Headlines

IKEA reports record sales as price hikes offset weakening consumer confidence

IKEA reports record sales as price hikes offset weakening consumer confidence

By Anna Ringstrom STOCKHOLM (Reuters) -Budget furniture giant IKEA reported record h..

Britain’s Ofgem to urge public to reduce energy usage – FT

Britain’s Ofgem to urge public to reduce energy usage – FT

(Reuters) – Britain’s energy regulator Ofgem will on Thursday urge consu..

Holocaust survivor to oversee start of rightist Italian parliament

Holocaust survivor to oversee start of rightist Italian parliament

By Crispian Balmer ROME (Reuters) – Italy’s new parliament opens on Thur..

Sentiment in UK finance falls at fastest pace since 2019, survey

Sentiment in UK finance falls at fastest pace since 2019, survey

LONDON (Reuters) – Britain needs to restore stability to its finances to help ..

Britain’s bond market turmoil

Britain’s bond market turmoil

LONDON (Reuters) – British government borrowing costs hit a 20-year high on We..

Analysis – Turbulent UK bond market may force BoE’s hand again

Analysis – Turbulent UK bond market may force BoE’s hand again

By Dhara Ranasinghe and Harry Robertson LONDON (Reuters) – Bank of England Gov..

EU seeks to break impasse over gas price caps, ‘no regret’ plan floated

EU seeks to break impasse over gas price caps, ‘no regret’ plan floated

By Kate Abnett and Robert Muller PRAGUE/BRUSSELS (Reuters) – The question of h..

Austria plans to bring budget deficit within 3% of GDP next year

Austria plans to bring budget deficit within 3% of GDP next year

VIENNA (Reuters) – Austria plans to bring its budget deficit within the Europe..

UK economy on brink of recession as it shrinks in August

UK economy on brink of recession as it shrinks in August

By William Schomberg and Andy Bruce LONDON (Reuters) – Britain’s economy..

Swedish energy minister: need to decouple gas from electricity price

Swedish energy minister: need to decouple gas from electricity price

PRAGUE (Reuters) – The European Union needs to find a way to decouple gas and ..

Mercedes-Benz and Microsoft collaborate on supply chain data platform

Mercedes-Benz and Microsoft collaborate on supply chain data platform

BERLIN (Reuters) – Mercedes-Benz and Microsoft announced a partnership on Wedn..

Russian missiles hit 30% of Ukraine’s energy infrastructure in two days – minister

Russian missiles hit 30% of Ukraine’s energy infrastructure in two days – minister

(Reuters) – Russia hit about 30% of Ukraine’s energy infrastructure in i..

EFG International says profitability improved in first nine months

EFG International says profitability improved in first nine months

ZURICH (Reuters) -EFG International said it had seen a “significant increase&#..

Twitter reviews policies around permanent user bans – FT

Twitter reviews policies around permanent user bans – FT

(Reuters) -Twitter Inc is reviewing its policies around permanently banning users, p..

Meta’s new Quest Pro headset, mixing real and virtual worlds, makes debut

Meta’s new Quest Pro headset, mixing real and virtual worlds, makes debut

By Katie Paul (Reuters) -Meta Platforms unveiled its Quest Pro virtual and mixed rea..

Analysis-Fearing war in Xi’s next term, Taiwan bolsters defences

Analysis-Fearing war in Xi’s next term, Taiwan bolsters defences

By Yimou Lee and Ben Blanchard TAIPEI (Reuters) – Taiwan is bolstering its def..

ECB’s Villeroy lays out plan for shrinking balance sheet

ECB’s Villeroy lays out plan for shrinking balance sheet

NEW YORK (Reuters) – The European Central Bank should start shrinking its bala..

Caixabank proposes sector-wide freeze in variable mortgage costs, source says

Caixabank proposes sector-wide freeze in variable mortgage costs, source says

MADRID (Reuters) – Caixabank, Spain’s biggest lender by domestic assets,..

