By Peter Hobson LONDON (Reuters) -United States-based aluminium producer Alcoa wrote to the London Metal Exchange (LME) three times in…
U.S. awards emergency reserve oil contracts to six cos, including Phillips 66, Shell
WASHINGTON (Reuters) – The U.S. Department of Energy on Thursday said six companies had been awarded contracts for the latest…
Europe – the warning light flashing on carmakers’ dashboards
By Nick Carey (Reuters) – Carmakers BMW and Stellantis on Thursday expressed concerns about Europe’s economic outlook, joining a chorus…
Central banks stay firmly in rate hike mode but slowdown on cards
LONDON (Reuters) – The United States, Australia, Britain and Norway have all raised interest rates this week in the latest…
Expert View: Bank of England lifts UK rates to 3% in historic hike
LONDON (Reuters) – The Bank of England raised UK interest rates to 3% on Thursday in its largest rate hike…
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%…
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…
Marketmind: Slower, higher, longer
A look at the day ahead in U.S. and global markets from Mike Dolan. If markets thought a Fed ‘pivot’…
UK services slump at fastest pace since early 2021 – PMI
LONDON (Reuters) – The biggest downturn since January 2021 hit British services companies last month, although it was not as…
UK watchdog tells companies to reveal more about meeting shareholders
By Huw Jones LONDON (Reuters) – Companies fail to reveal if meetings with shareholders alter their behaviour, such as in…