business

Image for Equinor, partners combine two planned UK offshore wind projects

Finance

Equinor, partners combine two planned UK offshore wind projects

Image for ECB imposes extra capital charge on 13 banks over leverage risk

Finance

ECB imposes extra capital charge on 13 banks over leverage risk

Image for Oil washes up on Russia's Black Sea coast after tankers damaged, governor says

Finance

Oil washes up on Russia's Black Sea coast after tankers damaged, governor says

Image for German business sentiment tumbles in December

Finance

German business sentiment tumbles in December

Image for Poland seizes liquid cocaine worth $1.9 million in wine shipment

Poland seizes liquid cocaine worth $1.9 million in wine shipment

Date: December 17, 2024

WARSAW (Reuters) - Polish authorities have seized 44 litres of liquid cocaine worth about 7.5 million zlotys ($1.85 million) that was hidden in cartons of wine, the Border Guard said on Tuesday....

Image for ECB's Rehn says speed, scale of rate cuts to be decided at each meeting

ECB's Rehn says speed, scale of rate cuts to be decided at each meeting

Date: December 17, 2024

HELSINKI (Reuters) - Finnish ECB policymaker Olli Rehn said on Tuesday that euro area inflation is more clearly stabilising at the European Central Bank's 2% target, and that this helps set the stage...

Image for VW, unions resume last-ditch round of talks for the year on cost cuts

VW, unions resume last-ditch round of talks for the year on cost cuts

Date: December 17, 2024

BERLIN (Reuters) - Volkswagen management and labour representatives will resume high pressure talks on Tuesday morning over planned cost cuts to the carmaker's German sites after a 13-hour negotiation...

Image for Oil, healthcare stocks push European shares to two-week lows

Oil, healthcare stocks push European shares to two-week lows

Date: December 17, 2024

(Reuters) - European shares fell to two-week lows on Tuesday, led by energy and healthcare stocks, as investors awaited a slew of major central bank decisions later in the week. The pan-European STOXX...

Image for UK's Land Securities acquires 92% stake in Liverpool ONE for $622 million

UK's Land Securities acquires 92% stake in Liverpool ONE for $622 million

Date: December 17, 2024

(Reuters) - British commercial property firm Land Securities (Landsec) on Tuesday said it acquired a 92% stake in shopping centre Liverpool ONE for 490 million pounds ($622.1 million), betting on...

Image for How Germany’s parties say they will revive its anaemic economy

How Germany’s parties say they will revive its anaemic economy

Date: December 17, 2024

By Maria Martinez BERLIN (Reuters) -Germany’s main political parties will present their election programmes on Tuesday, a day after parliament backed a no-confidence motion in Chancellor Olaf Scholz’s government, paving the way for a snap election on Feb. 23. Disagreements over how to save Europe’s largest economy had been the main factor behind the collapse...