Business
Business
Italy Business Morale Picks up in December but Consumers More Downbeat
Finance
Frasers Founder Mike Ashley Fails to Win Seat on Boohoo Board
Finance
Lure of Anglo's Copper Mines Could Test BHP's Spending Resolve
Finance
Ex-IMF Chief Rato Sentenced to 4 Years, 9 Months in Prison Over Corruption Case
Sterling Set to End Week in Red Against Dollar as Outlooks Diverge
Date: December 20, 2024
By Greta Rosen Fondahn (Reuters) - Sterling held up against the dollar on Friday but was set to end the week lower after coming under pressure from divided Bank of England policymakers' views and a...
After Northvolt, Europe’s Battery Hopes Rely Heavily on China
Date: December 20, 2024
By Nick Carey VODERADY, Slovakia (Reuters) – Northvolt’s financial collapse has not entirely crushed Europe’s dream of developing its own electric vehicle batteries but fulfilling it is likely to require Chinese cash and expertise. InoBat CEO Marian Bocek’s Slovakian start-up had to work hard to secure funding until China’s fifth-largest battery maker Gotion bought a...
Russian Central Bank Keeps Rates on Hold After Putin's Call for 'balance'
Date: December 20, 2024
By Elena Fabrichnaya and Gleb Bryanski MOSCOW (Reuters) - The Russian central bank kept its key interest rate on hold at 21% on Friday, surprising the market, which had expected a 2 percentage point...
Collapsed UK Law Firm Axiom Ince's CEO Charged With Fraud
Date: December 20, 2024
LONDON (Reuters) - Britain's Serious Fraud Office on Friday charged the CEO of collapsed law firm Axiom Ince with fraud over the alleged improper use of more than 60 million pounds ($75.02 million) of...
German Retailers More Pessimistic in Holiday Season, Ifo Says
Date: December 20, 2024
By Maria Martinez BERLIN (Reuters) – The business climate index in Germany’s retail sector fell slightly in normally consumer spending-heavy December, as retailers assess their current situation as somewhat worse than in November, the Ifo Institute said on Friday. Business expectations for the coming months also declined slightly, Ifo added. This year was very challenging...
Italy Fines OpenAI 15 Million Euros Over Privacy Rules Breach
Date: December 20, 2024
MILAN (Reuters) - Italy's privacy watchdog said on Friday it fined ChatGPT maker OpenAI 15 million euros ($15.58 million) after closing an investigation into use of personal data by the generative...