Britain needs finance sector strategy to tap foreign billions, report says
LONDON (Reuters) – Britain could attract up to 7.7 billion pounds ($10.2 billion) in additional foreign sovereign investment by ..
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Global health fund says health, climate, conflict ‘triple whammy’ hits world’s poorest
By Jennifer Rigby LONDON (Reuters) – Climate change and conflict risk overshadowing efforts to improve people’s hea..
News
ING bank tightens restrictions on oil and gas lending
By Virginia Furness and Simon Jessop Dutch lender ING is further restricting access to finance for some oil and gas companies a..
News
Hims & Hers offers compounded Wegovy for $99 a month to select professions
By Amina Niasse NEW YORK (Reuters) – U.S. telehealth company Hims & Hers Health on Wednesday said it will sell compou..
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Fed’s Powell: Central bank forecasts don’t point to urgent action
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Wednesday that central bank forecast..
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Fed policymakers see end-2024 policy rate at 4.4%: projections
WASHINGTON (Reuters) – U.S. central bankers think they’ll need to lower interest rates to a range of 4.25%-4.50% by year-end, ..
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Artificial heart maker Carmat’s shares slide on $11.5 million capital hike
(Reuters) -Artificial heart maker Carmat announced a capital increase of an initial 10.3 million euros ($11.5 million) on Wednesday ..
News
UK supermarket sales growth slows after summer holidays
LONDON (Reuters) – British supermarket sales growth slowed over the last month as consumers trimmed spending after their summer ..
Business
French millers face long grind as rain-hit wheat harvest comes in
PARIS (Reuters) – Flour mills in France are facing higher costs and a long search for grain as they feel the effects of a dire w..
Business
London stocks drop after inflation data, focus shifts to Fed
By Lisa Pauline Mattackal and Medha Singh (Reuters) -British stock indexes dropped on Wednesday as investors reined in bets on interes..
Finance
Sterling rises after UK inflation data and ahead of Fed
By Linda Pasquini LONDON (Reuters) – The British pound rose against the dollar on Wednesday after UK inflation data boosted the ..
Trading
With Fed’s rate cut at hand, debate swirls over how large a move
By Howard Schneider WASHINGTON (Reuters) -The Federal Reserve on Wednesday will lower interest rates for the first time in more than f..
News
US stocks flat, dollar lower as traders brace for Fed easing
By Isla Binnie and Sruthi Shankar NEW YORK (Reuters) -Wall Street’s main stock indexes were broadly flat in early trade on Wedne..
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US dollar edges lower as traders await Fed rate cut decision
By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar edged lower against major currencies on Wednesday, giving up some of its overni..
Finance
How some hedge funds would trade a rate cutting cycle
By Nell Mackenzie LONDON (Reuters) -While many investors hope falling interest rates will usher in a soft economic landing, others for..
Finance
How To Get Started With Copy Trading For Beginners
Discover how to get started with copy trading for beginners. Notably, copy trading is one of the easiest ways to capitalize on an expe..
Trading
UK’s Asda says retail veteran Stuart Rose to lead business
By James Davey LONDON (Reuters) -British supermarket group Asda, which has been losing market share, said its chairman, veteran..
Business
Oil prices edge higher on US crude stocks, market awaits Fed decision
By Laila Kearney NEW YORK (Reuters) -Oil prices were up on Wednesday on falling crude inventories in the United States, whiles the mar..
News
Spain allows BlackRock to take 20% stake in Naturgy, Cinco Dias reports
MADRID (Reuters) – The Spanish government has authorised BlackRock to take the 20% stake in power utility Naturgy it boug..
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UK inflation holds at 2.2% but services prices keep BoE on alert
By Suban Abdulla LONDON (Reuters) -British inflation held steady in August but sped up in the services sector which is closely ..
News
With Fed’s rate cut at hand, debate swirls over how big a move
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve on Wednesday almost certainly will lower interest rates fo..
News
Morning Bid: Traders still guessing in final Fed countdown
A look at the day ahead in European and global markets from Kevin Buckland With just hours until one of the most highly anticip..
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UAW to hold strike votes at Stellantis local chapters, union president says
By Nora Eckert and Abhirup Roy DETROIT (Reuters) -The United Auto Workers union plans to hold strike authorization votes at one..
News
French central bank sees consumer gains easing budget pains
PARIS (Reuters) – France’s economy is set to gain momentum in the coming two years as lower inflation boosts consum..
News
Instagram rolls out teen accounts with privacy, parental controls as scrutiny mounts
(Reuters) – Meta Platforms is rolling out enhanced privacy and parental controls for Instagram accounts of users under 18 in a s..
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French central bank sees consumer gains easing budget pains
PARIS (Reuters) – France’s economy is set to gain momentum in the coming two years as lower inflation boosts consumer spen..
News
Oil prices rise on supply shocks, prospect of US interest rate cuts
By Shariq Khan and Arunima Kumar NEW YORK (Reuters) -Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and..
News
Europe’s STOXX 600 at two-week closing high in lead-up to Fed rate decision
By Shubham Batra and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 recorded its highest closing level in two-weeks on Tuesday, ..
Finance
US stocks, dollar rise with eyes on Fed and strong data
By Isla Binnie NEW YORK (Reuters) -U.S. stocks followed European peers higher and the dollar firmed on Tuesday, as unexpectedly strong..
Finance
US dollar strengthens ahead of Fed rate cut move
By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar strengthened against most major currencies on Tuesday following better-than-exp..
Finance
Oil prices climb on hurricane impact ahead of US rate decision
By Nicole Jao NEW YORK (Reuters) -Oil prices rose on Monday as the ongoing impact of Hurricane Francine on output in the U.S. G..
News
FTSE 100 rises ahead of key central bank meetings
By Khushi Singh and Lisa Pauline Mattackal (Reuters) -London’s benchmark stock indexes ended higher on Monday, led by gai..
Finance
Daimler Truck eyes half of Europe sales from EVs in 2030
By Ilona Wissenbach and Andrey Sychev HANOVER, Germany (Reuters) -Daimler Truck, one of the world’s biggest commercial ve..
News
BP to sell its US onshore wind business
(Reuters) -BP plans to sell its U.S. onshore wind energy business, it announced on Monday, saying the assets were not aligned with its..
Business
Czech Republic reported bird flu outbreak on farm, WOAH says
PARIS (Reuters) – The Czech Republic has reported an outbreak of the highly pathogenic H5N1 strain of avian influenza, or..
News
US dollar hits more than one-year low as market eyes aggressive Fed rate cut
By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar fell to a more than one-year low versus the yen on Mond..
Finance
US stocks mixed, dollar weak on rate cut expectations
By Isla Binnie and Amanda Cooper NEW YORK/LONDON (Reuters) -Major stock indexes were mixed at the New York open on Monday and the doll..
Finance