Finance
Russian mobile operator MTS to cut staff in drive to reduce debt
(Reuters) - Russia's largest telecoms operator MTS said on Friday it would cut around 2% of staff an...
20th December, 2024
Business
The Business category explores corporate strategy, leadership, mergers, acquisitions and regulatory reforms. In line with Global Banking & Finance Review’s commitment to industry news and case studies, it offers analysis to help executives navigate an evolving business landscape.
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Finance
Slovak battery maker InoBat raises 100 million euros in latest funding round
(Reuters) - Slovak battery maker InoBat has raised 100 million euros ($104 million) in its latest fu...
20th December, 2024
Finance
Turkey receives waiver for gas payments to Russia from Gazprombank sanctions
ISTANBUL (Reuters) - Turkey has received an exemption for gas payments to Russia after the United St...
20th December, 2024
Business
Exclusive-Nornickel in talks with Xiamen C&D to shift copper smelting to China
By Polina Devitt and Amy Lv LONDON/BEIJING (Reuters) – Chinese conglomerate Xiamen C&D and Russia’s...
20th December, 2024
Business
US presses EU to align methane regulations for LNG
By Valerie Volcovici WASHINGTON (Reuters) – U.S. officials doubled down on their appeal to EU counte...
20th December, 2024
Finance
UK borrows less than expected in November but Reeves still under pressure
By Andy Bruce (Reuters) -Britain ran a smaller-than-expected budget deficit last month but only beca...
20th December, 2024
Finance
Credit Agricole buys remainder of Caceis custody and asset JV from Santander
MADRID (Reuters) - Credit Agricole agreed to buy a 30.5% stake from Spain's Santander in custody and...
20th December, 2024
Finance
UniCredit CEO says Commerzbank stake, BPM bid tests for Europe's future
MILAN (Reuters) - UniCredit's CEO Andrea Orcel said his bank's investment in German rival Commerzban...
20th December, 2024
Finance
UK retail sales edge up by 0.2% in November
LONDON (Reuters) -British retail sales rose by a weaker-than-expected 0.2% in November, according to...
20th December, 2024
Finance
German producer prices rise unexpectedly in November
(Reuters) - German producer prices rose unexpectedly in November, increasing by 0.1% on the year, th...
20th December, 2024
Finance
Trump says EU should make up 'tremendous deficit' with US by purchasing its oil and gas
(Reuters) - U.S. President-elect Donald Trump said on Friday that the European Union must purchase U...
20th December, 2024
Finance
Luxury labels bulk up on lower-priced goods to appeal to middle-class shoppers
By Mimosa Spencer PARIS (Reuters) - Confronting a broad decline in demand for their usual fare, incl...
20th December, 2024