Business

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

Finance

Euro Dips Slightly After ECB Cuts Rates by 25 Basis Points

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

Finance

Rio Tinto to Spend $2.5 Billion to Expand Argentina Lithium Project Capacity

Image for Italy's state railways to spin off high-speed network but retain control, says CEO

Finance

Italy's State Railways to Spin Off High-Speed Network but Retain Control, Says CEO

Image for EU not buckling to pressure over car CO2 rules, climate chief says

Finance

EU Not Buckling to Pressure Over Car CO2 Rules, Climate Chief Says

Image for 'Fortnite' maker Epic brings game store to millions of Android devices with Telefonica tie-up

'Fortnite' Maker Epic Brings Game Store to Millions of Android Devices With Telefonica Tie-Up

Date: December 12, 2024

(Reuters) - Telecom giant Telefonica is partnering with Epic Games to bring the "Fortnite" video game maker's marketplace app directly to millions of devices on the Spanish company's network, the...

Image for Siemens raises mid-term profit goal for Smart Infrastructure unit

Siemens Raises Mid-Term Profit Goal for Smart Infrastructure Unit

Date: December 12, 2024

By Christoph Steitz and John Revill FRANKFURT/ZURICH (Reuters) - Siemens on Thursday raised mid-term targets for its Smart Infrastructure (SI) business, banking on growing demand from customers to...

Image for Adobe falls as annual revenue forecast triggers concerns on delayed AI returns

Adobe Falls as Annual Revenue Forecast Triggers Concerns on Delayed AI Returns

Date: December 12, 2024

By Siddarth S (Reuters) - Shares of Adobe fell nearly 10% in premarket trading on Thursday after the Photoshop maker's downbeat full-year revenue forecast led to concerns that returns from AI...

Image for Berlusconis' MFE secures financing for European M&A push, CEO says

Berlusconis' Mfe Secures Financing for European M&A Push, CEO Says

Date: December 12, 2024

By Elvira Pollina MILAN (Reuters) - MFE-MediaforEurope, the TV group controlled by Italy's Berlusconi family, has secured the support of banks for a 3.4 billion euro ($3.6 billion) loan to be ready to...

Image for SNB says likelihood of negative interest rates has come down

SNB Says Likelihood of Negative Interest Rates Has Come Down

Date: December 12, 2024

BERN (Reuters) - The Swiss National Bank could still take interest rates into negative territory, Chairman Martin Schlegel, although the likelihood of such a move has reduced after the central bank's...

Image for Sterling steady against euro and dollar

Sterling Steady Against Euro and Dollar

Date: December 12, 2024

By Samuel Indyk LONDON (Reuters) - The British pound was steady against the euro and the dollar on Thursday, with currency investors sitting tight before key central bank decisions. The European...