News

UK lenders step up mortgage price battle as inflation slows

UK lenders step up mortgage price battle as inflation slows

By Iain Withers LONDON (Reuters) – British lenders have accelerated price cut..

European companies exploring ways to boost rare metal supply

European companies exploring ways to boost rare metal supply

BRUSSELS (Reuters) – European companies are exploring ways to replace the gall..

Dollar gains after U.S. retail sales fall less than expected

Dollar gains after U.S. retail sales fall less than expected

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar gained on W..

UK’s Hunt readies growth plan after fall in inflation

UK’s Hunt readies growth plan after fall in inflation

By William Schomberg and David Milliken LONDON (Reuters) – British finance mi..

Factbox-What you need to know about Ampere, Renault’s EV unit

Factbox-What you need to know about Ampere, Renault’s EV unit

PARIS (Reuters) -French car maker Renault is holding an investor day for its electri..

EU agrees law to hit fossil fuel imports with methane emissions limit

EU agrees law to hit fossil fuel imports with methane emissions limit

(Reuters) – The European Union reached a deal on Wednesday on a law to place ..

German economy, auto sector face risks from exposure to China, fund manager says

German economy, auto sector face risks from exposure to China, fund manager says

FRANKFURT (Reuters) – Germany’s heavy economic exposure to China carries..

Strong pay growth in UK spreads to public sector, survey shows

Strong pay growth in UK spreads to public sector, survey shows

LONDON (Reuters) – Strong pay growth in Britain’s private sector will..

Britain’s Global Investment Summit draws top banking bosses

Britain’s Global Investment Summit draws top banking bosses

LONDON (Reuters) – JP Morgan’s Jamie Dimon and Goldman Sachs’ D..

Climate change likely to boost inflation, Bank of England’s Mann says

Climate change likely to boost inflation, Bank of England’s Mann says

By David Milliken LONDON (Reuters) – Climate change and countries’ diff..

Analysis-Electric car demand set to stall in Europe’s ‘valley of death’

Analysis-Electric car demand set to stall in Europe’s ‘valley of death’

BERLIN/LONDON (Reuters) – After years of accelerating growth, Europe’s e..

Apple to file challenge over Digital Markets Act in EU Court- Bloomberg News

Apple to file challenge over Digital Markets Act in EU Court- Bloomberg News

(Reuters) – Apple Inc is set to challenge the European Union’s decision..

Continental hikes car market forecast, warns on 2024 outlook

Continental hikes car market forecast, warns on 2024 outlook

By Victoria Waldersee BERLIN (Reuters) -Germany’s Continental expects a stron..

Bank of Spain governor warns of risks of extending bank windfall tax

Bank of Spain governor warns of risks of extending bank windfall tax

MADRID (Reuters) – Any potential extension of the current Spanish windfall ta..

With crime in focus, UK’s Sunak sets out pre-election agenda in King’s Speech

With crime in focus, UK’s Sunak sets out pre-election agenda in King’s Speech

By Elizabeth Piper and Andrew MacAskill LONDON (Reuters) -Britain’s governmen..

Don’t confuse customers over stablecoins, Bank of England warns lenders

Don’t confuse customers over stablecoins, Bank of England warns lenders

By Huw Jones LONDON (Reuters) -The Bank of England told lenders on Monday that they..

Travelers put off holiday trips to Middle East as Israel-Hamas war rages

Travelers put off holiday trips to Middle East as Israel-Hamas war rages

NEW YORK/LONDON (Reuters) – Travelers are canceling or postponing planned vaca..

Analysis-WeWork’s troubles darken outlook for embattled office market

Analysis-WeWork’s troubles darken outlook for embattled office market

By Sinead Cruise LONDON (Reuters) -The troubles faced by co-working titan WeWork ar..

US dollar drops to six-week low after softer-than-expected jobs data

US dollar drops to six-week low after softer-than-expected jobs data

NEW YORK (Reuters) – The dollar fell to a six-week low on Friday, after data s..

Analysis-Traders bet ECB will be first big central bank to cut rates

Analysis-Traders bet ECB will be first big central bank to cut rates

(Reuters) – Financial markets are ramping up expectations for interest rate cu..

BMW says ‘no interest’ in price war as order books bulge

BMW says ‘no interest’ in price war as order books bulge

BERLIN (Reuters) -BMW forecast strong fourth quarter sales on Friday and said its or..

US job growth misses expectations in October as labor market slows

US job growth misses expectations in October as labor market slows

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth slowed in October in..

Stocks gain, Treasury yields fall after U.S. jobs market softens

Stocks gain, Treasury yields fall after U.S. jobs market softens

NEW YORK/LONDON (Reuters) -Global stock indexes rose, the dollar weakened and benchm..

UK’s Sunak urges world leaders to address AI risks

UK’s Sunak urges world leaders to address AI risks

BLETCHLEY PARK, England (Reuters) – World leaders have a responsibility to add..

Analysis-Central banks’ big pause spurs bruised bond investors to double down

Analysis-Central banks’ big pause spurs bruised bond investors to double down

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Bond investors bruised ..

Britons’ cost-of-living crisis habits will endure, says Sainsbury’s boss

Britons’ cost-of-living crisis habits will endure, says Sainsbury’s boss

By James Davey LONDON (Reuters) – Changes to British consumers’ behavio..

Ferrari sees strong demand stretching into the distance

Ferrari sees strong demand stretching into the distance

MILAN (Reuters) -Ferrari’s order books are bulging all the way into 2025 when ..

Bank of England keeps rates at 15-year high, rules out quick cuts to help economy

Bank of England keeps rates at 15-year high, rules out quick cuts to help economy

By William Schomberg and Andy Bruce LONDON (Reuters) – The Bank of England he..

US dollar retreats as risk appetite rises, Fed rate hikes seen as done

US dollar retreats as risk appetite rises, Fed rate hikes seen as done

(Removes extraneous word “be” in the quote in the 7th paragraph) By Samu..

Global central banks mark a possible plateau

Global central banks mark a possible plateau

By Howard Schneider, William Schomberg and Francesco Canepa (Reuters) – The B..

Global fund managers sharpen bank scrutiny following crisis -survey

Global fund managers sharpen bank scrutiny following crisis -survey

By Laura Matthews and Chiara Elisei NEW YORK/LONDON (Reuters) – Global fund m..

Factbox-More automakers plug into Tesla’s EV charging network

Factbox-More automakers plug into Tesla’s EV charging network

(Reuters) -More automakers signed up to access Tesla’s electric-vehicle chargi..

China, US and EU agree to work together on AI safety at UK summit

China, US and EU agree to work together on AI safety at UK summit

China, US and EU agree to work together on AI safety at UK summit By Paul Sandle, Ma..

King Charles will deliver COP28 opening speech, Buckingham Palace says

King Charles will deliver COP28 opening speech, Buckingham Palace says

LONDON (Reuters) – King Charles will give the opening address at the COP28 U.N..

Fed keeps rates unchanged, acknowledges economy is ‘strong’

Fed keeps rates unchanged, acknowledges economy is ‘strong’

WASHINGTON (Reuters) – The Federal Reserve held interest rates steady on Wedne..

BP shares slump as Q3 profit misses forecast on weak gas

BP shares slump as Q3 profit misses forecast on weak gas

By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP on Tuesday reported t..

Endesa warns of slowdown in renewables development

Endesa warns of slowdown in renewables development

MADRID (Reuters) – Spanish power utility Endesa is slowing the pace of its ren..