LONDON (Reuters) – Brexit safeguards to stop asset managers in Britain running “shell” investment funds in the European Union to retain access to its markets should be hardwired into EU law, the bloc’s securities watchdog said on Wednesday. After Britain voted... More »
BEIRUT (Reuters) – Lebanon should be locked down for two weeks after a spike in COVID-19 infections, the caretaker government’s health minister was quoted as saying on Monday. “We declare today a state of general alert and we need a brave decision to close (th... More »
BERLIN (Reuters) – The number of confirmed coronavirus cases in Germany increased by 561 to 224,014, data from the Robert Koch Institute (RKI) for infectious diseases showed on Monday. The reported death toll rose by one to 9,232, the tally showed. Source: htt... More »
LONDON (Reuters) – The euro retreated after hitting a 19-week high of $1.1467 on Monday after EU summit chairman Charles Michel said a recovery fund to revive economies hit by the COVID-19 pandemic could contain 390 billion euros in grants. EU leaders have mad... More »
BRUSSELS (Reuters) – Europe’s top court will on Thursday rule on the legality of tools companies use to transfer Europeans’ data around the world, in the latest clash between Facebook and Austrian privacy activist Max Schrems. If the court finds the mechanisms... More »
TOKYO (Reuters) – The yen edged higher on Monday after the Bank of Japan expanded stimulus to help companies hit by the coronavirus crisis while the pound rose against the dollar and euro on optimism Britain may soon ease a month-long lockdown. The BOJ’s decis... More »
NEW YORK (Reuters) – Global currency fund managers racked up gains in the first quarter as they benefited from the extreme volatility that the coronavirus pandemic has stoked across financial markets. The BarclayHedge currency traders index was up 6.13% for th... More »
MOSCOW (Reuters) – Russia’s space agency Roscosmos said on Friday it would have to adjust its 2020 launch programme because of a halt in satellite production in Europe, amid the coronavirus outbreak. The head of Roscosmos, Dmitry Rogozin, will hold several mee... More »
TOKYO/SINGAPORE (Reuters) – The dollar was on the back foot on Monday as growing expectations of U.S. interest rate cuts to cushion the impact of the coronavirus stemmed some safety flows into the greenback. After U.S. shares were routed in recent days, Federa... More »
LONDON (Reuters) – The euro dropped back towards $1.08 on Monday and the Australian dollar tumbled to a new 11-year low as the rapid spread of the coronavirus outside China drove fears of a pandemic and sent investors to the safety of the U.S. dollar. The safe... More »
LONDON (Reuters) – Irish Prime Minister Leo Varadkar said the European Union will have the upper hand in post-Brexit trade talks with the United Kingdom and questioned Prime Minister Boris Johnson’s timetable of striking a deal by the end of the year, the BBC ... More »
LONDON (Reuters) – Prime Minister Boris Johnson will welcome 109 new Conservative lawmakers to parliament on Monday, promising to honour his election pledges to get Brexit done as soon as possible and boost funding to the state health service. After winning a ... More »
BRUSSELS (Reuters) – European Union leaders are meeting in Brussels on Thursday and Friday for talk on climate, the EU’s long-term budget, Brexit, the euro zone and Russia sanctions, among others. Here are comments made by them on Thursday ahead of the summit.... More »
LONDON (Reuters) – Prime Minister Boris Johnson will travel to the heartlands of Brexit Britain in a final campaign blitz ahead of Thursday’s election, as he seeks to secure the parliamentary majority he needs to take the country out of the European Union. “We... More »
LONDON (Reuters) – The euro enjoyed a small respite on Monday, jumping to an 11-day high versus the U.S. dollar, on expectations that Washington and Beijing can soon sign off on a deal to end a trade war that has been a drag on global economic growth. Faint op... More »
LONDON (Reuters) – The British government insisted on Sunday the country will leave the European Union on Oct. 31 despite a letter that Prime Minister Boris Johnson was forced by parliament to send to the bloc requesting a Brexit delay. The Brexit maelstrom ha... More »
