NEWS

James Cleverly to remain UK foreign minister – statement

James Cleverly to remain UK foreign minister – statement

LONDON (Reuters) – James Cleverly has been re-appointed as Britain’s foreign minister, Prime Minister Rishi Sunak’s ..

New PM Rishi Sunak pledges to lead Britain out of economic crisis

New PM Rishi Sunak pledges to lead Britain out of economic crisis

By Kate Holton, Elizabeth Piper and Alistair Smout LONDON (Reuters) -Rishi Sunak became Britain’s third prime minister in two mo..

Factbox-UK PM Rishi Sunak’s new team of ministers

Factbox-UK PM Rishi Sunak’s new team of ministers

LONDON (Reuters) – British Prime Minister Rishi Sunak on Tuesday appointed key ministers to his government after replacing Liz T..

Factbox-What is Rishi Sunak’s solution to Britain’s problems?

Factbox-What is Rishi Sunak’s solution to Britain’s problems?

LONDON (Reuters) – Since entering the contest to be British prime minister, frontrunner Rishi Sunak has said little publicly abo..

Rishi Sunak declared next leader of UK Conservative Party, to become next PM

Rishi Sunak declared next leader of UK Conservative Party, to become next PM

LONDON (Reuters) – Rishi Sunak was declared the next leader of Britain’s Conservative Party by the head of the 1922 Commit..

EU countries seek common stance on climate compensation for COP27

EU countries seek common stance on climate compensation for COP27

By Kate Abnett and Bart H. Meijer BRUSSELS (Reuters) -Ministers from European Union countries will attempt on Monday to agree their ne..

China’s Xi clinches third term, packs leadership with loyalists

China’s Xi clinches third term, packs leadership with loyalists

By Yew Lun Tian and Tony Munroe BEIJING (Reuters) -China’s Xi Jinping secured a precedent-breaking third leadership term on Sund..

Poland’s Bank Millennium third-quarter results hit by payment holidays

Poland’s Bank Millennium third-quarter results hit by payment holidays

WARSAW (Reuters) -Bank Millennium, part of Portuguese banking group Millennium bcp, on Monday reported a third-quarter net loss of 1.0..

Euro zone October PMI adds to evidence bloc is heading for recession

Euro zone October PMI adds to evidence bloc is heading for recession

By Jonathan Cable LONDON (Reuters) -The euro zone is likely entering a recession with business activity contracting at the fastest pac..

Liz Truss resigns after six weeks as UK prime minister

Liz Truss resigns after six weeks as UK prime minister

(Refiles as UPDATE 7, not 6, text unchanged) By Elizabeth Piper, Andrew MacAskill and Muvija M LONDON (Reuters) – Liz Truss said..

Marketmind: Reality check

Marketmind: Reality check

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever If investors needed a reminder that t..

Digital ad market shows ‘signs of life’ but economy clouds 2023 outlook

Digital ad market shows ‘signs of life’ but economy clouds 2023 outlook

By Sheila Dang and Katie Paul (Reuters) – When Snap Inc kicks off the third-quarter earnings season for tech and social media co..

BMW invests $1.7 billion to build electric vehicles in U.S

BMW invests $1.7 billion to build electric vehicles in U.S

By David Shepardson SPARTANBURG, South Carolina (Reuters) -BMW AG said on Wednesday it will invest $1.7 billion to build electric vehi..

Nestle sales soar as price rises drive growth

Nestle sales soar as price rises drive growth

By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -Nestle posted its strongest nine-month sales growth in 14 years on Wednesday a..

Tesla investors to focus on demand issues in earnings report

Tesla investors to focus on demand issues in earnings report

(Reuters) -Tesla Inc’s quarterly report on Wednesday will likely show whether the Elon Musk-led electric-vehicle maker is facing..

Italy’s Brembo sets up venture capital arm to invest in tech startups

Italy’s Brembo sets up venture capital arm to invest in tech startups

MILAN (Reuters) – Premium brakes maker Brembo said on Wednesday it had set up an internal venture capital unit, called Brembo Ve..

Irish central bank eases strict mortgage-lending limits

Irish central bank eases strict mortgage-lending limits

By Conor Humphries DUBLIN (Reuters) -Ireland’s central bank is to ease mortgage-lending limits to allow first-time property buye..

Australia to investigate reports pilots trained Chinese military – minister

Australia to investigate reports pilots trained Chinese military – minister

By Kirsty Needham, Jamie Freed and Lucy Craymer SYDNEY/WELLINGTON (Reuters) -Australia’s defence minister said its military was ..

