Reuters UK Business

By Gianluca Lo Nostro (Reuters) -French satellite operator Eutelsat met quarterly revenue estimates on Thursday, as the European rival to SpaceX’s Starlink attracted new government customers for its OneWeb satellites. The group’s total revenue in the third quarter of the 2024-25 fiscal year that ended in March was 300 million euros ($335.46 million), a 1.9% …

Eutelsat revenue on track as Starlink rival gains government customers Read More »

(Reuters) -Convenience food manufacturer Greencore said on Thursday it had agreed to the terms of a recommended acquisition of UK fresh food provider Bakkavor Group, in a deal valued at 1.2 billion pounds ($1.59 billion). In April, the parties said they had reached an agreement in principle on the key financial terms of a possible …

UK food group Greencore seals $1.6 billion Bakkavor deal Read More »

By Jakob Van Calster and Mateusz Rabiega (Reuters) – Belgian bank KBC Groep said on Thursday it has reached a cash agreement to acquire 98.45% of 365.bank, in a deal valuing the Slovakia-based lender at 761 million euros ($852 million). KBC said the acquisition will help strengthen its presence in Slovakia and the Central and …

KBC to buy Slovakia’s 365.bank in deal valuing it at 761 million euros Read More »

By Valentina Za MILAN (Reuters) -The Italian arm of Amundi, Europe’s biggest fund manager, will start discussing with unions steps it wants to adopt by the end of 2025 to shed jobs in the country and cut costs, a document showed on Thursday. A person with knowledge of the matter told Reuters unions expected the …

Exclusive-Amundi moves to cut costs in Italy with future of Unicredit deal in doubt Read More »

By Sanchayaita Roy, Ragini Mathur and Twesha Dikshit (Reuters) – British stocks ended higher on Thursday after stronger domestic GDP data, while investors assessed mixed corporate earnings. The blue-chip FTSE 100 rose 0.6%, while the domestically focused FTSE 250 gained 0.1%. Britain’s economy grew more strongly than expected in the first quarter of 2025, providing …

British stocks gain on growth data, corporate earnings Read More »