SYDNEY (Reuters) – Sterling fell over half a percent against the dollar on Monday, slipping from five-month highs after the British parliament delayed a crucial vote on a Brexit withdrawal agreement. The move derailed Prime Minister Boris Johnson’s plan for a ... More »
LONDON (Reuters) – Uncertainty surrounding Britain’s exit from the European Union has hit science funding to the tune of almost half a billion euros and is putting off international researchers from coming to Britain, a leading institution said on Wednesday. A... More »
LONDON (Reuters) – Britain’s vast financial services industry will lose more jobs to Europe over the coming years because of Brexit, the City of London’s policy chief told Reuters, warning people not to be duped by the low number of job moves to the continent ... More »
DUBLIN (Reuters) – Irish Prime Minister Leo Varadkar’s approval rating has jumped sharply as voters back his government’s approach on Brexit ahead of a parliamentary election he wants to hold in May, a poll showed on Tuesday. However, the surge in Varadkar’s p... More »
LONDON (Reuters) – From the pinnacle of the City of London’s largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the British capital remains a master of the international financial universe no matter what happens with Brexit. The 76-year-old ... More »
TOKYO (Reuters) – Japanese Economy Minister Yasutoshi Nishimura said on Monday he would watch the impact of the October sales tax hike on the economy and take additional measures to prop up the economy if needed. “After the consumption tax rate hike, I’ll take... More »
HONG KONG (Reuters) – Hong Kong private home prices fell for the third straight month in August, according to government data released on Monday, as increasingly violent street protests take a toll on the economy. Prices dropped 1.37%, steeper than July’s revi... More »
WASHINGTON (Reuters) – The top U.S. consumer and trade regulator said on Tuesday it had warned three companies selling products infused with cannabidiol that it was illegal to advertise that such products could fight disease without providing credible scientif... More »
(Reuters) – Britain’s Conservative lawmakers have been warned by party officials that their party whip would be withdrawn if they attempt to block a no-deal Brexit, Sky News bit.ly/2HDgmeO reported on Sunday, citing a source. The lawmakers who have the whip wi... More »
PARIS (Reuters) – Britain would still have to honour all its financial obligations made during its membership of the European Union even if a ‘no-deal’ Brexit occurred, said EU Economics Commissioner Pierre Moscovici on Tuesday. British Prime Minister Boris Jo... More »
LONDON (Reuters) – Britain’s opposition Labour Party leader Jeremy Corbyn will meet with other British political leaders next week to discuss tactics to prevent a no-deal Brexit, Corbyn’s second-in-command John McDonnell told the BBC on Monday. “He’ll bring th... More »
LONDON (Reuters) – Britain’s major banks have seen a growing number of business customers delay decisions on investments and borrowing in recent weeks, as the probability of a disorderly exit from the European Union inches higher. Britain’s banks have largely ... More »
LONDON (Reuters) – The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders remained cautious about the prospects of trade talks between the United States and China at this week’s G20 summit. The gr... More »
LONDON (Reuters) – China’s yuan was set for its worst daily fall in nine months on Monday as trade negotiations between the U.S. and China ended after President Donald Trump raised tariffs on Chinese goods. Currency moves in response to the latest trade hostil... More »
LONDON (Reuters) – The Chinese yuan was set for its biggest drop in 10 months on Monday after U.S. President Donald Trump threatened to raise tariffs on China while perceived safe-haven currencies such as the yen surged amid a broad-based rout for risky assets... More »
(Reuters) – Justin Rose had a confidence-boosting finish at Quail Hollow on Sunday in the leadup to the PGA Championship but his Ryder Cup team mate Rory McIlroy continued his worrying final round form. World number two Rose closed with a tidy 68 to finish thi... More »
LONDON (Reuters) – British lawmakers on Monday used a vote on the government’s next steps on Brexit to wrest control of the process so that they can then try to find a majority for an alternative that would break the parliamentary deadlock. Lawmakers voted on ... More »
