slattery will be one of only a handful of female CEOs at major global mining firms, with a previous notable name being …

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Ferragamo family reiterates it is not interested in any “extraordinary” deals

19 Sep 2025

MILAN (Reuters) – The Ferragamo family said on Friday it was not interested in any kind of “extraordinary transactions” involving the eponymous luxury company. According to traders, low stock prices have triggered speculation about possible mergers or acquisitions, sending shares up. “The family has already clearly stated in the past that it is not interested …

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Commodity trader Mercuria bets on boom with foray into uranium, sources say

19 Sep 2025

By Eric Onstad LONDON (Reuters) – Mercuria has become the first major commodity house to launch physical trading in uranium, joining banks Natixis and Citibank, as an expected nuclear energy boom fuels interest in the niche market, three sources with knowledge of the matter told Reuters. Mercuria began uranium trading earlier this year, the sources …

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Analysis-BlackRock, Vanguard scale back company talks as new guidance bites

19 Sep 2025

By Ross Kerber (Reuters) – The world’s two biggest asset managers sharply scaled back the number of meetings held with company bosses this year, disclosures show, as new guidance made it harder to discuss topics like climate change and diversity. The shifts by BlackRock and Vanguard came in the wake of new guidance in February from …

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Dutch government opts to sell TenneT stake to investor group, Telegraaf reports

19 Sep 2025

AMSTERDAM (Reuters) – The Dutch government has decided to sell a minority stake in the German arm of power grid company TenneT to a group of investors, Dutch newspaper De Telegraaf reported on Friday, citing sources close to the matter. Dutch Finance minister Eelco Heinen earlier on Friday said he had briefed parliament in confidence …

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After Trump pressure, EU aims to bring forward Russian LNG import ban

19 Sep 2025

By Julia Payne, Lili Bayer and John Irish BRUSSELS (Reuters) – The European Union plans to ban Russian LNG imports into the bloc a year earlier than envisaged as part of a 19th package of sanctions against Moscow, EU officials said on Friday, a change that follows pressure from U.S. President Donald Trump. “The revenues …

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Swedish central bank seen on hold next week, but rate cut not ruled out, Reuters poll shows

19 Sep 2025

STOCKHOLM (Reuters) – Sweden’s central bank is expected to keep its policy rate on hold next week, but polled analysts were almost evenly divided between those expecting no change from 2.00% and those seeing a cut to 1.75%. Twelve of 22 analysts in a Reuters poll saw rates remaining unchanged. However, 14 of 22 saw …

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Factbox-What’s in the EU’s proposed 19th package of Russia sanctions

19 Sep 2025

By Julia Payne BRUSSELS (Reuters) – The European Commission proposed on Friday its 19th package of sanctions against Russia over its full-scale invasion of Ukraine in 2022. Member states will now have to discuss the package before adopting it unanimously.  Here are the details: ENERGY MEASURES * A ban on Russian liquefied natural gas from …

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UK assesses supply chain fallout from Jaguar Land Rover cyberattack

19 Sep 2025

LONDON (Reuters) – Britain’s government said on Friday it was working closely with Jaguar Land Rover (JLR) to understand the impacts on the supply chain after a cyber incident at the country’s biggest carmaker stopped production more than three weeks ago. JLR warned earlier this week its factories would stay shut until September 24, after …

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