UK housing market may face perfect storm as mortgage rates rise, house prices drop
By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a likely slowdown in economic gr..
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Britain’s market rout stokes contagion fears around the globe
By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – The scale and speed of the sell-off in British ..
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Chile authorities scour mountains for missing British astronomer
By Natalia A. Ramos Miranda SANTIAGO (Reuters) – Chile authorities on Wednesday were scouring an arid mountainous region of the ..
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Apple falls on fears of slowing iPhone 14 demand
By Medha Singh and Nivedita Balu (Reuters) -Apple Inc shares fell more than 4% on Wednesday after a report that the tech giant was dit..
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Lilium aims to build 400 air taxis a year, seek grants
PARIS (Reuters) – German air taxi developer Lilium Air Mobility plans to set up industrial capacity to make some 400 of its elec..
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What is known so far about the Nord Stream gas pipeline leaks
By Nina Chestney LONDON (Reuters) – Three unexplained gas leaks detected in the Nord Stream 1 and 2 pipelines from Russia to Ger..
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Bank of England statement on purchase of long-dated bonds
LONDON (Reuters) – The Bank of England said on Wednesday it would start a temporary programme of bond purchases to stabilise the..
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Boohoo says exposure to sterling plunge is limited – finance chief
LONDON (Reuters) – British online fashion retailer Boohoo said on Wednesday its exposure to the recent plunge in the value of th..
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Lego posts strong growth on robust demand, new store openings
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego on Wednesday posted double-digit sales growth in the first half of the ye..
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Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets
By Lucy Raitano and Andres Gonzalez LONDON (Reuters) – Porsche’s landmark listing is defying market turmoil giving a welco..
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Inflation weighs on consumer morale in euro zone’s big three economies
BERLIN (Reuters) -Consumer morale was down across the euro zone’s three largest economies as high inflation shows no sign of rel..
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Stocks hit two-year lows, sterling comes under fire
By Wayne Cole and Amanda Cooper LONDON/SYDNEY (Reuters) – World shares sank to two-year lows on Wednesday, hammered by spirallin..
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New coins, banknotes, stamps and cypher for Britain’s King Charles
LONDON (Reuters) – Britain will gradually see coins, banknotes and stamps bearing the image of King Charles, while the new monar..
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Ireland dips into budget surplus to ease cost of living squeeze
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) -Ireland dipped into one of Europe’s few budget surpluses to fund higher-..
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The Next Wave of Fintech is here
Much has been made of the ‘second generation’ fintech movement recently, but what have these businesses learned fr..
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Factbox-The challenges automakers, and now Tesla, face with humanoid robots
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s CEO Elon Musk is set to unveil its prototype humanoid robots at an event ..
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Iberdrola hires Barclays to sell stake in Spanish renewable portfolio, Expansion says
MADRID (Reuters) – Spanish power company Iberdrola hired Barclays’ investment bank to sell up to 49% in a portfolio of Spa..
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Unilever CEO set to leave after GSK debacle, arrival of activist investor
By Richa Naidu (Reuters) – Unilever said CEO Alan Jope would retire at the end of 2023, announcing the move less than a year aft..
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GSK picks Burberry’s Brown as first female CFO
By Amna Karimi and Pushkala Aripaka (Reuters) -GSK named luxury fashion brand Burberry’s Julie Brown as its first ever female ch..
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Exclusive-With eye on Big Tech, energy crisis, EU telcos call for shared network costs
By Foo Yun Chee BRUSSELS (Reuters) – Deutsche Telekom, Orange, Telefonica and 13 other European telecoms providers on Monday mad..
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Auto suppliers feel the green squeeze as carmakers get clean
By Nick Carey, Victoria Waldersee and Giulio Piovaccari TAMWORTH, England (Reuters) – The auto industry’s drive to a green..
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Sterling plunges to all-time low in scathing appraisal of fiscal plan
By Kevin Buckland TOKYO (Reuters) -Sterling tumbled nearly 5% to an all-time low on Monday as investors ran for the exits after the ne..
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New Zealand marks Queen Elizabeth’s passing on national day of mourning
SYDNEY (Reuters) – Prime Minister Jacinda Ardern led a state memorial service for Queen Elizabeth II on Monday, saying the Pacif..
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Japan bans chemical weapons-related goods to Russia, concerned by nuke threats
TOKYO (Reuters) – Japan has decided to ban exports of chemical weapons-related goods to Russia in an additional sanction against..
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Sterling collapses as investors fly into dollars
By Tom Westbrook SYDNEY (Reuters) – Sterling slumped to a record low on Monday, prompting speculation of an emergency response f..
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Factbox: Companies potentially affected by Italy’s election
(Reuters) – A right-wing alliance led by Giorgia Meloni’s Brothers of Italy party looks set to win a clear majority in the..
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UK home asking prices rise, tax cuts to spur demand: Rightmove
LONDON (Reuters) – Asking prices for British homes advertised rose solidly this month and last week’s cut to property purc..
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Italy’s right-wing parties seen winning power – exit polls
ROME (Reuters) – A right-wing alliance led by Giorgia Meloni’s Brothers of Italy party looks set to win a majority in the ..
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Euro zone likely entering recession as price rises hit demand -PMI
By Jonathan Cable LONDON (Reuters) – A downturn in business activity across the euro zone deepened in September, according to a ..
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Explainer-Rightist alliance set for Italian election victory
ROME (Reuters) – Italy votes in a national election on Sunday that could herald its most right-wing government since World War T..
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Four fifths of UK households saw disposable income fall in August, says Asda
LONDON (Reuters) – Four in five UK households saw their disposable income decrease in August compared to the same month last yea..
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Credit Suisse shares hit record low after report bank is looking to raise cash
LONDON (Reuters) – Credit Suisse shares dropped to a record low on Friday after a Reuters report said the company is looking to ..
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Societe Generale says two senior executives to leave bank
PARIS (Reuters) -Societe Generale, which is seeking a new chief executive, said on Friday two senior female executives would be steppi..
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Swiss bank UBP returns to Chinese markets
By Summer Zhen HONG KONG (Reuters) – Swiss private bank Union Bancaire Privée (UBP) is back in Chinese markets, its chief invest..
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Spain Q2 quarterly GDP growth revised to 1.5% from 1.1%
MADRID (Reuters) -Spanish GDP grew faster in the second quarter than originally estimated, compared with the prior quarter, reflecting..
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UK’s Made.com to cut jobs and launch strategic review
(Reuters) -British online furniture retailer Made.com said on Friday it would cut jobs, conduct a strategic review, including a formal..
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Growth will pay for UK government spending plans, minister says
LONDON (Reuters) – Economic growth will help to pay for Britain’s plans to maintain government spending while it cuts taxe..
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