News

FTSE 100 climbs on smaller-than-expected GDP contraction, GSK rebound

FTSE 100 climbs on smaller-than-expected GDP contraction, GSK rebound

By Sruthi Shankar (Reuters) – London’s FTSE 100 rose on Friday after data showed Britain’s economy contracted less t..

Flutter’s full-year earnings turnaround forecast sends shares higher

Flutter’s full-year earnings turnaround forecast sends shares higher

DUBLIN (Reuters) -Flutter posted a 20% fall in first-half earnings but saw no sign of cash-strapped customers betting less and expects..

Oil prices slip on cloudy demand outlook, but poised for weekly gain

Oil prices slip on cloudy demand outlook, but poised for weekly gain

By Sonali Paul and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices dropped in Asia trade on Friday amid an uncertain demand outlook, thoug..

Walmart’s long-lasting challenge: luring budget shoppers back to its stores

Walmart’s long-lasting challenge: luring budget shoppers back to its stores

By Arriana McLymore and Siddharth Cavale (Reuters) – Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted ..

Stocks climb, yields fall with dollar on inflation data

Stocks climb, yields fall with dollar on inflation data

By Sinéad Carew NEW YORK (Reuters) – Wall Street equities rallied and Treasury yields plunged after signs of sharply deceleratin..

Biden signs bill to boost U.S. chips, compete with China

Biden signs bill to boost U.S. chips, compete with China

By David Shepardson and Jeff Mason WASHINGTON (Reuters) -President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billio..

Russia puts Iranian satellite into orbit

Russia puts Iranian satellite into orbit

MOSCOW (Reuters) -Russia launched an Iranian satellite into orbit on Tuesday from southern Kazakhstan, just three weeks after Presiden..

FBI searches Trump’s Florida home as part of presidential records probe

FBI searches Trump’s Florida home as part of presidential records probe

By Brian Ellsworth and Sarah N. Lynch PALM BEACH, Fla. (Reuters) -Former President Donald Trump said FBI agents raided his Mar-a-Lago ..

Companies in China distance themselves from Taiwan amid Pelosi backlash

Companies in China distance themselves from Taiwan amid Pelosi backlash

By Eduardo Baptista BEIJING (Reuters) – From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are ..

Wait and see: U.S. companies curb investment as they await Fed moves

Wait and see: U.S. companies curb investment as they await Fed moves

By Timothy Aeppel (Reuters) – Business investment appears to be an early victim of red-hot U.S. inflation and rising interest ra..

Factbox: Government measures to ease inflation pain

Factbox: Government measures to ease inflation pain

(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine are co..

Russia bans Western investors from selling banking, key energy stakes

Russia bans Western investors from selling banking, key energy stakes

(This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) ..

U.S. job growth surges in July as labor market defies recession fears

U.S. job growth surges in July as labor market defies recession fears

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth unexpectedly accelerated in July, lifting the level of employment back ..

Switzerland’s new energy asset: hydro plant with capacity to charge 400,000 car batteries

Switzerland’s new energy asset: hydro plant with capacity to charge 400,000 car batteries

By Denis Balibouse FINHAUT, Switzerland (Reuters) – Switzerland is adding a much needed cog in the wheel to its energy supply wi..

Analysis-East Europe’s party is over as double-digit inflation bites

Analysis-East Europe’s party is over as double-digit inflation bites

By Krisztina Than ESZTERGOM, Hungary (Reuters) – In the weeks that followed Russia’s invasion of Ukraine, western Europe&#..

Pelosi praises Taiwan, says Asian trip wasn’t to change status quo

Pelosi praises Taiwan, says Asian trip wasn’t to change status quo

By Sakura Murakami and Kiyoshi Takenaka TOKYO (Reuters) -U.S. House of Representatives Speaker Nancy Pelosi on Friday praised Taiwan, ..

Britain lifts rates by most since 1995, latest to deliver aggressive hikes

Britain lifts rates by most since 1995, latest to deliver aggressive hikes

(Reuters) – The Bank of England raised interest rates on Thursday by half-a-point in its biggest move in 27 years to tame inflat..

Man charged under Britain’s Treason Act over Christmas Day incident at queen’s home

Man charged under Britain’s Treason Act over Christmas Day incident at queen’s home

By Michael Holden LONDON (Reuters) – A man arrested with a crossbow at Queen Elizabeth’s Windsor Castle home on Christmas ..

Why some heatwaves prove deadlier than others

Why some heatwaves prove deadlier than others

By Gloria Dickie LONDON (Reuters) – Europe’s record-breaking heatwave last month saw England and Wales register https://ww..

