finance
Finance
Bank of England says UK lenders clear stress tests
Finance
Bank of England sees greater financial risks from AI and lending
Finance
Exclusive-China issues first batch of streamlined rare earth export licences, source says
Finance
Apple faces multimillion-euro Dutch antitrust damages claims after EU's top court ruling
Russian-flagged tanker reports drone attack off Turkey, authorities say
Date: December 2, 2025
ISTANBUL, Dec 2 (Reuters) - A Russian-flagged tanker sailing from Russia to Georgia loaded with sunflower oil reported that it was attacked off the Turkish coast but its 13 crew members were unharmed,...
US investor Saba Capital blocks merger of Baillie Gifford-managed trusts in London
Date: December 2, 2025
Dec 2 (Reuters) - U.S. activist investor Saba Capital has blocked a proposed merger of two London-listed Baillie Gifford-managed investment trusts, the firms said on Tuesday, in the latest tussle...
Merafe begins layoffs as electricity tariff proposal fails to save South African smelters
Date: December 2, 2025
JOHANNESBURG, Dec 2 (Reuters) - Merafe Resources said on Tuesday its chrome joint venture with Glencore has begun formally laying off workers after an electricity tariff proposal failed to secure the...
Santander sells 3.5% stake in its Polish unit for around $473 million
Date: December 2, 2025
MADRID, Dec 2 (Reuters) - Spain's Santander has sold around a 3.5% stake in its Polish subsidiary Santander Polska for about $473 million through an accelerated bookbuild, the lender said on Tuesday....
UK fund managers plan to raise FX hedges on volatile pound, report says
Date: December 2, 2025
By Lucy Raitano LONDON, Dec 2 (Reuters) - Almost half of UK fund managers are planning to increase their currency hedging in 2026 due to volatility in the pound, a new report from FX and cash...
Exxon in talks with Iraq about buying Lukoil stake in giant West Qurna 2 oilfield, sources say
Date: December 2, 2025
By Ahmed Rasheed BAGHDAD, Dec 2 (Reuters) - Exxon Mobil has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil's majority stake in the giant West Qurna 2 oilfield,...