MILAN, Dec 1 (Reuters) – Shares in Monte dei Paschi di Siena fell for a third straight session on Monday after the bailed-out bank and its two main investors were drawn into a probe over the takeover of Mediobanca. Prosecutors in Milan are investigating allegations of market rigging and obstruction of regulators in relation to …
Monte dei Paschi shares fall for a third day after probe into Mediobanca deal Read More »
LONDON, Dec 1 (Reuters) – British Prime Minister Keir Starmer said last week’s budget had retained market confidence which was key to providing stability for investors and businesses, and would in time lead to economic growth. Starmer gave a speech on Monday in which he sought to defend the budget outlined last week by finance …
UK PM Starmer praises budget for retaining market confidence, sees growth ahead Read More »
By Amanda Cooper LONDON, Dec 1 (Reuters) – The pound edged lower on Monday, as investors took some profits on November’s modest gains ahead of a widely expected interest rate cut later this month. Sterling gained more than 1% last week, marking its largest weekly gain since early August, lifted by a relief rally after …
Sterling dips as investors take profit on ‘Rachel rally’ Read More »
By Tim Hepher, Allison Lampert and David Shepardson PARIS, Dec 1 (Reuters) – Airbus fleets were returning towards normal operations on Monday after the European planemaker pushed through abrupt software changes faster than expected, averting a prolonged crisis over the discovery of a space-related computer bug. Dozens of airlines from Asia to the United States …
Airbus says most of its recalled 6,000 A320 jets now modified Read More »
By Elena Fabrichnaya and Gleb Bryanski MOSCOW, Dec 1 (Reuters) – Finding sources of new capital will be the main challenge for Russian banks in 2026 due to the central bank tightening capital requirement rules, the CEO of Russia’s second largest lender VTB Andrei Kostin told Reuters. The Russian banking sector, led by VTB and …
Russian banks’ main challenge in 2026 will be raising capital, VTB CEO says Read More »
PARIS, Dec 1 (Reuters) – Airbus delivered 72 aircraft in November, industry sources said on Monday. Airbus had no immediate comment. (Reporting by Tim Hepher)
Dec 1 (Reuters) – Tesla’s new car sales in Spain fell 8.75% in November from the same month in 2024 to 1,523 vehicles, registration data released by industry group ANFAC showed on Monday. Between January and November, sales of Tesla cars in Spain increased 5.56% from the same period a year earlier, while total sales …
New Tesla sales in Spain fall 8.75% in November, other EV sales double Read More »
By Indradip Ghosh Dec 1 (Reuters) – Euro zone manufacturing activity slipped back into contraction territory in November on weakening demand that forced firms to cut jobs at the quickest rate in seven months, a private survey showed. The HCOB Eurozone Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 49.6 in November …
Euro zone factory activity contracts in November, job cuts accelerate, PMI shows Read More »
LONDON, Dec 1 (Reuters) – British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and consumer credit grew at a slower pace than in September, Bank of England data showed on Monday. The BoE said 65,018 mortgages were approved in October, down from 65,647 in September and …
UK lenders approve more mortgages than expected in October, consumer lending cools Read More »
By Marie Mannes STOCKHOLM, Dec 1 (Reuters) – Electric-vehicle maker Tesla has sold more cars in Norway in 2025 than any other automaker ever did in a full year, registration data showed on Monday, beating the country’s annual sales record with one month to spare in a rare bright spot for CEO Elon Musk. Led …
