finance

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

Finance

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

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

Finance

UBS Fund Management acquires 10% voting rights in SIG Group

Image for UAE-EU free trade talks advancing rapidly, UAE state minister says

Headlines

UAE-EU free trade talks advancing rapidly, UAE state minister says

Image for GlobalFoundries names Sam Franklin as CFO after interim stint

Finance

GlobalFoundries names Sam Franklin as CFO after interim stint

Image for Bitcoin dips below $90,000 as AI worries dent risk appetite

Bitcoin dips below $90,000 as AI worries dent risk appetite

Date: December 11, 2025

By Gregor Stuart Hunter SINGAPORE, Dec 11 (Reuters) - Cryptocurrencies tumbled on Thursday and bitcoin fell back below the $90,000 threshold in a renewed signal of market jitters as fresh concerns...

Image for Oracle slumps as gloomy forecasts, soaring spending fan AI bubble worries

Oracle slumps as gloomy forecasts, soaring spending fan AI bubble worries

Date: December 11, 2025

Dec 11 (Reuters) - Shares in Oracle opened almost 12% lower in Frankfurt, tracking U.S. afterhour losses after the company forecast sales and profit that missed analyst estimates. Oracle said spending...

Image for Ladbrokes owner Entain says CFO Rob Wood to step down, IDS's Snape to take over

Ladbrokes owner Entain says CFO Rob Wood to step down, IDS's Snape to take over

Date: December 11, 2025

Dec 11 (Reuters) - British gambling firm Entain on Thursday said finance chief Rob Wood will step down from his role after 13 years with the company and be replaced with Michael Snape next year. (...

Image for STMicroelectronics opens new 1-billion-euro credit line with EIB

STMicroelectronics opens new 1-billion-euro credit line with EIB

Date: December 11, 2025

Dec 11 (Reuters) - Chipmaker STMicroelectronics said on Thursday it had established a 1 billion euro ($1.2 billion) credit line with the European Investment Bank (EIB). The first 500-million-euro...

Image for Inside Stellantis CEO's 'emergency room' rush to recapture market share

Inside Stellantis CEO's 'emergency room' rush to recapture market share

Date: December 11, 2025

By Giulio Piovaccari, Nora Eckert and Gilles Guillaume MILAN/DETROIT/PARIS, Dec 11 (Reuters) - New Stellantis CEO Antonio Filosa is prioritising vehicle sales growth over profits including resorting...

Image for Zealand Pharma seeks to challenge GLP‑1 dominance with obesity drug aimed at long‑term use

Zealand Pharma seeks to challenge GLP‑1 dominance with obesity drug aimed at long‑term use

Date: December 11, 2025

LONDON, Dec 11 (Reuters) - Danish biotech Zealand Pharma said on Thursday it will accelerate development and expand its research as it seeks to differentiate its experimental obesity drug candidates...