Reuters UK Business

By Oliver Hirt, Ariane Luthi and Julie Zhu ZURICH/HONG KONG (Reuters) -UBS is briefing senior staff that the need to examine moving its HQ from Switzerland has grown since the government proposed new capital rules, a source with knowledge of the matter said, while another pointed to London as a favourite alternative. The Swiss government …

Exclusive-UBS steps up contingency planning as it tries to tame Swiss rules, sources say Read More »

(Reuters) -Italy’s state-controlled power grid operator Terna reported on Tuesday a 26.6% annual rise in its capital expenditure (CAPEX) in the first half, accelerating its investment in the Italian electricity system. The record high CAPEX totaled 1.32 billion euros ($1.52 billion) between January and June, the company said. Earnings before interest, taxes, depreciation and amortisation …

Italy’s Terna posts rise of over 26% in H1 capex Read More »

By Virginia Furness and Simon Jessop LONDON (Reuters) -Barclays made 500 million pounds ($666.20 million) in revenue from sustainable and low-carbon transition finance in 2024 and is looking to expand its climate planning efforts with clients, its sustainability chief told Reuters on Tuesday. The bank said it would stick to its net-zero emissions by mid-century …

Barclays chalks up 500 million pounds in revenues from sustainable finance Read More »

By Tassilo Hummel PARIS (Reuters) -A jump in standalone debt at Artemis, the Pinault family company that controls Gucci-owner Kering, is a “temporary spike”, and the company is not facing any liquidity problems due to a drop in dividends from Kering and other assets, it told Reuters. The investment vehicle also said that none of …

Exclusive-Pinaults’ Artemis says not facing financial strain despite Kering’s woes Read More »