BIS warns of $80 trillion of hidden FX swap debt
By Marc Jones LONDON (Reuters) – The Bank for International Settlements (BIS) has warned that pension funds and other ‘non..
Finance
All Posts
ECB’s Makhlouf expects 50 bps rate hike in December
(Corrects first paragraph to say rates ‘may have to move into restrictive territory’, not ‘would have to’) By ..
Finance
Analysis-Energy hungry Europe can’t look to U.S. shale to fill any OPEC gap
By Laila Kearney, Liz Hampton and Arathy Somasekhar NEW YORK/DENVER/HOUSTON (Reuters) – U.S. shale oil drillers turned from scra..
Headlines
Take Five: Ready for that Santa rally?
(Reuters) – Swiss lender Credit Suisse faces a litmus test over its rights issue, just one several trials markets must work thro..
Headlines
U.S., EU to address Inflation Reduction Act fears constructively -draft
By Foo Yun Chee BRUSSELS (Reuters) – The United States and the European Union will seek to tackle EU concerns about a new U.S. g..
Headlines
Stocks fall as strong U.S. payrolls muddies rate bets
By Sinéad Carew NEW YORK (Reuters) – Equities took a dip on Friday while U.S. Treasury yields climbed as investors bet on a more..
Finance
Euro zone bond yields rise after U.S. jobs data
By Alun John LONDON (Reuters) – European government bond yields rose after Friday data showed U.S. employers hired more workers ..
Finance
Reckitt expects U.S. infant formula shortage until spring
By Richa Naidu LONDON (Reuters) -The near year-long infant formula shortage in the United States that prompted the intervention of t..
Headlines
Factbox-Global banks take axe to jobs as cost pressures mount
LONDON (Reuters) – Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and la..
Finance
Irish corporate tax boom breaks more records in November
DUBLIN (Reuters) – Ireland took in more corporate tax in November than it used to collect in entire years a decade ago, as a rec..
Finance
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, ..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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,..
Headlines
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..
Headlines
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..
Headlines
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 ..
Headlines
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 ..
Headlines
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,..
Headlines
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..
Headlines
London-based DAACI Ltd invents game-changing automated audio score generator
Today, the United States Patent and Trademark Office (USPTO) granted DAACI its first US patent covering significant and fundame..
Business
Engineering skills shortages intensify: Data reveals job applications tumbling
Following a tumultuous period in the first half of the year which saw engineering vacancy numbers shift drastically month-on-mo..
Economy
How to avoid career suicide at the office Christmas party
The office Christmas party is an annual tradition that many people look forward to. However, waking up the next day to realise..
Opinion
Business
Window Covering UK Industry-first, lifetime guarantee could save customers thousands.
Window Covering UK Industry-first, lifetime guarantee could save customers thousands.
..
Business
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
Bank of England consults on remaining Basel bank capital rules
LONDON (Reuters) – The Bank of England confirmed on Wednesday that the rollout of remaining global bank capital rules would star..
News
Sweden, Finland and Turkey have made progress on NATO membership, Sweden says
BUCHAREST (Reuters) – Sweden and Finland have made good progress towards an agreement with Turkey on the Nordic countries’..
Headlines
Oil up on lower U.S. crude stocks and dollar, OPEC+ and China concerns limit gains
By Laila Kearney and Trixie Sher Li Yap (Reuters) – Oil prices posted gains of more than 1% in Asian trade on Wednesday on falli..
Headlines
Croatia, heading to enter euro zone, adopts first budget in euros
SARAJEVO (Reuters) – Croatia, which will enter the euro zone on Jan. 1, passed its first budget in euros on Tuesday, targeting a..
Headlines
Dollar near one-week high as traders prepare for Powell, payrolls tests
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar stuck close to a one-week high on Wednesday, holding on to gains from a thre..
Headlines