News

Imperative for Italy to control public spending, economy minister says

Imperative for Italy to control public spending, economy minister says

By Giuseppe Fonte ROME (Reuters) – Italy’s economy minister said on Tue..

Exclusive-Ukraine sounds out bondholders on debt restructuring, new financing -sources

Exclusive-Ukraine sounds out bondholders on debt restructuring, new financing -sources

By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) -Ukraine has been sou..

Dollar gains against euro in flight to safety on Israel-Palestinian fighting

Dollar gains against euro in flight to safety on Israel-Palestinian fighting

NEW YORK/LONDON (Reuters) – The safe-haven dollar rose on Monday against the e..

Renewables funds see record outflows as rising rates, costs hit shares

Renewables funds see record outflows as rising rates, costs hit shares

BENGALURU/LONDON (Reuters) – Investors ditched renewable energy funds at the f..

Investors on guard for oil price spike as Middle East turmoil rattles markets

Investors on guard for oil price spike as Middle East turmoil rattles markets

(Reuters) -Fears of a widening conflict in the Middle East are threatening more vola..

GSK signs shingles vaccine deal with China’s Zhifei for around $3 billion

GSK signs shingles vaccine deal with China’s Zhifei for around $3 billion

By Maggie Fick and Andrew Silver LONDON/SHANGHAI (Reuters) – China’s la..

UK’s FTSE 100 outperforms peers as oil majors jump on Middle East conflict

UK’s FTSE 100 outperforms peers as oil majors jump on Middle East conflict

(Reuters) -The commodity-heavy FTSE 100 was subdued on Monday, but outpaced its peer..

Oil, gold jump, stocks slip on Middle East conflict

Oil, gold jump, stocks slip on Middle East conflict

By Caroline Valetkevitch NEW YORK (Reuters) -Oil prices jumped more than 4%, the U...

European stocks slip amid Middle East conflict jitters

European stocks slip amid Middle East conflict jitters

By Sruthi Shankar, Shristi Achar A and Siddarth S (Reuters) – European stocks..

Apollo, JB Capital preparing bid for Vodafone’s Spanish unit, Expansion says

Apollo, JB Capital preparing bid for Vodafone’s Spanish unit, Expansion says

MADRID (Reuters) – U.S.-based buyout fund Apollo Global Management is readying..

Weight-loss drugs fuel boom for firms that fill syringes

Weight-loss drugs fuel boom for firms that fill syringes

By Maggie Fick LONDON (Reuters) – Contract drug manufacturers seeking to tap ..

Progress in reforming development banks ‘quite limited,’ new tool shows

Progress in reforming development banks ‘quite limited,’ new tool shows

By Andrea Shalal MARRAKECH, Morocco (Reuters) – A new tool launched on Monday..

Oil prices jump as Middle East violence rattles markets

Oil prices jump as Middle East violence rattles markets

By Andrew Hayley BEIJING (Reuters) -Oil prices were up more than $3 a barrel in Asi..

Bristol-Myers Squibb to acquire Mirati in up to $5.8 billion deal

Bristol-Myers Squibb to acquire Mirati in up to $5.8 billion deal

(Reuters) -Bristol-Myers Squibb on Sunday said it will acquire cancer drugmaker Mira..

‘Get Britain building again’, UK’s Labour sets out growth plan

‘Get Britain building again’, UK’s Labour sets out growth plan

Andrew MacAskillLIVERPOOL, England (Reuters) – Britain’s opposition Labo..

UK bank regulator still pressing for Metro plan by Monday – source

UK bank regulator still pressing for Metro plan by Monday – source

By Elisa Martinuzzi, Pablo Mayo Cerqueiro and Iain Withers LONDON (Reuters) -Britai..

Explainer-Paris freaks out over bedbugs ahead of Olympic Games

Explainer-Paris freaks out over bedbugs ahead of Olympic Games

PARIS (Reuters) – The French government is battling to contain a bout of natio..

Blow-out U.S. jobs growth buoys dollar, hits stocks and bonds

Blow-out U.S. jobs growth buoys dollar, hits stocks and bonds

NEW YORK/LONDON (Reuters) -A blowout U.S. jobs report on Friday sent the dollar high..

