business

Image for Analysis-Macro a must-have for hedge fund investors betting on 2025 market swings

Finance

Analysis-Macro a must-have for hedge fund investors betting on 2025 market swings

Image for Sweden's SBB exchanges $2.9 billion debt, eyes lower leverage ahead

Finance

Sweden's SBB exchanges $2.9 billion debt, eyes lower leverage ahead

Image for 'Oil is everywhere': Russians tackle Black Sea spill

Finance

'Oil is everywhere': Russians tackle Black Sea spill

Image for German 2024 gas consumption up 3.3%, industry group says

Finance

German 2024 gas consumption up 3.3%, industry group says

Image for Birkenstock beats fourth-quarter revenue estimates

Birkenstock beats fourth-quarter revenue estimates

Date: December 18, 2024

(Reuters) - Birkenstock beat market expectations for fourth-quarter revenue on Wednesday, helped by robust full-price sales of the German footwear maker's pricey sandals. The company reported fourth-...

Image for Denmark warns of increased risk of Arctic military confrontation due to Russia's aggression

Denmark warns of increased risk of Arctic military confrontation due to Russia's aggression

Date: December 18, 2024

COPENHAGEN (Reuters) - Denmark, which oversees security in and around Greenland, on Wednesday warned of a heightened risk of military confrontation in the Arctic, driven by aggressive threatening...

Image for Dutch watchdog fines Netflix for not properly informing customers about data use

Dutch watchdog fines Netflix for not properly informing customers about data use

Date: December 18, 2024

(Reuters) - The Dutch Data Protection Authority (DPA) said on Wednesday it fined Netflix 4.75 million euros ($4.98 million) for not properly informing customers about its use of their personal data...

Image for G20 watchdog urges governments to address non-bank financial risks

G20 watchdog urges governments to address non-bank financial risks

Date: December 18, 2024

ZURICH (Reuters) - The Financial Stability Board (FSB) on Wednesday pitched recommendations for governments to reduce risks around hedge funds, insurers and other non-bank financial intermediaries,...

Image for ABB to buy power electronics business from Siemens Gamesa

ABB to buy power electronics business from Siemens Gamesa

Date: December 18, 2024

ZURICH (Reuters) - ABB has agreed to acquire the power electronics unit of Gamesa Electric in Spain from Siemens Gamesa to boost its position in the renewable power conversion technology market, the...

Image for Volkswagen takes 9.9% stake in lithium developer Patriot Battery Metals for C$69 million

Volkswagen takes 9.9% stake in lithium developer Patriot Battery Metals for C$69 million

Date: December 18, 2024

(Reuters) - Patriot Battery Metals said on Wednesday automotive giant Volkswagen has invested approximately C$69 million ($48.18 million) for a 9.9% stake in the Canadian lithium developer. The German...