Dec 9 (Reuters) – The UK’s blue-chip FTSE 100 was little changed on Tuesday, as gains in precious-metal miners and defence stocks offset declines elsewhere, while investors looked ahead to a highly anticipated U.S. interest rate decision on Wednesday. The FTSE 100 closed the session down 0.03%, while the domestically oriented FTSE 250 index dipped …
By Oliver Hirt ZURICH, Dec 9 (Reuters) – Switzerland withdrew an announcement on Tuesday on when a planned reduction of U.S. tariffs on Swiss goods would take effect, saying it had been published in error and that its content could not be confirmed. “The federal administration has prepared content for various scenarios, but we cannot …
Switzerland says US tariff reduction statement published in error Read More »
AMSTERDAM, Dec 9 (Reuters) – Dutch pension fund manager APG will cut up to 1,200 jobs through 2030, it said on Tuesday, reducing total headcount by a third, as it aims for lower costs in line with sweeping reforms of the sector. The reorganisation would reduce employment to around 2,500 jobs by the end of …
Dutch pension fund manager APG cuts up to 1,200 jobs Read More »
GENEVA, Dec 9 (Reuters) – Global trade is set to grow by about 7% this year and is on track to exceed a record $35 trillion, the UN Trade and Development Agency said on Tuesday. “The new data confirm that trade continued expanding through the second half of 2025, even as geopolitical tensions, higher costs …
Global trade set to grow 7% to pass record $35 trillion this year, UN agency says Read More »
BERLIN, Dec 9 (Reuters) – Foreign companies, including those from the United States, must obey German and EU rules when they operate there, Germany’s chancellor said on Tuesday, responding to U.S. President Donald Trump’s criticism of a fine imposed on social media platform X. “Just as European and German companies have to follow the rules …
Germany’s Merz on X fine: Obey our laws if you operate here Read More »
WARSAW, Dec 9 (Reuters) – The European Commission has agreed to allow Poland to provide state aid for the construction of the country’s first nuclear power plant, Polish Prime Minister Donald Tusk said on Tuesday. The European Commission confirmed in a statement that it had approved the state aid. Poland, seeking to cut its reliance …
EU clears state aid for Poland’s first nuclear plant, PM Tusk says Read More »
Dec 8 (Reuters) – Britain posted a new wind generation record, producing enough power for more than 23 million homes, the National Energy System Operator said on Monday. NESO highlighted that wind generated 23,825 megawatts of electricity at 1730 GMT on December 5, beating the previous high of 22,711 MW set on November 11. At …
Britain records new wind power generation record, NESO says Read More »
LONDON, Dec 9 (Reuters) – The Bank of England is offering voluntary redundancies to staff at the central bank to help fund the investment in new infrastructure that was recommended in a review carried out by former Fed chair Ben Bernanke, BoE policymakers said. The central bank was making progress on implementing some of the …
Bank of England offering voluntary redundancies to staff to fund reforms Read More »
By Joanna Plucinska and Olivia Le Poidevin GENEVA, Dec 9 (Reuters) – Global airline trade body IATA said on Tuesday the airline sector would post record profits next year despite ongoing supply-chain issues leading to slower aircraft deliveries and a delay in rolling out more fuel-efficient jets. The projection comes as plane manufacturer Airbus cut …
Global airlines set for record $41 billion net profit next year, IATA says Read More »
FRANKFURT, Dec 9 (Reuters) – German exchange operator Deutsche Boerse on Tuesday pledged to regularly buy back shares and said that it would continue to seek out mergers and acquisitions as part of its strategy over the next three years. The plan is the first under the leadership of CEO Stephan Leithner, who assumed the …
Deutsche Boerse commits to regular share buybacks and seeks M&A in strategy update Read More »
