Reuters UK Business

DUBLIN (Reuters) -Irish manufacturing activity grew at the fastest pace in more than three years in June as the sector brushed off concerns about global trade, hired more staff and increased purchasing, a survey showed on Tuesday. The AIB Ireland Manufacturing Purchasing Managers’ Index (PMI) rose to 53.7 from 52.6 in May, marking the highest …

Irish factory activity grows at fastest pace in over three years, PMI shows Read More »

LONDON (Reuters) -British food prices accelerated by the most since March 2024 in June, pushing up overall shop prices rose for the first time in nearly a year, according to a survey on Tuesday from a retail industry group which warned price pressures may rise again. Food prices jumped by 3.7% compared with June last …

UK food prices push up shop price inflation for first time in nearly a year Read More »

By Susanna Twidale LONDON (Reuters) -The Crown Estate, which manages King Charles’ public property, reported an annual net profit of 1.15 billion pounds ($1.57 billion) on Tuesday, similar to the previous year, with offshore wind leases its biggest source of revenue. The Crown Estate, which comprises tracts of land and most of Britain’s sea bed, …

Britain’s Crown Estate reports profit of 1.15 billion pounds, led by offshore wind Read More »

MIAMI (Reuters) -Kylian Mbappe looks set to make his Club World Cup debut when his Real Madrid side face Juventus in the last 16 at the Hard Rock Stadium on Tuesday, coach Xabi Alonso said. “It’s a big possibility,” Alonso told a press conference on Monday when asked if the France forward, who missed all …

Soccer-Mbappe set for Club World Cup debut with Real Madrid Read More »

-OpenAI said it has no active plans to use Google’s in-house chip to power its products, two days after Reuters and other news outlets reported on the AI lab’s move to turn to its competitor’s artificial intelligence chips to meet growing demand.  A spokesperson for OpenAI said on Sunday that while the AI lab is in …

OpenAI says it has no plan to use Google’s in-house chip  Read More »

By Virginia Furness and Kate Abnett (Reuters) -More than 100 companies and investors on Tuesday warned against rolling back European sustainability rules that they said support economic growth, as the EU negotiates cuts to the rules to reduce costs for local industries.  A group of 29 businesses and 80 investors and financial institutions including EDF, …

Businesses urge EU not to weaken sustainability rules Read More »