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

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

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

Headlines

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

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

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

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

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China urges Netherlands to push Nexperia to visit for talks

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...

Image for Schneider Electric unveils $4 billion share buyback, pumps up margin forecast

Schneider Electric unveils $4 billion share buyback, pumps up margin forecast

Date: December 11, 2025

Dec 11 (Reuters) - Schneider Electric will carry out a share buyback programme of up to 3.5 billion euros ($4.1 billion) through 2030, its first in nearly three years, and aims to increase its...

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

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

Date: December 11, 2025

Dec 11 (Reuters) - Britain's Drax said on Thursday it could repurpose existing infrastructure and grid links at its Yorkshire power station to run a data centre as soon as 2027, using resources once...

Image for Morning Bid: Oracle brings reality check after Fed-inspired rally

Morning Bid: Oracle brings reality check after Fed-inspired rally

Date: December 11, 2025

A look at the day ahead in European and global markets from Ankur Banerjee Whisper it quietly, but worries around a tech bubble might just resurface after Oracle earnings disappointed investors even...

Image for Many UK firms say volatile pound triggered losses in 2025, need to hedge grows

Many UK firms say volatile pound triggered losses in 2025, need to hedge grows

Date: December 11, 2025

By Amanda Cooper LONDON, Dec 11 (Reuters) - Nearly half of UK businesses surveyed by FX and cash management solutions provider MillTech say that they have lost money due to a volatile pound and plan...

Image for UBS Fund Management acquires 10% voting rights in SIG Group

UBS Fund Management acquires 10% voting rights in SIG Group

Date: December 11, 2025

Dec 11 (Reuters) - UBS Fund Management has acquired 10.3% of the voting rights in packaging company SIG Group, the Swiss stock exchange operator SIX said on Thursday. The SMIM index-listed company in...