British pensions step up multi-billion-pound asset fire sale as need for cash soars
By Tommy Wilkes and Carolyn Cohn LONDON (Reuters) – UK pension schemes are racing to raise hundreds of billions of pounds to sho..
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Germans told to unite over energy crisis amid EU divisions
By Rachel More and Paul Carrel BERLIN (Reuters) – Germany can weather a winter gas shortage caused by Russia’s war on Ukra..
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Stocks tumble globally on raft of economic, political worries
By Sinéad Carew and Dhara Ranasinghe LONDON/NEW YORK (Reuters) – MSCI’s global index of stocks hit its lowest level in alm..
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Sterling snaps four-day drop, but gilt-market havoc tempers gains
By Amanda Cooper LONDON (Reuters) -The pound snapped a four-day streak of losses on Tuesday in a volatile session, in which the Bank o..
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Stellantis aims to boost recycled material content in vehicles
MILAN (Reuters) -Stellantis will look to upgrade its medium-term target for the minimum percentage of recycled material in its vehicle..
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U.S. dollar drifts higher; yen heads toward level that prompted intervention
By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar edged higher in choppy trading on Tuesday, add..
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Damien Hirst burns artworks after collectors pick their NFTs instead
By Marie-Louise Gumuchian LONDON (Reuters) – Britain’s Damien Hirst started burning hundreds of his artworks on Tuesday af..
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Explainer-Why is Bank of England acting again? What next in the UK crisis?
LONDON (Reuters) – The Bank of England again sought to stem a sharp sell-off in Britain’s 2.1 trillion pound ($2.3 trillio..
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Oil falls more than 2% on recession and China COVID fears
By Alex Lawler LONDON (Reuters) – Oil slid more than 2% on Tuesday, extending losses of nearly 2% in the previous session, as re..
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Scholz: if Germany continues to adapt, we will make it through winter
BERLIN (Reuters) – Germany will make it through the winter if citizens, companies and policymakers continue to adapt to the coun..
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