Investment management

Image for Exclusive-BP to ditch renewables goals and return focus to fossil fuels
Finance

Exclusive-BP to ditch renewables goals and return focus to fossil fuels

By Arunima Kumar and Anousha Sakoui (Reuters) - BP's chief executive will scrap a target to increase...

24th February, 2025

Image for Saipem to merge with oil services rival Subsea7 in $4.6 billion deal
Finance

Saipem to merge with oil services rival Subsea7 in $4.6 billion deal

MILAN (Reuters) - Italian oil services company Saipem is close to a merger with Norwegian rival Subs...

23rd February, 2025

Image for NATO plans to extend fuel pipeline eastwards, report says
Headlines

NATO plans to extend fuel pipeline eastwards, report says

BERLIN (Reuters) - NATO is planning to build a pipeline system from Germany to Poland and the Czech...

22nd February, 2025

Image for Russia could concede $300 billion in frozen assets as part of Ukraine war settlement, sources say
Headlines

Russia could concede $300 billion in frozen assets as part of Ukraine war settlement, sources say

MOSCOW (Reuters) - Russia could agree to using $300 billion of sovereign assets frozen in Europe for...

21st February, 2025

Image for EU approves state aid to extend life of Engie's Belgian nuclear reactors
Finance

EU approves state aid to extend life of Engie's Belgian nuclear reactors

BRUSSELS (Reuters) - EU competition regulators on Friday approved Belgium's plan to grant state aid...

21st February, 2025

Image for Exclusive-Abrdn to launch China asset management venture with Citic unit, sources say
Finance

Exclusive-Abrdn to launch China asset management venture with Citic unit, sources say

By Selena Li HONG KONG (Reuters) - Abrdn is in advanced talks with Citic Bank to launch an asset man...

21st February, 2025

Image for Schneider Electric sees stronger 2025 margin as data centres drive growth
Finance

Schneider Electric sees stronger 2025 margin as data centres drive growth

By Anna Peverieri (Reuters) - Electrical equipment maker Schneider Electric on Thursday forecast a b...

20th February, 2025

Image for Rio Tinto recommends London shareholders vote against dual-listing review
Finance

Rio Tinto recommends London shareholders vote against dual-listing review

(Reuters) - Rio Tinto, the world's largest iron ore producer, on Thursday recommended its shareholde...

19th February, 2025

Image for Mediobanca shareholders' pact reject MPS takeover bid
Finance

Mediobanca shareholders' pact reject MPS takeover bid

MILAN (Reuters) - The shareholders' pact for Italy's Mediobanca, representing around 11.6% of the ba...

19th February, 2025

Image for EFG International posts profit rise, to acquire private bank Cité Gestion
Finance

EFG International posts profit rise, to acquire private bank Cité Gestion

ZURICH (Reuters) - Switzerland's EFG International said on Wednesday it had posted a net profit of 3...

19th February, 2025

Image for SoftwareOne posts slight loss in 2024, to close Crayon deal in June
Finance

SoftwareOne posts slight loss in 2024, to close Crayon deal in June

(Reuters) - Swiss technology firm Softwareone expects to close its acquisition of Crayon Group in Ju...

19th February, 2025

Image for Analysis-European forces would struggle to guarantee Ukraine peace without US backing
Headlines

Analysis-European forces would struggle to guarantee Ukraine peace without US backing

By Sabine Siebold BERLIN (Reuters) - Faced with U.S. demands to provide the military muscle to enfor...

18th February, 2025