UK leadership favourite Truss U-turns on pay plan in first big misstep

UK leadership favourite Truss U-turns on pay plan in first big misstep

By Andrew MacAskill and Kylie MacLellan LONDON (Reuters) -Britain’s foreign minister Liz Truss, the frontrunner to replace Boris..

Europe’s summer travel chaos

Europe’s summer travel chaos

(Reuters) – Strikes and staff shortages are forcing airlines to cancel thousands of flights and causing hours-long queues at maj..

Analysis: U.S. banks face trillion-dollar reverse repo headache

Analysis: U.S. banks face trillion-dollar reverse repo headache

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The trillions of dollars in overnight cash tucked away daily at the Federal Res..

‘Living with COVID’: Where the pandemic could go next

‘Living with COVID’: Where the pandemic could go next

By Jennifer Rigby and Julie Steenhuysen LONDON/CHICAGO (Reuters) – As the third winter of the coronavirus pandemic looms in the ..

Gold investors face bind over bars from tarnished Russia

Gold investors face bind over bars from tarnished Russia

By Peter Hobson LONDON (Reuters) – Some investors want Russian gold off their books but it’s not that easy to remove. A de..

News

U.S. considers crackdown on memory chip makers in China

U.S. considers crackdown on memory chip makers in China

By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – The United States is considering limiting shipments of American chipmaking equipmen..

Russia’s 2022 inflation seen at 13.4%, more rate cuts to come: Reuters poll

Russia’s 2022 inflation seen at 13.4%, more rate cuts to come: Reuters poll

MOSCOW (Reuters) – Analysts have trimmed their year-end inflation forecasts for Russia and see room for the central bank to cont..

Some wounded Russian soldiers find compensation elusive, despite Putin’s pledge – sources

Some wounded Russian soldiers find compensation elusive, despite Putin’s pledge – sources

By Maria Tsvetkova ISTANBUL (Reuters) – A week into Moscow’s war in Ukraine, Russian President Vladimir Putin made a gesture of ..

Dollar pares gains as US growth contracts for second quarter

Dollar pares gains as US growth contracts for second quarter

By Karen Brettell NEW YORK (Reuters) – The dollar pared gains on Thursday after data showed that the U.S. economy contracted aga..

Biden begins fifth call with China’s Xi, looking to tamp down Taiwan tension

Biden begins fifth call with China’s Xi, looking to tamp down Taiwan tension

By Steve Holland and Michael Martina WASHINGTON (Reuters) -U.S. President Joe Biden and China’s Xi Jinping began their fifth cal..

The global recession drum beat is getting louder

The global recession drum beat is getting louder

By Sujata Rao, Dhara Ranasinghe and Vincent Flasseur LONDON (Reuters) – Sharply higher interest rates, red-hot inflation and a p..

U.S. carrier strike group returns to South China Sea amid Taiwan tensions

U.S. carrier strike group returns to South China Sea amid Taiwan tensions

By Greg Torode HONG KONG (Reuters) -A U.S. aircraft carrier and its strike group have returned to the South China Sea after a port cal..

Cost of living crisis? Consumers keep spending for now

Cost of living crisis? Consumers keep spending for now

By Richa Naidu and Sachin Ravikumar LONDON (Reuters) – Consumer-focused firms are seeing no shortage of demand despite the soari..

Factbox: Europe’s summer travel chaos

Factbox: Europe’s summer travel chaos

(Reuters) – Strikes and staff shortages are forcing airlines to cancel thousands of flights and causing hours-long queues at maj..

Ukraine grain export coordination centre opens in Istanbul

Ukraine grain export coordination centre opens in Istanbul

By Can Sezer and Orhan Coskun ISTANBUL (Reuters) -Turkish Defence Minister Hulusi Akar on Wednesday unveiled a centre in Istanbul to o..

Monkeypox emergency could last months, with window closing to stop spread, experts say

Monkeypox emergency could last months, with window closing to stop spread, experts say

(Clarifies that number given for at-risk population refers to UK only) By Jennifer Rigby LONDON (Reuters) -Scientists advising the Wor..

Global growth headed down as inflation surge to endure

Global growth headed down as inflation surge to endure

By Hari Kishan BENGALURU (Reuters) – The global economy is mired in a serious slowdown, with some key economies at high risk of ..

From burgers to bleach, stressed consumers buy cheap

From burgers to bleach, stressed consumers buy cheap

By Hilary Russ and Richa Naidu NEW YORK/LONDON (Reuters) -Some global consumers are showing signs of cracking, as shoppers stressed by..