business
Finance
Russia's Aeroflot sees passenger traffic up to 5% in 2025, Interfax says
Finance
Swiss National Bank cuts interest rates by 50 basis points
Finance
German economy expected to stagnate in 2025, IfW Kiel says
Finance
European stocks edge up as traders await ECB
LSEG completes divestment of stake in Euroclear Holding for $478 million
Date: December 12, 2024
(Reuters) - The London Stock Exchange Group on Thursday said it had completed the divestment of its 4.92% stake in Belgium-based financial services provider Euroclear for 455 million euros($478.89...
Drax to supply biomass pellets to US aviation fuel project
Date: December 12, 2024
LONDON (Reuters) - British power company Drax said on Thursday it had reached an agreement on the terms of a multi-year supply deal of biomass pellets for Pathway Energy's proposed sustainable...
Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say
Date: December 12, 2024
By Nidhi Verma NEW DELHI/MOSCOW (Reuters) -Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever...
Sino-Ocean bondholders submit counter restructuring proposal to London court
Date: December 12, 2024
By Clare Jim HONG KONG (Reuters) - The ad hoc bondholder group of state-backed Sino-Ocean Group has submitted an alternative offshore debt restructuring proposal to a London court in an intensifying...
UK's SThree warns on profit amid tough hiring market conditions
Date: December 12, 2024
(Reuters) - British recruiter SThree Plc warned on its 2024 fiscal year profit on Thursday, and said tough hiring market conditions will persist into the current financial year amid increased...
Russia will boost global AI clout despite Western sanctions, Sberbank first deputy CEO says
Date: December 12, 2024
MOSCOW (Reuters) - Russia has the potential to significantly improve its position in global AI ratings by 2030 despite Western sanctions due to a focus on generative AI and supportive regulation,...