business

Image for UniCredit raises Commerzbank stake to 28% with further derivatives

Finance

UniCredit raises Commerzbank stake to 28% with further derivatives

Image for Five Monte dei Paschi board members resign

Finance

Five Monte dei Paschi board members resign

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

Finance

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

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

Finance

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

Image for Home improvement retailer Kingfisher sells Romanian unit for $74 million

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...

Image for London's Heathrow to invest nearly $3 billion to upgrade airport

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...

Image for Curva nostra? Mob infiltration of soccer 'ultras' spreads across Italy

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...

Image for Talks between VW, unions over cuts continue into Wednesday, sources say

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...

Image for Orsted divests 50% stake in three US onshore projects for $572 million

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...

Image for UK inflation rises to 2.6% in November

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...