Headlines

TotalEnergies, Eni announce major Cyprus gas find

TotalEnergies, Eni announce major Cyprus gas find

By Juliette Portala and Tassilo Hummel PARIS (Reuters) – TotalEnergies of France and Italy’s Eni on Monday announced a sig..

Factbox-Big banks expected to rack up more than $1 billion in fines for WhatsApp use

Factbox-Big banks expected to rack up more than $1 billion in fines for WhatsApp use

By Angelique Chen (Reuters) – Banking giants such as JPMorgan Chase & Co and Bank of America collectively face more than $1 ..

Britain’s cost of living crisis sends sterling to lowest since mid-July

Britain’s cost of living crisis sends sterling to lowest since mid-July

By Joice Alves LONDON (Reuters) – Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy cost..

Factbox-What impact will strike at Britain’s busiest container port have?

Factbox-What impact will strike at Britain’s busiest container port have?

LONDON (Reuters) – More than 1,900 workers at Britain’s biggest container port, Felixstowe, have begun eight days of strik..

Gas crisis sends euro back below parity against dollar

Gas crisis sends euro back below parity against dollar

By Dhara Ranasinghe and Joice Alves LONDON (Reuters) – The euro briefly fell back below parity against a robust dollar on Monday..

Traders cut Ukraine 2022 combined grain and oilseeds crop forecast

Traders cut Ukraine 2022 combined grain and oilseeds crop forecast

KYIV (Reuters) -Grain traders union UGA on Monday cut Ukraine’s 2022 combined grain and oilseeds crop forecast to 64.5 million t..

UK economy shrank record 11% in 2020, worst since 1709

UK economy shrank record 11% in 2020, worst since 1709

LONDON (Reuters) – Britain recorded its biggest fall in output in more than 300 years in 2020 when it faced the brunt of the COV..

Shares slip, dollar dominates as recession looms

Shares slip, dollar dominates as recession looms

By Lawrence White LONDON (Reuters) – European shares slumped to month-long lows, oil prices fell and the dollar surged on Monday..

HSBC ups price targets on Greek banks, with Eurobank, Piraeus top picks

HSBC ups price targets on Greek banks, with Eurobank, Piraeus top picks

ATHENS (Reuters) – HSBC raised its price targets on shares of Greece’s four largest lenders after they posted strong perfo..

German recession increasingly likely, Bundesbank says

German recession increasingly likely, Bundesbank says

FRANKFURT (Reuters) – A recession in Germany, the euro zone’s biggest economy, is increasingly likely and inflation will c..

From chasing deals to turning off screens: Cineworld on the brink

From chasing deals to turning off screens: Cineworld on the brink

(Reuters) – Britain’s Cineworld said on Monday it was considering options including a possible bankruptcy filing in the Un..

UK inflation to hit 18% in early 2023, Citi forecasts

UK inflation to hit 18% in early 2023, Citi forecasts

By William Schomberg LONDON (Reuters) – British consumer price inflation is set to peak at 18% – nine times the Bank of En..

French retailer Carrefour to freeze prices on 100 products to tackle inflation

French retailer Carrefour to freeze prices on 100 products to tackle inflation

PARIS (Reuters) -French supermarket retailer Carrefour is freezing prices on 100 everyday products from tinned sardines to rice and wa..

Orban tightens hold over telco sector as Vodafone sells Hungarian unit

Orban tightens hold over telco sector as Vodafone sells Hungarian unit

Orban tightens hold over telco sector as Vodafone sells Hungarian unit LONDON/BUDAPEST (Reuters) – Britain’s Vodafone will..

China steps up easing, cuts lending benchmarks to revive faltering economy

China steps up easing, cuts lending benchmarks to revive faltering economy

By Winni Zhou and Brenda Goh SHANGHAI (Reuters) -China cut its benchmark lending rate and lowered the mortgage reference by a bigger m..

Analysis-Meagre medicine cabinet leaves Sanofi unloved

Analysis-Meagre medicine cabinet leaves Sanofi unloved

By Ludwig Burger FRANKFURT (Reuters) – Sanofi’s recent stock rout underscores the pressure on the French drug maker to red..

Asia shares slip, dollar strong as yuan weakens

Asia shares slip, dollar strong as yuan weakens

By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday and the dollar extended its climb amid angst over global growth ..

Oil falls on concerns economic slowdown may dent fuel demand

Oil falls on concerns economic slowdown may dent fuel demand

By Yuka Obayashi TOKYO (Reuters) – Oil prices fell on Monday, ending three days of gains, on fears aggressive U.S. interest rate..

