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UK economy to shrink in 2023, risks ‘lost decade’: CBI

UK economy to shrink in 2023, risks ‘lost decade’: CBI

By David Milliken LONDON (Reuters) – Britain’s economy is on course to shrink 0.4% next year as inflation remains high and..

Crypto broker Genesis owes Gemini’s customers $900 million – FT

Crypto broker Genesis owes Gemini’s customers $900 million – FT

(Reuters) -Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins’ cryp..

Analysis-Energy hungry Europe can’t look to U.S. shale to fill any OPEC gap

Analysis-Energy hungry Europe can’t look to U.S. shale to fill any OPEC gap

By Laila Kearney, Liz Hampton and Arathy Somasekhar NEW YORK/DENVER/HOUSTON (Reuters) – U.S. shale oil drillers turned from scra..

Take Five: Ready for that Santa rally?

Take Five: Ready for that Santa rally?

(Reuters) – Swiss lender Credit Suisse faces a litmus test over its rights issue, just one several trials markets must work thro..

U.S., EU to address Inflation Reduction Act fears constructively -draft

U.S., EU to address Inflation Reduction Act fears constructively -draft

By Foo Yun Chee BRUSSELS (Reuters) – The United States and the European Union will seek to tackle EU concerns about a new U.S. g..

Stocks fall as strong U.S. payrolls muddies rate bets

Stocks fall as strong U.S. payrolls muddies rate bets

By Sinéad Carew NEW YORK (Reuters) – Equities took a dip on Friday while U.S. Treasury yields climbed as investors bet on a more..

Euro zone bond yields rise after U.S. jobs data

Euro zone bond yields rise after U.S. jobs data

By Alun John LONDON (Reuters) – European government bond yields rose after Friday data showed U.S. employers hired more workers ..

Reckitt expects U.S. infant formula shortage until spring

Reckitt expects U.S. infant formula shortage until spring

By Richa Naidu LONDON (Reuters) -The near year-long infant formula shortage in the United States that prompted the intervention of t..

Factbox-Global banks take axe to jobs as cost pressures mount

Factbox-Global banks take axe to jobs as cost pressures mount

LONDON (Reuters) – Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and la..

Irish corporate tax boom breaks more records in November

Irish corporate tax boom breaks more records in November

DUBLIN (Reuters) – Ireland took in more corporate tax in November than it used to collect in entire years a decade ago, as a rec..