Britain’s cost of living crisis sends sterling to lowest since mid-July
By Joice Alves LONDON (Reuters) – Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy cost..
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Factbox-What impact will strike at Britain’s busiest container port have?
LONDON (Reuters) – More than 1,900 workers at Britain’s biggest container port, Felixstowe, have begun eight days of strik..
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Traders cut Ukraine 2022 combined grain and oilseeds crop forecast
KYIV (Reuters) -Grain traders union UGA on Monday cut Ukraine’s 2022 combined grain and oilseeds crop forecast to 64.5 million t..
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UK economy shrank record 11% in 2020, worst since 1709
LONDON (Reuters) – Britain recorded its biggest fall in output in more than 300 years in 2020 when it faced the brunt of the COV..
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European stocks eye worst day in over a month on looming energy crisis
By Anisha Sircar (Reuters) -European shares were on Monday set for their worst day in more than a month as worries about tightening ga..
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UK midcaps at three-week low as recession fears grow
By Johann M Cherian and Sruthi Shankar (Reuters) – UK midcaps hit a three-week trough on Monday while the export-centric FTSE 10..
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From chasing deals to turning off screens: Cineworld on the brink
(Reuters) – Britain’s Cineworld said on Monday it was considering options including a possible bankruptcy filing in the Un..
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French retailer Carrefour to freeze prices on 100 products to tackle inflation
PARIS (Reuters) -French supermarket retailer Carrefour is freezing prices on 100 everyday products from tinned sardines to rice and wa..
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Orban tightens hold over telco sector as Vodafone sells Hungarian unit
Orban tightens hold over telco sector as Vodafone sells Hungarian unit LONDON/BUDAPEST (Reuters) – Britain’s Vodafone will..
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China steps up easing, cuts lending benchmarks to revive faltering economy
By Winni Zhou and Brenda Goh SHANGHAI (Reuters) -China cut its benchmark lending rate and lowered the mortgage reference by a bigger m..
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Analysis-Meagre medicine cabinet leaves Sanofi unloved
By Ludwig Burger FRANKFURT (Reuters) – Sanofi’s recent stock rout underscores the pressure on the French drug maker to red..
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Asia shares slip, dollar strong as yuan weakens
By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday and the dollar extended its climb amid angst over global growth ..
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Oil falls on concerns economic slowdown may dent fuel demand
By Yuka Obayashi TOKYO (Reuters) – Oil prices fell on Monday, ending three days of gains, on fears aggressive U.S. interest rate..
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Australia’s Qantas apologises to customers for operational problems
SYDNEY (Reuters) -Qantas Airways Ltd will offer A$50 ($34) vouchers, loyalty status extensions and lounge passes to frequent flyers to..
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Germany, Canada to boost energy, mineral ties as they decarbonize
By Andreas Rinke and Steve Scherer MONTREAL (Reuters) -Russia’s invasion of Ukraine is bringing Canada and Germany closer togeth..
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Nord Stream 1 pipeline to shut for three days, increasing pressure on Europe
By Christoph Steitz and Thomas Escritt FRANKFURT/BERLIN (Reuters) -Russia will halt gas supplies to Europe for three days at the end o..
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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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