Business News

Oil prices drop on prospect of returning Libyan supplies

Oil prices drop on prospect of returning Libyan supplies

Published 30/06/2020

LONDON (Reuters) - Oil prices slipped on Tuesday amid rising COVID-19 cases and a possible return of Libyan oil production, which has been down to [more…]

Grim data keeps euro, sterling under pressure

Grim data keeps euro, sterling under pressure

Published 30/06/2020

LONDON (Reuters) - A fresh batch of grim economic data kept the euro and the pound under pressure on Tuesday as sentiment faltered amid fears [more…]

European shares pick up, dollar gains before quarter-end

European shares pick up, dollar gains before quarter-end

Published 30/06/2020

LONDON (Reuters) - European shares picked up on Tuesday after a weak start, extending the optimism of the Asian session, and oil prices steadied as [more…]

Cineworld delays U.S., UK cinema reopenings to end of July

Cineworld delays U.S., UK cinema reopenings to end of July

Published 30/06/2020

LONDON (Reuters) - Cineworld (CINE.L) on Tuesday delayed the reopening of its cinemas in the United States and Britain until the end of July, citing [more…]

Los Angeles delays movie theater reopenings after rise in coronavirus cases

Los Angeles delays movie theater reopenings after rise in coronavirus cases

Published 30/06/2020

LOS ANGELES (Reuters) - Los Angeles Mayor Eric Garcetti on Monday announced he was taking a “hard pause” on when movie theaters in the city [more…]

Spain, Ireland, Luxembourg vie for Eurogroup leadership

Spain, Ireland, Luxembourg vie for Eurogroup leadership

Published 25/06/2020

BRUSSELS/MADRID (Reuters) - Finance ministers of Spain, Ireland and Luxembourg are in the running to chair meetings of the powerful Eurogroup of euro zone finance [more…]

Euro zone data confirm tepid recovery, ECB’s Knot says

Euro zone data confirm tepid recovery, ECB’s Knot says

Published 25/06/2020

FRANKFURT (Reuters) - A string of positive economic indicators in the euro zone confirm that a recovery is on its way but the bloc may [more…]

London Stock Exchange’s Rathi to head UK financial watchdog

London Stock Exchange’s Rathi to head UK financial watchdog

Published 22/06/2020

LONDON (Reuters) - Nikhil Rathi, head of the London Stock Exchange’s UK division, has been appointed chief executive of the Financial Conduct Authority (FCA), Britain’s [more…]

Changing of guard at top German court signals de-escalation for ECB

Changing of guard at top German court signals de-escalation for ECB

Published 22/06/2020

BERLIN (Reuters) - Changes to the composition of Germany’s top court are likely to make it less confrontational towards the European Central Bank following a [more…]

Poland’s prime minister sees fast economic recovery

Poland’s prime minister sees fast economic recovery

Published 22/06/2020

WARSAW (Reuters) - Poland’s Prime Minister Mateusz Morawiecki said on Monday he expects the country’s economy to recover quickly from the damage caused by the [more…]