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UK banks and insurers told to step up help for struggling customers

UK banks and insurers told to step up help for struggling customers

By Huw Jones LONDON (Reuters) – Britain’s Financial Conduct Authority (FCA) told banks and insurers on Thursday to do more..

H&M to cut costs as profits hit by inflation, cautious shoppers

H&M to cut costs as profits hit by inflation, cautious shoppers

By Anna Ringstrom STOCKHOLM (Reuters) – H&M, the world’s No.2 fashion retailer, launched a 2 billion Swedish crown ($1..

CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange

CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange

FRANKFURT (Reuters) – Porsche AG Chief Executive Oliver Blume rang the bell and hugged colleagues on what he called the “h..

Polish e-commerce leader Allegro trims forecast over inflation fears

Polish e-commerce leader Allegro trims forecast over inflation fears

By Anna Pruchnicka (Reuters) – Poland’s biggest e-commerce company Allegro trimmed its full-year guidance on Thursday for ..

M&G appoints former head of AXA Investment Managers Andrea Rossi as new CEO

M&G appoints former head of AXA Investment Managers Andrea Rossi as new CEO

LONDON (Reuters) – British investment manager M&G said on Thursday that Andrea Rossi, a former head of AXA Investment Manage..

Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout

Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout

By Sinead Cruise, Alistair Smout and Elizabeth Piper LONDON (Reuters) – As new British finance minister, Kwasi Kwarteng hoped to..

U.S. says it has agreed Pacific Islands partnership, offering ‘big dollar’ aid

U.S. says it has agreed Pacific Islands partnership, offering ‘big dollar’ aid

By David Brunnstrom, Alexandra Alper and Michael Martina WASHINGTON (Reuters) -The United States said at a summit with Pacific island ..

Cricket-Injured Buttler ‘progressing well’ ahead of T20 World Cup

Cricket-Injured Buttler ‘progressing well’ ahead of T20 World Cup

(Reuters) – England’s limited-overs captain Jos Buttler said he is making good progress in his recovery from a calf injury..

UK car output rises in August, soaring costs cast shadow over recovery

UK car output rises in August, soaring costs cast shadow over recovery

(Reuters) – British car production rose for a fourth straight month in August, compared with a year earlier, although record inp..

UK banks told to reimburse customers tricked by scams

UK banks told to reimburse customers tricked by scams

xBy Huw Jones LONDON (Reuters) – Banks will have to reimburse customers tricked into sending money in a type of online scam that..