Reuters UK Business

Stafford Capital launches $1.2 billion timber fund, targets 8% yield

4 Dec 2025

By Simon Jessop LONDON, Dec 4 (Reuters) – Investor Stafford Capital Partners has consolidated assets from three timber funds into a new $1.2 billion fund, retaining nearly three-quarters of existing investors amid strong institutional demand for the assets. The Stafford International Timberland Continuation Fund will operate as a perpetual fund and include 74 assets from …

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Russia’s Medvedev says EU seizure of frozen assets could be tantamount to justification for war

4 Dec 2025

MOSCOW, Dec 4 (Reuters) – Dmitry Medvedev, the deputy chairman of Russia’s Security Council, said on Thursday that if the European Union takes frozen Russian assets, then it may be considered by Moscow as tantamount to an act justifying war. “If the crazy European Union does, after all, try to steal Russian assets frozen in …

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Strikes planned at LVMH’s drinks division starting on Friday – CGT union

4 Dec 2025

By Tassilo Hummel PARIS, Dec 4 – Some workers at LVMH’s wines and spirits division Moet Hennessy are planning a series of strikes starting on Friday to protest against a cut in annual bonuses, according to union leaflets seen by Reuters, in a sign of growing discontent at a business where profits have slumped. The …

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UK new car market expected to fall slightly in November, SMMT data shows

4 Dec 2025

Dec 4 (Reuters) – Britain’s new car market is expected to fall by around 1% in November, ahead of the UK’s budget which introduced new taxes on electric cars from April 2028, according to preliminary industry data released on Thursday. Electrified vehicles are set to mark their third consecutive month with over 50% share of …

UK new car market expected to fall slightly in November, SMMT data shows Read More »

Details of failed studies cast pall on Novo Nordisk’s GLP-1 as Alzheimer’s treatment

4 Dec 2025

By Deena Beasley and Julie Steenhuysen SAN DIEGO, Dec 3 (Reuters) – Details from two large trials of Novo Nordisk’s GLP-1 drug semaglutide showed it provided no cognitive benefit for people with early Alzheimer’s disease, researchers said at a medical meeting on Wednesday, dashing remaining hopes that the widely used medication could help such patients. …

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Tesla UK sales fall 19% in November, New Automotive data shows

4 Dec 2025

Dec 4 (Reuters) – Tesla’s UK car sales fell 19% year-on-year in November, preliminary data from research group New AutoMotive showed on Thursday, as the U.S. electric vehicle maker continues to lose ground in Europe to its Chinese rivals. After halving in October, the automaker’s registrations fell to 3,784 cars in November from 4,680 cars …

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Britain’s Great British Energy unveils plan to boost renewable power by 2030

4 Dec 2025

LONDON, Dec 4 (Reuters) – Great British Energy, a state-owned energy company, unveiled a five-year strategic plan on Thursday aimed at accelerating the country’s transition to renewable power to help meet its climate targets. Britain is seeking to largely decarbonise its power sector by 2030, a goal that it says will help drive down energy …

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Notable quotes from finance and markets speakers at the Reuters NEXT conference

4 Dec 2025

Dec 3 (Reuters) – Reuters is hosting the two-day Reuters NEXT conference in New York on Wednesday and Thursday, bringing together more than 700 international business leaders and policymakers to examine the biggest issues facing society, business and the world. The following are some notable quotes from speakers in the finance and markets sessions of …

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Germany, France, Spain to tackle fighter dispute next week, says source

4 Dec 2025

By Sabine Siebold and Tim Hepher BERLIN/PARIS, Dec 3 (Reuters) – German, French and Spanish defence ministers are set to meet on December 11 to discuss FCAS, Europe’s next-generation fighter project, whose future is threatened by industrial turf battles, a source familiar with the matter told Reuters on Wednesday. The 100-billion-euro ($117 billion) Future Combat …

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Adidas defeats appeal of lawsuit over imploded Ye partnership

3 Dec 2025

By Jonathan Stempel Dec 3 (Reuters) – Adidas defeated an appeal on Wednesday by U.S. shareholders who said the footwear and apparel maker fraudulently concealed antisemitic and other improper behavior by Ye, formerly known as Kanye West, before its partnership with the rapper and fashion designer imploded in 2022. The 9th U.S. Circuit Court of …

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