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Finance
Sterling struggles to regain steam against dollar
Finance
Switzerland adopts more EU sanctions on Russia and Belarus
Finance
Spanish government extends energy windfall tax by decree
Finance
Portugal's budget surplus narrows slightly to 1% of GDP
Euro zone bond yields edge up to one-month high
Date: December 23, 2024
By Harry Robertson LONDON (Reuters) - Euro zone bond yields ticked up to their highest level in around a month on Monday before dipping slightly as investors continued to try to gauge the outlook for...
Volkswagen shares fall as markets struggles to digest unions deal
Date: December 23, 2024
By Ozan Ergenay and Andrey Sychev (Reuters) – Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker’s cost-cutting deal with unions and likely headwinds in 2025. Friday’s agreement, hailed by unions as a “Christmas miracle”, calls for more than 35,000 future job cuts and a reduction of...
Equinor raises Orsted stake to 10%, as planned
Date: December 23, 2024
OSLO (Reuters) – Equinor said on Monday it has bought an additional stake of 0.2% in Danish energy group Orsted, raising its ownership to 10%, in line with the Norwegian group’s previously stated intention. Equinor first announced its purchase of a 9.8% stake in the Danish offshore wind farm developer in October this year. “Following...
Volkswagen shares fall as markets struggles to digest unions deal
Date: December 23, 2024
By Ozan Ergenay and Andrey Sychev (Reuters) - Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker's cost-cutting deal with unions and likely...
Equinor raises Orsted stake to 10%, as planned
Date: December 23, 2024
OSLO (Reuters) - Equinor said on Monday it has bought an additional stake of 0.2% in Danish energy group Orsted, raising its ownership to 10%, in line with the Norwegian group's previously stated...
BNP Paribas signs €5.1bn share purchase agreement for Axa IM
Date: December 23, 2024
BNP Paribas has formally signed the previously announced €5.1bn ($5.3bn) share purchase agreement for Axa Investment Managers. Axa and BNP Paribas Cardif entered into exclusive negotiations in August to offload Axa’s asset management division. The signing of the share purchase agreement follows the completion of the information-consultation procedure on strategic issues with the relevant employee...