BoE’s Mann says better to err towards over-tightening rates
By Andy Bruce and David Milliken LONDON (Reuters) -Bank of England policymaker Catherine Mann said on Monday that it was too soon for..
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Global companies to hike security spending as threats rise – survey
By Kate Holton LONDON (Reuters) – Almost half of security chiefs at the world’s biggest companies expect to increase their..
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AstraZeneca shares fall 4% to 7-1/2 week low
LONDON (Reuters) -Shares in London-listed drugmaker AstraZeneca fell more than 4% on Monday, sliding to their lowest since July 19. T..
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BMW to invest $750 million in UK plants to take Mini fully electric
By Nick Carey LONDON (Reuters) -BMW said on Monday it will invest 600 million pounds ($750 million) in its UK plants to take its Mini..
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All of UK retailer Wilko’s stores to shut, risking 12,500 jobs
LONDON (Reuters) -Failed retailer Wilko will disappear from British high streets next month, as its entire chain of 400 homeware stor..
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England confirms 34 COVID cases linked to highly mutated variant – UKSHA
(Reuters) – UK Health Security Agency (UKSHA) said on Friday that 34 COVID-19 cases linked to the highly mutated variant BA.2.8..
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G20 chair India says leaders’ statement almost ready
NEW DELHI (Reuters) – The G20 leaders’ communique is almost ready to be presented to those attending the weekend summit o..
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Italy, France agree to postpone closure of Mont Blanc tunnel by a year
MILAN (Reuters) – Key maintenance works on the Mont Blanc tunnel between Italy and France have been postponed until September n..
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As deadly Greek rainstorm ebbs, a trail of devastation emerges
By Angeliki Koutantou and Louisa Gouliamaki KARDITSA, Greece (Reuters) -Hundreds of people were stranded without food or water for a ..
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London-listed SPAC moves closer to launch of Lloyd’s insurance vehicle
LONDON (Reuters) – A London-listed special purpose acquisition company has moved closer to launching a vehicle designed to give..
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German inflation eases to 6.4% in August
BERLIN (Reuters) – German inflation eased in August to 6.4%, the federal statistics office said on Friday, confirming prelimina..
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Gazprom’s board to consider buying shares
MOSCOW (Reuters) – The board of Russian natural gas giant Gazprom said on Tuesday that it will consider buying shares of the co..
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Tonix’s long COVID drug fails to meet mid-stage trial goal
(Reuters) – Tonix Pharmaceuticals Holding Corp said on Tuesday its experimental drug failed to meet the primary goal in a mid-s..
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Exclusive-Shell, Trinidad weigh Venezuela’s natural gas investment demands
By Curtis Williams and Marianna Parraga HOUSTON (Reuters) – Shell and Trinidad and Tobago’s National Gas Company (NGC) ar..
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Euro zone producer prices drop for seventh month in July
BRUSSELS (Reuters) – Euro zone producer prices fell for a seventh consecutive month in July, data showed on Tuesday, with figur..
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UK investors’ stocks sell-off accelerates, ESG ‘boom ends’ – Calastone
LONDON (Reuters) – Investors in Britain dumped both stocks and bonds in August as they continued to opt for the safety of cash ..
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Vodafone teams up with Amazon’s Project Kuiper to extend 5G reach
LONDON (Reuters) – Vodafone plans to work with Amazon’s low Earth orbit satellite constellation Project Kuiper to extend ..
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Equipment rental firm Ashtead lowers UK rental revenue outlook, shares fall
(Reuters) -British equipment rental firm Ashtead Group on Tuesday lowered its annual UK rental revenue growth forecast to 6%-9% from ..
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Russian services activity grows in Aug at fastest rate in five months -PMI
MOSCOW (Reuters) – Activity in Russia’s services sector grew at the fastest rate in five months in August as the sharpest..
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ECB chief economist says easing inflation welcome but must continue
DUBLIN (Reuters) – An easing in goods and services inflation in flash data last week is welcome but needs to continue, European..
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UK August new car registrations up more than 20%- SMMT
(Reuters) – New car registrations in Britain rose for the 13th consecutive month in August, rising more than 20% from a year ea..
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L’Occitane’s billionaire owner decides against deal to take company private
By Rishav Chatterjee (Reuters) – Hong Kong-listed skincare specialist L’Occitane International SA said on Monday its cont..
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Hundreds more UK school buildings could be crumbling, says minister
By Sachin Ravikumar LONDON (Reuters) -Hundreds more school buildings in England might be crumbling and unsafe, Britain’s Educat..
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Factbox-What is the G20 and what are the key issues for the 2023 summit?
NEW DELHI (Reuters) – Leaders of the world’s richest and most powerful countries will attend the two-day G20 Summit in In..
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Taiwan to restore power after Typhoon Haikui batters island
TAIPEI (Reuters) -Taiwan expects to restore power supply by late on Monday to thousands of homes cut off by Typhoon Haikui in the isl..
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Sustainability takes back seat in auto industry sourcing decisions – survey
By Victoria Waldersee BERLIN (Reuters) – Automakers and suppliers are deprioritising sustainability initiatives in their sourci..
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Novo Nordisk launches weight-loss drug Wegovy in Britain
By Maggie Fick LONDON (Reuters) -Novo Nordisk launched its weight-loss injection Wegovy in Britain on Monday, its second debut in Eur..
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Bosch expects sales in core mobility division to grow 10% in 2023
FRANKFURT (Reuters) – Bosch, the world’s top automotive supplier, expects sales at its mobility business division to grow..
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Nestle divests peanut allergy business Palforzia
ZURICH (Reuters) – Nestle has divested its peanut allergy treatment business Palforzia, the Swiss food company said on Monday, ..
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Oil inches higher on OPEC+ supply cut expectations
By Mohi Narayan NEW DELHI (Reuters) – Oil prices edged higher on Monday, supported by expectations that major producers will ke..
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Czech Finance Ministry proposes 2024 state budget with $11.3 billion deficit
PRAGUE (Reuters) – The Czech Finance Ministry has proposed a 2024 central state budget with a 252 billion crown ($11.36 billion..
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Cybercrime to cost Germany 206 billion euros in 2023 -survey
BERLIN (Reuters) -The theft of IT equipment and data, as well as digital and industrial espionage and sabotage, will cost Germany 206..
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Why is Huawei’s new smartphone generating so much buzz?
SHENZHEN, China (Reuters) -The surprise launch of the latest high-end smartphone from Chinese tech giant Huawei Technologies has trig..
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UK statistics office revises up strength of post-COVID bounce back
By David Milliken LONDON (Reuters) -Britain’s statistics office has sharply revised up its estimate for the size of the economy..
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NatWest appoints former Nationwide CFO to its UK bank board
LONDON (Reuters) – NatWest has appointed Mark Rennison, a former Nationwide Building Society Chief Financial Officer, to the bo..
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Airline SAS to boost capacity after first quarterly profit since 2019
By Marie Mannes STOCKHOLM (Reuters) -Scandinavian airline SAS plans to ramp-up winter capacity this year, the company said on Friday ..
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British home prices to fall 4% in 2023 as borrowing costs bite – Reuters poll
By Jonathan Cable LONDON (Reuters) – British home prices will fall 4% this year, more than was thought a few months ago, as hig..
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