business

Image for Britain's Thames Water says equity raise 'progressing'

Finance

Britain's Thames Water says equity raise 'progressing'

Image for German inflation confirmed at 2.4% in November

Finance

German inflation confirmed at 2.4% in November

Image for Discounter Pepco books 775 million euros impairment charge on Poundland business

Finance

Discounter Pepco books 775 million euros impairment charge on Poundland business

Image for Allianz raises financial targets for next three years

Finance

Allianz raises financial targets for next three years

Image for Sweden's Husqvarna warns of weaker sales, operating loss in Q4

Sweden's Husqvarna warns of weaker sales, operating loss in Q4

Date: December 10, 2024

COPENHAGEN (Reuters) - Husqvarna expects its organic sales for the fourth quarter to decline year-on-year due to challenging market conditions, particularly in North America, as well as an...

Image for Pakistan's largest conglomerate Engro Corp eyes tower sharing expansion with Veon tie-up

Pakistan's largest conglomerate Engro Corp eyes tower sharing expansion with Veon tie-up

Date: December 10, 2024

By Ariba Shahid KARACHI (Reuters) - Pakistan’s largest conglomerate Engro Corp, through it’s strategic partnership with Veon, is eyeing expanding telecom tower-sharing coverage in Pakistan and...

Image for China's Hengli uses extra import quota to buy Mideast oil from Total, traders say

China's Hengli uses extra import quota to buy Mideast oil from Total, traders say

Date: December 10, 2024

By Chen Aizhu and Florence Tan SINGAPORE (Reuters) - Private Chinese refiner Hengli Petrochemical has snapped up Middle East crude, six traders familiar with the matter said, mostly from TotalEnergies...

Image for Morning Bid: China policy talk lifts stocks but bonds balk

Morning Bid: China policy talk lifts stocks but bonds balk

Date: December 10, 2024

A look at the day ahead in European and global markets from Tom Westbrook China's equity markets have chosen to run with the authorities' latest vague promise of support for the sputtering economy,...

Image for Brussels probes Google-Meta secret ads deal targeting teens, FT reports

Brussels probes Google-Meta secret ads deal targeting teens, FT reports

Date: December 10, 2024

(Reuters) - European regulators have asked Google for more information about a secret advertising partnership with Meta, which ignored the search company's own rules on how minors should be treated...

Image for AllianceBernstein to sue Switzerland over $17 billion Credit Suisse debt wipeout, FT reports

AllianceBernstein to sue Switzerland over $17 billion Credit Suisse debt wipeout, FT reports

Date: December 10, 2024

(Reuters) - U.S. asset manager AllianceBernstein is preparing to sue Switzerland for $225 million over the decision to wipe out $17 billion of debt when the country's government orchestrated the...