High inflation helps to swell UK budget deficit in April
By Andy Bruce LONDON (Reuters) -Britain borrowed more than expected in April as high inflation pushed the government’s debt interest…
Business
Inflation tightens grip on UK services firms in worry for BoE -flash PMI
By William Schomberg LONDON (Reuters) – Companies in Britain’s services sector increased prices at a rapid pace in May as…
Virgin Australia aims for November A$1 billion listing – source
SYDNEY (Reuters) – Bain Capital’s Virgin Australia airline is aiming for a A$1 billion listing on the Australian Securities Exchange…
Biden, McCarthy meeting ends with no deal on debt ceiling
By David Morgan and Nandita Bose WASHINGTON (Reuters) -President Joe Biden and House Speaker Kevin McCarthy could not reach an…
Services drive acceleration in German business activity in May -flash PMI
BERLIN (Reuters) – German business activity expanded for a fourth month running in May, driven exclusively by a services sector…
French business activity grows at slowest pace in four months in May – flash PMI
PARIS (Reuters) – French business activity expanded at is slowest pace in four months in May, a survey showed on…
UK grocery inflation edges lower to 17.2% in May -Kantar
By James Davey LONDON (Reuters) – British grocery inflation eased slightly for the second month in a row in May…
Krupa, hard-driving veteran entrusted with reviving Societe Generale
By Mathieu Rosemain PARIS (Reuters) – Slawomir Krupa has one clear mission when he takes over at Societe Generale on…
Austria’s Raiffeisen attempts last-ditch Russian spin-off -sources
By Alexandra Schwarz-Goerlich and John O’Donnell VIENNA/FRANKFURT (Reuters) – Raiffeisen Bank International (RBI) is stepping up moves to hand its…
Tesla offers China-made electric vehicles for sale in Canada
(Reuters) – Tesla is listing China-made Model 3 and Model Y models for sale in Canada, the company’s website showed…