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European shares end five-day losing streak, still down for the week

European shares end five-day losing streak, still down for the week

By Anisha Sircar and Shreyashi Sanyal (Reuters) – European stocks rose 2% on Friday, clocking gains for the first time in six da..

British port workers plan two-week strike from Sept. 19

British port workers plan two-week strike from Sept. 19

LONDON (Reuters) -More than 560 dockworkers at the Port of Liverpool, one of Britain’s largest container docks, will go on strik..

G7 finance chiefs agree on Russian oil price cap but level not yet set

G7 finance chiefs agree on Russian oil price cap but level not yet set

By David Lawder and Christian Kraemer (Reuters) -Group of Seven finance ministers agreed on Friday to impose a price cap on Russian oi..

Stress test backs extending lifespan of two German nuclear plants: sources

Stress test backs extending lifespan of two German nuclear plants: sources

By Markus Wacket BERLIN (Reuters) -A power grid stress test has shown that extending the lifespan of two of Germany’s nuclear po..

Euro zone yields fall as US payrolls seen easing rate-hike pressure

Euro zone yields fall as US payrolls seen easing rate-hike pressure

By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Euro zone government bond yields fell on Friday, falling in line with U.S. pee..

Fed’s job-friendly ‘soft landing’ hinges on history not repeating

Fed’s job-friendly ‘soft landing’ hinges on history not repeating

By Howard Schneider (Reuters) – Federal Reserve officials have acknowledged that the battle against inflation will be paid for w..

Exclusive-Embattled Credit Suisse aims to launch China wealth business next year

Exclusive-Embattled Credit Suisse aims to launch China wealth business next year

By Anshuman Daga SINGAPORE (Reuters) – Credit Suisse, which has been buffeted by a string of scandals, management changes and gl..

WhatsApp bans 2.4 million Indian accounts in July – monthly report

WhatsApp bans 2.4 million Indian accounts in July – monthly report

BENGALURU (Reuters) – WhatsApp banned 2.39 million Indian accounts in July, the highest so far this year, the Meta-owned popular..

Starbucks taps head of Lysol maker Reckitt as its new CEO

Starbucks taps head of Lysol maker Reckitt as its new CEO

NEW YORK (Reuters) -Starbucks Corp on Thursday named Laxman Narasimhan as its next chief executive officer, choosing an executive cred..

Philips subsidiary to pay over $24 million for alleged false claims for medical equipment

Philips subsidiary to pay over $24 million for alleged false claims for medical equipment

By Kanishka Singh WASHINGTON (Reuters) -A subsidiary of Dutch medical device maker Philips has agreed to pay over $24 million to resol..