business

Image for Thames Water proposes to waive default amid competing debt restructuring plan

Finance

Thames Water proposes to waive default amid competing debt restructuring plan

Image for BMS completes "largest acquisition to date" with DR&P deal

Finance

BMS completes "largest acquisition to date" with DR&P deal

Image for Finnair pilots suspend standby, overtime work bans for Christmas

Finance

Finnair pilots suspend standby, overtime work bans for Christmas

Image for Exclusive-US plans to blacklist company that ordered TSMC chip found in Huawei processor -- source

Finance

Exclusive-US plans to blacklist company that ordered TSMC chip found in Huawei processor -- source

Image for EU, Switzerland agree deal to strengthen trade ties

EU, Switzerland agree deal to strengthen trade ties

Date: December 20, 2024

By Dave Graham and Philip Blenkinsop BERN/BRUSSELS (Reuters) - Switzerland and the European Union said on Friday they had reached a deal to strengthen their trade ties, overcoming Swiss concerns about...

Image for UK retailers report gloomy run-up to Christmas, CBI says

UK retailers report gloomy run-up to Christmas, CBI says

Date: December 20, 2024

LONDON (Reuters) – British retailers reported a weak run-up to the Christmas holidays with sales falling again and businesses worrying about higher costs in 2025, the Confederation of British Industry said on Friday. The CBI’s monthly retail sales headline balance improved only marginally to -15 in December from -18 in November. It had also contracted...

Image for Russia and Ukraine fail to agree on Azerbaijani-brokered gas deal, SOCAR source says

Russia and Ukraine fail to agree on Azerbaijani-brokered gas deal, SOCAR source says

Date: December 20, 2024

By Nailia Bagirova BAKU (Reuters) - Moscow and Kyiv have failed to agree on a deal brokered by Azerbaijan to continue Russian gas exports to Europe via Ukraine, a senior source at the Azeri energy...

Image for More than 10,000 jobs to be cut at VW in next years, says Manager Magazin

More than 10,000 jobs to be cut at VW in next years, says Manager Magazin

Date: December 20, 2024

FRANKFURT (Reuters) - Volkswagen plans to cut more than 10,000 jobs in the next few years as part of an agreement with unions over the future of the German brand, manager magazin reported, not citing...

Image for Novo Nordisk shares plunge after CagriSema obesity drug trial disappoints

Novo Nordisk shares plunge after CagriSema obesity drug trial disappoints

Date: December 20, 2024

By Maggie Fick and Jacob Gronholt-Pedersen LONDON/COPENHAGEN (Reuters) - Novo Nordisk on Friday revealed disappointing results in a late-stage trial for its experimental next-generation obesity drug...

Image for Ukraine says Russian cyberattack hits state registries but no data lost

Ukraine says Russian cyberattack hits state registries but no data lost

Date: December 20, 2024

By Yuliia Dysa (Reuters) - A Russian cyberattack on Ukraine's justice ministry registries caused a shutdown of online services for marriages and other matters, but no data appears to have been leaked...