business

Image for UK watchdog says $35 billion Synopsys-Ansys deal raises competition concerns

Finance

UK watchdog says $35 billion Synopsys-Ansys deal raises competition concerns

Image for Credit Agricole buys remainder of Caceis custody and asset JV from Santander

Business

Credit Agricole buys remainder of Caceis custody and asset JV from Santander

Image for Turmoil at Colombia's Ecopetrol raises profit fears ahead of US investment decision

Finance

Turmoil at Colombia's Ecopetrol raises profit fears ahead of US investment decision

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

Finance

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

Image for Tesla's 2024 deliveries growth might hinge on Musk's unorthodox Cybertruck

Tesla's 2024 deliveries growth might hinge on Musk's unorthodox Cybertruck

Date: December 20, 2024

By Abhirup Roy SAN FRANCISCO (Reuters) - Tesla is aiming to post slight growth in 2024 deliveries over last year with generous incentives across its EVs - but a lot depends on the success of the new...

Image for EU approves Nvidia's acquisition of Run:ai

EU approves Nvidia's acquisition of Run:ai

Date: December 20, 2024

BRUSSELS (Reuters) - The European Commission said on Friday it has approved unconditionally Nvidia's $700 million bid for Run:ai. The EU's probe into the deal focused on practices that could...

Image for Hungary's parliament backs 2025 budget plan, deficit target seen at risk

Hungary's parliament backs 2025 budget plan, deficit target seen at risk

Date: December 20, 2024

By Gergely Szakacs BUDAPEST (Reuters) - Hungary's parliament approved Prime Minister Viktor Orban's 2025 budget on Friday, shrugging off concerns by the Fiscal Council that the government's growth...

Image for EU ready to strengthen ties with US, focus on energy sector

EU ready to strengthen ties with US, focus on energy sector

Date: December 20, 2024

BRUSSELS (Reuters) - The EU is ready to discuss further strengthening economic ties with U.S. President-elect Trump, including common interests in the energy sector, an EU spokesperson said on Friday,...

Image for Luxury labels bulk up on lower-priced goods to appeal to middle-class shoppers

Luxury labels bulk up on lower-priced goods to appeal to middle-class shoppers

Date: December 20, 2024

By Mimosa Spencer PARIS (Reuters) – Confronting a broad decline in demand for their usual fare, including $3,000-and-up handbags and $4,000-and-up cashmere jackets, major marketers of designer and luxury merchandise are broadening their product lines to emphasize scarves, belts, wallets and home goods priced at $500 and under. The companies’ renewed focus on more affordable...

Image for Greece's current account deficit narrows sharply in October thanks to tourism

Greece's current account deficit narrows sharply in October thanks to tourism

Date: December 20, 2024

(Reuters) - Greece's current account deficit narrowed sharply in October from a year earlier to 383 million euros ($397.59 million), helped by robust tourism revenue and a further inflow of EU funds,...