By Hannah Lang WASHINGTON (Reuters) – Euro and sterling rose against the safe-haven dollar on Monday, supported by a risk-on…
Richard Branson must face lawsuit in U.S. over Virgin Galactic space travel problems
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday said British billionaire entrepreneur Richard Branson must face…
UK banks were slow to pass on rate hikes to savers, says watchdog
By Huw Jones LONDON (Reuters) – Britain’s banks were slow to start passing on increases in central bank interest rates…
European shares at seven-week peak as travel stocks shine
By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares closed on Monday at a more than seven-week high as a…
Ryanair expects to emerge as Europe’s only major low-cost carrier
By Conor Humphries DUBLIN (Reuters) – Ryanair on Monday predicted it would eventually become Europe’s only major low-cost carrier, with…
UK faces 50 billion pound fiscal hole, government sources say
By Elizabeth Piper and David Milliken LONDON (Reuters) – British finance minister Jeremy Hunt will seek to fill a 50…
Ryanair hails ‘very strong’ recovery with record summer profit
By Conor Humphries DUBLIN (Reuters) – Ryanair on Monday posted its largest ever profit for its key summer season and…
Bank of England wants more transparency for ‘non banks’ after gilts turmoil
By Huw Jones LONDON (Reuters) -Improving transparency of ‘non-banks’ such as pension funds is a first step in applying lessons…
Marketmind: Polls and prices
A look at the day ahead in U.S. and global markets from Mike Dolan. World markets appear at ease with…
UK bond turmoil leaves smaller pension schemes with longer-term costs
By Carolyn Cohn LONDON (Reuters) – The recent crisis in Britain’s government bond market means smaller UK pension schemes may…