Reuters UK Business

Pearson and Google team up to bring AI learning tools to classrooms

26 Jun 2025

LONDON (Reuters) -Pearson has entered a multi-year partnership with Alphabet’s Google cloud service, providing students with AI learning tools that also make teachers’ jobs easier, the British education company said on Thursday. The tie-up will focus on creating personalised learning tools powered by Google’s advanced artificial intelligence models for students in primary and secondary school. …

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BHP faces UK contempt charge for funding case over Brazil dam collapse

26 Jun 2025

LONDON (Reuters) -BHP faces a full contempt of court hearing in Britain for funding litigation to try to prevent some Brazilian municipalities suing the mining giant over one of Brazil’s worst environmental disasters, London’s High Court ruled on Thursday. Thursday’s ruling is the latest development in long-running litigation over the collapse in 2015 of the …

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Dutch consumer groups prepare legal action against Booking.com, alleging inflated hotel prices

26 Jun 2025

AMSTERDAM (Reuters) -Two Dutch consumer groups said on Wednesday they are seeking affected customers for a legal claim against Booking.com, one of the world’s largest online travel agencies, over what they described as inflated hotel prices since 2013. The Consumer Competition Claims Foundation (CCC) and the Consumers’ Association said in a statement that Booking.com had …

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Maersk reopens import cargo acceptance to Israel’s port of Haifa

26 Jun 2025

COPENHAGEN (Reuters) – Danish shipping company Maersk said on Thursday it had reopened cargo acceptance to Israel’s Haifa port for imports as of June 25 and that it expected to reopen exports from the location once a lower safety risk had been confirmed. Iranians and Israelis have sought to resume normal life after 12 days …

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Italy seizes $164 million from businessmen allegedly tied to ‘Ndrangheta mafia

26 Jun 2025

MILAN (Reuters) -An Italian court has confiscated assets in Italy and Germany worth over 140 million euros ($164 million) from five men active in the oil distribution industry who are accused of tax fraud and links to the ‘Ndrangheta, tax police said on Thursday. Guardia di Finanza police (Gdf) in the southern city of Reggio …

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AB Foods’ bioethanol plant set to be early victim of US-UK trade deal

26 Jun 2025

By James Davey (Reuters) -Associated British Foods said it would close the UK’s largest bioethanol plant by September if the government does not provide support and funding, potentially the first victim of Britain’s tariff deal with U.S. President Donald Trump. Under last month’s trade deal, the UK’s 19% tariffs on U.S. ethanol will fall to …

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Argentex unit accepts UK financial watchdog’s restrictions post collapse

26 Jun 2025

(Reuters) -Britain’s Argentex said on Thursday its unit has agreed to certain trading restrictions imposed by the UK’s Financial Conduct Authority following the currency risk manager’s collapse amid extended market volatility. Argentex, one of the first known casualties of the market turbulence brought on by trade tensions, experienced a near total collapse in value after …

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Norway’s Visma provisionally picks London for IPO, sources say

26 Jun 2025

By Charlie Conchie and Supantha Mukherjee LONDON (Reuters) -Norwegian software company Visma has provisionally chosen London over Amsterdam for its initial public offering next year, a boost to the London Stock Exchange after a barren period for new listings, two people familiar with the matter said. Visma considered an IPO in 2023 but instead raised …

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Britain vows to toughen its trade defences under new strategy

26 Jun 2025

By Alistair Smout LONDON (Reuters) -Britain said it would toughen up its trade defences to better protect industries amid a turbulent global outlook of trade wars and U.S. tariffs that has shaped its new trade strategy published on Thursday. The government said that “resurgent protectionism” meant it needed to rethink its approach and “take the …

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Bank of England’s Bailey says jobs market slowing but inflation outlook uncertain

26 Jun 2025

LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Thursday that a recent pickup in inflation created more uncertainty about the medium-term picture for price growth but he also noted signs of a slowdown in the jobs market in Britain. “In recent months, the evidence that slack is opening up has strengthened, especially in …

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