Economy & Finance

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…]

Stock futures cling to hopes of recovery as virus cases rise

Stock futures cling to hopes of recovery as virus cases rise

Published 22/06/2020

(Reuters) - U.S. stock index futures rose on Monday on hopes of stimulus-fueled economic recovery even though sentiment remained fragile amid growing evidence of a [more…]

Global stocks shrug off fresh virus wave fears, dollar slips

Global stocks shrug off fresh virus wave fears, dollar slips

Published 22/06/2020

LONDON (Reuters) - World stocks reversed earlier losses and the dollar slid on Monday as investors shrugged off worries that rising coronavirus infections in parts [more…]

France’s Macron to visit Dutch PM Rutte to break EU budget impasse

France’s Macron to visit Dutch PM Rutte to break EU budget impasse

Published 22/06/2020

PARIS (Reuters) - Emmanuel Macron will travel to the Netherlands on Tuesday to try to break Dutch Prime Minister Mark Rutte’s resistance to the European [more…]

Japan, New Zealand discuss importance of trade for world economic recovery, economy minister Nishimura says

Japan, New Zealand discuss importance of trade for world economic recovery, economy minister Nishimura says

Published 22/06/2020

TOKYO (Reuters) - Japan’s Economy Minister Yasutoshi Nishimura on Monday discussed the importance of free trade for a world economic recovery with New Zealand’s Minister [more…]

UK factories suffer worst quarter on record, CBI says

UK factories suffer worst quarter on record, CBI says

Published 22/06/2020

LONDON (Reuters) - British industrial output recorded its biggest quarterly fall on record during the three months to June as COVID-19 heavily disrupted operations, and [more…]

Oil steadies amid increase in coronavirus cases

Oil steadies amid increase in coronavirus cases

Published 22/06/2020

LONDON (Reuters) - Oil prices were steady on Monday, supported by tighter supplies from major producers but held in check by concerns over a record [more…]

May flowers: Where the U.S. retail blooms are and are not

May flowers: Where the U.S. retail blooms are and are not

Published 17/06/2020

(Reuters) - No denying May’s $73 billion rebound in U.S. retail sales was an eye-popper and is the latest fodder to fuel the red-hot “V” [more…]