BoE’s Pill says UK must accept income hit from high inflation
By William Schomberg and David Milliken LONDON (Reuters) – People and businesses in Britain need to realise they are unlikely to..
NEWS
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Swiss press freedom dealt blow in bid for overhaul of bank secrecy rules
By Brenna Hughes Neghaiwi ZURICH (Reuters) -Lawmakers blocked a bid to overhaul strict Swiss banking secrecy rules on Friday in a blow..
BANKING
Pent-up demand prompts European travel recovery as COVID curbs ease
By Paul Sandle and Tim Hepher LONDON/DUBLIN (Reuters) – European airlines and hotel chains are seeing bookings recover to levels..
NEWS
UK’s Prince Harry and wife Meghan will attend celebrations for Queen Elizabeth
LONDON (Reuters) – Prince Harry and his wife Meghan will attend celebrations to mark his grandmother Queen Elizabeth’s 70 ..
NEWS
Queen to attend UK Jubilee celebrations, but snubs for Andrew and Harry
By Michael Holden LONDON (Reuters) -Queen Elizabeth plans to attend major celebrations to mark her 70 years on the British throne next..
NEWS
Putin to send ‘doomsday’ warning to West at Russia’s WW2 victory parade
By Guy Faulconbridge LONDON (Reuters) – President Vladimir Putin will send a “doomsday” warning to the West when he ..
NEWS
Zelenskiy calls on German chancellor to visit Ukraine on May 9
LONDON (Reuters) – Ukrainian President Volodymyr Zelenskiy called on German Chancellor Olaf Scholz on Friday to take a “po..
NEWS
Star architect Foster to help plan Ukraine reconstruction
GENEVA (Reuters) – Renowned British architect Norman Foster will help plan Ukraine’s reconstruction from the devastation c..
NEWS
As Beijing battles outbreak, China warns ‘zero COVID’ doubters
By Eduardo Baptista and David Stanway BEIJING/SHANGHAI (Reuters) -Beijing residents fretted on Friday over tightening COVID curbs in i..
NEWS
Europe sees travel recovery as COVID restrictions ease
By Paul Sandle and Tim Hepher LONDON/DUBLIN (Reuters) – European airlines and hotel chains are seeing bookings recover to levels..
NEWS
Rouble weakens sharply from over 2-year high vs euro before long weekend
(Reuters) -The Russian rouble dropped sharply on Friday, pulling back from a more than two-year high against the euro as the spectre o..
TRADING
U.S. rate outlook hits stocks, propels dollar to 20-year highs
By Carolyn Cohn LONDON (Reuters) – U.S. stock futures were indicating a lower open on Friday following a slide in the previous s..
INVESTING
Struggling British pig industry calls for Tesco to step-up
LONDON (Reuters) – The trade body for Britain’s pig industry on Thursday told Tesco, the country’s biggest supermarket gro..
NEWS
Amber Heard says Johnny Depp became violent when jealous
By Lisa Richwine LOS ANGELES (Reuters) – “Aquaman” actor Amber Heard testified for a second day on Thursday in the w..
NEWS
Fighting traps civilians in Ukraine plant as Putin urges defenders to disarm
By Alessandra Prentice and Natalia Zinets ZAPORIZHZHIA, Ukraine (Reuters) – Scores of Ukrainian civilians including women and ch..
NEWS
Stocks tumble on inflation fears, Treasury yields jump
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – U.S. Treasury yields rose and a gauge of global equity markets slumpe..
INVESTING
Greece to set cap on electricity prices to relieve consumers- PM
ATHENS (Reuters) -The Greek government will set a ceiling on wholesale electricity prices to help consumers and businesses cope with t..
NEWS
Rising oil prices buy Iran time in nuclear talks, officials say
By Parisa Hafezi DUBAI (Reuters) -Emboldened by an oil price surge since Russia invaded Ukraine, Iran’s clerical rulers are in n..
NEWS
Volkswagen boosts electric car investment in Spain to 10 billion euros
By Emma Pinedo SAGUNTO, Spain (Reuters) -German carmaker Volkswagen AG and partners will invest 10 billion euros ($10.6 billion) to ma..
