Sudden crypto drop sends bitcoin to three-week low
By Tom Westbrook and Hannah Lang SINGAPORE/WASHINGTON (Reuters) -Cryptocurrencies fell sharply on Friday, with sudden selling dragging..
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Oil prices rise about $1/bbl on prospect of subdued U.S. rate hikes
By Laila Kearney NEW YORK (Reuters) -Oil prices rose about $1 a barrel on Friday after the U.S. Federal Reserve signalled a more subdu..
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Cineworld shares slump on report Regal-owner is preparing bankruptcy filing
(Reuters) -Cineworld Group, the world’s second largest cinema chain operator, is preparing to file for bankruptcy, the Wall Stre..
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U.S. stocks fall ahead of expected Fed rate hikes
By Lawrence Delevingne (Reuters) – U.S. stocks fell and the dollar rose on Friday even as Treasury yields gained, with traders w..
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Stablecoin Tether’s reserves fell $16 billion in second quarter due to redemptions
By Elizabeth Howcroft and Samuel Indyk LONDON (Reuters) -Tether, the world’s largest stablecoin by market value, said on Friday ..
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European shares end week lower on recession fears
By Anisha Sircar and Shreyashi Sanyal (Reuters) -European shares fell on Friday and posted a weekly loss as the highest-ever jump in G..
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UK midcaps log worst week since early July on recession angst
By Sruthi Shankar and Devik Jain (Reuters) – UK midcap stocks logged their worst weekly performance since early July on Friday a..
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Cycling-Britain’s Bigham sets men’s Hour record
By Martyn Herman (Reuters) -Britain’s Dan Bigham smashed the Hour record when he completed a distance of 55.548 kilometres aroun..
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Dutch govt lifts filling target for Bergermeer gas storage facility to 90%
AMSTERDAM (Reuters) – The Dutch government has increased its filling target for the Bergermeer gas storage facility to 90% by No..
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France favours gas terminals over new pipeline to tackle crisis
By Forrest Crellin and Isla Binnie PARIS (Reuters) – A third gas pipeline between Spain and France would cost at least 3 billion..
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Analysis-UK slips towards recession, heaping pressure on next PM to help
By William Schomberg LONDON (Reuters) – Britain’s slide towards a recession has gathered momentum after data this week sho..
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Record jump in German producer prices adds to gloomy outlook
By Miranda Murray and Paul Carrel BERLIN (Reuters) -German producer prices jumped at the fastest pace on record in July, underscoring ..
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Cost-of-living crisis prompts ‘buy now, pay later’ warning from UK’s FCA
By Huw Jones LONDON (Reuters) -People responsible for misleading ‘buy now, pay later’ adverts could face two years in pris..
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Wall Street set for losses as more data highlights global woes
By Elizabeth Howcroft LONDON (Reuters) – European stocks fell on Friday and German government bond yields hit multi-week highs a..
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Factbox-Germany’s efforts to tackle energy crisis
FRANKFURT (Reuters) – Germany has decided to replace all Russian energy imports, most notably natural gas, by as soon as mid-202..
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Safe-haven flows set U.S. dollar for biggest weekly rise since April 2020
By Joice Alves LONDON (Reuters) – The U.S. dollar index surged on Friday and was on track for its biggest weekly gain since Apri..
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Global equity funds attract inflows for second week in a row
(Reuters) – Global equity funds received inflows for a second straight week in the week to Aug. 17, as investors tempered their ..
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European shares trip on recession fears as German producer prices surge
By Anisha Sircar (Reuters) -European shares tumbled on Friday and tracked a weekly loss as the highest-ever jump in German producer pr..
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UK midcaps set for weekly loss as consumer confidence slumps to record low
By Sruthi Shankar and Johann M Cherian (Reuters) -UK midcap stocks were set for their worst weekly performance since early July on Fri..
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Soccer – Deep pockets needed to persuade Glazers to sell United
By Simon Evans MANCHESTER, England (Reuters) – British billionaire Jim Ratcliffe’s interest in buying Manchester United ha..
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Oil headed for weekly loss as recession fears cloud demand outlook
By Shadia Nasralla LONDON (Reuters) -Oil prices slipped on Friday after two days of gains and are heading for weekly losses as a stron..
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Online discounts boost struggling UK retailers in July
By David Milliken LONDON (Reuters) -British shoppers spent more than expected last month after being enticed by online shopping deals,..
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Britain’s borrowing rises as PM contenders promise more help
By William Schomberg LONDON (Reuters) -Britain borrowed more than expected in July, official data showed, underscoring the challenge f..
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Marketmind: Memo for Britain’s next PM – There’s no stopping bad news
A look at the day ahead in European and global markets from Anshuman Daga Another day, another miserable set of British data. “A..
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Samsung Elec breaks ground on new chip R&D centre, plans $15 billion investment by 2028
SEOUL (Reuters) – Samsung Electronics said on Friday it broke ground at a new semiconductor research and development (R&D) c..
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Bavarian Nordic signs up U.S. firm for packaging monkeypox vaccine
(Reuters) – Danish biotech firm Bavarian Nordic said on Thursday it has signed up a U.S.-based manufacturer to package its Jynne..
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Cricket-Fiery Stokes revives England but S Africa build good lead
LONDON (Reuters) – A fiery spell from captain Ben Stokes dragged England back into the match but South Africa remained the happi..
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Next year’s Geneva auto show cancelled -organisers
ZURICH (Reuters) – The Geneva International Motor Show scheduled to take place in February has been cancelled for the fourth yea..
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Record numbers resign in France as bargaining power balance shifts -labour ministry
By Myriam Rivet and Tassilo Hummel PARIS (Reuters) – More French employees than ever quit their jobs at the end of 2021 and star..
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Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports
By Elizabeth Howcroft LONDON (Reuters) -Tether, the world’s largest stablecoin, said on Thursday it had appointed accounting fir..
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German gas import costs surge 153% in first half as imports drop 24%
FRANKFURT (Reuters) – German natural gas import costs rose by 153% in the first six months of 2022 from a year earlier, even tho..
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Explainer-Could Germany keep its nuclear plants running?
FRANKFURT (Reuters) – German utilities have said they may operate the country’s three remaining nuclear reactors beyond th..
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Oil up 3% on U.S. crude stocks data, tight supply outlook
By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 3% on Thursday as robust U.S. fuel consumption data and an expected drop..
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Dollar bounces as Fed seen keeping up aggressive rate hikes
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar index hit a three-week high on Thursday as investors reevaluated Wednesda..
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Asset managers on alert after ‘WhatsApp’ crackdown on banks
By Iain Withers and Sinead Cruise LONDON (Reuters) – Asset managers are tightening controls on personal communication tools such..
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Russia’s Ochakovo ups soft drink bottling capacity as Western rivals leave
MOSCOW (Reuters) – Russian drinks producer Ochakovo on Thursday said it had increased the annual bottling capacity of its CoolCo..
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Britain to receive rare LNG cargo from Australia, Oman
By Marwa Rashad LONDON (Reuters) -Britain is set to receive a rare shipment of liquefied natural gas (LNG) sourced from Australia and ..
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