By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar gained slightly on Friday and remained on track for its largest weekly gain in over a month as investors eyed rising bond[...]
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UK
From Apollo to DZ Bank, funds snap up bargains in UK pension scramble
By Nell Mackenzie LONDON (Reuters) – Credit funds at Blackstone, Apollo, DZ Bank and Astra Asset Management picked up bargains from UK pension funds during their scramble for cash, and some say[...]
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Oil slides 2%, posts second weekly decline as supply fears recede
By Laila Kearney NEW YORK (Reuters) -Oil dropped by about 2% on Friday, logging a second weekly decline, due to concern about weakened demand in China and further increases to U.S. interest rates. Bre[...]
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Europe’s STOXX 600 jumps more than 1% to end week higher
By Shreyashi Sanyal and Devik Jain (Reuters) -Europe’s STOXX 600 index closed higher on Friday in a broad-based rally led by retailers and automakers, while investors awaited minutes from the Eu[...]
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Jaguar Land Rover turns to laid-off tech workers for EV skills
By Sachin Ravikumar LONDON (Reuters) -Laid off tech workers could find new jobs at Jaguar Land Rover (JLR) as the 100-year-old British automaker looks to hire hundreds of engineers to help develop ele[...]
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Full 9th US Circuit to tackle complex Resolution Copper mining case
By Ernest Scheyder (Reuters) – The full 9th U.S. Circuit Court of Appeals said on Thursday it will weigh whether the federal government improperly gave Rio Tinto Plc thousands of acres in Arizon[...]
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Analysis-Tough budget leaves UK’s growth challenge unmet
By William Schomberg and David Milliken LONDON (Reuters) – British finance minister Jeremy Hunt says higher taxes and curbs on spending are the price that must be paid to allow the economy to gr[...]
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As recession bites, Tesco offers UK staff pay advance
By James Davey and Sarah Young LONDON (Reuters) – Tesco, one of Britain’s largest private-sector employers, is offering its staff advances on their pay in the latest sign of the distress a[...]
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Dassault, Airbus reach deal to move to next phase of FCAS warplane project – French govt source
PARIS (Reuters) – Airbus and Dassault have found a deal to move to the next phase of the FCAS Franco-German warplane project, a French government source said on Friday. “That’s what[...]
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