business

Image for Italy to test Starlink in January in bid to boost high-speed internet, sources say

Finance

Italy to test Starlink in January in bid to boost high-speed internet, sources say

Image for Shareholders say yes to Bollore's Vivendi split project

Finance

Shareholders say yes to Bollore's Vivendi split project

Image for EU looks to geothermal in drive for energy security, document shows

Finance

EU looks to geothermal in drive for energy security, document shows

Image for Swiss prosecutors seek Trafigura payment of $156 million in corruption trial

Finance

Swiss prosecutors seek Trafigura payment of $156 million in corruption trial

Image for EU must find billions for arms within a year, defence chief says

EU must find billions for arms within a year, defence chief says

Date: December 9, 2024

By Lili Bayer and Andrew Gray BRUSSELS (Reuters) - Europe needs to find ways within the next year to fund hundreds of billions of euros in extra military spending to defend against any attack from...

Image for Business conditions tougher, Chinese firms in EU say, amid global tensions

Business conditions tougher, Chinese firms in EU say, amid global tensions

Date: December 9, 2024

By Philip Blenkinsop BRUSSELS (Reuters) - Chinese companies in the European Union say business conditions have worsened for a fifth consecutive year, with a rise in geopolitical tensions and anti-...

Image for Unilever CFO takes on additional responsibility amid operational overhaul

Unilever CFO takes on additional responsibility amid operational overhaul

Date: December 9, 2024

(Reuters) - Unilever said on Monday CFO Fernando Fernandez would take on more responsibilities, including overseeing supply chain and procurement, as the company overhauls its operations to focus on...

Image for SNB to cut rates 25 bps on Dec. 12, to reach zero or close next year

SNB to cut rates 25 bps on Dec. 12, to reach zero or close next year

Date: December 9, 2024

By Indradip Ghosh BENGALURU (Reuters) - The Swiss National Bank will again cut its key policy rate by 25 basis points on Dec. 12, according to an over-85% majority of economists polled by Reuters,...

Image for Exclusive-Kering in talks with Italy to settle Alexander McQueen tax dispute, sources say

Exclusive-Kering in talks with Italy to settle Alexander McQueen tax dispute, sources say

Date: December 9, 2024

By Emilio Parodi MILAN (Reuters) - French luxury goods group Kering is negotiating with the Italian tax authorities to settle a tax probe centred on its Alexander McQueen fashion brand, two sources...

Image for Germany's Scholz announces measures to prop up ailing steel industry

Germany's Scholz announces measures to prop up ailing steel industry

Date: December 9, 2024

BERLIN (Reuters) - Chancellor Olaf Scholz announced several measures to prop up Germany's ailing steel sector on Monday after he met with industry representatives to discuss high energy prices, cheap...