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Oil headed for weekly loss as recession fears cloud demand outlook

Oil headed for weekly loss as recession fears cloud demand outlook

By Shadia Nasralla LONDON (Reuters) -Oil prices slipped on Friday after two days of gains and are heading for weekly losses as a stron..

Online discounts boost struggling UK retailers in July

Online discounts boost struggling UK retailers in July

By David Milliken LONDON (Reuters) -British shoppers spent more than expected last month after being enticed by online shopping deals,..

Britain’s borrowing rises as PM contenders promise more help

Britain’s borrowing rises as PM contenders promise more help

By William Schomberg LONDON (Reuters) -Britain borrowed more than expected in July, official data showed, underscoring the challenge f..

Marketmind: Memo for Britain’s next PM – There’s no stopping bad news

Marketmind: Memo for Britain’s next PM – There’s no stopping bad news

A look at the day ahead in European and global markets from Anshuman Daga Another day, another miserable set of British data. “A..

Samsung Elec breaks ground on new chip R&D centre, plans $15 billion investment by 2028

Samsung Elec breaks ground on new chip R&D centre, plans $15 billion investment by 2028

SEOUL (Reuters) – Samsung Electronics said on Friday it broke ground at a new semiconductor research and development (R&D) c..

Bavarian Nordic signs up U.S. firm for packaging monkeypox vaccine

Bavarian Nordic signs up U.S. firm for packaging monkeypox vaccine

(Reuters) – Danish biotech firm Bavarian Nordic said on Thursday it has signed up a U.S.-based manufacturer to package its Jynne..

Cricket-Fiery Stokes revives England but S Africa build good lead

Cricket-Fiery Stokes revives England but S Africa build good lead

LONDON (Reuters) – A fiery spell from captain Ben Stokes dragged England back into the match but South Africa remained the happi..

Next year’s Geneva auto show cancelled -organisers

Next year’s Geneva auto show cancelled -organisers

ZURICH (Reuters) – The Geneva International Motor Show scheduled to take place in February has been cancelled for the fourth yea..

Record numbers resign in France as bargaining power balance shifts -labour ministry

Record numbers resign in France as bargaining power balance shifts -labour ministry

By Myriam Rivet and Tassilo Hummel PARIS (Reuters) – More French employees than ever quit their jobs at the end of 2021 and star..

Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports

Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports

By Elizabeth Howcroft LONDON (Reuters) -Tether, the world’s largest stablecoin, said on Thursday it had appointed accounting fir..