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Britain’s Queen Elizabeth will appoint new prime minister at Balmoral

Britain’s Queen Elizabeth will appoint new prime minister at Balmoral

LONDON (Reuters) -Queen Elizabeth will break with tradition to appoint Britain’s new prime minister at her Balmoral Castle resid..

Iran deal a wild card for oil market strained by supply risks – Reuters poll

Iran deal a wild card for oil market strained by supply risks – Reuters poll

By Swati Verma (Reuters) – A looming EU embargo on Russian oil is expected to exacerbate supply tightness and keep prices in tri..

Austria grants credit line to Vienna utility squeezed by power price surge

Austria grants credit line to Vienna utility squeezed by power price surge

VIENNA (Reuters) – Austria’s government on Wednesday granted a 2 billion euro ($2 billion) credit line to the City of Vien..

Spain launches free rail travel passes to fight inflation

Spain launches free rail travel passes to fight inflation

By Marco Trujillo and Christina Thykjaer MADRID (Reuters) – After struggling a bit with the ticket machine at Madrid’s gra..

Interest rate and recession fears knock stocks and oil

Interest rate and recession fears knock stocks and oil

By Huw Jones LONDON (Reuters) – Record-high inflation in the euro zone compounded recession fears stalking markets on Wednesday ..

Dutch to spend $16 billion to cushion effects of inflation -media

Dutch to spend $16 billion to cushion effects of inflation -media

AMSTERDAM (Reuters) – The Dutch government plans to spend around 16 billion euros ($15.97 billion) next year in an effort to hel..

High inflation, recession risk widen ECB dilemma

High inflation, recession risk widen ECB dilemma

FRANKFURT (Reuters) -Euro zone inflation jumped to another record high and will soon hit double-digit territory, heralding a string of..

Turkey’s economy grew 7.6% in Q2 driven by domestic demand, exports

Turkey’s economy grew 7.6% in Q2 driven by domestic demand, exports

By Nevzat Devranoglu and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s economy grew 7.6% year-on-year in the second quarte..

German bonds set for worst month in decades as inflation hits new highs

German bonds set for worst month in decades as inflation hits new highs

By Dhara Ranasinghe LONDON (Reuters) – Germany’s borrowing costs rose to their highest level in over two months on Wednesd..

UK energy bill help won’t lower inflation, statisticians rule

UK energy bill help won’t lower inflation, statisticians rule

By Andy Bruce LONDON (Reuters) -British government energy bill rebates for households cannot be viewed as lowering inflation, official..