LONDON (Reuters) – The British government on Monday called for realism after parliament grabbed control of Brexit. “It is disappointing to see this amendment pass,” said a spokesman for the Department for Exiting the European Union. “While it is now up to parl... More »
LONDON (Reuters) – British Prime Minister Theresa May indicated to some Brexit-supporting lawmakers on Sunday that she would consider resigning in exchange for parliament backing her Brexit deal, The Sun newspaper reported. “The major admission came in a priva... More »
TEL AVIV (Reuters) – Spoon-bending psychic Uri Geller wants to bend British Prime Minister Theresa May’s will against Brexit using mass-telepathy. From his home in Israel, Geller – who is also a British citizen and a former resident of May’s Maidenhead constit... More »
ROSS-ON-WYE, England (Reuters) – For almost 100 years, Chris Chinn’s family has farmed asparagus in the rolling hills of the Wye Valley in western England. This year, he fears uncertainty around Britain’s departure from the European Union will keep his eastern... More »
LONDON (Reuters) – Collapsing asset price volatility has turned ‘carry trading’ into one of investors’ top plays of 2019. Many reckon the run is far from over. This strategy sees investors borrow in currencies where interest rates are low to invest in countrie... More »
TOKYO (Reuters) – The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain’s exit from the European Union. The do... More »
LONDON (Reuters) – From Brexit-inspired art to newspaper front pages leading up to Britain’s 2016 referendum on European Union membership, a new London exhibition takes a look at the vote that has divided the nation ever since. Dozens of artworks and newspaper... More »
WASHINGTON (Reuters) – The United States will withdraw or deny visas to any International Criminal Court personnel investigating possible war crimes by U.S. forces or allies in Afghanistan, Secretary of State Mike Pompeo said on Friday. The court, which sits i... More »
WASHINGTON (Reuters) – The U.S. consulate in Jerusalem, which serves Palestinians, will be absorbed into the new U.S. Embassy to Israel on Monday, the State Department said, a merger that has angered Palestinian leadership. The decision to create a single dipl... More »
(Reuters) – U.K. Attorney General Geoffrey Cox has abandoned attempts to secure a hard time-limit or unilateral exit mechanism for the Irish backstop, the Telegraph reported on Sunday. Ministers said Cox’s aims that represent central demands of Eurosceptics ar... More »
BERLIN (Reuters) – If Britain quits the European Union without a deal, that could shave at least 0.5 percent off Germany’s gross domestic product (GDP), the head of Germany’s BDI industry association said on Tuesday. BDI Managing Director Joachim Lang said tha... More »
LONDON (Reuters) – Major banks are still not ready for a ‘no-deal’ Brexit as they grapple with delays in licences for new European Union businesses, staffing problems and snags in redrafting contracts. Despite thousands of staff working on preparations for mor... More »
VILNIUS (Reuters) – About 100 British financial companies and start-ups are applying for a licence in burgeoning fintech hub Lithuania to ensure they have access to the European Union after Brexit, the country’s central bank told Reuters. Britain is due to lea... More »
LONDON (Reuters) – Bank of America Merrill Lynch has named Sanaz Zaimi as head of its new Paris-based European Union broker-dealer unit BofA Securities Europe, the U.S. bank said on Friday. “We began the relocation of roles to our new Paris office this week. T... More »
LONDON (Reuters) – Britain’s education minister Damian Hinds said on Monday he did not envisage a no-deal Brexit becoming the official policy of Prime Minister Theresa May’s government. Asked if May had told her cabinet of senior ministers she would not allow ... More »
LONDON (Reuters) – The Australian dollar and kiwi dollar, gauges of global risk appetite, fell on Monday on fears of a slowdown in China’s economy prompted by a contraction in Chinese exports. Market sentiment swung negative after data showed that China’s Dece... More »
