SINGAPORE (Reuters) -The dollar was steady on Monday after U.S. inflation data showed only a modest rise last month, easing some concerns about the pace of U.S. rate cuts next year, while the yen loitered near 156 per dollar, raising the possibility of intervention. Investor sentiment was lifted when a U.S. government shutdown was averted by Congress' passage of spending...

Spotify Technology SA ( SPOT ) executives and board members have capitalized on the company’s remarkable stock performance in 2024, selling $1.25 billion worth of shares as the streaming giant’s market value approaches $100 billion. What Happened: Co-founders Daniel Ek and Martin Lorentzon led the selling spree, collecting $350 million and $550 million respectively, according to U.S. Securities and Exchange...

BRUSSELS (Reuters) - Governments hunting for ways to aid Europe's struggling industries should take aim at the continent's high energy taxes, which are eroding competitiveness, the head of Europe's electricity lobby told Reuters. The European Union is drafting a package of measures to support flagging industries, due early next year, as manufacturing giants from automakers to steel firms warn of...

TOKYO, Dec 23 (Reuters) - Former Nissan CEO Carlos Ghosn cast doubt on whether the potential merger between Honda ( HMC ) and Nissan ( NSANF ) will be successful, saying the plans Nissan ( NSANF ) have do not make sense in a press conference on Monday. Honda ( HMC ) and Nissan ( NSANF ) announced on Monday...