LONDON (Reuters) – Rishi Sunak will become Britain’s first prime minister of colour on Tuesday after he won the race…
EU cautions against gas price cap for electricity – document
By Kate Abnett BRUSSELS (Reuters) – The European Commission has warned countries that an EU-wide cap on the price of…
U.S., European shares climb on hopes Fed will slow rate hike pace
By Chris Prentice and Amanda Cooper WASHINGTON/LONDON (Reuters) – U.S. shares extended last week’s rally and European shares climbed on…
Oil prices ease on Chinese demand data, stronger dollar
By Laila Kearney NEW YORK (Reuters) -Oil settled lower in choppy trade on Monday as data showing demand from China…
UK finance minister Hunt: ‘Time for honesty’ about economic challenges
LONDON (Reuters) – British finance minister Jeremy Hunt said on Monday it was time for “honesty” about the economic challenges…
Malta to maintain energy prices at pre-COVID levels
VALLETTA (Reuters) – Malta’s government said on Monday it would spend 10% of its recurrent expenditure next year to maintain…
Portugal’s PM urges ECB to be prudent in raising interest rates
By Sergio Goncalves LISBON (Reuters) – Portugal’s Prime Minister Antonio Costa has urged the European Central Bank (ECB) to be…
Britain’s new PM Sunak will get little leeway from markets, investors say
By Alun John and Harry Robertson LONDON (Reuters) – Investors welcomed Rishi Sunak as Britain’s new prime minister on Monday,…
European stocks rise on hopes of Fed pause; eyes on ECB meeting
By Sruthi Shankar and Devik Jain (Reuters) -European shares rose on Monday on hopes the Federal Reserve could slow its…
Explainer-Credit Suisse in spotlight ahead of strategy shift
ZURICH (Reuters) – With only days to go before unveiling a major strategic overhaul, Credit Suisse is racing to firm…