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Image for Analysis-A strong El Nino may be imminent. Climate change will make its effects worse
Finance

Analysis-A strong El Nino may be imminent. Climate change will make its effects worse

By Kate Abnett BRUSSELS, June 2 (Reuters) - The El Nino weather pattern is forming, and is expected...

2nd June, 2026

Image for Britain sets 87% emissions reduction target for 2038-2042 period
Finance

Britain sets 87% emissions reduction target for 2038-2042 period

LONDON, June 2 (Reuters) - Britain on Tuesday set out a target to reduce emissions by around 87% in...

2nd June, 2026

Image for Euro zone inflation rises again, reinforcing case for ECB hike
Finance

Euro zone inflation rises again, reinforcing case for ECB hike

FRANKFURT, June 2 (Reuters) - Euro zone inflation accelerated further last month on higher energy an...

2nd June, 2026

Image for Alba to buy French aluminium smelter in $2.2 billion deal
Finance

Alba to buy French aluminium smelter in $2.2 billion deal

PARIS, June 2 (Reuters) - Aluminium Bahrain (Alba) has agreed to acquire Aluminium Dunkerque, the Eu...

2nd June, 2026

Image for BP says it is set to transfer running of BTC pipeline to Azerbaijan's SOCAR
Finance

BP says it is set to transfer running of BTC pipeline to Azerbaijan's SOCAR

June 2 (Reuters) - British energy major BP said on Tuesday it was on track to hand over the running...

2nd June, 2026

Image for Sterling stuck with Iran in focus, political risks linger
Finance

Sterling stuck with Iran in focus, political risks linger

By Stefano Rebaudo June 2 (Reuters) - Sterling hovered in the middle of its recent range against the...

2nd June, 2026

Image for UK lenders approve 65,945 mortgages in April, Bank of England data shows
Finance

UK lenders approve 65,945 mortgages in April, Bank of England data shows

LONDON, June 2 (Reuters) - The number of mortgages approved by British lenders for house purchases r...

2nd June, 2026

Image for Estee Lauder still open to acquisitions after failed Puig talks, CEO says
Finance

Estee Lauder still open to acquisitions after failed Puig talks, CEO says

June 2 (Reuters) - An Estee Lauder merger with Jean Paul Gaultier-owner Puig failed to go through be...

2nd June, 2026

Image for Euro fails to nab big market share from dollar despite erratic US policy, report shows
Finance

Euro fails to nab big market share from dollar despite erratic US policy, report shows

FRANKFURT, June 2 (Reuters) - The global role of the euro currency hardly budged last year, disappoi...

2nd June, 2026

Image for European Parliament committee moves to cut US tariffs, averting a trade clash
Finance

European Parliament committee moves to cut US tariffs, averting a trade clash

BRUSSELS, June 2 (Reuters) - A European Parliament committee voted on Tuesday to remove EU import du...

2nd June, 2026

Image for UniCredit set to exceed 30% stake in Commerzbank, Bloomberg News reports
Finance

UniCredit set to exceed 30% stake in Commerzbank, Bloomberg News reports

June 2 (Reuters) - Italy's UniCredit has secured commitments that will take its stake in Commerzbank...

2nd June, 2026

Image for Stellantis to produce three new Peugeot models in Mulhouse
Finance

Stellantis to produce three new Peugeot models in Mulhouse

By Gilles Guillaume MULHOUSE, France, June 2 (Reuters) - Stellantis will produce three new electric...

2nd June, 2026