Finance
Finance
Xiaomi shares post worst week in 3-1/2 years as accidents stoke EV safety concerns
Finance
Goldman Sachs rejigs management at recently created Capital Solutions Group, memo shows
Finance
Porsche brings back SUV boss Leiters to assume 'poisoned chalice'
Finance
Canaccord confirms strategic review of British wealth unit, says no deal assured
Bessent urges IMF, World Bank to take tougher stance on China's economic practices
Date: October 17, 2025
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Friday gave specific marching orders for the International Monetary Fund and World Bank to take tougher...
Milan's data centre capacity set to surge tenfold in five years, A2A CEO says
Date: October 17, 2025
MILAN (Reuters) -Data centres around Italy's financial capital Milan are expected to add around two gigawatts of capacity over the next five years, a tenfold increase from current levels, the Chief...
Russian Railways to cut management jobs as economy slows, Interfax says
Date: October 17, 2025
MOSCOW (Reuters) -Russia's state-owned railway monopoly Russian Railways plans to reduce management jobs as the company faces lower freight volumes and a broader slowdown in the Russian economy,...
US supportive of new IMF programme, EU loan for Ukraine, Dombrovskis says
Date: October 17, 2025
WASHINGTON (Reuters) -The U.S. is supportive of a new IMF lending programme for Ukraine and the European Union initiative to extend a loan to Kyiv based on Russian central bank assets immobilized in...
Italy to raise by 50% 'flat' tax on ultra rich to 300,000 euros, officials say
Date: October 17, 2025
ROME (Reuters) -Italy plans to raise by 50% the rate of a flat tax designed to attract wealthy individuals, as part of measures to fund its 2026-2028 budget plan, two officials close to the matter...
Hedge fund founder Leone successfully defends London harassment case
Date: October 17, 2025
By Nell Mackenzie and Kirstin Ridley LONDON (Reuters) -Hedge fund founder Davide Leone and his eponymous firm have successfully defended themselves against allegations of bullying, victimisation and...