Volkswagen’s financial services undergoing reorganization
FRANKFURT (Reuters) – Volkswagen is reorganizing its financial services holding companies, Volkswagen Bank and Volkswagen Financ..
Finance
Finance
Finance
Dollar slips, yuan gains on China PMI; hot inflation lifts euro
Dollar slips, yuan gains on China PMI; hot inflation lifts euro
By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar slid and China’s yuan gained on Wednesday after Chinese manufacturin..
Finance
Financial services sector talent woes continue
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Finance
Wall St indexes mixed, Treasury yields tick up as higher rates loom
By Lawrence Delevingne and Samuel Indyk (Reuters) – Wall Street indexes and global equities were mixed on Tuesday and bonds wrap..
Finance
Why cloud-based technology will aid SMEs in preparing for a recession
By Damian Hanson, Co-Founder & Director of CircleLoop Recent news stories highlight that consumer infla..
Finance
Dollar edges down from six-week peak, Swedish crown jumps
By Samuel Indyk LONDON (Reuters) – The dollar edged lower on Monday but kept close to Friday’s six-week high, after a flur..
Finance
Shares steady, dollar dips as US holiday lifts rates gloom
By Amanda Cooper LONDON (Reuters) -Global shares inched up on Monday as a U.S. holiday tempered volatility ahead of minutes of the lat..
Finance
Shares fall with oil prices amid concerns about U.S. Fed rate hikes
By Sinéad Carew NEW YORK (Reuters) – Stock markets around the globe fell on Friday and oil prices settled lower after U.S. econo..
Finance
Hawkish ECB comments push up rate-hike expectations
By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to ris..
Finance
Dollar advances as strong U.S. data backs higher rates backdrop
By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies on..
Finance
Slowdown in UK inflation eases pressure on Bank of England
By Andy Bruce and William Schomberg LONDON (Reuters) – British inflation fell by more than expected in January and there were si..
Finance
Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to a six-week high against the yen and climbed from a roughly t..
Finance
Sterling gains after strong jobs data add to pressure on BOE
LONDON (Reuters) – The pound rose against the dollar and euro on Tuesday after data showed British wages rose quicker than expec..
Finance
Love in a time of inflation: how much will Valentine’s Day set you back?
By Richa Naidu LONDON (Reuters) -This Valentine’s Day is set to look different after a year of record food inflation that has se..
Finance
Japanese yen gains as Ueda set to be named next BOJ governor
(Adds comment, U.S. data, NEW YORK dateline, byline, FX table, bullets, updates prices) By Samuel Indyk and Gertrude Chavez-Dreyfuss L..
Finance
Bank of England officials split over future path for rates
By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England policymakers disagreed on Thursday about where interest rates need ..
Finance
First Abu Dhabi Bank could renew $35 billion offer for StanChart -Bloomberg News
By Lawrence White LONDON (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, could renew a p..
Finance
Year in Review 2022: Record-br`eaking year for financial sector jobs in England and Wales
Financial services vacancies in London were up 27.4% on 2021 Q1 2022 was the peak quarter for jobs in the Fintech sector Vacancies fo..
Finance
Italy inflation-adjusted retail sales fell in 2022
ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with cons..
Finance
European shares hit nine month high, dollar wobbles after Powell remarks
By Alun John LONDON (Reuters) – Global shares jumped and most currencies rose against the dollar on Wednesday as investors disce..
Finance
Stocks, dollar pause ahead of Powell, Biden speeches
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – A gauge of global equities edged lower and the dollar inched up on Tu..
Finance
Marketmind: Rates start to bite
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks on Tuesday come off the..
Finance
Finance
Global shares slide, dollar gains as rates rise on strong data
Global shares slide, dollar gains as rates rise on strong data
By Herbert Lash and Amanda Cooper WASHINGTON (Reuters) – Global equity markets slid and the dollar firmed on Monday after data showing a resilie..
Finance
Bank of England’s Mann doubles down on backing for rate hikes
By Gergely Szakacs BUDAPEST (Reuters) – Bank of England rate-setter Catherine Mann on Monday backed further increases in interes..
Finance
Central banks hike rates again, but a pause is coming
LONDON (Reuters) – Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns...
Finance
Fed rates up, BoE up, ECB up, stocks up
By Marc Jones LONDON (Reuters) – Higher stock markets showed the bulls were still firmly in charge on Thursday as the European C..
Finance
Finance
Dollar falls to nine-month low as Powell notes progress in disinflation
Dollar falls to nine-month low as Powell notes progress in disinflation
By Karen Brettell NEW YORK (Reuters) – The dollar extended losses on Wednesday and fell to a nine-month low against a basket of currencies after..
Finance
Investors go back to basics with simpler self-driving vehicles
By Nick Carey and Paul Lienert COVENTRY, England (Reuters) – Developing fully autonomous vehicles (AVs) that can go everywhere h..
Finance
UK shop price inflation hits record 8% in January: BRC
By David Milliken LONDON (Reuters) – Prices in British shops in January were 8.0% higher than a year before, the biggest annual ..
Finance
TOD Chooses TPAY for Mobile Payments
105 million users can enjoy rich sports and entertainment content TOD, the fastest growing streaming platform for the Middle..
Finance
Salaries fall despite cost-of-living crisis
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Finance
Stocks, dollar gain on resilient U.S. economy
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – A gauge of global stock performance rose and the dollar strengthened o..
Finance
Bank of England set to hike to 4% as rate peak looms
By David Milliken LONDON (Reuters) – The Bank of England looks on course to raise its main interest rate by half a percentage po..
Finance
German inflation rate to ease over course of 2023 – econ minister
BERLIN (Reuters) – German inflation will remain high at the beginning of 2023 before easing over the course of the year, Economy..
Finance
Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicle..
Finance
UK income inequality widens after pandemic dip
By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021/22 financial year after a d..
Finance
Global 2023 economic view downgraded, at odds with market optimism: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Global economic growth is forecast to barely clear 2% this year, according to a Reuters pol..
Finance