Headlines

Euro zone credit growth remains brisk despite gloomy outlook

Euro zone credit growth remains brisk despite gloomy outlook

FRANKFURT (Reuters) – Bank lending to euro zone companies held steady, maintaining the sector’s biggest borrowing binge in..

UK’s Superdry in talks with Bantry Bay to refinance $85 million facility

UK’s Superdry in talks with Bantry Bay to refinance $85 million facility

LONDON (Reuters) – British fashion group Superdry said it is in negotiations to refinance borrowings of up to 70 million pounds ..

Dollar slips, while yuan slumps on COVID unrest in China

Dollar slips, while yuan slumps on COVID unrest in China

By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) – The dollar weakened on Monday as investors weighed up the recent dro..

UK to launch new billion-pound home insulation programme

UK to launch new billion-pound home insulation programme

LONDON (Reuters) – Britain’s government intends to make 1 billion pounds ($1.2 billion) of public funding available for ho..

Prague Christmas market returns after COVID but with fewer lights

Prague Christmas market returns after COVID but with fewer lights

PRAGUE (Reuters) – Thousands of people poured into Prague’s medieval Old Town Square at the weekend for the lighting of a ..

UK to fine tech companies that fail to remove self-harm material

UK to fine tech companies that fail to remove self-harm material

By David Milliken LONDON (Reuters) – Britain’s government intends to make it illegal to encourage others to harm themselve..

Airbus may delay some 2023 jet deliveries: sources

Airbus may delay some 2023 jet deliveries: sources

By Tim Hepher PARIS (Reuters) – Airbus is preparing the ground for further delays to planned delivery dates of some medium-haul ..

Credit Agricole is weighing foray into German car-sharing: media report

Credit Agricole is weighing foray into German car-sharing: media report

FRANKFURT (Reuters) – French bank Credit Agricole is weighing plans to offer car-sharing financial services in Germany because t..

OPEC+ meeting to take into account market conditions – Iraqi official

OPEC+ meeting to take into account market conditions – Iraqi official

CAIRO (Reuters) – The OPEC+ meeting in December will take into account the condition and balance of the market, Iraq’s sta..

EU demands quick fix from U.S. of green subsidy law

EU demands quick fix from U.S. of green subsidy law

By Philip Blenkinsop BRUSSELS (Reuters) – European Union ministers warned on Friday that time was running out to resolve differe..

Cost-of-living crisis casts shadow over Europe’s Black Friday

Cost-of-living crisis casts shadow over Europe’s Black Friday

By James Davey LONDON (Reuters) – Europe’s retailers are hoping Black Friday discount day will get shoppers spending, thou..

IKEA stores owner Ingka’s annual operating profit rises 9%

IKEA stores owner Ingka’s annual operating profit rises 9%

By Anna Ringstrom STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores, reported on Friday a 9% rise in annual opera..

UK budget fashion chain Primark to invest 140 million stg in stores

UK budget fashion chain Primark to invest 140 million stg in stores

LONDON (Reuters) – British fashion chain Primark set out plans to invest 140 million pounds ($169 million) in its UK store estat..

UK energy regulator drops plan to ring fence customers’ cash

UK energy regulator drops plan to ring fence customers’ cash

LONDON (Reuters) -British energy regulator Ofgem on Friday dropped a planned requirement for suppliers to ring fence customer credit b..

Cost-of-living crisis casts shadow over Europe’s Black Friday

Cost-of-living crisis casts shadow over Europe’s Black Friday

By James Davey LONDON (Reuters) -Europe’s retailers are hoping Black Friday discount day will get shoppers spending, though it t..

Dollar set for weekly loss amid expectations Fed will slow hikes

Dollar set for weekly loss amid expectations Fed will slow hikes

By Rae Wee and Joice Alves SINGAPORE/LONDON (Reuters) – The U.S. dollar hovered near a three-month low on Friday and was headed ..

Atlantia exit highlights Milan’s battle to retain market heavyweights

Atlantia exit highlights Milan’s battle to retain market heavyweights

By Elisa Anzolin MILAN (Reuters) – The buyout of Atlantia will cut another 19 billion euros ($19.5 billion) from the value of th..

Exclusive: Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant – source

Exclusive: Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant – source

TAIPEI (Reuters) – Production of Apple Inc’s iPhones could slump by at least 30% at Foxconn’s factory in China’..

Malaysia’s new PM Anwar says first priority is cost of living

Malaysia’s new PM Anwar says first priority is cost of living

By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia’s newly appointed Prime Minister Anwar Ibrahim said on Friday his primary..

