finance

Image for Sterling holds near highest level in over three months ahead of US data

Finance

Sterling holds near highest level in over three months ahead of US data

Image for Stellantis car production in Italy fell to 71-year low in 2025, union says

Finance

Stellantis car production in Italy fell to 71-year low in 2025, union says

Image for Norway's Equinor does not plan return to Venezuela, CEO says

Finance

Norway's Equinor does not plan return to Venezuela, CEO says

Image for Fire put out at oil depot in Russia's Belgorod after Ukrainian drone attack, state TV says

Finance

Fire put out at oil depot in Russia's Belgorod after Ukrainian drone attack, state TV says

Image for Euro zone economy ends 2025 on benign note even as risks linger

Euro zone economy ends 2025 on benign note even as risks linger

Date: January 7, 2026

FRANKFURT, Jan 7 (Reuters) - Euro zone inflation slowed as expected last month, hitting the European Central Bank's 2% target before likely moving lower in the coming months as falling energy costs...

Image for Japan's Marubeni buys British sportswear brand Gola

Japan's Marubeni buys British sportswear brand Gola

Date: January 7, 2026

LONDON, Jan 7 (Reuters) - Marubeni unit Marubeni Consumer Platform US (MCPU) said on Wednesday it had acquired Britain-based Jacobson Group, a portfolio of footwear brands including Gola, Lotus, Ravel...

Image for UK builders suffer longest downturn since global financial crisis

UK builders suffer longest downturn since global financial crisis

Date: January 7, 2026

LONDON, Jan 7 (Reuters) - British construction output contracted for the 12th month in a row in December, its longest such run in almost two decades, but there were signs of optimism about 2026, an...

Image for UK watchdog fines ex-Carillion finance directors after they drop appeals

UK watchdog fines ex-Carillion finance directors after they drop appeals

Date: January 7, 2026

LONDON, Jan 7 (Reuters) - Britain's financial watchdog said on Wednesday it had fined two former Carillion directors for their part in issuing misleading statements by the British construction...

Image for Ukraine pushes EU membership bid as Cyprus takes bloc's presidency

Ukraine pushes EU membership bid as Cyprus takes bloc's presidency

Date: January 7, 2026

NICOSIA, Jan 7 - Cyprus assumed the rotating presidency of the European Union on Wednesday, marking the start of its six-month term with a meeting in Nicosia attended by Ukrainian President Volodymyr...

Image for IKEA to close seven stores in China amid strategy shift

IKEA to close seven stores in China amid strategy shift

Date: January 7, 2026

SHANGHAI, Jan 7 (Reuters) - Furniture retailer IKEA is closing seven stores in China from February 2, it said in a statement on Wednesday. The stores earmarked for closure include one in suburban...