Banks close painful Citrix debt chapter with $700 million loss -source
By Abigail Summerville and Matt Tracy (Reuters) – Wall Street banks completed the sale of $8.55 billion in loans and bonds backi..
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German tax revenues fall in August for first time this year
BERLIN (Reuters) – Federal and state government tax revenues fell in Europe’s biggest economy during August for the first ..
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UK’s top manufacturing body slashes forecasts for 2023
LONDON (Reuters) – Britain’s manufacturers association on Thursday slashed its forecast for growth in factory output next ..
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Bank of England set for second hefty rate rise in a row
By David Milliken LONDON (Reuters) – The Bank of England looks set to raise interest rates by at least half a percentage point o..
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Biden, UK’s Truss commit to protect Northern Ireland deal
By Steve Holland UNITED NATIONS (Reuters) -U.S. President Joe Biden and British Prime Minister Liz Truss met in person for the first t..
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Britain launches plan to ease doctor waiting lists
LONDON (Reuters) – Britain’s health minister on Thursday will set out a plan to cut waiting times for doctors’ appoi..
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Dollar soars to two-decade high as Putin shakes FX market ahead of Fed
By Dhara Ranasinghe and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar surged to a new two-decade high on Wedne..
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Britain proposes insurance shake-up after Grenfell Tower fire
By Huw Jones LONDON (Reuters) – Britain’s financial watchdog has proposed reforming how apartment blocks are insured after..
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UniCredit focused on “internal delivery”, open to M&A in all its markets
ROME (Reuters) – UniCredit is focused on delivering targets set under its business plan, though it remains ready to seize M&..
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European governments spend half a trillion euros on energy crisis – report
By Kate Abnett BRUSSELS (Reuters) -Governments in Europe have earmarked nearly 500 billion euros in the last year to cushion citizens ..
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Uniper’s rocky road to German nationalisation
(Reuters) – Germany’s government announced steps on Wednesday to nationalise gas importer Uniper, brought to its knees aft..
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Europe burns cash to help businesses in deepening energy crisis
By Kirsti Knolle, William James and Anne Kauranen BERLIN/LONDON/HELSINKI (Reuters) -Germany nationalised gas importer Uniper on Wednes..
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European governments spend half a trillion euros on energy crisis – report
By Kate Abnett BRUSSELS (Reuters) – Governments in Europe have earmarked nearly 500 billion euros in the last year to cushion ci..
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Putin speech sends sterling to fresh 37-year low ahead of Fed, BoE meetings
By Lucy Raitano LONDON (Reuters) – The pound touched a new 37-year low against the dollar on Wednesday after Russian President V..
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Factbox-Reaction to UK’s energy support package for businesses
LONDON (Reuters) – Britain on Wednesday set out a support package for businesses to deal with soaring energy bills going into th..
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U.S. expects more banks will cut off Russian payment system Mir – senior official
WASHINGTON (Reuters) – Steps that Turkish lenders Isbank and Denizbank took to suspend the use of Russian payment system Mir mak..
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Big bank CEOs to sell lawmakers on relief, diversity efforts amid economic, regulatory challenges
By Pete Schroeder WASHINGTON (Reuters) -JPMorgan Chase & Co Chief Executive Jamie Dimon will warn Congress of economic “stor..
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ECB’s Lagarde raises prospect of rate hikes beyond neutral level
FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates to a level that restricts economic growth in order to ..
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YouTube in challenge to TikTok to give Shorts creators 45% of ad sales
By Dawn Chmielewski and Paresh Dave LOS ANGELES (Reuters) -YouTube unveiled a new way for creators to make money on short-form video, ..
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Investment banks’ trading revenue likely to shrink, Barclays boss says
By Sinead Cruise and Iain Withers LONDON (Reuters) – Investment banks are likely to be hit by a dip in trading revenue next year..
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Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot
By Hyunjoo Jin SAN FRANCISCO (Reuters) -Tesla Chief Executive Elon Musk blamed overreliance on factory robots for sending the electric..
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IKEA’s restaurants has more than halved food waste since 2017
STOCKHOLM (Reuters) – IKEA, which as well as being the largest furniture brand also runs one of the world’s biggest restau..
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U.S. dollar gains ahead of Fed; Swedish crown falls after hike
By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar rose on Tuesday, trading near a two-decade high..
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In Germany, energy price shock triggers fears of insolvency wave
By Marta Orosz and Alexander Hübner FRANKFURT/MUNICH (Reuters) – Hakle has been a German household name since 1928, but the Dues..
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Factbox-The challenges automakers, and now Tesla, face with humanoid robots
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s CEO Elon Musk is set to unveil its prototype humanoid robots at an event ..
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Bulgaria tenders for gas supplies to ride out energy crisis
SOFIA (Reuters) -Bulgaria’s state gas company, Bulgargaz, is launching three tenders for liquefied natural gas (LNG) on Tuesday ..
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Sovereign bond yields not yet reached a summit – Reuters poll
By Hari Kishan BENGALURU (Reuters) – The latest turmoil in major sovereign debt markets is far from over as bond strategists in ..
Investment
Swiss gold exports to China slow but shipments to Turkey surge
LONDON (Reuters) – Swiss exports of gold to China fell in August from July’s 5-1/2-year high, while shipments to Turkey ro..
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Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla Chief Executive Elon Musk blamed overreliance on factory robots for sending the e..
Innovation
Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge
By Medha Singh and Lisa Pauline Mattackal (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto ..
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Norway’s wealth fund tells firms to set net zero emission goals
By Victoria Klesty OSLO (Reuters) – Norway’s $1.2 trillion wealth fund, one of the world’s largest investors, said o..
Investment
British monarchy’s fashion mantle passes to younger generation
By Mimosa Spencer and Richa Naidu PARIS/LONDON (Reuters) – The death of Queen Elizabeth II marks a shift in the relationship bet..
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With pomp and sorrow, world bids final farewell to Queen Elizabeth
By Michael Holden, Kate Holton and Alistair Smout WINDSOR, England (Reuters) – Queen Elizabeth was laid to rest alongside her be..
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Queen Elizabeth’s coffin lowered into vault ahead of private burial
By Michael Holden, Kate Holton and Alistair Smout WINDSOR, England (Reuters) – Queen Elizabeth’s coffin was lowered into a..
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Loyal to the last, queen’s corgis and pony watch her pass
WINDSOR (Reuters) – Queen Elizabeth’s black pony Emma watched the monarch’s funeral procession pass by in the ground..
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Queen’s final resting place is a small chapel in historic Windsor Castle
WINDSOR, England (Reuters) – At the end of a state funeral watched by millions of people the world over, Queen Elizabeth was bei..
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World says goodbye to Britain’s Queen Elizabeth from cafes and consulates
HONG KONG/SYDNEY (Reuters) -In Hong Kong, hundreds kept up with Queen Elizabeth’s funeral https://www.reuters.com/world/uk/brita..
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