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European stocks slip on dour German sentiment survey ahead of Powell speech

European stocks slip on dour German sentiment survey ahead of Powell speech

By Anisha Sircar (Reuters) -European shares slipped on Friday as investors fretted over downbeat German consumer sentiment data due to..

Thousands of British postal workers walk out over pay

Thousands of British postal workers walk out over pay

LONDON (Reuters) – More than 115,000 workers at Britain’s Royal Mail began the first of four days of strike action on Frid..

Factbox-How far are UK energy bills set to rise and what help are consumers getting?

Factbox-How far are UK energy bills set to rise and what help are consumers getting?

LONDON (Reuters) – Britain’s energy regulator Ofgem said on Friday the cap on domestic energy prices would rise to 3,549 p..

FTSE 100 extends gains, Micro Focus soars on buyout deal

FTSE 100 extends gains, Micro Focus soars on buyout deal

By Johann M Cherian and Sruthi Shankar (Reuters) -UK’s blue-chip index rose for a second straight day on Friday on gains in comm..

Russian rouble opens flat, sticks to 60-mark against U.S. dollar

Russian rouble opens flat, sticks to 60-mark against U.S. dollar

(Reuters) – The Russian rouble opened flat in trading on Friday as month-end tax payments by exporters helped keep the currency ..

Sentiment among German exporters falls for third month in a row -Ifo

Sentiment among German exporters falls for third month in a row -Ifo

BERLIN (Reuters) – Sentiment among German exporters fell for the third month in a row in August as high gas prices and a weak gl..

New UK PM will need to take urgent action on energy bills – Ofgem CEO

New UK PM will need to take urgent action on energy bills – Ofgem CEO

LONDON (Reuters) – Britain’s new prime minister will need to act urgently to address the issue of soaring energy prices, t..

UK’s Micro Focus shares nearly double after Canada’s OpenText agrees $6 billion takeover

UK’s Micro Focus shares nearly double after Canada’s OpenText agrees $6 billion takeover

By Eva Mathews and Krystal Hu (Reuters) -Shares of Micro Focus soared more than 90% on Friday after Canadian software company OpenText..

Most of BP’s Whiting refinery units shut following fire -sources

Most of BP’s Whiting refinery units shut following fire -sources

HOUSTON (Reuters) -Most of the units at BP Plc’s 435,000 barrel-per-day Whiting, Indiana, refinery were out of production on Thursday ..

Decision to end ECB reinvestments takes back seat to rate hikes, sources say

Decision to end ECB reinvestments takes back seat to rate hikes, sources say

By Balazs Koranyi JACKSON HOLE, Wyo. (Reuters) – The European Central Bank could soon start talks on ending reinvestments of cas..