UK’s Nationwide to pay 340 million pounds to customers after profit leap
LONDON (Reuters) -British lender Nationwide will pay its customers 340 million pounds ($429 million) through payments to their current..
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Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high
TOKYO (Reuters) -Japan’s core consumer inflation stayed well above the central bank’s 2% target in April and a key index s..
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Wall Street gains, dollar climbs on solid data, debt ceiling progress
NEW YORK (Reuters) -Wall Street turned higher and the dollar reached a seven-week peak on Thursday as discount retail giant Walmart In..
Finance
Ripple buys crypto custody firm Metaco for $250 million
(This May 17 story has been corrected to clarify that the token is called XRP, not Ripple, in paragraph 9) LONDON (Reuters) – U...
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Burberry shares drop as weak US demand overshadows China rebound
LONDON (Reuters) -British luxury fashion brand Burberry on Thursday reported stronger-than-expected fourth quarter sales driven by a r..
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Aston Martin stock soars after $295 million on Geely investment
(Reuters) -Aston Martin’s stock popped nearly 22% on Thursday, after the luxury carmaker announced a 234 million pound investmen..
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Japanese businesses pledge UK investment ahead of Sunak meeting
LONDON (Reuters) – Japanese businesses have committed to invest almost 18 billion pounds ($23 billion) in Britain ahead of a mee..
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Australia’s push for faster EV uptake will be slow to charge
(This May 17 story has been corrected to say the rollout of chargers started small due to grid issues, not scaled back due to grid iss..
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Credit Suisse bond wipe-out will not trigger credit insurance payout
LONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates o..
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Southern Europe braces for climate change-fuelled summer of drought
BRUSSELS (Reuters) -Southern Europe is bracing for a summer of ferocious drought, with some regions already suffering water shortages ..
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