business

Image for Moldova's parliament passes 2025 budget with deficit at 4% of GDP

Finance

Moldova's parliament passes 2025 budget with deficit at 4% of GDP

Image for Russia declares federal emergency over Black Sea oil spill

Finance

Russia declares federal emergency over Black Sea oil spill

Image for Azerbaijan Airlines flight was downed by Russian air defence system, four sources say

Finance

Azerbaijan Airlines flight was downed by Russian air defence system, four sources say

Image for NATO calls for full investigation of Azerbaijan Airlines crash

Finance

NATO calls for full investigation of Azerbaijan Airlines crash

Image for Russia's Rosatom launches wind turbine blade factory replacing Vestas plant

Russia's Rosatom launches wind turbine blade factory replacing Vestas plant

Date: December 26, 2024

MOSCOW (Reuters) - Russia's state nuclear corporation Rosatom launched a wind turbine blade factory at the location of a plant formerly owned by Denmark's Vestas, the governor of Russia's Ulyanovsk...

Image for Gaza medics say Israeli strike kills five journalists, Israel says it hit militants

Gaza medics say Israeli strike kills five journalists, Israel says it hit militants

Date: December 26, 2024

By Nidal al-Mughrabi and Ramadan Abed CAIRO/GAZA (Reuters) - Gaza authorities said an Israeli airstrike killed five Palestinian journalists outside a hospital on Thursday but the Israeli army said it...

Image for Spain’s industrial prices rise 0.9% year-on-year in November

Spain’s industrial prices rise 0.9% year-on-year in November

Date: December 26, 2024

MADRID (Reuters) – Spanish industrial prices rose 0.9% in the 12 months through November, after a 3.9% decrease in the 12 months through October, the National Statistics Institute (INE) said on Thursday. Industrial prices rose 2.7% in November from October, INE said. (Reporting by Inti Landauro; Editing by Alexandra Hudson)...

Image for Russia's VTB buys nationalised agriculture firm

Russia's VTB buys nationalised agriculture firm

Date: December 26, 2024

MOSCOW (Reuters) - Russia's second-largest lender, VTB, has acquired an agricultural company in southern Russia, which was nationalised after its former owners were accused of corruption and fled...

Image for South Korea’s Shinsegae to set up joint venture with Alibaba International

South Korea’s Shinsegae to set up joint venture with Alibaba International

Date: December 26, 2024

By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -South Korean retailer Shinsegae plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday. The joint venture will be formed partly by Shinsegae investing its 100% stake in South Korean e-commerce platform Gmarket, it said in a regulatory filing. AliExpress Korea...

Image for China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure

China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure

Date: December 26, 2024

BEIJING (Reuters) -China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top statistics official said on Thursday, while releasing the fifth national economic census. Policy support late this year has set China’s economy on track to hit a growth target of “around 5%” as activity warmed...