Business
Finance
Oil Rises on Upbeat China Data, Shaky Israel-Lebanon Ceasefire
Finance
Factbox-Europe's Embattled Auto Sector Plans Plant Closures and Layoffs
Finance
Britain's Supreme Buys Typhoo Tea Out of Administration
Finance
Euro Drops vs Strengthening Dollar, French Politics Weigh
Bain-Backed Kioxia Sets Price Range for December IPO
Date: December 2, 2024
By Miho Uranaka and Sam Nussey TOKYO (Reuters) - Bain Capital-backed chipmaker Kioxia has set a tentative price range of 1,390 to 1,520 yen ($9.22 to $10.09) per share for its initial public offering,...
Exclusive-Russia's Vtb CEO Says BRICS Summit Was a Slap in the Face for the West
Date: December 2, 2024
MOSCOW (Reuters) - A summit of the BRICS countries held in the Russian city of Kazan in October was a slap in the face for Western nations which imposed sanctions on Russia, the CEO of Russia's second...
Floods Slow Spanish Manufacturing Growth in November, PMI Shows
Date: December 2, 2024
MADRID (Reuters) - Spain's manufacturing sector expanded at a slower pace in November, hindered by the severe floods in the region of Valencia on the eastern coast, a survey showed on Monday, though...
Seeking Higher Margins, Stellantis CEO Tavares Lost Some Core Customers
Date: December 2, 2024
By Giulio Piovaccari, Alessandro Parodi and Inti Landauro MILAN (Reuters) - When 24-year-old Elena Aragon set out to buy a new car, she reviewed a range of no-frills brands in her home town of Cadiz,...
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 backlogs depleted and firms cut workforce numbers. The S&P Global Purchasing Managers’ Index (PMI) for Russian manufacturing rose to 51.3 from 50.6 in October, moving further...
Exclusive-Russia’s Vtb Sees 2025 GDP Growth at 1.9%, CEO Says
Date: December 2, 2024
MOSCOW (Reuters) – Russia’s second-largest lender VTB sees 2025 GDP growth at 1.9%, above the International Monetary Fund’s forecast of 1.3%, while inflation will slow to 6.4% from the current rate of 8.5%, VTB’s CEO Andrei Kostin told Reuters in an interview. “We believe that it will still be possible to reduce inflation to 6.4%....