UK finance minister Hunt to make statement at 1000 GMT – source
LONDON (Reuters) – British finance minister Jeremy Hunt will make a statement at 1000 GMT, a source in Prime Minister Liz Truss&..
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ITV shares jump on reports it could sell stake in production arm
LONDON (Reuters) – Shares in ITV jumped 7% in early deals on Monday, lifted by a Financial Times report that it is considering s..
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UK’s Hargreaves Lansdown CEO Hill to step down
By Sinchita Mitra (Reuters) -Hargreaves Lansdown said on Monday its Chief Executive Officer Chris Hill would step down after more than..
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How Britain’s pension scheme hedge became a trillion pound gamble
By Tommy Wilkes and Carolyn Cohn LONDON (Reuters) -It started out simply enough: British pension schemes were looking for a way to mat..
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Credit Agricole and CACEIS to buy RBC Investor Services’ Europe unit
Credit Agricole and CACEIS to buy RBC Investor Services’ Europe unit
PARIS (Reuters) – CACEIS, the asset servicing business owned by French bank Credit Agricole and Spanish bank Santander, has struck a preliminary..
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UK housing market shows strains from “mini-budget”: Rightmove
LONDON (Reuters) – Britain’s housing market lost momentum this month after Prime Minister Liz Truss’s economic plans..
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Broadcom banking on early EU approval of $61 billion VMware deal
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom will seek early European Union antitrust approval of its proposed $..
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Analysis-G7 fails to reach intervention deal to ease pain of soaring dollar
By Leika Kihara WASHINGTON (Reuters) – Japan and other countries facing the fallout from a soaring U.S. dollar found little comf..
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Euro zone bond yields fall as ECB policymaker flags recession risk, gilts eyed
By Stefano Rebaudo (Reuters) -Euro zone bond yields fell on Friday after a European Central Bank (ECB) policymaker flagged recession r..
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Royal Mail warns of thousands of job cuts as it slides into red
By Yadarisa Shabong (Reuters) -Royal Mail could cut up to 10,000 jobs and the loss-making business warned of more layoffs if planned s..
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Analysis-ECB ‘QT’ may be next challenge for tumultuous markets
By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – The European Central Bank is considering entering the maelstrom of vola..
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Euro zone posts record trade deficit in August amid soaring energy prices
BRUSSELS (Reuters) – The euro zone posted in August its largest trade deficit since it expanded to 19 countries in 2015, as high..
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Lightware Supports Lara Vafiadis in her Journey across the Atlantic
The company is inviting supporters to help raise £25,000 for Plan UK, Prostate Cancer UK and Our Only World Budapest, Hungary..
Business
Small-Medium Business Growth Plans Held Back by Inadequate Cybersecurity
Despite increased spending in IT, small and medium sized businesses (SMBs) are not prepared for the increased cyber risks that ..
Technology
Spain September final 12-month inflation revised down to 8.9%
MADRID (Reuters) – Spanish consumer prices rose 8.9% year-on-year in September, down from 10.5% in the period through August and..
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TomTom shares fall as 2023 uncertainties outweigh Q3 beat
By Federica Mileo and Augustin Turpin (Reuters) – Dutch navigation and digital mapping company TomTom on Friday cut its cash flo..
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German car industry baulks at supplier demands over energy hikes
By Victoria Waldersee WOLFSBURG, Germany (Reuters) – Germany’s giant carmakers may have secured their own energy supplies ..
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Polish c. banker Kotecki says rates should be several percentage points higher
WARSAW (Reuters) – Polish central bank has several percentage points of space to increase interest rates as inflation is set to ..
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Athletics-Ujah will be considered for selection after doping ban – UK Athletics director
(Reuters) – UK Athletics technical director Stephen Maguire said Chijindu Ujah will be considered for selection after his 22-mon..
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Swiss National Bank makes another large draw on Fed swap line
(Reuters) – The Swiss National Bank this week drew nearly $6.3 billion from the U.S. Federal Reserve’s currency swap line ..
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When the AI goes haywire, bring on the humans
By Paresh Dave OAKLAND, Calif. (Reuters) – Used by two-thirds of the world’s 100 biggest banks to aid lending decisions, c..
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Netflix ad-supported plan to launch in November at $7 a month
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Netflix Inc said on Thursday it will introduce a streaming plan with adve..
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EU, U.S. eye level playing field for EU electric cars in U.S. market
WASHINGTON (Reuters) -European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric ca..
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Italy’s Giorgetti gets Meloni’s backing to be economy minister
Italy’s Giorgetti gets Meloni’s backing to be economy minister By Angelo Amante and Gavin Jones ROME (Reuters) -Giancarlo ..
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Rosneft sues Berlin over takeover of its German unit
BERLIN (Reuters) – Russian state energy giant Rosneft has filed a complaint with a top court in Germany against the government f..
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European airlines see travel withstanding consumer squeeze for now
By Sarah Young and Klaus Lauer LONDON (Reuters) – British Airways-owner IAG, Europe’s biggest airline Ryanair and rival ea..
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Hot U.S. inflation data reignites global selloff
By Marc Jones LONDON (Reuters) – MSCI’s global stock index lurched to a July 2020 low and dollar and bond market borrowing..
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IKEA reports record sales as price hikes offset weakening consumer confidence
By Anna Ringstrom STOCKHOLM (Reuters) -Budget furniture giant IKEA reported record high annual sales on Thursday as price hikes and ea..
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The impact of MetaPay on the customer shopping experience online
By Nick Øen, Gateway Product Manager at Trust Payments Social media platforms, the long-standing giants of the internet, h..
Finance
Investing in real estate abroad – How it can make you money and how to choose wisely
By Paul Brazell Acosta, Spanish Real Estate Expert and Director of Cloud Nine Spain Buying property in a holiday destination such..
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A New Social Network For Investor Experts And Beginners
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Technology
Britain’s Ofgem to urge public to reduce energy usage – FT
(Reuters) – Britain’s energy regulator Ofgem will on Thursday urge consumers to reduce their energy usage “where pos..
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Holocaust survivor to oversee start of rightist Italian parliament
By Crispian Balmer ROME (Reuters) – Italy’s new parliament opens on Thursday, with a Holocaust survivor due to preside ove..
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Sentiment in UK finance falls at fastest pace since 2019, survey
LONDON (Reuters) – Britain needs to restore stability to its finances to help reverse the fastest drop in financial sector senti..
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SLOWDOWN IN FUNDING OF MOBILITY STARTUPS, ONCE FLYING HIGH, SHOW HOW MUCH MARKET CONDITIONS HAVE CHANGED
By Vitaly M. Golomb, Partner, Drake Star Vitaly M. Golomb, Partner, Drake Star For mobility startups, the last few years have been ..
Finance
Britain’s bond market turmoil
LONDON (Reuters) – British government borrowing costs hit a 20-year high on Wednesday after Bank of England Governor Andrew Bail..
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Analysis – Turbulent UK bond market may force BoE’s hand again
By Dhara Ranasinghe and Harry Robertson LONDON (Reuters) – Bank of England Governor Andrew Bailey has been unequivocal: the cent..
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