Bank of England’s Pill says latest UK data is disappointing
By David Milliken and William Schomberg LONDON (Reuters) -Bank of England Chief Economist Huw Pill said on Thursday that the…
Business
Alibaba’s Hong Kong shares slump on SoftBank’s stake sale report
By Kiyoshi Takenaka and Ankur Banerjee TOKYO (Reuters) -Japanese technology investor SoftBank Group Corp has moved to sell almost all…
Biden’s subdued reaction to OPEC+ cuts foreshadows economic slowdown, carries risk
By Jarrett Renshaw and Andrea Shalal WASHINGTON (Reuters) -When OPEC+ made a surprise decision earlier this month to cut oil…
Volkswagen calls for delay in implementation of new EU emissions standards to 2026
BERLIN (Reuters) – Volkswagen called on Thursday for the implementation of new EU emissions standards to be pushed to at…
Uniqlo parent raises full-year outlook; sees China recovering
By Eimi Yamamitsu (Reuters) – Uniqlo parent Fast Retailing Co Ltd reported a 16% jump in first-half profit and lifted…
Global bank stress has had ‘muted’ impact on Canada – BoC’s Macklem
By Steve Scherer and Ismail Shakil (Reuters) -The banking stress in the United States and Europe has had a limited…
Twitter taps eToro to let users trade in stocks, crypto
(Reuters) -Trading and investing platform eToro said on Thursday it has partnered with Elon Musk-led Twitter to let users access…
Russian court rules against Volkswagen asset freeze
By Gleb Stolyarov and Alexander Marrow (Reuters) – A Russian court has ruled against freezing Volkswagen’s assets in Russia, stating…
Analysis-LVMH’s caution points to Americans’ waning lust for luxury
By Mimosa Spencer PARIS (Reuters) – Luxury shoppers in the United States are curtailing purchases of high-end fashion and leather…
Core inflation to start improving before summer break – ECB’s Nagel
WASHINGTON (Reuters) – Core inflation rates in the euro zone will begin improving in the coming months, but the European…