Top Stories

Global Banking & Finance Review’s Top Stories section curates the most important events and trends across global banking, finance, business, technology, investing and trading. It promises authoritative analysis and forward‑thinking perspectives to keep decision‑makers ahead of the curve.

Image for New UK PM will need to take urgent action on energy bills – Ofgem CEO
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New UK PM will need to take urgent action on energy bills – Ofgem CEO

LONDON (Reuters) – Britain’s new prime minister will need to act urgently to address the issue of so...

26th August, 2022

Image for UK’s Micro Focus shares nearly double after Canada’s OpenText agrees $6 billion takeover
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UK’s Micro Focus shares nearly double after Canada’s OpenText agrees $6 billion takeover

By Eva Mathews and Krystal Hu (Reuters) -Shares of Micro Focus soared more than 90% on Friday after...

26th August, 2022

Image for Most of BP’s Whiting refinery units shut following fire -sources
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Most of BP’s Whiting refinery units shut following fire -sources

HOUSTON (Reuters) -Most of the units at BP Plc’s 435,000 barrel-per-day Whiting, Indiana, refinery w...

26th August, 2022

Image for Decision to end ECB reinvestments takes back seat to rate hikes, sources say
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Decision to end ECB reinvestments takes back seat to rate hikes, sources say

By Balazs Koranyi JACKSON HOLE, Wyo. (Reuters) – The European Central Bank could soon start talks on...

26th August, 2022

Image for Carlsberg’s Poland unit could stop production; lack of CO2 threatens food industry
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Carlsberg’s Poland unit could stop production; lack of CO2 threatens food industry

GDANSK (Reuters) -Danish brewery Carlsberg’s subsidiary in Poland could cut or halt beer production...

26th August, 2022

Image for After rescue by Open Arms, 99 migrants wait to dock in Europe
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After rescue by Open Arms, 99 migrants wait to dock in Europe

By Juan Medina ABOARD THE OPEN ARMS UNO, off Sicily (Reuters) – Around 30 nautical miles off the coa...

26th August, 2022

Image for Novartis to spin off generics business Sandoz next year
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Novartis to spin off generics business Sandoz next year

By Natalie Grover ZURICH/LONDON (Reuters) -Novartis plans to spin off its underperforming generics u...

26th August, 2022

Image for Germany signs deal to give ownership of Benin Bronzes to Nigeria
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Germany signs deal to give ownership of Benin Bronzes to Nigeria

BERLIN (Reuters) – Germany signed an agreement on Thursday to transfer ownership to Nigeria of the B...

26th August, 2022

Image for Citigroup says will close Russian consumer, commercial business
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Citigroup says will close Russian consumer, commercial business

By Lananh Nguyen (Reuters) -Wall Street giant Citigroup Inc will close its consumer and commercial b...

25th August, 2022

Image for French wheat protein slips further in latest harvest results
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French wheat protein slips further in latest harvest results

PARIS (Reuters) – Nearly complete quality results from France’s soft wheat harvest showed slightly w...

25th August, 2022

Image for Looks aren’t everything – British supermarkets to stock misshapen fruit amid drought
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Looks aren’t everything – British supermarkets to stock misshapen fruit amid drought

By Sachin Ravikumar LONDON (Reuters) – Two British supermarket chains will stock bent carrots and ot...

25th August, 2022

Image for Dollar edges lower as investors wait on Fed’s Powell
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Dollar edges lower as investors wait on Fed’s Powell

By Karen Brettell NEW YORK (Reuters) – The dollar index and the euro both slipped on Thursday in cho...

25th August, 2022