By Suban Abdulla LONDON (Reuters) – Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to…
Marketmind: A missile and a manifesto
A look at the day ahead in European and global markets from Ankur Banerjee U.S President Joe Biden said a…
Oil prices settle higher on Druzhba oil pipeline disruption
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose on Tuesday and settled higher after news that oil supply…
UK council tax caps to be eased amid local authority funding crisis -FT
(Reuters) – British finance minister Jeremy Hunt is set to give local authorities the right to raise council tax by…
In Burnley, Britain’s cost of living crisis hits home
By Natalie Thomas BURNLEY, England (Reuters) – Skipping lunch each day and watching television in blankets to keep warm is…
Jobless rate rises as UK prepares to tighten belts again
By William Schomberg LONDON (Reuters) -Britain’s unemployment rate unexpectedly rose and vacancies fell for a fifth report in a row…
Banking giants and New York Fed start 12-week digital dollar pilot
By Lananh Nguyen NEW YORK (Reuters) – Global banking giants are starting a 12-week digital dollar pilot with the Federal…
Analysis-Investors expand footprint in commodity trade finance as banks retreat
By Julia Payne, Pratima Desai and Peter Hobson LONDON (Reuters) – Hedge funds have stepped up financing of trade in…
Chile’s Escondida mine workers announce strike amid labor demands
SANTIAGO (Reuters) -Workers of Chile’s Escondida mine, the world’s largest copper mine, decided to go on strike on Nov. 21 and…
EV battery makers race to develop cheaper cell materials, skirting China
By Nick Carey and Paul Lienert (Reuters) – U.S. and European startups are racing to develop new batteries using two…