Headlines

Strong pay growth in UK spreads to public sector, survey shows

Strong pay growth in UK spreads to public sector, survey shows

LONDON (Reuters) – Strong pay growth in Britain’s private sector will be matched in the public sector in the year ahead..

Britain’s Global Investment Summit draws top banking bosses

Britain’s Global Investment Summit draws top banking bosses

LONDON (Reuters) – JP Morgan’s Jamie Dimon and Goldman Sachs’ David Solomon will attend Britain’s Global In..

Climate change likely to boost inflation, Bank of England’s Mann says

Climate change likely to boost inflation, Bank of England’s Mann says

By David Milliken LONDON (Reuters) – Climate change and countries’ different approaches to combat it are likely boost inf..

Analysis-Electric car demand set to stall in Europe’s ‘valley of death’

Analysis-Electric car demand set to stall in Europe’s ‘valley of death’

By Victoria Waldersee and Nick Carey BERLIN/LONDON (Reuters) – After years of accelerating growth, Europe’s electric car ..

Take Five: That rate cut trade

Take Five: That rate cut trade

LONDON (Reuters) -Markets are keen to trade rate cuts and big central banks are pushing back, shining a new light on upcoming data in..

Prince Harry and Elton John can take case against Daily Mail publisher to trial

Prince Harry and Elton John can take case against Daily Mail publisher to trial

By Michael Holden and Sam Tobin LONDON (Reuters) -Prince Harry, singer Elton John and five other high-profile British figures can hav..

Continental hikes car market forecast, warns on 2024 outlook

Continental hikes car market forecast, warns on 2024 outlook

By Victoria Waldersee BERLIN (Reuters) -Germany’s Continental expects a strong fourth quarter for its automotive business and h..

Bank of Spain governor warns of risks of extending bank windfall tax

Bank of Spain governor warns of risks of extending bank windfall tax

MADRID (Reuters) – Any potential extension of the current Spanish windfall tax on banks should take into account the preservati..

UK government to focus on curbing inflation, not boosting spending – King’s Speech

UK government to focus on curbing inflation, not boosting spending – King’s Speech

LONDON (Reuters) -The British government will take responsible decisions on spending and borrowing in order to help bring down the le..

Analysis-Growing Italy risk puts equities at deepest discount in 35 years

Analysis-Growing Italy risk puts equities at deepest discount in 35 years

By Joice Alves and Danilo Masoni LONDON/MILAN (Reuters) – Italian stocks are trading at their deepest discount in 35 years comp..

Travelers put off holiday trips to Middle East as Israel-Hamas war rages

Travelers put off holiday trips to Middle East as Israel-Hamas war rages

By Doyinsola Oladipo and Joanna Plucinska NEW YORK/LONDON (Reuters) – Travelers are canceling or postponing planned vacations t..

Analysis-WeWork’s troubles darken outlook for embattled office market

Analysis-WeWork’s troubles darken outlook for embattled office market

By Sinead Cruise LONDON (Reuters) -The troubles faced by co-working titan WeWork are darkening the outlook for the world’s larg..

US dollar drops to six-week low after softer-than-expected jobs data

US dollar drops to six-week low after softer-than-expected jobs data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell to a six-week low on Friday, after data showed the world’..

Analysis-Traders bet ECB will be first big central bank to cut rates

Analysis-Traders bet ECB will be first big central bank to cut rates

By Yoruk Bahceli (Reuters) – Financial markets are ramping up expectations for interest rate cuts from the European Central Ban..

BMW says ‘no interest’ in price war as order books bulge

BMW says ‘no interest’ in price war as order books bulge

By Victoria Waldersee BERLIN (Reuters) -BMW forecast strong fourth quarter sales on Friday and said its order book was filled into th..

US job growth misses expectations in October as labor market slows

US job growth misses expectations in October as labor market slows

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth slowed in October in part as strikes by the United Auto Workers (UAW) ..

Stocks gain, Treasury yields fall after U.S. jobs market softens

Stocks gain, Treasury yields fall after U.S. jobs market softens

By Caroline Valetkevitch and Harry Robertson NEW YORK/LONDON (Reuters) -Global stock indexes rose, the dollar weakened and benchmark ..

UK’s Sunak urges world leaders to address AI risks

UK’s Sunak urges world leaders to address AI risks

By Martin Coulter and Paul Sandle BLETCHLEY PARK, England (Reuters) – World leaders have a responsibility to address the risks ..

