UK lenders step up mortgage price battle as inflation slows
By Iain Withers LONDON (Reuters) – British lenders have accelerated price cuts on mortgages as competition intensifies, inflati..
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European companies exploring ways to boost rare metal supply
BRUSSELS (Reuters) – European companies are exploring ways to replace the gallium and germanium supply put at risk by China̵..
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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 Wednesday after U.S. retail sales fell less than ex..
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UK’s Hunt readies growth plan after fall in inflation
By William Schomberg and David Milliken LONDON (Reuters) – British finance minister Jeremy Hunt will change gear next week to f..
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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 electric vehicle unit Ampere, which was carved out from R..
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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 methane emissions limits on Europe’s oil and..
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German economy, auto sector face risks from exposure to China, fund manager says
FRANKFURT (Reuters) – Germany’s heavy economic exposure to China carries significant risks for Europe’s top economy,..
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Strong pay growth in UK spreads to public sector, survey shows
LONDON (Reuters) – Strong pay growth in Britain’s private sector will be matched in the public sector in the year ahead..
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Britain’s Global Investment Summit draws top banking bosses
LONDON (Reuters) – JP Morgan’s Jamie Dimon and Goldman Sachs’ David Solomon will attend Britain’s Global In..
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Climate change likely to boost inflation, Bank of England’s Mann says
By David Milliken LONDON (Reuters) – Climate change and countries’ different approaches to combat it are likely boost inf..
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Analysis-Electric car demand set to stall in Europe’s ‘valley of death’
BERLIN/LONDON (Reuters) – After years of accelerating growth, Europe’s electric car sales appear to be entering a go-slow ..
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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 to put all of the App Store into the bloc’s..
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Continental hikes car market forecast, warns on 2024 outlook
By Victoria Waldersee BERLIN (Reuters) -Germany’s Continental expects a strong fourth quarter for its automotive business and h..
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Bank of Spain governor warns of risks of extending bank windfall tax
MADRID (Reuters) – Any potential extension of the current Spanish windfall tax on banks should take into account the preservati..
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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 government set out its plans to tackle crime, boost growth ..
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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 must avoid any risk that customers might confuse ..
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Travelers put off holiday trips to Middle East as Israel-Hamas war rages
NEW YORK/LONDON (Reuters) – Travelers are canceling or postponing planned vacations to the Middle East and North Africa due to f..
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Analysis-WeWork’s troubles darken outlook for embattled office market
By Sinead Cruise LONDON (Reuters) -The troubles faced by co-working titan WeWork are darkening the outlook for the world’s larg..
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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 showed the world’s largest economy created fe..
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Analysis-Traders bet ECB will be first big central bank to cut rates
(Reuters) – Financial markets are ramping up expectations for interest rate cuts from the European Central Bank, betting it will..
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BMW says ‘no interest’ in price war as order books bulge
BERLIN (Reuters) -BMW forecast strong fourth quarter sales on Friday and said its order book was filled into the first few months of n..
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US job growth misses expectations in October as labor market slows
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth slowed in October in part as strikes by the United Auto Workers (UAW) ..
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Stocks gain, Treasury yields fall after U.S. jobs market softens
NEW YORK/LONDON (Reuters) -Global stock indexes rose, the dollar weakened and benchmark 10-year U.S. Treasury yields fell to five-week..
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UK’s Sunak urges world leaders to address AI risks
BLETCHLEY PARK, England (Reuters) – World leaders have a responsibility to address the risks of artificial intelligence, British..
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Analysis-Central banks’ big pause spurs bruised bond investors to double down
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Bond investors bruised by a record hiking cycle are increasing their posi..
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Britons’ cost-of-living crisis habits will endure, says Sainsbury’s boss
By James Davey LONDON (Reuters) – Changes to British consumers’ behaviour that emerged during the ongoing cost-of-living ..
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Ferrari sees strong demand stretching into the distance
MILAN (Reuters) -Ferrari’s order books are bulging all the way into 2025 when it plans to launch its first fully electric vehicl..
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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 held interest rates at a 15-year peak on Thursday an..
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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 Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW Y..
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Global central banks mark a possible plateau
By Howard Schneider, William Schomberg and Francesco Canepa (Reuters) – The Bank of England’s decision to hold its policy..
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Global fund managers sharpen bank scrutiny following crisis -survey
By Laura Matthews and Chiara Elisei NEW YORK/LONDON (Reuters) – Global fund managers are exploring ways to spread their counter..
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Factbox-More automakers plug into Tesla’s EV charging network
(Reuters) -More automakers signed up to access Tesla’s electric-vehicle charging infrastructure across the United States, taking..
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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, Martin Coulter BLETCHLEY PARK, England (Reuters) -Ch..
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King Charles will deliver COP28 opening speech, Buckingham Palace says
LONDON (Reuters) – King Charles will give the opening address at the COP28 U.N. global climate summit in Dubai, Buckingham Palac..
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Fed keeps rates unchanged, acknowledges economy is ‘strong’
WASHINGTON (Reuters) – The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase ..
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BP shares slump as Q3 profit misses forecast on weak gas
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP on Tuesday reported third-quarter earnings of $3.3 billion, missing ana..
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Endesa warns of slowdown in renewables development
MADRID (Reuters) – Spanish power utility Endesa is slowing the pace of its renewable energy development, its top managers said, ..
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