Electrolux flags cost cuts, warns on profit as inflation squeezes demand
By Marie Mannes COPENHAGEN (Reuters) -Sweden’s Electrolux on Monday announced plans to cut costs and warned its profit would dro..
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From free crumpets to store discounts, UK grocers lure workers
By Richa Naidu LONDON (Reuters) – With job vacancies in Britain close to a record high, retailers including Tesco Plc have begun..
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EU eyes levy on fossil fuel firms to help consumers survive energy crisis
By Kate Abnett and Ingrid Melander BRUSSELS (Reuters) -Fossil fuel firms may have to share their excess profits to help European house..
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Sterling falls to weakest since early 2021 against euro
LONDON (Reuters) -Sterling briefly fell to its lowest level since early 2021 against a robust euro on Monday, while news that Britain&..
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HSBC eyes resuming buybacks in second half of 2023
By Lawrence White LONDON (Reuters) -HSBC is likely to resume share buybacks in the second half of next year, its Chief Financial Offic..
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Swiss confirm favoured location for $21 billion nuclear waste store
ZURICH (Reuters) -Switzerland confirmed on Monday that its favoured location for a 20 billion Swiss franc ($20.94 billion) underground..
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Explainer-The G7’s price cap on Russian oil begins to take shape
By Timothy Gardner WASHINGTON (Reuters) -The Group of Seven countries is working to cap the price of Russian oil in an attempt to limi..
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King Charles, in parliament, promises to follow queen’s example
LONDON (Reuters) -King Charles told parliament on Monday he was “resolved faithfully to follow” the example set by his mot..
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Mobile school offers hope to nomad children in Chad
By Mahamat Ramadane TOUKRA, Chad (Reuters) – In a makeshift open-air classroom, dozens of children sat squeezed together on a ma..
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Global reinsurers see inflation, war driving higher rates
By Miranda Murray and Carolyn Cohn BERLIN/LONDON (Reuters) -Global geopolitical tensions, high inflation and climate change have heigh..
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