Pfizer to invest more than $2.5 billion to expand European manufacturing
By Michael Erman NEW YORK (Reuters) -Pfizer Inc is investing more than $2.5 billion at its drug making plants in Belgium and Ireland, ..
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Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks in Novem..
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EU countries consider lower gas price cap – documents
By Kate Abnett BRUSSELS (Reuters) -European Union countries will consider on Friday a proposal for a gas price cap slightly lower than..
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Factbox-What European companies are doing as workers face high inflation
(Reuters) -Companies across Europe are offering one-off bonuses and renegotiating wages as surging inflation raises food and energy bi..
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UniCredit to pay bonus, replace 850 older branch staff in Italy
MILAN (Reuters) – Italy’s second-biggest bank UniCredit will give employees in Italy a one-off payment of 2,400 euros ($2,..
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Spain’s labour market resilient as unemployment drops in Nov
MADRID (Reuters) -Unemployment fell and net jobs were created in November in Spain, official data showed on Friday, reflecting strengt..
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Explainer-India G20 presidency 2023: what does it mean and what can we expect
By Devjyot Ghoshal NEW DELHI (Reuters) – India began its year-long presidency of the Group of 20 (G20) this week, taking over fr..
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UK parliament committee chair says she talked defence cooperation on Taiwan trip
TAIPEI (Reuters) – A senior British lawmaker said on Friday her delegation had discussed defence cooperation with Taiwan during ..
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Dollar steadies near 16-week low, yuan set for biggest weekly gain since 2005
By Samuel Indyk LONDON (Reuters) – The dollar was pinned near 16-week lows against a basket of major currencies on Friday ahead ..
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India’s Reliance makes rare buy of Russian naphtha, ups fuel oil imports
By Mohi Narayan NEW DELHI (Reuters) – India’s Reliance Industries, operator of the world’s largest refining complex,..
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Soccer-World Cup 2022: England’s route to final explained
(Reuters) – England are looking to win their second World Cup title at the Nov. 20-Dec. 18 tournament in Qatar. Here is what you..
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EU sets recycling, reuse targets to cut packaging waste
By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission proposed on Wednesday new rules to reduce packaging waste thro..
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BYD set to be China’s top-selling car brand for Nov, Tesla gains -data
SHANGHAI (Reuters) – BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outp..
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Portugal’s Q3 growth accelerates with consumption but future not shining
By Sergio Goncalves LISBON (Reuters) – Portugal’s economy expanded 0.4% in the third quarter from 0.1% in the previous qua..
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FTX collapse shows urgent need to finalise EU crypto rules, says European Commission
By Huw Jones LONDON (Reuters) -The “questionable practices” at now collapsed crypto exchange FTX would not have been allow..
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World stocks upbeat on hopes for China re-opening, inflation peaking
By Dhara Ranasinghe LONDON (Reuters) -World equity markets rallied on Wednesday lifted by hopes that inflation is peaking and a re-ope..
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Global stocks to grind higher, lacklustre year ahead: Reuters poll
By Hari Kishan BENGALURU (Reuters) – The global economy needs to find a more solid footing before most stock markets break out o..
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Economic headwinds set to push oil below $100 in 2023: Reuters Poll
By Seher Dareen (Reuters) – Brent oil prices will hold above the $100 level for the rest of 2022 as an impending EU ban on Russi..
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German inflation eased in November but too soon for ‘all-clear’
By Miranda Murray and Balazs Koranyi BERLIN (Reuters) – Germany’s inflation cooled slightly in November, but remained near..
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UK royals in U.S. spotlight as William and Kate visit
By Michael Holden and Sarah Mills LONDON (Reuters) – Prince William and his wife Kate fly out to the United States on Wednesday ..
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London’s West End regains pre-pandemic buzz, boosting sales
By Aby Jose Koilparambil and Suban Abdulla (Reuters) -London’s West End has seen retail, hospitality and leisure venue sales ret..
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UK mortgage approvals hit lowest since June 2020
By Andy Bruce LONDON (Reuters) -The number of mortgages approved by lenders in Britain fell in October to its lowest since June 2020, ..
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Greek residential property price recovery picks up in third quarter
By George Georgiopoulos ATHENS (Reuters) – A recovery in Greece’s residential real estate market picked up pace in the thi..
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Hyundai Motor, SK On sign EV battery supply pact for N. America
By Heekyong Yang and Joyce Lee SEOUL (Reuters) – South Korea’s Hyundai Motor Group has signed an agreement to source elect..
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Swiss GDP growth lags expectations in Q3
ZURICH (Reuters) – The Swiss economy grew a real 0.2% in the third quarter versus the second three months of 2022 and 0.5% year-..
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Nestle nudges 2022 sales outlook higher again
ZURICH (Reuters) -Nestle has nudged its 2022 sales outlook higher again, the world’s largest packaged food company said ahead of..
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Europe on course to end winter with plenty of gas: Kemp
By John Kemp LONDON (Reuters) -Europe’s gas inventories are on course to end the winter of 2022/23 at one of the highest levels ..
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UK royals in U.S. spotlight as William and Kate visit
By Michael Holden and Sarah Mills LONDON (Reuters) – Prince William and his wife Kate fly out to the United States on Wednesday ..
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Ford recalls 634,000 vehicles worldwide over fire risks
By David Shepardson (Reuters) -Ford Motor Co is recalling 634,000 sport utility vehicles (SUVs) worldwide over fire risks from possibl..
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Italy seeks fresh options for TIM as bid for network seen fading
By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) -Italy’s new government will likely need to seek fresh options for ail..
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Greece PM senses “momentum” in “Elgin Marbles” talks with Britain
LONDON (Reuters) – Greece’s Prime Minister Kyriakos Mitsotakis said on Monday there was “progress” and a sense..
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European retailers downbeat despite Black Friday boost
By Maria Sheahan, Toby Sterling and Alvise Armellini BERLIN/AMSTERDAM/MILAN (Reuters) -Europeans snapped up smartphones, Christmas dec..
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EU sets out plans to shift derivatives clearing from London to Frankfurt
By Huw Jones LONDON (Reuters) -Banks and other market participants in the European Union will have to prove to regulators that they ar..
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Deutsche Bank: Equity bear market rally will stretch into 2023, dollar weaker
LONDON (Reuters) – A bear market rally in equity markets will continue into next year before slumping as a recession in the worl..
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Euro zone credit growth remains brisk despite gloomy outlook
FRANKFURT (Reuters) – Bank lending to euro zone companies held steady, maintaining the sector’s biggest borrowing binge in..
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Food of the future: London air raid shelter to underground farm
By Sarah Young and Aiden Nulty LONDON (Reuters) – In an underground World War Two air raid shelter where London tube trains can ..
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UK’s Superdry in talks with Bantry Bay to refinance $85 million facility
LONDON (Reuters) – British fashion group Superdry said it is in negotiations to refinance borrowings of up to 70 million pounds ..
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