British pensions step up multi-billion-pound asset fire sale as need for cash soars
By Tommy Wilkes and Carolyn Cohn LONDON (Reuters) – UK pension schemes are racing to raise hundreds of billions of pounds to sho..
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Germans told to unite over energy crisis amid EU divisions
By Rachel More and Paul Carrel BERLIN (Reuters) – Germany can weather a winter gas shortage caused by Russia’s war on Ukra..
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Stocks tumble globally on raft of economic, political worries
By Sinéad Carew and Dhara Ranasinghe LONDON/NEW YORK (Reuters) – MSCI’s global index of stocks hit its lowest level in alm..
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Sterling snaps four-day drop, but gilt-market havoc tempers gains
By Amanda Cooper LONDON (Reuters) -The pound snapped a four-day streak of losses on Tuesday in a volatile session, in which the Bank o..
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Stellantis aims to boost recycled material content in vehicles
MILAN (Reuters) -Stellantis will look to upgrade its medium-term target for the minimum percentage of recycled material in its vehicle..
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U.S. dollar drifts higher; yen heads toward level that prompted intervention
By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar edged higher in choppy trading on Tuesday, add..
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Damien Hirst burns artworks after collectors pick their NFTs instead
By Marie-Louise Gumuchian LONDON (Reuters) – Britain’s Damien Hirst started burning hundreds of his artworks on Tuesday af..
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Explainer-Why is Bank of England acting again? What next in the UK crisis?
LONDON (Reuters) – The Bank of England again sought to stem a sharp sell-off in Britain’s 2.1 trillion pound ($2.3 trillio..
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EU countries eye deal on more energy measures within weeks
By Kate Abnett BRUSSELS (Reuters) – European Union countries will seek a November deal on more emergency measures to tackle high..
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Factbox-European companies offer one-off bonuses, hike pay amid cost-of-living crisis
(Reuters) -Companies across Europe are offering one-off bonuses and are under pressure to increase pay to help staff with surging food..
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Portfolio Managers Need Better Technology to Transcend Information Overload
By Dean McIntyre, senior director of Portfolio Management Business Development, FactSet It’s time for investment technolog..
Technology
Banking crisis breakthroughs win Nobel economics prize for Bernanke, Diamond, Dybvig
By Simon Johnson and Johan Ahlander STOCKHOLM (Reuters) – A trio of U.S. economists including former Federal Reserve Chair Ben..
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Sterling slides as bets for aggressive U.S. tightening boost dollar
By Alun John LONDON (Reuters) -Sterling slid versus the dollar on Monday after Friday’s strong U.S. labour market data supported..
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Renault and Nissan in talks that could reshape autos alliance
By Gilles Guillaume and Satoshi Sugiyama PARIS/TOKYO (Reuters) -Renault and Nissan said on Monday they were in talks about the future ..
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Factbox-How Germany’s gas price brake is helping reeling industry
FRANKFURT (Reuters) – A German expert commission that has been charged with drawing up plans to ease the impact of high gas pric..
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Cash is king, could Cheque be right?
By Peter Thomas, Managing Director of DLRT, Part of the TALL Group of Companies. Our economy has taken some really tough h..
Finance
UK will not urge public to cut energy use, minister says
By Muvija M LONDON (Reuters) -Britain is not asking people to use less energy, climate minister Graham Stuart said on Friday, despite ..
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World food price index falls for sixth month in Sept -FAO
ROME (Reuters) – The United Nations food agency’s world price index fell for a sixth month in a row in September, receding..
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Chipmakers weigh on European shares; focus on U.S. jobs data
By Devik Jain (Reuters) -European shares slipped on Friday, led by semiconductor firms after weak earnings and forecasts from Samsung ..
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Exclusive-Indian car makers propose tax cut on imports in trade deal with Britain
By Aditi Shah and Aftab Ahmed NEW DELHI (Reuters) – Indian car makers have proposed cutting to 30% the tax rate on imported cars..
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Luxury yacht owned by sanctioned Russian oligarch docked in Hong Kong
By Tyrone Siu HONG KONG (Reuters) – A luxury yacht worth over half a billion U.S. dollars belonging to sanctioned Russian oligar..
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Swiss forex reserves down in September
(Reuters) – The Swiss National Bank’s foreign exchange reserves fell in September, data showed on Friday. The SNB held 807..
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UK pub operator Wetherspoon’s loss narrows despite higher costs
(Reuters) -British pub operator J D Wetherspoon’s annual loss narrowed from a year ago, even as the company battled soaring ener..
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Channel Tunnel operator GetLink joins other firms in pledging to save energy
PARIS (Reuters) – Getlink, the company which runs the Channel Tunnel, pledged on Friday measures to cut down on its use of energ..
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German retail sales dip more than forecast in August
BERLIN (Reuters) – German retail sales fell by a slightly more-than-forecast 1.3% in August compared to the previous month, data..
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Sri Lanka top court allows proceedings against former President Rajapaksa, others
COLOMBO (Reuters) – Sri Lanka’s top court has granted permission for proceedings against former President Gotabaya Rajapak..
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EU wants to know if Microsoft will block rivals after Activision deal
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are asking games developers whether Microsoft will be incentivised ..
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Explainer-Caps and corridors: how can Europe contain gas prices?
By Kate Abnett BRUSSELS (Reuters) – Leaders of European Union countries will debate whether and how to cap gas prices on Friday,..
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In Apple’s shadow, Google takes new route to face recognition on Pixel phones
By Paresh Dave (Reuters) – Facial recognition returned to the latest Google Pixel phones on Thursday after a short hiatus due to..
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IMF should issue new reserves to help countries tackle overlapping crises – groups
By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund should issue $650 billion in new emergency reserves to help its..
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Adidas puts partnership with Kanye West under review
FRANKFURT (Reuters) – German sporting goods maker Adidas on Thursday said it has put under review its business partnership with ..
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EU sees more work ahead to implement Russian oil price cap
By Gabriela Baczynska BRUSSELS (Reuters) -The European Union on Thursday gave a final approval to its eighth batch of sanctions agains..
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IMF’s Georgieva sees ‘darkening’ outlook for global economy, rising recession risks
By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund will next week downgrade its forecast for 2.9% global growth in..
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France’s Ernaux, who long scrutinised self, wins Nobel literature prize
By Justyna Pawlak, Simon Johnson and Elizabeth Pineau STOCKHOLM/PARIS (Reuters) -French author Annie Ernaux won the 2022 Nobel Prize i..
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Cash crunch for British funds puts regulators under pensions lens
By Huw Jones, Carolyn Cohn and Tommy Wilkes LONDON (Reuters) – A scramble for cash by Britain’s pension funds after last w..
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Citi expects global equities to rally 18% by end-2023
(Reuters) – Citigroup is expecting global equities to rise about 18% from now through the end of 2023, saying beaten down valuat..
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UK nurses begin biggest strike ballot in more than 100 years
LONDON (Reuters) -More than 300,000 members of Britain’s largest nursing union will begin voting on Thursday over a strike to de..
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