Austrian regulator orders system-relevant banks to up capital buffers
BERLIN (Reuters) – Austrian banking regulator FMA said on Thursday it has ordered system-relevant banks in the country to increa..
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UK watchdog fines Deloitte over SIG audit
By Tom Wilson LONDON (Reuters) -Britain’s accounting watchdog said on Thursday it had fined Deloitte LLP more than 900,000 pound..
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Hundreds of Tyson Foods employees to depart as company closes offices – WSJ
(Reuters) – Hundreds of Tyson Foods Inc employees from two of its largest business units plan to leave as the company consolidat..
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BMW to make Solid Power’s battery cells under expanded agreement
(Reuters) – Solid Power Inc said on Wednesday it will offer some intellectual property rights related to its solid-state batteri..
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Airbus pledges deeper industrial ties with India
(Corrects to remove word “just” in paragraph 7) PARIS (Reuters) – Airbus plans to deepen its industrial presence in ..
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Yen retreats after BOJ policy tweak sparked surge
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The yen fell in a choppy session on Wednesday, ceding some of the ground gained the previous ..
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Weary Wall Street cheers improved consumer confidence
By Lawrence Delevingne and Amanda Cooper (Reuters) -Global stock markets rose on Wednesday, as U.S. consumer confidence rebounded in D..
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Engie warns of hit from windfall levies, Belgian nuclear provisions
PARIS (Reuters) – France’s Engie warned on Tuesday of an earnings hit from European Union approved windfall levies and lar..
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Oil prices rise on U.S. drawdown, Chinese fears weigh
By Shadia Nasralla and Rowena Edwards LONDON (Reuters) -Oil prices rose by more than 2% on Wednesday after data suggested a larger tha..
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Analysis-Russian gold removed from some Western funds after Ukraine
By Peter Hobson LONDON (Reuters) – Hidden inside high-security bank vaults in London, Zurich and New York, billions of dollars&#..
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SpaceX rocket sends first global water survey mission into orbit
By Steve Gorman LOS ANGELES, Calif. (Reuters) -A SpaceX rocket blasted off early on Friday carrying a U.S.-French satellite designed t..
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Britain’s Purplebricks to cut more than 10% of jobs – The Times
(Reuters) – Purplebricks Group PLC, Britain’s biggest online-only real estate agency, will cut more than 10% of its workfo..
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EU opens antitrust probe into Broadcom’s $61 billion VMware bid
PARIS (Reuters) -European antitrust regulators have opened an in-depth investigation into U.S. chipmaker Broadcom’s proposed $61..
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Siemens Gamesa names Luijendijk CEO of onshore wind unit
By Andres Gonzalez LONDON (Reuters) – Wind turbine maker Siemens Gamesa has appointed its Asia Pacific boss Richard Luijendijk a..
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Bank of England raises rates to 3.5%, says inflation has peaked
(This Dec. 15 story has been corrected to change Robert Dishner’s location to London from Chicago in paragraph 33) LONDON (Reute..
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Take Five: Keeping the lights on
(Reuters) – The Bank of Japan will be the last of the major central banks to hold a policy meeting this year, and policy-makers ..
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No Santa rally for markets as central banks dampen peak rate hopes
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) -Forget a year-end rally in financial markets. The message from major central b..
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Marketmind: Hawk-eyed
A look at the day ahead in European and global markets from Ankur Banerjee Investors have hunkered down with their risk-off hat on, af..
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BoE raises rates again as investors look towards end of hikes
By David Milliken and Farouq Suleiman LONDON (Reuters) – The Bank of England raised its key interest rate by a further half-perc..
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Electric vehicles confront the leap to the mass market
By Joseph White DETROIT (Reuters) – The past year was sobering for investors who poured money into Tesla Inc and rival electric ..
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Swiss National Bank says inflation battle not yet won
By John Revill and Michael Shields BERN (Reuters) – Swiss National Bank Chairman Thomas Jordan said it was too early to “s..
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Telecom equipment maker Ericsson divests Russian operation
HELSINKI (Reuters) – Swedish telecom equipment maker Ericsson said on Thursday it had divested a customer support operation in R..
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UK retailer Currys warns on profit as Nordic chill sweeps in
By Aby Jose Koilparambil (Reuters) -British electricals retailer Currys cut its full-year profit forecast on Thursday after heavy disc..
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Adding EVs to U.S. biofuels law is environmental agency’s 2023 task
By Stephanie Kelly NEW YORK (Reuters) – The Biden administration could change the nation’s biofuel blending law next year ..
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EU meets to try to break gas price cap impasse
By Kate Abnett, Gabriela Baczynska and Benoit Van Overstraeten BRUSSELS (Reuters) -European Union energy ministers meeting in Brussels..
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Explainer-Europe’s fiercely contested plan to cap gas prices
By Susanna Twidale, Kate Abnett and Gabriela Baczynska (Reuters) – A proposed cap on gas prices has divided European Union count..
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Food inflation: Tight grain, oilseed supplies to keep prices elevated
By Naveen Thukral SINGAPORE (Reuters) – Drought or too much rain, the war in Ukraine and high energy costs look set to curb glob..
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London stocks slip ahead of key interest rate decisions
By Johann M Cherian and Shristi Achar A (Reuters) – British shares closed lower on Monday, with investors treading cautiously ah..
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EU could face gas shortage next year, IEA warns
By Kate Abnett BRUSSELS (Reuters) -The European Union has enough gas for the winter but could face a shortage next year if Russia cuts..
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Keystone oil pipeline restart timetable unclear; traders worry about supply
By Erwin Seba and Stephanie Kelly WASHINGTON, Kan. (Reuters) -Traders expressed worry on Monday about how long Canada’s TC Energ..
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Queues form at fever clinics as China wrestles with COVID surge
By Eduardo Baptista and Josh Ye BEIJING/HONG KONG (Reuters) -People queued outside fever clinics at Chinese hospitals for COVID-19 che..
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Croatia’s coast turns to solar in bid to become energy-sustainable
By Daria Sito-Sucic MAKARSKA, Croatia (Reuters) – As high electricity bills have closed most hotels along Croatia’s Adriat..
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Britain braces for winter of strike action as nurses walk out
By Sarah Young LONDON (Reuters) – British nurses will go on strike this week, hitting already stretched hospitals and cranking u..
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Metro Bank, former top bosses fined over reporting error
By Iain Withers LONDON (Reuters) – British challenger bank Metro and two of its former executives have been slapped with fines b..
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European food delivery shapes up with Getir’s Gorillas buy
By Toby Sterling AMSTERDAM (Reuters) -Grocery-in-minutes company Getir’s $1.2 billion deal to buy rival Gorillas is an important..
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Oil edges up on U.S. pipeline restart uncertainty, Russian supplies
By Emily Chow SINGAPORE (Reuters) -Oil prices rose as much as more than 1% on Monday as a key pipeline supplying the United States rem..
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UK manufacturers expect output to fall 3.2% in 2023
By David Milliken LONDON (Reuters) – British manufacturers expect output to fall by 3.2% next year after a 4.4% decline in 2022,..
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