Business
Finance
Chinese Ship Linked to Baltic Sea Cable Breach Resumes Voyage
Finance
Bank of England Governor to Visit China With Finance Minister, Sky News Says
Finance
Analysis-Syrian Kurdish Groups on the Back Foot as Power Balance Shifts
Finance
Hungary in Talks on Russian Gas Shipments via Ukraine, PM Orban Says
Russia's UK Embassy Denounces G7 Loans to Ukraine as 'fraudulent Scheme'
Date: December 21, 2024
LONDON (Reuters) - The Russian embassy in London on Saturday described Britain's planned transfer to Ukraine of more than 2 billion pounds ($2.5 billion) backed by frozen Russian assets as a "...
Battery Maker Northvolt Makes Progress Toward Longer-Term Bankruptcy Financing
Date: December 20, 2024
NEW YORK (Reuters) - Swedish electric-vehicle battery maker Northvolt said on Friday it expects to line up additional bankruptcy financing by late January after engaging with over 100 lenders and...
Seeing Low-Income Consumers Squeezed, Retailers Target $10 and Under Gifts
Date: December 20, 2024
By Jessica DiNapoli NEW YORK (Reuters) – Retailers including Target and Walmart are stocking shelves with more toys and gifts such as Barbies that cost less than $10 this holiday season, a strategy aimed at attracting cash-strapped shoppers. For retailers and toymakers, selling a bounty of cheaper gifts aimed at consumers earning $50,000 or less...
SoftwareOne to Buy Norway’s Crayon in $1.4 Billion Microsoft-Focused Takeover
Date: December 20, 2024
By Paul Arnold and Tristan Veyet ZURICH (Reuters) -Swiss technology firm SoftwareOne said on Thursday it had agreed to buy Crayon Group in a stock and cash deal which values its Norwegian competitor at $1.4 billion. Around 70% of the combined entity’s revenue would be related to business with Microsoft, Crayon CEO Melissa Mulholland said...
China Says Its Astronauts Complete Record-Breaking Spacewalk
Date: December 20, 2024
By Joey Roulette WASHINGTON (Reuters) - Two Chinese astronauts this week completed a world-record spacewalk of more than nine hours, according to a statement from China's Manned Space Agency, marking...
Vw, Union Agree to Cut 35,000 Jobs in Germany, Avert Strikes
Date: December 20, 2024
LONDON (Reuters) - Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity reductions in a last-gasp deal between Europe's top carmaker...