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BoE’s Bailey says bank reforms worked but questions about liquidity buffers

BoE’s Bailey says bank reforms worked but questions about liquidity buffers

By Huw Jones (Reuters) -Bank of England Governor Andrew Bailey said bank reforms enacted after the global financial crisis of 2007-09..

G7 finance leaders pledge financial stability, supply chain diversity

G7 finance leaders pledge financial stability, supply chain diversity

By Christian Kraemer and David Lawder WASHINGTON (Reuters) -Group of Seven (G7) finance leaders pledged on Wednesday to take action t..

UK housing market weakness continues, improvement on the horizon – RICS

UK housing market weakness continues, improvement on the horizon – RICS

By Suban Abdulla LONDON (Reuters) – Britain’s housing market continued to feel the pinch of higher borrowing costs in Marc..

Dollar drops as inflation cools more than expected

Dollar drops as inflation cools more than expected

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expect..

Oil jumps on lower-than-expected US inflation data

Oil jumps on lower-than-expected US inflation data

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Res..

Enhance reflects on Q1 2023

Enhance reflects on Q1 2023

Enhance is the leading investment monitoring and advisory boutique for fiduciaries, family  offices and charities around the world. W..

Germany’s Merck to invest 300 million euros in US gas plant

Germany’s Merck to invest 300 million euros in US gas plant

(Reuters) -Germany’s Merck on Wednesday said it will invest about 300 million euros ($328 million) to develop an integrated spec..

Inflation trumps financial risks as central bank tightening set to continue

Inflation trumps financial risks as central bank tightening set to continue

By Howard Schneider, William Schomberg and Balazs Koranyi WASHINGTON/LONDON/FRANKFURT (Reuters) – Despite broad warnings about ..

UK recruiters slow pace of pay growth in March, REC survey shows

UK recruiters slow pace of pay growth in March, REC survey shows

By Suban Abdulla LONDON (Reuters) – Britain’s labour market showed signs of a slowing in the sharp pace of pay growth in M..

Norway wealth fund employee sues for workplace gender discrimination

Norway wealth fund employee sues for workplace gender discrimination

By Gwladys Fouche OSLO (Reuters) -A court in Oslo on Wednesday began hearing a gender discrimination case brought by an employee at No..

Mercedes posts rise in Q1 sales boosted by EVs, premium cars

Mercedes posts rise in Q1 sales boosted by EVs, premium cars

(Reuters) -Mercedes-Benz Group sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium c..

Pizza firm DP Eurasia delivers profit rise, evaluating Russian business

Pizza firm DP Eurasia delivers profit rise, evaluating Russian business

(Reuters) -DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, on Wednesday said it was still weighing options..

Truck maker Volvo posts record Q1 as sales, margins beat forecasts

Truck maker Volvo posts record Q1 as sales, margins beat forecasts

By Terje Solsvik OSLO (Reuters) – AB Volvo reported record first-quarter profit, a preliminary filing showed, as the truck maker..

News

China records world’s first human death from H3N8 bird flu -WHO

China records world’s first human death from H3N8 bird flu -WHO

BEIJING (Reuters) – A Chinese woman has become the first person to die from a type of bird flu that is rare in humans, the World Health Organisa..

Oil rises about 2% with U.S. and China inflation in focus

Oil rises about 2% with U.S. and China inflation in focus

By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose about 2% on Tuesday on hopes that the Federal Reserve might ease up on i..

UK economy set for smaller hit in 2023 than previously feared – IMF

UK economy set for smaller hit in 2023 than previously feared – IMF

(Reuters) -Britain now looks set for a shallower economic hit this year than previously thought but remains on course to suffer the sh..

Dollar dips ahead of inflation data later this week

Dollar dips ahead of inflation data later this week

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whe..

Britain sets 5G goal, says no ‘magic number’ of operators

Britain sets 5G goal, says no ‘magic number’ of operators

LONDON (Reuters) – Britain set an ambition to deliver next-generation 5G mobile coverage to populated areas by 2030 and said the..

World stocks cling to upbeat mood, dollar stalls

World stocks cling to upbeat mood, dollar stalls

By Dhara Ranasinghe LONDON (Reuters) -World stocks rallied on Tuesday as traders held onto hope that interest rates will soon peak and..

Explainer-Why European money market funds inflows are lagging behind the U.S. torrent?

Explainer-Why European money market funds inflows are lagging behind the U.S. torrent?

By Harry Robertson LONDON (Reuters) – Investors poured $367 billion into U.S. money market funds in March, according to data pro..

