By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales dropped to the lowest level in more than 12 years…
UK economy’s unexpected bounce spurs more BoE rate hike talk
By Andy Bruce LONDON (Reuters) -Britain looks on course to sidestep a long recession after a survey showed a surprise…
Four-day week liked by UK employers in world’s largest trial
By Sarah Young LONDON (Reuters) – Dozens of British employers trialling a four-day working week have mostly decided to stick…
Ireland hands households, businesses more cost-of-living relief
DUBLIN (Reuters) -Ireland on Tuesday announced 1.3 billion euros ($1.4 billion) in further cost-of-living relief payments to households and extended…
Explainer-Why Germany doesn’t like the EU’s debt reform proposals
BERLIN (Reuters) – EU finance ministers started talks last week on adjusting the bloc’s fiscal rules to the post-pandemic realities…
UK’s Hunt gets a pre-budget boost with surprise January surplus
By Andy Bruce LONDON (Reuters) -Britain’s government ran an unexpected budget surplus in January thanks to strong income tax receipts,…
Holiday Inn-owner IHG misses revenue estimate; plans another buyback
By Radhika Anilkumar (Reuters) -Holiday Inn owner IHG missed full-year revenue expectations as it was impacted by COVID-19 curbs in…
Nike, Adidas shoe supplier Pou Chen to slash 6,000 jobs in Vietnam -sources
HANOI (Reuters) -Taiwan’s Pou Chen Corp, the world’s largest maker of branded sports footwear, plans to cut around 6,000 jobs…
How to afford the big price tag of your lifetime ‘bucket list’
By Chris Taylor NEW YORK (Reuters) – Eytan Morgenstern is facing a very expensive dilemma. The 36-year-old public relations professional…
Chinese bank seeks to reassure over missing star dealmaker
By Julie Zhu and Xie Yu HONG KONG (Reuters) -The disappearance of a star Chinese dealmaker has left his bank…