Explainer-Why is inflation so high in the UK?
By William Schomberg LONDON (Reuters) – British inflation defied forecasts of a fall in May and stayed far above price…
Business
Strong relations between BMW and China a ‘win-win’ -CEO
(Reuters) – BMW’s strong ties with China are a “win-win” as the car industry shifts towards greener, more connected vehicles,…
UK inflation shock rocks markets as investors eye more rate hikes
By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – Investors on Wednesday ramped up bets on the Bank of England…
FedEx paring costs, grounding more planes as margin pressure persists
(This June 20 story has been corrected to change share repurchase figure to $2 billion, from $2 million, in paragraph…
Tesla’s Musk says eyeing significant India investments after meeting Modi
By Hyunjoo Jin and Shivangi Acharya SAN FRANCISCO/NEW DELHI (Reuters) -Tesla chief executive Elon Musk said India’s Prime Minister Narendra…
In Africa, France targets Russian and Wagner disinformation
By John Irish, Elizabeth Pineau and Bate Felix PARIS/DAKAR (Reuters) – After armed men killed nine Chinese nationals at a…
Marketmind: Powell patter, UK shock, FedEx warning
A look at the day ahead in U.S. and global markets from Mike Dolan The Fed chair has a tricky…
Analysis-US Treasury bond spree could jolt markets if leveraged bets unravel
By Davide Barbuscia NEW YORK (Reuters) – An expected surge in Treasury bill issuance could throw a wrench into the…
Mazda eyes EV battery supply partnership with Panasonic Energy
TOKYO (Reuters) -Japanese automaker Mazda Motor and the energy unit of Panasonic Holdings will start talks to set up a…
German recession will be sharper than expected: Ifo
BERLIN (Reuters) -The German economy will contract more than previously expected this year as sticky inflation takes its toll on…