Finance

Image for Austrian property tycoon Benko's family trust files for insolvency

Finance

Austrian Property Tycoon Benko's Family Trust Files for Insolvency

Image for Revolut gets full UK banking licence after years-long wait

Finance

Revolut Gets Full UK Banking Licence After Years-Long Wait

Image for Energy price surge a risk to Hungary's rating, S&P says

Finance

Energy Price Surge a Risk to Hungary's Rating, S&P Says

Image for Exclusive-Shell declares force majeure to clients who buy Qatari LNG, sources say

Finance

Exclusive-Shell Declares Force Majeure to Clients Who Buy Qatari Lng, Sources Say

Image for Germany to release oil reserves in global push to tackle Iran war energy price surge

Germany to Release Oil Reserves in Global Push to Tackle Iran War Energy Price Surge

Date: March 11, 2026

BERLIN, March 11 (Reuters) - Germany will release part of its oil reserves after the International Energy Agency recommended the release of 400 million barrels of oil from stockpiles, the largest such...

Image for Babybel cheese maker expands South Dakota plant as weight loss drugs help stoke demand

Babybel Cheese Maker Expands South Dakota Plant as Weight Loss Drugs Help Stoke Demand

Date: March 11, 2026

By Nicholas P. Brown NEW YORK, March 11 (Reuters) - Bel Group, the French company famous for cheese snacks like Babybel and Laughing Cow, broke ground on Wednesday on a $200 million project to double...

Image for Activist Starboard urges CarMax to overhaul digital sales, cut costs

Activist Starboard Urges CarMax to Overhaul Digital Sales, Cut Costs

Date: March 11, 2026

March 11 (Reuters) - Activist investor Starboard Value on Wednesday urged CarMax to revamp its digital car-buying and selling platform and tighten costs, arguing the used-car retailer has "fallen well...

Image for Sterling firms up with traders split over oil risks

Sterling Firms up With Traders Split Over Oil Risks

Date: March 11, 2026

By Niket Nishant LONDON, March 11 (Reuters) - The British pound inched higher on Wednesday, in a choppy session that saw traders weighing fears of an oil supply shock from the Middle East conflict...

Image for Bundesbank will ditch landmark HQ due to rising renovation costs

Bundesbank Will Ditch Landmark Hq Due to Rising Renovation Costs

Date: March 11, 2026

FRANKFURT, March 11 (Reuters) - Germany's central bank said on Wednesday it would ditch its 1970s-era headquarters in Frankfurt and buy a new site after a political storm over spiralling renovation...

Image for Analysis-Iran-linked energy spike shrinks emerging markets' room for rate cuts

Analysis-Iran-linked Energy Spike Shrinks Emerging Markets' Room for Rate Cuts

Date: March 11, 2026

By Karin Strohecker LONDON, March 11 (Reuters) - The oil price spike brought on by the war in Iran has, for now, short-circuited a monetary easing push among emerging market central banks from Poland...