Headlines

UniCredit gets ECB’s green light for second 1 billion euro share buyback

UniCredit gets ECB’s green light for second 1 billion euro share buyback

By Valentina Za MILAN (Reuters) – UniCredit on Wednesday said it had gained supervisory approval for a new share buyback of up t..

Spanish toddler dies after being hit by giant hailstone

Spanish toddler dies after being hit by giant hailstone

MADRID (Reuters) – A 20-month-old girl died after being struck on the head during a violent hailstorm that caused havoc in Catal..

Foreign tourism to Portugal surpasses pre-COVID levels in July

Foreign tourism to Portugal surpasses pre-COVID levels in July

LISBON (Reuters) – The number of foreign tourists visiting Portugal slightly surpassed pre-pandemic levels in July for the first..

Investors flee UK bonds, pushing gilts to huge monthly loss

Investors flee UK bonds, pushing gilts to huge monthly loss

LONDON (Reuters) -Investors alarmed at Britain’s bleak economic outlook and political uncertainty dumped government bonds on Wed..

Euro slips back below parity, Norwegian krone falls on planned cbank FX purchases

Euro slips back below parity, Norwegian krone falls on planned cbank FX purchases

By Samuel Indyk LONDON (Reuters) – The euro slipped back below parity against the dollar on Wednesday and was on track for its t..

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 ..