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Bank rally pushes European shares to two-week high
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Dutch government to cover energy bills of struggling consumers -media
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Exclusive-Biden to hit China with broader curbs on U.S. chip and tool exports -sources
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Spain’s retailers shun government proposal to freeze basic goods prices
With solemn ceremony, Scots pay tribute to late Queen Elizabeth and welcome new king
Date: September 12, 2022
By Andrew MacAskill and Lindsay Dunsmuir EDINBURGH (Reuters) – The late Queen Elizabeth’s coffin was taken along the Royal Mile in the Scottish capital Edinburgh on Monday in a silent and solemn procession watched by thousands of people paying their respects to Britain’s longest serving monarch. The oak coffin, draped in the Royal Standard of...
Shares, euro jump on Ukrainian advance in northeast
Date: September 12, 2022
By Samuel Indyk LONDON (Reuters) -European shares jumped on Monday after Ukrainian forces advanced rapidly in Kharkiv province, in Russia’s worst setback since abandoning its Kyiv push in March, while the euro extended its European Central Bank-inspired gains from last week. On Saturday, Moscow abandoned its main bastion in northeastern Ukraine, in a sudden collapse...
Exclusive-EU watchdog considers collateral changes to ease energy crunch
Date: September 12, 2022
By Huw Jones LONDON (Reuters) -The European Union’s securities watchdog said on Monday it was considering a rare move to relieve energy companies struggling to find enough cash to cover their positions. The EU and Britain are battling to mitigate the shock of what some politicians have dubbed an “energy war” with Russia, which has...
EU plans to make fossil fuel firms share excess profits, draft shows
Date: September 12, 2022
By Kate Abnett and Foo Yun Chee BRUSSELS (Reuters) -The European Commission wants to force fossil fuel firms that have pocketed gains from soaring energy prices to make a financial contribution to help citizens and industries grappling with sky-high bills, a draft document seen by Reuters showed. The proposal, details of which are expected to...
With selfies and salutes, Britain’s generations mark queen’s passing
Date: September 12, 2022
By Humza Jilani and Andrew MacAskill LONDON/EDINBURGH (Reuters) – Some shed tears or wore military uniforms and medals, others took selfies and video-called distant friends and relatives. All felt they were playing a small part in history. Four days after the death of Queen Elizabeth, London and Edinburgh were the focus of pomp and ceremony...
Dollar falls ahead of U.S. inflation data; euro jumps
Date: September 12, 2022
By Caroline Valetkevitch NEW YORK (Reuters) – The U.S. dollar fell to its lowest level in about two weeks against a basket of currencies on Monday following recent strong gains, as investors grew nervous ahead of U.S. inflation data and as central banks outside of the United States appeared increasingly hawkish. The euro climbed to...