business

Image for UK's Ofcom fines Royal Mail for the second time over missed delivery targets

Finance

UK's Ofcom fines Royal Mail for the second time over missed delivery targets

Image for UK's Ofcom proposes changes to cut mobile network operators' costs by 40 million pounds

Finance

UK's Ofcom proposes changes to cut mobile network operators' costs by 40 million pounds

Image for ECB's Villeroy: more interest rate cuts to come

Finance

ECB's Villeroy: more interest rate cuts to come

Image for UK's Boohoo willing to offer Frasers one board seat, but not for Ashley, Lennon

Finance

UK's Boohoo willing to offer Frasers one board seat, but not for Ashley, Lennon

Image for German wholesale prices fall 0.6% in November

German wholesale prices fall 0.6% in November

Date: December 13, 2024

(Reuters) - German wholesale prices fell by 0.6% in November compared with the same month last year, according to data released by the federal statistics office on Friday. The office offers more...

Image for Sterling falls after UK GDP unexpectedly contracts in October

Sterling falls after UK GDP unexpectedly contracts in October

Date: December 13, 2024

LONDON (Reuters) - The pound fell on Friday after data showed the British economy shrank unexpectedly in October, which could prompt traders to attach a greater chance to the prospect of speedier rate...

Image for German exports fall more than expected in October

German exports fall more than expected in October

Date: December 13, 2024

By Maria Martinez (Reuters) -German exports fell more than expected in October, an indication that the long-awaited recovery in external demand has been delayed. Exports fell by 2.8% compared with the...

Image for UK economy contracts unexpectedly by 0.1% in October

UK economy contracts unexpectedly by 0.1% in October

Date: December 13, 2024

(Reuters) - Britain's economy shrank unexpectedly by 0.1% in October, official data showed on Friday. Economists polled by Reuters had forecast a monthly expansion of 0.1%. Last month, the BoE trimmed...

Image for Foreign outflows hit Asian bonds in Nov on Trump policy concerns, dollar's rise

Foreign outflows hit Asian bonds in Nov on Trump policy concerns, dollar's rise

Date: December 13, 2024

(Reuters) - Asian debt markets witnessed foreign outflows in November for the first time in seven months as expectations of changes in U.S. trade policies under the forthcoming Trump administration...

Image for Evonik to restructure business lines into two core segments

Evonik to restructure business lines into two core segments

Date: December 13, 2024

(Reuters) - Germany's Evonik plans to restructure its business lines into two segments, it said on Friday. From April 1, the group will focus on its two core operating businesses: Custom Solutions and...