Reuters UK

(Reuters) -European shares rose on Friday, with a boost from defensive sectors after hopes of an economic recovery in major trading partner China were bolstered by more central bank stimulus, though they still ended the week in the red. China’s central…

By James Davey LONDON (Reuters) – On Wednesday, Steve Rowe will step down as chief executive of Marks & Spencer after six years, ending a 39 year career at the British retailer. He will be succeeded in one of the most high profile jobs in British busin…

(Reuters) -Tesla Inc Chief Executive Elon Musk has denounced as “utterly untrue” claims in a news report that he sexually harassed a flight attendant on a private jet in 2016. Shares of the electric carmaker skidded more than 10% on Friday amid concern…

(Reuters) -McDonald’s Corp franchisees in Russia will have the option of working under a new brand that will launch imminently, the TASS news agency quoted Oleg Paroev, McDonald’s Russia’s general director, as saying on Friday. “There will be a new bra…

By Anne Kauranen and Nora Buli HELSINKI (Reuters) -Russia’s Gazprom has informed Finland it will halt flows of natural gas from Saturday morning, Gasum said on Friday, after the Finnish state-owned gas wholesaler refused to pay its Russian supplier in …

LONDON (Reuters) – Britain may impose anti-dumping duties of up to 29% on aluminium extrusions from China to protect domestic producers, a trade agency said on Friday. Aluminium extrusions – widely used in the transport, construction and electronics in…

(Reuters) -UK’s FTSE 100 rebounded on Friday as a move by China to support its economy lifted sentiment at the end of a rocky week for markets, while e-commerce firm THG soared after rejecting a takeover proposal. The blue-chip FTSE 100 index added 1.2…

FRANKFURT (Reuters) – Germany can wean itself off Russian gas within the next three years, the CEO of the country’s largest power producer, RWE, told a weekly paper. “If we expand quickly, we can make it by spring 2025. The supply problems might be som…

By Karin Strohecker LONDON (Reuters) -Russia rushed forward two payments on its international debt on Friday in its latest attempt to stave off a default that has looked on cards since its invasion of Ukraine. A week before the interest payments are du…

AMSTERDAM (Reuters) – The Dutch government’s budget deficit will rise to 3.4% of GDP in 2022, the finance ministry said on Friday in its spring budget update, up from expectations of a 2.4% shortfall forecast in September. The country’s finances are be…