Reuters UK Business

MANCHESTER, England (Reuters) -A rise in global temperatures to almost 3 degrees Celsius (5.4 degrees Fahrenheit) above pre-industrial levels would likely hurt Britain’s economy by much more than previously assumed, the Office for Budget Responsibility projected on Tuesday. “Taken together, in the 3 degrees central scenario the combined fiscal impacts of climate damage and mitigation …

Global 3C warming would hurt UK economy much more than previously predicted, OBR says Read More »

By Amanda Cooper LONDON (Reuters) -The pound rose on Tuesday, gaining against the likes of the yen after the U.S. announced 25% tariffs on imports from Japan and South Korea, as investors gravitated towards markets that are at less risk of being hit by hefty duties. U.S. President Donald Trump on Monday wrote to 14 …

Sterling gains broadly as Trump unveils tariff specifics Read More »

FRANKFURT (Reuters) -The European Union is increasingly trading with autocratic regimes, funding their often expansionary strategy and potentially aiding an existential challenge to the bloc itself, a European Central Bank blog post said on Tuesday. The EU has long prided itself on running a values-based economic policy, with trade relations taking into consideration factors such …

Trading with dictators, EU may be funding threats to itself, ECB says Read More »

COPENHAGEN (Reuters) -Sweden has signed agreements with Germany’s Rheinmetall and Norway’s Nammo worth over 5 billion crowns ($526.02 million) for artillery ammunition deliveries, its defence ministry said on Tuesday. “With this order, we are strengthening Sweden’s defence capability. It is an important investment in security for Sweden and NATO,” said Minister of Defence Pal Jonson …

Sweden signs $526 million ammunition deals with Rheinmetall and Nammo Read More »

COPENHAGEN (Reuters) -Budget carrier Norwegian said on Tuesday it had agreed to purchase three Boeing 737-800 aircraft that are currently on lease to the airline. (Reporting by Louise Breusch Rasmussen, editing by Stine Jacobsen)

ROME (Reuters) -BPER CEO Gianni Franco Papa expects “very positive” results for his bank in the second quarter of 2025, he said in an interview published on Tuesday, confirming guidance for the full year. Speaking to MF newspaper, Papa also said he was confident that BPER would go over a 50% take-up threshold in its …

BPER CEO expects ‘very positive’ Q2 results, confirms guidance Read More »