Reuters UK Business

By Emma Rumney and Soren Jeppesen LONDON/COPENHAGEN (Reuters) -Carlsberg missed half-year profit and volume forecasts on Thursday and warned it did not expect the consumer environment to improve in the rest of 2025, sending the Danish brewer’s shares down almost 7% in early trading. The latest report by the world’s third-largest brewer – behind Anheuser-Busch …

Carlsberg half-year profits miss expectations, warns of tough year Read More »

By Ozan Ergenay (Reuters) -Speciality chemicals maker Lanxess on Thursday cut its annual profit guidance more severely than expected, due to weak demand, and said a global trade war was creating “massive uncertainty” for the industry. The company now expects earnings before interest, taxes, depreciation and amortisation (EBITDA), stripping out one-off items, of 528 million …

Lanxess cuts profit guidance as tariffs weigh Read More »

TOKYO (Reuters) -Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the Federal Reserve added to tailwinds from recently announced financial reforms. The world’s largest crypto-asset by market capitalisation climbed as much as 0.9% to $124,002.49 in early Asia trading, surpassing its previous peak hit in July. On the …

Bitcoin hits fresh record as Fed easing bets add to tailwinds Read More »

By Hadeel Al Sayegh and Luke Tyson DUBAI (Reuters) -In a city famed for transforming desert into skyline, developers are taking the building process into their own hands as they seek to turbo-charge a property boom and maximise cash flow. A growing number of major UAE developers are setting up in-house contracting firms, after long …

Dubai developers bring construction in-house as demand surges Read More »

LONDON (Reuters) -British insurer Aviva raised its interim dividend on Thursday after reporting a 22% jump in half-year operating profit, driven by strong growth in general insurance premiums and inflows into its wealth business. The earnings topped analyst forecasts, helping to drive the company’s shares 4% higher in early trading to a new 17-year high. …

Insurer Aviva raises dividend after jump in half-year profit Read More »

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUSSELDORF (Reuters) -Germany’s biggest power producer RWE posted lower-than-expected first-half core profit on Thursday, which it attributed to weak wind conditions and a muted trading business. First-half adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) fell by more than a quarter to 2.14 billion euros ($2.50 billion), missing …

Power producer RWE’s first-half core profit hit by wind conditions, trading Read More »