finance
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Russian central bank says EU plans to use its assets are illegal
Headlines
Russia destroys 90 Ukrainian drones overnight, defence ministry says
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Irish minister defends 'limited' trade curbs on Israeli settlements
Finance
Stocks drop as AI exuberance worries linger; US yields jump
Morning Bid: Copper edges past silver to take gold
Date: December 12, 2025
A look at the day ahead in European and global markets from Gregor Stuart Hunter After a banner year for precious metals, industrial metals are in focus today as the prospect of more stimulus from...
Will it be a hike next year? Five questions for the ECB
Date: December 12, 2025
By Yoruk Bahceli and Stefano Rebaudo LONDON, Dec 12 (Reuters) - The European Central bank meets next Thursday, with traders suddenly speculating a rate hike could be on the cards in 2026. Since...
Oil prices up on US-Venezuela tensions, but set for weekly decline
Date: December 12, 2025
By Yuka Obayashi TOKYO, Dec 12 (Reuters) - Oil prices rose on Friday as the prospect of the U.S. intercepting more Venezuelan oil tankers deepened supply concerns, but remained on track for a weekly...
US dollar advances after recent fall; sterling dips after GDP data
Date: December 12, 2025
By Ankur Banerjee SINGAPORE, Dec 12 (Reuters) - The U.S. dollar headed for its third straight weekly drop on Friday, hurt by the prospect of rate cuts next year after the Federal Reserve pushed back...
UK Christmas spending to rise 3.5% despite slow start, says PwC
Date: December 12, 2025
LONDON, Dec 12 (Reuters) - Britons are set to spend 24.6 billion pounds ($32.9 billion) on presents and celebrations over the Christmas period this year, a 3.5% increase on 2024, despite a slow start...
UK's CBI bumps up 2026 growth view due to 'temporary' budget boost
Date: December 12, 2025
By Andy Bruce MANCHESTER, England, Dec 12 (Reuters) - The Confederation of British Industry on Friday bumped up its economic growth forecast for next year, citing a temporary boost to government...