Iceland sees string of volcanic eruptions
COPENHAGEN (Reuters) -Iceland’s Reykjanes peninsula has seen a string of volcanic eruptions since 2021 when geological sy..
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Extreme weather and geopolitics to send UK energy bills up 10%
By Catarina Demony and Radhika Anilkumar (Reuters) – British energy regulator Ofgem on Friday raised its price cap on hou..
News
HSBC looks to double UK wealth business as banks target ‘mass affluent’
By Lawrence White and Sinead Cruise LONDON (Reuters) – HSBC aims to double the assets under management in its British wea..
Finance
Nestle replaces CEO Schneider with company veteran Freixe
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) – Nestle is replacing CEO Mark Schneider with company veteran Laur..
Business
Oil set to end week lower on demand concerns, easing supply woes
By Shariq Khan (Reuters) – Oil prices were little changed on Friday, on track to end the week lower, as downward revision..
Business
Dollar rebounds against euro before Powell speech
By Karen Brettell NEW YORK (Reuters) -The dollar rebounded from a 13-month low against the euro on Thursday before Federal Rese..
Finance
European stocks rise on rate cut hopes, healthcare sector hits record high
By Ankika Biswas and Pranav Kashyap (Reuters) -Europe’s main stock index climbed on Thursday, with healthcare and retail ..
Finance
As Modi visits Poland, PM Tusk eyes stronger defence industry ties with India
By Anna Koper WARSAW (Reuters) – Poland wants to deepen its cooperation with India in the defence industry, Prime Ministe..
News
UK businesses report more growth momentum in August
By Andy Bruce (Reuters) -British business activity sped up this month and cost pressures were the weakest in over three years, accordi..
Business
Analysis-Euro, now a safer bet, emerges a winner from market turmoil
By Sruthi Shankar and Alun John (Reuters) -The euro is trading at its highest this year against the dollar, emerging as a clear winner..
Business
Bank of England to deliver one more rate cut this year, economists say: Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will cut interest rates just once more this year, in November, a..
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Wall Street muted as investors look to Fed after stocks recovery
By Lawrence Delevingne and Huw Jones (Reuters) -Global shares idled on Wednesday after a lengthy rebound propelled them towards recent..
Industries
Wall Street stocks, dollar subdued as Fed readies rate cuts
By Lawrence Delevingne (Reuters) -Stocks and the dollar remained subdued on Thursday after Federal Reserve minutes signalled U.S. inte..
Finance
UK factory orders fall again but by less than in July, CBI survey shows
UK factory orders fall again but by less than in July, CBI survey shows (Reuters) – British factory orders fell again this month..
Business
UK Bakers Urge Social Media Giants to Tackle Illegal Sales of Delivery Equipment Undermining Circular Economy and Recycling Efforts
The rise of online marketplaces has provided a platform for individuals to sell unused items, contributing to the circular..
Business
Miner Sibanye gets 500 million euros financing to complete Finland lithium project
(Reuters) – Sibanye Stillwater has secured a 500 million euros ($557.30 million) financing package to complete its Kelibe..
Finance
Siemens picks Toyota’s Vanderlande as buyer for logistics unit, sources say
MUNICH (Reuters) – Siemens has chosen Toyota’s Vanderlande as a buyer for its airport logistics unit Siemens Logist..
Business
Germany seizes almost 250,000 euros in cash in crypto ATM sting
Germany seizes almost 250,000 euros in cash in crypto ATM sting (This Aug. 20 story has been corrected to rectify the figure to 250,00..
News
Poland’s top lender PKO BP Q2 profit quadruples on core business, low provisions
GDANSK (Reuters) – Poland’s biggest bank PKO BP said on Thursday second-quarter net profit quadrupled year-on-year,..
News
Wall Street muted as investors look to Fed after stocks recovery
By Lawrence Delevingne and Huw Jones (Reuters) -Global shares idled on Wednesday after a lengthy rebound propelled them towards recent..
News
Sun and holidays boost UK supermarket spending but Asda struggles, says NIQ
By James Davey LONDON (Reuters) – Warm weather and household buying ahead of summer holidays accelerated sales growth at ..
News
Britain’s Waitrose to invest $1.3 billion in stores over three years
LONDON (Reuters) – British upmarket supermarket group Waitrose plans to invest 1 billion pounds ($1.30 billion) in new an..
News
Stock rebound wanes as investors await US job data, Fed
By Tom Westbrook SINGAPORE (Reuters) -Asian shares slipped on Wednesday as a stellar rebound in world stocks paused for breath,..
News
EV startup Rivian’s production chief joins Stellantis
By Abhirup Roy SAN FRANCISCO (Reuters) – Rivian’s head of manufacturing is leaving the electric vehicle startup to ..
News
UK employer pay awards soften in three months to July, Brightmine survey shows
(Reuters) – Pay awards granted by British employers fell during the three months to July, according to a survey on Wednes..
News
Morning Bid: Jobs in focus after the rebound
A look at the day ahead in European and global markets from Tom Westbrook Markets’ sparkling recovery from early August&#..
News
Dollar slumps ahead of payrolls revisions, Powell speech
By Karen Brettell NEW YORK (Reuters) – The dollar fell to its lowest level since January on Tuesday as investors awaited revisio..
News
Morning Bid: S&P 500 hunting cloud nine
A look at the day ahead in U.S. and global markets by Alun John, EMEA breaking news correspondent, finance and markets. It’s bee..
News
StanChart makes three executive changes in Europe, Asia transaction banking business
(Reuters) – Asia-focussed lender Standard Chartered (StanChart) announced three senior executive changes in its transacti..
News
Seven & i shares give up some gains after Couche-Tard bid
TOKYO (Reuters) -Shares of Japan’s Seven & i Holdings fell more than 7% in morning trade on Tuesday, giving up some o..
News
Europe’s Jupiter probe to stage daring lunar-Earth fly-by
Europe’s Jupiter probe to stage daring lunar-Earth fly-by By Tim Hepher PARIS (Reuters) -European scientists were poised to atte..
News
Morning Bid: Greenback in the red as Jackson Hole looms
A look at the day ahead in U.S. and global markets from Samuel Indyk The volatility that rocked markets in early August appears to be ..
News
Analysis-Package deals make a comeback as sun seekers count the cost
By Joanna Plucinska and Jon Nazca LONDON/MALAGA, Spain (Reuters) – Sun seekers are turning to package holidays in Europe as soar..
News
Oil prices fall on China demand fears, focus on Mideast talks
By Yuka Obayashi TOKYO (Reuters) – Oil prices eased in trading on Monday as fears of weaker demand in top oil importer Ch..
News
Thai Q2 GDP beats forecast, but policy uncertainty clouds outlook
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s economic expansion accelerated in the second q..
News
Yen jumps as bets for dovish Fed pressures dollar
By Rae Wee SINGAPORE (Reuters) -The U.S. dollar declined broadly on Monday and slipped sharply against the yen in particular as..
News
UK estate agents report more buyer interest after BoE rate cut
By David Milliken LONDON (Reuters) – British estate agents have seen a pick-up in demand from buyers since the Bank of England&#..
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