Factbox-Ticking bomb: The risks the IMF sees to financial stability

Factbox-Ticking bomb: The risks the IMF sees to financial stability

(Reuters) – The International Monetary Fund warned on Tuesday of a disorderly ..

British pensions step up multi-billion-pound asset fire sale as need for cash soars

British pensions step up multi-billion-pound asset fire sale as need for cash soars

By Tommy Wilkes and Carolyn Cohn LONDON (Reuters) – UK pension schemes are rac..

Germans told to unite over energy crisis amid EU divisions

Germans told to unite over energy crisis amid EU divisions

By Rachel More and Paul Carrel BERLIN (Reuters) – Germany can weather a winter..

Stocks tumble globally on raft of economic, political worries

Stocks tumble globally on raft of economic, political worries

By Sinéad Carew and Dhara Ranasinghe LONDON/NEW YORK (Reuters) – MSCI’s ..

Sterling snaps four-day drop, but gilt-market havoc tempers gains

Sterling snaps four-day drop, but gilt-market havoc tempers gains

By Amanda Cooper LONDON (Reuters) -The pound snapped a four-day streak of losses on ..

Stellantis aims to boost recycled material content in vehicles

Stellantis aims to boost recycled material content in vehicles

MILAN (Reuters) -Stellantis will look to upgrade its medium-term target for the mini..

U.S. dollar drifts higher; yen heads toward level that prompted intervention

U.S. dollar drifts higher; yen heads toward level that prompted intervention

By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dol..

Damien Hirst burns artworks after collectors pick their NFTs instead

Damien Hirst burns artworks after collectors pick their NFTs instead

By Marie-Louise Gumuchian LONDON (Reuters) – Britain’s Damien Hirst star..

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) – The Bank of England again sought to stem a sharp sell-off i..

Oil falls more than 2% on recession and China COVID fears

Oil falls more than 2% on recession and China COVID fears

By Alex Lawler LONDON (Reuters) – Oil slid more than 2% on Tuesday, extending ..

Scholz: if Germany continues to adapt, we will make it through winter

Scholz: if Germany continues to adapt, we will make it through winter

BERLIN (Reuters) – Germany will make it through the winter if citizens, compan..

Spain’s Cepsa signs green hydrogen shipping deal with Rotterdam port

Spain’s Cepsa signs green hydrogen shipping deal with Rotterdam port

MADRID (Reuters) -Spanish oil and gas group Cepsa has signed a deal with the Dutch p..

France says Belarus could face more sanctions if it gets increasingly involved in Ukraine conflict

France says Belarus could face more sanctions if it gets increasingly involved in Ukraine conflict

PARIS (Reuters) – Belarus could face more sanctions if it gets more and more i..

Billionaire investor Yuri Milner relinquishes Russian citizenship

Billionaire investor Yuri Milner relinquishes Russian citizenship

(Reuters) – Israeli-Russian billionaire Yuri Milner said on Monday he has reno..

Italy’s CDP and partners ask TIM for more time for network deal

Italy’s CDP and partners ask TIM for more time for network deal

By Elvira Pollina MILAN (Reuters) -Italian state lender CDP and its partners have as..

Diagnostics firm Bio-Rad in talks to merge with Qiagen – WSJ

Diagnostics firm Bio-Rad in talks to merge with Qiagen – WSJ

(Reuters) -California-based diagnostics company Bio-Rad Laboratories is in talks to ..

Colombia appeals in WTO frozen fries dispute with EU

Colombia appeals in WTO frozen fries dispute with EU

GENEVA (Reuters) – Colombia launched an appeal on Monday against a finding lar..

Honeywell announces new ethanol-to-jet fuel technology

Honeywell announces new ethanol-to-jet fuel technology

By Stephanie Kelly NEW YORK (Reuters) -Tech firm Honeywell International Inc will ro..

Factbox-Automakers accelerate drive to secure battery raw materials

Factbox-Automakers accelerate drive to secure battery raw materials

(Reuters) – Rising demand for electric vehicles (EV) around the world is encou..