News
North Korea's Kim pledges permanent support for Russia's Putin in a letter, KCNA says
10+ hour, 32+ min ago (188+ words) Global Banking and Finance Review SEOUL, Jan 9 (Reuters) - North Korean leader Kim Jong Un told Russian President Vladimir Putin in a letter that he will support Putin's policies unconditionally and permanently, North Korean state media KCNA said on Friday. "I…...
Shell warns of loss in chemicals and products unit, weak trading
19+ hour, 59+ min ago (429+ words) Global Banking and Finance Review By Shadia Nasralla and Stephanie Kelly LONDON, Jan 8 (Reuters) - Shell expects a loss in its chemicals and products business in the fourth quarter due in part to "significantly lower" trading results, the energy giant said…...
Germany's Mittelstand cuts AI investments in 2025, study shows
20+ hour, 38+ min ago (283+ words) Global Banking and Finance Review BERLIN, Jan 8 (Reuters) - Germany's small and medium-sized companies, collectively known as the Mittelstand, are putting the brakes on artificial intelligence investment, a study showed, even as overall corporate spending on AI applications rises. In a…...
Swiss rates likely to stay on hold, SNB minutes indicate
21+ hour, 5+ min ago (494+ words) Global Banking and Finance Review ZURICH, Jan 8 (Reuters) - The Swiss National Bank's policymakers expect inflation to revive gradually, the minutes of their latest rate-setting meeting showed on Thursday, which will help it avoid cutting or hiking interest rates. The SNB…...
Britain's PM discusses position on Greenland with Trump over call
1+ day, 8+ hour ago (221+ words) Global Banking and Finance Review Jan 7 (Reuters) - The British government said on Wednesday Prime Minister Keir Starmer spoke with United States President Donald Trump this evening and also set out his position on Greenland. Both leaders discussed the joint operation…...
UK supported US mission to seize Russian-flagged oil tanker, MoD says
1+ day, 11+ hour ago (394+ words) Global Banking and Finance Review LONDON, Jan 7 (Reuters) - Britain provided support to the United States in its operation to seize a Russian-flagged oil tanker in the North Atlantic, the Ministry of Defence said on Wednesday. The U.S. seized the tanker - which…...
Portugal's support for young home buyers proving effective, minister says
1+ day, 12+ hour ago (370+ words) Global Banking and Finance Review LISBON, Jan 7 (Reuters) - Portugal's tax exemption scheme to help young people buy their first homes is proving effective amid the country's housing crisis, with more than 70,000 applicants benefiting in just over a year, the finance…...
ASML says social media hacking claims are untrue
1+ day, 12+ hour ago (123+ words) Global Banking and Finance Review "ASML is aware of a post published on BreachForums on January 6, 2026, which alleges the exposure of company information," the company said in a statement. "Following a thorough investigation, ASML has concluded that these claims are…...
UK's Starmer says deployment of troops to Ukraine would be voted by parliament
1+ day, 14+ hour ago (172+ words) Global Banking and Finance Review LONDON, Jan 7 (Reuters) - British Prime Minister Keir Starmer said on Wednesday that any deployment of UK forces under a declaration signed with France and Ukraine would be subject to a parliamentary vote. Starmer, French President…...
Trump's oil push widens with seizure of Russian-flagged tanker linked to Venezuela
1+ day, 16+ hour ago (925+ words) Global Banking and Finance Review By Idrees Ali and Marianna Parraga Washington, Jan 7 (Reuters) - The U.S. said on Wednesday it had seized a Russian-flagged, Venezuela-linked tanker as part of President Donald Trump's aggressive push to dictate oil flows in the Americas…...