By Johann M Cherian and Sruthi Shankar (Reuters) -Britain’s FTSE 100 closed at a fresh five-week high on Monday as…
Insurer Ascot pauses writing new cover for Ukrainian shipments
By Jonathan Saul and Carolyn Cohn LONDON (Reuters) -Lloyd’s of London insurer Ascot is suspending writing cover for new shipments…
Cineworld reaches bankruptcy settlement with landlords, lenders
By Dietrich Knauth (Reuters) – Movie theater chain Cineworld Group on Monday announced a bankruptcy settlement with its landlords and…
Eli Lilly’s growth tied to nascent diabetes drug sales
(Reuters) – Wall Street analysts will be focusing on sales of Eli Lilly and Co’s newly approved diabetes drug Mounjaro…
JPMorgan expects banks to repay 500-700 billion euros of ECB TLTRO loans in Nov
LONDON (Reuters) – Analysts at investment bank JPMorgan have estimated that banks will repay between 500 and 700 billion euros…
World wine output dips slightly after year of torrid weather
PARIS (Reuters) – World wine production in 2022 is expected to dip slightly below last year’s level, with a better…
UAW seeks election to represent GM battery joint venture workers
By David Shepardson (Reuters) -The United Auto Workers on Monday said it was seeking an election to represent workers at…
Mexican president urges Twitter to repair ‘damage’ done to Trump
MEXICO CITY (Reuters) – Twitter should undo the “damage” done to former U.S. President Donald Trump by the cancellation of…
Gap says Russia deliveries stopped in March. But its clothing kept coming
By Siddharth Cavale, Steve Stecklow and David Gauthier-Villars NEW YORK/LONDON/ISTANBUL (Reuters) -In March, clothing retailer Gap Inc joined numerous Western…
Italy gets GDP boost as govt pledges action against inflation
By Gavin Jones and Giuseppe Fonte ROME (Reuters) -Italy’s economy performed unexpectedly well in the third quarter, data showed on…