Business

Image for MVV halves profit in 2023/24, proposes 9% dividend hike

Finance

Mvv Halves Profit in 2023/24, Proposes 9% Dividend Hike

Image for Finland blocks more Russian property acquisitions

Finance

Finland Blocks More Russian Property Acquisitions

Image for Russia's Aeroflot sees passenger traffic up to 5% in 2025, Interfax says

Finance

Russia's Aeroflot Sees Passenger Traffic up to 5% in 2025, Interfax Says

Image for Swiss National Bank cuts interest rates by 50 basis points

Finance

Swiss National Bank Cuts Interest Rates by 50 Basis Points

Image for German economy expected to stagnate in 2025, IfW Kiel says

German Economy Expected to Stagnate in 2025, IfW Kiel Says

Date: December 12, 2024

BERLIN (Reuters) - The German economy is expected to stagnate next year following two consecutive years of contraction, the IfW Kiel Institute for the World Economy said on Thursday. The institute cut...

Image for European stocks edge up as traders await ECB

European Stocks Edge up as Traders Await ECB

Date: December 12, 2024

(Reuters) - European stocks edged higher on Thursday, as investors braced for a rate cut from the European Central Bank and awaited hints on policy moves next year as the euro zone economy struggles...

Image for LSEG completes divestment of stake in Euroclear Holding for $478 million

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...

Image for Drax to supply biomass pellets to US aviation fuel project

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...

Image for Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say

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...

Image for Sino-Ocean bondholders submit counter restructuring proposal to London court

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...