Headlines

Australia to investigate reports pilots trained Chinese military – minister

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 ..

China lodges representations over alleged harassment at Manchester consulate

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 ..

Just Eat delivers Q3 profit as cost cuts outweigh lower order volumes

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 ..

ECB to go big again on Oct. 27 with 75 bps rate hike: Reuters poll

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 ..

OutThink raises $10 million to tackle human errors behind data breaches

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..

UK regulator’s head of enforcement to step down in 2023

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 ..

Oracle Cloud adding tens of thousands of Nvidia chips for AI 

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..

Holcim supports resolution with U.S. regarding legacy operations in Syria

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..

Tesla tops battery-electric vehicle registrations in Germany, beating Volkswagen

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..

Factbox-Strikes, protests in Europe over cost of living and pay

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..

Analysis-UK crisis forces ‘off kilter’ businesses to halt investment

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..

Britain’s political and market turmoil

Britain’s political and market turmoil

LONDON (Reuters) – Prime Minister Liz Truss has apologised for threatening Britain’s economic stability after she was forc..

Stellantis CEO calls for talks to soften EU’s 2035 fossil-fuel car ban

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..

Britain’s political and market turmoil

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..

UK consumer industries warn curbing energy support will hit demand

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 ..

Britain’s financial system under stress amid market turmoil -analysts

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..

Market turmoil a boon for trend-following hedge funds

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..

Bank of England publishes rules for energy firms’ liquidity tool

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..

UK finance minister Hunt to make statement at 1000 GMT – source

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&..

ITV shares jump on reports it could sell stake in production arm

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..

UK’s Hargreaves Lansdown CEO Hill to step down

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..

How Britain’s pension scheme hedge became a trillion pound gamble

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..

Headlines

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..

UK housing market shows strains from “mini-budget”: Rightmove

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..

Broadcom banking on early EU approval of $61 billion VMware deal

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 $..

Analysis-G7 fails to reach intervention deal to ease pain of soaring dollar

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..

Euro zone bond yields fall as ECB policymaker flags recession risk, gilts eyed

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..

Royal Mail warns of thousands of job cuts as it slides into red

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..

Analysis-ECB ‘QT’ may be next challenge for tumultuous markets

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..

Euro zone posts record trade deficit in August amid soaring energy prices

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..

Spain September final 12-month inflation revised down to 8.9%

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..

TomTom shares fall as 2023 uncertainties outweigh Q3 beat

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..

German car industry baulks at supplier demands over energy hikes

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 ..

Polish c. banker Kotecki says rates should be several percentage points higher

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 ..

Athletics-Ujah will be considered for selection after doping ban – UK Athletics director

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..

Swiss National Bank makes another large draw on Fed swap line

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 ..

When the AI goes haywire, bring on the humans

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..