Reuters UK Business

By Purvi Agarwal, Sanchayaita Roy and Pranav Kashyap (Reuters) -European shares rose for a second straight week, buoyed by robust U.S. employment figures and diminishing concerns over trade friction that had previously rattled investor confidence. The pan-European STOXX 600 rose 0.3% on Friday, and logged a 0.6% gain for the week. The United States’ better-than-expected …

European equities gain for second week on jobs data and trade hopes Read More »

By Foo Yun Chee BRUSSELS (Reuters) -Elon Musk’s social media company X has highlighted a disclaimer to its blue checkmark in an attempt to head off a possible hefty fine from EU antitrust regulators, a person familiar with the matter said. The European Commission in July last year charged X with deceiving users, saying that …

X plays up blue checkmark disclaimer to stave off possible EU fine, source says Read More »

By Shashwat Chauhan (Reuters) -British equities rose in broad-based gains on Friday after a U.S. jobs report allayed concerns of an economic slowdown in the world’s biggest economy, with both UK blue-chips and midcaps clocking weekly advances. Global risk assets ticked higher after data showed U.S. job growth slowed in May amid uncertainty around U.S. …

London stocks advance after US jobs data quells slowdown worries Read More »

By Anna Peverieri (Reuters) -French software company Dassault Systemes extended the target timeframe of its medium-term forecast by one year on Friday and cut its revenue growth outlook for the same period, as weak auto demand and tariff-driven uncertainty weighs on its business. The group, which sells its software to automakers, plane makers and industrial …

France’s Dassault Systemes delays earnings target timeline until 2029 Read More »

By David Milliken LONDON (Reuters) -More upbeat business surveys and strong first-quarter GDP show the British economy is recovering from a weak end to 2024, but the public remain restless about slow improvements to living standards, finance minister Rachel Reeves said on Thursday. “The most recent GDP (gross domestic product) numbers, 0.7% growth in the …

UK’s Reeves says economy is turning a corner but public restless Read More »

(Reuters) -German agricultural supplies trader BayWa said on Friday its restructuring plan was confirmed by a Munich court, after it was approved by investors and creditors. The restructuring plan is to be implemented as soon as the confirmation becomes legally binding, the company added. The Munich-based trader of farming supplies and produce has been grappling …

BayWa says court confirms restructuring plan Read More »

BERLIN (Reuters) -German Chancellor Friedrich Merz said on Friday that he would pursue a deal under which U.S. cars could be imported into Europe duty free in exchange for tariff waivers on the same number of vehicles exported to the United States. Speaking at an event in Berlin just hours after his inaugural trip to …

Germany’s Merz eyes car tariff offsetting mechanism after Trump talks Read More »

MILAN (Reuters) -Italy’s largest automotive groups, led by Stellantis, and unions on Friday signed an agreement for an overall 6.6% salary increase over the 2025-2026 period for their workers in Italy, further helping them cover the inflation peak in recent years. A first 3.7% increase will take effect from this month, while wages will rise …

Stellantis, Ferrari workers in Italy agree salary increases over 2025-2026 period Read More »