NEWS
Stellantis won’t race to split electric vehicles from fossil fuel cars
By Giulio Piovaccari MILAN (Reuters) – Stellantis is not considering splitting its electric vehicle (EV) business from its legac..
NEWS
BoE flags risk of recession and 10% inflation as it raises rates again
By David Milliken, William Schomberg and Andy Bruce LONDON (Reuters) -The Bank of England sent a stark warning that Britain risks a do..
FINANCE
EU regulator hopes to approve COVID variant-adapted vaccines by autumn
(Reuters) – The European Union’s drug regulator said on Thursday it hoped to have vaccines adapted to address coronavirus ..
NEWS
Beijing nervously returns to work as China doubles down on ‘zero-COVID’ policy
By Eduardo Baptista and Andrew Galbraith BEIJING/SHANGHAI (Reuters) -Beijing residents tentatively returned to work on Thursday after ..
NEWS
COVID took 15 million lives globally, not the 5 million reported – WHO
By Jennifer Rigby (Reuters) -Almost three times as many people have died as a result of COVID-19 as official data show, according to a..
NEWS
Explainer-What would be the impact of Russian oil sanctions in Europe?
LONDON (Reuters) – The European Union has proposed a phased embargo of Russian oil, tightening its sanctions on Moscow for its i..
NEWS
Markets mostly quiet ahead of Fed decision, crude jumps
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) -U.S. and European equities mostly wavered on Wednesday while Treasury yields ..
NEWS
Climate activists take aim at Barclays, StanChart shareholder meetings
By Lawrence White and Iain Withers LONDON/MANCHESTER (Reuters) -Climate activists and other disgruntled investors glued themselves to ..
NEWS
What Is The Value of Using an Annuity?
Setting up — and monitoring — your retirement portfolio is key to ensuring that you have enough money to retire when it comes time. Yo..
FINANCE
Dollar slips before expected Fed rate hike
By Karen Brettell NEW YORK (Reuters) – The dollar fell against a basket of currencies on Wednesday ahead of the outcome of a Fed..
TRADING
Analysis-Consumer boom nearly over as Central Europe heads into “decade of peril”
By Gergely Szakacs, Alan Charlish and Jason Hovet VELENCE, Hungary/WARSAW/PRAGUE (Reuters) – War may be raging on their doorstep..
NEWS
India’s $2.7 billion LIC IPO subscribed 67% on first day
By Nupur Anand and Chris Thomas MUMBAI (Reuters) -Life Insurance Corp’s (LIC) $2.7 billion IPO, India’s largest public iss..
INVESTING
Oil jumps 4% as EU proposes ban on Russian oil
By Ahmad Ghaddar LONDON (Reuters) -Oil prices jumped on Wednesday as the European Union, the world’s largest trading bloc, spell..
INVESTING
Just Eat Takeaway faces shareholder backlash over dealmaking
(Reuters) – Just Eat Takeaway.com NV board was under fire on Wednesday from investors at its AGM who criticised its dealmaking a..
INVESTING
BUSINESS
Volkswagen sticks to outlook as size offset supply chain woes
Volkswagen sticks to outlook as size offset supply chain woes
By Christoph Steitz and Jan Schwartz FRANKFURT (Reuters) -Volkswagen, Europe’s top carmaker, on Wednesday stuck to its outlook for 2022, shruggi..
BUSINESS
Integrated Finance: the advantages of using financial-infrastructure-as-a-service
Alistair Cotton, Co-founder at Integrated Finance By Alistair Cotton, Co-founder at Integrated Finance Today’s FinTech lan..
TECHNOLOGY
Stocks rise, U.S. yields slip as markets await Fed rate hike
By Herbert Lash and Danilo Masoni NEW YORK/MILAN (Reuters) -A gauge of global equity markets edged higher on Tuesday while 10-year U.S..
INVESTING
Russia unleashes rockets after Mariupol ceasefire, EU eyes oil sanctions
By Joseph Campbell and Tom Balmforth ZAPORIZHZHIA, Ukraine (Reuters) -Russia launched an assault on the encircled Azovstal steel works..
NEWS