Reuters UK Business

(Reuters) – Britain’s benchmark FTSE 100 index ended flat on Tuesday, as investors assessed the lingering tariff concerns and their economic impact, with attention shifting to upcoming U.S. Federal Reserve and Bank of England policy decisions. The domestically focused midcap index gained 0.6%, posting its ninth consecutive daily rise. On Sunday, U.S. President Donald Trump …

UK’s FTSE 100 flat as investors assess Trump’s latest tariffs ahead of Fed Read More »

MILAN (Reuters) -Italy’s biggest bank Intesa Sanpaolo should stay away from the merger and acquisition frenzy gripping the sector and focus on delivering results for shareholders, Chief Executive Carlo Messina said on Tuesday. A wave of hostile banking bids has swept Italy’s financial sector, but Intesa has avoided them as a result of its 2020 …

Intesa CEO says no value in joining Italian M&A ‘big mess’ Read More »

SAN FRANCISCO (Reuters) -Intel shareholders on Tuesday approved a measure by the chipmaker aimed at topping up share reserves to attract and retain new employees, and compensation for its new CEO Lip-Bu Tan. Intel shares fell 1.6% in early afternoon trading after dropping 36% in the past year. Shareholders approved the Santa Clara, California-based company’s board …

Intel shareholders approve equity incentive plan, new CEO pay Read More »

BEVERLY HILLS, California (Reuters) – Pockets of the U.S. corporate debt market are flashing warning signs that a cooling economy is squeezing the most fragile borrowers, a BlackRock executive said, despite broader market hopes that the turbulence from tariffs has subsided. Credit spreads – the premium investors demand to hold corporate debt rather than safer …

Pockets of US credit markets flash warnings despite upbeat tone, says BlackRock Read More »

By Darya Korsunskaya and Gleb Bryanski MOSCOW (Reuters) -The Russian government plans to tap its fiscal reserves for 447 billion roubles ($5.51 billion), or about 1/10th of their liquid assets, to balance the budget in 2025 after a threefold increase in the deficit, the finance minister said on Tuesday. The finance ministry raised the 2025 …

Russia plans to tap fiscal reserves to balance 2025 budget, finance minister says Read More »

By Sukriti Gupta and Nikhil Sharma (Reuters) – German shares trimmed early losses on Tuesday after conservative leader Friedrich Merz was elected chancellor during a second vote in parliament after an unexpected initial setback. Germany’s DAX index ended 0.5% lower, after falling as much as 2% earlier when Merz’s new alliance with the centre-left Social …

German stocks cut losses as Merz elected as chancellor after initial setback Read More »

By Helen Reid LONDON (Reuters) -Danish jewellery maker Pandora cut its annual profit margin guidance on Tuesday due to a decline in the U.S. dollar and said it is preparing for scenarios related to U.S. tariffs that could add tens of millions of dollars to its costs. Pandora, whose biggest market is the U.S., said …

Jeweller Pandora trims 2025 profitability guidance, warns of US tariff impact Read More »