finance

Image for Drax plans to turn coal-era power station into data centre by 2027

Finance

Drax plans to turn coal-era power station into data centre by 2027

Image for EU reaches provisional deal on screening foreign investment

Finance

EU reaches provisional deal on screening foreign investment

Image for Swiss National Bank still supports proposed UBS rules

Finance

Swiss National Bank still supports proposed UBS rules

Image for Italy's Snam tightens grip on LNG terminal as liquefied gas imports rise

Headlines

Italy's Snam tightens grip on LNG terminal as liquefied gas imports rise

Image for Kremlin says Russia is interested in foreign investment after report of major U.S. plans

Kremlin says Russia is interested in foreign investment after report of major U.S. plans

Date: December 11, 2025

MOSCOW, Dec 11 (Reuters) - The Kremlin said on Thursday that Russia was open to foreign investment after a Wall Street Journal report that U.S. President Donald Trump's plan for peace in Ukraine...

Image for Exclusive-Prada to launch $930 ‘Made in India’ sandals after backlash

Exclusive-Prada to launch $930 ‘Made in India’ sandals after backlash

Date: December 11, 2025

By Dhwani Pandya and Elisa Anzolin MUMBAI/MILAN, Dec 11 (Reuters) - Prada will make a limited-edition collection of sandals in India inspired by the country's traditional footwear, selling each pair...

Image for Russia's oil and fuel export revenues touch lowest level since Ukraine invasion, IEA says

Russia's oil and fuel export revenues touch lowest level since Ukraine invasion, IEA says

Date: December 11, 2025

Dec 11 (Reuters) - Russia's revenues from exports of crude oil and refined products fell again in November due to lower export volumes and weaker prices, the International Energy Agency said on...

Image for China says talks with EU on electric vehicle minimum price plan resumed

China says talks with EU on electric vehicle minimum price plan resumed

Date: December 11, 2025

BEIJING, Dec 11 (Reuters) - China's commerce ministry on Thursday said negotiations with the European Union over a minimum price plan for China-made electric vehicles have restarted and would continue...

Image for China urges Netherlands to push Nexperia to visit for talks

China urges Netherlands to push Nexperia to visit for talks

Date: December 11, 2025

BEIJING, Dec 11 (Reuters) - China has been actively supporting consultations between Wingtech and Nexperia to resolve internal disputes, China's commerce ministry said on Thursday. Netherlands-based...

Image for Prudential sells 4.5% stake in Indian asset management JV for $545 million ahead of IPO

Prudential sells 4.5% stake in Indian asset management JV for $545 million ahead of IPO

Date: December 11, 2025

Dec 11 (Reuters) - British insurer Prudential said on Thursday it has sold a 4.5% stake in ICICI Prudential Asset Management for 49 billion rupees (about $545 million) ahead of the Indian fund...