business

Image for German engineering body sees fall in 2025 production, flags risk of job cuts

Finance

German engineering body sees fall in 2025 production, flags risk of job cuts

Image for Italy will ask Stellantis to continue investing in the country, deputy PM says

Finance

Italy will ask Stellantis to continue investing in the country, deputy PM says

Image for Italy's Gewiss buys controlling stake in Beghelli

Finance

Italy's Gewiss buys controlling stake in Beghelli

Image for Europe energy markets are well supplied but prices too high, SEFE CEO says

Finance

Europe energy markets are well supplied but prices too high, SEFE CEO says

Image for Stellantis, China's CATL to invest $4.33 billion in EV battery factory in Spain

Stellantis, China's CATL to invest $4.33 billion in EV battery factory in Spain

Date: December 10, 2024

MADRID (Reuters) - Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said in a...

Image for London's Canary Wharf turns to Apollo for $777 loan refinancing deal

London's Canary Wharf turns to Apollo for $777 loan refinancing deal

Date: December 10, 2024

LONDON (Reuters) - London's Canary Wharf business district said on Tuesday it had agreed to borrow 610 million pounds ($777 million) from U.S. investment giant Apollo to repay bonds due over the next...

Image for European shares slip after China stimulus excitement wanes; focus on US CPI

European shares slip after China stimulus excitement wanes; focus on US CPI

Date: December 10, 2024

(Reuters) - European shares snapped an eight-session winning run on Tuesday, hurt by losses in miners, as the rally sparked by China stimulus pledges tapered off after its weak trade data, while the...

Image for Death toll in explosion at Eni's Florence fuel depot rises to four

Death toll in explosion at Eni's Florence fuel depot rises to four

Date: December 10, 2024

MILAN (Reuters) - The death toll in a explosion at a fuel depot facility near Florence, owned by Italian energy firm Eni, rose to four after two bodies were recovered under the rubble, Italian media...

Image for China's CATL plans to set up $4 billion battery JV in Spain with Stellantis

China's CATL plans to set up $4 billion battery JV in Spain with Stellantis

Date: December 10, 2024

BEIJING (Reuters) - Chinese electric vehicle giant CATL has plans to set up a battery joint venture with Stellantis in Spain, according to a CATL stock filing on Tuesday. The JV in Spain's Zaragoza is...

Image for Equinor postpones start of Arctic Castberg oilfield to early 2025

Equinor postpones start of Arctic Castberg oilfield to early 2025

Date: December 10, 2024

COPENHAGEN (Reuters) -Norway's Equinor said on Tuesday that the startup of its Arctic Johan Castberg oilfield has been postponed to January or February from the end of 2024 due to adverse weather...