Headlines

Ford recalls 634,000 vehicles worldwide over fire risks

Ford recalls 634,000 vehicles worldwide over fire risks

By David Shepardson (Reuters) -Ford Motor Co is recalling 634,000 sport utility vehicles (SUVs) worldwide over fire risks from possibl..

Italy seeks fresh options for TIM as bid for network seen fading

Italy seeks fresh options for TIM as bid for network seen fading

By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) -Italy’s new government will likely need to seek fresh options for ail..

Greece PM senses “momentum” in “Elgin Marbles” talks with Britain

Greece PM senses “momentum” in “Elgin Marbles” talks with Britain

LONDON (Reuters) – Greece’s Prime Minister Kyriakos Mitsotakis said on Monday there was “progress” and a sense..

European retailers downbeat despite Black Friday boost

European retailers downbeat despite Black Friday boost

By Maria Sheahan, Toby Sterling and Alvise Armellini BERLIN/AMSTERDAM/MILAN (Reuters) -Europeans snapped up smartphones, Christmas dec..

EU sets out plans to shift derivatives clearing from London to Frankfurt

EU sets out plans to shift derivatives clearing from London to Frankfurt

By Huw Jones LONDON (Reuters) -Banks and other market participants in the European Union will have to prove to regulators that they ar..

Deutsche Bank: Equity bear market rally will stretch into 2023, dollar weaker

Deutsche Bank: Equity bear market rally will stretch into 2023, dollar weaker

LONDON (Reuters) – A bear market rally in equity markets will continue into next year before slumping as a recession in the worl..

Euro zone credit growth remains brisk despite gloomy outlook

Euro zone credit growth remains brisk despite gloomy outlook

FRANKFURT (Reuters) – Bank lending to euro zone companies held steady, maintaining the sector’s biggest borrowing binge in..

Food of the future: London air raid shelter to underground farm

Food of the future: London air raid shelter to underground farm

By Sarah Young and Aiden Nulty LONDON (Reuters) – In an underground World War Two air raid shelter where London tube trains can ..

UK’s Superdry in talks with Bantry Bay to refinance $85 million facility

UK’s Superdry in talks with Bantry Bay to refinance $85 million facility

LONDON (Reuters) – British fashion group Superdry said it is in negotiations to refinance borrowings of up to 70 million pounds ..

Dollar slips, while yuan slumps on COVID unrest in China

Dollar slips, while yuan slumps on COVID unrest in China

By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) – The dollar weakened on Monday as investors weighed up the recent dro..