Reuters UK Business

(Reuters) -Britain’s antitrust watchdog on Friday said it has launched an investigation into U.S.-listed Getty Images’ $3.7 billion merger with rival Shutterstock. The Competition and Markets Authority said it set October 20 as the deadline for its phase 1 decision on the investigation. (Reporting by DhanushVignesh Babu and Raechel Thankam Job in Bengaluru; Editing by …

UK competition watchdog begins probe into Getty Images-Shutterstock deal Read More »

(Corrects paragraph 8 to say 2026 mid-year index target is 6,800 and not 6,600) (Reuters) -UBS Global Wealth Management lifted its year-end target for the S&P 500 index for the second time in two months, betting on corporate earnings strength, easing trade tensions and expectations of interest-rate cuts. It raised the target to 6,600 from …

UBS lifts S&P 500 annual target for second time in two months Read More »

BERLIN (Reuters) -German Economy Minister Katherina Reiche called urgently for economic reforms on Friday after the federal statistics office reported a stronger-than-expected slump in gross domestic product in the second quarter. “The figures illustrate the urgent need for action,” Reiche said in a statement, adding that “further-reaching and bold structural reforms are essential if the …

German economy minister says Q2 slump shows ‘urgent need for action’ Read More »

By Manya Saini and Niket Nishant (Reuters) -Big first-day gains by recent high-profile U.S. listings have raised questions over whether Wall Street banks — wary of volatility and economic uncertainty from sweeping U.S. tariffs — are pricing them too cautiously, benefiting investors but causing issuers to miss out. The 20 biggest U.S. IPOs this year …

Strong market debuts raise questions over cautious IPO pricing by Wall St banks Read More »

By Maria Martinez BERLIN (Reuters) -Germany’s economy shrank by 0.3% in the second quarter compared with the first three months of the year, as demand from its top trading partner the United States slowed following months of buying ahead in anticipation of U.S. tariffs. The statistics office revised on Friday its preliminary reading of a …

German economy shrank 0.3% in second quarter as US tariffs slowed exports Read More »