UK economy returns to growth in August after two months of stagnation
By Suban Abdulla and Andy Bruce LONDON (Reuters) -Britain’s economy grew in August after two consecutive months of stagnation, p..
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Hungary’s economy to get boost from housing next year, PM Orban says
By Gergely Szakacs and Anita Komuves BUDAPEST (Reuters) -Hungary’s economic growth will accelerate substantially in the f..
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Dutch economy minister pushes for European chip industry coalition
ROME (Reuters) – The Dutch economy minister said on Thursday he wants to form a European Union “coalition of the wi..
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Tesla to give permanent jobs to 500 temporary staff at German gigafactory
FRANKFURT (Reuters) -Tesla on Thursday said it would give permanent jobs from Nov. 1 to 500 temporary workers at its German gig..
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Spain’s top fashion retailers to launch trial to collect clothes waste in 2025
By Corina Pons MADRID (Reuters) – Spain’s largest fashion companies will start collecting discarded clothes from Ap..
Business
IKEA sales fall 5% after price cuts amid weak housing market
By Helen Reid LONDON (Reuters) – IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid..
Business
UK property market strengthens, pressure on renters intensifies, RICS says
LONDON (Reuters) – Britain’s housing market recovered further last month, according to property surveyors who said house p..
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Hurricane Milton leaves Florida with less damage than feared
By Leonara LaPeter Anton and Brad Brooks ST. PETERSBURG, Florida (Reuters) -Hurricane Milton plowed into the Atlantic Ocean on Thursda..
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Britain outlines details of closely watched workers’ rights plan
LONDON (Reuters) -Britain’s Labour government set out its plans on Thursday for the biggest change to employment law in a genera..
Business
Sterling hovers near one-month low ahead of US inflation print
LONDON (Reuters) – The pound was flat on Thursday, hovering near its lowest level against the dollar in a month, as trade..
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French government to present 2025 belt-tightening budget
By Leigh Thomas PARIS (Reuters) – France’s government is to deliver its 2025 budget on Thursday with plans for 60 b..
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Britain sets out funding model for renewable energy storage projects
By Susanna Twidale LONDON (Reuters) – Britain will offer developers of renewable energy storage projects, such as pumped ..
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Multilateral banks could lend up to $480 billion more before rating downgrades, Fitch says
(Reuters) – A dozen of the largest multilateral development banks could collectively lend a further half-trillion dollars..
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Insurer Aviva secures $2 billion pensions buy-in
LONDON (Reuters) – British insurer Aviva has completed a 1.5 billion pound ($1.96 billion) bulk annuity buy-in deal with ..
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Stocks, US yields up after Fed minutes; inflation data on deck
By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks advanced on Wednesday along with U.S. Treasury yields, as minutes from t..
Finance
Ratan Tata, who put India’s Tata Group on the global map, dies at 86
By Abhirup Roy (Reuters) – Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate o..
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Online shopping returns to growth in Europe amid fierce competition
By Helen Reid LONDON (Reuters) – Recovering consumer confidence has boosted online shopping in Europe this year, industry group ..
Business
Nobel chemistry prize 2024 goes to trio of protein pioneers
By Johan Ahlander, Niklas Pollard, Marie Mannes STOCKHOLM (Reuters) -U.S. scientists David Baker and John Jumper and Briton Demis Hass..
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Spain grants $146 million subsidy to Stellantis for potential EV battery plant
MADRID (Reuters) – Spain has granted automaker Stellantis a 133 million euro ($146 million) subsidy for its potential bat..
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Dollar steady, focus on Fed path, China, Middle East
By Alden Bentley and Medha Singh NEW YORK/LONDON (Reuters) – The dollar held steady near seven-week highs against major currenci..
Trading
UK population rises to 68.3 million, driven by immigration
LONDON (Reuters) – The United Kingdom’s population grew by 1% in annual terms to 68.3 million as of mid-2023, mainly due t..
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Online retailer Shein’s 2023 sales hit $2 billion in UK
By Helen Reid (Reuters) -Shein’s British business made 1.55 billion pounds ($2 billion) in revenue in 2023, a filing by the on..
Business
Bank of Portugal cuts growth forecast for this year and next
By Sergio Goncalves LISBON (Reuters) -The Bank of Portugal on Tuesday lowered the economic growth outlook for this year to 1.6% from t..
Finance
Thirty marathons in 30 days: Briton tests his stamina to raise funds for rare disease
By Horaci Garcia and Nacho Doce BARCELONA (Reuters) – When Mike Humphreys finished his 42 kilometre (26.1 miles) run in B..
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Europe launches Hera asteroid probe on SpaceX rocket
PARIS (Reuters) – Europe’s Hera asteroid probe blasted off from Florida on a SpaceX rocket on Monday, beginning a t..
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Global money market funds draw large inflows in the week to Oct. 2
(Reuters) – Global money market funds attracted large inflows in the week to Oct. 2 as investor caution ahead of a key U...
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Greece’s growth seen nearly unchanged in 2025, draft budget shows
By Lefteris Papadimas ATHENS (Reuters) – The Greek government is forecasting economic growth of 2.3% in 2025, outperformi..
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Exclusive-Samsung Electronics says it is not interested in spinning off foundry business
By Neil Jerome Morales and Heekyong Yang MANILA/SEOUL (Reuters) – Samsung Electronics is not interested in spinning off i..
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Pfizer wins bid to invalidate GSK’s patents over RSV vaccine
LONDON (Reuters) – Pfizer on Monday won a bid in a London court to invalidate two of GSK’s patents relating to a re..
News
Manchester-based mobile network sees unprecedented growth and attracts major investment.
With over 45% of adults in the UK struggling to manage their domestic bills and credit commitments, millions are left without access t..
Finance
Italgas sees double-digit income growth to 2030, ups minimum dividend rise
By Francesca Landini and Cristina Carlevaro MILAN (Reuters) -Italy’s biggest gas distributor Italgas expects double-digit..
Finance
Adani Group in talks to buy Heidelberg’s Indian cement operations, paper says
BENGALURU (Reuters) -The Adani Group is in talks to buy the Indian cement operations of Germany’s Heidelberg Materials in..
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Japan leads Asia stock rally, dollar firms after blowout US payrolls
By Kevin Buckland TOKYO (Reuters) – Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Mon..
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Factbox-2024 Nobel prizes announced this week
STOCKHOLM (Reuters) – The Nobel prizes are to be announced this week, starting with the award for medicine or physiology ..
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Soccer-Beleaguered Man United battle to 0-0 draw at Villa
BIRMINGHAM, England (Reuters) -Manchester United ground out a 0-0 draw at Aston Villa on Sunday with the club suffering their w..
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UK pay growth weakest since February 2021, REC survey show
LONDON (Reuters) – Britain’s jobs market showed more signs of cooling in September as pay growth increased at the s..
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ECB will probably cut rates in Oct on risk of too low inflation: Villeroy
FRANKFURT (Reuters) – The European Central Bank will probably cut interest rates on Oct 17 as economic growth is weak and..
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