LONDON (Reuters) – Carmaker Rolls-Royce called on the British government to avoid a disorderly Brexit and said it was building up some stock, expanding warehouse capacity and training suppliers for customs changes in case Britain leaves the EU without a deal. ... More »
LONDON (Reuters) – The euro and commodity-linked currencies rose on Wednesday as optimism over U.S.-China trade negotiations improved investor sentiment and encouraged some selling of the dollar. Expectations of more easing in China also supported markets, wit... More »
(Reuters) – The U.S. Supreme Court on Monday declined to consider reviving a lawsuit by 102-year-old Oscar-winning actress Olivia de Havilland accusing a Twenty-First Century Fox Inc unit of falsely portraying her in a miniseries about a famous Hollywood feud.... More »
LONDON (Reuters) – Prime Minister Theresa May’s Brexit deal can be passed by the British parliament if the European Union provides clarification that the Northern Irish “backstop” will be temporary, foreign minister Jeremy Hunt said on Friday. The backstop is ... More »
LONDON (Reuters) – The Japanese yen gained half a percent against the dollar on Friday as investors cut back positions in risky assets after a volatile week in global stock markets and as concerns grow about a trade dispute between United States and China. Tra... More »
LUXEMBOURG (Reuters) – The European Union’s top court ruled on Monday that the British government may reverse its decision to leave the bloc without consulting other member states in a decision welcomed by those campaigning to stop Brexit. In an emergency judg... More »
FRANKFURT (Reuters) – Europe launched four more Galileo satellites on Wednesday, taking the number in orbit to 26 and moving a step closer to having its own navigation system, just as the programme has become the latest flashpoint in Brexit negotiations. The s... More »
LONDON (Reuters) – The dollar strengthened broadly on Monday and neared a six-month high against the Japanese yen as investors bought riskier assets, encouraged by signs that trade tensions have yet to hurt economic momentum. As the second-quarter corporate ea... More »
LONDON/BRUSSELS (Reuters) – The European Union told Britain on Friday there were still too many unanswered questions over Brexit, increasing the pressure on Prime Minister Theresa May as she tries to unite her government over plans to leave the bloc. As the EU... More »
SHANGHAI (Reuters) – Renowned global hedge fund managers Bridgewater Associates LP and Winton Group Ltd have had registrations to launch products in China accepted at a time of turbulence in capital markets, reflecting a change in the government’s stance towar... More »
LONDON (Reuters) – Britain’s public health service has started “significant planning” to ensure medicines are still supplied to patients if the government fails to negotiate a Brexit deal with the European Union, its head said on Sunday. Simon Stevens, chief e... More »
(Reuters) – Former Arsenal manager Arsene Wenger is eager to coach again but remains wary of committing to a “crazy challenge” as he plans to resolve his future in the coming weeks. The 68-year-old left Arsenal after almost 22 years at the helm of the Premier ... More »
LONDON (Reuters) – The dollar hit a five-month high on Monday after U.S. Treasury Secretary Steven Mnuchin declared the U.S.-China trade war “on hold” following their agreement to suspend threatened tariffs. Against a basket of its peers, the dollar rose above... More »
TOKYO (Reuters) – The dollar stayed near its 2018 peak on Monday after U.S. jobs and wages data did little to temper perceptions of strength in the U.S. economy, though renewed concerns about trade frictions could cloud its outlook. The dollar index stood at 9... More »
SINGAPORE (Reuters) – The dollar held steady against a basket of currencies on Friday, having retreated from four-month highs on profit-taking, with the focus on whether U.S. jobs data will provide the spark for another push higher. The dollar has erased all i... More »
LONDON (Reuters) – Prime Minister Theresa May has asked experts to look into options for a British satellite navigation system to rival the European Union’s Galileo project amid a row over attempts to restrict Britain’s access to sensitive information after Br... More »
