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Protesting Greek farmers disrupt port operations as nationwide blockades persist

10 Dec 2025

VOLOS, Greece, Dec 10 (Reuters) – Dozens of Greek farmers disrupted operations at the regional port of Volos on Wednesday as part of a nationwide demonstration to protest delays in farm aid payments and high production costs. Farmers have deployed thousands of tractors and trucks in dozens of blockades for days, disrupting traffic at several junctures …

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Stellantis exceeds Italy supplier spending target, eyes output rebound

10 Dec 2025

MILAN, Dec 10 (Reuters) – Stellantis is set to end 2025 having made purchases worth over seven billion euros ($8.1 billion) from Italian suppliers, CEO Antonio Filosa said on Wednesday, suggesting output in the country could start growing again next year. In a plan to revive production in Italy presented a year ago, the Fiat-maker …

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BAE Systems wins $1.7 billion US Navy contract

10 Dec 2025

Dec 10 (Reuters) – BAE Systems, Britain’s biggest defence company, said on Wednesday that the U.S. Navy had awarded it a five-year contract worth up to $1.7 billion to supply laser-guidance kits that turn unguided rockets into precision munitions. (Reporting by Yamini Kalia in Bengaluru; Editing by Anil D’Silva)

Hungary seeks international investors as plans $4.5 billion foreign currency bond sales in 2026

10 Dec 2025

By Krisztina Than and Gergely Szakacs BUDAPEST, Dec 10 (Reuters) – Hungary plans to sell foreign currency bonds worth 1.482 trillion forints ($4.50 billion) next year, below 2025 sales, with its first bond issue probably in the first half of 2026, the government debt agency AKK said on Wednesday. Hungary also plans to take up …

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Porsche works council: one in four jobs at Porsche AG at risk

10 Dec 2025

FRANKFURT, Dec 10 (Reuters) – One in four jobs at German sports car maker Porsche is at risk, warned worker representatives on Wednesday, adding that the management was threatening to relocate production and development to lower-cost countries. “The board has not yet presented a future vision for our German Porsche locations but is threatening to …

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Shell wants to dissolve Rosneft JV through which it holds CPC stake, source says

10 Dec 2025

LONDON, Dec 10 (Reuters) – Shell wants to dissolve a joint venture with Russia’s Rosneft, through which the London-listed group holds part of its stake in the Caspian Pipeline Consortium, a source with direct knowledge of the matter said on Wednesday. The United States imposed sanctions on Rosneft in October over Russia’s war in Ukraine. …

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French biotech Abivax’s shares climb on Eli Lilly bid rumors

10 Dec 2025

Dec 10 (Reuters) – French biotech company Abivax’s shares rose by over 20% on Wednesday on market rumours that U.S. pharma giant Eli Lilly could make an offer for the business. The “share price movement is driven by speculation around a possible takeover,” said Damien Choplain, analyst at Stifel. An Eli Lilly spokesperson said the …

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Norway central bank does not recommend introduction of a digital currency

10 Dec 2025

OSLO, Dec 10 (Reuters) – Norway’s central bank does not currently recommend the introduction of a central bank digital currency (CBDC), but may do so at a later time, it said on Wednesday. Norges Bank assessed whether a CBDC was needed to help ensure that paying with the Norwegian crown remains secure, efficient and attractive, …

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EM assets firm up before potential Fed cut; Ukraine in focus

10 Dec 2025

By Niket Nishant Dec 10 (Reuters) – Emerging market assets inched higher ahead of a widely expected interest rate cut by the Federal Reserve on Wednesday, while investors also monitored developments in Ukraine that could influence global risk sentiment. MSCI’s gauge of emerging market stocks rose 0.33% and the currencies index edged 0.1% higher, stabilizing …

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