By Jakob Van Calster and Mateusz Rabiega Dec 10 (Reuters) – Insurer Aegon said on Wednesday it would move its legal domicile and head office to the United States, as it continues to restructure its business to focus on U.S. growth. It aims to complete the move by January 1, 2028, at which time the …
Insurer Aegon to move headquarters to US, rebrand as Transamerica by 2028 Read More »
By Alistair Smout LONDON, Dec 10 (Reuters) – The British government said on Wednesday that the proportion of revenues from new medicine sales pharmaceutical firms need to pay back into England’s National Health Service would fall in 2026 following a tariff deal with the United States. The pharma sector has criticised the record rebates it …
UK medicine rebate rate to drop in 2026 after US pharma deal Read More »
FRANKFURT, Dec 10 (Reuters) – Germany’s energy regulator has proposed new rules that would let power grid operators earn at least 1.4% more from 2029, when the next five-year regulatory period begins. In exchange, about 900 qualifying companies will face tougher efficiency targets under stronger incentives, the Bundesnetzagentur said ahead of a media call. “Investments …
German regulator to allow higher power grid earnings from 2029 Read More »
(Adds blog post) Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at ONE BITCOIN BULL HAS CUT THEIR FORECAST AS “COLD BREEZE” BLOWS Standard Chartered, one of the staunchest bitcoin advocates, has cut its price forecasts for 2025 and 2026 in …
One bitcoin bull has cut their forecast as “cold breeze” blows Read More »
By Foo Yun Chee BRUSSELS, Dec 10 (Reuters) – U.S. chipmaker Intel lost its challenge against a 376 million euros ($438 million) EU antitrust fine imposed two years ago for thwarting rivals but gained some solace as Europe’s second-highest court slashed the penalty by a third on Wednesday. The European Commission, which acts as the …
Intel loses challenge against EU antitrust ruling but wins reduced fine Read More »
Dec 10 (Reuters) – HSBC is preparing to pay around $300 million to settle a French criminal investigation into its alleged role in the “cum-cum” tax scandal, Bloomberg News reported on Wednesday, citing people familiar with the matter. HSBC said in October it had made a $300 million provision against probes into cum-cum trades, which …
HSBC to pay about $300 million to settle French tax probe, Bloomberg reports Read More »
OSLO, Dec 10 (Reuters) – Norway’s $2 trillion wealth fund is being cautious about investing in data centres given sector volatility, its new head of real estate investments told Reuters. “We don’t have any active plans to make investments there,” said Alexander Knapp, the new head of real estate for Norges Bank Investment Management (NBIM), …
Norway’s $2 trillion sovereign fund cautious on volatile data centres Read More »
By Stefano Rebaudo Dec 10 (Reuters) – Sterling edged up against the dollar and was roughly unchanged versus the euro as investors braced for the Federal Reserve policy meeting outcome due later in the session and data on British economic growth on Friday. The greenback slipped against the euro and yen, with investors bracing for …
Sterling edges up vs dollar, flat versus euro, Fed in focus Read More »
Dec 10 (Reuters) – Britain’s FirstGroup has been named the preferred operator for London’s Overground suburban rail network in a contract worth around 3 billion pounds ($4 billion), the company said on Wednesday, sending its shares up more than 5%. Subsidiary First Rail London will take over operations from Arriva Rail London in May 2026 …
FirstGroup wins $4 billion London Overground rail contract, shares rise Read More »
Dec 10 (Reuters) – Homebuilder Berkeley kept its annual guidance on Wednesday and voiced confidence in the long-term outlook for London, its key market, despite reporting a drop in half-year profit and deliveries in the run-up to last month’s budget. The London and South-East England-focused builder reported a 7.7% drop in pre-tax profit to 254 million …
Homebuilder Berkeley confident on London outlook despite weaker first-half Read More »