CORUNA, Spain (Reuters) – Barcelona forward Lionel Messi said his side were superior to every team in the league after he scored a hat-trick in Sunday’s 4-2 win at Deportivo which clinched the club’s 25th Spanish title with four games left in the season. Barca... More »
NEW YORK (Reuters) – Nasdaq Inc has asked regulators to allow it to give small companies a choice of trading on a single U.S. stock exchange, rather than all 13 of them, in an effort to make it easier for buyers and sellers of the stocks to find each other. Cu... More »
LONDON (Reuters) – The dollar weakened on Monday and headed towards a two-week low against a basket of rivals on growing signs of relief that a U.S.-led strike on Syria would not escalate further at a time when concerns over a trade war has rattled global mark... More »
TOKYO (Reuters) – Yahoo Japan Corp said on Friday it would buy a minority stake in a Tokyo-based cryptocurrency exchange, becoming the latest major Japanese financial services provider to shrug off security concerns and join the digital money industry. Yahoo J... More »
TOKYO (Reuters) – The dollar bounced against the yen on Tuesday, with broader risk appetite improving after a speech by Chinese President Xi Jinping promising to cut import tariffs eased concerns about a trade conflict between the world’s two largest economies... More »
FILE PHOTO: A picture illustration of Euro banknotes, April 25, 2014. REUTERS/Dado Ruvic/Illustration/File Photo LONDON (Reuters) – The euro gained on Monday and the dollar dropped as last week’s strong U.S. jobs numbers and receding fears over a trade war hel... More »
The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March 2, 2018. REUTERS/Staff/Remote MILAN (Reuters) – European shares inched up on Monday, held back by heavy losses among Italian stocks after a bigger than expected... More »
Mar 4, 2018- Mexico City, MEX- Phil Mickelson poses with the winner’s trophy following the final round of the WGC – Mexico Championship golf tournament at Club de Golf Chapultepec. Orlando Ramirez-USA TODAY Sports (Reuters) – Phil Mickelson ended a five-year v... More »
FILE PHOTO: A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/File Photo TOKYO (Reuters) – The yen surged against the dollar on Friday after Bank of Japan Haruhiko Kuroda said the central bank will consid... More »
LONDON (Reuters) – Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675 million on signs of renewed buoyancy in the industry. Hedge funds made initial forays into shipping stocks in the third quarte... More »
A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration SINGAPORE (Reuters) – The yen edged higher versus the dollar on Monday, but traded below a five-month high as a bounce in U.S. equities late last week dam... More »
Two Euro coins are seen at the Money Service Austria company’s headquarters in Vienna, Austria, November 16, 2017. REUTERS/Leonhard Foeger LONDON (Reuters) – The euro held above $1.25 on Friday, continuing a strong week in which rising U.S. treasury yields fai... More »
Employees arrange tomatoes before weighing them at a Big Basket warehouse on the outskirts of Mumbai November 4, 2014. REUTERS/Danish Siddiqui MUMBAI (Reuters) – A unit of China’s Alibaba has invested $146 million in Indian online grocer BigBasket, strengtheni... More »
Asian shares extended their bull run on Monday amid upbeat corporate earnings and strong global economic growth, while the dollar tried to bounce even as the White House continued to complain of "unfair" trade practices by competitors. More »
Britain’s Prime Minister Theresa May leaves 10 Downing Street, London, January 24, 2018. REUTERS/Toby Melville LONDON (Reuters) – British Prime Minister Theresa May faces a fresh challenge pushing her flagship Brexit law through parliament after lawmakers dema... More »
A man walks past an electric board showing exchange rates of various cryptocurrencies at Bithumb cryptocurrencies exchange in Seoul, South Korea, January 11, 2018. REUTERS/Kim Hong-Ji SEOUL (Reuters) – With a tech-savvy population quick to adopt the latest gad... More »
The euro surged above $1.21 to a three-year high on Friday on bets the European Central Bank is getting ready to wind down its huge monetary stimulus, and after German Chancellor Angela Merkel reached a deal that should lead to the formation of a "grand coalit... More »
FILE PHOTO: Japan Yen and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo TOKYO (Reuters) – The dollar extended losses against the yen on Wednesday after the Bank of Japan’s move to trim Japanes... More »
