Sterling slips as boost from new China COVID rules fades
By Amanda Cooper LONDON (Reuters) – The pound slid on Monday, as an initial jolt of investor enthusiasm over signs of possible l..
Finance
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BIS warns of $80 trillion of hidden FX swap debt
By Marc Jones LONDON (Reuters) – The Bank for International Settlements (BIS) has warned that pension funds and other ‘non..
Finance
ECB’s Makhlouf expects 50 bps rate hike in December
(Corrects first paragraph to say rates ‘may have to move into restrictive territory’, not ‘would have to’) By ..
Finance
UK new car sales rise in November, fail to zoom past 2019 levels- SMMT
(Reuters) – British new car registrations jumped nearly 24% in November from a year earlier to record their fourth straight mont..
Headlines
Oil prices rise after OPEC+ keeps output steady, Russian price cap imposed
By Noah Browning LONDON (Reuters) -Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European ..
Headlines
Tax credits for EU electric vehicles to dominate Monday’s trade talks with U.S
By David Lawder COLLEGE PARK, Md. (Reuters) -Top European Union officials are aiming to be more vocal at a trade meeting with their U...
Headlines
Euro zone likely heading into mild recession-PMI
LONDON (Reuters) – Euro zone business activity declined for a fifth month in November, suggesting the economy was sliding into a..
Headlines
Volkswagen to discuss new software roadmap on Dec. 15 -Handelsblatt
BERLIN (Reuters) – Volkswagen Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at..
Headlines
Trafigura enters $3 billion loan to supply Germany’s Sefe with gas
FRANKFURT (Reuters) – Commodities trading firm Trafigura on Monday said it has entered into a $3 billion four-year loan to suppl..
Headlines
Asia shares bank on eventual China opening; oil gains
By Wayne Cole SYDNEY (Reuters) – Asian shares extended their rally on Monday as investors hoped steps to unwind pandemic restric..
Headlines
China’s patchy COVID easing sows confusion but comforts investors
By Ryan Woo and Martin Quin Pollard BEIJING (Reuters) -A partial easing of the world’s toughest COVID-19 curbs sowed confusion a..
Headlines
Dollar soft as China reopening hopes boost risk sentiment
SINGAPORE (Reuters) – The dollar struggled to gain a foothold on Monday and was languishing at five-month lows as traders looked..
Headlines
U.S., France agreed to “fix” U.S. subsidies issues, says Macron
(Reuters) -President Joe Biden and French President Emmanuel Macron agreed during a state visit earlier this week to “fix”..
Headlines
UK economy to shrink in 2023, risks ‘lost decade’: CBI
By David Milliken LONDON (Reuters) – Britain’s economy is on course to shrink 0.4% next year as inflation remains high and..
Headlines
Crypto broker Genesis owes Gemini’s customers $900 million – FT
(Reuters) -Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins’ cryp..
Headlines
Analysis-Energy hungry Europe can’t look to U.S. shale to fill any OPEC gap
By Laila Kearney, Liz Hampton and Arathy Somasekhar NEW YORK/DENVER/HOUSTON (Reuters) – U.S. shale oil drillers turned from scra..
Headlines
Take Five: Ready for that Santa rally?
(Reuters) – Swiss lender Credit Suisse faces a litmus test over its rights issue, just one several trials markets must work thro..
Headlines
U.S., EU to address Inflation Reduction Act fears constructively -draft
By Foo Yun Chee BRUSSELS (Reuters) – The United States and the European Union will seek to tackle EU concerns about a new U.S. g..
Headlines
Stocks fall as strong U.S. payrolls muddies rate bets
By Sinéad Carew NEW YORK (Reuters) – Equities took a dip on Friday while U.S. Treasury yields climbed as investors bet on a more..
Finance
Euro zone bond yields rise after U.S. jobs data
By Alun John LONDON (Reuters) – European government bond yields rose after Friday data showed U.S. employers hired more workers ..
Headlines
Reckitt expects U.S. infant formula shortage until spring
By Richa Naidu LONDON (Reuters) -The near year-long infant formula shortage in the United States that prompted the intervention of t..
Headlines
Factbox-Global banks take axe to jobs as cost pressures mount
LONDON (Reuters) – Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and la..
Headlines
Irish corporate tax boom breaks more records in November
DUBLIN (Reuters) – Ireland took in more corporate tax in November than it used to collect in entire years a decade ago, as a rec..
Finance
Pfizer to invest more than $2.5 billion to expand European manufacturing
By Michael Erman NEW YORK (Reuters) -Pfizer Inc is investing more than $2.5 billion at its drug making plants in Belgium and Ireland, ..
Headlines
Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks in Novem..
Headlines
EU countries consider lower gas price cap – documents
By Kate Abnett BRUSSELS (Reuters) -European Union countries will consider on Friday a proposal for a gas price cap slightly lower than..
Headlines
Factbox-What European companies are doing as workers face high inflation
(Reuters) -Companies across Europe are offering one-off bonuses and renegotiating wages as surging inflation raises food and energy bi..
Headlines
The UK’s most sustainable industries
Running a business in 2022 is difficult. Higher operational costs, reduced demand across most sectors and an economy still feel..
Business
Laiye named in UK Government’s G-Cloud 13 Framework Agreement, opening up the Work Execution System to Public Sector Services
Catalogue of Laiye products certified and available to the UK public sector in the latest form of the government-approved digit..
Technology
Window Covering UK Industry-first, lifetime guarantee could save customers thousands.
One of the UK’s leading online window-covering retailers, Make My Blinds, has launched an unparalleled lifetime guarantee acros..
Business
German inflation eased in November but too soon for ‘all-clear’
By Miranda Murray and Balazs Koranyi BERLIN (Reuters) – Germany’s inflation cooled slightly in November, but remained near..
Headlines
UK royals in U.S. spotlight as William and Kate visit
By Michael Holden and Sarah Mills LONDON (Reuters) – Prince William and his wife Kate fly out to the United States on Wednesday ..
Headlines
London’s West End regains pre-pandemic buzz, boosting sales
By Aby Jose Koilparambil and Suban Abdulla (Reuters) -London’s West End has seen retail, hospitality and leisure venue sales ret..
Headlines
UK mortgage approvals hit lowest since June 2020
By Andy Bruce LONDON (Reuters) -The number of mortgages approved by lenders in Britain fell in October to its lowest since June 2020, ..
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Greek residential property price recovery picks up in third quarter
By George Georgiopoulos ATHENS (Reuters) – A recovery in Greece’s residential real estate market picked up pace in the thi..
Headlines
Hyundai Motor, SK On sign EV battery supply pact for N. America
By Heekyong Yang and Joyce Lee SEOUL (Reuters) – South Korea’s Hyundai Motor Group has signed an agreement to source elect..
Headlines
Swiss GDP growth lags expectations in Q3
ZURICH (Reuters) – The Swiss economy grew a real 0.2% in the third quarter versus the second three months of 2022 and 0.5% year-..
Headlines