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US locks in steep China tariff hikes, many to start Sept. 27

US locks in steep China tariff hikes, many to start Sept. 27

By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty o..

Greece asks EU for urgent response to soaring power prices, letter shows

Greece asks EU for urgent response to soaring power prices, letter shows

By Angeliki Koutantou and Kate Abnett ATHENS/BRUSSELS (Reuters) – Greece’s prime minister has asked the EU to urgently res..

UK’s National Grid to sell electricity system operator in $827 million deal

UK’s National Grid to sell electricity system operator in $827 million deal

  (Reuters) -Britain’s National Grid said on Friday it had agreed to sell its Electricity System Operator (ESO) to the UK g..

ECB dents traders’ hopes for October rate cut

ECB dents traders’ hopes for October rate cut

  By Yoruk Bahceli, Naomi Rovnick (Reuters) -Traders pared back their bets on back-to-back rate cuts from the European Central Ba..

Dollar weak, yen at 2024 high on bets of big rate cut from Fed

Dollar weak, yen at 2024 high on bets of big rate cut from Fed

  By Ankur Banerjee SINGAPORE (Reuters) – The dollar softened on Friday, with the yen hitting its highest level this year a..

British drugmaker GSK moves mRNA flu vaccine to late-stage trials

British drugmaker GSK moves mRNA flu vaccine to late-stage trials

  (Reuters) -British drugmaker GSK announced on Thursday positive results from a mid-stage trial of its seasonal influenza vaccin..

Zara to offer its secondhand clothes service in US by October

Zara to offer its secondhand clothes service in US by October

MADRID (Reuters) – Zara will offer its service for selling, repairing or donating secondhand clothes in the United States by the..

Swiss banks fret over sanctions risk to wealth business

Swiss banks fret over sanctions risk to wealth business

By Oliver Hirt ZURICH (Reuters) -A survey of Swiss banks has highlighted international sanctions imposed on other countries, such as a..

Lloyd’s of London plans overhaul of ‘unclear’ conduct rules

Lloyd’s of London plans overhaul of ‘unclear’ conduct rules

LONDON (Reuters) – Lloyd’s of London said on Thursday it plans to overhaul its rules on dealing with poor conduct in the..

Tech takes stocks higher as ECB prepares rate cut

Tech takes stocks higher as ECB prepares rate cut

By Marc Jones LONDON (Reuters) – Share markets enjoyed a fourth straight day of gains on Thursday as the prospect of another ECB..