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Finance
Italy's Banca Akros says it handled MPS stake placement properly
Finance
When AI vies with Taylor Swift as the hot ticket in town
Finance
Exclusive-Britain pares back secretive China strategy review, seeking closer ties
Finance
Arm-Qualcomm trial set to begin over chip contract dispute
Johnson Matthey's largest shareholder calls for strategic review, board reshuffle
Date: December 16, 2024
(Reuters) - Standard Investments, the largest shareholder in UK's Johnson Matthey, on Monday urged the British autocatalyst maker to initiate a strategic review and overhaul its board. Standard...
EU adopts new Russia sanctions targeting China, shadow fleet
Date: December 16, 2024
By Julia Payne BRUSSELS (Reuters) - The European Union has adopted a 15th package of sanctions against Russia over its invasion of Ukraine, including tougher measures against Chinese entities and more...
Decline in euro zone business activity eases in December, PMI shows
Date: December 16, 2024
By Jonathan Cable LONDON (Reuters) -The decline in euro zone business activity eased this month as the bloc’s dominant services industry bounced back to growth and offset a long-running contraction in the manufacturing industry, a survey showed on Monday. HCOB’s preliminary composite euro zone Purchasing Managers’ Index, compiled by S&P Global, rose to 49.5 in...
German business activity ends year in contraction territory, PMI shows
Date: December 16, 2024
By Maria Martinez BERLIN (Reuters) – Germany’s economic downturn eased slightly in December but business activity still contracted for a sixth month running, according to a survey published on Monday. The HCOB German flash composite Purchasing Managers’ Index, compiled by S&P Global, rose to 47.8 from 47.2 in November, but remained in contraction territory. Analysts...
Pessimism prevails among German firms for 2025, survey shows
Date: December 16, 2024
(Reuters) – German companies feel pessimistic about the new year, with only 12.6% expecting business conditions to improve in 2025, according to a poll by the Ifo institute of some 8,000 firms published on Monday. “No sector is really optimistic about 2025. A lot of work awaits the new German government,” says Klaus Wohlrabe, head...
UK house prices likely to rise by 2%-4% in 2025, Nationwide says
Date: December 16, 2024
LONDON (Reuters) - British house prices are expected to increase next year as borrowing costs and affordability constraints ease, despite a rise in home purchase taxes that will take effect from April...