News

Elon Musk set to showcase Tesla’s humanoid robot after delay

Elon Musk set to showcase Tesla’s humanoid robot after delay

By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla CEO Elon Musk has said a robot business will be worth more than its cars, and on ..

Shocked by gas bills, thrifty Dutch stockpile coal, wood for winter

Shocked by gas bills, thrifty Dutch stockpile coal, wood for winter

By Stephanie van den Berg VEENENDAAL, Netherlands (Reuters) – The budget-conscious Dutch, who enjoyed abundant cheap gas for hal..

UK economy still below pre-pandemic size, underscoring challenge for Truss

UK economy still below pre-pandemic size, underscoring challenge for Truss

By Andy Bruce and William Schomberg LONDON (Reuters) – Britain’s economy remained below its pre-pandemic peak, according t..

Pizza group DP Eurasia sharpens Turkish focus as Russia risk high

Pizza group DP Eurasia sharpens Turkish focus as Russia risk high

By Federica Mileo and Valentine Baldassari (Reuters) – DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russi..

Soccer-Women’s rights group calls on FIFA to kick Iran out of World Cup

Soccer-Women’s rights group calls on FIFA to kick Iran out of World Cup

By Michael Church HONG KONG (Reuters) – Rights group Open Stadiums have called on FIFA to throw Iran out of the World Cup finals..

Global dealmaking plunges as financing market hits rock bottom

Global dealmaking plunges as financing market hits rock bottom

  By Anirban Sen, Pamela Barbaglia and Abigail Summerville NEW YORK/LONDON (Reuters) – Global M&A shrank for the third ..

UK job vacancies fall to post-pandemic levels, REC says

UK job vacancies fall to post-pandemic levels, REC says

LONDON (Reuters) – British job vacancies dropped to the lowest level since the COVID-19 pandemic last week, a sign of a further ..

UK watchdog contacts banks following huge withdrawal of mortgage deals -FT

UK watchdog contacts banks following huge withdrawal of mortgage deals -FT

(Reuters) – Britain’s Financial Conduct Authority (FCA) has contacted lenders in the United Kingdom following the withdraw..

Lindt wins chocolate bunny battle in Swiss court

Lindt wins chocolate bunny battle in Swiss court

ZURICH (Reuters) – Lindt & Spruengli’s foil-wrapped chocolate bunnies deserve protection from copycat products, Switze..

Start-up Etioca eyes Nasdaq listing next year as it unveils electric taxi

Start-up Etioca eyes Nasdaq listing next year as it unveils electric taxi

MILAN (Reuters) – Shared mobility start-up Etioca aims to list on the stock market in the United States in spring, its co-CEO sa..

Moody’s flags Oct 21 as crucial date for UK rating

Moody’s flags Oct 21 as crucial date for UK rating

By Marc Jones LONDON (Reuters) – Moody’s top European analyst has flagged Oct. 21 as the next crucial date for BritainR..

Luc Remont proposed as new boss of French energy company EDF

Luc Remont proposed as new boss of French energy company EDF

By Tassilo Hummel and Elizabeth Pineau PARIS (Reuters) – French President Emmanuel Macron has proposed Luc Remont as EDF’s..

Russian central bank gives legal entities green light to trade foreign shares

Russian central bank gives legal entities green light to trade foreign shares

MOSCOW (Reuters) -The Bank of Russia on Thursday gave legal entities the green light to buy the securities of “unfriendly”..

UK’s Kwarteng: Mini budget was essential in resetting debate around growth

UK’s Kwarteng: Mini budget was essential in resetting debate around growth

LONDON (Reuters) – The British government’s so-called mini budget was essential in helping reset the debate around growth,..

Dollar dishes the pain as selloff rumbles on

Dollar dishes the pain as selloff rumbles on

By Marc Jones LONDON (Reuters) – Investors pedalled into another cycle of selling on Thursday as the dollar tightened its strang..

Queen Elizabeth died of ‘old age’, death certificate shows

Queen Elizabeth died of ‘old age’, death certificate shows

Balmoral Castle, her summer home in the Scottish highlands, on Sept. 8. The certificate records her time of death as 3.10 p.m. (1410 G..

ECB policymakers back jumbo rate hike, differ on balance sheet cut

ECB policymakers back jumbo rate hike, differ on balance sheet cut

By Francesco Canepa and Balazs Koranyi VILNIUS/FRANKFURT (Reuters) – European Central Bank policymakers continued to line up beh..

UK banks and insurers told to step up help for struggling customers

UK banks and insurers told to step up help for struggling customers

By Huw Jones LONDON (Reuters) – Britain’s Financial Conduct Authority (FCA) told banks and insurers on Thursday to do more..

