Holly Williams

Nestle has confirmed plans to spin out its Buxton and Perrier water business to create a joint venture business worth around 4.9 billion euros (£4.2 billion).

July 24 (Reuters) - Britain's Reckitt Benckiser Group said on Friday that it has agreed to divest its Russian hygiene business to Arnest Management LLC for an undisclosed sum.

HSBC has agreed to sell its Singapore life and insurance business to Allianz for 2.7 billion Singapore dollars (£1.6 billion) amid an ongoing overhaul by chief executive Georges Elhedery.

Chief executive Georges Elhedery has been restructuring the lender since taking on the role

US president Donald Trump's latest tariffs are not set to see further changes for UK firms, but there are fears British exporters could lose out after the EU secured a more favourable trade deal.

HSBC has agreed to sell its Singapore life and insurance business to Allianz for 2.7 billion Singapore dollars (£1.6 billion), a move that forms part of an ongoing strategic overhaul led by chief executive Georges Elhedery.

Shein has slumped to a loss as it revealed a sales hit from US president Donald Trump's move to scrap an import duty exemption on small packages in an update ahead of its planned stock market debut in Hong Kong.

The fast fashion group swung to a 99 million US dollar (£74 million) bottom line loss in the first quarter of 2026.

DCC Energy has agreed a £5.75 billion takeover by a consortium of investors as swoops for London listed firms continue at pace.

Oil prices have retreated below 90 US dollars a barrel as a pause in fighting between the US and Iran boosted hopes of rekindling a peace deal and reopening the vital Strait of Hormuz.