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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
financial crisis
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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
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Pound plunge means even higher prices for UK consumers – McKinsey
LONDON (Reuters) – British consumers are likely to face a further hike in prices of clothing and hom...
27th September, 2022
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With flowers and a gun salute, Japan bids farewell to divisive Abe
By Kiyoshi Takenaka and Trevor Hunnicutt TOKYO (Reuters) -With flowers, prayers and a 19-gun salute,...
27th September, 2022
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Italian steel plant in talks with Treasury to avert energy crunch – sources
MILAN (Reuters) – Steel maker Ilva, recently renamed Acciaierie d’Italia, is discussing options with...
26th September, 2022
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Sterling collapses as investors fly into dollars
By Tom Westbrook SYDNEY (Reuters) – Sterling slumped to a record low on Monday, prompting speculatio...
26th September, 2022
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Four fifths of UK households saw disposable income fall in August, says Asda
LONDON (Reuters) – Four in five UK households saw their disposable income decrease in August compare...
23rd September, 2022
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Credit Suisse shares hit record low after report bank is looking to raise cash
LONDON (Reuters) – Credit Suisse shares dropped to a record low on Friday after a Reuters report sai...
23rd September, 2022
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Sri Lanka to unveil debt restructuring plan to creditors
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lankan authorities will formally hold talks with intern...
23rd September, 2022