Explainer-Why is inflation so high in the UK?
By William Schomberg LONDON (Reuters) – British inflation defied forecasts of a fall in May and stayed far above price growth in the United States and elsewhere in Europe, pressuring…
By William Schomberg LONDON (Reuters) – British inflation defied forecasts of a fall in May and stayed far above price growth in the United States and elsewhere in Europe, pressuring…
(Reuters) – Chip designer Nvidia closed Tuesday with a trillion-dollar market value for the first time, part of a steady climb in the stock’s price in recent months on the…
By Elvira Pollina and Mathieu Rosemain MILAN (Reuters) – Merger and acquisition speculation has lifted shares in MFE, the late Silvio Berlusconi’s TV business, following his death, but a number…
LONDON (Reuters) – OPEC and its allies, including Russia, meet in Vienna on June 4 to decide on their output policy. The group, known as OPEC+, agreed on April 2…
By Harry Robertson LONDON (Reuters) – Investors poured $367 billion into U.S. money market funds in March, according to data provider EPFR, as the collapse of Silicon Valley Bank caused…
By Richard Lough PARIS (Reuters) – President Emmanuel Macron faces the toughest challenge to his authority after his government bypassed the lower house to push through a deeply unpopular pension…
BERLIN (Reuters) – EU finance ministers started talks last week on adjusting the bloc’s fiscal rules to the post-pandemic realities of high debt and significant investment needs, but some countries…
By Brendan O’Boyle MEXICO CITY (Reuters) – Mexican security forces on Thursday arrested cartel leader Ovidio Guzman, son of incarcerated kingpin Joaquin “El Chapo” Guzman, the country’s defense minister said.…
By Gloria Dickie MONTREAL (Reuters) – This month’s U.N. biodiversity talks in Montreal aim to hammer out a new, global agreement. But this isn’t the first time governments have tried…
By David Brunnstrom and Karen Lema WASHINGTON/MANILA (Reuters) – U.S. Vice President Kamala Harris visits the Philippines this week in the Biden administration’s latest high-level engagement with America’s oldest Asian…
KYIV (Reuters) – Ukrainian troops were greeted by joyous residents in the centre of Kherson on Friday after Russia abandoned the only regional capital it had captured since its invasion…
KYIV (Reuters) – Ukrainian forces are piling pressure on Russian troops in the southern region of Kherson that Moscow occupied at the start of its invasion of Ukraine on Feb.…
By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – Signs that the European Union may jointly fund the bloc’s response to the energy crisis would mark the next milestone on…
LONDON (Reuters) – OPEC+ surprise deep oil production cuts agreed this week are set to benefit Russia most while tightening supply to the West already suffering from record energy prices.…
By Laura Sanicola (Reuters) – After a tumultuous year, U.S. gasoline prices have been steadily falling from peaks reached in June due to high demand and tight global refining supply.…
LONDON (Reuters) – Britain’s central bank resorted to buying bonds again on Wednesday in an emergency move to reduce the chaos in financial markets which was triggered last week by…
LONDON (Reuters) – A dramatic upswing in British government bond yields this week triggered calls for cash from defined benefit pension funds, forcing them to slash positions and prompt the…
By Satoshi Sugiyama and Maki Shiraki TOKYO (Reuters) – The weak yen was once a cause for celebration for Japanese companies as it meant they could sell cars and cameras…
By Nina Chestney A global surge in wholesale power and gas prices means households across Europe face much higher energy bills this year and beyond, with the region’s most vulnerable…
By Simon Jessop and Huw Jones LONDON (Reuters) – The first stress tests to assess banks’ exposure to the risks of climate change are underestimating the worst-case scenario, the European…
By Susanna Twidale LONDON (Reuters) – The Nord Stream 1 pipeline that transports gas from Russia to Germany will undergo maintenance from Aug.31 – Sept. 2, cutting flows to zero…
By Nina Chestney A global surge in wholesale power and gas prices means households across Europe face much higher energy bills this year and beyond, with the region’s most vulnerable…
By Jacob Gronholt-Pedersen and Nikolaj Skydsgaard COPENHAGEN – Swedish loss-making airline SAS is fighting for survival, the latest carrier to hit financial straits due to hefty debts, stiff competition and…
(Reuters) – World swimming’s governing body FINA on Sunday voted for new eligibility rules that restrict the participation of transgender athletes in elite women’s competitions. The policy is the strictest…
By Pratima Desai and Eric Onstad LONDON – U.S. hedge fund Elliott Associates is suing the London Metal Exchange (LME) for $456 million for cancelling nickel trades after chaotic trading…