Reuters UK Business

By Yadarisa Shabong and Raechel Thankam Job (Reuters) -Whitbread warned on Friday that British budget measures would cost the Premier Inn owner 40-50 million pounds ($66 million) in its next fiscal year, as a sharp increase in business rates threatened to squeeze its margins. Finance minister Rachel Reeves’ budget raised taxes on high-value commercial properties, …

Premier Inn owner Whitbread warns on impact of UK property tax Read More »

By Maria Martinez BERLIN (Reuters) -German inflation accelerated more than expected in November, reaching the highest level since February, while the number of people out of work rose and retail sales fell. The mixed signals come as Germany experiences a sluggish recovery after two years of contraction. The economy is expected to grow by only …

German inflation rises more than expected; labour market, retail sales weak Read More »

FRANKFURT (Reuters) -Euro zone growth and inflation remain on a benign path, a slew of fresh data suggested on Friday, supporting economists’ bets that no further European Central Bank rate cuts are coming in the near future. Growth has been surprisingly resilient to trade uncertainty, thanks in part to a tight labour market, and inflation …

Euro zone growth, inflation on benign path, keeping rate cut bets muted Read More »

FLORENCE, Italy (Reuters) -Prada’s <1913.HK> Chief Executive Andrea Guerra said on Friday the Italian luxury group has no further acquisitions in the pipeline after the takeover of Versace, which is expected to be completed next week.  “We’ll be fully engaged with Versace for at least three years,” Guerra told journalists on the sidelines of an …

Prada CEO sees no further acquisitions after Versace closing next week Read More »

By Inti Landauro and Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators will examine whether Apple’s Apple Ads and Apple Maps should be subject to the onerous requirements of the bloc’s digital rules after both services hit key criteria, with the U.S. tech giant saying they should be exempted. Apple’s App Store, iOS operating system …

EU to examine if Apple Ads and Maps subject to tough rules, Apple says no Read More »

(Corrects title of Google executive in paragraph 4 to head of government affairs and public policy from senior director) By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google on Friday dropped its EU antitrust complaint about rival Microsoft’s cloud computing practices, a week after EU regulators launched an investigation to see if Microsoft should be subject …

Google ditches EU antitrust complaint about Microsoft cloud amid EU probe Read More »

BERLIN (Reuters) -German inflation rose more than expected, to 2.6% year on year in November, preliminary data from the federal statistics office showed on Friday. Analysts polled by Reuters had forecast EU-harmonised inflation nudging up to 2.4% from last month’s 2.3%. (Reporting by Miranda Murray and Friederike Heine)

FRANKFURT (Reuters) -Germany’s Lufthansa wants to increase profitability at its core brand next year after it is set to return to the black this year, Lufthansa Airlines’ CEO Jens Ritter said on Thursday. Lufthansa Airlines will achieve all targets for the current year in its cost-cutting and service programme that runs until 2028, “and with …

Lufthansa Airlines aims to increase profitability in 2026, says CEO Read More »