finance

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

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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

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

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

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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

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...

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...