business

Image for ECB should keep cutting rates in small steps, Kazimir says

Finance

ECB should keep cutting rates in small steps, Kazimir says

Image for Decline in euro zone business activity eases in December, PMI shows

Finance

Decline in euro zone business activity eases in December, PMI shows

Image for Britain sets first codes of practice for tech firms in online safety regime

Finance

Britain sets first codes of practice for tech firms in online safety regime

Image for Norway oil and gas industry eyes record investment in 2025

Finance

Norway oil and gas industry eyes record investment in 2025

Image for Russian tankers damaged in Kerch Strait were carrying 62,000 barrels of oil products, TASS says

Russian tankers damaged in Kerch Strait were carrying 62,000 barrels of oil products, TASS says

Date: December 16, 2024

MOSCOW (Reuters) - Two Russian tankers that spilled oil into the Kerch Strait after sustaining serious damage during a heavy storm on Sunday were carrying 9,200 metric tons (62,000 barrels) of oil...

Image for Thai tourism group Minor offers to buy out Spanish arm's minority shareholders

Thai tourism group Minor offers to buy out Spanish arm's minority shareholders

Date: December 16, 2024

(Reuters) - Thai tourism group Minor International has offered to buy out minority shareholders of Spain's Minor Hotels Europe & Americas, the Spanish company said late on Friday. The Thai group,...

Image for Pessimism prevails among German firms for 2025, survey shows

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...

Image for German business activity ends year in contraction territory, PMI shows

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....

Image for French stocks lead declines in Europe, business surveys on deck

French stocks lead declines in Europe, business surveys on deck

Date: December 16, 2024

(Reuters) - French stocks led mild losses across European markets on Monday after a surprise ratings downgrade by Moody's, while investors awaited December business activity readings for clues on the...

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

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

Date: December 16, 2024

SINGAPORE (Reuters) - Allianz has withdrawn its offer to acquire at least 51% of Singapore's Income Insurance for about $1.63 billion, the German company said in a statement on Monday. Reuters...