WASHINGTON(Reuters) – The U.S. trade deficit widened sharply in September, likely as a strong dollar and softening global demand weighed…
Bank of England makes historic rate hike despite ‘very challenging’ outlook
By David Milliken and Andy Bruce LONDON, Nov 3 (Reuters) – The Bank of England raised interest rates to 3%…
ECB shouldn’t be expected to match Fed hikes, Visco says
FRANKFURT (Reuters) – The European Central Bank shouldn’t be expected to match the Federal Reserve’s interest rate hikes, ECB policymaker…
IEA calls for urgent action on European gas supply gap
OSLO (Reuters) – Europe needs to take urgent action to avoid a natural gas shortage next year given the loss…
UK court fines Glencore unit 182.9 million pounds for bribery offences
LONDON (Reuters) – A London court fined the British subsidiary of mining and trading group Glencore 182.9 million pounds ($205.87…
‘Massive scars’: Germany’s Uniper posts record 40 billion euro net loss
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Soon-to-be-nationalised gas importer Uniper reported a record 40 billion euro ($39.3…
India cenbank’s monetary committee discusses report on inflation target miss
By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India’s monetary policy committee met on Thursday to discuss the…
NYSE-parent ICE profit rises as market rout fuels trading volumes
(Reuters) -Intercontinental Exchange reported a 3% rise in third-quarter adjusted profit on Thursday, bolstered by heavy trading volumes that helped…
Exclusive-Airbnb faces light-touch regulation under EU plan -sources
By Foo Yun Chee BRUSSELS (Reuters) – The European Commission will propose light-touch rules for Airbnb and other short-term home…
Europe leans on Asia for ‘homegrown’ EV batteries
By Nick Carey and Victoria Waldersee LONDON/BERLIN (Reuters) – Europe’s drive to build a homegrown electric vehicle battery industry is…