Business

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

Business

Pessimism Prevails Among German Firms for 2025, Survey Shows

Image for UK house prices likely to rise by 2%-4% in 2025, Nationwide says

Finance

UK House Prices Likely to Rise by 2%-4% in 2025, Nationwide Says

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

Sterling Ticks Up, PMIs Show UK Price Pressures

Date: December 16, 2024

By Greta Rosen Fondahn (Reuters) - Sterling rose against the dollar and euro on Monday as a survey of business activity pointed to a rise in prices in Britain and as investors braced for a string of...

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

By Yantoultra Ngui SINGAPORE (Reuters) – German insurer Allianz has withdrawn its offer to acquire at least 51% of Singapore’s Income Insurance for about $1.63 billion, the company said in a statement on Monday. Reuters reported on Dec. 13 that the insurer had scrapped the proposed acquisition. Allianz, which unveiled its offer in July, said...

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...