US dollar set for 12th weekly gain after blowout jobs number

US dollar set for 12th weekly gain after blowout jobs number

NEW YORK (Reuters) – The dollar gained on Friday, headed for a 12th straight w..

European stocks hits third-straight weekly loss as yields surge

European stocks hits third-straight weekly loss as yields surge

(Reuters) -European shares advanced at the end of a turbulent week tracking Wall Str..

EU leaders resolve to boost economic security amid global tension

EU leaders resolve to boost economic security amid global tension

GRANADA, Spain (Reuters) – European Union leaders resolved on Friday to stre..

Analysis-Is the US strategy of engaging China working?

Analysis-Is the US strategy of engaging China working?

WASHINGTON (Reuters) – Early in the Biden administration, U.S. Secretary of St..

Renault brings in Volvo, CMA CGM for electric van project

Renault brings in Volvo, CMA CGM for electric van project

PARIS (Reuters) – Renault will work with fellow carmaker Volvo and shipping gr..

US FDA still not satisfied with Philips recall; stock falls over 9%

US FDA still not satisfied with Philips recall; stock falls over 9%

By Toby Sterling and Piotr Lipinski AMSTERDAM (Reuters) -The U.S. Food and Drug Adm..

ECB’s Schnabel can’t rule out more hikes amid inflation risks

ECB’s Schnabel can’t rule out more hikes amid inflation risks

FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates aga..

GSK raises $1.1 billion from Haleon stake sale

GSK raises $1.1 billion from Haleon stake sale

(Reuters) -British drugmaker GSK on Friday said it raised 885.6 million pounds ($1.0..

UK’s J D Wetherspoon posts higher sales on resilient demand

UK’s J D Wetherspoon posts higher sales on resilient demand

(Reuters) -British pub group J D Wetherspoon said on Friday sales in the first nine..

Norway plans resource tax on onshore wind farms

Norway plans resource tax on onshore wind farms

OSLO (Reuters) – Norway will introduce a resource rent tax on onshore wind pow..

Finnair to raise $632 million to shore up finances

Finnair to raise $632 million to shore up finances

STOCKHOLM (Reuters) -Finnish airline Finnair said on Friday it planned to raise up t..

Explainer-Why are British lender Metro Bank’s shares plunging?

Explainer-Why are British lender Metro Bank’s shares plunging?

LONDON (Reuters) – Mid-sized British lender Metro Bank saw its shares plunge m..

Oil prices fall again; demand worries outweigh tight supply

Oil prices fall again; demand worries outweigh tight supply

HOUSTON (Reuters) -Oil prices fell about 2% on Thursday, extending the previous se..

UK to examine Amazon and Microsoft’s cloud dominance

UK to examine Amazon and Microsoft’s cloud dominance

LONDON (Reuters) -Britain’s media regulator on Thursday asked the country̵..

Analysis-When, not if, Europe copies Wall Street share trading reform

Analysis-When, not if, Europe copies Wall Street share trading reform

LONDON (Reuters) – The European Union, Britain and Switzerland have little cho..

Citigroup outlines layoff process, reassignments as overhaul takes shape

Citigroup outlines layoff process, reassignments as overhaul takes shape

By Lananh Nguyen, Saeed Azhar and Tatiana Bautzer NEW YORK (Reuters) -Citigroup man..

Dollar, stocks slip amid still tight U.S. labor market

Dollar, stocks slip amid still tight U.S. labor market

NEW YORK/LONDON (Reuters) -The dollar eased and a gauge of global equities slipped o..

Greedy beast’ of inflation not yet defeated, Bundesbank chief says

Greedy beast’ of inflation not yet defeated, Bundesbank chief says

FRANKFURT (Reuters) – Euro zone inflation is falling but the fight is not yet..

Pound dips after weak UK construction data, BoE survey

Pound dips after weak UK construction data, BoE survey

By Samuel Indy   LONDON (Reuters) – The British pound dipped against the..