LONDON, July 20 (Reuters) - Britain should overhaul its water regulatory system to create one body with the powers to set investment and ownership demands in a bid to improve investor confidence and help protect consumers and the environment, a report said on Monday. After winning power last year, the Labour government ordered an examination of the privatised water industry...

July 21 (Reuters) - U.S. private jet operator Flexjet raised $800 million in a funding round led by LVMH-backed private equity firm L Catterton, valuing the company at about $4 billion, Financial Times reported on Monday. The funding comes as Flexjet looks to expand its fleet to meet rising demand from technology and cryptocurrency entrepreneurs, the report said. We have...

DUBLIN (Reuters) -Ryanair's net profit more than doubled in its April-June quarter, thanks to the timing of Easter holidays and better-than-expected last-minute fares, Europe's largest low-cost carrier said on Monday. The Irish airline, Europe's largest by passenger numbers, reported a net profit of 820 million euros ($953 million) for the first quarter, up from 360 million euros in the same...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...