Business

Image for Saudi Arabia was top buyer of Russian fuel oil and VGO in November, LSEG data shows

Finance

Saudi Arabia Was Top Buyer of Russian Fuel Oil and Vgo in November, Lseg Data Shows

Image for Prosus to buy Latin American online travel agency Despegar.com for $1.7 billion

Finance

Prosus to Buy Latin American Online Travel Agency Despegar.com for $1.7 Billion

Image for Sterling struggles to regain steam against dollar

Finance

Sterling Struggles to Regain Steam Against Dollar

Image for Switzerland adopts more EU sanctions on Russia and Belarus

Finance

Switzerland Adopts More EU Sanctions on Russia and Belarus

Image for Spanish government extends energy windfall tax by decree

Spanish Government Extends Energy Windfall Tax by Decree

Date: December 23, 2024

MADRID (Reuters) - The Spanish government has issued a decree extending a temporary tax on energy companies into 2025, Prime Minister Pedro Sanchez said on Monday, after lawmakers voted last week to...

Image for Portugal's budget surplus narrows slightly to 1% of GDP

Portugal's Budget Surplus Narrows Slightly to 1% of GDP

Date: December 23, 2024

LISBON (Reuters) - Portugal posted a budget surplus of 1% of gross domestic product in the 12 months ended in September, down from a surplus of 1.2% a year earlier, the National Statistics Institute...

Image for Euro zone bond yields edge up to one-month high

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...

Image for Volkswagen shares fall as markets struggles to digest unions deal

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...

Image for Equinor raises Orsted stake to 10%, as planned

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...

Image for Volkswagen shares fall as markets struggles to digest unions deal

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...