Reuters UK Business

By Helen Reid and James Davey LONDON (Reuters) -British retailers have welcomed the government’s decision to start charging customs duties on low-value e-commerce parcels but said a March 2029 timeline is too late and risks making the country an international outlier. UK retailers have been squeezed by rapidly growing ultra-low-cost platforms like AliExpress, Shein, Temu, …

UK retailers urge government to end parcel tariff loophole sooner Read More »

STOCKHOLM (Reuters) -Norway’s Kongsberg Defence & Aerospace said on Thursday it had won a 500 million euro ($580 million) order from Denmark for its National Advanced Surface-to-Air Missile System (NASAMS). “With this procurement Denmark will significantly enhance the country’s operational capabilities and the ability to effectively combat modern air threats,” Kongsberg said. It did not …

Denmark orders $580 million air defence system from Kongsberg Read More »

By Olena Harmash KYIV (Reuters) -Ukraine still has a critical need for external financing, officials said on Thursday, issuing a fresh appeal for the EU to approve a loan backed by frozen Russian funds after Kyiv secured preliminary approval for billions from the IMF. On Wednesday Kyiv secured a staff-level agreement with the International Monetary …

Kyiv says external funding critical, urges EU to unlock Russian assets Read More »

AMSTERDAM (Reuters) -The Dutch Public Prosecutor (OM) has imposed a total fine of 101 million euros ($117.10 million) on two Morgan Stanley entities in London and Amsterdam for dividend tax evasion, it said on Thursday. The penalty is separate from the tax liability Morgan Stanley settled with the Dutch Tax Administration at the end of …

Dutch prosecutor fines Morgan Stanley 101 million euros for tax evasion Read More »

By Tommy Reggiori Wilkes and Iain Withers LONDON (Reuters) -Wall Street’s biggest bank, JPMorgan, has announced plans to build a 3-million-square-foot (280,000 square metres) tower in London’s Canary Wharf financial district.  Here is how JPMorgan’s riverside tower, whose final design and height are yet to be determined, would compare to some other large European buildings, …

Factbox-How JPMorgan’s planned London tower ranks among Europe’s biggest buildings Read More »