business

Image for Italy sees weaker 2024 GDP, with industrial sector in trouble, economy minister says

Finance

Italy sees weaker 2024 GDP, with industrial sector in trouble, economy minister says

Image for Ferrovial closes sale of 19.75% stake in Heathrow Airport for 2 billion euros

Finance

Ferrovial closes sale of 19.75% stake in Heathrow Airport for 2 billion euros

Image for Ukraine coking mine near front shuts down some operations, industry source says

Finance

Ukraine coking mine near front shuts down some operations, industry source says

Image for HSBC reviews retail banking outside UK and Hong Kong, FT reports

Finance

HSBC reviews retail banking outside UK and Hong Kong, FT reports

Image for Analysis-As euro zone risks mount, markets seek clarity on pace of ECB rate cuts

Analysis-As euro zone risks mount, markets seek clarity on pace of ECB rate cuts

Date: December 12, 2024

By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) - Euro zone markets swung on Thursday after the European Central Bank gave up a long-standing hawkish tilt but analysts were split on the signals...

Image for Chanel picks Matthieu Blazy as creative director - reports

Chanel picks Matthieu Blazy as creative director - reports

Date: December 12, 2024

PARIS (Reuters) -French fashion house Chanel selected former Bottega Veneta design chief Matthieu Blazy as its next creative director, Women's Wear Daily and the Financial Times reported Thursday....

Image for European Union and Switzerland "very close" to new trade deal, official says

European Union and Switzerland "very close" to new trade deal, official says

Date: December 12, 2024

BERN (Reuters) - The European Union and Switzerland are "very close" to finalising a new agreement to overhaul their trade relationship, a senior EU official said on Thursday. Bern and Brussels have...

Image for Tullow oil in talks with Kosmos Energy over potential offer

Tullow oil in talks with Kosmos Energy over potential offer

Date: December 12, 2024

(Reuters) - West Africa-focused Tullow Oil said on Thursday it was in preliminary talks with U.S.-listed Kosmos Energy over a possible all-share offer. Tullow said the announcement is being made in...

Image for Intel executives say manufacturing spinoff is possible

Intel executives say manufacturing spinoff is possible

Date: December 12, 2024

(Reuters) - The two executives leading Intel after the ouster of its chief executive said on Thursday that the company may spin out its manufacturing division. Speaking at an investment banking...

Image for Germany wants to extend short-time work allowance to two years

Germany wants to extend short-time work allowance to two years

Date: December 12, 2024

BERLIN (Reuters) - German Labour Minister Hubertus Heil wants to extend the maximum duration of the short-time work allowance to 24 months from the current 12 months to avoid an increase in...