finance

Image for Moody's cuts Budapest's rating to junk due to row with national government

Headlines

Moody's cuts Budapest's rating to junk due to row with national government

Image for German prosecutors to end probe of billionaire Usmanov upon payment of 10 million euros

Headlines

German prosecutors to end probe of billionaire Usmanov upon payment of 10 million euros

Image for Russia shows off deployment of nuclear-capable Oreshnik missiles in Belarus

Headlines

Russia shows off deployment of nuclear-capable Oreshnik missiles in Belarus

Image for Wall Street closes slightly lower near the end of a banner year; gold rebounds

Finance

Wall Street closes slightly lower near the end of a banner year; gold rebounds

Image for Citigroup board approves sale of Russia unit, flags $1.2 billion loss

Citigroup board approves sale of Russia unit, flags $1.2 billion loss

Date: December 30, 2025

Dec 29 (Reuters) - Citigroup on Monday said its board approved the sale of its Russian unit, AO Citibank, to Renaissance Capital, in a deal that will lead to a pre-tax loss of about $1.2 billion that...

Image for Oil flat as Russia-Ukraine peace hopes fade, Yemen tensions rise

Oil flat as Russia-Ukraine peace hopes fade, Yemen tensions rise

Date: December 30, 2025

Dec 30 (Reuters) - Oil prices retreated a touch early on Tuesday after rising more than 2% in the previous session, partly driven by spillover from a pullback in precious metals even as escalating...

Image for China encircles Taiwan in massive military display

China encircles Taiwan in massive military display

Date: December 30, 2025

BEIJING/TAIPEI, Dec 30 (Reuters) - China launched 10 hours of live-firing exercises around Taiwan on Tuesday, the second day of Beijing's largest-ever war games around the island, aimed at swiftly...

Image for Idris Elba, Torvill and Dean star in Britain's New Year honours

Idris Elba, Torvill and Dean star in Britain's New Year honours

Date: December 29, 2025

Dec 29 (Reuters) - Actor Idris Elba and ice dancers Jayne Torvill and Christopher Dean were among the hundreds named in King Charles's New Year honours list published on Monday. The full list includes...

Image for UK's IPF agrees to $733 million takeover by BasePoint entity

UK's IPF agrees to $733 million takeover by BasePoint entity

Date: December 29, 2025

Dec 29 (Reuters) - British lender International Personal Finance said on Monday it has agreed to a 543 million-pound ($732.51 million) takeover by a company associated with BasePoint Capital,...

Image for Britain's Octopus Energy to spin out Kraken at $8.65 billion valuation

Britain's Octopus Energy to spin out Kraken at $8.65 billion valuation

Date: December 29, 2025

Dec 29 (Reuters) - Britain's biggest household gas and electricity supplier Octopus Energy Group is close to selling a 10% to 20% stake in its software unit, Kraken Technologies, in a deal that would...