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UK house prices speed up but slowdown coming, Nationwide says

UK house prices speed up but slowdown coming, Nationwide says

LONDON (Reuters) – British house prices rose at a faster monthly pace in August than in July but the market is set to cool as su..

Marketmind: Moment in the sun

Marketmind: Moment in the sun

A look at the day ahead in European and global markets from Tom Westbrook Summer may be finished, but the hot sun is helping energy pr..

Amazon introduces seller storage service to tackle supply chain woes

Amazon introduces seller storage service to tackle supply chain woes

(Reuters) – Amazon.com Inc introduced a new service on Wednesday to help its sellers store bulk inventory and ease distribution ..

Exclusive-Naftogaz CEO prepared to step down if it would facilitate debt deal

Exclusive-Naftogaz CEO prepared to step down if it would facilitate debt deal

By Andrea Shalal KYIV (Reuters) – The head of state-run Ukranian energy company Naftogaz is ready to step down if it would help ..

Global body urges EU to make company life simpler by aligning climate reporting

Global body urges EU to make company life simpler by aligning climate reporting

By Huw Jones LONDON (Reuters) – The European Union should make extra time to align its policies with international rules on repo..

Botswana awards Norway’s Scatec first large-scale solar plant contract

Botswana awards Norway’s Scatec first large-scale solar plant contract

GABORONE (Reuters) – State-owned Botswana Power Corporation (BPC) has awarded Norwegian company Scatec ASA a contract to build a..

French sugar makers to start output early as energy curbs loom

French sugar makers to start output early as energy curbs loom

By Sybille de La Hamaide PARIS (Reuters) -France’s two largest sugar makers Tereos and Cristal Union will bring forward the star..

Hackers hit Italian oil company Eni’s computer networks

Hackers hit Italian oil company Eni’s computer networks

(Reuters) -Italian oil company Eni’s computer networks were hacked in recent days but the consequences appear to be minor so far..

Russia jobless rate stays at record low of 3.9% in July

Russia jobless rate stays at record low of 3.9% in July

MOSCOW (Reuters) – The number of people unemployed in Russia was 2.9 million in July, or 3.9% of the workforce, with the jobless..

Barclays announces sale of remaining shares in South Africa’s Absa

Barclays announces sale of remaining shares in South Africa’s Absa

LONDON (Reuters) – Barclays will sell its remaining 7.4% stake in South African bank Absa, it said on Wednesday, completing its ..

Russia’s Gazprom expects increase in 2022 revenue

Russia’s Gazprom expects increase in 2022 revenue

MOSCOW (Reuters) -Russian gas giant Gazprom showed very good results in the first half and its 2022 revenue will exceed last year̵..

Russia’s Gazprom expects increase in 2022 revenue

Russia’s Gazprom expects increase in 2022 revenue

MOSCOW (Reuters) -Russian gas giant Gazprom showed very good results in the first half and its 2022 revenue will exceed last year̵..

EDF staff, shareholders file complaint over management

EDF staff, shareholders file complaint over management

By Julien Ponthus and Tassilo Hummel PARIS (Reuters) – An association of EDF staffers and shareholders seeking a higher price fo..

EDF staff, shareholders file complaint over management

EDF staff, shareholders file complaint over management

By Julien Ponthus and Tassilo Hummel PARIS (Reuters) – An association of EDF staffers and shareholders seeking a higher price fo..

UniCredit gets ECB’s green light for second 1 billion euro share buyback

UniCredit gets ECB’s green light for second 1 billion euro share buyback

By Valentina Za MILAN (Reuters) – UniCredit on Wednesday said it had gained supervisory approval for a new share buyback of up t..

UniCredit gets ECB’s green light for second 1 billion euro share buyback

UniCredit gets ECB’s green light for second 1 billion euro share buyback

By Valentina Za MILAN (Reuters) – UniCredit on Wednesday said it had gained supervisory approval for a new share buyback of up t..

Spanish toddler dies after being hit by giant hailstone

Spanish toddler dies after being hit by giant hailstone

MADRID (Reuters) – A 20-month-old girl died after being struck on the head during a violent hailstorm that caused havoc in Catal..

Spanish toddler dies after being hit by giant hailstone

Spanish toddler dies after being hit by giant hailstone

MADRID (Reuters) – A 20-month-old girl died after being struck on the head during a violent hailstorm that caused havoc in Catal..

Foreign tourism to Portugal surpasses pre-COVID levels in July

Foreign tourism to Portugal surpasses pre-COVID levels in July

LISBON (Reuters) – The number of foreign tourists visiting Portugal slightly surpassed pre-pandemic levels in July for the first..

