Business

Image for France's Macron to visit Mayotte shantytowns wrecked by Cyclone Chido

Finance

France's Macron to Visit Mayotte Shantytowns Wrecked by Cyclone Chido

Image for Russian mobile operator MTS to cut staff in drive to reduce  debt

Finance

Russian Mobile Operator Mts to Cut Staff in Drive to Reduce Debt

Image for Slovak battery maker InoBat raises 100 million euros in latest funding round

Finance

Slovak Battery Maker InoBat Raises 100 Million Euros in Latest Funding Round

Image for Turkey receives waiver for gas payments to Russia from Gazprombank sanctions

Finance

Turkey Receives Waiver for Gas Payments to Russia From Gazprombank Sanctions

Image for Exclusive-Nornickel in talks with Xiamen C&D to shift copper smelting to China

Exclusive-Nornickel in Talks With Xiamen C&d to Shift Copper Smelting to China

Date: December 20, 2024

By Polina Devitt and Amy Lv LONDON/BEIJING (Reuters) – Chinese conglomerate Xiamen C&D and Russia’s Nornickel are in talks to create a joint venture in China to process Nornickel’s copper raw material into metal, two sources with knowledge of the matter told Reuters. Nornickel has struggled to import equipment to sanctions-hit Russia, where it produces...

Image for US presses EU to align methane regulations for LNG

US Presses EU to Align Methane Regulations for Lng

Date: December 20, 2024

By Valerie Volcovici WASHINGTON (Reuters) – U.S. officials doubled down on their appeal to EU counterparts to ensure liquefied natural gas shipments that meet current U.S. methane regulations also automatically comply with Europe’s new standards for gas imports, a letter seen by Reuters on Thursday showed. President Joe Biden’s administration sent a second letter to...

Image for UK borrows less than expected in November but Reeves still under pressure

UK Borrows Less Than Expected in November but Reeves Still Under Pressure

Date: December 20, 2024

By Andy Bruce (Reuters) -Britain ran a smaller-than-expected budget deficit last month but only because past falls in inflation pushed down interest paid on government bonds, a limited boost for...

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

Credit Agricole Buys Remainder of Caceis Custody and Asset Jv From Santander

Date: December 20, 2024

MADRID (Reuters) - Credit Agricole agreed to buy a 30.5% stake from Spain's Santander in custody and asset servicing entity Caceis, the banks said on Thursday, in a deal that will give the French...

Image for UniCredit CEO says Commerzbank stake, BPM bid tests for Europe's future

UniCredit CEO Says Commerzbank Stake, Bpm Bid Tests for Europe's Future

Date: December 20, 2024

MILAN (Reuters) - UniCredit's CEO Andrea Orcel said his bank's investment in German rival Commerzbank and its bid for smaller domestic peer Banco BPM will test the euro zone's commitment towards...

Image for UK retail sales edge up by 0.2% in November

UK Retail Sales Edge up by 0.2% in November

Date: December 20, 2024

LONDON (Reuters) -British retail sales rose by a weaker-than-expected 0.2% in November, according to figures from the Office for National Statistics which added to signs of slow momentum in the...