All Posts

Rosneft sues Berlin over takeover of its German unit

Rosneft sues Berlin over takeover of its German unit

BERLIN (Reuters) – Russian state energy giant Rosneft has filed a complaint with a top court in Germany against the government f..

European airlines see travel withstanding consumer squeeze for now

European airlines see travel withstanding consumer squeeze for now

By Sarah Young and Klaus Lauer LONDON (Reuters) – British Airways-owner IAG, Europe’s biggest airline Ryanair and rival ea..

Hot U.S. inflation data reignites global selloff

Hot U.S. inflation data reignites global selloff

By Marc Jones LONDON (Reuters) – MSCI’s global stock index lurched to a July 2020 low and dollar and bond market borrowing..

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 high annual sales on Thursday as price hikes and ea..

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 consumers to reduce their energy usage “where pos..

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 Thursday, with a Holocaust survivor due to preside ove..

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 reverse the fastest drop in financial sector senti..

Britain’s bond market turmoil

Britain’s bond market turmoil

LONDON (Reuters) – British government borrowing costs hit a 20-year high on Wednesday after Bank of England Governor Andrew Bail..

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 Governor Andrew Bailey has been unequivocal: the cent..

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 how, when and whether to cap gas prices loomed over..

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 European Union’s limit of 3% of gross domestic pro..

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 looks set to go into recession as data showed it ..

Why use an R&D grants consultancy?

Why use an R&D grants consultancy?

By Emma Lewis, Myriad Associates    The world of business is cut-throat and volatile. Knowledge is power, and innovation ..

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 electricity prices, Swedish energy minister Khasha..

Mercedes-Benz and Microsoft collaborate on supply chain data platform

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..

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 its missile attacks on Monday and Tuesday, Ukraine&..

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” in underlying net profit for the first nine ..

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, possibly bringing its content moderation in line wi..

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 reality headset on Tuesday, marking a milestone for C..

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 defences and steeling itself for the possibility of w..

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 balance sheet once its interest rate is close to 2%, f..

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

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

MADRID (Reuters) – Caixabank, Spain’s biggest lender by domestic assets, has proposed a sector-wide measure to cushion the..

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 repricing in markets, saying global financial stab..

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 racing to raise hundreds of billions of pounds to sho..

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 gas shortage caused by Russia’s war on Ukra..

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 global index of stocks hit its lowest level in alm..

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 Tuesday in a volatile session, in which the Bank o..

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 minimum percentage of recycled material in its vehicle..

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. dollar edged higher in choppy trading on Tuesday, add..

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 started burning hundreds of his artworks on Tuesday af..

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 in Britain’s 2.1 trillion pound ($2.3 trillio..

EU countries eye deal on more energy measures within weeks

EU countries eye deal on more energy measures within weeks

By Kate Abnett BRUSSELS (Reuters) – European Union countries will seek a November deal on more emergency measures to tackle high..

Factbox-European companies offer one-off bonuses, hike pay amid cost-of-living crisis

Factbox-European companies offer one-off bonuses, hike pay amid cost-of-living crisis

(Reuters) -Companies across Europe are offering one-off bonuses and are under pressure to increase pay to help staff with surging food..

Banking crisis breakthroughs win Nobel economics prize for Bernanke, Diamond, Dybvig

Banking crisis breakthroughs win Nobel economics prize for Bernanke, Diamond, Dybvig

By Simon Johnson and Johan Ahlander STOCKHOLM (Reuters) – A trio of U.S. economists including former Federal Reserve Chair Ben..

Sterling slides as bets for aggressive U.S. tightening boost dollar

Sterling slides as bets for aggressive U.S. tightening boost dollar

By Alun John LONDON (Reuters) -Sterling slid versus the dollar on Monday after Friday’s strong U.S. labour market data supported..

Renault and Nissan in talks that could reshape autos alliance

Renault and Nissan in talks that could reshape autos alliance

By Gilles Guillaume and Satoshi Sugiyama PARIS/TOKYO (Reuters) -Renault and Nissan said on Monday they were in talks about the future ..

Factbox-How Germany’s gas price brake is helping reeling industry

Factbox-How Germany’s gas price brake is helping reeling industry

FRANKFURT (Reuters) – A German expert commission that has been charged with drawing up plans to ease the impact of high gas pric..