Dollar weak, yen at 2024 high on bets of big rate cut from Fed
By Ankur Banerjee SINGAPORE (Reuters) – The dollar softened on Friday, with the yen hitting its highest level this year a..
Finance
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British drugmaker GSK moves mRNA flu vaccine to late-stage trials
(Reuters) -British drugmaker GSK announced on Thursday positive results from a mid-stage trial of its seasonal influenza vaccin..
Headlines
Zara to offer its secondhand clothes service in US by October
MADRID (Reuters) – Zara will offer its service for selling, repairing or donating secondhand clothes in the United States by the..
Business
Swiss banks fret over sanctions risk to wealth business
By Oliver Hirt ZURICH (Reuters) -A survey of Swiss banks has highlighted international sanctions imposed on other countries, such as a..
Finance
Lloyd’s of London plans overhaul of ‘unclear’ conduct rules
LONDON (Reuters) – Lloyd’s of London said on Thursday it plans to overhaul its rules on dealing with poor conduct in the..
Headlines
Tech takes stocks higher as ECB prepares rate cut
By Marc Jones LONDON (Reuters) – Share markets enjoyed a fourth straight day of gains on Thursday as the prospect of another ECB..
Technology
Oil prices climb 1% on fears over hurricane impact on US output
By Arunima Kumar (Reuters) -Oil prices rose by more than 1% on Thursday to extend a rebound spurred by concern over Hurricane Francine..
Headlines
Scotland’s only oil refinery to close next year, 400 jobs to go
By Ron Bousso and Robert Harvey LONDON (Reuters) -Grangemouth, Scotland’s only oil refinery, is to close in 2025 with the loss o..
Business
ECB cuts interest rates as growth dwindles
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank cut interest rates again on Thursday as inflatio..
Finance
Bank of England eyes growth with lighter bank capital reforms for UK lenders
By Sinead Cruise LONDON (Reuters) -The Bank of England aims to roll out revised new rules on how much capital UK banks must set aside ..
Finance