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..
News
News
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..
News
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..
News
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..
News
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..
News
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 ..
News
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..
News
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..
News
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..
News
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..
News
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 ..
News
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..
News
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..
News
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..
News
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..
News
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,..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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 ..
News
Euro zone July inflation confirmed at 8.9% y/y, core measure sharply up
BRUSSELS (Reuters) – Euro zone inflation reached a new record high of 8.9% year-on-year in July, the EU’s statistics offic..
News
German heat pump bonanza test industry’s resilience in Russian gas crunch
By Thomas Escritt HOLZMINDEN, Germany (Reuters) – In a way, Stiebel Eltron has never had it so good. The heating manufacturer’..
News
Norway and New Zealand deliver latest big rate hikes
LONDON (Reuters) -The Norwegian and New Zealand central banks this week both delivered yet more interest rate hikes and signalled furt..
News
Bank of England sets out plans to sell $23 billion corporate bond stockpile
By David Milliken LONDON (Reuters) – The Bank of England set out plans on Thursday to auction off around 200 million pounds ($24..
News
Poland’s PGNiG in talks to get more gas from Norway through new Baltic Pipe
WARSAW/GDANSK (Reuters) -Poland’s PGNiG is in advanced talks to source more gas from Norway through the new Baltic Pipe linking ..
News
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..
News