finance

Image for BMW names veteran Nedeljkovic as CEO to tackle China, Tesla

Finance

BMW names veteran Nedeljkovic as CEO to tackle China, Tesla

Image for Switzerland says US tariff reduction statement published in error

Headlines

Switzerland says US tariff reduction statement published in error

Image for Exclusive-Thailand says tariffs must not be used to force peace with Cambodia

Headlines

Exclusive-Thailand says tariffs must not be used to force peace with Cambodia

Image for Italy to reassure ECB's Lagarde over ownership of central bank gold

Headlines

Italy to reassure ECB's Lagarde over ownership of central bank gold

Image for Beyond pizza and pasta: Italy's culinary heritage awaits UNESCO nod

Beyond pizza and pasta: Italy's culinary heritage awaits UNESCO nod

Date: December 9, 2025

ROME, Dec 9 (Reuters) - Italian cooking, already celebrated around the world, is poised for a new accolade: formal recognition as a cultural treasure from the United Nations' cultural agency, UNESCO....

Image for Global airlines set for record $41 billion net profit next year, IATA says

Global airlines set for record $41 billion net profit next year, IATA says

Date: December 9, 2025

GENEVA, Dec 9 (Reuters) - Global airlines trade body IATA said on Tuesday the airline sector would post record profits next year despite ongoing supply chain issues leading to slower aircraft...

Image for Two-thirds of German engineering firms expect tariff hit, lobby finds

Two-thirds of German engineering firms expect tariff hit, lobby finds

Date: December 9, 2025

BERLIN, Dec 9 (Reuters) - Two-thirds of German engineering companies expect a revenue knock due to U.S. tariffs, with almost half estimating such a revenue hit at more than 10%, according to a survey...

Image for Hedge fund managing partner Dmitry Balyasny taps AI as largest tail risk for 2026

Hedge fund managing partner Dmitry Balyasny taps AI as largest tail risk for 2026

Date: December 9, 2025

ABU DHABI, Dec 9 (Reuters) - Hedge fund Balyasny Asset Management's managing partner said on Tuesday that the largest tail risk for the year ahead is if artificial intelligence surprises on the upside...

Image for Thyssenkrupp warns of deep net loss in 2026 on steel restructuring costs

Thyssenkrupp warns of deep net loss in 2026 on steel restructuring costs

Date: December 9, 2025

By Christoph Steitz and Tom Käckenhoff ESSEN, Germany, Dec 9 (Reuters) - Thyssenkrupp expects to swing to a net loss of up to 800 million euros ($931 million) in 2026, blaming restructuring provisions...

Image for CMA CGM plans bond reimbursable with Air France-KLM stake

CMA CGM plans bond reimbursable with Air France-KLM stake

Date: December 9, 2025

PARIS, Dec 9 (Reuters) - Shipping group CMA CGM is seeking to raise around 325 million euros ($378.3 million) by issuing a three-year bond which it will be able to reimburse with its shares in Air...