Oil prices settle more than 3% higher after China rate cut
By Stephanie Kelly NEW YORK (Reuters) -Oil prices climbed over 3% on Tuesday on hopes for growing fuel demand after…
UK
HSBC eyes leading role in banking for VCs, startups after hiring wave
NEW YORK (Reuters) – HSBC Holding plc is seeking to become a leading bank for venture capital firms and startups…
European shares rise as U.S. inflation data soothes rate hike jitters
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares rose on Tuesday, after mild U.S. inflation data cemented bets…
Manchester United shares hit two-month high on speculations over takeover bid
(Reuters) -Shares of Manchester United jumped 13% to hit a two-month high on Tuesday after a report hinted that Qatar’s…
Surprise UK wage jump raises likelihood of higher interest rates
By Andy Bruce LONDON (Reuters) -British wage growth soared and employment also jumped in the three months to April, raising…
Odey Asset Management freezes funds as clients pull money, prime brokers flee
By Nell Mackenzie LONDON (Reuters) -Odey Asset Management (OAM) is closing one fund and restricting money clients can pull from…
Marketmind: Inflation anxiety, yet S&P 500 keeps on running
A look at the day ahead in U.S. and global markets from Samuel Indyk. Jerome Powell and his band of…
UK’s Sunak faces down critics after Boris Johnson honours row
By Sachin Ravikumar LONDON (Reuters) -British Prime Minister Rishi Sunak said on Monday he had rejected a plea from Boris…
HSBC to close New Zealand wealth and personal banking business
(Reuters) -HSBC has decided to wind down its wealth and personal banking business in New Zealand, the bank said on…
UK police arrest man after three found dead in streets in Nottingham
LONDON (Reuters) – British police said a man had been arrested in Nottingham, central England, after three people were found…