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Britain’s Prince visits Singapore for Earthshot environmental prize
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With crime in focus, UK’s Sunak sets out pre-election agenda in King’s Speech
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UK government to focus on curbing inflation, not boosting spending – King’s Speech
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British pensions could invest 1.2 trln pounds in climate projects, with policy help-report
Sterling falls versus dollar, focus on economic data, BoE
Date: November 7, 2023
Sterling falls versus dollar, focus on economic data, BoE By Stefano Rebaudo (Reuters) – Sterling dropped against a strengthening U.S. dollar on Tuesday, with investors closely watching economic data and market bets on the Bank of England’s future moves. Higher yields and a strong economy usually increase demand for the nation’s currency. The pound rose...
Shares lose steam as interest rate optimism fades
Date: November 7, 2023
Shares lose steam as interest rate optimism fades By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) – World shares lost steam on Tuesday as investor enthusiasm about a peak in global interest rates faded, while the Australian dollar dropped after investors bet central bank rate hikes were nearing their end. The MSCI world equity index,...
Analysis-Growing Italy risk puts equities at deepest discount in 35 years
Date: November 7, 2023
Analysis-Growing Italy risk puts equities at deepest discount in 35 years By Joice Alves and Danilo Masoni LONDON/MILAN (Reuters) – Italian stocks are trading at their deepest discount in 35 years compared to world shares as investors fret over the fiscal outlook in one of Europe’s most indebted economies, although some reckon the shares are...
Exclusive-Russia’s Putin to stay in power past 2024, sources say
Date: November 7, 2023
Exclusive-Russia’s Putin to stay in power past 2024, sources say By Guy Faulconbridge MOSCOW (Reuters) -Vladimir Putin has decided to run in the March presidential election, a move that will keep him in power until least 2030, as the Kremlin chief feels he must steer Russia through the most perilous period in decades, six sources...
Europe needs bigger banks but mergers hard without banking union -Intesa CEO
Date: November 7, 2023
Europe needs bigger banks but mergers hard without banking union -Intesa CEO MILAN (Reuters) – European banks need to join forces if the region is to withstand competition from the United States and China but without a banking union, cross-border mergers do not make sense, the head of Italy’s biggest bank Intesa Sanpaolo said on...
Italy, France and Germany agree on launches of Ariane 6 and Vega-C
Date: November 7, 2023
Italy, France and Germany agree on launches of Ariane 6 and Vega-C By Giuseppe Fonte ROME (Reuters) – Italy, France and Germany on Monday have reached a deal underpinning future launches of the delayed Ariane 6 and Avio’s smaller Vega-C rockets, Italy’s industry minister said. Europe’s new heavyweight launcher built by ArianeGroup – an Airbus-Safran...