Reuters UK Business

By Foo Yun Chee BRUSSELS (Reuters) -Prosus has offered to slash its Delivery Hero stake to below 10% and give up its board seat to address EU concerns over its 4.1 billion euro ($4.78 billion) Just Eat Takeaway deal, two people with direct knowledge of the matter said on Friday. Amsterdam-headquartered Prosus has proposed selling …

Prosus offers to slash Delivery Hero stake to address EU concerns about Just Eat deal Read More »

By Luiza Ilie BUCHAREST (Reuters) -Romania has concluded its 13 billion euro foreign debt issuance target for this year but does not rule out further issues to switch eurobonds maturing next year, the head of the debt agency, Stefan Nanu, said on Friday. Romania accessed foreign markets for a third time earlier this month amid …

Romania considers debt liability management to switch 2026 maturing eurobonds Read More »

By Kate Abnett and Enes Tunagur BRUSSELS, LONDON (Reuters) -Here are the details of the European Union’s 18th package of sanctions against Russia over its war in Ukraine, approved on Friday and aimed at dealing further blows to Russia’s oil and energy industry. OIL PRICE CAP Central to the package is a lower price cap …

What’s in the EU’s 18th sanctions package against Russia? Read More »

By Sanchayaita Roy and Twesha Dikshit (Reuters) -European shares were unchanged on Friday, as losses in heavyweight healthcare shares were countered by an advance in oil and gas stocks, closing out a busy week filled with corporate earnings from around the continent. The pan-European STOXX 600 index held steady at 547 points, clocking marginal weekly …

European shares end flat as markets assess earnings flurry Read More »

By Ankita Yadav (Reuters) -The UK’s FTSE 100 extended its winning streak to a fourth week on Friday, as investors looked past economic concerns to focus on the Bank of England’s policy path, while a slate of positive corporate updates also lifted mood. The internationally-oriented FTSE 100 closed 0.2% higher, adding 0.6% for the week, …

FTSE 100 logs fourth straight week of gains on rate cut optimism, earnings Read More »