Category Archives:
UK housing market shows strains from “mini-budget”: Rightmove
LONDON (Reuters) - Britain's housing market lost momentum this month after Prime Minister Liz Truss's economic plans upset financial markets and triggered a repricing of the mortgage market, data from...
Oct 16, 2022
UK CFOs say credit is expensive, hit by “mini-budget” – Deloitte survey
By William Schomberg LONDON (Reuters) - More large British companies view borrowing as expensive than at any time in the past decade, due partly to financial market turmoil caused by the government's ...
Oct 16, 2022
New UK finance minister faces market verdict after gutting Truss’s plans
By William Schomberg LONDON (Reuters) - Britain's new finance minister Jeremy Hunt faces an early test of his attempt to stem the crisis of confidence in Prime Minister Liz Truss on Monday when the bo...
Oct 16, 2022
Australia’s Medibank says normal operations resume after ransomware attack
(Reuters) - Australian health insurer Medibank Private Ltd said on Monday normal business operations had resumed after an attempted ransomware attack and reaffirmed that there was no evidence that cus...
Oct 16, 2022
Broadcom banking on early EU approval of $61 billion VMware deal -sources
By Foo Yun Chee BRUSSELS (Reuters) - U.S. chipmaker Broadcom will seek early European Union antitrust approval of its proposed $61 billion buy of cloud computing company VMware by pointing to competit...
Oct 16, 2022
EU needs to up electric vehicle support to fend off Chinese competition – NGO
By Nick Carey (Reuters) - The European Union needs to provide more regulatory incentives for its carmakers to scale up fully electric vehicle (EV) production or risk losing market share to Chinese riv...
Oct 16, 2022
Analysis-G7 fails to reach intervention deal to ease pain of soaring dollar
By Leika Kihara WASHINGTON (Reuters) - Japan and other countries facing the fallout from a soaring U.S. dollar found little comfort from last week's meetings of global finance officials, with no sign ...
Oct 16, 2022
Activist investor Starboard has sizable stake in Splunk
(Reuters) - Activist investor Starboard Value LP has a nearly 5% stake in Splunk Inc and plans to push the software maker to take steps that would boost its share price, a source familiar with the mat...
Oct 16, 2022
Australia casino firm Star to be fined $62 million following inquiry – Sydney Morning Herald
SYDNEY (Reuters) - Australian casino firm Star Entertainment Group will be fined A$100 million ($62 million) after an inquiry found it failed to prevent money laundering and criminal activity in its S...
Oct 16, 2022
Saudi king Salman says kingdom seeks stability and balance in oil markets
RIYADH (Reuters) - Saudi King Salman said on Sunday the kingdom was working hard to support stability and balance in oil markets, including by establishing and maintaining the agreement of the OPEC+ a...
Oct 16, 2022
Peoria, IL, USA
83 °F Partly cloudy
