Oil prices climb 1% on fears over hurricane impact on US output
By Arunima Kumar (Reuters) -Oil prices rose by more than 1% on Thursday to extend a rebound spurred by concern over Hurricane Francine..
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Scotland’s only oil refinery to close next year, 400 jobs to go
By Ron Bousso and Robert Harvey LONDON (Reuters) -Grangemouth, Scotland’s only oil refinery, is to close in 2025 with the loss o..
Business
ECB cuts interest rates as growth dwindles
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank cut interest rates again on Thursday as inflatio..
Finance
Bank of England eyes growth with lighter bank capital reforms for UK lenders
By Sinead Cruise LONDON (Reuters) -The Bank of England aims to roll out revised new rules on how much capital UK banks must set aside ..
Finance
Zara owner Inditex sees early autumn sales perk up after summer slowdown
By Corina Pons MADRID (Reuters) -Zara owner Inditex reported a jump in sales of its autumn/winter collection on Wednesday, boosting it..
Business
UK’s Boohoo to stop supplying US customers locally
By James Davey LONDON (Reuters) -Online fashion retailer Boohoo said on Wednesday it would stop supplying U.S. customers from a site i..
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Services’ grip on UK economy tightens as manufacturing share ebbs further
By Andy Bruce (Reuters) – Britain’s shift towards a services-dominated economy is accelerating, pushing manufacturing̵..
Business
Oil settles near 3-year low on weak demand outlook
By Georgina McCartney HOUSTON (Reuters) -Global oil benchmark Brent crude futures settled at their lowest level since December 2021 on..
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US stocks, dollar defensive, bonds rally as Harris harries Trump
By Lawrence White LONDON (Reuters) -U.S. stock futures faltered and the dollar was on the defensive on Wednesday, while bond prices ra..
Finance
Etihad Airways plans IPO no earlier than 2025, sources say
By Hadeel Al Sayegh, Andres Gonzalez and Federico Maccioni DUBAI/LONDON (Reuters) -Abu Dhabi’s Etihad Airways plans to make its ..
Business