Category Archives:

LONDON (Reuters) - Former Bank of England governor Mark Carney criticized the new British government's plan to cut taxes for under-cutting the attempts of the central bank to curb inflation and sowing...

LONDON (Reuters) - British clothing retailer Next cut its guidance for the full year, saying August trading was below expectations and cost of living pressures are set to rise in the coming months. Ne...

LONDON (Reuters) - British investment manager M&G said on Thursday that Andrea Rossi, a former head of AXA Investment Managers, will take over as Chief Executive Officer of the company. Rossi will rep...

STOCKHOLM (Reuters) -H&M, the world's second-biggest fashion retailer, reported on Thursday a much smaller-than-expected June-August pretax profit amid cost inflation and slowing consumer spending and...

By Mathieu Rosemain, Supantha Mukherjee and Elvira Pollina PARIS/STOCKHOLM/MILAN (Reuters) - Once unthinkable, mobile phones could go dark around Europe this winter if power cuts or energy rationing k...

BENGALURU (Reuters) - Reliance Industries Ltd's retail unit launched its first in-house premium fashion and lifestyle store on Thursday, as the billionaire Mukesh Ambani-led company continues to grab ...

SHANGHAI (Reuters) - A central bank digital currency trial focused on cross-border transactions has been completed, the Bank for International Settlements (BIS) said, with Chinese state-owned banks pa...

By Chris Taylor NEW YORK (Reuters) - If you are feeling the effects of inflation, here is a news flash: Your kid is, too. Allowances do not go as far as they used to. In fact, average weekly allowance...

SHANGHAI (Reuters) - China's yuan bounced on Thursday from a 14-year low against the dollar hit in the previous session, snapping eight straight days of losses, after the central bank warned against s...

By Lewis Krauskopf NEW YORK (Reuters) - Soaring interest rates are providing investors with attractive alternatives to stocks, complicating the picture for equities in an already-vicious year. For yea...