Swiss banks fret over sanctions risk to wealth business
By Oliver Hirt ZURICH (Reuters) -A survey of Swiss banks has highlighted international sanctions imposed on other countries, such as a..
Finance
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Lloyd’s of London plans overhaul of ‘unclear’ conduct rules
LONDON (Reuters) – Lloyd’s of London said on Thursday it plans to overhaul its rules on dealing with poor conduct in the..
Headlines
Tech takes stocks higher as ECB prepares rate cut
By Marc Jones LONDON (Reuters) – Share markets enjoyed a fourth straight day of gains on Thursday as the prospect of another ECB..
Technology
Oil prices climb 1% on fears over hurricane impact on US output
By Arunima Kumar (Reuters) -Oil prices rose by more than 1% on Thursday to extend a rebound spurred by concern over Hurricane Francine..
Headlines
Scotland’s only oil refinery to close next year, 400 jobs to go
By Ron Bousso and Robert Harvey LONDON (Reuters) -Grangemouth, Scotland’s only oil refinery, is to close in 2025 with the loss o..
Business
ECB cuts interest rates as growth dwindles
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank cut interest rates again on Thursday as inflatio..
Finance
Bank of England eyes growth with lighter bank capital reforms for UK lenders
By Sinead Cruise LONDON (Reuters) -The Bank of England aims to roll out revised new rules on how much capital UK banks must set aside ..
Finance
Global Financial Minds Converge at QuantInsti’s Algo Trading Conference of 2024
Mumbai, India – QuantInsti has just announced the Algo Trading Conference 2024, an unparalleled confluence of the brightest minds and ..
Headlines
Zara owner Inditex sees early autumn sales perk up after summer slowdown
By Corina Pons MADRID (Reuters) -Zara owner Inditex reported a jump in sales of its autumn/winter collection on Wednesday, boosting it..
Business
UK’s Boohoo to stop supplying US customers locally
By James Davey LONDON (Reuters) -Online fashion retailer Boohoo said on Wednesday it would stop supplying U.S. customers from a site i..
Headlines
Services’ grip on UK economy tightens as manufacturing share ebbs further
By Andy Bruce (Reuters) – Britain’s shift towards a services-dominated economy is accelerating, pushing manufacturing̵..
Business
Oil settles near 3-year low on weak demand outlook
By Georgina McCartney HOUSTON (Reuters) -Global oil benchmark Brent crude futures settled at their lowest level since December 2021 on..
Headlines
US stocks, dollar defensive, bonds rally as Harris harries Trump
By Lawrence White LONDON (Reuters) -U.S. stock futures faltered and the dollar was on the defensive on Wednesday, while bond prices ra..
Investment
Etihad Airways plans IPO no earlier than 2025, sources say
By Hadeel Al Sayegh, Andres Gonzalez and Federico Maccioni DUBAI/LONDON (Reuters) -Abu Dhabi’s Etihad Airways plans to make its ..
Business
S&P 500, Nasdaq rise, crude slides as CPI awaits
By Stephen Culp NEW YORK (Reuters) -The S&P 500 and the Nasdaq gained ground while Brent crude prices hit a 3-1/2-year low on Tues..
Headlines
Factbox-How AI features of iPhone and rival smartphones stack up
(Reuters) – Apple unveiled a raft of AI-powered features for its latest iPhone 16 lineup at an event on Monday, as global..
Headlines
Banks, energy stocks weigh on European bourses; BMW tumbles
By Pranav Kashyap and Lisa Pauline Mattackal (Reuters) -European equity markets largely lost ground on Tuesday, weighed by bank..
Headlines
Portugal’s government sees growth at 2% in 2024 and 2025
By Sergio Goncalves LISBON (Reuters) – Portugal’s government expects the economy to grow at an annual rate of about..
Finance
FTSE 100 falls on healthcare, energy weakness; cooling wage growth fuels rate cut bets
By Khushi Singh and Purvi Agarwal (Reuters) -London’s FTSE 100 ended lower on Tuesday, led by a sell-off in healthcare an..
Headlines
German bank shares slide, DAX underperforms
LONDON (Reuters) – German bank shares were among the worst performing European equities on Tuesday, as a selloff in U.S. ..
Finance
France withdraws pesto sauce brand after likely cases of botulism
PARIS (Reuters) -The French farm ministry on Tuesday said it detected five likely cases of food-borne botulism, a potentially f..
Finance
Boeing delivers 40 jets in August, up 5 from a year ago
(Reuters) – Boeing said on Tuesday it delivered 40 commercial jets in August, up five from the same month in 2023 when it..
Headlines
Key events at Nike under CEO John Donahoe
(Reuters) – Nike will hold its annual meeting virtually on Tuesday and a key issue to be voted on will be a workers’ right..
Business
OPEC again lowers 2024, 2025 global oil demand growth view
By Alex Lawler LONDON (Reuters) – OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received..
Headlines
Factbox-Which EU member states have introduced temporary border checks?
(Reuters) -The European Union is dealing with an increase in legal and illegal migrant arrivals, spurring some member countries to tem..
Headlines
Sterling edges up versus dollar and euro after UK data
By Stefano Rebaudo (Reuters) – Sterling edged up versus the dollar and the euro on Tuesday after UK labour data supported the vi..
Finance
European shares rise on real estate boost
By Pranav Kashyap (Reuters) – European shares climbed on Tuesday, boosted by the real-estate sector, while investors also awaite..
Investment
Morning bid: China gloom overshadows Wall Street-led rebound
A look at the day ahead in European and global markets from Rae Wee The rebound in global share markets proved short-lived in Asia on ..
Investment
Italy oyster farmers dream of pearls from warming Mediterranean
GULF OF POETS, Italy – Pearls may soon be cultivated in European seas for the first time ever, as Italian oyster farmers seek to..
Headlines
Retail, consumer CEOs see shorter tenures as boards act more quickly
By Svea Herbst-Bayliss and Richa Naidu NEW YORK/LONDON (Reuters) – When two of the most powerful brands in retail and packaged f..
Business
Books in, screens out: some Finnish pupils go back to paper after tech push
By Elviira Luoma and Anne Kauranen RIIHIMAKI, Finland (Reuters) – This autumn, pupils in the Finnish town of Riihimaki headed ba..
Headlines
Stocks ease in jittery trading; Harris-Trump debate up next
By Amanda Cooper LONDON (Reuters) – Global shares dipped on Tuesday, struggling to draw momentum from a rally on Wall Street as ..
Investment
Dollar edges down before US inflation data, presidential debate
By Stefano Rebaudo (Reuters) -The dollar edged down on Tuesday before U.S. inflation data and the televised U.S. presidential debate..
Finance
UK pay growth cools, keeping BoE on track for another rate cut
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British pay growth cooled in the three months to July to a more than two-year low an..
Business
US dollar regains footing as traders pare bets on big Fed rate cut
By Gertrude Chavez-Dreyfuss and Sruthi Shankar NEW YORK/LONDON (Reuters) -The dollar bounced against the yen and other major currencie..
News
‘Loving and being loved’: UK’s Princess Kate says she is grateful after finishing chemotherapy
By Michael Holden LONDON (Reuters) -Kate, Britain’s Princess of Wales, said on Monday she had finished her course of preventativ..
Headlines
Aldi UK says shoppers trading up as inflation eases
By Paul Sandle LONDON (Reuters) -Supermarket group Aldi UK said its prices this summer were on average lower than a year ago, easing s..
Business