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..
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Britain’s political and market turmoil
LONDON (Reuters) – Prime Minister Liz Truss has apologised for threatening Britain’s economic stability after she was forc..
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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..
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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..
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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 ..
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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..
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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..
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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..
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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&..
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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..
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UK’s Hargreaves Lansdown CEO Hill to step down
By Sinchita Mitra (Reuters) -Hargreaves Lansdown said on Monday its Chief Executive Officer Chris Hill would step down after more than..
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How Britain’s pension scheme hedge became a trillion pound gamble
By Tommy Wilkes and Carolyn Cohn LONDON (Reuters) -It started out simply enough: British pension schemes were looking for a way to mat..
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Credit Agricole and CACEIS to buy RBC Investor Services’ Europe unit
PARIS (Reuters) – CACEIS, the asset servicing business owned by French bank Credit Agricole and Spanish bank Santander, has stru..
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Analysis-G7 fails to reach intervention deal to ease pain of soaring dollar
By Leika Kihara WASHINGTON (Reuters) – Japan and other countries facing the fallout from a soaring U.S. dollar found little comf..
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Euro zone bond yields fall as ECB policymaker flags recession risk, gilts eyed
By Stefano Rebaudo (Reuters) -Euro zone bond yields fell on Friday after a European Central Bank (ECB) policymaker flagged recession r..
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Royal Mail warns of thousands of job cuts as it slides into red
By Yadarisa Shabong (Reuters) -Royal Mail could cut up to 10,000 jobs and the loss-making business warned of more layoffs if planned s..
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Spain September final 12-month inflation revised down to 8.9%
MADRID (Reuters) – Spanish consumer prices rose 8.9% year-on-year in September, down from 10.5% in the period through August and..
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TomTom shares fall as 2023 uncertainties outweigh Q3 beat
By Federica Mileo and Augustin Turpin (Reuters) – Dutch navigation and digital mapping company TomTom on Friday cut its cash flo..
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German car industry baulks at supplier demands over energy hikes
By Victoria Waldersee WOLFSBURG, Germany (Reuters) – Germany’s giant carmakers may have secured their own energy supplies ..
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Athletics-Ujah will be considered for selection after doping ban – UK Athletics director
(Reuters) – UK Athletics technical director Stephen Maguire said Chijindu Ujah will be considered for selection after his 22-mon..
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Swiss National Bank makes another large draw on Fed swap line
(Reuters) – The Swiss National Bank this week drew nearly $6.3 billion from the U.S. Federal Reserve’s currency swap line ..
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Netflix ad-supported plan to launch in November at $7 a month
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Netflix Inc said on Thursday it will introduce a streaming plan with adve..
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EU, U.S. eye level playing field for EU electric cars in U.S. market
WASHINGTON (Reuters) -European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric ca..
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Italy’s Giorgetti gets Meloni’s backing to be economy minister
By Angelo Amante and Gavin Jones ROME (Reuters) -Giancarlo Giorgetti, a former industry minister and the deputy leader of the right-wi..
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Rosneft sues Berlin over takeover of its German unit
BERLIN (Reuters) – Russian state energy giant Rosneft has filed a complaint with a top court in Germany against the government f..
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European airlines see travel withstanding consumer squeeze for now
By Sarah Young and Klaus Lauer LONDON (Reuters) – British Airways-owner IAG, Europe’s biggest airline Ryanair and rival ea..
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Hot U.S. inflation data reignites global selloff
By Marc Jones LONDON (Reuters) – MSCI’s global stock index lurched to a July 2020 low and dollar and bond market borrowing..
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IKEA reports record sales as price hikes offset weakening consumer confidence
By Anna Ringstrom STOCKHOLM (Reuters) -Budget furniture giant IKEA reported record high annual sales on Thursday as price hikes and ea..
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Britain’s Ofgem to urge public to reduce energy usage – FT
(Reuters) – Britain’s energy regulator Ofgem will on Thursday urge consumers to reduce their energy usage “where pos..
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Holocaust survivor to oversee start of rightist Italian parliament
By Crispian Balmer ROME (Reuters) – Italy’s new parliament opens on Thursday, with a Holocaust survivor due to preside ove..
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Sentiment in UK finance falls at fastest pace since 2019, survey
LONDON (Reuters) – Britain needs to restore stability to its finances to help reverse the fastest drop in financial sector senti..
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Russian regulator says mobile operator MTS breached anti-monopoly laws
MOSCOW (Reuters) -Russia’s competition watchdog on Wednesday said leading telecoms company MTS violated anti-monopoly legislatio..
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Britain’s bond market turmoil
LONDON (Reuters) – British government borrowing costs hit a 20-year high on Wednesday after Bank of England Governor Andrew Bail..
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Analysis – Turbulent UK bond market may force BoE’s hand again
By Dhara Ranasinghe and Harry Robertson LONDON (Reuters) – Bank of England Governor Andrew Bailey has been unequivocal: the cent..
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EU seeks to break impasse over gas price caps, ‘no regret’ plan floated
By Kate Abnett and Robert Muller PRAGUE/BRUSSELS (Reuters) – The question of how, when and whether to cap gas prices loomed over..
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Austria plans to bring budget deficit within 3% of GDP next year
VIENNA (Reuters) – Austria plans to bring its budget deficit within the European Union’s limit of 3% of gross domestic pro..
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UK economy on brink of recession as it shrinks in August
By William Schomberg and Andy Bruce LONDON (Reuters) – Britain’s economy looks set to go into recession as data showed it ..
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