Author Archives: Syndicated Content
UK retail sales fall by more than expected in September
LONDON (Reuters) - British retail sales volumes fell by a bigger-than-expected 1.4% in monthly terms in September, official data showed on Friday, as consumers felt the hit from rising prices. Septemb...
Oct 21, 2022
Deliveroo says full-year revenue will be at lower end of range
LONDON (Reuters) - British food delivery company Deliveroo guided to full-year revenue at the lower end of its range due to the squeeze on consumer budgets. Full-year gross transaction value (GTV) gro...
Oct 21, 2022
Analysis-Money market woes cast shadow over $1.6 trln UK commercial property sector
By Sinead Cruise, Elizabeth Howcroft and Lucy Raitano LONDON (Reuters) - Owners of Britain's largest malls, skyscrapers and industrial hubs face hikes in borrowing costs and a recession that could dep...
Oct 21, 2022
Column-Sterling may decide if BoE can talk markets off a cliff : Mike Dolan
By Mike Dolan LONDON (Reuters) - The Bank of England has the uneviable task of convincing markets they are wrong about how high UK interest rates need to rise, without pulling the rug from under sterl...
Oct 21, 2022
Russia poised to largely skirt new G7 oil price cap
By Noah Browning, Dmitry Zhdannikov and Jonathan Saul LONDON (Reuters) - Russia can access enough tankers to ship most of its oil beyond the reach of a new G7 price cap, industry players and a U.S. of...
Oct 21, 2022
BOJ: Japan’s banking system stable but rising global rates a risk
TOKYO (Reuters) - Japan's banking system remains stable as a whole but rising overseas interest rates could worsen the creditworthiness of highly leveraged firms, the Bank of Japan said on Friday. "Fi...
Oct 21, 2022
China property stocks rise after easing of share financing rules
SHANGHAI (Reuters) - China's property shares jumped on Friday after state media said authorities will ease share financing rules for certain real estate-related firms, fuelling hopes of more measures ...
Oct 21, 2022
Santander offers to buy 4% it doesn’t own in Mexican unit prior to delisting
MADRID (Reuters) - Santander said on Friday it would launch a tender offer for the 4% of shares in its Mexican unit it doesn't own, a step prior to its delisting. The euro zone's second-biggest bank b...
Oct 21, 2022
Blasts heard in Ukraine’s Kharkiv, Zaporizhzhia – officials
(Reuters) -A series of blasts rocked the Ukrainian cities of Kharkiv and Zaporizhzhia on Friday, authorities said, after Russian forces stepped up missile strikes on Ukraine in the past few weeks, tar...
Oct 21, 2022
Musk says recession could last until 2024
(Reuters) - Tesla Chief Executive Elon Musk said on Friday he thinks a recession will last until spring of 2024 after earlier raising concerns on demand in China and Europe. "Just guessing, but probab...
Oct 21, 2022
