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Explainer-Why are British lender Metro Bank’s shares plunging?

Explainer-Why are British lender Metro Bank’s shares plunging?

By Lawrence White LONDON (Reuters) – Mid-sized British lender Metro Bank saw ..

Oil prices fall again; demand worries outweigh tight supply

Oil prices fall again; demand worries outweigh tight supply

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell about 2% on Thursday, ext..

UK to examine Amazon and Microsoft’s cloud dominance

UK to examine Amazon and Microsoft’s cloud dominance

By Paul Sandle and Yadarisa Shabong LONDON (Reuters) -Britain’s media regulat..

Analysis-When, not if, Europe copies Wall Street share trading reform

Analysis-When, not if, Europe copies Wall Street share trading reform

By Huw Jones LONDON (Reuters) – The European Union, Britain and Switzerland h..

Citigroup outlines layoff process, reassignments as overhaul takes shape

Citigroup outlines layoff process, reassignments as overhaul takes shape

NEW YORK (Reuters) -Citigroup managers are reviewing staff rosters to determine by N..

Dollar, stocks slip amid still tight U.S. labor market

Dollar, stocks slip amid still tight U.S. labor market

NEW YORK/LONDON (Reuters) -The dollar eased and a gauge of global equities slipped o..

Greedy beast’ of inflation not yet defeated, Bundesbank chief says

Greedy beast’ of inflation not yet defeated, Bundesbank chief says

FRANKFURT (Reuters) – Euro zone inflation is falling but the fight is not yet ..

Pound dips after weak UK construction data, BoE survey

Pound dips after weak UK construction data, BoE survey

LONDON (Reuters) – The British pound dipped against the U.S. dollar and the eu..

Alstom cash flow warning wipes $3 billion off train maker’s value

Alstom cash flow warning wipes $3 billion off train maker’s value

(Reuters) -Alstom’s shares plunged by as much as 38% in Paris on Thursday afte..

Jewellery retailer Pandora raises growth targets, shares jump

Jewellery retailer Pandora raises growth targets, shares jump

LONDON (Reuters) -Jewellery retailer Pandora raised its growth targets on Thursday, ..

Novo Nordisk’s Wegovy bonanza looms large in Denmark

Novo Nordisk’s Wegovy bonanza looms large in Denmark

COPENHAGEN (Reuters) – The whirlwind success of weight-loss treatment Wegovy i..

Birkenstock the latest shoe IPO to drop in a tough market

Birkenstock the latest shoe IPO to drop in a tough market

(Reuters) – Sandal company Birkenstock needs to sell more clogs and boots and ..

UK new car sales rise about 20% in September, says industry body SMMT

UK new car sales rise about 20% in September, says industry body SMMT

(Reuters) – New car sales in Britain rose roughly 20% in September from a yea..

UK PM Sunak offers billions for new links after scrapping HS2 northern leg

UK PM Sunak offers billions for new links after scrapping HS2 northern leg

MANCHESTER (Reuters) – British Prime Minister Rishi Sunak cancelled the northe..

Europe could become energy self-sufficient in $2 trillion push – study

Europe could become energy self-sufficient in $2 trillion push – study

FRANKFURT (Reuters) – Europe could wean itself off fossil fuels and create a s..

World’s biggest bond markets steady after heavy selloff

World’s biggest bond markets steady after heavy selloff

LONDON (Reuters) -A broad selloff in world government bonds on Wednesday drove up U...

UK business downturn eases after inflation data, BoE pause – PMI

UK business downturn eases after inflation data, BoE pause – PMI

LONDON (Reuters) – British services companies suffered a less severe downturn..

Euro zone economy likely contracted in Q3 amid waning demand

Euro zone economy likely contracted in Q3 amid waning demand

By Jonathan Cable LONDON (Reuters) – The euro zone economy probably shrank la..

Global bond rout deepens before receding on relief rally

Global bond rout deepens before receding on relief rally

By Herbert Lash and Tom Wilson NEW YORK/LONDON (Reuters) -A rout in government bond..

ECB’s Centeno says rate cycle likely completed, inflation retreating

ECB’s Centeno says rate cycle likely completed, inflation retreating

LISBON (Reuters) -The cycle of interest rate hikes by the European Central Bank has ..

Factbox-Italy feels health sector pinch as Europe struggles post COVID-19

Factbox-Italy feels health sector pinch as Europe struggles post COVID-19

ROME (Reuters) – Italy’s government has warned that a shortage of doctor..

Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year

Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year

BRUSSELS (Reuters) – Euro zone producer prices edged higher as expected month..

Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock

Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock

HOUSTON (Reuters) – Exxon Mobil Corp chose BlackRock as the potential buyer fo..

Central bank test lab develops global bitcoin mapping system

Central bank test lab develops global bitcoin mapping system

By Marc Jones LONDON (Reuters) – A global central bank test lab has designed ..

Russian car sales jump in September as Chinese brands expand market share

Russian car sales jump in September as Chinese brands expand market share

(Reuters) – Car sales in Russia jumped by 148.6% year-on-year in September, c..

Sanofi to co-develop Teva Pharmaceutical’s Colitis, Crohn’s drug

Sanofi to co-develop Teva Pharmaceutical’s Colitis, Crohn’s drug

By Steven Scheer JERUSALEM (Reuters) – Teva Pharmaceutical Industries said on..

Britain’s SSE sees weaker half-year profit on subdued renewables output

Britain’s SSE sees weaker half-year profit on subdued renewables output

(Reuters) -British power generator and network operator SSE Plc on Wednesday said it..

Britain’s Tesco upgrades outlook as inflation eases

Britain’s Tesco upgrades outlook as inflation eases

LONDON (Reuters) -Tesco, Britain’s biggest supermarket, upgraded its annual pr..

Spotify Premium to include free access to audiobooks in UK, Australia

Spotify Premium to include free access to audiobooks in UK, Australia

(Reuters) – Spotify said on Tuesday that users of its premium services in the..

UK’s Petrofac gets over $600 million carbon capture contract from ADNOC Gas

UK’s Petrofac gets over $600 million carbon capture contract from ADNOC Gas

(Reuters) -UK oil services firm Petrofac said on Tuesday it got a more than $600 mil..

Banks behind 70% jump in greenwashing incidents in 2023 -report

Banks behind 70% jump in greenwashing incidents in 2023 -report

LONDON (Reuters) – The number of instances of greenwashing by banks and finan..

Countries pledge to raise $12 billion to fund coral reef protection

Countries pledge to raise $12 billion to fund coral reef protection

By David Stanway SINGAPORE (Reuters) – An alliance of nations said on Tuesday..

UK’s Greggs shows resilience with quarterly sales rise

UK’s Greggs shows resilience with quarterly sales rise

LONDON (Reuters) -British baker and fast food chain Greggs kept its full-year outloo..

Rouble recovers slightly after slide past 100 vs dollar

Rouble recovers slightly after slide past 100 vs dollar

(Reuters) -The Russian rouble weakened past the symbolic threshold of 100 to the do..

UK shop price inflation at lowest in a year – BRC

UK shop price inflation at lowest in a year – BRC

LONDON (Reuters) – Prices in British store chains rose at the slowest pace in ..

Visa launches $100 million venture fund for generative AI startups

Visa launches $100 million venture fund for generative AI startups

(Reuters) – Payments processor Visa on Monday launched a $100 million venture..

Oil tumbles 2% to 3-week low on strong dollar, profit taking

Oil tumbles 2% to 3-week low on strong dollar, profit taking

NEW YORK (Reuters) -Oil prices fell about 2% on Monday to a three-week low as a high..