Business

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

Business

Luxury Labels Bulk up on Lower-Priced Goods to Appeal to Middle-Class Shoppers

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

Finance

Greece's Current Account Deficit Narrows Sharply in October Thanks to Tourism

Image for Nike's new CEO plans to go back to basics in brand overhaul effort

Finance

Nike's New CEO Plans to Go Back to Basics in Brand Overhaul Effort

Image for Rugby-RFU chairman Ilube resigns amid review of huge payouts to executives

Finance

Rugby-RFU Chairman Ilube Resigns Amid Review of Huge Payouts to Executives

Image for Foxconn interest in Nissan on hold amid Nissan-Honda merger talks, Bloomberg News reports

Foxconn Interest in Nissan on Hold Amid Nissan-Honda Merger Talks, Bloomberg News Reports

Date: December 20, 2024

(Reuters) - Taiwan's Foxconn is pausing its interest in Nissan Motor as the Japanese automaker explores a potential merger with Honda Motor, Bloomberg News reported on Friday, citing people familiar...

Image for UK's FTSE 100 set for worst week in 16 months

UK's FTSE 100 Set for Worst Week in 16 Months

Date: December 20, 2024

(Reuters) - UK's FTSE 100 touched an over one-month low on Friday, led by declines in personal goods and bank shares, with the main stock index on track for its sharpest drop since August 2023 for the...

Image for Prax and Shell call off deal on stake in PCK Schwedt oil refinery

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%...

Image for TotalEnergies to operate two Danish offshore wind projects

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...

Image for UK car manufacturing hits 44-year low in November, industry data shows

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...

Image for Swiss inquiry castigates failings of Credit Suisse oversight, but pins most blame on bosses

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...