Explainer-Why are British lender Metro Bank’s shares plunging?
Explainer-Why are British lender Metro Bank’s shares plunging? By Lawrence White LONDON (Reuters) – Mid-sized British lend..
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Oil prices fall again; demand worries outweigh tight supply
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell about 2% on Thursday, extending the previous session’s nearly 6% losse..
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UK to examine Amazon and Microsoft’s cloud dominance
UK to examine Amazon and Microsoft’s cloud dominance By Paul Sandle and Yadarisa Shabong LONDON (Reuters) -Britain’s media..
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Analysis-When, not if, Europe copies Wall Street share trading reform
Analysis-When, not if, Europe copies Wall Street share trading reform By Huw Jones LONDON (Reuters) – The European Union, Britai..
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Citigroup outlines layoff process, reassignments as overhaul takes shape
Citigroup outlines layoff process, reassignments as overhaul takes shape By Lananh Nguyen, Saeed Azhar and Tatiana Bautzer NEW YORK (R..
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Dollar, stocks slip amid still tight U.S. labor market
Dollar, stocks slip amid still tight U.S. labor market By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -The dollar ea..
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Greedy beast’ of inflation not yet defeated, Bundesbank chief says
FRANKFURT (Reuters) – Euro zone inflation is falling but the fight is not yet won and the high rate of underlying price growth r..
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Pound dips after weak UK construction data, BoE survey
Pound dips after weak UK construction data, BoE survey By Samuel Indy LONDON (Reuters) – The British pound dipped against..
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Alstom cash flow warning wipes $3 billion off train maker’s value
Alstom cash flow warning wipes $3 billion off train maker’s value (Reuters) -Alstom’s shares plunged by as much as 38% in ..
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Jewellery retailer Pandora raises growth targets, shares jump
Jewellery retailer Pandora raises growth targets, shares jump By Helen Reid LONDON (Reuters) -Jewellery retailer Pandora raised its gr..
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Novo Nordisk’s Wegovy bonanza looms large in Denmark
By Maggie Fick COPENHAGEN (Reuters) – The whirlwind success of weight-loss treatment Wegovy is providing a bonanza not just for ..
Uncategorized
Birkenstock the latest shoe IPO to drop in a tough market
Birkenstock the latest shoe IPO to drop in a tough market By Ananya Mariam Rajesh and Helen Reid (Reuters) – Sandal company Birk..
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UK new car sales rise about 20% in September, says industry body SMMT
UK new car sales rise about 20% in September, says industry body SMMT (Reuters) – New car sales in Britain rose roughly 20% in S..
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UK PM Sunak offers billions for new links after scrapping HS2 northern leg
UK PM Sunak offers billions for new links after scrapping HS2 northern leg By Alistair Smout and Sarah Young MANCHESTER (Reuters) R..
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Europe could become energy self-sufficient in $2 trillion push – study
Europe could become energy self-sufficient in $2 trillion push – study FRANKFURT (Reuters) – Europe could wean itself off ..
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World’s biggest bond markets steady after heavy selloff
World’s biggest bond markets steady after heavy selloff By Alun John and Naomi Rovnick LONDON (Reuters) -A broad selloff in worl..
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UK business downturn eases after inflation data, BoE pause – PMI
LONDON (Reuters) – British services companies suffered a less severe downturn in September than first feared, reflecting a surp..
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Euro zone economy likely contracted in Q3 amid waning demand
Euro zone economy likely contracted in Q3 amid waning demand By Jonathan Cable LONDON (Reuters) – The euro zone economy probably..
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Xsolla Powers Web Shop Launches For 40 Of The Top 100 Mobile Games
Xsolla Powers Web Shop Launches For 40 Of The Top 100 Mobile Games Xsolla, a global video game commerce company, shares insights that ..
TECHNOLOGY
Global bond rout deepens before receding on relief rally
Global bond rout deepens before receding on relief rally By Herbert Lash and Tom Wilson NEW YORK/LONDON (Reuters) -A rout in governmen..
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Mastering the Art of Life Settlements: Inside AIR Asset Management’s Success Story
Mastering the Art of Life Settlements: Inside AIR Asset Management’s Success Story In modern finance, one sector that has been quietly..
FINANCE
ECB’s Centeno says rate cycle likely completed, inflation retreating
LISBON (Reuters) -The cycle of interest rate hikes by the European Central Bank has likely come to an end as inflation across the euro..
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Factbox-Italy feels health sector pinch as Europe struggles post COVID-19
ROME (Reuters) – Italy’s government has warned that a shortage of doctors and nurses in the national health service repres..
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Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year
Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year BRUSSELS (Reuters) – Euro zone producer pr..
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Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock
Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp chos..
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Central bank test lab develops global bitcoin mapping system
Central bank test lab develops global bitcoin mapping system By Marc Jones LONDON (Reuters) – A global central bank test lab has..
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FBS Unveils Best Day Trading Strategies for 2023
FBS Unveils Best Day Trading Strategies for 2023 Kuala Lumpur, Malaysia, October 3rd, 2023, FinanceWire FBS, a leading global trading ..
TRADING
Russian car sales jump in September as Chinese brands expand market share
Russian car sales jump in September as Chinese brands expand market share (Reuters) – Car sales in Russia jumped by 148.6% year-..
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Sanofi to co-develop Teva Pharmaceutical’s Colitis, Crohn’s drug
Sanofi to co-develop Teva Pharmaceutical’s Colitis, Crohn’s drug By Steven Scheer JERUSALEM (Reuters) – Teva Pharmac..
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Britain’s SSE sees weaker half-year profit on subdued renewables output
Britain’s SSE sees weaker half-year profit on subdued renewables output (Reuters) -British power generator and network operator ..
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Britain’s Tesco upgrades outlook as inflation eases
LONDON (Reuters) -Tesco, Britain’s biggest supermarket, upgraded its annual profit guidance on Wednesday as food inflation eased..
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Spotify Premium to include free access to audiobooks in UK, Australia
Spotify Premium to include free access to audiobooks in UK, Australia (Reuters) – Spotify said on Tuesday that users of its prem..
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UK’s Petrofac gets over $600 million carbon capture contract from ADNOC Gas
UK’s Petrofac gets over $600 million carbon capture contract from ADNOC Gas (Reuters) -UK oil services firm Petrofac said on Tue..
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Banks behind 70% jump in greenwashing incidents in 2023 -report
LONDON (Reuters) – The number of instances of greenwashing by banks and financial services companies around the world rose 70% i..
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Countries pledge to raise $12 billion to fund coral reef protection
Countries pledge to raise $12 billion to fund coral reef protection By David Stanway SINGAPORE (Reuters) – An alliance of nation..
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UK’s Greggs shows resilience with quarterly sales rise
UK’s Greggs shows resilience with quarterly sales rise LONDON (Reuters) -British baker and fast food chain Greggs kept its full-..
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Rouble recovers slightly after slide past 100 vs dollar
(Reuters) -The Russian rouble weakened past the symbolic threshold of 100 to the dollar before recovering slightly in early trade on T..
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