EconomyUK economy makes slow start to 2023 as inflation headwinds persistMay 12, 202366UK GDP grows 0.1% in Q1 2023, matching forecastsEconomy unexpectedly shrank by 0.3% in MarchStrikes and weak retail weigh on...
InvestingNorthvolt to build multi-billion euro battery plant in GermanyMay 12, 2023106Northvolt could invest 3-5 bln in plant - sourcesSubsidies of around half a billion subject to approval - sourcesEurope, U.S....
BankingIMF says US default would have ‘very serious repercussions’ on global economyMay 11, 202377WASHINGTON, May 11 (Reuters) - The International Monetary Fund said on Thursday that a U.S. debt default prompted by failure...
FinanceExolum CEO: Russian energy products may be entering Europe indirectlyMay 11, 202381MADRID, May 11 (Reuters) - Sanctioned Russian energy products may be entering Europe indirectly via third countries and there is...
MortgagesYellen warns US default would threaten global economy, undermine its leadershipMay 11, 202367US Secretary of the Treasury Janet Yellen talks with Chair of the Board of Governors of the US Federal Reserve...
BankingEU plans tough ‘value for money’ rules for investment products – draft documentMay 9, 202363LONDON, May 9 (Reuters) - Banks, insurers and asset managers in the European Union would only be allowed to sell...
BankingStocks slide on Chinese data, US debt ceiling worries hit T-billsMay 9, 202373Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2023....
InvestingEU’s China envoy says consultancy crackdown, anti-spy law worrying for businessMay 9, 202378BEIJING, May 9 (Reuters) - The European Union's ambassador to China said on Tuesday that a broadening of Beijing's anti-espionage...
FundsPolish ruling party proposes bill to unblock Constitutional TribunalMay 5, 202359WARSAW, May 5 (Reuters) - The number of judges constituting a full court in Poland's Constitutional Tribunal would be cut...
MoneyAnalysis: Fed up with shrinking savings, Europeans drain billions from banksMay 4, 202369LONDON/DUBLIN, May 4 (Reuters) - European savers are pulling more of their money from banks, looking for a better deal...