Business

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

Finance

Exclusive-Rising Costs Squeeze Intermediaries Out of Thriving Russian Oil Trade With India

Image for Oil slightly firmer ahead of OPEC+ supply decision

Finance

Oil Slightly Firmer Ahead of Opec+ Supply Decision

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

Finance

Euro Drifts as Political Turmoil Dents Sentiment; Bitcoin Scales $100,000

Image for Film studio proposal in the spotlight as UK PM Starmer plots planning overhaul

Finance

Film Studio Proposal in the Spotlight as UK PM Starmer Plots Planning Overhaul

Image for South American, EU negotiators race to close divisive trade deal

South American, EU Negotiators Race to Close Divisive Trade Deal

Date: December 5, 2024

By Lucinda Elliott, Lisandra Paraguassu and Anthony Boadle MONTEVIDEO/BRASILIA (Reuters) -South America's Mercosur trade bloc will meet in Uruguay on Thursday with fresh signs the group could use the...

Image for Rate cut bets boost stocks as bitcoin breaks $100,000

Rate Cut Bets Boost Stocks as Bitcoin Breaks $100,000

Date: December 5, 2024

By Tom Westbrook SINGAPORE (Reuters) -Bitcoin broke $100,000 on Thursday as investors bet on a friendly regulatory shift in the U.S., while Asian stocks were firm after Wall Street indexes notched...

Image for Asian stocks see heavy outflows for second straight month in November

Asian Stocks See Heavy Outflows for Second Straight Month in November

Date: December 5, 2024

By Gaurav Dogra (Reuters) - Asian stocks were under selling pressure from foreign investors for a second consecutive month in November amid worries over potential U.S. tariff hikes on regional exports...

Image for German gas levy limbo raises risk of higher costs for edgy neighbours

German Gas Levy Limbo Raises Risk of Higher Costs for Edgy Neighbours

Date: December 5, 2024

By Vera Eckert FRANKFURT (Reuters) -The collapse of Germany's governing coalition risks delaying a draft law on waiving a costly gas storage levy for foreign buyers from next year and raising tension...

Image for UK's Frasers lowers top end of profit outlook, blames government budget

UK's Frasers Lowers Top End of Profit Outlook, Blames Government Budget

Date: December 5, 2024

LONDON (Reuters) - Frasers, the British sportswear and fashion retailer that is majority owned by Mike Ashley, lowered the top end of its annual profit guidance, blaming weaker consumer confidence...

Image for Novartis cannot block generic of best-selling heart drug, US appeals court says

Novartis Cannot Block Generic of Best-Selling Heart Drug, US Appeals Court Says

Date: December 5, 2024

By Blake Brittain (Reuters) - Novartis failed to persuade a U.S. appeals court on Wednesday to halt MSN Pharmaceuticals' proposed generic of Novartis' blockbuster heart drug Entresto. The U.S. Court...