business

Finance
UniCredit raises Commerzbank stake to 28% with further derivatives

Finance
Five Monte dei Paschi board members resign

Finance
UK's Starmer confirms plan to boost defence spending to 2.5% of GDP

Finance
Slovak PM Fico to meet EU's Von der Leyen on Ukraine gas transit

Home improvement retailer Kingfisher sells Romanian unit for $74 million
Date: December 18, 2024
LONDON (Reuters) - European home improvement retailer Kingfisher said on Wednesday it has agreed the sale of its Brico Depot Romania business to Altex Romania for an enterprise value of 70 million...

London's Heathrow to invest nearly $3 billion to upgrade airport
Date: December 18, 2024
(Reuters) -Heathrow said on Wednesday it planned to invest 2.3 billion pounds ($2.92 billion) over the next two years to upgrade Britain's busiest airport. The investment is an uplift of 244 million...

Curva nostra? Mob infiltration of soccer 'ultras' spreads across Italy
Date: December 18, 2024
By Emilio Parodi and Elvira Pollina MILAN (Reuters) - Italian crime bosses and the far-right are tapping into the muscle and money-spinning activities of hardline 'ultra' soccer fans in several...

Talks between VW, unions over cuts continue into Wednesday, sources say
Date: December 18, 2024
BERLIN (Reuters) - Talks between Volkswagen and unions on cuts to its German operations continued through the night and into Wednesday, according to two sources familiar with negotiations, as the...

Orsted divests 50% stake in three US onshore projects for $572 million
Date: December 18, 2024
COPENHAGEN (Reuters) - Denmark's Orsted said on Wednesday it would divest a 50% equity stake in three U.S. onshore projects to Energy Capital Partners for $572 million. The farm-downs include two...

UK inflation rises to 2.6% in November
Date: December 18, 2024
LONDON (Reuters) - British inflation rose to an annual rate of 2.6% in November from 2.3% in October, official figures showed on Wednesday. A Reuters poll of economists had pointed to a reading of 2.6...
