Headlines

Value of UK business loans written off by banks almost doubles in last quarter in 2021 – up to £356m from £190m

Value of UK business loans written off by banks almost doubles in last quarter in 2021 – up to £356m from £190m

Over 12,000 companies’ insolvent this quarter – four times last quarter Multiple headwinds (rising interest rates, higher energy pric..

18-month waiting lists for new Electric Vehicles are just the start unless we ‘nearshore’ EV battery supply

18-month waiting lists for new Electric Vehicles are just the start unless we ‘nearshore’ EV battery supply

Disrupted supply chains are causing long waiting lists for new electric cars; to fix it, we need shorter supply chains an..

Just one of the boys’: the schooldays that shaped Prince Charles

Just one of the boys’: the schooldays that shaped Prince Charles

By Sarah Mills LONDON (Reuters) – British heir to the throne Prince Charles was “just one of the boys” when he was a..

Banks may have to jettison old tech to be reliable, says Bank of England

Banks may have to jettison old tech to be reliable, says Bank of England

By Huw Jones LONDON (Reuters) – Britain’s banks may have to jettison ageing technology to meet tougher recovery requiremen..

Factbox-What are the findings from a report into lockdown parties in Downing Street?

Factbox-What are the findings from a report into lockdown parties in Downing Street?

LONDON (Reuters) – Britain published on Wednesday a long-awaited report into lockdown-breaching parties held at Prime Minister B..

IAEA at ‘very difficult juncture’ with Iran on unanswered questions

IAEA at ‘very difficult juncture’ with Iran on unanswered questions

By Dmitry Zhdannikov DAVOS, Switzerland (Reuters) – Talks with Iran aimed at ending a long standoff on explaining the origin of ..

Russian parliament scraps age limit for army recruits

Russian parliament scraps age limit for army recruits

(Reuters) -Russia’s parliament approved a law on Wednesday in double-quick time removing the upper age limit for contractual ser..

EU cracks widen over Ukraine as Italy, Hungary urge truce

EU cracks widen over Ukraine as Italy, Hungary urge truce

By Francesco Guarascio BRUSSELS (Reuters) – Italy and Hungary have urged the EU to call explicitly for a ceasefire in Ukraine an..

Finland, Sweden to send teams to Turkey to discuss NATO bids, Haavisto says

Finland, Sweden to send teams to Turkey to discuss NATO bids, Haavisto says

HELSINKI (Reuters) – Finland and Sweden will send delegations to Ankara on Wednesday to try to resolve Turkish opposition to the..

Germany’s vaccine panel says one COVID shot enough for children

Germany’s vaccine panel says one COVID shot enough for children

By Patricia Weiss and Ludwig Burger FRANKFURT (Reuters) -Germany’s vaccine advisory panel on Tuesday said one COVID-19 shot was ..

EU calls for Russia dialogue to unlock Ukraine food exports

EU calls for Russia dialogue to unlock Ukraine food exports

By Sabine Siebold DAVOS, Switzerland (Reuters) – European Commission chief Ursula von der Leyen on Tuesday called for talks with..

Russian and Chinese jets patrol East Asia skies, capping Biden trip

Russian and Chinese jets patrol East Asia skies, capping Biden trip

By Michael Martina, Nobuhiro Kubo and Hyonhee Shin (Reuters) -Russian and Chinese military planes conducted joint exercises to patrol ..

Explainer-Ukraine looks for ways to get its grain out

Explainer-Ukraine looks for ways to get its grain out

By Pavel Polityuk and Silvia Aloisi KYIV (Reuters) – Ukraine is seeking ways to get grain and vegetable oils out of the country ..

Biden says he would be willing to use force to defend Taiwan against China

Biden says he would be willing to use force to defend Taiwan against China

By Trevor Hunnicutt and Sakura Murakami TOKYO (Reuters) -U.S. President Joe Biden said on Monday he would be willing to use force to d..

Economic outlook has ‘darkened’, business and government leaders warn in Davos

Economic outlook has ‘darkened’, business and government leaders warn in Davos

By Balazs Koranyi and Dan Burns DAVOS, Switzerland (Reuters) -Multiple threats to the global economy topped the worries of the world&#..

Does the Commonwealth have a future after Queen Elizabeth?

Does the Commonwealth have a future after Queen Elizabeth?

By Sarah Mills LONDON (Reuters) – As Queen Elizabeth celebrates her 70th year on the throne, there are questions about whether t..

G7 offers $9.5 billion new aid for Ukraine, ready with more

G7 offers $9.5 billion new aid for Ukraine, ready with more

By Christian Kraemer and Francesco Canepa KOENIGSWINTER, Germany (Reuters) – The Group of Seven’s financial leaders agreed..

UK retail sales jump unexpectedly, but big picture bleak

UK retail sales jump unexpectedly, but big picture bleak

By Andy Bruce LONDON (Reuters) – British retail sales jumped unexpectedly in April as shoppers loaded up on alcohol and tobacco,..

