business
Finance
Nike's new CEO plans to go back to basics in brand overhaul effort
Finance
Rugby-RFU chairman Ilube resigns amid review of huge payouts to executives
Finance
Foxconn interest in Nissan on hold amid Nissan-Honda merger talks, Bloomberg News reports
Finance
UK's FTSE 100 set for worst week in 16 months
Prax and Shell call off deal on stake in PCK Schwedt oil refinery
Date: December 20, 2024
LONDON (Reuters) - Prax and Shell have decided not to proceed with the sale of Shell's share in the PCK Schwedt oil refinery in Germany to Prax, they said on Friday. Shell agreed to sell its 37.5%...
TotalEnergies to operate two Danish offshore wind projects
Date: December 20, 2024
COPENHAGEN (Reuters) - TotalEnergies said on Friday it had completed a planned purchase of majority stakes in two offshore wind projects in Denmark that recently obtained construction permits. The...
UK car manufacturing hits 44-year low in November, industry data shows
Date: December 20, 2024
(Reuters) – UK car manufacturing hit its lowest November output since 1980, as the industry grapples with the shift to zero-emission vehicles and rising costs, according to data released Friday by the Society of Motor Manufacturers and Traders (SMMT). Factory lines produced 64,216 units in November, a 30.1% drop from the previous year. “While a...
Swiss inquiry castigates failings of Credit Suisse oversight, but pins most blame on bosses
Date: December 20, 2024
By Dave Graham and Ariane Luthi BERN (Reuters) - Swiss lawmakers called for stricter oversight of the financial sector after investigating the collapse of Credit Suisse, casting an unflattering light...
Factbox-Swiss findings on the Credit Suisse collapse
Date: December 20, 2024
ZURICH (Reuters) - Switzerland on Friday published a long-awaited parliamentary report into last year's collapse of Credit Suisse, an event that called into question the country's reputation for...
How secretive Swiss sought to keep a lid on the Credit Suisse crisis
Date: December 20, 2024
By John O'Donnell, Stefania Spezzati and Dave Graham LONDON/BERN (Reuters) - Secret meetings, mistrust among officials and attempts to downplay the gravity of Credit Suisse's problems hamstrung...