Headlines

Explainer-Why are British lender Metro Bank’s shares plunging?

Explainer-Why are British lender Metro Bank’s shares plunging?

Explainer-Why are British lender Metro Bank’s shares plunging? By Lawrence White LONDON (Reuters) – Mid-sized British lend..

Oil prices fall again; demand worries outweigh tight supply

Oil prices fall again; demand worries outweigh tight supply

Oil prices fall again; demand worries outweigh tight supply By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell about 2% on Thur..

UK to examine Amazon and Microsoft’s cloud dominance

UK to examine Amazon and Microsoft’s cloud dominance

UK to examine Amazon and Microsoft’s cloud dominance By Paul Sandle and Yadarisa Shabong LONDON (Reuters) -Britain’s media..

Analysis-When, not if, Europe copies Wall Street share trading reform

Analysis-When, not if, Europe copies Wall Street share trading reform

Analysis-When, not if, Europe copies Wall Street share trading reform By Huw Jones LONDON (Reuters) – The European Union, Britai..

Citigroup outlines layoff process, reassignments as overhaul takes shape

Citigroup outlines layoff process, reassignments as overhaul takes shape

Citigroup outlines layoff process, reassignments as overhaul takes shape By Lananh Nguyen, Saeed Azhar and Tatiana Bautzer NEW YORK (R..

Dollar, stocks slip amid still tight U.S. labor market

Dollar, stocks slip amid still tight U.S. labor market

Dollar, stocks slip amid still tight U.S. labor market By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -The dollar ea..

Greedy beast’ of inflation not yet defeated, Bundesbank chief says

Greedy beast’ of inflation not yet defeated, Bundesbank chief says

‘Greedy beast’ of inflation not yet defeated, Bundesbank chief says FRANKFURT (Reuters) – Euro zone inflation is fal..

Pound dips after weak UK construction data, BoE survey

Pound dips after weak UK construction data, BoE survey

Pound dips after weak UK construction data, BoE survey By Samuel Indy   LONDON (Reuters) – The British pound dipped against..

Alstom cash flow warning wipes $3 billion off train maker’s value

Alstom cash flow warning wipes $3 billion off train maker’s value

Alstom cash flow warning wipes $3 billion off train maker’s value (Reuters) -Alstom’s shares plunged by as much as 38% in ..

Jewellery retailer Pandora raises growth targets, shares jump

Jewellery retailer Pandora raises growth targets, shares jump

Jewellery retailer Pandora raises growth targets, shares jump By Helen Reid LONDON (Reuters) -Jewellery retailer Pandora raised its gr..

Novo Nordisk’s Wegovy bonanza looms large in Denmark

Novo Nordisk’s Wegovy bonanza looms large in Denmark

Novo Nordisk’s Wegovy bonanza looms large in Denmark By Maggie Fick COPENHAGEN (Reuters) – The whirlwind success of weight..

Birkenstock the latest shoe IPO to drop in a tough market

Birkenstock the latest shoe IPO to drop in a tough market

Birkenstock the latest shoe IPO to drop in a tough market By Ananya Mariam Rajesh and Helen Reid (Reuters) – Sandal company Birk..

UK new car sales rise about 20% in September, says industry body SMMT

UK new car sales rise about 20% in September, says industry body SMMT

UK new car sales rise about 20% in September, says industry body SMMT (Reuters) – New car sales in Britain rose roughly 20% in S..

UK PM Sunak offers billions for new links after scrapping HS2 northern leg

UK PM Sunak offers billions for new links after scrapping HS2 northern leg

UK PM Sunak offers billions for new links after scrapping HS2 northern leg By Alistair Smout and Sarah Young MANCHESTER (Reuters) R..

Europe could become energy self-sufficient in $2 trillion push – study

Europe could become energy self-sufficient in $2 trillion push – study

Europe could become energy self-sufficient in $2 trillion push – study FRANKFURT (Reuters) – Europe could wean itself off ..

World’s biggest bond markets steady after heavy selloff

World’s biggest bond markets steady after heavy selloff

World’s biggest bond markets steady after heavy selloff By Alun John and Naomi Rovnick LONDON (Reuters) -A broad selloff in worl..

UK business downturn eases after inflation data, BoE pause – PMI

UK business downturn eases after inflation data, BoE pause – PMI

LONDON (Reuters) – British services companies suffered a less severe downturn in September than first feared, reflecting a surp..

Euro zone economy likely contracted in Q3 amid waning demand

Euro zone economy likely contracted in Q3 amid waning demand

Euro zone economy likely contracted in Q3 amid waning demand By Jonathan Cable LONDON (Reuters) – The euro zone economy probably..

