Reuters UK Business

By Virginia Furness LONDON (Reuters) -British business leaders are putting a brake on their plans to combat climate change and do not believe the government’s approach to net zero is compatible with growth, a survey of 1,000 executives showed on Tuesday. Both large companies and small enterprises in health, construction, finance and manufacturing are turning …

British business slows climate action, sees government net zero agenda as unrealistic Read More »

By Tatiana Bautzer NEW YORK (Reuters) -Morgan Stanley has hired Aftab Shahsingh from UBS to lead industrial services coverage in its investment bank in North America, according to a source familiar with the situation.  Shahsingh has worked in industrial services for over 15 years and led more than 50 advisory and capital-raising transactions since 2020, …

Morgan Stanley hires Shahsingh from UBS to head North American industrial services IB Read More »

LONDON (Reuters) -Britain and ChatGPT maker OpenAI have signed a new strategic partnership to deepen collaboration on AI security research and explore investing in British AI infrastructure, such as data centres, the government said on Monday. “AI will be fundamental in driving the change we need to see across the country – whether that’s in …

UK and ChatGPT maker OpenAI sign new strategic partnership Read More »

By Elizabeth Howcroft (Reuters) -One of the founders of money transfer company Wise has urged shareholders to reject plans to move the company to the U.S. because the plans also include changes to the shareholder structure which he said were buried in the proposal. Founded in 2011 by two Estonians, Taavet Hinrikus and Kristo Kaarman, …

Wise co-founder opposes US listing proposal over voting rights changes Read More »

MADRID (Reuters) -Spain’s BBVA expects the acceptance period for its takeover bid for smaller rival Sabadell to start in early September, rather than at the end of July as initially planned, a spokesperson for BBVA said on Monday. The spokesperson for BBVA said this would allow the bank to include the most up-to-date information in …

Spain’s BBVA says expects acceptance period for Sabadell bid to start in September Read More »