Reuters UK Business

LONDON (Reuters) -Britain’s Thames Water said on Wednesday the regulator had given it some breathing space to repay 123 million pounds ($166 million) worth of fines, as it continues to try to secure new funding to avoid temporary government nationalisation. Under the deal agreed with regulator Ofwat, almost 100 million pounds of what Thames Water …

Thames Water, battling to avoid administration, agrees fine payment plan Read More »

A look at the day ahead in European and global markets from Ankur Banerjee Markets have decided to nervously look away from the brewing Trump v Fed saga for now, putting the spotlight on the political crisis gripping France that has triggered a sharp selloff in stocks and bonds of the euro zone’s second-biggest economy. …

Morning Bid: Deja vu as France back in crisis Read More »

(Reuters) -Prudential unveiled on Wednesday a $1.1 billion share buyback plan and signalled higher dividends over the next two years, after posting a 12% rise in first-half new business profit on robust performance across key markets. The London- and Hong Kong-listed insurer plans to repurchase shares worth $500 million in 2026 and $600 million in …

Insurer Prudential unveils $1.1 billion buyback, first-half profit rises Read More »

By David Shepardson (Reuters) -Chrysler-parent Stellantis paid $190.6 million in penalties this year for not meeting U.S. fuel economy requirements, according to a government report and the Italian-U.S. automaker.  The National Highway Traffic Safety Administration said in an annual report that Stellantis paid $112.3 million in June and $78.3 million in March in payments for …

Stellantis paid $190.6 million in US fuel economy penalties this year, agency says Read More »

By Anna Hirtenstein and Marwa Rashad LONDON (Reuters) -U.S. and Russian government officials discussed several energy deals on the sidelines of negotiations this month that sought to achieve peace in Ukraine, according to five sources familiar with the talks. These deals were put forward as incentives to encourage the Kremlin to agree to peace in …

Exclusive-US and Russian officials discussed energy deals alongside latest Ukraine peace talks Read More »

LONDON (Reuters) -The London Stock Exchange has become the first company to win regulatory approval to operate a new platform allowing investors to trade shares in private companies, Britain’s financial watchdog said on Tuesday. The Financial Conduct Authority said the approval of the LSE as an operator of a Private Intermittent Securities and Capital Exchange …

London Stock Exchange wins first approval for private share platform Read More »

By Christian Martinez (Reuters) -The U.S. Department of Commerce issued affirmative determinations of anti-dumping and countervailing duties against 10 countries on Tuesday after investigations into corrosion-resistant steel products. The determinations cover $2.9 billion in imports from Australia, Brazil, Canada, Mexico, the Netherlands, South Africa, Taiwan, Turkey, the United Arab Emirates and Vietnam, the Commerce Department …

US Commerce Department affirms anti-dumping duties against 10 countries Read More »