Rishi Sunak declared next leader of UK Conservative Party, to become next PM
LONDON (Reuters) – Rishi Sunak was declared the next leader of Britain’s Conservative Party by the head of the 1922 Commit..
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EU countries seek common stance on climate compensation for COP27
By Kate Abnett and Bart H. Meijer BRUSSELS (Reuters) -Ministers from European Union countries will attempt on Monday to agree their ne..
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China’s Xi clinches third term, packs leadership with loyalists
By Yew Lun Tian and Tony Munroe BEIJING (Reuters) -China’s Xi Jinping secured a precedent-breaking third leadership term on Sund..
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Poland’s Bank Millennium third-quarter results hit by payment holidays
WARSAW (Reuters) -Bank Millennium, part of Portuguese banking group Millennium bcp, on Monday reported a third-quarter net loss of 1.0..
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Euro zone October PMI adds to evidence bloc is heading for recession
By Jonathan Cable LONDON (Reuters) -The euro zone is likely entering a recession with business activity contracting at the fastest pac..
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FTSE 100 slips on stronger pound; PM race takes focus
By Johann M Cherian (Reuters) -UK’s FTSE 100 fell on Monday as a stronger pound and weaker oil prices weighed on the blue-chip i..
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No messing around with red-hot inflation: Five questions for the ECB
By Dhara Ranasinghe, Stefano Rebaudo and Kripa Jayaram LONDON (Reuters) – The European Central Bank meets on Thursday and appear..
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Arrow partners with POPX to automate operations and integrate acquisitions
POPX’s MSP Platform – powered by ServiceNow – is Arrow’s service management platform of choice October 2022 – Arrow Busine..
Technology
Liz Truss resigns after six weeks as UK prime minister
(Refiles as UPDATE 7, not 6, text unchanged) By Elizabeth Piper, Andrew MacAskill and Muvija M LONDON (Reuters) – Liz Truss said..
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Four Ways Municipal Bond Issuers Are Being Smarter with Investor Relations
By Colin MacNaught, the CEO & Co-Founder of BondLink It’s a difficult time to be a bond issuer. After four decades o..
Business
Derivatives summit highlights bold solutions to liquidity squeeze
By Mark Croxon, global head of market infrastructure at Delta Capita It was a pleasure to be asked to moderate a panel session on ..
Finance
Marketmind: Reality check
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever If investors needed a reminder that t..
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Digital ad market shows ‘signs of life’ but economy clouds 2023 outlook
By Sheila Dang and Katie Paul (Reuters) – When Snap Inc kicks off the third-quarter earnings season for tech and social media co..
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BMW invests $1.7 billion to build electric vehicles in U.S
By David Shepardson SPARTANBURG, South Carolina (Reuters) -BMW AG said on Wednesday it will invest $1.7 billion to build electric vehi..
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Nestle sales soar as price rises drive growth
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -Nestle posted its strongest nine-month sales growth in 14 years on Wednesday a..
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Tesla investors to focus on demand issues in earnings report
(Reuters) -Tesla Inc’s quarterly report on Wednesday will likely show whether the Elon Musk-led electric-vehicle maker is facing..
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Obtaining the Right Type of Loan for your Real Estate Investment
By Chris Moreno, CEO and Founder of GoKapital – a business and real estate lending marketplace. Whether you’re app..
Business
Italy’s Brembo sets up venture capital arm to invest in tech startups
MILAN (Reuters) – Premium brakes maker Brembo said on Wednesday it had set up an internal venture capital unit, called Brembo Ve..
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Irish central bank eases strict mortgage-lending limits
By Conor Humphries DUBLIN (Reuters) -Ireland’s central bank is to ease mortgage-lending limits to allow first-time property buye..
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Australia to investigate reports pilots trained Chinese military – minister
By Kirsty Needham, Jamie Freed and Lucy Craymer SYDNEY/WELLINGTON (Reuters) -Australia’s defence minister said its military was ..
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China lodges representations over alleged harassment at Manchester consulate
BEIJING (Reuters) – China’s foreign ministry, responding to a question about clashes between Hong Kong protesters and the ..
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Just Eat delivers Q3 profit as cost cuts outweigh lower order volumes
By Diana Mandia and Dagmarah Mackos (Reuters) -Just Eat Takeaway.com, Europe’s largest meal delivery company, said on Wednesday ..
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ECB to go big again on Oct. 27 with 75 bps rate hike: Reuters poll
By Jonathan Cable LONDON (Reuters) – The European Central Bank will go for another jumbo 75 basis point increase to its deposit ..
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OutThink raises $10 million to tackle human errors behind data breaches
By Juliette Portala (Reuters) – London-based cybersecurity company OutThink has raised $10 million in early-stage investments ba..
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UK regulator’s head of enforcement to step down in 2023
By Kirstin Ridley and Carolyn Cohn LONDON (Reuters) -Mark Steward, head of enforcement at Britain’s Financial Conduct Authority ..
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Oracle Cloud adding tens of thousands of Nvidia chips for AI
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Oracle Corp and Nvidia Corp on Tuesday announced they are expanding their partner..
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Holcim supports resolution with U.S. regarding legacy operations in Syria
ZURICH (Reuters) – Holcim said it supported the agreement made by Lafarge SA with the United States Department of Justice on Tue..
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Tesla tops battery-electric vehicle registrations in Germany, beating Volkswagen
BERLIN (Reuters) – Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at n..
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Factbox-Strikes, protests in Europe over cost of living and pay
(Reuters) – European countries are facing more strikes and protests due to high energy prices and mounting costs of living. Here..
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Analysis-UK crisis forces ‘off kilter’ businesses to halt investment
By Kate Holton and James Davey LONDON (Reuters) – British company owners are pulling investments as a crisis triggered in Westmi..
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Britain’s political and market turmoil
LONDON (Reuters) – Prime Minister Liz Truss has apologised for threatening Britain’s economic stability after she was forc..
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Stellantis CEO calls for talks to soften EU’s 2035 fossil-fuel car ban
By Gilles Guillaume PARIS (Reuters) – The European Union’s proposed 2035 ban on fossil-fuel cars should be renegotiated to..
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Britain’s political and market turmoil
LONDON (Reuters) – New finance minister Jeremy Hunt scrapped Prime Minister Liz Truss’s Sept. 23 mini-budget and scaled ba..
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UK consumer industries warn curbing energy support will hit demand
LONDON (Reuters) – The mood among Britain’s beleaguered retail and hospitality industries darkened on Monday on fears new ..
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Britain’s financial system under stress amid market turmoil -analysts
By Iain Withers and Lawrence White LONDON (Reuters) -Britain’s banks and financial firms face deepening stress from rising fundi..
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Market turmoil a boon for trend-following hedge funds
By Nell Mackenzie (Reuters) – Trend-following hedge funds are capitalising on market disruption and geopolitical unrest, with fu..
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Bank of England publishes rules for energy firms’ liquidity tool
LONDON (Reuters) – The Bank of England published on Monday the rules for energy firms seeking to use a new liquidity tool design..
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