business

Image for Germany's neighbours demand year-end halt to gas levy

Finance

Germany's neighbours demand year-end halt to gas levy

Image for Apple adds ChatGPT to iPhone in latest iOS update

Finance

Apple adds ChatGPT to iPhone in latest iOS update

Image for ACEA auto makers body picks Mercedes' Ola Källenius as president

Finance

ACEA auto makers body picks Mercedes' Ola Källenius as president

Image for Vestas to cut jobs at British plant

Finance

Vestas to cut jobs at British plant

Image for Foreign cash to emerging world to drop as tariffs threats loom - IIF

Foreign cash to emerging world to drop as tariffs threats loom - IIF

Date: December 11, 2024

By Libby George LONDON (Reuters) - Global growth will slow in 2025, and offshore investors are set to cut the cash they send to emerging markets by nearly a quarter, as promised policies from incoming...

Image for Italy's Intesa says SREP requirement rises to 9.89% from 9.32%

Italy's Intesa says SREP requirement rises to 9.89% from 9.32%

Date: December 11, 2024

MILAN (Reuters) - Italy's biggest bank Intesa Sanpaolo said on Wednesday the European Central Bank had set its minimum core capital requirement for 2025 at 9.89%. That compares with 9.32% last year...

Image for Large UK insurers to report daily cash positions during crises under new proposals

Large UK insurers to report daily cash positions during crises under new proposals

Date: December 11, 2024

LONDON (Reuters) - Large British life insurers would need to report their liquidity positions daily during market crises under new rules proposed on Wednesday by the Prudential Regulation Authority,...

Image for Nobel Peace Prize laureate Dmitry Muratov dismisses TASS report he has left Russia

Nobel Peace Prize laureate Dmitry Muratov dismisses TASS report he has left Russia

Date: December 11, 2024

MOSCOW (Reuters) - Nobel Peace Prize laureate and co-founder of Russian media outlet Novaya Gazeta, Dmitry Muratov on Wednesday dismissed a report from the state TASS news agency which said he had...

Image for Future pandemic could cause $13.6 trln economic loss -Lloyd's of London

Future pandemic could cause $13.6 trln economic loss -Lloyd's of London

Date: December 11, 2024

LONDON (Reuters) - Another human pandemic could cause economic losses of $13.6 trillion for the global economy over a five-year period, commercial insurance market Lloyd's of London predicted. The...

Image for UK's Close Bros granted permission to appeal motor finance ruling

UK's Close Bros granted permission to appeal motor finance ruling

Date: December 11, 2024

(Reuters) - British lender Close Brothers on Wednesday said that it had been granted permission by the UK Supreme Court to appeal a ruling that needed motor finance brokers to fully inform customers...