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..
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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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Britain launches plan to ease doctor waiting lists
LONDON (Reuters) – Britain’s health minister on Thursday will set out a plan to cut waiting times for doctors’ appoi..
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Dollar soars to two-decade high as Putin shakes FX market ahead of Fed
By Dhara Ranasinghe and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar surged to a new two-decade high on Wedne..
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Britain proposes insurance shake-up after Grenfell Tower fire
By Huw Jones LONDON (Reuters) – Britain’s financial watchdog has proposed reforming how apartment blocks are insured after..
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UniCredit focused on “internal delivery”, open to M&A in all its markets
ROME (Reuters) – UniCredit is focused on delivering targets set under its business plan, though it remains ready to seize M&..
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European governments spend half a trillion euros on energy crisis – report
By Kate Abnett BRUSSELS (Reuters) -Governments in Europe have earmarked nearly 500 billion euros in the last year to cushion citizens ..
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Uniper’s rocky road to German nationalisation
(Reuters) – Germany’s government announced steps on Wednesday to nationalise gas importer Uniper, brought to its knees aft..
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Europe burns cash to help businesses in deepening energy crisis
By Kirsti Knolle, William James and Anne Kauranen BERLIN/LONDON/HELSINKI (Reuters) -Germany nationalised gas importer Uniper on Wednes..
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European governments spend half a trillion euros on energy crisis – report
By Kate Abnett BRUSSELS (Reuters) – Governments in Europe have earmarked nearly 500 billion euros in the last year to cushion ci..
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Putin speech sends sterling to fresh 37-year low ahead of Fed, BoE meetings
By Lucy Raitano LONDON (Reuters) – The pound touched a new 37-year low against the dollar on Wednesday after Russian President V..
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Factbox-Reaction to UK’s energy support package for businesses
LONDON (Reuters) – Britain on Wednesday set out a support package for businesses to deal with soaring energy bills going into th..
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UK government to cap energy bills for businesses – Bloomberg
LONDON (Reuters) – The British government, under newly appointed Prime Minister Liz Truss, plans to cut the wholesale prices tha..
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Big bank CEOs to sell lawmakers on relief, diversity efforts amid economic, regulatory challenges
By Pete Schroeder WASHINGTON (Reuters) -JPMorgan Chase & Co Chief Executive Jamie Dimon will warn Congress of economic “stor..
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ECB’s Lagarde raises prospect of rate hikes beyond neutral level
FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates to a level that restricts economic growth in order to ..
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YouTube in challenge to TikTok to give Shorts creators 45% of ad sales
By Dawn Chmielewski and Paresh Dave LOS ANGELES (Reuters) -YouTube unveiled a new way for creators to make money on short-form video, ..
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Investment banks’ trading revenue likely to shrink, Barclays boss says
By Sinead Cruise and Iain Withers LONDON (Reuters) – Investment banks are likely to be hit by a dip in trading revenue next year..
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