Reuters UK Business

TP aims to hand back 1.5 billion euros to shareholders by 2028

18 Jun 2025

By Dimitri Rhodes and Hugo Lhomedet (Reuters) -French call centre and office services group TP, formerly known as Teleperformance, on Wednesday announced new medium term targets including plans to return 1.5 billion euros to shareholders by 2028. The company, which provides decentralised customer service and moderation solutions, is betting on AI-powered solutions to improve its …

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Spain’s Iberia plans to increase long-haul fleet to 70 aircraft

18 Jun 2025

By Corina Pons MADRID (Reuters) -Iberia expects to increase its fleet of long-haul aircraft to 70 planes from 45 by the middle of the next decade, the Spanish airline said in a strategic plan released on Wednesday. Owned by International Consolidated Airlines, Iberia plans to invest 6 billion euros ($6.90 billion) as part of the …

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Fintech Klarna to launch $40 per month mobile plan in US

18 Jun 2025

By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish fintech Klarna on Wednesday said it would launch an unlimited mobile plan in the U.S., joining other finance companies moving into the telecoms business, including British rival Revolut. A number of fintechs, including Germany’s N26 and Brazil’s Nubank, have started offering mobile services in various countries as they seek …

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ECB’s Villeroy calls on EU to set deadlines for financial sovereignty

18 Jun 2025

MILAN (Reuters) -Top European Central Bank policymaker Francois Villeroy de Galhau urged the European Union to set up deadlines in order to speed up progress on financial integration and pooling its savings together to sustain investments. Speaking to students from all over Europe gathered in Milan for the Young Factor conference, Villeroy de Galhau said …

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ECB to keep flexible approach as Israel-Iran war heightens risks, Panetta says

18 Jun 2025

By Valentina Za MILAN (Reuters) -The European Central Bank will keep a flexible approach to monetary policy decisions against a backdrop where the conflict between Israel and Iran has compounded risks from Washington’s trade policy, a top policymaker said on Wednesday. ECB Governing Council member Fabio Panetta, who heads Italy’s central bank, said euro zone …

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UK inflation slows but oil price jump creates new problem for Bank of England

18 Jun 2025

By Andy Bruce and William Schomberg (Reuters) -British inflation cooled in May as expected by the Bank of England, which is set to keep interest rates on hold this week while it assesses international energy markets rocked by escalating conflict in the Middle East. Consumer prices rose in annual terms by 3.4% in May, the …

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French unions, employers set to hold last-ditch pensions talks next week

18 Jun 2025

(Corrects Astrid Panosyan-Bouvet’s title, paragraph 5) PARIS (Reuters) -French unions and employers negotiating changes to a 2023 pension reform are set to hold last-ditch talks next week, even as at least one major participant was not sure if it would join. Prime Minister Francois Bayrou had agreed earlier this year to reopen the subject of …

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Ukrainian MPs allow sale of petrol without mandatory 5% bioethanol until January 1

18 Jun 2025

KYIV (Reuters) -Ukraine’s parliament has until the end of this year temporarily authorised the sale of petrol without the mandatory 5% bioethanol content, cancelling fines and other penalties for companies selling such petrol, lawmakers said on Wednesday. Ukraine introduced the mandatory addition of 5% bioethanol to motor fuel from May 1 to meet EU sustainability …

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Poland’s Gaz-System to get $593 million loan for country’s floating LNG terminal

18 Jun 2025

WARSAW (Reuters) -Polish pipeline operator Gaz-System will receive a 2.2 billion zlotys ($593 million) loan from state bank BGK to finance the onshore segment of Poland’s first floating storage and regasification unit near Gdansk, BGK said on Wednesday. The loan, sourced from European Union funds, will finance construction of a 250-km (155-mile) pipeline that will …

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