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BoE’s Bailey speaks about surging inflation and rate hikes

BoE’s Bailey speaks about surging inflation and rate hikes

LONDON (Reuters) – Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to lawmake..

Murmurs of ‘sterling crisis’ no longer fanciful: Mike Dolan

Murmurs of ‘sterling crisis’ no longer fanciful: Mike Dolan

By Mike Dolan LONDON (Reuters) – Even though fears of another “sterling crisis” have been wide of the mark for decad..

Europe’s alternatives if Russia shuts off gas supply

Europe’s alternatives if Russia shuts off gas supply

(This September 2 story corrects to show Germany plans to build five LNG terminals not two) By Nina Chestney LONDON – The Nord S..

Finnair to cut costs, reduce fleet to return profitable

Finnair to cut costs, reduce fleet to return profitable

(Corrects to read Wednesday (not Monday), paragraph 1) HELSINKI (Reuters) – Finnair will reduce its fleet, cut costs and seek to..

UK housing market keeps momentum but slowdown ahead: Halifax

UK housing market keeps momentum but slowdown ahead: Halifax

LONDON (Reuters) -British house prices rose in August although a torrid economic outlook spells trouble for the housing market in the ..

EU, U.S. step up Russian aluminium, nickel imports since Ukraine war

EU, U.S. step up Russian aluminium, nickel imports since Ukraine war

By Eric Onstad LONDON (Reuters) -The European Union and United States have ramped up buying key industrial metals from Russia, data sh..

Analysis-Europe’s banks dim lights as they brace for winter blackout

Analysis-Europe’s banks dim lights as they brace for winter blackout

By Sinead Cruise and Iain Withers LONDON (Reuters) – Some of Europe’s biggest banks are preparing back-up generators and t..

Russia’s largest lender Sberbank on track to profitability, says CEO

Russia’s largest lender Sberbank on track to profitability, says CEO

By Alexander Marrow VLADIVOSTOK, Russia (Reuters) -Russia’s top lender Sberbank is on track to profitability and expects positiv..

Worst not over for EM currencies as U.S. dollar thunders on: Reuters poll

Worst not over for EM currencies as U.S. dollar thunders on: Reuters poll

By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – Emerging market currencies will find it difficult to reclaim..

China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft

China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft

By Mathieu Rosemain, Tassilo Hummel and Julie Zhu PARIS/HONG KONG (Reuters) -Tencent Holdings Ltd is raising its stake in Ubisoft Ente..