Cryptoverse: Ethereum upgrade to unlock $33 billion

Cryptoverse: Ethereum upgrade to unlock $33 billion

By Medha Singh and Lisa Pauline Mattackal (Reuters) – Investors are finally set to gain access to more than $33 billion of ether..

Hong Kong finance official to make first visit to Britain in three years

Hong Kong finance official to make first visit to Britain in three years

HONG KONG (Reuters) – A top financial official from Hong Kong is set to visit Britain in April in the first ministerial-level vi..

British doctors’ strikes risk patient safety, minister says

British doctors’ strikes risk patient safety, minister says

LONDON (Reuters) – Britain’s health minister warned patients’ safety is at risk as junior doctors began four days of..

US House committee chair ‘concerned’ by Tesla deals in China

US House committee chair ‘concerned’ by Tesla deals in China

By Michael Martina and Patricia Zengerle WASHINGTON (Reuters) – The leader of a U.S. congressional committee on China said on Mo..

Wall Street slips, dollar gains as Fed seen hiking rates in May

Wall Street slips, dollar gains as Fed seen hiking rates in May

By Herbert Lash NEW YORK (Reuters) – U.S. stock indexes fell and the dollar rose on Monday after strong jobs data last week sugg..

Bank of Canada seen on hold even as economy accelerates

Bank of Canada seen on hold even as economy accelerates

By Fergal Smith TORONTO (Reuters) -The Bank of Canada is expected to take in stride surprising recent economic strength and leave inte..

Intel leak has U.S. officials bracing for impact at home and abroad

Intel leak has U.S. officials bracing for impact at home and abroad

By Idrees Ali and Jonathan Landay WASHINGTON(Reuters) – The U.S. national security community is grappling with fallout from the ..

India’s Tata Motors jumps to a 7-month high on strong Q4 JLR sales

India’s Tata Motors jumps to a 7-month high on strong Q4 JLR sales

BENGALURU (Reuters) – Shares of Indian automaker Tata Motors Ltd rose as much as 8.15% to a seven-month high on Monday after its..

Yen sinks as rates outlook diverges; NZ dollar tumbles

Yen sinks as rates outlook diverges; NZ dollar tumbles

By Kevin Buckland TOKYO (Reuters) – The yen sank against major peers on Monday after U.S. payrolls data bolstered the case for f..

Soccer-England’s Houghton will keep ‘knocking the door’ for the World Cup

Soccer-England’s Houghton will keep ‘knocking the door’ for the World Cup

(Reuters) – Former England captain Steph Houghton has said it has been tough to deal with her omission from the national team as..

Factbox-From holy oil to sceptres and a spoon: King Charles’ coronation ceremony

Factbox-From holy oil to sceptres and a spoon: King Charles’ coronation ceremony

LONDON (Reuters) – The ceremony for King Charles’s coronation at Westminster Abbey in London on May 6 will involve histori..

London’s FTSE 100 climbs ahead of Easter break

London’s FTSE 100 climbs ahead of Easter break

By Sruthi Shankar and Shristi Achar A (Reuters) -UK’s blue-chip index rose on Thursday, gaining for a third consecutive week, as..

IMF’s Georgieva sees global growth below 3% in 2023, robust recovery ‘elusive’

IMF’s Georgieva sees global growth below 3% in 2023, robust recovery ‘elusive’

By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund expects global economic growth to dip below 3% in 2023 and to r..

Jaguar Land Rover posts Q4 free cash flow about $1 billion

Jaguar Land Rover posts Q4 free cash flow about $1 billion

(Reuters) -Jaguar Land Rover expects free cash flow of over 800 million pounds (about $1 billion) for the fourth quarter, boosted by a..

Sterling hovers just below 10-month high, with focus on U.S. job numbers

Sterling hovers just below 10-month high, with focus on U.S. job numbers

By Harry Robertson LONDON (Reuters) – The pound hovered just below its highest level in 10 months on Thursday as investor focus ..

Ford aims a new electric van at European cities – and startups

Ford aims a new electric van at European cities – and startups

By Joseph White DETROIT (Reuters) – Ford Motor Co unveiled a new electric Courier van aimed at winning business customers in Eur..

Avolon CEO says Q1 business boosted by China reopening

Avolon CEO says Q1 business boosted by China reopening

DUBLIN (Reuters) – Aircraft leasing company Avolon on Thursday said the reopening of China after it eased strict COVID-19 rules ..