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…
UK
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…
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…
Vodafone hires Morgan Stanley to weigh options for its Spanish unit – Expansion
MADRID (Reuters) – Britain telecoms company Vodafone has hired investment bank Morgan Stanley to evaluate the options for its Spanish…
UK net debt passes 100% of GDP for first time since 1961
LONDON (Reuters) – Britain’s public sector net debt surpassed 100% of gross domestic product in May as borrowing came in…
Factbox – Graphite producers doing deals with automakers and battery groups
LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite demand…
Crews searching for Titanic submersible detect sounds- US Coast Guard
By Joseph Ax and Brendan O’Brien (Reuters) – Canadian aircraft detected underwater noises in the North Atlantic in the search…
Canadian aircraft detects underwater noises in search for Titanic sub-coast guard
(Reuters) – A Canadian aircraft detected underwater noises in the search area for a missing tourist submersible that vanished while…
Marketmind: Nevermind the cricket, here’s inflation
A look at the day ahead in European and global markets from Tom Westbrook British inflation figures this morning could…
Rio Tinto reopens iron ore rail line in Western Australia after derailment
MELBOURNE (Reuters) – The world’s biggest iron ore miner Rio Tinto said on Wednesday that it had reopened a rail…