News

Luc Remont proposed as new boss of French energy company EDF

Luc Remont proposed as new boss of French energy company EDF

By Tassilo Hummel and Elizabeth Pineau PARIS (Reuters) – French President Emma..

Russian central bank gives legal entities green light to trade foreign shares

Russian central bank gives legal entities green light to trade foreign shares

MOSCOW (Reuters) -The Bank of Russia on Thursday gave legal entities the green light..

UK’s Kwarteng: Mini budget was essential in resetting debate around growth

UK’s Kwarteng: Mini budget was essential in resetting debate around growth

LONDON (Reuters) – The British government’s so-called mini budget was es..

Queen Elizabeth died of ‘old age’, death certificate shows

Queen Elizabeth died of ‘old age’, death certificate shows

Balmoral Castle, her summer home in the Scottish highlands, on Sept. 8. The certific..

ECB policymakers back jumbo rate hike, differ on balance sheet cut

ECB policymakers back jumbo rate hike, differ on balance sheet cut

By Francesco Canepa and Balazs Koranyi VILNIUS/FRANKFURT (Reuters) – European ..

UK banks and insurers told to step up help for struggling customers

UK banks and insurers told to step up help for struggling customers

By Huw Jones LONDON (Reuters) – Britain’s Financial Conduct Authority (F..

H&M to cut costs as profits hit by inflation, cautious shoppers

H&M to cut costs as profits hit by inflation, cautious shoppers

By Anna Ringstrom STOCKHOLM (Reuters) – H&M, the world’s No.2 fashio..

CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange

CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange

FRANKFURT (Reuters) – Porsche AG Chief Executive Oliver Blume rang the bell an..

M&G appoints former head of AXA Investment Managers Andrea Rossi as new CEO

M&G appoints former head of AXA Investment Managers Andrea Rossi as new CEO

LONDON (Reuters) – British investment manager M&G said on Thursday that An..

Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout

Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout

By Sinead Cruise, Alistair Smout and Elizabeth Piper LONDON (Reuters) – As new..

UK car output rises in August, soaring costs cast shadow over recovery

UK car output rises in August, soaring costs cast shadow over recovery

(Reuters) – British car production rose for a fourth straight month in August,..

UK banks told to reimburse customers tricked by scams

UK banks told to reimburse customers tricked by scams

By Huw Jones LONDON (Reuters) – Banks will have to reimburse customers tricked..

Bitcoin-sterling volumes spike to record high as British currency flounders

Bitcoin-sterling volumes spike to record high as British currency flounders

By Elizabeth Howcroft LONDON (Reuters) – Trading volumes between the British p..

PIMCO CIO says UK market chaos not systemic but will have global impact

PIMCO CIO says UK market chaos not systemic but will have global impact

(Corrects name of conference to Delivering Alpha in first paragraph) WASHINGTON (Reu..

Finland watching its waters closely after gas pipeline blasts, PM says

Finland watching its waters closely after gas pipeline blasts, PM says

HELSINKI (Reuters) – Finland is watching its territorial waters very closely f..

Italy slashes 2023 growth forecast but sees public finances improving

Italy slashes 2023 growth forecast but sees public finances improving

By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Mario Draghi’s outgoi..

Amazon.com unveils device that tracks breath while sleeping

Amazon.com unveils device that tracks breath while sleeping

(Reuters) -Amazon.com Inc on Wednesday announced a contactless gadget that can monit..

Explainer-Why is Bank of England acting again? What next in the UK crisis?

Explainer-Why is Bank of England acting again? What next in the UK crisis?

LONDON (Reuters) – Britain’s central bank resorted to buying bonds again..

UK housing market may face perfect storm as mortgage rates rise, house prices drop

UK housing market may face perfect storm as mortgage rates rise, house prices drop

By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in bo..

Britain’s market rout stokes contagion fears around the globe

Britain’s market rout stokes contagion fears around the globe

By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) ̵..

Chile authorities scour mountains for missing British astronomer

Chile authorities scour mountains for missing British astronomer

By Natalia A. Ramos Miranda SANTIAGO (Reuters) – Chile authorities on Wednesda..

Apple falls on fears of slowing iPhone 14 demand

Apple falls on fears of slowing iPhone 14 demand

By Medha Singh and Nivedita Balu (Reuters) -Apple Inc shares fell more than 4% on We..

Lilium aims to build 400 air taxis a year, seek grants

Lilium aims to build 400 air taxis a year, seek grants

PARIS (Reuters) – German air taxi developer Lilium Air Mobility plans to set u..

What is known so far about the Nord Stream gas pipeline leaks

What is known so far about the Nord Stream gas pipeline leaks

By Nina Chestney LONDON (Reuters) – Three unexplained gas leaks detected in th..

Bank of England statement on purchase of long-dated bonds

Bank of England statement on purchase of long-dated bonds

LONDON (Reuters) – The Bank of England said on Wednesday it would start a temp..

Boohoo says exposure to sterling plunge is limited – finance chief

Boohoo says exposure to sterling plunge is limited – finance chief

LONDON (Reuters) – British online fashion retailer Boohoo said on Wednesday it..

Lego posts strong growth on robust demand, new store openings

Lego posts strong growth on robust demand, new store openings

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego on Wednesday posted dou..

Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets

Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets

By Lucy Raitano and Andres Gonzalez LONDON (Reuters) – Porsche’s landmar..

Inflation weighs on consumer morale in euro zone’s big three economies

Inflation weighs on consumer morale in euro zone’s big three economies

BERLIN (Reuters) -Consumer morale was down across the euro zone’s three larges..

Drinks group Pernod hires former Kering executive Oudinot for new unit

Drinks group Pernod hires former Kering executive Oudinot for new unit

PARIS (Reuters) – French drinks group Pernod said it had hired Nicolas Oudinot..

White House’s Deese, asked about UK economic plans, stresses ‘fiscal prudence’

White House’s Deese, asked about UK economic plans, stresses ‘fiscal prudence’

By Andrea Shalal WASHINGTON (Reuters) -White House economic adviser Brian Deese said..

Meta says it removes China-based propaganda operation targeting U.S. midterms

Meta says it removes China-based propaganda operation targeting U.S. midterms

By Katie Paul (Reuters) -Meta Platforms said on Tuesday it disrupted the first known..

British health officials warn of difficult winter with flu and COVID

British health officials warn of difficult winter with flu and COVID

LONDON (Reuters) – British health officials on Wednesday warned that increased..

U.S. VP Harris to push against China’s Taiwan policy in Japan speech

U.S. VP Harris to push against China’s Taiwan policy in Japan speech

By Trevor Hunnicutt TOKYO (Reuters) – U.S. Vice President Kamala Harris is exp..

Jaguar Land Rover sets out to train workers, dealers for EV world

Jaguar Land Rover sets out to train workers, dealers for EV world

By Nick Carey LONDON (Reuters) – Luxury British carmaker Jaguar Land Rover sai..

Factbox-Companies cut jobs, freeze hiring to prepare for economic slowdown

Factbox-Companies cut jobs, freeze hiring to prepare for economic slowdown

(Reuters) – Technology companies, crypto exchanges and financial firms are cut..

EU draft rules to make it easier to sue drone makers, AI systems

EU draft rules to make it easier to sue drone makers, AI systems

By Foo Yun Chee BRUSSELS (Reuters) – Individuals and companies that suffer har..