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Polish e-commerce leader Allegro trims forecast over inflation fears
By Anna Pruchnicka (Reuters) – Poland’s biggest e-commerce company Allegro trimmed its full-year gui...
29th September, 2022
financial crisis
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Explainer-Why is Bank of England acting again? What next in the UK crisis?
LONDON (Reuters) – Britain’s central bank resorted to buying bonds again on Wednesday in an emergenc...
28th September, 2022
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UK housing market may face perfect storm as mortgage rates rise, house prices drop
By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a li...
28th September, 2022
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Britain’s market rout stokes contagion fears around the globe
By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – The scale and speed...
28th September, 2022
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Russian oil and gas sector braces for tax hikes of over $60 billion in 2023-2025
MOSCOW (Reuters) – The Russian government has proposed more than $60 billion in tax increases for th...
28th September, 2022
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Morrisons’ quarterly earnings halved amid UK consumer crunch
LONDON (Reuters) – British supermarket group Morrisons on Wednesday reported a halving of its third-...
28th September, 2022
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EU countries at odds over possible gas price cap
By Kate Abnett BRUSSELS (Reuters) -European Union countries were at odds on Wednesday over whether t...
28th September, 2022
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Sterling drops against dollar as Bank of England intervenes in bond market
By Harry Robertson LONDON (Reuters) -Sterling dropped sharply on Wednesday after the Bank of England...
28th September, 2022
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French refinery strikes spread as TotalEnergies halts Gonfreville
By Forrest Crellin and Rowena Edwards PARIS (Reuters) -TotalEnergies is temporarily halting producti...
28th September, 2022
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Europe’s generic drugmakers say they may cut output due to energy bills
By Ludwig Burger FRANKFURT (Reuters) -Europe’s drugmakers have warned they may stop making some chea...
28th September, 2022
Finance
US household debt is rising — here’s why
Although the Federal Reserve has aggressively increased interest rates since early 2022, US househol...
28th September, 2022
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Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets
By Lucy Raitano and Andres Gonzalez LONDON (Reuters) – Porsche’s landmark listing is defying market...
28th September, 2022