Reuters UK

By Sachin Ravikumar LONDON (Reuters) -British fashion retailer Next will buy the Made.com brand for 3.4 million pounds ($3.8 million) after the online furniture seller collapsed into administration, resulting in about 400 job losses. Made.com hit the b…

MILAN (Reuters) – Core profit at Telecom Italia (TIM) fell 11.2% in the third quarter from a year earlier as shrinking domestic revenues outweighed cost cuts and the contribution from TIM’s Brazilian unit. Italy’s biggest phone company said on Wednesda…

By Dagmarah Mackos (Reuters) – Belgian postal operator Bpost cut its 2022 earnings forecast on Wednesday, warning record low consumer confidence could hit volumes in the peak holiday season. The group said higher energy and labour costs and uncertain v…

By Andrea Shalal WASHINGTON (Reuters) -Ukrainian economy minister Yulia Svyrydenko said Russia’s destruction of civilian infrastructure in recent weeks was expected to result in a 39% contraction of gross domestic product in 2022, down from an earlier …

By Marianna Parraga HOUSTON (Reuters) – A grounded oil supertanker under U.S. Treasury Department sanctions being refloated in Indonesia is filled with Venezuelan fuel, according to vessel monitoring services. Treasury’s Office of Foreign Assets Contro…

WARSAW (Reuters) – Inflation in Poland may return to the target range of 1.5-3.5% in 2025, according to the latest economic forecasts from the central bank published on Wednesday. According to the bank’s forecasts, inflation will be in a range of 2.1-4…

By Alistair Smout LYDD, England (Reuters) -Britain is stepping up its support for Ukrainian soldiers through the winter, Defence Secretary Ben Wallace told Reuters on Wednesday, following weeks of Ukrainian advances towards the southern city of Kherson…

MILAN (Reuters) – An investment by NB Renaissance in Neopharmed that will see the private equity firm share with Ardian majority ownership of the Italian pharmaceutical group values the latter at 1.4-1.5 billion euros ($1.4-$1.5 billion), two people cl…

SHARM EL-SHEIKH, Egypt (Reuters) -British Prime Minister Rishi Sunak said on Wednesday he would keep pressing Egypt over imprisoned Egyptian-British hunger striker Alaa Abd el-Fattah, who has had no contact with his family since he said he would stop d…

By Gabriela Baczynska BRUSSELS (Reuters) -The European Union will struggle to fill its gas storage tanks next summer, the head of its executive warned on Wednesday as she announced measures to boost renewable energy supply but stopped short of backing …