Business

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

Business

France-UK Electrical Interconnector Suspension Extended, Operator Says

Image for Factbox-Criteria to adopt the euro currency

Finance

Factbox-Criteria to Adopt the Euro Currency

Image for US specialty vehicle maker Shyft to merge with Switzerland-based Aebi Schmidt

Finance

US Specialty Vehicle Maker Shyft to Merge With Switzerland-Based Aebi Schmidt

Image for SNB lowers threshold factor for sight deposit interest payments

Finance

SNB Lowers Threshold Factor for Sight Deposit Interest Payments

Image for Stellantis swiftly reshapes strategy under Elkann after Tavares exit

Stellantis Swiftly Reshapes Strategy Under Elkann After Tavares Exit

Date: December 16, 2024

By Giulio Piovaccari and Nora Eckert MILAN/DETROIT (Reuters) – Steered by Chairman John Elkann, Stellantis, owner of 14 brands including Fiat, Jeep and Ram, is acting swiftly to dismantle the legacy of its former CEO and repair relations with dealers, industry partners, governments and workers. Carlos Tavares abruptly resigned on Dec. 1, almost 18 months...

Image for Europe's jobs market continues to soften

Europe's Jobs Market Continues to Soften

Date: December 16, 2024

FRANKFURT (Reuters) - Europe's labour market softened in the third quarter, data releases showed on Monday, pointing to a further decline in inflation pressures that could justify more interest rate...

Image for ECB is confident that inflation will converge to target in 2025, De Guindos says

ECB Is Confident That Inflation Will Converge to Target in 2025, De Guindos Says

Date: December 16, 2024

MADRID (Reuters) - The European Central Bank is confident that inflation will converge to the 2% goal in 2025 as is reflected in its monetary policy, ECB's Vice-President Luis de Guindos said on...

Image for UK stocks dip at start of policy decision-packed week, Entain drops

UK Stocks Dip at Start of Policy Decision-Packed Week, Entain Drops

Date: December 16, 2024

(Reuters) - UK's FTSE 100 index slipped on Monday ahead of a raft of major central bank interest-rate decisions, with Entain dropping on Australian financial crime watchdog's initiated legal...

Image for VW labour representative hopes for compromise before Christmas

Vw Labour Representative Hopes for Compromise Before Christmas

Date: December 16, 2024

HANOVER, Germany (Reuters) - Volkswagen works council chief Daniela Cavallo is hoping for a good compromise this year in the German carmaker's row with workers over cost-cutting, she said ahead of the...

Image for UK firms cut staffing by most since 2021 as budget bites, PMI shows

UK Firms Cut Staffing by Most Since 2021 as Budget Bites, PMI Shows

Date: December 16, 2024

By William Schomberg LONDON (Reuters) - British businesses this month cut staff numbers at the fastest pace in almost four years, raised prices and turned more pessimistic about the outlook, placing...