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UK economy shrank record 11% in 2020, worst since 1709

UK economy shrank record 11% in 2020, worst since 1709

LONDON (Reuters) – Britain recorded its biggest fall in output in more than 300 years in 2020 when it faced the brunt of the COV..

European stocks eye worst day in over a month on looming energy crisis

European stocks eye worst day in over a month on looming energy crisis

By Anisha Sircar (Reuters) -European shares were on Monday set for their worst day in more than a month as worries about tightening ga..

UK midcaps at three-week low as recession fears grow

UK midcaps at three-week low as recession fears grow

By Johann M Cherian and Sruthi Shankar (Reuters) – UK midcaps hit a three-week trough on Monday while the export-centric FTSE 10..

From chasing deals to turning off screens: Cineworld on the brink

From chasing deals to turning off screens: Cineworld on the brink

(Reuters) – Britain’s Cineworld said on Monday it was considering options including a possible bankruptcy filing in the Un..

French retailer Carrefour to freeze prices on 100 products to tackle inflation

French retailer Carrefour to freeze prices on 100 products to tackle inflation

PARIS (Reuters) -French supermarket retailer Carrefour is freezing prices on 100 everyday products from tinned sardines to rice and wa..

Orban tightens hold over telco sector as Vodafone sells Hungarian unit

Orban tightens hold over telco sector as Vodafone sells Hungarian unit

LONDON/BUDAPEST (Reuters) – Britain’s Vodafone will sell its Hungarian business for 715 billion forints ($1.8 billion) in ..

China steps up easing, cuts lending benchmarks to revive faltering economy

China steps up easing, cuts lending benchmarks to revive faltering economy

By Winni Zhou and Brenda Goh SHANGHAI (Reuters) -China cut its benchmark lending rate and lowered the mortgage reference by a bigger m..

Analysis-Meagre medicine cabinet leaves Sanofi unloved

Analysis-Meagre medicine cabinet leaves Sanofi unloved

By Ludwig Burger FRANKFURT (Reuters) – Sanofi’s recent stock rout underscores the pressure on the French drug maker to red..

Asia shares slip, dollar strong as yuan weakens

Asia shares slip, dollar strong as yuan weakens

By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday and the dollar extended its climb amid angst over global growth ..

Oil falls on concerns economic slowdown may dent fuel demand

Oil falls on concerns economic slowdown may dent fuel demand

By Yuka Obayashi TOKYO (Reuters) – Oil prices fell on Monday, ending three days of gains, on fears aggressive U.S. interest rate..