ZURICH (Reuters) – British American Tobacco is to close a cigarette manufacturing plant in Switzerland next year, laying off the…
Marketmind: Thank you, next
A look at the day ahead in European and global markets from Ankur Banerjee With the market on edge after…
Bank of England readies another rate hike even as recession hits
By Andy Bruce MANCHESTER, England (Reuters) – A ninth interest rate hike in a row by the Bank of England…
U.S., UK export controls hit China’s access to Arm’s chip designs -FT
(Reuters) – Chinese tech giant Alibaba Group Holding Ltd cannot buy some of the most advanced chip designs after the…
Dollar loses ground after Fed raises rates, forecasts more hikes
By Sinéad Carew NEW YORK (Reuters) – The dollar was lower against the yen and the euro on Wednesday after…
Oil prices climb by $2 amid forecasts for 2023 demand uptick
By Laura Sanicola (Reuters) -Oil settled up more than $2 on Wednesday after OPEC and the International Energy Agency (IEA)…
Factbox-Aircraft lessors sue insurers for $8 billion over trapped Russian planes
(Reuters) – Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over…
European shares steady ahead of Fed rate decision
By Amruta Khandekar and Bansari Mayur Kamdar (Reuters) -European shares were subdued on Wednesday after hitting near one-week highs in…
UK inflation falls from 41-year high in run-up to BoE rate decision
By David Milliken LONDON (Reuters) -British inflation fell more than expected in November after it hit a 41-year high in…
Bank of England sets out plan to regulate cash distribution
LONDON (Reuters) – The Bank of England set out plans on Wednesday to regulate wholesale cash distribution in Britain to…