UK inflation to hit 18% in early 2023, Citi forecasts
By William Schomberg LONDON (Reuters) – British consumer price inflation is set to peak at 18% – nine times the Bank of En..
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French retailer Carrefour to freeze prices on 100 products to tackle inflation
PARIS (Reuters) -French supermarket retailer Carrefour is freezing prices on 100 everyday products from tinned sardines to rice and wa..
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Orban tightens hold over telco sector as Vodafone sells Hungarian unit
LONDON/BUDAPEST (Reuters) – Britain’s Vodafone will sell its Hungarian business for 715 billion forints ($1.8 billion) in ..
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China steps up easing, cuts lending benchmarks to revive faltering economy
By Winni Zhou and Brenda Goh SHANGHAI (Reuters) -China cut its benchmark lending rate and lowered the mortgage reference by a bigger m..
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Analysis-Meagre medicine cabinet leaves Sanofi unloved
By Ludwig Burger FRANKFURT (Reuters) – Sanofi’s recent stock rout underscores the pressure on the French drug maker to red..
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Asia shares slip, dollar strong as yuan weakens
By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday and the dollar extended its climb amid angst over global growth ..
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Oil falls on concerns economic slowdown may dent fuel demand
By Yuka Obayashi TOKYO (Reuters) – Oil prices fell on Monday, ending three days of gains, on fears aggressive U.S. interest rate..
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Australia’s Qantas apologises to customers for operational problems
SYDNEY (Reuters) -Qantas Airways Ltd will offer A$50 ($34) vouchers, loyalty status extensions and lounge passes to frequent flyers to..
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EU watchdog backs ESG ‘quality label’ for market benchmarks
LONDON (Reuters) – The European Union’s markets watchdog said on Friday that a ‘quality label’ for market benc..
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Soccer-Casemiro intent on joining Man United, Ancelotti says
By Fernando Kallas MADRID (Reuters) -Casemiro wants to leave Real Madrid in order to sign for Premier League side Manchester United, c..
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Strikes bring London’s transport network to a halt
LONDON (Reuters) -London’s transport network ground to a halt on Friday as train and bus workers held strikes over pay and condi..
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Cost-of-living crisis prompts ‘buy now, pay later’ warning from UK’s FCA
By Huw Jones LONDON (Reuters) -People responsible for misleading ‘buy now, pay later’ adverts could face two years in pris..
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Record jump in German producer prices adds to gloomy outlook
By Miranda Murray and Paul Carrel BERLIN (Reuters) -German producer prices jumped at the fastest pace on record in July, underscoring ..
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SAS cancels 1,700 flights due to pilot strike, late aircraft deliveries
STOCKHOLM (Reuters) – Scandinavian airline SAS has suspended 1,700 flights in the coming months due partly to a two-week pilot s..
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Soccer – Deep pockets needed to persuade Glazers to sell United
By Simon Evans MANCHESTER, England (Reuters) – British billionaire Jim Ratcliffe’s interest in buying Manchester United ha..
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Britain sets out roadmap for self driving vehicle usage by 2025
LONDON (Reuters) – Britain said on Friday it wanted a widespread rollout of self-driving vehicles on roads by 2025, announcing p..
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Online discounts boost struggling UK retailers in July
By David Milliken LONDON (Reuters) -British shoppers spent more than expected last month after being enticed by online shopping deals,..
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Euro zone current account swings back to a surplus in June
FRANKFURT (Reuters) – The euro zone’s current account swung back to a small surplus in June on an improvement in the trade..
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Take Five: Taking in the vistas from Jackson Hole
(Reuters) – Jackson Hole, Wyoming, is the focal point for markets in the coming week as investors zero in on the Federal Reserve..
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Samsung Elec breaks ground on new chip R&D centre, plans $15 billion investment by 2028
SEOUL (Reuters) – Samsung Electronics said on Friday it broke ground at a new semiconductor research and development (R&D) c..
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Bavarian Nordic signs up U.S. firm for packaging monkeypox vaccine
(Reuters) – Danish biotech firm Bavarian Nordic said on Thursday it has signed up a U.S.-based manufacturer to package its Jynne..
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Cricket-Fiery Stokes revives England but S Africa build good lead
LONDON (Reuters) – A fiery spell from captain Ben Stokes dragged England back into the match but South Africa remained the happi..
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Next year’s Geneva auto show cancelled -organisers
ZURICH (Reuters) – The Geneva International Motor Show scheduled to take place in February has been cancelled for the fourth yea..
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Record numbers resign in France as bargaining power balance shifts -labour ministry
By Myriam Rivet and Tassilo Hummel PARIS (Reuters) – More French employees than ever quit their jobs at the end of 2021 and star..
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Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports
By Elizabeth Howcroft LONDON (Reuters) -Tether, the world’s largest stablecoin, said on Thursday it had appointed accounting fir..
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German gas import costs surge 153% in first half as imports drop 24%
FRANKFURT (Reuters) – German natural gas import costs rose by 153% in the first six months of 2022 from a year earlier, even tho..
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Shares choppy, U.S. yields fall as investors digest Fed minutes
By Chibuike Oguh NEW YORK (Reuters) – Global equity markets were choppy and U.S. Treasury yields fell on Thursday, as uncertaint..
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Energy squeeze could see Berlin’s gaslights flicker out
By Thomas Escritt BERLIN (Reuters) – The night has a different colour in parts of Berlin where the streets are lit by gas: the l..
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German gas storage levy adds to energy consumers’ woes
By Vera Eckert BERLIN (Reuters) -A charge to fund gas imports into Germany to boost national stocks has been set at 0.59 euro per mega..
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German bond yields rise after Schnabel fuels inflation worries
By Stefano Rebaudo (Reuters) -German bond yields rose on Thursday after European Central Bank board member Isabel Schnabel fuelled inf..
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Explainer-Could Germany keep its nuclear plants running?
FRANKFURT (Reuters) – German utilities have said they may operate the country’s three remaining nuclear reactors beyond th..
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Dollar bounces as Fed seen keeping up aggressive rate hikes
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar index hit a three-week high on Thursday as investors reevaluated Wednesda..
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Asset managers on alert after ‘WhatsApp’ crackdown on banks
By Iain Withers and Sinead Cruise LONDON (Reuters) – Asset managers are tightening controls on personal communication tools such..
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Russia’s Ochakovo ups soft drink bottling capacity as Western rivals leave
MOSCOW (Reuters) – Russian drinks producer Ochakovo on Thursday said it had increased the annual bottling capacity of its CoolCo..
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Britain to receive rare LNG cargo from Australia, Oman
By Marwa Rashad LONDON (Reuters) -Britain is set to receive a rare shipment of liquefied natural gas (LNG) sourced from Australia and ..
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German heat pump bonanza test industry’s resilience in Russian gas crunch
By Thomas Escritt HOLZMINDEN, Germany (Reuters) – In a way, Stiebel Eltron has never had it so good. The heating manufacturer’s ..
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Bank of England sets out plans to sell $23 billion corporate bond stockpile
By David Milliken LONDON (Reuters) – The Bank of England set out plans on Thursday to auction off around 200 million pounds ($24..
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