Explainer-Why are British lender Metro Bank’s shares plunging?
LONDON (Reuters) – Mid-sized British lender Metro Bank saw its shares plunge more than 25% on Thursday following reports it is t..
Headlines
All Posts
Oil prices fall again; demand worries outweigh tight supply
HOUSTON (Reuters) -Oil prices fell about 2% on Thursday, extending the previous session’s nearly 6% losses, as an uncertain de..
Headlines
UK to examine Amazon and Microsoft’s cloud dominance
LONDON (Reuters) -Britain’s media regulator on Thursday asked the country’s antitrust authority to investigate U.S. tech g..
Headlines
Analysis-When, not if, Europe copies Wall Street share trading reform
LONDON (Reuters) – The European Union, Britain and Switzerland have little choice but to copy Wall Street in speeding up share t..
Headlines
Citigroup outlines layoff process, reassignments as overhaul takes shape
NEW YORK (Reuters) -Citigroup managers are reviewing staff rosters to determine by November who will stay in place, be reassigned or l..
Headlines
Dollar, stocks slip amid still tight U.S. labor market
NEW YORK/LONDON (Reuters) -The dollar eased and a gauge of global equities slipped on Thursday as investors grappled with U.S. unemplo..
Headlines
‘Greedy beast’ of inflation not yet defeated, Bundesbank chief says
FRANKFURT (Reuters) – Euro zone inflation is falling but the fight is not yet won and the high rate of underlying price growth r..
Headlines
Pound dips after weak UK construction data, BoE survey
LONDON (Reuters) – The British pound dipped against the U.S. dollar and the euro on Thursday after data showed the biggest slum..
News
Alstom cash flow warning wipes $3 billion off train maker’s value
(Reuters) -Alstom’s shares plunged by as much as 38% in Paris on Thursday after the French train maker slashed its full-year fre..
Headlines
Jewellery retailer Pandora raises growth targets, shares jump
LONDON (Reuters) -Jewellery retailer Pandora raised its growth targets on Thursday, saying investments in the brand and store network ..
Headlines