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Britain launches trade system for developing countries

Britain launches trade system for developing countries

LONDON (Reuters) – Britain has launched a scheme to extend tariff cuts to hundreds of products, such as clothes and food, from d..

Sterling little changed after mixed labour market data

Sterling little changed after mixed labour market data

By Samuel Indyk LONDON (Reuters) – The British pound was little changed on Tuesday, having briefly fallen to its lowest level in..

UK’s hot labour market cools and inflation eats pay

UK’s hot labour market cools and inflation eats pay

By William Schomberg and David Milliken LONDON (Reuters) -Britain’s super-hot labour market showed signs of cooling in official ..

Bill Gates, South Korea expand global health partnership

Bill Gates, South Korea expand global health partnership

By Joori Roh and Joyce Lee SEOUL (Reuters) – South Korea agreed on Tuesday to expand its global health partnership with the foun..

BP solar joint venture expanding in Australia with two new projects

BP solar joint venture expanding in Australia with two new projects

By Sonali Paul MELBOURNE (Reuters) – Solar developer Lightsource bp is set to reach financial close later this year on two new s..

Rouble weakens towards 62 vs dollar, stocks up

Rouble weakens towards 62 vs dollar, stocks up

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) R..

Turkey says five more grain ships leave Ukrainian ports

Turkey says five more grain ships leave Ukrainian ports

ISTANBUL (Reuters) – Five more ships have left Ukrainian ports carrying corn and wheat, three from Chornomorsk and two from Pivd..

Delivery Hero sees higher gross merchandise value in third quarter

Delivery Hero sees higher gross merchandise value in third quarter

(Reuters) -German online takeaway food company Delivery Hero on Tuesday forecast a 7% jump in its third-quarter gross merchandise valu..

Average annual UK grocery bill highest since at least 2008 -industry data

Average annual UK grocery bill highest since at least 2008 -industry data

LONDON (Reuters) – UK grocery inflation hit 11.6% in August, the highest level since at least 2008, adding 533 pounds ($642) to ..

UK to offer COVID booster to all adults from September

UK to offer COVID booster to all adults from September

By Natalie Grover LONDON (Reuters) -All adults in the United Kingdom will be offered a COVID-19 booster starting from September, healt..

Factbox-Europe’s efforts to shield households from soaring energy costs

Factbox-Europe’s efforts to shield households from soaring energy costs

By Bozorgmehr Sharafedin (Reuters) – Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in ..

Stocks, U.S. dollar gain despite surprise weak China data

Stocks, U.S. dollar gain despite surprise weak China data

By Chibuike Oguh New York (Reuters) – Global equities and the U.S. dollar advanced on Monday despite weaker-than-expected econom..

UK first to approve Omicron COVID shot with Moderna nod

UK first to approve Omicron COVID shot with Moderna nod

By Natalie Grover LONDON (Reuters) -Britain, the first country to approve a coronavirus vaccine in late 2020, has now also given the f..

Explainer-Why Europe faces climbing energy bills

Explainer-Why Europe faces climbing energy bills

By Nina Chestney A global surge in wholesale power and gas prices means households across Europe face much higher energy bills this ye..

Stocks struggle as China rate cut sends oil tumbling

Stocks struggle as China rate cut sends oil tumbling

By Huw Jones LONDON (Reuters) – Global shares struggled to advance on Monday while investors digested news of an unexpected cut ..

Rouble falls past 61 vs dollar as conversion of depository receipts begins

Rouble falls past 61 vs dollar as conversion of depository receipts begins

MOSCOW (Reuters) -The rouble slid past 61 to the dollar on Monday as the conversion of depository receipts in Russian companies to loc..

FTSE 100 up as AstraZeneca gains offset commodity losses

FTSE 100 up as AstraZeneca gains offset commodity losses

By Sruthi Shankar (Reuters) -UK’s FTSE 100 edged up on Monday as gains in drugmaker AstraZeneca and consumer stocks relieved pre..

Tennis-Murray returns to Britain’s Davis Cup squad

Tennis-Murray returns to Britain’s Davis Cup squad

(Reuters) – Three-times Grand Slam champion Andy Murray has been included in Britain’s team for the group stage of the Dav..

SAS bridge financing keeps survival hopes airborne, shares climb

SAS bridge financing keeps survival hopes airborne, shares climb

STOCKHOLM (Reuters) – Scandinavian airline SAS kept its bid for survival aloft at the weekend by securing bridge financing throu..

