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

Finance

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

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

Finance

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

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

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

Date: December 11, 2025

ABU DHABI, Dec 11 (Reuters) - Free trade talks between the United Arab Emirates and the European Union are advancing rapidly, UAE state minister Lana Nusseibeh said on Thursday at a briefing with an...

Image for GlobalFoundries names Sam Franklin as CFO after interim stint

GlobalFoundries names Sam Franklin as CFO after interim stint

Date: December 11, 2025

Dec 10 (Reuters) - GlobalFoundries on Wednesday appointed Sam Franklin as its chief financial officer, succeeding David Reeder, who stepped down earlier this year. Franklin, interim CFO since October,...

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...