Reuters UK Business

By Stephen Nellis SAN FRANCISCO (Reuters) -When Apple debuts new iPhones on Tuesday, analysts say its biggest challenge will be to ride out another ho-hum launch as rivals have skated past it in embedding artificial intelligence into their products and services.  The biggest draw this year could be a rumored “iPhone Air”, a phone slimmer …

Apple iPhone event may lack sparkle, but rumored iPhone Air likely to spur upgrades Read More »

(Reuters) -HSBC and Deutsche Bank on Monday pushed back their forecasts for Bank of England rate cuts, citing persistently high inflation and growing uncertainty over the timing of monetary easing. HSBC expects the BoE to keep interest rates steady until April 2026, shifting from its earlier view that the central bank would lower rates every …

HSBC, Deutsche Bank push back BoE rate cut forecasts as inflation clouds outlook Read More »

(Reuters) -The U.S. National Highway Traffic Safety Administration said on Monday it had opened a probe into about 287,000 Stellantis’ Chrysler minivans over concerns related to their electric power steering. The probe covers Chrysler Pacifica from model years 2017 to 2018. The auto safety regulator said it had received reports that the steering system could …

NHTSA opens probe into 287,000 Chrysler minivans over steering issues Read More »

BERLIN (Reuters) -The German government has extended its trusteeship over the German assets of Russian oil producer Rosneft until March 10 next year, the economy ministry in Berlin said on Monday. It marks the sixth time the trusteeship, which has to be renewed every six months, has been extended and comes shortly before a deadline …

Germany extends trusteeship of Rosneft assets to March Read More »

FRANKFURT (Reuters) -The European Central Bank is easing some of the checks it makes on euro zone banks, from how lenders get approval for share buybacks to how stress tests are carried out, ECB supervisor Sharon Donnery said on Monday. The ECB is coming under pressure from lenders it oversees to ease the supervisory burden …

ECB eases bank checks from buybacks to stress tests, Donnery says Read More »

ROME (Reuters) -Italian bank UniCredit said on Monday it would partner with French peer BNP Paribas for custody services, under an ongoing push to streamline its operations and partnerships. The move comes after the bank in January announced a decision to bring in-house its back-office activities for securities services, standardising suppliers across countries. UniCredit used …

UniCredit picks BNP Paribas for custody services replacing SGSS, CACEIS Read More »

HELSINKI (Reuters) -Sweden will cut taxes by around 30 billion Swedish Crowns ($3.20 billion) in 2026, Finance Minister Elisabeth Svantesson said on Monday. The cuts will among others be aimed at income, pensions and electricity, she added. ($1 = 9.3842 Swedish crowns) (Reporting by Anna Ringstrom, editing by)