Reuters UK Business

By Anastasiia Kozlova, Purvi Agarwal and Tharuniyaa . Dec 2 (Reuters) – European shares struggled to find direction on Tuesday as caution lingered in the wake of the previous day’s losses, while Bayer rocketed on the U.S. administration’s backing for measures to curb lawsuits related to its Roundup weedkiller. The pan-European STOXX 600 ended flat …

European shares little changed; Bayer surges on Trump administration backing Read More »

(Corrects hyperlinks in paragraphs 4 and 6) By Ahmed Rasheed BAGHDAD, Dec 2 (Reuters) – Exxon Mobil has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil’s majority stake in the giant West Qurna 2 oilfield, five Iraqi official sources with direct knowledge of the matter told Reuters. Lukoil is …

Exxon in talks with Iraq about buying Lukoil stake in giant West Qurna 2 oilfield, sources say Read More »

By Emma Pinedo and Jesus Calero MADRID, Dec 2 (Reuters) – A task force of EU vets began work in Barcelona on Tuesday to help contain an African swine fever outbreak as Spain, one of the world’s leading pork exporters, said the number of wild boars found infected with the virus rose to nine. The …

EU vets assess Barcelona swine fever outbreak as cases rise to nine Read More »

Dec 2 (Reuters) – The UK’s FTSE 100 ended flat on Tuesday as financial stocks rose after the Bank of England eased capital requirements for lenders in a bid to boost growth, while consumer staples and mining shares declined. The blue-chip FTSE 100 closed flat, while midcap FTSE 250 dipped 0.2%. The broader banks index …

UK’s FTSE 100 flat as financials gain and consumer staples, mining stocks slide Read More »

(Refiles to clarify sourcing in paragraph 2) By Foo Yun Chee and Inti Landauro BRUSSELS, Dec 2 (Reuters) – Apple can be sued in a Dutch court for antitrust damages, Europe’s highest court said on Tuesday, backing two foundations seeking potentially hundreds of millions of euros in compensation for users affected by the iPhone maker’s …

Apple faces multimillion-euro Dutch antitrust damages claims after EU’s top court ruling Read More »

LONDON, Dec 2 (Reuters) – HSBC’s interim chairman Brendan Nelson is not seeking the role on a permanent basis, the bank’s Chief Executive Georges Elhedery told an event in London on Tuesday amid a protracted search for the lender’s next chair. “We’ve had a chair since the first of October in Brendan Nelson, who’s expressed …

HSBC interim chair Nelson ruled himself out of permanent role, CEO says Read More »

By Elizabeth Howcroft and Jesús Aguado PARIS/MADRID, Dec 2 (Reuters) – A group of 10 European banks, including ING, UniCredit and BNP Paribas, have formed a company to launch a euro-pegged stablecoin in the second half of 2026, in a move they hope will counter U.S. dominance in digital payments. The CEO of the Amsterdam-based …

European banks led by BNP, ING push ahead on euro stablecoin plan Read More »

By Yamini Kalia Dec 2 (Reuters) – U.S. activist investor Saba Capital has blocked a proposed merger of two London-listed Baillie Gifford-managed investment trusts, the firms said on Tuesday, in the latest tussle between Boaz Weinstein’s hedge fund and the pooled investment vehicles. Baillie Gifford US Growth Trust and Edinburgh Worldwide Investment Trust (EWIT) said …

US investor Saba Capital blocks merger of Baillie Gifford-managed trusts in London Read More »

By Catarina Demony and Marissa Davison LONDON, Dec 2 (Reuters) – In a labour market where artificial intelligence is quickly transforming and sometimes replacing jobs, student Maryna Yaroshenko wanted to find a future-proof career that offered long-term stability. Like a growing number of young people in Britain and beyond, 18-year-old Yaroshenko opted for a skilled …

Fearing AI job losses, some young workers in Britain shift towards skilled trades Read More »