business

Image for F1 owner Liberty Media's MotoGP deal faces EU probe, Bloomberg News reports

Finance

F1 owner Liberty Media's MotoGP deal faces EU probe, Bloomberg News reports

Image for UK food inflation could hit nearly 5% in 2025, says industry researcher

Finance

UK food inflation could hit nearly 5% in 2025, says industry researcher

Image for Instant view: ECB cuts rates again, euro dips

Finance

Instant view: ECB cuts rates again, euro dips

Image for ECB cuts interest rates for fourth time this year

Finance

ECB cuts interest rates for fourth time this year

Image for Volkswagen's board leans against closing big plants in Germany, media report says

Volkswagen's board leans against closing big plants in Germany, media report says

Date: December 12, 2024

(Reuters) - Volkswagen's supervisory board is leaning against closing large plants in Germany to tackle the carmaker's cost crisis, a report by business monthly manager magazin said on Thursday,...

Image for TEXT-Statement from the ECB following policy meeting

TEXT-Statement from the ECB following policy meeting

Date: December 12, 2024

FRANKFURT, Dec 12 (Reuters) - Following is the statement from the European Central Bank following its policy meeting. The Governing Council today decided to lower the three key ECB interest rates by...

Image for Shell to hold investor day in March, earlier than expected

Shell to hold investor day in March, earlier than expected

Date: December 12, 2024

By Ron Bousso LONDON (Reuters) - Shell will host an investor day earlier than expected next March where CEO Wael Sawan will present his longer-term vision following months of cost cuts, the company...

Image for Stellantis to align to ACEA proposals after rejoining lobby group

Stellantis to align to ACEA proposals after rejoining lobby group

Date: December 12, 2024

TURIN (Reuters) - Stellantis decision to rejoin the European auto lobby ACEA means the carmaker will immediately align itself with the group's proposals, Stellantis' Europe Chief Jean-Philippe...

Image for Euro dips slightly after ECB cuts rates by 25 basis points

Euro dips slightly after ECB cuts rates by 25 basis points

Date: December 12, 2024

LONDON (Reuters) - The euro fell marginally on Thursday, while shares pared earlier losses after the European Central Bank cut interest rates by 25 basis points to 3%, as expected. The euro wavered,...

Image for Rio Tinto to spend $2.5 billion to expand Argentina lithium project capacity

Rio Tinto to spend $2.5 billion to expand Argentina lithium project capacity

Date: December 12, 2024

(Reuters) - Rio Tinto said on Thursday it plans to invest $2.5 billion to ramp up production capacity at the miner's Rincon lithium project in Argentina. As part of the ramp up, the project's capacity...