Big global employers plan modest cuts to office space: Knight Frank
By Suban Abdulla LONDON (Reuters) – Half of large multinational companies plan to reduce office space as they adjust to…
UK
US hotel developers run out of cash as construction lending dries up
(Corrects number of total hotel projects that have broken ground or are in preconstruction phase in 2023 to 324 from…
High inflation and recession risk – the Bank of England’s dilemma
By William Schomberg LONDON (Reuters) – The Bank of England is trying to curb an inflation rate that is running…
Marketmind: Markets level, Aussie hikes, crypto judders
A look at the day ahead in U.S. and global markets from Mike Dolan As world stock markets levelled off…
Analysis-Ford’s EV charging tie-up with Tesla ripples through industry
By Abhirup Roy, Hyunjoo Jin and Isla Binnie SAN FRANCISCO (Reuters) – Ford Motor Co’s decision to allow customers to…
Global housing outlook brightens despite pressure from higher rates: Reuters poll
By Hari Kishan and Sarupya Ganguly BENGALURU (Reuters) – The outlook for most major housing markets has improved slightly from…
Crypto exchange Binance hit by outflows of $780 million in last 24 hours – Nansen
LONDON (Reuters) – Investors have pulled around $780 million from crypto exchange Binance in the last 24 hours, data firm…
UK construction growth edges up, despite housing slump: PMI
LONDON (Reuters) – Weak growth across Britain’s construction sector picked up modestly in May, despite an increasingly severe downturn in…
UK investors back money market funds in May, ditch ESG funds
LONDON (Reuters) – UK investors backed money market funds in May at the fastest rate since the country’s failed ‘mini-budget’…
GSK’s cancer drug Jemperli gets file acceptance from US FDA
(Reuters) – GSK said on Tuesday that the U.S. Food and Drug Administration had granted file acceptance for its cancer…