FILE PHOTO: Sparks glow from broken Bitcoin (virtual currency) coins in this illustration picture, December 8, 2017. REUTERS/Dado Ruvic/Illustration/File Photo NEW YORK (Reuters) – Stocks that surged in recent weeks because of the cryptocurrency mania have man... More »
FILE PHOTO: A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017. REUTERS/Dado Ruvic/File Photo TOKYO (Reuters) – Cryptocurrency bitcoin tumbled below $14,000 briefly on the Bitstamp exchange BTC=BTSP on Friday, d... More »
LONDON (Reuters) – Hedge funds and other managers of catastrophe bond funds racked up some of the worst losses in more than a decade from this year’s hurricanes and wildfires. But a year that is shaping up to be the costliest on record for insurance losses fro... More »
British Prime Minister Theresa May arrives for the EU summit in Brussels, Belgium, December 14, 2017. REUTERS/Eric Vidal BRUSSELS (Reuters) – The European Union agreed on Friday to move Brexit talks onto trade and a transition pact but some leaders cautioned t... More »
A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration LONDON (Reuters) – The dollar slipped to a nine-day low against the yen on Friday, after wrangling in the United States Congress over a bill to change the ta... More »
FILE PHOTO: Britain’s Prince William, Duke of Cambridge and Prince Harry visit the White Garden in Kensington Palace in London, Britain August 30, 2017. REUTERS/Kirsty Wigglesworth/Pool/File Photo LONDON (Reuters) – A sculptor who produced the image of Queen E... More »
Jordanian Dinar, Yuan, Dollar, Canadian Dollar, Pound and Riyals banknotes are seen in this picture illustration taken June 13, 2017. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) – How much are you worth? For the FX and bond analysts covering the world’s b... More »
People walk past an Uber advertisement outside the Uber main office in Mandaluyong city, metro Manila, Philippines August 15, 2017. REUTERS/Dondi Tawatao BRUSSELS (Reuters) – Ride-hailing app Uber [UBER.UL] said on Monday it was joining a global public transpo... More »
Pound coins are seen in front of a displayed U.S. 100 dollar banknote in this picture illustration taken January 18, 2017. REUTERS/Dado Ruvic/Illustration TOKYO (Reuters) – The dollar was broadly higher on Monday, reaching a 2-1/2-week peak against the yen, li... More »
The logo of FIFA is seen in front of its headquarters in Zurich, Switzerland September 26, 2017. REUTERS/Arnd Wiegmann/File Photo MELBOURNE (Reuters) – Football Federation Australia’s embattled chairman Steven Lowy believes a FIFA takeover of Australian soccer... More »
A general view shows the aerial subway and the city rooftops in Paris February 24, 2015. REUTERS/Gonzalo Fuentes PARIS/LONDON (Reuters) – The surprise decision to move the European Banking Authority to Paris will boost its chances of attracting London banks af... More »
50 and 20 Euro banknotes are displayed in this picture illustration taken November 14, 2017. REUTERS/Benoit Tessier/Illustration SINGAPORE (Reuters) – The euro hit a two-month low against the yen on Monday, as German Chancellor Angela Merkel’s efforts to form ... More »
In the grand tradition of Britain's Boaty McBoatface, Australian authorities are christening one of the ferries crossing Sydney's world famous harbour Ferry McFerryface, but some union workers aren't amused. More »
SYDNEY (Reuters) – In the grand tradition of Britain’s Boaty McBoatface, Australian authorities are christening one of the ferries crossing Sydney’s world famous harbour Ferry McFerryface, but some union workers aren’t amused. The New South Wales state governm... More »
Sterling was flat on the day at $1.3115, nursing losses after it skidded in the previous session against a backdrop of political turmoil as British lawmakers this week debate the U.K. government's plans for leaving the European Union. More »
The dollar edged higher on Friday as an overnight spike in U.S. Treasury bond yields prompted some investors to buy the greenback after some recent heavy selling. More »
The dollar touched its highest level in nearly eight months versus the yen on Monday, supported by expectations for continued monetary policy divergence between the Federal Reserve and the Bank of Japan. More »