China lodges representations over alleged harassment at Manchester consulate

China lodges representations over alleged harassment at Manchester consulate

BEIJING (Reuters) – China’s foreign ministry, responding to a question about clashes between Hong Kong protesters and the ..

Just Eat delivers Q3 profit as cost cuts outweigh lower order volumes

Just Eat delivers Q3 profit as cost cuts outweigh lower order volumes

By Diana Mandia and Dagmarah Mackos (Reuters) -Just Eat Takeaway.com, Europe’s largest meal delivery company, said on Wednesday ..

NEWS

ECB to go big again on Oct. 27 with 75 bps rate hike: Reuters poll

ECB to go big again on Oct. 27 with 75 bps rate hike: Reuters poll

By Jonathan Cable LONDON (Reuters) – The European Central Bank will go for another jumbo 75 basis point increase to its deposit and refinancing ..

OutThink raises $10 million to tackle human errors behind data breaches

OutThink raises $10 million to tackle human errors behind data breaches

By Juliette Portala (Reuters) – London-based cybersecurity company OutThink has raised $10 million in early-stage investments ba..

UK regulator’s head of enforcement to step down in 2023

UK regulator’s head of enforcement to step down in 2023

By Kirstin Ridley and Carolyn Cohn LONDON (Reuters) -Mark Steward, head of enforcement at Britain’s Financial Conduct Authority ..

Oracle Cloud adding tens of thousands of Nvidia chips for AI 

Oracle Cloud adding tens of thousands of Nvidia chips for AI 

By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Oracle Corp and Nvidia Corp on Tuesday announced they are expanding their partner..

Holcim supports resolution with U.S. regarding legacy operations in Syria

Holcim supports resolution with U.S. regarding legacy operations in Syria

ZURICH (Reuters) – Holcim said it supported the agreement made by Lafarge SA with the United States Department of Justice on Tue..

Tesla tops battery-electric vehicle registrations in Germany, beating Volkswagen

Tesla tops battery-electric vehicle registrations in Germany, beating Volkswagen

BERLIN (Reuters) – Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at n..

Factbox-Strikes, protests in Europe over cost of living and pay

Factbox-Strikes, protests in Europe over cost of living and pay

(Reuters) – European countries are facing more strikes and protests due to high energy prices and mounting costs of living. Here..

Analysis-UK crisis forces ‘off kilter’ businesses to halt investment

Analysis-UK crisis forces ‘off kilter’ businesses to halt investment

By Kate Holton and James Davey LONDON (Reuters) – British company owners are pulling investments as a crisis triggered in Westmi..

Britain’s political and market turmoil

Britain’s political and market turmoil

LONDON (Reuters) – Prime Minister Liz Truss has apologised for threatening Britain’s economic stability after she was forc..

Stellantis CEO calls for talks to soften EU’s 2035 fossil-fuel car ban

Stellantis CEO calls for talks to soften EU’s 2035 fossil-fuel car ban

By Gilles Guillaume PARIS (Reuters) – The European Union’s proposed 2035 ban on fossil-fuel cars should be renegotiated to..

Britain’s political and market turmoil

Britain’s political and market turmoil

LONDON (Reuters) – New finance minister Jeremy Hunt scrapped Prime Minister Liz Truss’s Sept. 23 mini-budget and scaled ba..

UK consumer industries warn curbing energy support will hit demand

UK consumer industries warn curbing energy support will hit demand

LONDON (Reuters) – The mood among Britain’s beleaguered retail and hospitality industries darkened on Monday on fears new ..

Britain’s financial system under stress amid market turmoil -analysts

Britain’s financial system under stress amid market turmoil -analysts

By Iain Withers and Lawrence White LONDON (Reuters) -Britain’s banks and financial firms face deepening stress from rising fundi..

Market turmoil a boon for trend-following hedge funds

Market turmoil a boon for trend-following hedge funds

By Nell Mackenzie (Reuters) – Trend-following hedge funds are capitalising on market disruption and geopolitical unrest, with fu..

Bank of England publishes rules for energy firms’ liquidity tool

Bank of England publishes rules for energy firms’ liquidity tool

LONDON (Reuters) – The Bank of England published on Monday the rules for energy firms seeking to use a new liquidity tool design..

UK finance minister Hunt to make statement at 1000 GMT – source

UK finance minister Hunt to make statement at 1000 GMT – source

LONDON (Reuters) – British finance minister Jeremy Hunt will make a statement at 1000 GMT, a source in Prime Minister Liz Truss&..

ITV shares jump on reports it could sell stake in production arm

ITV shares jump on reports it could sell stake in production arm

LONDON (Reuters) – Shares in ITV jumped 7% in early deals on Monday, lifted by a Financial Times report that it is considering s..