finance

Image for Forced layoffs are last resort in Thyssenkrupp restructuring, IG Metall says

Finance

Forced layoffs are last resort in Thyssenkrupp restructuring, IG Metall says

Image for EU aims to improve defences against economic threats, such as China export curbs

Finance

EU aims to improve defences against economic threats, such as China export curbs

Image for Michelin, Forvia and Stellantis agree on Symbio restructuring plan

Finance

Michelin, Forvia and Stellantis agree on Symbio restructuring plan

Image for Swiss poll shows strong opposition to US trade deal

Finance

Swiss poll shows strong opposition to US trade deal

Image for Romania says it destroys maritime drone in Black Sea

Romania says it destroys maritime drone in Black Sea

Date: December 3, 2025

Dec 3 (Reuters) - The Romanian military blew up a maritime drone that was endangering navigation in the Black Sea, the Ministry of National Defence said on Wednesday, amid rising concerns about risks...

Image for EU to curb exports of recyclable battery, rare earth waste to cut China reliance

EU to curb exports of recyclable battery, rare earth waste to cut China reliance

Date: December 3, 2025

BRUSSELS, Dec 3 (Reuters) - The European Commission said on Wednesday it will introduce export restrictions on rare earth permanent magnet waste and scrap in the early 2026 to boost recycling within...

Image for World Bank warns developing world 'not out of danger' as debt costs hit record

World Bank warns developing world 'not out of danger' as debt costs hit record

Date: December 3, 2025

By Libby George LONDON, Dec 3 (Reuters) - The gap between developing nations' debt servicing costs and new financing hit a more than 50-year high of $741 billion between 2022 and 2024, the World Bank...

Image for Siemens CEO Busch's annual compensation rises by nearly a third

Siemens CEO Busch's annual compensation rises by nearly a third

Date: December 3, 2025

ZURICH, Dec 3 (Reuters) - Siemens CEO Roland Busch has joined the ranks of top earners in Germany's DAX blue-chip index in the past fiscal year, after his total compensation rose 32% to 12.33 million...

Image for China's foreign minister urges France to support its position on Japan

China's foreign minister urges France to support its position on Japan

Date: December 3, 2025

BEIJING, Dec 3 (Reuters) - Foreign Minister Wang Yi reaffirmed China's position on Tuesday on remarks made by Japan's prime minister regarding Taiwan during talks with his French counterpart in...

Image for Ukraine's Parliament approves 2026 budget, focuses on defence

Ukraine's Parliament approves 2026 budget, focuses on defence

Date: December 3, 2025

By Olena Harmash KYIV, Dec 3 (Reuters) - Ukraine's Parliament approved the 2026 budget on Wednesday, planning to allocate nearly a third of the country's gross domestic product to defence as the war...