business

Image for Euro drops 0.50% versus strengthening dollar, France in focus

Finance

Euro drops 0.50% versus strengthening dollar, France in focus

Image for Italy's manufacturing contracts at steepest rate this year, PMI shows

Finance

Italy's manufacturing contracts at steepest rate this year, PMI shows

Image for Exclusive-Russia's VTB expects rouble to stabilise around 100/dollar, CEO says

Finance

Exclusive-Russia's VTB expects rouble to stabilise around 100/dollar, CEO says

Image for Exclusive-Russia's VTB to buy Zvezda shipbuilding yard from Rosneft

Finance

Exclusive-Russia's VTB to buy Zvezda shipbuilding yard from Rosneft

Image for Exclusive-Russia's VTB expects 2025 profit at 400 billion roubles

Exclusive-Russia's VTB expects 2025 profit at 400 billion roubles

Date: December 2, 2024

MOSCOW (Reuters) - Russia's second largest lender VTB expects 2025 profit to be 400 billion roubles ($3.76 billion) next year, down from 550 billion this year, due to the central bank's tight monetary...

Image for Russian factory activity expands marginally in November, PMI shows

Russian factory activity expands marginally in November, PMI shows

Date: December 2, 2024

(Reuters) - Activity across Russia's manufacturing sector increased marginally in November, a business survey showed on Monday, thanks to fresh expansions in outputs and new orders even as work...

Image for Exclusive-Russia's VTB CEO says he's not sure about optimistic scenario for Ukraine deal under  Trump

Exclusive-Russia's VTB CEO says he's not sure about optimistic scenario for Ukraine deal under Trump

Date: December 2, 2024

MOSCOW (Reuters) - Any peace deal with the West over Ukraine should be long-term and not need to be returned to within 10 years, VTB bank's CEO Andrei Kostin told Reuters, adding that life with the...

Image for UK annual house prices rise by most in two years, Nationwide says

UK annual house prices rise by most in two years, Nationwide says

Date: December 2, 2024

LONDON (Reuters) - British house prices rose in November at the fastest annual pace since November 2022, according to data from mortgage lender Nationwide on Monday that added to signs of resilience...

Image for Analysis-How Italy's tax system got rigged for the rich

Analysis-How Italy's tax system got rigged for the rich

Date: December 2, 2024

By Giuseppe Fonte, Gavin Jones and Alvise Armellini ROME (Reuters) - Italy's tax system is skewed in a way that lets society's wealthiest 7% pay proportionately less tax than low and middle-income...

Image for ECB's Lane says bank should focus on future risks for policy decisions, FT reports

ECB's Lane says bank should focus on future risks for policy decisions, FT reports

Date: December 2, 2024

(Reuters) - The European Central Bank should make future monetary policy decisions based on upcoming risk rather than the latest economic data, ECB chief economist Philip Lane told the Financial Times...