finance

Image for Mercedes reaches $150 million settlement with US states over diesel scandal

Headlines

Mercedes reaches $150 million settlement with US states over diesel scandal

Image for Three seriously hurt in explosion at chemical plant in France

Headlines

Three seriously hurt in explosion at chemical plant in France

Image for Chris Rea, singer of 'Driving Home for Christmas', dies at 74

Headlines

Chris Rea, singer of 'Driving Home for Christmas', dies at 74

Image for Mercedes reaches $120 million settlement with US states over emissions scandal

Headlines

Mercedes reaches $120 million settlement with US states over emissions scandal

Image for European investment banks fail to capitalise on Trump Tariff turmoil

European investment banks fail to capitalise on Trump Tariff turmoil

Date: December 22, 2025

By Lawrence White LONDON, Dec 22 (Reuters) - Wall Street banks strengthened their lead in European investment banking in 2025, as clients stayed loyal despite global market turmoil and President...

Image for Glencore buys majority stake in Dutch fuel company FincoEnergies

Glencore buys majority stake in Dutch fuel company FincoEnergies

Date: December 22, 2025

By Robert Harvey and Enes Tunagur LONDON, Dec 22 - Global commodities trader and miner Glencore has agreed to acquire a majority stake in Dutch fuel supplier FincoEnergies for an undisclosed sum, the...

Image for HSBC appoints ex-Citi executive Ida Liu to lead private bank

HSBC appoints ex-Citi executive Ida Liu to lead private bank

Date: December 22, 2025

Dec 22 (Reuters) - HSBC said on Monday it appointed Ida Liu as chief executive officer of HSBC's private bank, effective January 5. Liu most recently served as global head of Citi Private Bank and has...

Image for Ellison offers personal guarantee to beef up Paramount's Warner Bros bid

Ellison offers personal guarantee to beef up Paramount's Warner Bros bid

Date: December 22, 2025

By Akash Sriram Dec 22 (Reuters) - Oracle co-founder Larry Ellison has stepped in to personally guarantee $40.4 billion in Paramount Skydance's latest effort to pry Warner Bros Discovery away from...

Image for UK's Reeves sets March 3 as date for next economic forecasts

UK's Reeves sets March 3 as date for next economic forecasts

Date: December 22, 2025

LONDON, Dec 22 (Reuters) - British finance minister Rachel Reeves has asked the country's budget watchdog to publish its next economic and public finance forecasts - but not an assessment of her...

Image for Analysis-How AI boom is pressuring videogame console industry in race for memory chips

Analysis-How AI boom is pressuring videogame console industry in race for memory chips

Date: December 22, 2025

By Zaheer Kachwala Dec 22 (Reuters) - Videogame console sales were already under pressure owing to tariff turmoil and weak consumer spending. Now a surge in the prices of memory chips is threatening...