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STMicro legt wegen trübem Ausblick Werke still

Amsterdam (Reuters) – Eine schleppende Nachfrage hat STMicroelectronics einen erneuten Umsatz- und Gewinnrückgang eingebrockt. Für das angelaufene erste Quartal 2025 warnte der Chip-Hersteller am Donnerstag vor einer Beschleunigung der Talfahrt und kündigte die vorübergehende Stilllegung zahlreicher Werke an. Die wirtschaftliche Erholung der Industriekunden verzögere sich, während sich die Auto-Konjunktur im vierten Quartal weiter abgeschwächt habe, …

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Euro-Wirtschaft tritt auf der Stelle: Kein Wachstum im Schlussquartal 2024

Berlin/Brüssel (Reuters) – Die Wirtschaft in der Euro-Zone hat vor der Jahreswende auch wegen der Schwäche Deutschlands stagniert. Das Bruttoinlandsprodukt (BIP) verharrte von Oktober bis Dezember 2024 auf dem Niveau des Vorquartals, wie die EU-Statistikbehörde Eurostat am Donnerstag mitteilte. Im Sommerquartal war noch ein Wachstum von 0,4 Prozent herausgesprungen. Im Gesamtjahr ergab sich damit ein …

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Take-up of BT’s fibre broadband hits quarterly record

By Paul Sandle LONDON (Reuters) -BT, Britain’s biggest mobile and broadband operator, added 472,000 connections to its fibre network in its third quarter, a record but not enough to offset a drag from its business unit and lower handset sales. Revenue fell 3% to 5.18 billion pounds ($6.44 billion) for the three months to Dec. …

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India’s Adani flagship posts worst qtrly profit fall in 3 years on weak coal demand

By Sethuraman N R (Reuters) -India’s Adani Enterprises, the flagship company of the Adani Group, on Thursday reported its biggest quarterly profit slump in three years in the third quarter, as a fall in power demand weighed on its key coal trading division. The company’s consolidated net profit declined to 578.3 million rupees ($6.68 million) …

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Shell sees 2024 oil and gas reserve replacement ratio at 85%

(Reuters) – Shell said on Thursday it expects its proved oil and gas reserve replacement ratio for last year to be 85%. The reserve replacement ratio (RRR) measures how much oil and gas a company adds to its reserves compared with what it produces. A ratio of 100% or more means the company is replacing …

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Solid French consumer spending eases impact of post-Olympics economic pullback

PARIS (Reuters) -France’s economic activity retreated slightly in the fourth quarter despite firm consumer spending as the boost from the Paris 2024 Olympic Games waned, statistics agency INSEE said on Thursday. The soft end to the year adds pressure on lawmakers to pass France’s 2025 budget, which has been delayed for weeks due to political …

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Euro zone economy stagnated last quarter, foreshadowing weak 2025

By Balazs Koranyi FRANKFURT (Reuters) – The euro zone economy stagnated last quarter as worried consumers zipped up their purses, adding to fears that a long-predicted recovery could be further delayed, Eurostat data showed on Thursday. Gross domestic product in the 20 nations sharing the euro was unchanged compared with the previous quarter, falling short …

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UK mortgage lending rises by most since September 2022

LONDON (Reuters) -British lenders approved more mortgages than expected in December and net mortgage lending volumes rose by the most in more than two years, according to Bank of England data that echoed other signs of demand in the housing market. The BoE said on Thursday that lenders approved 66,526 new mortgages for house purchase …

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EU members of NATO ready to raise defence spending beyond 2% of GDP, Costa says

By Sergio Goncalves LISBON (Reuters) – The 23 EU members who also belong to NATO are likely to agree to raise the defence spending target above the current 2% of national output at a June summit of the alliance that will set a new level, European Council President Antonio Costa said. U.S. President Donald Trump …

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Italy seizes $48.4 million from FedEx’s unit over alleged tax fraud

MILAN (Reuters) -Italian tax police have seized 46.6 million euros ($48.4 million) from FedEx’s local unit, FedEx Express Italy srl, following an investigation into alleged tax fraud linked to illicit labour supply, prosecutors’ documents showed on Wednesday. In a 75-page decree reviewed by Reuters, Milan prosecutors accused the U.S. package delivery giant’s local unit of …

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