Goldman, J.P.Morgan cut UK’s 2023 growth forecast
(Reuters) -Goldman Sachs and J.P.Morgan on Wednesday cut their full-year growth forecast for the UK’s gross domestic product (G..
News
All Posts
ABB invests $280 million in new robotics factory in Sweden
ZURICH (Reuters) – ABB is spending $280 million on a new robotics factory in Sweden, the Swiss engineering and technology group..
News
Aviva to sell Singlife joint venture stake for $1 billion
LONDON (Reuters) -Aviva is quitting its Singlife joint venture, selling its 25.9% stake in Singapore Life Holdings and two debt instru..
News
Sterling drops after UK economy contracts by more than expected
LONDON (Reuters) – The British pound declined against the dollar and euro on Wednesday after data showed British economic outpu..
News
Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices
MADRID (Reuters) -Zara owner Inditex reported on Wednesday a jump of 40% in profit for the six months to July amid higher sales compa..
News
Oil near 10-month peak on supply tightness, US inflation data awaits
By Yuka Obayashi and Muyu Xu (Reuters) -Oil rose on Wednesday, firming its ground near a 10-month peak reached during trading a day e..
News
EY to create 1,000 jobs in N. Ireland, kicking off investment conference
LONDON (Reuters) – Professional services firm EY will create 1,000 jobs in Northern Ireland over the next five years, the Briti..
News
Boeing deliveries decrease in August as it wrestles with manufacturing defect
By Valerie Insinna WASHINGTON (Reuters) – Boeing delivered 35 planes in August, its lowest number since April, as it struggles ..
News
Nothing to toast as Italy loses wine-making leadership to France
ROME (Reuters) – Wine output in Italy looks set to fall 12% this year to below 44 million hectolitres after extreme weather and..
News
UK, Japanese, Italian partners agree next steps for fighter jet
LONDON (Reuters) – Britain’s BAE Systems, Japan’s Mitsubishi Heavy Industries, and Italy’s Leonardo have agre..
News
FTSE 100 rises on peak rate bets; Smurfit Kappa slumps on WestRock deal
(Reuters) – UK’s FTSE 100 index inched higher on Tuesday after labour data signalled that the Bank of England might be nea..
News
UK jobless rate rises but wage growth points to another rate hike
By Andy Bruce and David Milliken LONDON (Reuters) -Britain’s labour market showed more signs of cooling in the three months thr..
News
Russian plane with 159 aboard makes emergency landing in Novosibirsk region – agencies
(Reuters) – Russia’s Ural Airlines plane with 159 people aboard and flying from Sochi to Omsk made an emergency landing i..
News
Asian stocks steady, Japan, China central banks interrupt dollar’s ascent
By Tom Westbrook SINGAPORE (Reuters) – Asian stock markets edged up on Tuesday while comments from central banks in China and J..
News
Brent holds above $90; traders eye U.S., European interest rates as guide to demand
By Stephanie Kelly and Jeslyn Lerh SINGAPORE (Reuters) -Brent crude futures held above $90 a barrel on Tuesday, while investors await..
News
BoE’s Mann says better to err towards over-tightening rates
By Andy Bruce and David Milliken LONDON (Reuters) -Bank of England policymaker Catherine Mann said on Monday that it was too soon for..
News
Global companies to hike security spending as threats rise – survey
By Kate Holton LONDON (Reuters) – Almost half of security chiefs at the world’s biggest companies expect to increase thei..
News
Ripe for change? Activist investors eye food, consumer goods firms
LONDON (Reuters) – In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Dano..
News
AstraZeneca shares fall 4% to 7-1/2 week low
LONDON (Reuters) -Shares in London-listed drugmaker AstraZeneca fell more than 4% on Monday, sliding to their lowest since July 19. T..
News
BMW to invest $750 million in UK plants to take Mini fully electric
By Nick Carey LONDON (Reuters) -BMW said on Monday it will invest 600 million pounds ($750 million) in its UK plants to take its Mini..
News
All of UK retailer Wilko’s stores to shut, risking 12,500 jobs
LONDON (Reuters) -Failed retailer Wilko will disappear from British high streets next month, as its entire chain of 400 homeware stor..
News
England confirms 34 COVID cases linked to highly mutated variant – UKSHA
(Reuters) – UK Health Security Agency (UKSHA) said on Friday that 34 COVID-19 cases linked to the highly mutated variant BA.2.8..
News
G20 chair India says leaders’ statement almost ready
NEW DELHI (Reuters) – The G20 leaders’ communique is almost ready to be presented to those attending the weekend summit o..
News
Italy, France agree to postpone closure of Mont Blanc tunnel by a year
MILAN (Reuters) – Key maintenance works on the Mont Blanc tunnel between Italy and France have been postponed until September n..
News
As deadly Greek rainstorm ebbs, a trail of devastation emerges
KARDITSA, Greece (Reuters) -Hundreds of people were stranded without food or water for a third day in Greece after a devastating rains..
News
London-listed SPAC moves closer to launch of Lloyd’s insurance vehicle
LONDON (Reuters) – A London-listed special purpose acquisition company has moved closer to launching a vehicle designed to give..
News
German inflation eases to 6.4% in August
BERLIN (Reuters) – German inflation eased in August to 6.4%, the federal statistics office said on Friday, confirming prelimina..
News
Top 10 car battery brands
In the world of automobiles, reliability isn’t just a desirable trait; it’s an absolute necessity. The heartbeat of a veh..
Opinion
Gazprom’s board to consider buying shares
MOSCOW (Reuters) – The board of Russian natural gas giant Gazprom said on Tuesday that it will consider buying shares of the com..
News
Tonix’s long COVID drug fails to meet mid-stage trial goal
(Reuters) – Tonix Pharmaceuticals Holding Corp said on Tuesday its experimental drug failed to meet the primary goal in a mid-s..
News
Exclusive-Shell, Trinidad weigh Venezuela’s natural gas investment demands
By Curtis Williams and Marianna Parraga HOUSTON (Reuters) – Shell and Trinidad and Tobago’s National Gas Company (NGC) ar..
News
Euro zone producer prices drop for seventh month in July
BRUSSELS (Reuters) – Euro zone producer prices fell for a seventh consecutive month in July, data showed on Tuesday, with figur..
News
UK investors’ stocks sell-off accelerates, ESG ‘boom ends’ – Calastone
LONDON (Reuters) – Investors in Britain dumped both stocks and bonds in August as they continued to opt for the safety of cash ..
News
Vodafone teams up with Amazon’s Project Kuiper to extend 5G reach
LONDON (Reuters) – Vodafone plans to work with Amazon’s low Earth orbit satellite constellation Project Kuiper to extend ..
News
Equipment rental firm Ashtead lowers UK rental revenue outlook, shares fall
(Reuters) -British equipment rental firm Ashtead Group on Tuesday lowered its annual UK rental revenue growth forecast to 6%-9% from ..
News
Russian services activity grows in Aug at fastest rate in five months -PMI
MOSCOW (Reuters) – Activity in Russia’s services sector grew at the fastest rate in five months in August as the sharpest..
News
ECB chief economist says easing inflation welcome but must continue
DUBLIN (Reuters) – An easing in goods and services inflation in flash data last week is welcome but needs to continue, European..
News