Ukraine apartment residents suffer war in different ways

Ukraine apartment residents suffer war in different ways

By Jonathan Landay SLATYNE, Ukraine (Reuters) – The only 10 residents left in the Commune, an apartment complex in the eastern U..

Exclusive-Danone ramps up U.S. baby formula shipments to address shortage

Exclusive-Danone ramps up U.S. baby formula shipments to address shortage

By Richa Naidu and Lisa Baertlein LONDON/LOS ANGELES (Reuters) – Aptamil maker Danone SA has stepped up shipments of infant form..

Computer chip giant ASML places big bets on a tiny future

Computer chip giant ASML places big bets on a tiny future

By Toby Sterling VELDHOVEN, Netherlands (Reuters) – ASML, a semiconductor industry and stock market giant, has to think smaller...

Some in Shanghai allowed out to shop; end of COVID lockdown in sight

Some in Shanghai allowed out to shop; end of COVID lockdown in sight

By Brenda Goh SHANGHAI/BEIJING (Reuters) – More Shanghai residents were given the freedom to go out to shop for groceries for th..

Spiralling costs could take Greek graviera cheese off the menu

Spiralling costs could take Greek graviera cheese off the menu

By Karolina Tagaris and Vassilis Triandafyllou NAXOS, Greece (Reuters) – In a small factory on the Greek island of Naxos, worker..

McDonald’s to sell Russia restaurants to local operator, rebrand

McDonald’s to sell Russia restaurants to local operator, rebrand

By Praveen Paramasivam (Reuters) -McDonald’s Corp is selling its restaurants in Russia to one of its current local licensees, wh..

Deliveroo-GMB Voluntary Partnership Agreement

Deliveroo-GMB Voluntary Partnership Agreement

This is a Voluntary Partnership Agreement between Deliveroo and the GMB. Deliveroo recognises the GMB Union as the sole independent tr..

Twitter’s account of deal shows Musk signing without asking for more info

Twitter’s account of deal shows Musk signing without asking for more info

By Greg Roumeliotis and Tom Hals (Reuters) – Twitter Inc published its account on Tuesday of its deal negotiations with Elon Mus..

Depp lawyers question Heard about knife, love notes in defamation case

Depp lawyers question Heard about knife, love notes in defamation case

By Lisa Richwine LOS ANGELES (Reuters) – Attorneys for Johnny Depp attempted to discredit Amber Heard’s abuse claims in th..

Octopus Energy backs mega solar farm in Morocco to power 7 million heat pumps with cheap green power

Octopus Energy backs mega solar farm in Morocco to power 7 million heat pumps with cheap green power

Octopus Energy enters deal with Morocco-UK Power Project Xlinks ● 10 GW renewables project to diversify UK energy supply routes this..

Credit Suisse Group rating downgraded by S&P

Credit Suisse Group rating downgraded by S&P

ZURICH (Reuters) -Credit Suisse Group AG’s credit rating has been downgraded to BBB from BBB+ by Standard & Poors, a blow fo..

Factbox-COVID-hit Chinese cities seek exit from painful lockdown

Factbox-COVID-hit Chinese cities seek exit from painful lockdown

By Roxanne Liu and Ryan Woo (Reuters) – Plans by COVID-hit Chinese cities to exit or avoid lockdown are more fraught and uncerta..

Ukraine begins first war crimes trial of Russian soldier

Ukraine begins first war crimes trial of Russian soldier

By Pavel Polityuk and Tom Balmforth KYIV (Reuters) -A Ukrainian court held a preliminary hearing on Friday in the first war crimes tri..

Soccer-Nike ends sponsorship deal with Spartak Moscow

Soccer-Nike ends sponsorship deal with Spartak Moscow

(Reuters) -Nike has terminated its sponsorship deal with Russian Premier League club Spartak Moscow because they will not be taking pa..

Battered sterling gets respite but set for weekly fall vs dollar

Battered sterling gets respite but set for weekly fall vs dollar

By Lucy Raitano LONDON (Reuters) – Britain’s pound edged up against the dollar on Friday, offering some respite from a wee..

Spain April final CPI 8.3% y/y vs 9.8% in March

Spain April final CPI 8.3% y/y vs 9.8% in March

(Reuters) -Spanish national consumer prices rose 8.3% year-on-year in April, according to data from the National Statistics Institute ..

Germany promises G7 show of unity against Russia as ministers meet

Germany promises G7 show of unity against Russia as ministers meet

By Alexander Ratz and John Irish WEISSENHAUS, Germany (Reuters) – Foreign ministers from the G7 group of rich nations aim to giv..

Explainer-How N.Korea’s COVID-19 outbreak could ignite a major health crisis

Explainer-How N.Korea’s COVID-19 outbreak could ignite a major health crisis

By Soo-hyang Choi and Josh Smith SEOUL (Reuters) – North Korea’s admission that it is battling an “explosive” ..

Analysis: Traders ready for wilder swings as rate rises stoke volatility

Analysis: Traders ready for wilder swings as rate rises stoke volatility

By Dhara Ranasinghe, Saikat Chatterjee and Davide Barbuscia LONDON/NEW YORK (Reuters) – Traders in the world’s largest mar..