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UK PM Sunak offers billions for new links after scrapping HS2 northern leg

UK PM Sunak offers billions for new links after scrapping HS2 northern leg

MANCHESTER (Reuters) – British Prime Minister Rishi Sunak cancelled the northern leg of the costly HS2 high-speed rail project o..

Europe could become energy self-sufficient in $2 trillion push – study

Europe could become energy self-sufficient in $2 trillion push – study

FRANKFURT (Reuters) – Europe could wean itself off fossil fuels and create a self-sustainable energy sector by spending around 2..

World’s biggest bond markets steady after heavy selloff

World’s biggest bond markets steady after heavy selloff

LONDON (Reuters) -A broad selloff in world government bonds on Wednesday drove up U.S. 30-year Treasury yields to 5% for the first tim..

UK business downturn eases after inflation data, BoE pause – PMI

UK business downturn eases after inflation data, BoE pause – PMI

LONDON (Reuters) – British services companies suffered a less severe downturn in September than first feared, reflecting a surp..

Euro zone economy likely contracted in Q3 amid waning demand

Euro zone economy likely contracted in Q3 amid waning demand

LONDON (Reuters) – The euro zone economy probably shrank last quarter, according to a survey which showed demand fell in Septemb..

Global bond rout deepens before receding on relief rally

Global bond rout deepens before receding on relief rally

NEW YORK/LONDON (Reuters) -A rout in government bond markets deepened on Wednesday with benchmark U.S. yields hitting fresh 16-year hi..

ECB’s Centeno says rate cycle likely completed, inflation retreating

ECB’s Centeno says rate cycle likely completed, inflation retreating

LISBON (Reuters) -The cycle of interest rate hikes by the European Central Bank has likely come to an end as inflation across the euro..

Factbox-Italy feels health sector pinch as Europe struggles post COVID-19

Factbox-Italy feels health sector pinch as Europe struggles post COVID-19

ROME (Reuters) – Italy’s government has warned that a shortage of doctors and nurses in the national health service repres..

Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year

Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year

BRUSSELS (Reuters) – Euro zone producer prices edged higher as expected month-on-month in August and plunged year-on-year on a s..

Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock

Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock

HOUSTON (Reuters) – Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy’s main liquefi..