business

Image for Norway's sovereign wealth fund buys stakes in logistics properties

Finance

Norway's sovereign wealth fund buys stakes in logistics properties

Image for Lamborghini delays first EV launch to 2029 as market not ready, CEO says

Finance

Lamborghini delays first EV launch to 2029 as market not ready, CEO says

Image for Sterling ticks up, PMIs show UK price pressures

Finance

Sterling ticks up, PMIs show UK price pressures

Image for Allianz withdraws $1.63 billion offer for Singapore’s Income Insurance

Business

Allianz withdraws $1.63 billion offer for Singapore’s Income Insurance

Image for Disaster insurance set to test Italy's business backbone in 2025

Disaster insurance set to test Italy's business backbone in 2025

Date: December 16, 2024

By Alberto Chiumento and Andrea Mandala ROME (Reuters) - Italian companies are preparing to comply with a requirement to take out natural disaster insurance from next April, although some fear it will...

Image for Weight-loss drugs draw Americans back to the doctor

Weight-loss drugs draw Americans back to the doctor

Date: December 16, 2024

By Deena Beasley (Reuters) - Powerful weight-loss drugs are expanding use of U.S. health care as patients starting prescriptions are diagnosed with obesity-related conditions or take the drugs to...

Image for Exclusive-Procter & Gamble to disclose more details about wood-pulp audits, investors say

Exclusive-Procter & Gamble to disclose more details about wood-pulp audits, investors say

Date: December 16, 2024

By Jessica DiNapoli NEW YORK (Reuters) - Procter & Gamble has promised a group of shareholders it will disclose more details about how it audits wood-pulp suppliers, the investors told Reuters, after...

Image for Putin accuses West of pushing Russia to its "red lines" forcing it to respond

Putin accuses West of pushing Russia to its "red lines" forcing it to respond

Date: December 16, 2024

MOSCOW (Reuters) - Russian President Vladimir Putin on Monday accsued the West of pushing Russia to its "red lines" - situations it has publicly made clear it will not tolerate - and said Moscow had...

Image for France-UK electrical interconnector suspension extended, operator says

France-UK electrical interconnector suspension extended, operator says

Date: December 16, 2024

(Reuters) – The electrical interconnector between France and Britain will stay suspended until February 2025 due to a damaged cable, channel operator Getlink said on Monday. The service was first suspended on Sept. 25. The expected return of service is now expected on Feb. 10. Getlink, which runs the undersea tunnel connecting France to the...

Image for Factbox-Criteria to adopt the euro currency

Factbox-Criteria to adopt the euro currency

Date: December 16, 2024

BRUSSELS (Reuters) - Bulgaria might enter the euro zone and become the bloc's 21st member on January 1, 2026, if it receives a green light from the European Commission and the European Central Bank in...