finance

Image for UK builders suffer longest downturn since global financial crisis

Finance

UK builders suffer longest downturn since global financial crisis

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

Finance

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

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

Finance

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

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

Finance

IKEA to close seven stores in China amid strategy shift

Image for Yemen separatist leader fails to attend crisis talks as Saudi-UAE rift deepens

Yemen separatist leader fails to attend crisis talks as Saudi-UAE rift deepens

Date: January 7, 2026

By Ahmed Elimam, Enas Alashray and Maha El Dahan Jan 7 (Reuters) - The leader of Yemen's southern separatists, Aidarous al-Zubaidi, was in the port city of Aden on Wednesday, the group said, after he...

Image for Kenyan beer firm asks court to block Diageo's $2.3 billion EABL sale to Asahi

Kenyan beer firm asks court to block Diageo's $2.3 billion EABL sale to Asahi

Date: January 7, 2026

NAIROBI, Jan 7 (Reuters) - A Kenyan beer distribution firm has lodged a suit at the High Court seeking to block Diageo's $2.3 billion sale of its Kenyan subsidiary EABL to Japan's Asahi Holdings over...

Image for Weinstein's Saba Capital presses again for board shake-up at Edinburgh Worldwide

Weinstein's Saba Capital presses again for board shake-up at Edinburgh Worldwide

Date: January 7, 2026

Jan 7 (Reuters) - Boaz Weinstein's Saba Capital, the top shareholder of Edinburgh Worldwide Investment Trust, on Wednesday renewed its call for investors to elect a new, independent board after a "...

Image for Ireland's Kingspan abandons IPO plans for data centre infrastructure business

Ireland's Kingspan abandons IPO plans for data centre infrastructure business

Date: January 7, 2026

DUBLIN, Jan 7 (Reuters) - Kingspan dropped plans for an initial public offering of 25% of its data centre-focused ADVNSYS business on Wednesday, saying shareholder value would be maximised by...

Image for Snowstorm-hit travellers bed down in Amsterdam airport, Parisians take to skis

Snowstorm-hit travellers bed down in Amsterdam airport, Parisians take to skis

Date: January 7, 2026

BRUSSELS, Jan 7 (Reuters) - Western Europe braced for more snow and ice on Wednesday, with the first named storm of the year hitting the continent's Atlantic coast. More flights were cancelled, train...

Image for Volvo Cars sales rise 2% in December as fully electric jump in Europe and the US 

Volvo Cars sales rise 2% in December as fully electric jump in Europe and the US 

Date: January 7, 2026

Jan 7 (Reuters) - Sweden-based Volvo Cars sold 75,049 cars in December, up 2% from a year earlier, it said on Wednesday. (Reporting by Jagoda Darlak, editing by Terje Solsvik and Anna Ringstrom )...