Global bond rout deepens before receding on relief rally

Global bond rout deepens before receding on relief rally

Global bond rout deepens before receding on relief rally By Herbert Lash and Tom Wilson NEW YORK/LONDON (Reuters) -A rout in governmen..

ECB’s Centeno says rate cycle likely completed, inflation retreating

ECB’s Centeno says rate cycle likely completed, inflation retreating

ECB’s Centeno says rate cycle likely completed, inflation retreating LISBON (Reuters) -The cycle of interest rate hikes by the E..

Factbox-Italy feels health sector pinch as Europe struggles post COVID-19

Factbox-Italy feels health sector pinch as Europe struggles post COVID-19

Factbox-Italy feels health sector pinch as Europe struggles post COVID-19 ROME (Reuters) – Italy’s government has warned t..

Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year

Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year

Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year BRUSSELS (Reuters) – Euro zone producer pr..

Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock

Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock

Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp chos..

Central bank test lab develops global bitcoin mapping system

Central bank test lab develops global bitcoin mapping system

Central bank test lab develops global bitcoin mapping system By Marc Jones LONDON (Reuters) – A global central bank test lab has..

Russian car sales jump in September as Chinese brands expand market share

Russian car sales jump in September as Chinese brands expand market share

Russian car sales jump in September as Chinese brands expand market share (Reuters) – Car sales in Russia jumped by 148.6% year-..

Sanofi to co-develop Teva Pharmaceutical’s Colitis, Crohn’s drug

Sanofi to co-develop Teva Pharmaceutical’s Colitis, Crohn’s drug

Sanofi to co-develop Teva Pharmaceutical’s Colitis, Crohn’s drug By Steven Scheer JERUSALEM (Reuters) – Teva Pharmac..

Britain’s SSE sees weaker half-year profit on subdued renewables output

Britain’s SSE sees weaker half-year profit on subdued renewables output

Britain’s SSE sees weaker half-year profit on subdued renewables output (Reuters) -British power generator and network operator ..

Britain’s Tesco upgrades outlook as inflation eases

Britain’s Tesco upgrades outlook as inflation eases

Britain’s Tesco upgrades outlook as inflation eases LONDON (Reuters) -Tesco, Britain’s biggest supermarket, upgraded its a..

Spotify Premium to include free access to audiobooks in UK, Australia

Spotify Premium to include free access to audiobooks in UK, Australia

Spotify Premium to include free access to audiobooks in UK, Australia (Reuters) – Spotify said on Tuesday that users of its prem..

UK’s Petrofac gets over $600 million carbon capture contract from ADNOC Gas

UK’s Petrofac gets over $600 million carbon capture contract from ADNOC Gas

UK’s Petrofac gets over $600 million carbon capture contract from ADNOC Gas (Reuters) -UK oil services firm Petrofac said on Tue..

Banks behind 70% jump in greenwashing incidents in 2023 -report

Banks behind 70% jump in greenwashing incidents in 2023 -report

Banks behind 70% jump in greenwashing incidents in 2023 -report LONDON (Reuters) – The number of instances of greenwashing by ba..

Countries pledge to raise $12 billion to fund coral reef protection

Countries pledge to raise $12 billion to fund coral reef protection

Countries pledge to raise $12 billion to fund coral reef protection By David Stanway SINGAPORE (Reuters) – An alliance of nation..

UK’s Greggs shows resilience with quarterly sales rise

UK’s Greggs shows resilience with quarterly sales rise

UK’s Greggs shows resilience with quarterly sales rise LONDON (Reuters) -British baker and fast food chain Greggs kept its full-..

Rouble recovers slightly after slide past 100 vs dollar

Rouble recovers slightly after slide past 100 vs dollar

Rouble recovers slightly after slide past 100 vs dollar (Reuters) -The Russian rouble weakened past the symbolic threshold of 100 to t..

UK shop price inflation at lowest in a year – BRC

UK shop price inflation at lowest in a year – BRC

UK shop price inflation at lowest in a year – BRC LONDON (Reuters) – Prices in British store chains rose at the slowest pa..

Visa launches $100 million venture fund for generative AI startups

Visa launches $100 million venture fund for generative AI startups

Visa launches $100 million venture fund for generative AI startups (Reuters) – Payments processor Visa on Monday launched a $100..

Oil tumbles 2% to 3-week low on strong dollar, profit taking

Oil tumbles 2% to 3-week low on strong dollar, profit taking

Oil tumbles 2% to 3-week low on strong dollar, profit taking By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% on Monday ..