European shares edge higher on healthcare lift, weak China data stokes worries

European shares edge higher on healthcare lift, weak China data stokes worries

By Sruthi Shankar (Reuters) -European shares hovered near two-month highs on Monday, as signs of a slowing Chinese economy prompted in..

Prince Harry and Meghan to visit Britain next month

Prince Harry and Meghan to visit Britain next month

LONDON (Reuters) – Prince Harry and his wife Meghan will visit Britain and Germany in the first week of September as part of the..

China regulator says Alibaba, Tencent have submitted app algorithm details

China regulator says Alibaba, Tencent have submitted app algorithm details

SHANGHAI (Reuters) – China’s top internet watchdog said on Friday tech giants such as Tencent Holdings and Alibaba Group h..

Sterling falls vs dollar as focus turns to UK data

Sterling falls vs dollar as focus turns to UK data

LONDON (Reuters) – The British pound fell on Monday against a broadly stronger dollar at the start of a week where traders and t..

Biotech stocks pin bounce back hopes on M&A boost

Biotech stocks pin bounce back hopes on M&A boost

By Amruta Khandekar and Leroy Leo (Reuters) – Plunging valuations have made biotech companies tempting acquisition targets for c..

Automakers scramble to decode new U.S. EV tax credits

Automakers scramble to decode new U.S. EV tax credits

By David Shepardson and Joseph White WASHINGTON (Reuters) – U.S. automakers and dealers are scrambling to figure out if they can..

U.S. inflation outlook brightens as import prices fall, consumer sentiment rises

U.S. inflation outlook brightens as import prices fall, consumer sentiment rises

(Reuters) – U.S. import prices fell for the first time in seven months in July, helped by a strong dollar and lower fuel and non..

Mercedes Benz becomes first partner of CATL’s new Hungary battery plant

Mercedes Benz becomes first partner of CATL’s new Hungary battery plant

BERLIN (Reuters) -Mercedes-Benz is the first carmaker to receive cells from a new 7.34 billion euro ($7.56 billion) battery factory Ch..

Britain considers energy bill subsidy for industrial firms

Britain considers energy bill subsidy for industrial firms

LONDON (Reuters) -Britain is considering plans to subsidise power bills for energy intensive industries such as steel and cement, in a..

German regulator calls on Allianz to improve controls – source

German regulator calls on Allianz to improve controls – source

FRANKFURT (Reuters) – Germany’s financial watchdog BaFin has called on Allianz to improve its internal controls following ..

Risk of new wildfires in southwestern France as heatwave persists

Risk of new wildfires in southwestern France as heatwave persists

By Stephane Mahe and Manuel Ausloos SAINT-MAGNE, France (Reuters) – High temperatures and a worsening drought brought a high ris..

FTSE 100 climbs on smaller-than-expected GDP contraction, GSK rebound

FTSE 100 climbs on smaller-than-expected GDP contraction, GSK rebound

By Sruthi Shankar (Reuters) – London’s FTSE 100 rose on Friday after data showed Britain’s economy contracted less t..

Flutter’s full-year earnings turnaround forecast sends shares higher

Flutter’s full-year earnings turnaround forecast sends shares higher

DUBLIN (Reuters) -Flutter posted a 20% fall in first-half earnings but saw no sign of cash-strapped customers betting less and expects..

Oil prices slip on cloudy demand outlook, but poised for weekly gain

Oil prices slip on cloudy demand outlook, but poised for weekly gain

By Sonali Paul and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices dropped in Asia trade on Friday amid an uncertain demand outlook, thoug..

Walmart’s long-lasting challenge: luring budget shoppers back to its stores

Walmart’s long-lasting challenge: luring budget shoppers back to its stores

By Arriana McLymore and Siddharth Cavale (Reuters) – Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted ..

Switch from gas boosts oil demand, but economic headwinds loom – IEA

Switch from gas boosts oil demand, but economic headwinds loom – IEA

By Noah Browning LONDON (Reuters) – Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power g..

Australian state balks at energy company’s request for help with LNG import terminal

Australian state balks at energy company’s request for help with LNG import terminal

By Sonali Paul MELBOURNE (Reuters) – The Australian state of New South Wales on Thursday poured cold water on a proposal for gov..

Deutsche Telekom lifts profit view, aims for T-Mobile majority soon

Deutsche Telekom lifts profit view, aims for T-Mobile majority soon

By Supantha Mukherjee STOCKHOLM (Reuters) -Deutsche Telekom on Thursday raised its annual earnings forecast for the second time after ..