Analysis-Central banks’ big pause spurs bruised bond investors to double down

Analysis-Central banks’ big pause spurs bruised bond investors to double down

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Bond investors bruised by a record hiking cycle are increasing their posi..

Britons’ cost-of-living crisis habits will endure, says Sainsbury’s boss

Britons’ cost-of-living crisis habits will endure, says Sainsbury’s boss

By James Davey LONDON (Reuters) – Changes to British consumers’ behaviour that emerged during the ongoing cost-of-living ..

Ferrari sees strong demand stretching into the distance

Ferrari sees strong demand stretching into the distance

By Giulio Piovaccari and Keith Weir MILAN (Reuters) -Ferrari’s order books are bulging all the way into 2025 when it plans to l..

Bank of England keeps rates at 15-year high, rules out quick cuts to help economy

Bank of England keeps rates at 15-year high, rules out quick cuts to help economy

By William Schomberg and Andy Bruce LONDON (Reuters) – The Bank of England held interest rates at a 15-year peak on Thursday an..

US dollar retreats as risk appetite rises, Fed rate hikes seen as done

US dollar retreats as risk appetite rises, Fed rate hikes seen as done

(Removes extraneous word “be” in the quote in the 7th paragraph) By Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW ..

Global central banks mark a possible plateau

Global central banks mark a possible plateau

By Howard Schneider, William Schomberg and Francesco Canepa (Reuters) – The Bank of England’s decision to hold its policy..

Global fund managers sharpen bank scrutiny following crisis -survey

Global fund managers sharpen bank scrutiny following crisis -survey

By Laura Matthews and Chiara Elisei NEW YORK/LONDON (Reuters) – Global fund managers are exploring ways to spread their counter..

Factbox-More automakers plug into Tesla’s EV charging network

Factbox-More automakers plug into Tesla’s EV charging network

(Reuters) -More automakers signed up to access Tesla’s electric-vehicle charging infrastructure across the United States, takin..

China, US and EU agree to work together on AI safety at UK summit

China, US and EU agree to work together on AI safety at UK summit

By Paul Sandle, Martin Coulter BLETCHLEY PARK, England (Reuters) -China agreed to work with the United States, European Union and oth..

King Charles will deliver COP28 opening speech, Buckingham Palace says

King Charles will deliver COP28 opening speech, Buckingham Palace says

LONDON (Reuters) – King Charles will give the opening address at the COP28 U.N. global climate summit in Dubai, Buckingham Pala..

Fed keeps rates unchanged, acknowledges economy is ‘strong’

Fed keeps rates unchanged, acknowledges economy is ‘strong’

By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve held interest rates steady on Wednesday but left the door open t..

Revolutionizing Retail: Jamie Schisler’s Insights on the Creative and Innovative Path of UpWest

Revolutionizing Retail: Jamie Schisler’s Insights on the Creative and Innovative Path of UpWest

Jamie Schisler, UpWest’s Chief Comfort Officer, shares his insights on how creativity has been a driving force behind innovation in t..

BP shares slump as Q3 profit misses forecast on weak gas

BP shares slump as Q3 profit misses forecast on weak gas

By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP on Tuesday reported third-quarter earnings of $3.3 billion, missing ana..

Endesa warns of slowdown in renewables development

Endesa warns of slowdown in renewables development

By Pietro Lombardi MADRID (Reuters) – Spanish power utility Endesa is slowing the pace of its renewable energy development, its..

French GDP growth slows, inflation eases

French GDP growth slows, inflation eases

By Marine Strauss and Tassilo Hummel PARIS (Reuters) -The French economy grew by 0.1% in the third quarter, with growth slowing from ..

Euro zone inflation and growth fall as ECB hikes bite

Euro zone inflation and growth fall as ECB hikes bite

By Francesco Canepa FRANKFURT (Reuters) – Inflation in the euro zone is falling fast and the economy has begun contracting, dat..

Explainer-Why are European telecom firms selling assets?

Explainer-Why are European telecom firms selling assets?

By Supantha Mukherjee STOCKHOLM (Reuters) – Vodafone’s bid on Tuesday to sell its Spanish business is the latest move by ..

Britain’s AI summit: what can it achieve?

Britain’s AI summit: what can it achieve?

By Martin Coulter LONDON (Reuters) -Britain will host the world’s first global artificial intelligence (AI) safety summit thi..

Japan’s yen slides broadly as BOJ policy tweak seen inadequate

Japan’s yen slides broadly as BOJ policy tweak seen inadequate

By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The yen slumped across the board on Tuesday, dropping t..