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OpenAI to offer UK data residency driven by government partnership
Finance
Belgium mulls energy limits for power-hungry data centres as AI demand surges
Finance
SAP misses third-quarter revenue estimates, US-listed shares fall 3%
Headlines
Trump says US has not approved Ukraine's use of long-range missiles
US hits top Russian oil companies Rosneft and Lukoil with sanctions
Date: October 22, 2025
WASHINGTON (Reuters) -The United States imposed sanctions on major Russian oil companies Rosneft and Lukoil, and said it was prepared to take further action as it called on Moscow to immediately agree...
Bank of England rejects call to ease bank leverage rules
Date: October 22, 2025
By Phoebe Seers LONDON (Reuters) -Bank of England Deputy Governor Sam Woods on Wednesday rejected calls from the banking industry to further relax rules on bank leverage, despite growing pressure from...
EU approves 19th package of Russian sanctions including LNG ban
Date: October 22, 2025
By Julia Payne BRUSSELS (Reuters) -EU countries approved a 19th package of sanctions against Russia for its war against Ukraine, which includes a ban on Russian liquefied natural gas imports, the...
Exclusive-UniCredit CEO under renewed board scrutiny in M&A tug-of-war, sources say
Date: October 22, 2025
By Valentina Za, Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -UniCredit CEO Andrea Orcel faces persistent requests from its board for detailed, frequent updates on his dealmaking strategy, four...
Sale of beauty assets to L'Oreal will be "net gain" in results, Kering COO says
Date: October 22, 2025
PARIS (Reuters) -Kering's sale of its beauty business to L'Oreal will result in a "net gain before tax" in Kering's annual results, COO Jean-Marc Duplaix told analysts in a call on Wednesday when...
German ministry plans call with auto sector over Nexperia woes, official says
Date: October 22, 2025
BERLIN (Reuters) -The German economy ministry planned a call with automakers and suppliers on Wednesday to discuss developments at Dutch chipmaker Nexperia, which faces export curbs in China, a...