H&M to cut costs as profits hit by inflation, cautious shoppers

H&M to cut costs as profits hit by inflation, cautious shoppers

By Anna Ringstrom STOCKHOLM (Reuters) – H&M, the world’s No.2 fashion retailer, launched a 2 billion Swedish crown ($1..

CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange

CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange

FRANKFURT (Reuters) – Porsche AG Chief Executive Oliver Blume rang the bell and hugged colleagues on what he called the “h..

Polish e-commerce leader Allegro trims forecast over inflation fears

Polish e-commerce leader Allegro trims forecast over inflation fears

By Anna Pruchnicka (Reuters) – Poland’s biggest e-commerce company Allegro trimmed its full-year guidance on Thursday for ..

M&G appoints former head of AXA Investment Managers Andrea Rossi as new CEO

M&G appoints former head of AXA Investment Managers Andrea Rossi as new CEO

LONDON (Reuters) – British investment manager M&G said on Thursday that Andrea Rossi, a former head of AXA Investment Manage..

Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout

Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout

By Sinead Cruise, Alistair Smout and Elizabeth Piper LONDON (Reuters) – As new British finance minister, Kwasi Kwarteng hoped to..

U.S. says it has agreed Pacific Islands partnership, offering ‘big dollar’ aid

U.S. says it has agreed Pacific Islands partnership, offering ‘big dollar’ aid

By David Brunnstrom, Alexandra Alper and Michael Martina WASHINGTON (Reuters) -The United States said at a summit with Pacific island ..

Cricket-Injured Buttler ‘progressing well’ ahead of T20 World Cup

Cricket-Injured Buttler ‘progressing well’ ahead of T20 World Cup

(Reuters) – England’s limited-overs captain Jos Buttler said he is making good progress in his recovery from a calf injury..

UK car output rises in August, soaring costs cast shadow over recovery

UK car output rises in August, soaring costs cast shadow over recovery

(Reuters) – British car production rose for a fourth straight month in August, compared with a year earlier, although record inp..

UK banks told to reimburse customers tricked by scams

UK banks told to reimburse customers tricked by scams

By Huw Jones LONDON (Reuters) – Banks will have to reimburse customers tricked into sending money in a type of online scam that ..

Private equity funds approach Italy’s Serie A to explore media rights deal -sources

Private equity funds approach Italy’s Serie A to explore media rights deal -sources

By Elvira Pollina MILAN (Reuters) -Apax Partners, Three Hills Capital Partners, Carlyle Group and Searchlight Capital have approached ..

Bitcoin-sterling volumes spike to record high as British currency flounders

Bitcoin-sterling volumes spike to record high as British currency flounders

By Elizabeth Howcroft LONDON (Reuters) – Trading volumes between the British pound and the cryptocurrency bitcoin spiked to a re..

PIMCO CIO says UK market chaos not systemic but will have global impact

PIMCO CIO says UK market chaos not systemic but will have global impact

(Corrects name of conference to Delivering Alpha in first paragraph) WASHINGTON (Reuters) – The collapse of the British pound an..

Finland watching its waters closely after gas pipeline blasts, PM says

Finland watching its waters closely after gas pipeline blasts, PM says

xHELSINKI (Reuters) – Finland is watching its territorial waters very closely following explosions of two Nord Stream gas pipeli..

Italy slashes 2023 growth forecast but sees public finances improving

Italy slashes 2023 growth forecast but sees public finances improving

By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Mario Draghi’s outgoing Italian government on Wednesday slashed next ye..

Amazon.com unveils device that tracks breath while sleeping

Amazon.com unveils device that tracks breath while sleeping

(Reuters) -Amazon.com Inc on Wednesday announced a contactless gadget that can monitor people’s sleep, along with updates to its..

Explainer-Why is Bank of England acting again? What next in the UK crisis?

Explainer-Why is Bank of England acting again? What next in the UK crisis?

LONDON (Reuters) – Britain’s central bank resorted to buying bonds again on Wednesday in an emergency move to reduce the c..

UK housing market may face perfect storm as mortgage rates rise, house prices drop

UK housing market may face perfect storm as mortgage rates rise, house prices drop

By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a likely slowdown in economic gr..

Britain’s market rout stokes contagion fears around the globe

Britain’s market rout stokes contagion fears around the globe

By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – The scale and speed of the sell-off in British ..

Chile authorities scour mountains for missing British astronomer

Chile authorities scour mountains for missing British astronomer

By Natalia A. Ramos Miranda SANTIAGO (Reuters) – Chile authorities on Wednesday were scouring an arid mountainous region of the ..