Headlines

North Sea oil producers urge Labour’s Starmer for tax clarity

North Sea oil producers urge Labour’s Starmer for tax clarity

By Ron Bousso LONDON (Reuters) – North Sea oil and gas producers urged Britain’s incoming Prime Minister Keir Starmer to ..

UniCredit CEO says M&A is a possibility, not a must

UniCredit CEO says M&A is a possibility, not a must

ROME (Reuters) – UniCredit is willing to consider M&A opportunities if financial conditions are right, but they are not a m..

Chery launches 28,000 euro crossover SUV in Italy as it plans Europe expansion

Chery launches 28,000 euro crossover SUV in Italy as it plans Europe expansion

MILAN (Reuters) – China’s Chery Auto is starting sales in Italy with a petrol version of its Omoda 5 crossover SUV, price..

NATO summit to push for standardizing shells

NATO summit to push for standardizing shells

By Sabine Siebold BRUSSELS (Reuters) – NATO is set to issue its first ever defence industrial pledge at its Washington summit o..

Oil prices on track for fourth straight week of gains

Oil prices on track for fourth straight week of gains

SINGAPORE (Reuters) – Oil prices were little changed in Asian trade on Friday but were on track for a fourth straight week of g..

Bitcoin hits 2-month low on election uncertainty, Mt Gox flows

Bitcoin hits 2-month low on election uncertainty, Mt Gox flows

By Sameer Manekar (Reuters) – Bitcoin slid to a two-month low on Thursday, extending a month-long fall, as uncertainty over U.S..

Swiss price regulator puts UBS under observation

Swiss price regulator puts UBS under observation

ZURICH (Reuters) -Switzerland’s pricing supervisor has put UBS under observation following its takeover of Credit Suisse, the r..

Russia swelters in heat wave, Moscow breaks 1917 record for early July

Russia swelters in heat wave, Moscow breaks 1917 record for early July

MOSCOW (Reuters) – Russians were braving some of the hottest weather seen in more than a century on Thursday with Moscow breaki..

UK’s Barclays to sell German consumer finance business

UK’s Barclays to sell German consumer finance business

(Reuters) -Barclays is selling its German consumer finance business to Austrian bank BAWAG Group AG for a small premium to net assets..

Ericsson to book $1.1 billion impairment on weaker outlook for Vonage

Ericsson to book $1.1 billion impairment on weaker outlook for Vonage

(Reuters) -Mobile telecoms equipment maker Ericsson said on Wednesday it will record a noncash impairment charge of 11.4 billion Swed..