Sterling falls vs dollar as focus turns to UK data
LONDON (Reuters) – The British pound fell on Monday against a broadly stronger dollar at the start of a week where traders and t..
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Biotech stocks pin bounce back hopes on M&A boost
By Amruta Khandekar and Leroy Leo (Reuters) – Plunging valuations have made biotech companies tempting acquisition targets for c..
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Automakers scramble to decode new U.S. EV tax credits
By David Shepardson and Joseph White WASHINGTON (Reuters) – U.S. automakers and dealers are scrambling to figure out if they can..
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U.S. inflation outlook brightens as import prices fall, consumer sentiment rises
(Reuters) – U.S. import prices fell for the first time in seven months in July, helped by a strong dollar and lower fuel and non..
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Mercedes Benz becomes first partner of CATL’s new Hungary battery plant
BERLIN (Reuters) -Mercedes-Benz is the first carmaker to receive cells from a new 7.34 billion euro ($7.56 billion) battery factory Ch..
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Britain considers energy bill subsidy for industrial firms
LONDON (Reuters) -Britain is considering plans to subsidise power bills for energy intensive industries such as steel and cement, in a..
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German regulator calls on Allianz to improve controls – source
FRANKFURT (Reuters) – Germany’s financial watchdog BaFin has called on Allianz to improve its internal controls following ..
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Risk of new wildfires in southwestern France as heatwave persists
By Stephane Mahe and Manuel Ausloos SAINT-MAGNE, France (Reuters) – High temperatures and a worsening drought brought a high ris..
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FTSE 100 climbs on smaller-than-expected GDP contraction, GSK rebound
By Sruthi Shankar (Reuters) – London’s FTSE 100 rose on Friday after data showed Britain’s economy contracted less t..
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Flutter’s full-year earnings turnaround forecast sends shares higher
DUBLIN (Reuters) -Flutter posted a 20% fall in first-half earnings but saw no sign of cash-strapped customers betting less and expects..
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UK economy contracts 0.6% in June and 0.1% in Q2
LONDON (Reuters) – Britain’s economy contracted by 0.6% in monthly terms during June, and by 0.1% between April and June, ..
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Oil prices slip on cloudy demand outlook, but poised for weekly gain
By Sonali Paul and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices dropped in Asia trade on Friday amid an uncertain demand outlook, thoug..
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Walmart’s long-lasting challenge: luring budget shoppers back to its stores
By Arriana McLymore and Siddharth Cavale (Reuters) – Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted ..
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Solving the Scope 3 Emissions Conundrum
By Sudalaimuthu Gurusamy, Domain Consultant with the Risk Management practice of the Banking and Financial Services (BFS) ..
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Stocks climb, yields fall with dollar on inflation data
By Sinéad Carew NEW YORK (Reuters) – Wall Street equities rallied and Treasury yields plunged after signs of sharply deceleratin..
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Biden signs bill to boost U.S. chips, compete with China
By David Shepardson and Jeff Mason WASHINGTON (Reuters) -President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billio..
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Russia puts Iranian satellite into orbit
MOSCOW (Reuters) -Russia launched an Iranian satellite into orbit on Tuesday from southern Kazakhstan, just three weeks after Presiden..
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FBI searches Trump’s Florida home as part of presidential records probe
By Brian Ellsworth and Sarah N. Lynch PALM BEACH, Fla. (Reuters) -Former President Donald Trump said FBI agents raided his Mar-a-Lago ..
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Companies in China distance themselves from Taiwan amid Pelosi backlash
By Eduardo Baptista BEIJING (Reuters) – From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are ..
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Wait and see: U.S. companies curb investment as they await Fed moves
By Timothy Aeppel (Reuters) – Business investment appears to be an early victim of red-hot U.S. inflation and rising interest ra..
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Factbox: Government measures to ease inflation pain
(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine are co..
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Russia bans Western investors from selling banking, key energy stakes
(This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) ..
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U.S. job growth surges in July as labor market defies recession fears
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth unexpectedly accelerated in July, lifting the level of employment back ..
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Switzerland’s new energy asset: hydro plant with capacity to charge 400,000 car batteries
By Denis Balibouse FINHAUT, Switzerland (Reuters) – Switzerland is adding a much needed cog in the wheel to its energy supply wi..
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Analysis-East Europe’s party is over as double-digit inflation bites
By Krisztina Than ESZTERGOM, Hungary (Reuters) – In the weeks that followed Russia’s invasion of Ukraine, western Europe&#..
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Pelosi praises Taiwan, says Asian trip wasn’t to change status quo
By Sakura Murakami and Kiyoshi Takenaka TOKYO (Reuters) -U.S. House of Representatives Speaker Nancy Pelosi on Friday praised Taiwan, ..
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Britain lifts rates by most since 1995, latest to deliver aggressive hikes
(Reuters) – The Bank of England raised interest rates on Thursday by half-a-point in its biggest move in 27 years to tame inflat..
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Man charged under Britain’s Treason Act over Christmas Day incident at queen’s home
By Michael Holden LONDON (Reuters) – A man arrested with a crossbow at Queen Elizabeth’s Windsor Castle home on Christmas ..
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Why some heatwaves prove deadlier than others
By Gloria Dickie LONDON (Reuters) – Europe’s record-breaking heatwave last month saw England and Wales register https://ww..
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UK leadership favourite Truss U-turns on pay plan in first big misstep
By Andrew MacAskill and Kylie MacLellan LONDON (Reuters) -Britain’s foreign minister Liz Truss, the frontrunner to replace Boris..
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Europe’s summer travel chaos
(Reuters) – Strikes and staff shortages are forcing airlines to cancel thousands of flights and causing hours-long queues at maj..
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Analysis: U.S. banks face trillion-dollar reverse repo headache
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The trillions of dollars in overnight cash tucked away daily at the Federal Res..
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‘Living with COVID’: Where the pandemic could go next
By Jennifer Rigby and Julie Steenhuysen LONDON/CHICAGO (Reuters) – As the third winter of the coronavirus pandemic looms in the ..
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Gold investors face bind over bars from tarnished Russia
By Peter Hobson LONDON (Reuters) – Some investors want Russian gold off their books but it’s not that easy to remove. A de..
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U.S. considers crackdown on memory chip makers in China
By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – The United States is considering limiting shipments of American chi..
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Russia’s 2022 inflation seen at 13.4%, more rate cuts to come: Reuters poll
MOSCOW (Reuters) – Analysts have trimmed their year-end inflation forecasts for Russia and see room for the central bank to cont..
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Some wounded Russian soldiers find compensation elusive, despite Putin’s pledge – sources
By Maria Tsvetkova ISTANBUL (Reuters) – A week into Moscow’s war in Ukraine, Russian President Vladimir Putin made a gesture of ..
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