Explainer-Why is Bank of England acting again? What next in the UK crisis?
LONDON (Reuters) – Britain’s central bank resorted to buying bonds again on Wednesday in an emergency move to reduce the c..
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UK housing market may face perfect storm as mortgage rates rise, house prices drop
By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a likely slowdown in economic gr..
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Britain’s market rout stokes contagion fears around the globe
By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – The scale and speed of the sell-off in British ..
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Chile authorities scour mountains for missing British astronomer
By Natalia A. Ramos Miranda SANTIAGO (Reuters) – Chile authorities on Wednesday were scouring an arid mountainous region of the ..
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Apple falls on fears of slowing iPhone 14 demand
By Medha Singh and Nivedita Balu (Reuters) -Apple Inc shares fell more than 4% on Wednesday after a report that the tech giant was dit..
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Lilium aims to build 400 air taxis a year, seek grants
PARIS (Reuters) – German air taxi developer Lilium Air Mobility plans to set up industrial capacity to make some 400 of its elec..
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What is known so far about the Nord Stream gas pipeline leaks
By Nina Chestney LONDON (Reuters) – Three unexplained gas leaks detected in the Nord Stream 1 and 2 pipelines from Russia to Ger..
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Bank of England statement on purchase of long-dated bonds
LONDON (Reuters) – The Bank of England said on Wednesday it would start a temporary programme of bond purchases to stabilise the..
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Boohoo says exposure to sterling plunge is limited – finance chief
LONDON (Reuters) – British online fashion retailer Boohoo said on Wednesday its exposure to the recent plunge in the value of th..
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Lego posts strong growth on robust demand, new store openings
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego on Wednesday posted double-digit sales growth in the first half of the ye..
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