British nurses to stage first strikes on Dec. 15, 20

British nurses to stage first strikes on Dec. 15, 20

LONDON (Reuters) – Thousands of British nurses will go on strike on Dec. 15 and 20 for more pay, their union said on Friday, add..

UK motor and home insurers headed for heavy losses, EY warns

UK motor and home insurers headed for heavy losses, EY warns

(Reuters) – British motor and home insurers are set for significant losses in 2022 and 2023 due to inflationary pressures and lo..

Soccer-Ronaldo breaks record as Portugal up and running with Ghana win

Soccer-Ronaldo breaks record as Portugal up and running with Ghana win

By Toby Davis DOHA (Reuters) -Cristiano Ronaldo drew a line under a tumultuous tournament build-up as he wrote his name in the record ..

Soccer-Manchester United fans want more say under any new owners

Soccer-Manchester United fans want more say under any new owners

By Alan Baldwin (Reuters) -Manchester United needs new owners and fresh investment to halt years of decline and fans should be given a..

German regulator stays vigilant as Meta changes VR headset rules

German regulator stays vigilant as Meta changes VR headset rules

BERLIN (Reuters) – Facebook’s parent company Meta Platforms has responded to the German cartel office’s concerns by ..

Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility

Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility

PARIS (Reuters) – Orange, France’s biggest telecoms group, said on Wednesday it had signed an agreement for a sustainabili..

Factbox-U.S. offers new details on plan to cap Russian oil prices

Factbox-U.S. offers new details on plan to cap Russian oil prices

(Reuters) -New guidance issued by the U.S. Treasury adds more detail to a complex plan by the European Union, G7 nations and Australia..

New space observatory helps solve mystery involving enormous black holes

New space observatory helps solve mystery involving enormous black holes

By Will Dunham WASHINGTON (Reuters) – Most galaxies are built around humongous black holes. While many of these are comparativel..

Zoom shares down 90% from peak as pandemic boom fades

Zoom shares down 90% from peak as pandemic boom fades

By Aditya Soni and Chavi Mehta (Reuters) – Shares of Zoom Video Communications Inc have tumbled about 90% from their pandemic pe..

End of cheap money for U.S. farmers plows trouble into food production

End of cheap money for U.S. farmers plows trouble into food production

By P.J. Huffstutter and Bianca Flowers CHICAGO (Reuters) – Montana farmer Sarah Degn had big plans to invest the healthy profits..

UK businesses call for looser immigration rules to boost growth

UK businesses call for looser immigration rules to boost growth

LONDON (Reuters) – Britain should create a programme of temporary work visas to boost economic growth and also resolve a dispute..

Lufthansa launches drive to hire 20,000 employees

Lufthansa launches drive to hire 20,000 employees

BERLIN (Reuters) – Deutsche Lufthansa said it planned to hire 20,000 new employees as the German flagship airline launched a rec..

Virgin Money shares leap on higher profit, investor payouts

Virgin Money shares leap on higher profit, investor payouts

By Iain Withers LONDON (Reuters) -Shares in British lender Virgin Money leapt 16% on Monday after it reported a jump in full-year prof..

StanChart sees Asia, Middle East as bright spots in weak global economy

StanChart sees Asia, Middle East as bright spots in weak global economy

By Anshuman Daga SINGAPORE (Reuters) – Standard Chartered expects Asia and the Middle East to outperform other regions even as s..

Nestle’s Nespresso to sell paper-based compostable coffee pods

Nestle’s Nespresso to sell paper-based compostable coffee pods

ZURICH (Reuters) – Nestle’s Nespresso coffee business is launching paper-based compostable capsules to attract customers p..

Contract caterer Compass expects 2023 profit growth to top 20%

Contract caterer Compass expects 2023 profit growth to top 20%

(Reuters) – Contract caterer Compass Group on Monday forecast its profit growth to be more than 20% in 2023 and margins to be ab..

In a stadium of their own, migrant workers say their sweat made World Cup happen

In a stadium of their own, migrant workers say their sweat made World Cup happen

By Maya Gebeily and Charlotte Bruneau DOHA (Reuters) -Taking selfies from the stands and sitting on the grassy pitch, thousands of mig..

Oil prices ease to trade near 2-month lows on China demand fears, dollar strength

Oil prices ease to trade near 2-month lows on China demand fears, dollar strength

By Emily Chow SINGAPORE (Reuters) -Oil prices dropped to trade near two-month lows on Monday, having earlier slid by around $1 a barre..