Euro zone likely entering recession as price rises hit demand -PMI
By Jonathan Cable LONDON (Reuters) – A downturn in business activity across the euro zone deepened in September, according to a ..
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Explainer-Rightist alliance set for Italian election victory
ROME (Reuters) – Italy votes in a national election on Sunday that could herald its most right-wing government since World War T..
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Four fifths of UK households saw disposable income fall in August, says Asda
LONDON (Reuters) – Four in five UK households saw their disposable income decrease in August compared to the same month last yea..
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Credit Suisse shares hit record low after report bank is looking to raise cash
LONDON (Reuters) – Credit Suisse shares dropped to a record low on Friday after a Reuters report said the company is looking to ..
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Societe Generale says two senior executives to leave bank
PARIS (Reuters) -Societe Generale, which is seeking a new chief executive, said on Friday two senior female executives would be steppi..
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Swiss bank UBP returns to Chinese markets
By Summer Zhen HONG KONG (Reuters) – Swiss private bank Union Bancaire Privée (UBP) is back in Chinese markets, its chief invest..
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Spain Q2 quarterly GDP growth revised to 1.5% from 1.1%
MADRID (Reuters) -Spanish GDP grew faster in the second quarter than originally estimated, compared with the prior quarter, reflecting..
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UK’s Made.com to cut jobs and launch strategic review
(Reuters) -British online furniture retailer Made.com said on Friday it would cut jobs, conduct a strategic review, including a formal..
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Growth will pay for UK government spending plans, minister says
LONDON (Reuters) – Economic growth will help to pay for Britain’s plans to maintain government spending while it cuts taxe..
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Oil prices edge down, recession fears back in focus
By Emily Chow SINGAPORE (Reuters) – Oil prices fell on Friday amid recession fears and a stronger U.S. dollar, though losses wer..
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UK consumer mood sinks to new depths despite energy bills help
By Andy Bruce LONDON (Reuters) – British consumer confidence slid this month to its lowest level since records began in the mid-..
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Sri Lanka to unveil debt restructuring plan to creditors
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lankan authorities will formally hold talks with international creditors on Friday ..
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Carrefour management increases offer in wage talks with unions
By Richa Naidu PARIS (Reuters) -France’s biggest retailer Carrefour has increased its offer in the third round of wage talks wit..
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Stocks slump to 2-year low as rates reality bites
By Tom Westbrook SYDNEY (Reuters) – Stocks hit a two-year low on Friday and bonds eyed big weekly losses as the prospect of U.S...
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Sabadell in talks with Worldline, Nexi and Fiserv for payments deal -sources
By Pamela Barbaglia, Jesús Aguado and Andres Gonzalez LONDON/MADRID (Reuters) -Spanish bank Sabadell has received indicative bids from..
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What crisis? High-stakes crypto lending looks here to stay
(Updates Trenchev’s estimate for unsecured lending) By Elizabeth Howcroft and Hannah Lang LONDON/WASHINGTON (Reuters) -On May 11..
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Yen rallies after Japan intervenes with first support since 1998
By Gertrude Chavez-Dreyfuss and Alun John NEW YORK/LONDON (Reuters) – The Japanese yen soared across the board on Thursday after..
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Lights off, heat down: central Europe governments save power to set example
By Jan Lopatka PRAGUE (Reuters) – Turning off lights, lowering thermostats and installing motion detectors are among the ways ce..
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Factbox-Government measures to ease inflation pain
(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine have c..
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Australia mourns Queen Elizabeth from home of ‘world’s oldest continuous culture’
SYDNEY (Reuters) -Australia held a national day of mourning for Queen Elizabeth II on Thursday, with Prime Minister Anthony Albanese s..
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Analysis-Europe says goodbye to negative rates – or just ‘au revoir’?
By Mark John and Dhara Ranasinghe LONDON (Reuters) – Europe’s decade-long experiment with negative interest rates, which e..
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The priciest place to rent a desk in the UK revealed…And it isn’t London
New research by take payments reveals Leeds is the most expensive city to rent a desk for a day Data also shows the hi..
Business
Scottish solutions business invests in the future with new appointment
A RAPIDLY expanding solutions business has signaled its investment in the future by recruiting a Head of Sales for its net zero..
Business
Apheris launches platform to unlock data and enable collaboration to solve the world’s biggest problems
Platform enables multiple organisations to extract value from each other’s decentralised data sets and overcome regulatory, tec..
News
REACH HELPS TUBER GROUP IN A MAJOR ACQUISITION
Tuesday 20th September Reach Commercial Finance has secured three different funding solutions worth £4.8 million for Tuber Gro..
Finance
French President Macron reaffirms that pensions system reform is necessary
PARIS (Reuters) – French President Emmanuel Macron reaffirmed in a television interview with BFM TV that a reform of the country..
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Strong nighttime earthquake jolts sleeping Mexicans, at least one death reported
MEXICO CITY (Reuters) -A magnitude 6.8 earthquake struck western Mexico early on Thursday, claiming the life of a woman in Mexico City..
Business
Renault to reach its goal on integrated electric vehicles chain before 2030 -CEO
PARIS (Reuters) – French carmaker Renault will reach its target of having an 80% integrated electric vehicle (EV) chain before i..
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UK to examine cloud services dominated by Amazon, Microsoft and Google
LONDON (Reuters) -Britain said it would investigate competition in cloud services, a market dominated by the “hyperscalers”..
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Exclusive-HSBC fund arm toughens thermal coal policy to curb climate change
By Simon Jessop and Sinead Cruise LONDON (Reuters) – HSBC Holdings Plc told Reuters on Thursday it will stop financing the expan..
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Czech central bank vice-gov unlikely to vote for rate cut -newspaper
PRAGUE (Reuters) – Czech National Bank Vice-Governor Eva Zamrazilova is not likely to vote for a rate cut this year as she expec..
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Australia mourns Queen Elizabeth from home of ‘world’s oldest continuous culture’
SYDNEY (Reuters) -Australia held a national day of mourning for Queen Elizabeth II on Thursday, with Prime Minister Anthony Albanese s..
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Banks close painful Citrix debt chapter with $700 million loss -source
By Abigail Summerville and Matt Tracy (Reuters) – Wall Street banks completed the sale of $8.55 billion in loans and bonds backi..
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German tax revenues fall in August for first time this year
BERLIN (Reuters) – Federal and state government tax revenues fell in Europe’s biggest economy during August for the first ..
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UK’s top manufacturing body slashes forecasts for 2023
LONDON (Reuters) – Britain’s manufacturers association on Thursday slashed its forecast for growth in factory output next ..
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Bank of England set for second hefty rate rise in a row
By David Milliken LONDON (Reuters) – The Bank of England looks set to raise interest rates by at least half a percentage point o..
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Biden, UK’s Truss commit to protect Northern Ireland deal
By Steve Holland UNITED NATIONS (Reuters) -U.S. President Joe Biden and British Prime Minister Liz Truss met in person for the first t..
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