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Telecom Italia seeks Vivendi’s views on simpler structure, sources say
China’s Nov industrial profits narrow decline but 2024 likely worst year in decades
Date: December 27, 2024
BEIJING (Reuters) -China’s industrial profits fell at a slower clip in November, official data showed on Friday, but the annual decline in earnings this year is expected to be the worst in over two decades due to persistently soft domestic consumption. The world’s second-largest economy has been struggling to mount a strong post-pandemic revival, as...
South Korea Dec exports seen up for 15th month in row, but momentum slowing – Reuters poll
Date: December 27, 2024
By Jihoon Lee and Cynthia Kim SEOUL (Reuters) – South Korea’s export growth is expected to have risen in December for a 15th straight month, but analysts feel momentum could moderate in the year ahead as concerns about possible U.S. tariffs heat up, a Reuters poll showed on Friday. Outbound shipments from Asia’s fourth largest...
German business associations pessimistic about 2025, IW says
Date: December 27, 2024
BERLIN (Reuters) – German business associations see their current situation as worse than it was a year ago and remain pessimistic about the coming year, according to a survey published by the employer-oriented German Economic Institute IW on Friday. “The German economy won’t get off the ground in 2025 either,” said IW Director Michael Huether....
Estonia's navy to protect Baltic Sea power cable
Date: December 27, 2024
STOCKHOLM (Reuters) - Estonia's armed forces have launched a naval operation to protect the Estlink 1 undersea power cable in the Baltic Sea, Foreign Minister Margus Tsahkna said on Friday. Finland on...
European shares flat after Christmas break; set for modest weekly gains
Date: December 27, 2024
(Reuters) - Europe's main stock index opened flat on Friday after a two-day holiday, but its modest gains earlier in the week have kept it on course to snap a two-week losing streak. The pan-European...
High food prices dampen festive spirits in Russia
Date: December 27, 2024
By Alexander Marrow, Anastasia Bakhur and Dmitry Vasiliev YEKATERINBURG, Russia (Reuters) - This holiday season, many Russians are tightening their belts. Stubborn inflation has driven up prices of...