business

Image for Instant view: BoE keeps rates on hold but policymakers more divided

Finance

Instant view: BoE keeps rates on hold but policymakers more divided

Image for Czech arms group CSG plans to boost Kinetic's military ammo sales

Finance

Czech arms group CSG plans to boost Kinetic's military ammo sales

Image for EssilorLuxottica and Prada extend eyewear licensing agreement

Business

EssilorLuxottica and Prada extend eyewear licensing agreement

Image for Fortum to buy renewable power portfolio for $9.4 million

Business

Fortum to buy renewable power portfolio for $9.4 million

Image for Covestro shareholders accept ADNOC’s XRG takeover offer

Covestro shareholders accept ADNOC’s XRG takeover offer

Date: December 19, 2024

(Refiles to correct timing of Egypt JV in paragraph 10) By Yousef Saba DUBAI (Reuters) – XRG, the international investments arm of Abu Dhabi National Oil Company (ADNOC), said on Thursday it will become the new majority shareholder in Covestro after the German chemicals maker’s shareholders approved a takeover offer. Shares tendered and bought by...

Image for Seeing low-income consumers squeezed, retailers target $10 and under gifts

Seeing low-income consumers squeezed, retailers target $10 and under gifts

Date: December 19, 2024

By Jessica DiNapoli NEW YORK (Reuters) - Retailers including Target and Walmart are stocking shelves with more toys and gifts such as Barbies that cost less than $10 this holiday season, a strategy...

Image for Swedish police go on board Yi Peng 3 vessel at invitation of China

Swedish police go on board Yi Peng 3 vessel at invitation of China

Date: December 19, 2024

COPENHAGEN (Reuters) - Swedish police said on Thursday they had gone on board the Yi Peng 3 vessel off the coast of Denmark at the invitation of Chinese authorities. The Chinese bulk carrier is wanted...

Image for Renewable energy produced record 56% of Spain's electricity in 2024

Renewable energy produced record 56% of Spain's electricity in 2024

Date: December 19, 2024

MADRID (Reuters) - Renewable energy sources such as wind and solar accounted for a record 56% of Spain's electricity production in 2024, according to estimates by power grid operator Red Electrica,...

Image for Putin says Russia is moving closer to achieving goals in Ukraine

Putin says Russia is moving closer to achieving goals in Ukraine

Date: December 19, 2024

By Vladimir Soldatkin and Andrew Osborn MOSCOW (Reuters) - President Vladimir Putin said on Thursday that Russian forces were moving towards achieving their primary goals on the battlefield in Ukraine...

Image for UK financial watchdog proposes simpler investor information system

UK financial watchdog proposes simpler investor information system

Date: December 19, 2024

(Reuters) - The UK's Financial Conduct Authority (FCA) on Thursday proposed replacing its existing complex investor information system with a simpler one, aiming to boost investments in the country....