Foreign tourism to Portugal surpasses pre-COVID levels in July

Foreign tourism to Portugal surpasses pre-COVID levels in July

LISBON (Reuters) – The number of foreign tourists visiting Portugal slightly surpassed pre-pandemic levels in July for the first..

Investors flee UK bonds, pushing gilts to huge monthly loss

Investors flee UK bonds, pushing gilts to huge monthly loss

LONDON (Reuters) -Investors alarmed at Britain’s bleak economic outlook and political uncertainty dumped government bonds on Wed..

Investors flee UK bonds, pushing gilts to huge monthly loss

Investors flee UK bonds, pushing gilts to huge monthly loss

LONDON (Reuters) -Investors alarmed at Britain’s bleak economic outlook and political uncertainty dumped government bonds on Wed..

Euro slips back below parity, Norwegian krone falls on planned cbank FX purchases

Euro slips back below parity, Norwegian krone falls on planned cbank FX purchases

By Samuel Indyk LONDON (Reuters) – The euro slipped back below parity against the dollar on Wednesday and was on track for its t..

Euro slips back below parity, Norwegian krone falls on planned cbank FX purchases

Euro slips back below parity, Norwegian krone falls on planned cbank FX purchases

By Samuel Indyk LONDON (Reuters) – The euro slipped back below parity against the dollar on Wednesday and was on track for its t..

Britain’s Queen Elizabeth will appoint new prime minister at Balmoral

Britain’s Queen Elizabeth will appoint new prime minister at Balmoral

LONDON (Reuters) -Queen Elizabeth will break with tradition to appoint Britain’s new prime minister at her Balmoral Castle resid..

Turkey’s economy grew 7.6% in Q2 driven by domestic demand, exports

Turkey’s economy grew 7.6% in Q2 driven by domestic demand, exports

By Nevzat Devranoglu and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s economy grew 7.6% year-on-year in the second quarte..

German bonds set for worst month in decades as inflation hits new highs

German bonds set for worst month in decades as inflation hits new highs

By Dhara Ranasinghe LONDON (Reuters) – Germany’s borrowing costs rose to their highest level in over two months on Wednesd..

EU to restrict travel rules for Russians, split on how far to go

EU to restrict travel rules for Russians, split on how far to go

By Sabine Siebold and Robert Muller PRAGUE (Reuters) -The EU’s foreign policy chief on Wednesday urged bickering nations to sett..

UK energy bill help won’t lower inflation, statisticians rule

UK energy bill help won’t lower inflation, statisticians rule

By Andy Bruce LONDON (Reuters) -British government energy bill rebates for households cannot be viewed as lowering inflation, official..

Foreign business travel missing ingredient for Irish hotel recovery – Dalata

Foreign business travel missing ingredient for Irish hotel recovery – Dalata

By Padraic Halpin DUBLIN (Reuters) – Executives at Ireland’s large hub of multinational companies are still only going on ..

Toyota Motor to invest $5.3 billion in Japan, U.S. for EV battery supply

Toyota Motor to invest $5.3 billion in Japan, U.S. for EV battery supply

(Reuters) -Toyota Motor Corp said on Wednesday it would invest up to 730 billion yen ($5.27 billion) in Japan and the United States to..

PIMCO cut big position in Russia CDS by adding bonds in Q2

PIMCO cut big position in Russia CDS by adding bonds in Q2

By Davide Barbuscia NEW YORK (Reuters) -PIMCO’s largest investment fund bought Russia government international bonds and hedged ..

Euro zone yields steady as German inflation hits nearly 50-yr high

Euro zone yields steady as German inflation hits nearly 50-yr high

LONDON (Reuters) – Euro zone government bond yields steadied on Tuesday just below the multi-week highs hit on Monday as energy ..

Oil slides more than $3 on inflation and Iraq exports

Oil slides more than $3 on inflation and Iraq exports

By Rowena Edwards LONDON (Reuters) -Oil prices fell by more than $3 a barrel on Tuesday on fears that an inflation-induced weakening o..

Analysis-France braces for uncertain winter as nuclear power shortage looms

Analysis-France braces for uncertain winter as nuclear power shortage looms

By Forrest Crellin, Silvia Aloisi and Nina Chestney PARIS (Reuters) – France, once Europe’s top power exporter, may not pr..

Shares and bonds stabilise on pause in bad news

Shares and bonds stabilise on pause in bad news

By Lawrence White LONDON (Reuters) – Shares tiptoed higher and Eurozone bond yields fell on Tuesday as investors took a breather..

ECB bets boost euro, dollar slips from 20 year peak

ECB bets boost euro, dollar slips from 20 year peak

By Alun John HONG KONG (Reuters) – The euro climbed past parity against a softening dollar on Tuesday, thanks to lower energy pr..