Suspicious minds leave UK assets all shook up
By Andy Bruce LONDON (Reuters) – There is trouble ahead for Britain’s new finance minister Kwasi Kwarteng: a marked shift in how British assets are behaving in markets points to…
By Andy Bruce LONDON (Reuters) – There is trouble ahead for Britain’s new finance minister Kwasi Kwarteng: a marked shift in how British assets are behaving in markets points to…
By Jarrett Renshaw (Reuters) – The White House released new details on Wednesday on how it plans to invest more than $2 billion in the U.S. biotechnology sector as it…
(Reuters) – Philip Morris International Inc said on Wednesday it had appointed two former U.S. Food and Drug Administration (FDA) officials to key positions at a time when tobacco companies…
LONDON (Reuters) – British house prices leapt in July by 15.5% in annual terms, the biggest increase since May 2003, reflecting how prices in the same month last year were…
HONG KONG (Reuters) -Seven companies have bid for new casino licenses in the world’s biggest gaming hub, with new contracts set to start at the beginning of 2023, Macau’s government…
By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) – The yen jumped over 1% on Wednesday after media reports the Bank of Japan conducted a rate check in apparent preparation…
By Dhara Ranasinghe LONDON (Reuters) -World stocks were stuck in a sea of red on Wednesday as markets braced for an even more aggressive U.S. Federal Reserve to tame inflation,…
PARIS (Reuters) – French carmaker Renault will start negotiations with unions on Sept. 22 to discuss emergency measures aimed at improving the purchasing power of its workers, according to labour…
By David Shepardson DETROIT (Reuters) -President Joe Biden on Wednesday will announce the approval of the first $900 million in U.S. funding to build EV charging stations in 35 states…
(Reuters) – The average interest rate on the most popular U.S. home loan rose above 6% for the first time since 2008 and is now more than double the level…
(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine have combined to drive up prices of energy, commodities and basic necessities. Below…
By Kevin Yao BEIJING (Reuters) -China’s ruling Communist Party sets the stage next month for the biggest overhaul of its economic leadership in a decade, with a generation of reform-minded…
BERLIN/ZURICH (Reuters) -Logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Lufthansa to 17.5%, Kuehne Holding said on Wednesday, after the German government sold all its remaining shares in the…
By Kantaro Komiya, Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -The Bank of Japan conducted a rate check with banks on Wednesday in apparent preparation to step in to tame…
FRANKFURT (Reuters) – The German government could end up taking a majority in ailing gas importer Uniper, the company said on Wednesday, pointing to losses that have grown since an…
MADRID (Reuters) – Fashion brand Zara’s owner Inditex said on Wednesday it plans to hike prices again this autumn, as one of the world’s top clothes retailers tries to offset…
By David Milliken and Andy Bruce LONDON (Reuters) – British consumer price inflation fell for the first time in almost a year in August as a drop in fuel prices…
NICOSIA (Reuters) – The European Central Bank has expedited its exit from ultra easy monetary policy to bring inflation back to target but it remains open how high interest rates…
By Michelle Price and Pete Schroeder WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) is scheduled on Wednesday to propose draft rules to boost the resilience of the…
A look at the day ahead in U.S. and global markets from Mike Dolan. Markets are realizing this inflation fight could be a longer, harder slog than many had hoped.…
JAKARTA (Reuters) – Indonesia’s parliamentary budget committee and the government on Wednesday agreed to set a 2023 economic growth target of 5.3%, the committee’s chair said, similar with President Joko…
TOKYO (Reuters) – Japanese authorities will act “swiftly without any interruption” if they decide to intervene in the currency market to stem sharp yen falls, Finance Minister Shunichi Suzuki said…
BRUSSELS (Reuters) – Google on Wednesday voiced disappointment with an EU court judgment backing an EU antitrust decision against the company. “We are disappointed that the Court did not annul…
By Foo Yun Chee LUXEMBOURG (Reuters) – Google suffered one of its biggest setbacks on Wednesday after Europe’s second-top court upheld an EU antitrust decision against the Alphabet company for…
By Mei Mei Chu and A. Ananthalakshmi KUALA LUMPUR (Reuters) -Goodyear Tire & Rubber Co has reached an agreement to settle a labour dispute at its Malaysian factory with migrant…