Reuters UK Business Archives - Page 502 of 3179

Apple says UK mobile market shake-up could harm users and developers

28 Aug 2025 28 Aug 2025

By Sam Tabahriti LONDON -Apple said on Thursday Britain’s plans to increase competition in the mobile operating system market could harm users and developers, and potentially force the company to share its technology with foreign competitors for free. Last month, Britain’s competition regulator told Apple and Android-owner Google to be fairer in how they distribute …

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Evonik to merge chemical services division in Marl and Wesseling

28 Aug 2025 28 Aug 2025

(Reuters) -German chemicals group Evonik Industries said on Thursday it would merge its sites in Marl and Wesseling into a single unit as a part of the company’s restructuring measures. The new company, Syneqt GmbH, is scheduled to begin operations on January 1 as Evonik’s wholly-owned subsidiary. It could be incorporated into a joint venture …

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Delivery Hero’s Q2 growth overshadowed by lowered profit guidance

28 Aug 2025 28 Aug 2025

By Linda Pasquini (Reuters) -Delivery Hero’s revenue for the second quarter came in slightly above expectations on Thursday, with the German online takeaway food company citing a stronger performance across several markets. But the performance was overshadowed by the company lowering its guidance for full year adjusted earnings late on Wednesday to reflect a hit …

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Pernod Ricard lifts hopes for recovery after hit from US, China

28 Aug 2025 28 Aug 2025

By Dominique Vidalon PARIS (Reuters) – Pernod Ricard shares rose as much as 8% on Thursday after the French spirits maker said it was expecting sales to improve in fiscal 2026, though the first quarter would still be hit by weak consumer demand and de-stocking in China and the United States. There was also relief …

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France’s Iliad drops Italian tie-up plan; Telecom Italia shares fall

28 Aug 2025 28 Aug 2025

By Gianluca Lo Nostro and Leo Marchandon (Reuters) -French telecommunications group Iliad will consider domestic consolidation opportunities but will not pursue further talks with Telecom Italia (TIM), its CEO said on Thursday, sending TIM’s shares down nearly 8%. Unlisted Iliad is eyeing consolidation mainly in its home market, as a potential carve-up of rival SFR …

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French finance minister sees no risk of financial crisis, despite political woes

28 Aug 2025 28 Aug 2025

By Leigh Thomas PARIS (Reuters) -Finance Minister Eric Lombard said on Thursday he did not see any risk of a financial crisis in France, seeking to reassure investors even as the government faces likely defeat in a confidence vote next month. French bonds and stocks took a beating on markets earlier this week as Prime …

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Bank of England allots record 75.65 billion pounds at short-term repo operation

28 Aug 2025 28 Aug 2025

LONDON (Reuters) -The Bank of England on Thursday allotted a record 75.652 billion pounds ($102.20 billion) in seven-day funds in its weekly short-term repo operation, higher than a previous record of 74.225 billion pounds set in July. The BoE has increasingly used its short-term repo operations as a way to provide banks with reserves as …

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Second German LNG terminal starts commercial operations at Wilhelmshaven

28 Aug 2025 28 Aug 2025

FRANKFURT (Reuters) -Germany will officially start commercial operations at its second liquefied natural gas import terminal at Wilhelmshaven port on Aug 29., state operator Deutsche Energy Terminal said on Thursday, as the country diversifies its energy supply. In response to Moscow’s invasion of Ukraine in 2022, Germany has turned to global, seaborne LNG to replace …

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Italy consumer sentiment worsens more than expected, business morale stable

28 Aug 2025 28 Aug 2025

ROME (Reuters) -Italian consumer morale fell by more than expected in August whereas businesses sentiment was stable, data showed on Thursday, in mixed signs for the euro zone’s third-largest economy. National statistics institute ISTAT’s consumer confidence index fell in August to 96.2 from 97.2 in the previous month. The figure was below a median forecast …

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Euro zone lending growth edges up to new 2-year high

28 Aug 2025 28 Aug 2025

FRANKFURT (Reuters) -Growth in euro zone bank lending accelerated to a fresh two-year high last month on the back of lower interest rates and a gradual economic recovery, European Central Bank data showed on Thursday. Loans to households grew by 2.4% in July, the biggest increase since April 2023, from 2.2 in June. Credit to …

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