Australia’s Qantas apologises to customers for operational problems

Australia’s Qantas apologises to customers for operational problems

SYDNEY (Reuters) -Qantas Airways Ltd will offer A$50 ($34) vouchers, loyalty status extensions and lounge passes to frequent flyers to..

EU watchdog backs ESG ‘quality label’ for market benchmarks

EU watchdog backs ESG ‘quality label’ for market benchmarks

LONDON (Reuters) – The European Union’s markets watchdog said on Friday that a ‘quality label’ for market benc..

Soccer-Casemiro intent on joining Man United, Ancelotti says

Soccer-Casemiro intent on joining Man United, Ancelotti says

By Fernando Kallas MADRID (Reuters) -Casemiro wants to leave Real Madrid in order to sign for Premier League side Manchester United, c..

Strikes bring London’s transport network to a halt

Strikes bring London’s transport network to a halt

LONDON (Reuters) -London’s transport network ground to a halt on Friday as train and bus workers held strikes over pay and condi..

Cost-of-living crisis prompts ‘buy now, pay later’ warning from UK’s FCA

Cost-of-living crisis prompts ‘buy now, pay later’ warning from UK’s FCA

By Huw Jones LONDON (Reuters) -People responsible for misleading ‘buy now, pay later’ adverts could face two years in pris..

Record jump in German producer prices adds to gloomy outlook

Record jump in German producer prices adds to gloomy outlook

By Miranda Murray and Paul Carrel BERLIN (Reuters) -German producer prices jumped at the fastest pace on record in July, underscoring ..

Global equity funds attract inflows for second week in a row

Global equity funds attract inflows for second week in a row

(Reuters) – Global equity funds received inflows for a second straight week in the week to Aug. 17, as investors tempered their ..

SAS cancels 1,700 flights due to pilot strike, late aircraft deliveries

SAS cancels 1,700 flights due to pilot strike, late aircraft deliveries

STOCKHOLM (Reuters) – Scandinavian airline SAS has suspended 1,700 flights in the coming months due partly to a two-week pilot s..

Soccer – Deep pockets needed to persuade Glazers to sell United

Soccer – Deep pockets needed to persuade Glazers to sell United

By Simon Evans MANCHESTER, England (Reuters) – British billionaire Jim Ratcliffe’s interest in buying Manchester United ha..

Britain sets out roadmap for self driving vehicle usage by 2025

Britain sets out roadmap for self driving vehicle usage by 2025

LONDON (Reuters) – Britain said on Friday it wanted a widespread rollout of self-driving vehicles on roads by 2025, announcing p..

Online discounts boost struggling UK retailers in July

Online discounts boost struggling UK retailers in July

By David Milliken LONDON (Reuters) -British shoppers spent more than expected last month after being enticed by online shopping deals,..

Euro zone current account swings back to a surplus in June

Euro zone current account swings back to a surplus in June

FRANKFURT (Reuters) – The euro zone’s current account swung back to a small surplus in June on an improvement in the trade..

Russian rouble nears 4-week high versus dollar

Russian rouble nears 4-week high versus dollar

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

Take Five: Taking in the vistas from Jackson Hole

Take Five: Taking in the vistas from Jackson Hole

(Reuters) – Jackson Hole, Wyoming, is the focal point for markets in the coming week as investors zero in on the Federal Reserve..

Samsung Elec breaks ground on new chip R&D centre, plans $15 billion investment by 2028

Samsung Elec breaks ground on new chip R&D centre, plans $15 billion investment by 2028

SEOUL (Reuters) – Samsung Electronics said on Friday it broke ground at a new semiconductor research and development (R&D) c..

Bavarian Nordic signs up U.S. firm for packaging monkeypox vaccine

Bavarian Nordic signs up U.S. firm for packaging monkeypox vaccine

(Reuters) – Danish biotech firm Bavarian Nordic said on Thursday it has signed up a U.S.-based manufacturer to package its Jynne..

Cricket-Fiery Stokes revives England but S Africa build good lead

Cricket-Fiery Stokes revives England but S Africa build good lead

LONDON (Reuters) – A fiery spell from captain Ben Stokes dragged England back into the match but South Africa remained the happi..

Next year’s Geneva auto show cancelled -organisers

Next year’s Geneva auto show cancelled -organisers

ZURICH (Reuters) – The Geneva International Motor Show scheduled to take place in February has been cancelled for the fourth yea..

Record numbers resign in France as bargaining power balance shifts -labour ministry

Record numbers resign in France as bargaining power balance shifts -labour ministry

By Myriam Rivet and Tassilo Hummel PARIS (Reuters) – More French employees than ever quit their jobs at the end of 2021 and star..