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..
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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..
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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..
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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 consecu..
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UK minister says government will work with OBR on economic forecasts
LONDON (Reuters) – Britain’s City minister Andrew Griffith said on Friday that Prime Minister Liz Truss and finance minist..
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Britain’s JD Sports extends Nike ties with partnership deal
LONDON (Reuters) – Britain’s biggest sportswear retailer JD Sports Fashion has extended its links with Nike Inc with a dea..
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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 ..
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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..
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Lindt wins chocolate bunny battle in Swiss court
ZURICH (Reuters) – Lindt & Spruengli’s foil-wrapped chocolate bunnies deserve protection from copycat products, Switze..
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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..
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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..
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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..
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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”..
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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,..
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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..
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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..
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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..
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Accelerated Payments Appoints Lee Baty as Head of UK
Anglo-Irish working capital funding provider Accelerated Payments today announced the appointment of Lee Baty as Head of Accele..
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New book – Good Work, Great Technology – explores how HR technologies can help ‘humans to be their best’
Featuring insights from 93 experts from 87 different organisations across the HR and people management space, a new book commis..
Business
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..
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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..
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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..
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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..
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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 ..
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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..
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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..
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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 ..
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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..
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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..
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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 ..
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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 ..
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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..
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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..
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Finland watching its waters closely after gas pipeline blasts, PM says
HELSINKI (Reuters) – Finland is watching its territorial waters very closely following explosions of two Nord Stream gas pipelin..
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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..
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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..
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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..
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