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Image for China’s Xi clinches third term, packs leadership with loyalists

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China’s Xi clinches third term, packs leadership with loyalists

Image for Poland’s Bank Millennium third-quarter results hit by payment holidays

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Poland’s Bank Millennium third-quarter results hit by payment holidays

Image for Euro zone October PMI adds to evidence bloc is heading for recession

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Euro zone October PMI adds to evidence bloc is heading for recession

Image for FTSE 100 slips on stronger pound; PM race takes focus

Investing

FTSE 100 slips on stronger pound; PM race takes focus

Image for No messing around with red-hot inflation: Five questions for the ECB

No messing around with red-hot inflation: Five questions for the ECB

Date: October 24, 2022

By Dhara Ranasinghe, Stefano Rebaudo and Kripa Jayaram LONDON (Reuters) – The European Central Bank meets on Thursday and appears in no mood to slow the pace of aggressive interest rate hikes given red-hot inflation — even as the economic outlook darkens. It has jacked up rates by a total 125 basis points (bps) since...

Image for SAE Media Group 20th Annual Benelux Infrastructure Forum

SAE Media Group 20th Annual Benelux Infrastructure Forum

Date: October 21, 2022

16 – 17 November 2022 Website: http://www.beneluxconf.com/GlobalFinanceWL SAE Media Group proudly present the 20th Annual Benelux Infrastructure Forum, once again taking place in-person and in Amsterdam. The 2022 iteration will bring together key professionals in the infrastructure, financing, and innovation sectors to discuss the latest issues and trends within the Benelux market. The Forum will...

Image for Most British adults struggle with bills, watchdog says

Most British adults struggle with bills, watchdog says

Date: October 21, 2022

LONDON (Reuters) – Nearly 32 million people, or 60% of all UK adults, are finding it a heavy burden or somewhat of a burden to pay their bills as a cost of living crisis bites, a watchdog said on Friday. The Financial Conduct Authority’s (FCA) latest Financial Lives survey said the total was up 6...

Image for Amazon faces $1 billion lawsuit in UK for ‘favouring its own products’

Amazon faces $1 billion lawsuit in UK for ‘favouring its own products’

Date: October 21, 2022

LONDON (Reuters) – Amazon.com Inc is facing a lawsuit in Britain for damages of up to 900 million pounds ($1 billion) over allegations the online marketplace abused its dominant position by favouring its own products, lawyers said. Consumer rights advocate Julie Hunter plans to bring the collective action on behalf of British consumers who have...

Image for UK’s Sunak “certain” to stand in contest to replace outgoing PM Truss – Telegraph

UK’s Sunak “certain” to stand in contest to replace outgoing PM Truss – Telegraph

Date: October 21, 2022

LONDON (Reuters) – Former finance minister Rishi Sunak is “certain to stand” in the contest to succeed Prime Minister Liz Truss, a reporter at the Telegraph newspaper said on Thursday citing sources. (Reporting by William James, writing by Farouq Suleiman)...

Image for Boris Johnson expected to stand in contest to replace UK PM Truss – Times

Boris Johnson expected to stand in contest to replace UK PM Truss – Times

Date: October 21, 2022

LONDON (Reuters) – Former British prime minister Boris Johnson is expected to stand in the Conservative Party leadership contest to replace Liz Truss, who said earlier on Thursday she would resign, the Times reported. “He’s taking soundings but is said to believe it is a matter of national interest,” Times Political Editor Steven Swinford said...