Factbox-What is Rishi Sunak’s solution to Britain’s problems?
LONDON (Reuters) – Since entering the contest to be British prime minister, frontrunner Rishi Sunak has said little publicly abo..
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Rishi Sunak declared next leader of UK Conservative Party, to become next PM
LONDON (Reuters) – Rishi Sunak was declared the next leader of Britain’s Conservative Party by the head of the 1922 Commit..
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EU countries seek common stance on climate compensation for COP27
By Kate Abnett and Bart H. Meijer BRUSSELS (Reuters) -Ministers from European Union countries will attempt on Monday to agree their ne..
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China’s Xi clinches third term, packs leadership with loyalists
By Yew Lun Tian and Tony Munroe BEIJING (Reuters) -China’s Xi Jinping secured a precedent-breaking third leadership term on Sund..
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Poland’s Bank Millennium third-quarter results hit by payment holidays
WARSAW (Reuters) -Bank Millennium, part of Portuguese banking group Millennium bcp, on Monday reported a third-quarter net loss of 1.0..
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Euro zone October PMI adds to evidence bloc is heading for recession
By Jonathan Cable LONDON (Reuters) -The euro zone is likely entering a recession with business activity contracting at the fastest pac..
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FTSE 100 slips on stronger pound; PM race takes focus
By Johann M Cherian (Reuters) -UK’s FTSE 100 fell on Monday as a stronger pound and weaker oil prices weighed on the blue-chip i..
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No messing around with red-hot inflation: Five questions for the ECB
By Dhara Ranasinghe, Stefano Rebaudo and Kripa Jayaram LONDON (Reuters) – The European Central Bank meets on Thursday and appear..
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Liz Truss resigns after six weeks as UK prime minister
(Refiles as UPDATE 7, not 6, text unchanged) By Elizabeth Piper, Andrew MacAskill and Muvija M LONDON (Reuters) – Liz Truss said..
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Marketmind: Reality check
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever If investors needed a reminder that t..
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Digital ad market shows ‘signs of life’ but economy clouds 2023 outlook
By Sheila Dang and Katie Paul (Reuters) – When Snap Inc kicks off the third-quarter earnings season for tech and social media co..
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BMW invests $1.7 billion to build electric vehicles in U.S
By David Shepardson SPARTANBURG, South Carolina (Reuters) -BMW AG said on Wednesday it will invest $1.7 billion to build electric vehi..
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Nestle sales soar as price rises drive growth
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -Nestle posted its strongest nine-month sales growth in 14 years on Wednesday a..
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Tesla investors to focus on demand issues in earnings report
(Reuters) -Tesla Inc’s quarterly report on Wednesday will likely show whether the Elon Musk-led electric-vehicle maker is facing..
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Italy’s Brembo sets up venture capital arm to invest in tech startups
MILAN (Reuters) – Premium brakes maker Brembo said on Wednesday it had set up an internal venture capital unit, called Brembo Ve..
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Irish central bank eases strict mortgage-lending limits
By Conor Humphries DUBLIN (Reuters) -Ireland’s central bank is to ease mortgage-lending limits to allow first-time property buye..
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Australia to investigate reports pilots trained Chinese military – minister
By Kirsty Needham, Jamie Freed and Lucy Craymer SYDNEY/WELLINGTON (Reuters) -Australia’s defence minister said its military was ..
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China lodges representations over alleged harassment at Manchester consulate
BEIJING (Reuters) – China’s foreign ministry, responding to a question about clashes between Hong Kong protesters and the ..
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Just Eat delivers Q3 profit as cost cuts outweigh lower order volumes
By Diana Mandia and Dagmarah Mackos (Reuters) -Just Eat Takeaway.com, Europe’s largest meal delivery company, said on Wednesday ..
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ECB to go big again on Oct. 27 with 75 bps rate hike: Reuters poll
By Jonathan Cable LONDON (Reuters) – The European Central Bank will go for another jumbo 75 basis point increase to its deposit ..
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OutThink raises $10 million to tackle human errors behind data breaches
By Juliette Portala (Reuters) – London-based cybersecurity company OutThink has raised $10 million in early-stage investments ba..
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UK regulator’s head of enforcement to step down in 2023
By Kirstin Ridley and Carolyn Cohn LONDON (Reuters) -Mark Steward, head of enforcement at Britain’s Financial Conduct Authority ..
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Oracle Cloud adding tens of thousands of Nvidia chips for AI
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Oracle Corp and Nvidia Corp on Tuesday announced they are expanding their partner..
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Holcim supports resolution with U.S. regarding legacy operations in Syria
ZURICH (Reuters) – Holcim said it supported the agreement made by Lafarge SA with the United States Department of Justice on Tue..
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Tesla tops battery-electric vehicle registrations in Germany, beating Volkswagen
BERLIN (Reuters) – Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at n..
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Factbox-Strikes, protests in Europe over cost of living and pay
(Reuters) – European countries are facing more strikes and protests due to high energy prices and mounting costs of living. Here..
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Analysis-UK crisis forces ‘off kilter’ businesses to halt investment
By Kate Holton and James Davey LONDON (Reuters) – British company owners are pulling investments as a crisis triggered in Westmi..
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Britain’s political and market turmoil
LONDON (Reuters) – Prime Minister Liz Truss has apologised for threatening Britain’s economic stability after she was forc..
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Bond vigilantes mean business, governments better beware
(This Oct. 17 story has been refiled to add a dropped word in paragraph 2.) By Marc Jones and Yoruk Bahceli LONDON (Reuters) – T..
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Russian soft drinks maker to cut back investments, hiring over new sugar tax
MOSCOW (Reuters) – Chernogolovka, a Russian soft drinks producer hoping to seize market share as Western competitors leave, said..
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Inflation drives global firms eastward in Europe in search of cost savings
By Michael Kahn and Anna Koper PRAGUE/WARSAW (Reuters) – Central European companies that provide remote, lower-cost business ser..
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Australia, Singapore sign ‘green economy’ pact
By Lewis Jackson SYDNEY (Reuters) – Australia and Singapore agreed on Tuesday on a “green economy” deal to boost coo..
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Rio Tinto tempers annual iron ore shipments outlook as demand weakens
By Harish Sridharan (Reuters) -Rio Tinto forecast annual iron ore shipments at the lower end of its guidance on Tuesday, after third-q..
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UK’s Truss: ‘Sorry’ for the mistakes, but ‘I’m sticking around’
LONDON (Reuters) -Britain’s Prime Minister Liz Truss apologised for “mistakes” in her programme that caused investor..
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YouTube expands audio and podcast advertising for brands
By Sheila Dang (Reuters) – Alphabet Inc’s YouTube will expand ways for advertisers to reach music and podcast listeners an..
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Visa, Mastercard under fresh FTC investigation over debit card routing – WSJ
(Reuters) – The U.S. Federal Trade Commission is investigating whether Visa Inc and Mastercard Inc’s security tokens restr..
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Stellantis CEO calls for talks to soften EU’s 2035 fossil-fuel car ban
By Gilles Guillaume PARIS (Reuters) – The European Union’s proposed 2035 ban on fossil-fuel cars should be renegotiated to..
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