UK’s Kwarteng: Mini budget was essential in resetting debate around growth
LONDON (Reuters) – The British government’s so-called mini budget was essential in helping reset the debate around growth,..
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Dollar dishes the pain as selloff rumbles on
By Marc Jones LONDON (Reuters) – Investors pedalled into another cycle of selling on Thursday as the dollar tightened its strang..
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Queen Elizabeth died of ‘old age’, death certificate shows
Balmoral Castle, her summer home in the Scottish highlands, on Sept. 8. The certificate records her time of death as 3.10 p.m. (1410 G..
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ECB policymakers back jumbo rate hike, differ on balance sheet cut
By Francesco Canepa and Balazs Koranyi VILNIUS/FRANKFURT (Reuters) – European Central Bank policymakers continued to line up beh..
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UK banks and insurers told to step up help for struggling customers
By Huw Jones LONDON (Reuters) – Britain’s Financial Conduct Authority (FCA) told banks and insurers on Thursday to do more..
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H&M to cut costs as profits hit by inflation, cautious shoppers
By Anna Ringstrom STOCKHOLM (Reuters) – H&M, the world’s No.2 fashion retailer, launched a 2 billion Swedish crown ($1..
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CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange
FRANKFURT (Reuters) – Porsche AG Chief Executive Oliver Blume rang the bell and hugged colleagues on what he called the “h..
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Polish e-commerce leader Allegro trims forecast over inflation fears
By Anna Pruchnicka (Reuters) – Poland’s biggest e-commerce company Allegro trimmed its full-year guidance on Thursday for ..
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M&G appoints former head of AXA Investment Managers Andrea Rossi as new CEO
LONDON (Reuters) – British investment manager M&G said on Thursday that Andrea Rossi, a former head of AXA Investment Manage..
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Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout
By Sinead Cruise, Alistair Smout and Elizabeth Piper LONDON (Reuters) – As new British finance minister, Kwasi Kwarteng hoped to..
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