Murmurs of ‘sterling crisis’ no longer fanciful: Mike Dolan
By Mike Dolan LONDON (Reuters) – Even though fears of another “sterling crisis” have been wide of the mark for decad..
News
All Posts
Europe’s alternatives if Russia shuts off gas supply
(This September 2 story corrects to show Germany plans to build five LNG terminals not two) By Nina Chestney LONDON – The Nord S..
News
Finnair to cut costs, reduce fleet to return profitable
(Corrects to read Wednesday (not Monday), paragraph 1) HELSINKI (Reuters) – Finnair will reduce its fleet, cut costs and seek to..
Top Story
UK housing market keeps momentum but slowdown ahead: Halifax
LONDON (Reuters) -British house prices rose in August although a torrid economic outlook spells trouble for the housing market in the ..
News
EU, U.S. step up Russian aluminium, nickel imports since Ukraine war
By Eric Onstad LONDON (Reuters) -The European Union and United States have ramped up buying key industrial metals from Russia, data sh..
News
Analysis-Europe’s banks dim lights as they brace for winter blackout
By Sinead Cruise and Iain Withers LONDON (Reuters) – Some of Europe’s biggest banks are preparing back-up generators and t..
News
Britain’s Lloyds racks up $350 million of likely scam COVID loans
By Lawrence White and Iain Withers LONDON (Reuters) -Lloyds Banking Group has been hit by more than 300 million pounds ($348 million) ..
News
Low-carbon bitcoin? Crypto miners’ green power talk angers Texas locals
By Avi Asher -Schapiro CORSICANA, Texas (Thomson Reuters Foundation) – As temperatures crept above 100 degrees Fahrenheit (37.8C..
News
Factbox-Hurdles for Germany’s planned nuclear winter reserve
(Reuters) – Germany wants to keep two southern nuclear plants, Isar 2 and Neckarwestheim 2 open in reserve mode beyond their sch..
News
Volkswagen’s Antlitz: no comment on valuation of Porsche listing
BERLIN (Reuters) – Volkswagen Chief Financial Officer Arno Antlitz would not comment on what the valuation of a Porsche listing ..
Top Story
Norsk Hydro keeps some aluminium capacity offline due to weaker demand
OSLO (Reuters) – Norwegian aluminium maker Norsk Hydro is keeping a small portion of its capacity in Norway offline after mainte..
Top Story
Binance to convert users’ USD Coin into its own stablecoin
By Shivani Tanna and Elizabeth Howcroft (Reuters) -Binance, the world’s largest crypto exchange, said on Monday it will automati..
Top Story
Siemens Energy to rejoin Germany’s blue-chip DAX, HelloFresh to exit
FRANKFURT (Reuters) – Germany’s Siemens Energy will rejoin the nation’s premier DAX stock index, while the meal-kit ..
Top Story
Ireland fines Instagram a record $400 million over children’s data
Ireland fines Instagram a record $400 million over children’s dataDUBLIN (Reuters) -Ireland’s data privacy regulator has a..
Top Story
UniCredit sets out $8 billion aid package for Italy clients hit by surging prices
By Valentina Za MILAN (Reuters) -Italy’s second-biggest bank, UniCredit, on Monday unveiled a set of measures worth up to 8 bill..
News
Risk of UK balance of payments crisis under Truss is rising, Deutsche Bank warns
LONDON (Reuters) – The risk of a UK balance of payment crisis “should not be underestimated” under a Liz Truss gover..
Top Story
Germany heading for recession despite new relief plan – economists
BERLIN (Reuters) – Germany, Europe’s largest economy, is still on course for a recession even with a new government plan t..
Top Story
Saudi snitching app turns citizens into social media police
By Nazih Osseiran BEIRUT (Thomson Reuters Foundation) – A Saudi app that lets ordinary people “play the role of a police o..
Top Story
German new passenger car registrations up 3% in August – industry source
(Reuters) – German new passenger car registrations rose 3% in August to nearly 200,000 vehicles, an industry source said on Mond..
Top Story
Norway on track for record gas export, will be ready for winter -Gassco CEO
By Nora Buli STAVANGER, Norway (Reuters) – Norway’s gas export system is set to deliver record volumes of energy to Europe..
Top Story
Euro zone business activity contracted again in August -PMI
LONDON (Reuters) – Euro zone business activity contracted for a second month in August as demand sank, with customers wary of th..
Top Story
Yamal-Europe eastward gas flows resume as Nord Stream lays idle
(Reuters) -Eastbound natural gas flows via the Yamal-Europe pipeline to Poland from Germany resumed on Sunday, pipeline operator data ..
Top Story
TF1 to take action against Vivendi’s Canal+ over decision to stop airing its programmes
PARIS (Reuters) -French television group TF1 will take action against Vivendi’s pay TV unit Canal+ over a decision to no longer ..
Top Story
Myanmar junta chief makes another visit to Russia
(Reuters) – Myanmar’s junta leader was on a visit to Russia on Monday, his second trip there in less than two months, as M..
Top Story
Factbox-Government measures to ease inflation pain
(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine have c..
Top Story
Czech interest rates already at high level, central bank governor says
PRAGUE (Reuters) – Czech interest rates are already at a high level that is dampening domestic demand pressures, central bank Go..
Top Story
Evergrande winding-up lawsuit in Hong Kong adjourned to Nov 7
HONG KONG (Reuters) – Hong Kong’s High Court approved on Monday an application by China Evergrande Group and its major off..
Top Story
JPMorgan readies overseas retail expansion with German hiring spree
By Marta Orosz and Tom Sims FRANKFURT (Reuters) – JPMorgan plans to hire a team of retail bankers in Germany as the biggest U.S...
Top Story
Analysis-Nickel meltdown puts spotlight on LME’s search powers
By Pratima Desai LONDON (Reuters) – Stung by an epic crisis in nickel trading, the London Metal Exchange is ushering in new rule..
Top Story
Asia shares ease, euro slugged by energy crisis
By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday while the euro took a fresh spill after Russia shut a major gas ..
Top Story
Soccer-Rashford, Antony score as Man United end Arsenal’s 100% start
By Simon Evans MANCHESTER, England (Reuters) -Marcus Rashford struck twice as Manchester United made it four wins in a row and ended A..
Top Story
Belgian motorists beat fuel inflation with cross-border trips to France
HALLUIN, France (Reuters) – French government support for gasoline prices has led to long queues of cars from Belgium queuing at..
News
Incoming Starbucks boss to bring consumer insight to coffee culture
By Richa Naidu LONDON (Reuters) -Laxman Narasimhan may have no experience of running coffee shops, but the outgoing CEO of British pac..
News
European shares end five-day losing streak, still down for the week
By Anisha Sircar and Shreyashi Sanyal (Reuters) – European stocks rose 2% on Friday, clocking gains for the first time in six da..
Top Story
British port workers plan two-week strike from Sept. 19
LONDON (Reuters) -More than 560 dockworkers at the Port of Liverpool, one of Britain’s largest container docks, will go on strik..
Top Story
MIDLANDS’ OLDER GENERATION SPLURGE ON FINANCIAL GIFTS TO HELP LOVED ONES
Several in their golden years are not prepared for inheritance tax As the cost of living continues to rise, over-50s in the Midlands ..
Top Story
G7 finance chiefs agree on Russian oil price cap but level not yet set
By David Lawder and Christian Kraemer (Reuters) -Group of Seven finance ministers agreed on Friday to impose a price cap on Russian oi..
Top Story