BERLIN (Reuters) – There were roughly 46.1 million people employed in Germany in 2024 on an annual average, the highest number since German reunification, the statistics office said on Thursday. The average number of people in employment in 2024 rose by 72,000 on the previous year, the statistics office said. With the exception of the …
Number of employed Germans reaches new high in 2024 Read More »
By Vladimir Soldatkin and Dan Peleschuk MOSCOW/KYIV (Reuters) -Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year’s Day, marking the end of decades of Moscow’s dominance over Europe’s energy markets. The gas had kept flowing despite nearly three years of war, but Russia’s gas firm Gazprom said it …
Russian gas era in Europe ends as Ukraine stops transit Read More »
MOSCOW (Reuters) – President Vladimir Putin has ordered Russia’s government and the country’s biggest bank, Sberbank, to build cooperation with China in artificial intelligence. Putin’s instructions were published on the Kremlin’s website on Wednesday, three weeks after he announced that Russia would team up with BRICS partners and other countries to develop AI. He told …
Putin orders Russian government and top bank to develop AI cooperation with China Read More »
(Reuters) – U.S. banks Citigroup and Bank of America said on Tuesday they are exiting the Net-Zero Banking Alliance (NZBA), a group of global banks that have pledged to curb greenhouse gas emissions. They follow Wells Fargo and Goldman Sachs, which both left the alliance earlier this month. Financial firms, historically criticized for their connections …
Citigroup, BofA join US lenders in exiting Net-Zero Banking Alliance Read More »
MADRID (Reuters) -A real estate investment trust owned by Argentine soccer star Lionel Messi made its Spanish market debut at 57.4 euros per share, giving it a market capitalisation of 223 million euros ($232.12 million). Messi, the Inter Miami player and former FC Barcelona forward, is named as chairman of Edificio Rostower Socimi’s board in …
Messi’s real estate trust debuts in Spain with 223 million euro market cap Read More »
ZURICH (Reuters) – A proposal to oblige the Swiss National Bank (SNB) to hold bitcoin was set in motion in an initiative published by the Swiss federal chancellery on Tuesday. The initiative proposes changing the law to make the Swiss central back hold part of its reserves in gold and bitcoin. Put forward by a …
Swiss central bank faces call to hold bitcoin in reserves Read More »
By Elisa Anzolin, Emilio Parodi and Silvia Ognibene MILAN (Reuters) -LVMH-owned Dior’s production arm in Italy, Manufactures Dior, relied on formal inspections to assess working and safety standards inside its supply chain last year. In some cases, such certifications missed glaring problems, a Reuters review of unpublished court documents has found. AZ Operations, a sub-contractor …
By Manya Saini (Reuters) – Bitcoin more than doubled in 2024 driven by the U.S. markets regulator’s approval for exchange-traded funds tied to its spot price, and optimism over easing regulatory hurdles with Donald Trump set to return to the White House. The world’s largest and most well-known cryptocurrency hit $100,000 earlier this month, a …
Bitcoin more than doubles in 2024 on spot ETF approval, Trump euphoria Read More »
MOSCOW (Reuters) -Russia’s once-dominant gas supply to Europe via Ukraine, which flowed for decades, is set to end on New Year’s Day with the collapse of a contract between the two warring countries that paid out billions to Moscow in gas revenue and to Kyiv in transit fees. The shutdown of Russia’s oldest gas route …
Europe’s Russian gas era comes to an end as Ukraine transit stops Read More »
CAIRO (Reuters) – Spain’s Repsol has resumed oil exploration in Libya after 10 years, the state oil firm NOC said in a statement on Tuesday. NOC said Repsol had started drilling in a well in the Murzuq basin, about 12 km from Libya’s largest oil field, Sharara. (Reporting and writing by Ahmed Elumami; Editing by …
Spain’s Repsol resumes oil exploration in Libya after 10-year hiatus Read More »
