business

Image for France's government collapses after losing confidence vote

Finance

France's government collapses after losing confidence vote

Image for Business leaders fear recession, labour shortages, World Economic Forum says

Finance

Business leaders fear recession, labour shortages, World Economic Forum says

Image for French government collapse raises questions over Ukraine support

Finance

French government collapse raises questions over Ukraine support

Image for Global billionaire wealth leaps, fueled by US gains, UBS says

Finance

Global billionaire wealth leaps, fueled by US gains, UBS says

Image for Airbus cuts 2,000 Defence and Space jobs, taming earlier plans

Airbus cuts 2,000 Defence and Space jobs, taming earlier plans

Date: December 5, 2024

By Tim Hepher PARIS (Reuters) - Airbus announced just over 2,000 job cuts in Defence and Space, or about 5% of its second-largest division, as it reels from U.S. competition in the satellites sector...

Image for Britain drug-cost watchdog says it will recommend Lilly obesity drug

Britain drug-cost watchdog says it will recommend Lilly obesity drug

Date: December 5, 2024

By Maggie Fick LONDON (Reuters) - Britain's drugs cost-effectiveness watchdog NICE said on Thursday it will recommend Eli Lilly's obesity drug Mounjaro be made available to around 220,000 people in...

Image for Commerzbank CEO says Europe needs bigger banks, but conditions not right

Commerzbank CEO says Europe needs bigger banks, but conditions not right

Date: December 5, 2024

LONDON (Reuters) -Commerzbank's CEO said on Wednesday that Europe needed bigger banks to compete with U.S. rivals, but repeated that her own company was better off alone in the face of interest from...

Image for Exclusive-Rising costs squeeze intermediaries out of thriving Russian oil trade with India

Exclusive-Rising costs squeeze intermediaries out of thriving Russian oil trade with India

Date: December 5, 2024

By Nidhi Verma NEW DELHI/MOSCOW (Reuters) - Three trading houses have become dominant sellers of Russian oil to India as many smaller players dropped out of the business due to high funding costs in...

Image for Oil slightly firmer ahead of OPEC+ supply decision

Oil slightly firmer ahead of OPEC+ supply decision

Date: December 5, 2024

By Yuka Obayashi and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices were mostly stable on Thursday ahead of an OPEC+ meeting later in the day, with investors waiting to see what the producer group would...

Image for Euro drifts as political turmoil dents sentiment; bitcoin scales $100,000

Euro drifts as political turmoil dents sentiment; bitcoin scales $100,000

Date: December 5, 2024

By Ankur Banerjee SINGAPORE (Reuters) -The euro was subdued on Thursday after the widely expected collapse of the French government, stoking worries about the region's second-biggest economic power,...