Reuters UK Business

FTSE 100 gains on healthcare, defence rally; focus on Ukraine peace talks

18 Aug 2025

(Reuters) -Britain’s FTSE 100 closed higher on Monday, propelled by gains in healthcare and defence stocks, while investors kept a watch on U.S.-brokered peace talks aimed at ending the Russia-Ukraine war. The blue-chip FTSE 100 finished 0.2% up after dipping earlier in the session. However, the benchmark was still well below Friday’s intraday record high. …

FTSE 100 gains on healthcare, defence rally; focus on Ukraine peace talks Read More »

Ukraine says U.S. investment fund delegation will visit in September

18 Aug 2025

KYIV (Reuters) -Ukrainian officials working on a joint investment fund with the U.S. are preparing for a visit by their American counterparts in September, Kyiv’s economy minister said on Monday. Ukraine and the U.S. established the fund this year as part of a critical minerals deal aimed at shoring up ties and eventually rebuilding swathes …

Ukraine says U.S. investment fund delegation will visit in September Read More »

European shares muted as markets await Ukraine talks after US-Russia summit

18 Aug 2025

By Twesha Dikshit and Purvi Agarwal (Reuters) -European shares were subdued on Monday, ahead of key meetings between Ukraine, European leaders and U.S. President Donald Trump, following a Russia-U.S. summit that ended without an immediate agreement. The pan-European STOXX 600 index closed 0.1% up, after logging a second straight weekly gain on Friday. Ukraine’s Volodymyr …

European shares muted as markets await Ukraine talks after US-Russia summit Read More »

BlackRock’s GIP to take stake in Eni’s carbon capture business

18 Aug 2025

By Francesca Landini MILAN (Reuters) -U.S. asset manager BlackRock’s infrastructure fund GIP has agreed to buy a 49.99% stake in Eni’s carbon capture and storage business (CCUS), the Italian company said on Monday without disclosing the value of the deal. The proposed deal is part of Eni’s broader strategy to sell minority stakes in satellite …

BlackRock’s GIP to take stake in Eni’s carbon capture business Read More »

Russian oil flows to Hungary and Slovakia halted after Ukrainian attack

18 Aug 2025

By Anita Komuves BUDAPEST (Reuters) -Russian crude oil flows to Hungary and Slovakia via the Druzhba pipeline were halted on Monday, officials in Hungary and Slovakia said, with Budapest blaming a Ukrainian attack on a part of the network. Ukraine has stepped up attacks on Russia’s energy infrastructure, a key conduit for generating money for …

Russian oil flows to Hungary and Slovakia halted after Ukrainian attack Read More »

Norway wealth fund excludes six Israeli companies linked to West Bank, Gaza

18 Aug 2025

By Gwladys Fouche and Louise Rasmussen OSLO/COPENHAGEN (Reuters) -Norway’s sovereign wealth fund, the world’s largest, will exclude another six Israeli companies with connections to the West Bank and Gaza from its portfolio following an ethics review, it said on Monday. The $2 trillion wealth fund did not name the companies it had decided to exclude …

Norway wealth fund excludes six Israeli companies linked to West Bank, Gaza Read More »

Tesla almost halves UK monthly lease fee as sales slump, The Times reports

18 Aug 2025

(Reuters) -British motorists can now lease a Tesla electric vehicle for just over half of what they would have paid a year ago, The Times reported on Monday, citing industry sources. Tesla has been forced to offer discounts of up to 40% to car leasing companies to shift more units, the report said. The discounts …

Tesla almost halves UK monthly lease fee as sales slump, The Times reports Read More »

German home building permits rise 7.9% in June as sector wobbles

18 Aug 2025

FRANKFURT (Reuters) -Home building permits in Germany rose 7.9% in June from a year earlier, statistics office data showed on Monday, as the nation’s troubled property industry continues to find its footing. The monthly increase is from low levels and follows a drop in the previous month. Germany’s property sector, which began to shrink in …

German home building permits rise 7.9% in June as sector wobbles Read More »

Shares in Novo Nordisk rise after Wegovy gets US nod for liver disease treatment

18 Aug 2025

By Jacob Gronholt-Pedersen COPENHAGEN, DENMARK (Reuters) -Shares in Novo Nordisk rose on Monday, after it got U.S. approval for its weight-loss drug Wegovy to treat a serious liver condition, positive news for the drugmaker that lost more than one-third of its market value in recent weeks. Novo’s shares rose as much as 5% at opening …

Shares in Novo Nordisk rise after Wegovy gets US nod for liver disease treatment Read More »

L&G and Federated Hermes merge $6.37 billion UK property funds

18 Aug 2025

(Reuters) -Legal & General (L&G) and Federated Hermes Property Unit Trust (FHPUT) have merged their UK property funds to create a combined portfolio valued at 4.7 billion pounds ($6.37 billion), L&G said on Monday.  Commercial property investments have been hammered since the pandemic by higher borrowing costs and changing working patterns. The deal comes as …

L&G and Federated Hermes merge $6.37 billion UK property funds Read More »

Close Bitnami banner
Bitnami