Author Archives: Syndicated Content
French care home group Orpea posts first-half net loss, hit by asset impairments
(Reuters) -France's Orpea on Wednesday reported a net loss for the first six months of the year, citing a fall in the value of its assets. The company, which faces legal action in France over allegati...
Sep 28, 2022
Explainer-Why are Britain’s pension schemes dumping gilts?
LONDON (Reuters) - A dramatic upswing in British government bond yields this week triggered calls for cash from defined benefit pension funds, forcing them to slash positions and prompt the Bank of En...
Sep 28, 2022
Motor racing-Hamilton vows maximum attack to the end of the F1 season
KUALA LUMPUR (Reuters) - Seven times Formula One world champion Lewis Hamilton vowed maximum attack to the end of the season on Wednesday as Mercedes seek to wrest second place from Ferrari in the con...
Sep 28, 2022
UK housing market may face perfect storm as mortgage rates rise, house prices drop
By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) - A surge in borrowing costs and a likely slowdown in economic growth threaten to trigger a selloff in Britain's housing market with cons...
Sep 28, 2022
Athletics-Injured Farah out of London Marathon
LONDON (Reuters) - Britain's four times Olympic champion Mo Farah has withdrawn from his home London Marathon on Sunday after suffering a hip injury. Organisers said on Wednesday that the six times wo...
Sep 28, 2022
Orange juice prices surge as Hurricane Ian nears Florida; small risk to sugar
NEW YORK (Reuters) - Orange juice futures on ICE exchange traded up as much as 5.5% on Wednesday as Hurricane Ian approached the Florida coast, threatening to damage orange trees in the country's larg...
Sep 28, 2022
China’s COVID worries to take shine off Golden Week holiday
By Sophie Yu and Casey Hall BEIJING (Reuters) - Travel during China's Golden Week holiday, which begins on Saturday, is set to hit its lowest in years, analysts say, as COVID-19 concerns spur calls fo...
Sep 28, 2022
Britain’s market rout stokes contagion fears around the globe
By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) - The scale and speed of the sell-off in British assets has jolted world markets, raising concern about contagion as chao...
Sep 28, 2022
CDC Director: U.S. adopting PrEP strategy to expand monkeypox vaccine eligibility
WASHINGTON (Reuters) - The United States is expanding eligibility for Bavarian Nordic's Jynneos monkeypox vaccine by moving to a pre-exposure prophylaxis (PrEP) strategy, U.S. Centers for Disease Prev...
Sep 28, 2022
Columbia Threadneedle discussed gilts with BoE, says portfolio manager
LONDON (Reuters) - Investment manager Columbia Threadneedle had several conversations with the Bank of England over recent gilt market moves, a portfolio manager looking after pension fund clients tol...
Sep 28, 2022
