(Reuters) – British finance minister Jeremy Hunt is set to give local authorities the right to raise council tax by…
In Burnley, Britain’s cost of living crisis hits home
By Natalie Thomas BURNLEY, England (Reuters) – Skipping lunch each day and watching television in blankets to keep warm is…
Jobless rate rises as UK prepares to tighten belts again
By William Schomberg LONDON (Reuters) -Britain’s unemployment rate unexpectedly rose and vacancies fell for a fifth report in a row…
Wall Street gains on inflation data, but rocky on geopolitics
By Lewis Krauskopf, Amruta Khandekar and Ankika Biswas (Reuters) – Wall Street’s main indexes gained on Tuesday, shaking off an…
Estee Lauder to buy fashion label Tom Ford in $2.8 billion deal
(Reuters) -Estee Lauder Cos Inc said on Tuesday it agreed to buy U.S. fashion label Tom Ford for $2.8 billion,…
Trump’s ex-CFO, at tax fraud trial, says company reaped big savings with perks
By Karen Freifeld and Luc Cohen NEW YORK (Reuters) -Former U.S. President Donald Trump’s namesake company saved hundreds of thousands…
Cuba seeks to drum up foreign investment despite crisis
By Marc Frank and Nelson Acosta HAVANA (Reuters) – Cuba on Tuesday said it had signed 30 foreign investment deals…
Apple prepares to source chips from Arizona plant – Bloomberg News
(Reuters) – Apple Inc is preparing to begin sourcing chips for its devices from a plant under construction in Arizona…
Fitch downgrades Telecom Italia to ‘BB-‘
(Reuters) -Ratings agency Fitch on Tuesday downgraded Telecom Italia’s credit rating to ‘BB-‘ from ‘BB,’ citing insufficient debt reduction in…
U.S. nuclear plants expect government decision on credits by year-end
WASHINGTON (Reuters) -Two companies that have applied for funding to keep struggling nuclear power plants open said they expect to…