First Abu Dhabi Bank could renew $35 billion offer for StanChart -Bloomberg News
By Lawrence White LONDON (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, could renew a p..
Finance
Finance
Italy inflation-adjusted retail sales fell in 2022
ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with cons..
Finance
Stocks, dollar pause ahead of Powell, Biden speeches
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – A gauge of global equities edged lower and the dollar inched up on Tu..
Finance
UK house prices stabilise after four-month fall, Halifax says
LONDON (Reuters) – British house prices were unchanged in January after falling in month-on-month terms in each of the previous ..
Finance
Marketmind: Rates start to bite
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks on Tuesday come off the..
Finance
Bank of England’s Mann doubles down on backing for rate hikes
By Gergely Szakacs BUDAPEST (Reuters) – Bank of England rate-setter Catherine Mann on Monday backed further increases in interes..
Finance
Central banks hike rates again, but a pause is coming
LONDON (Reuters) – Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns...
Finance
Fed rates up, BoE up, ECB up, stocks up
By Marc Jones LONDON (Reuters) – Higher stock markets showed the bulls were still firmly in charge on Thursday as the European Central Bank and ..
Finance
Trustly closes acquisition of Ecospend – becoming the leading Open Banking payments company in the UK
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Finance
Dollar falls to nine-month low as Powell notes progress in disinflation
By Karen Brettell NEW YORK (Reuters) – The dollar extended losses on Wednesday and fell to a nine-month low against a basket of ..
Finance
UK shop price inflation hits record 8% in January: BRC
By David Milliken LONDON (Reuters) – Prices in British shops in January were 8.0% higher than a year before, the biggest annual ..
Finance
Euro zone economic sentiment rises in January to seven-month high
BRUSSELS (Reuters) -Euro zone economic sentiment rose to a seven-month high in January on more optimism across all sectors except cons..
Finance
Euro rises after Spanish CPI, dollar slips towards 8-mth low
By Samuel Indyk and Rae Wee LONDON (Reuters) – The euro rose on Monday after unexpectedly high Spanish inflation data raised exp..
Finance
Stocks, dollar gain on resilient U.S. economy
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – A gauge of global stock performance rose and the dollar strengthened o..
Finance
Bank of England set to hike to 4% as rate peak looms
By David Milliken LONDON (Reuters) – The Bank of England looks on course to raise its main interest rate by half a percentage po..
Finance
German inflation rate to ease over course of 2023 – econ minister
BERLIN (Reuters) – German inflation will remain high at the beginning of 2023 before easing over the course of the year, Economy..
Finance
Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicle..
Finance
UK income inequality widens after pandemic dip
By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021/22 financial year after a d..
Finance
Global 2023 economic view downgraded, at odds with market optimism: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Global economic growth is forecast to barely clear 2% this year, according to a Reuters pol..
Finance
Cryptoverse: Bitcoin investors take control
(Corrects paragraph 8 to show big investors were responsible for about 68% of the flows) By Lisa Pauline Mattackal and Medha Singh (Re..
Finance
Digital euro will be free but limited in scope, ECB says
FRANKFURT (Reuters) – The digital version of the euro currency will be free to use and available to all but the European Central..
Finance
Stocks, euro gain amid divergent Fed, ECB rate hike outlooks
By Herbert Lash NEW YORK (Reuters) -Global equity markets surged on Monday as easing recession fears and hopes of a less aggressive Fe..
Finance
Tell.money attracts Payments Industry Heavyweight as Non Executive Chair
Tell.money, the fintech company that delivers innovative and rapidly deployable Open Banking services for Banks and other accou..
Finance
YFM leads follow-on investment into leading elearning authoring platform Elucidat
Investment will fund expansion of Brighton-based Elucidat’s international customer base, which includes Tesco, Kingfisher, Me..
Finance
Analysis-Bond traders get their swagger back in rate-obsessed markets
By Lananh Nguyen NEW YORK (Reuters) – Bond traders are stars again on Wall Street. Fixed income, currencies and commodities (FIC..
Finance
KBW Bolsters European Investment Banking Franchise
Alistair McKay Named Head of European Investment Banking; Additional Managing Director Hires Announced Keefe, Bruyette & Wo..
Finance
VIVID secures sector leading funding package from Barclays
VIVID announces a new wide ranging £110m funding package from Barclays Corporate Banking. This includes what is believed to be ..
Finance
Global stocks advance ahead of U.S. inflation data
By Sinéad Carew and Huw Jones NEW YORK/LONDON (Reuters) – Wall Street equities followed Europe’s higher on Wednesday as in..
Finance
Move over TINA, it’s time for TARA
(Refiles to change title in paragraph four to CIO from chief executive for Global Fixed Income at PIMCO. No other changes to text) By ..
Finance
The Infraction Point
By: Sabine Saadeh Financial Trader and Writer The assiduity of investors in relation to macro and micro economic factors t..
Finance
The war on inflation: a fair fight, or a losing battle?
David Absolon, Investment Director, Handelsbanken Wealth & Asset Management Central banks across developed economies have faced a ..
Finance
New Year resolutions could help Brits retire almost a decade earlier than planned
New survey reveals that cash-strapped Brits are prepared to give up takeaways, nights out, takeaway coffees, TV subscriptions and more..
Finance
Bahrain based fintech IPS extends its collaboration with BPC
Leading payment solutions provider BPC has extended its collaboration with Bahrain-based International Payment Services B.S.C ..
Finance
Inflation fighting central bankers air climate role doubts
By Francesco Canepa and Lindsay Dunsmuir STOCKHOLM (Reuters) -Some of the world’s top central bankers aired concerns about being..
Finance
How can young professionals manage financial woes and plan for the future amidst the cost-of-living crisis?
By Luke Turner, Financial Advisor, AHR Private Clients With inflation continuing to soar and the Bank of England raising i..
Finance
Finance
World Bank warns global economy could easily tip into recession in 2023
World Bank warns global economy could easily tip into recession in 2023
By David Lawder WASHINGTON (Reuters) – The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession..
Finance
Analysis-Central Europe’s path to lower inflation strewn with hazards
By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s 25 basis point rate hike on Tuesday may signal an end to Central Europe&..
Finance