Reuters UK Business

ROME, Dec 11 (Reuters) – Italian police said on Thursday they had broken up an international criminal organisation that had swindled some 30 million euros ($35.2 million) from victims including the cultural body that manages Florence’s artistic monuments. Prosecutors in the northern city of Brescia issued warrants for the arrest of 10 people including Italian, …

Florence cathedral managers fall prey to 1.5-million-euro email fraud Read More »

By Giuseppe Fonte and Angelo Amante ROME, Dec 11 (Reuters) – Foreign shareholders of Italy’s central bank should not be able to claim rights over the country’s gold reserves, Prime Minister Giorgia Meloni’s nationalist party said in an internal document, amid a mounting spat between the ruling coalition and the ECB over the matter. The …

Foreign entities should have no rights on Italy’s gold reserves, Meloni’s party says Read More »

BRUSSELS, Dec 11 (Reuters) – Russian frozen assets will have to be used for Ukraine at some point, Belgium’s deputy prime minister Vincent Van Peteghem said on Thursday, added however Belgium “would not take any reckless compromises” before it agreed to any deal over this. “At some point, these frozen Russian assets will have to …

Belgium deputy PM: Russian frozen assets to be used for Ukraine loan Read More »

Dec 11 (Reuters) – SLB said on Thursday that it was partnering with Shell to develop digital and artificial intelligence tools aimed at improving performance and efficiency across upstream operations. Shell and SLB will develop agentic AI-powered solutions designed to enhance the capabilities of technical experts and decision makers for Shell as well as the …

SLB, Shell partner to develop AI-powered solutions for energy industry Read More »

By Alex Lawler LONDON, Dec 11 (Reuters) – World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with projections from the International Energy Agency and others of a huge glut. The OPEC+ group comprising the Organization of the Petroleum Exporting Countries, Russia and other allies plans …

OPEC data indicate close oil supply-demand balance in 2026, no glut Read More »

LONDON, Dec 11 (Reuters) – Microsoft was on Thursday accused of overcharging thousands of British businesses to use Windows Server software on cloud computing services provided by Amazon, Google and Alibaba, at a pivotal hearing in a 2.1 billion-pound ($2.81 billion) lawsuit. Regulators in Britain, Europe and the United States have separately begun examining Microsoft …

Microsoft fights $2.8 billion UK lawsuit over cloud computing licences Read More »