By Joice Alves and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The yen plunged to a fresh 15-year low against the euro on Friday after the Bank of Japan (BOJ) kept ultra-low interest ra[...]
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Europe
Odey Asset Management suspends further funds after investor flight- website
By Nell Mackenzie LONDON (Reuters) -Odey Asset Management has suspended further funds after increased investor redemptions, letters posted on the fund’s website showed. The hedge fund, once run[...]
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Analysis-Global tax deal at risk as first pillar teeters
By Leigh Thomas PARIS (Reuters) – One of the two pillars of a global corporate tax overhaul due to come into force next year is at risk of collapsing as plans over how to share taxing rights on[...]
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No Czech rate hike this year, but outlook for cuts shifts to Q4: Reuters poll
By Jason Hovet PRAGUE (Reuters) – The Czech National Bank is likely to opt against hiking interest rates further but chances of a rate cut are shifting later into 2023, or beyond, as inflation p[...]
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Self-driving truck company Einride expands into Norway
By Johannes Birkebaek COPENHAGEN (Reuters) – Swedish electric self-driving truck company Einride expects to reduce CO2 emissions in Norway by 2,100 tonnes over the coming three years as it partn[...]
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Bank of England set to raise rates to 4.75% as inflation slow to fall
By David Milliken LONDON (Reuters) – The Bank of England looks set to raise interest rates by a quarter point to a 15-year high of 4.75% on June 22, its 13th straight rate rise as it fights unex[...]
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US FDA extends review for GSK-owned Sierra’s blood cancer therapy
(Reuters) -GSK Plc said on Friday the U.S. Food and Drug Administration (FDA) has extended the review period by three months for a drug the British drugmaker gained through its $1.9 billion buyout of[...]
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Tesco says Britain’s food inflation has peaked
By James Davey and Sarah Young LONDON (Reuters) -Tesco, Britain’s biggest retailer, said the country’s food inflation was starting to ease, signalling some relief for squeezed shoppers and[...]
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Climate and Ukraine loom over supply-strained Paris Airshow
By Tim Hepher, Valerie Insinna, Joanna Plucinska and Allison Lampert PARIS (Reuters) – Global aerospace and defence companies will tout the cleaner transport and robotic weapons of the future as[...]
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