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Volkswagen, unions continue talks over plant closures and pay cuts, sources say
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Morning Bid: Japan holds, Bank of England up next
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Analysis-US stocks face headwind from rising yields after Fed signals fewer rate cuts
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Dealmakers eye $4 trillion-plus M&A haul in 2025
European car sales fall in November, led by France and Italy, ACEA says
Date: December 19, 2024
By Andrey Sychev and Alessandro Parodi (Reuters) - New car sales growth in Europe turned negative again in November, after showing a meagre growth in October, weighed by sharp declines in France and...
HSBC to cut best lending rate in Hong Kong by 12.5 bps to 5.25%
Date: December 19, 2024
HONG KONG (Reuters) - HSBC Holdings said on Thursday it will cut its best lending rate in Hong Kong by 12.5 basis points to 5.25% from 5.375%, effective Dec. 20. That followed a 25 basis points cut in...
EU leaders to send 'clear message' to Trump on Ukraine, to debate U.S. ties
Date: December 19, 2024
BRUSSELS (Reuters) - European Union leaders aim to send a "clear signal" to U.S. President-elect Donald Trump at a summit on Thursday about their continued support for Ukraine and will also discuss...
Volkswagen, unions still locked in talks over plant closures, pay cuts, sources say
Date: December 19, 2024
HANOVER, Germany (Reuters) - Talks between Volkswagen and labour unions over plant closures and pay cuts are expected to last well into Thursday as both sides have still not reached a deal, according...
BOJ keeps interest rates steady, hawkish board member dissents
Date: December 19, 2024
By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -The Bank of Japan kept interest rates steady on Thursday, as policymakers preferred to tread cautiously in pushing up borrowing costs amid...
Volkswagen nears deal with unions to keep car plants open, Bloomberg says
Date: December 19, 2024
BERLIN (Reuters) - Volkswagen and labour unions are nearing an agreement to restructure the brand without closing factories in Germany, Bloomberg reported on Thursday, citing people familiar with the...