london

NatWest shares plunge after warning on rising costs

NatWest's shares fell as much as 9% on Friday after the British bank warned of rising costs, and as its third-quarter…

3 years ago

UK banks start cutting ‘Truss premium’ from mortgage rates, but slowly

Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are now cutting home loan…

3 years ago

Japan ramps up intervention threats after yen slides past key 150 level

Japanese policymakers made fresh threats of intervention on Thursday after the yen tumbled past the key psychological level of 150…

3 years ago

Credit Suisse scrambles to finalise revamp as deadline looms

Credit Suisse is racing to firm up sales of part of its business that could limit the cash it needs…

3 years ago

Shell advances to next round of bidding for Danish biogas maker Nature Energy -sources

LONDON, Oct 18 (Reuters) - Shell is among a number of companies joining a second bidding round to acquire Danish biogas…

3 years ago

OPEC+ oil supply cuts could tip world into recession, IEA says

A decision by the OPEC+ oil producer group last week to rein in output has driven up prices and could…

3 years ago

UK labour market exodus drives jobless rate down to 3.5%

Britain reported a record jump in the number of people leaving the labour market in the three months to August,…

3 years ago

Analysis: Russian gas supply gap casts chill in Europe as winter nears

Europe needs to pay up to import liquefied natural gas, pray for a mild winter and cut energy demand as…

3 years ago

Analysis: Europe Inc’s wage hikes alarm investors as worries about recession grow

Plans by European companies to hike wages and pay one-off bonuses to help staff cope with a torrid winter are…

3 years ago

Analysis: British banks’ mortgage payday comes with sting in the tail

While British households head into a winter of soaring energy costs, a tumbling currency and nearly double-digit inflation, the country's…

3 years ago