Reuters UK Business

By Helen Reid LONDON (Reuters) -Pandora, the world’s biggest jewellery brand by volume, expects fierce competition this Black Friday as retailers fight to lure shoppers with discounts at a time of weak consumer confidence, its chief commercial officer said on Friday. Black Friday typically draws crowds, but inflation and unemployment could dampen spending this year. …

World’s biggest jeweller Pandora braces for fierce Black Friday competition Read More »

By Marc Jones LONDON (Reuters) -The “big three” credit rating agencies have given a cautious thumbs up to Britain’s budget this week, regarding it as an ongoing push for fiscal consolidation by the government, albeit with a high degree of execution risk. Moody’s was the last of the main rating firms to give its assessment …

Credit rating agencies give cautious thumbs up to UK budget Read More »

By Sam Tabahriti LONDON (Reuters) -Britain’s government watered down plans to strengthen workers’ protection against unfair dismissal on Thursday, saying employees would get the new rights six months after starting a job, not from their first day as originally planned. The change – which followed talks with businesses that had warned that initial proposals would …

UK waters down unfair dismissal plan after business pushback Read More »

PARIS (Reuters) -French antitrust watchdog on Thursday dismissed a complaint filed against Microsoft by local search engine Qwant which accused the U.S. company of abusing its dominant position. The Autorite de la Concurrence, as the watchdog is known, said Qwant failed to bring elements sufficiently convincing to sustain its claims and also declined to enforce …

French antitrust watchdog dismisses complaint filed against Microsoft Read More »

By Mathias de Rozario (Reuters) -Forvia is looking to sell part of its car interiors unit as part of an ongoing push to trim its portfolio and reduce debt, it said on Friday. The car parts supplier has so far completed a quarter of the 1-billion-euro ($1.2 billion) divestment programme it announced in October 2023, …

Forvia to sell part of car interiors business as part of debt-cutting push Read More »