Business

Image for Swiss business gets Christmas bonus from EU trade deal

Business

Swiss Business Gets Christmas Bonus From EU Trade Deal

Image for STOXX 600 inches lower at start of Christmas week; Novo Nordisk surges

Finance

Stoxx 600 Inches Lower at Start of Christmas Week; Novo Nordisk Surges

Image for Russian delegation arrives in Iran for meeting with president

Finance

Russian Delegation Arrives in Iran for Meeting With President

Image for Norway's wealth fund invests $977 million to take 100% ownership of eight US properties

Finance

Norway's Wealth Fund Invests $977 Million to Take 100% Ownership of Eight US Properties

Image for Swiss business gets Christmas bonus from EU trade deal

Swiss Business Gets Christmas Bonus From EU Trade Deal

Date: December 23, 2024

By John Revill ZURICH (Reuters) - Swiss business welcomed a new deal to overhaul the country's relationship with the European Union, bringing Christmas cheer to an economy that is set to be one of...

Image for Plan to throttle foreign fossil fuel finance collapses at OECD, Bloomberg reports

Plan to Throttle Foreign Fossil Fuel Finance Collapses at Oecd, Bloomberg Reports

Date: December 23, 2024

(Reuters) - A plan discussed by wealthy nations to throttle tens of billions of dollars in public support for oil and gas projects have broken down without an agreement, Bloomberg News reported on...

Image for Chinese media hail consumption boost as cautious buyers rent, rather than buy

Chinese Media Hail Consumption Boost as Cautious Buyers Rent, Rather Than Buy

Date: December 23, 2024

BEIJING (Reuters) - China's domestic demand is gathering pace as cautious consumers increasingly choose to rent items from cameras to handbags rather than buying them, the official People's Daily said...

Image for France’s L’Oreal acquires Migros’ South Korean cosmetic unit

France’s L’Oreal Acquires Migros’ South Korean Cosmetic Unit

Date: December 23, 2024

PARIS (Reuters) – French cosmetics giant L’Oreal said on Monday it had signed a deal with Swiss retailer Migros to buy the latter’s South Korean skincare business Gowoonsesang Cosmetics, which includes the skin care brand Dr.G. The company’s announcement confirms Reuters’ report on Friday. Dr.G is the No. 1 facial care line in the Korean...

Image for France's L'Oreal acquires Migros' South Korean cosmetic unit

France's L'Oreal Acquires Migros' South Korean Cosmetic Unit

Date: December 23, 2024

PARIS (Reuters) - French cosmetics giant L'Oreal said on Monday it had signed a deal with Swiss retailer Migros to buy the latter's South Korean skincare business Gowoonsesang Cosmetics, which...

Image for Italy's antitrust opens probe into Snam-Edison gas storage deal

Italy's Antitrust Opens Probe Into Snam-Edison Gas Storage Deal

Date: December 23, 2024

ROME (Reuters) - Italy's antitrust agency (AGCM) said on Monday it had opened an investigation into Edison's sale of its gas storage unit to gas grid operator Snam. AGCM said in its weekly bulletin it...