GO
Loading...

Enter multiple symbols separated by commas

United Kingdom

More

  • LONDON, July 7- Tom Hayes, the first person to face trial by jury over allegations he conspired to rig global Libor interest rates, told a London court on Tuesday he had not acted dishonestly and just wanted to do his job as "perfectly as he could". Taking the stand for the first time in the high-profile trial at Southwark Crown Court, the 35- year-old former UBS and...

  • *China stock markets fall again. *Concern about Greece dogs oil market. NEW YORK, July 7- U.S. crude resumed its decline on Tuesday, sinking for a second straight day as investors fled to safe havens on worries about a near-bankrupt Greece and China's stock market losses, with technical selling threatening to push oil into a bear market.

  • *U.S. stocks fall, MSCI world index down 0.8 pct. NEW YORK, July 7- Global equity markets fell on Tuesday and the euro hit a five-week low against the dollar as euro zone leaders held an emergency summit to discuss Greece's future in the currency bloc, while commodities sold off on China demand worries. Copper prices dropped to a six-year low following the dollar's...

  • *Iran deal could come in next 48 hours. LONDON, July 7- Iran, the United States and five other major powers are trying to reach an agreement to restrain the Iranian nuclear programme in exchange for relief from economic sanctions. Richard Nephew, Program Director at the Center for Global Energy Policy at Columbia University, in New York, said he thought...

  • RIO DE JANEIRO, July 7- Concerns that Brazil may lose its coveted investment grade credit rating are again on the rise among government officials and investors who worry that President Dilma Rousseff's austerity push won't fully offset plunging government revenues. As Brazil prepares for a crucial ratings review by Moody's Investors Service in the third...

  • PARIS— Diners in Paris are flashing back— and forward— to the era of the automat, but this time with a nod to organic farming. Today, entrepreneurs in France and Scotland are appropriating the concept that once symbolized modernity to help customers get back to the land. Joseph Petit employs no staff at his two Paris stores.

  • *China stock markets fall again, Greece fights to stay in euro. NEW YORK, July 7- U.S. crude tumbled about 2 percent on Tuesday, sinking for a second straight day as investors fled to safe havens on worries about a near-bankrupt Greece and China's stock market losses and as technical selling threatened to push oil into a bear market. U.S. crude was down $1.15, or 2.2...

  • NEW YORK, July 7- Equity markets around the world fell while the euro slid to a five-week low against the dollar on Tuesday amid concerns over Greece's future as euro zone leaders were set to meet for an emergency summit on the country's debt crisis. "Markets seem to be losing patience and faith in the Athens' debt crisis ending with Greece's banks intact and the...

  • LONDON/ ATHENS, July 7- The cash economy emerging after the closure of Greece's banks is beginning to paralyze the country's vital olive oil industry as farmers demand cash for supplies that distributors are unable to pay. With the country's lenders at risk of default, Greece's half a million olive growers, many of them small family businesses, fear the banks will...

  • FRANKFURT/ BERLIN, July 7- Germany's top TV broadcaster and the country's biggest newspaper publisher are again testing the waters for a potential merger that would need to negotiate the same regulatory hurdles that derailed a deal a decade ago. Broadcaster ProSiebenSat.1 and Axel Springer have reignited talks with the aim of consolidating their push into...

  • *China stock markets fall again, Greece fights to stay in euro. NEW YORK, July 7- U.S. crude futures tumbled 3 percent to lead the oil complex down for a second straight day on Tuesday as an investor flight to safe havens continued from worries of a Greece exit from the euro zone and China's deepening stock market losses. Iran's determination to seal a nuclear deal with...

  • It will be the first time in nearly 20 years that the Conservative Party has had a free hand to change how much Britain spends and raises in tax. Britain's pensions budget will not be cut so the axe is likely to fall on the next biggest welfare outlays which are housing benefit and tax credits to help lower-earning households. Britain's publicly funded...

  • NEW YORK, July 7- The euro dropped to a five-week low against a buoyant U.S. dollar on Tuesday, after the European Central Bank left emergency liquidity aid for Greek banks at current levels but increased the haircuts on the collateral it demands. "Markets seem to be losing patience and faith in the Athens' debt crisis ending with Greece's banks intact and the...

  • *Defendant Hayes, former UBS, Citigroup trader, takes stand. LONDON, July 7- Tom Hayes, the first person to face trial by jury over allegations he conspired to rig global Libor interest rates, told a London court on Tuesday he had not acted dishonestly and just wanted to do a good job. Taking the stand for the first time in the high-profile trial at Southwark Crown Court,...

  • *Europe shares dip as Greece summit awaited. LONDON, July 7- European stocks fell and the euro hit a five-week low against the dollar on Tuesday before a euro zone summit to discuss the Greek debt crisis, while a fall in Chinese shares reminded investors of other clouds on the horizon. Failure to reach a deal would make it more likely Greece will drop out of the euro.

  • *Tesco's Malaysia business worth 900 mln pounds- sources. KUALA LUMPUR, July 7- Japan's Aeon Co Ltd is interested in buying the Malaysian operations of Britain's Tesco PLC, valued at about 900 million pounds, people familiar with the matter told Reuters. The Japanese retailer has 28 hypermarkets in the country and plans to open 100 more stores in various formats by...

  • LONDON, July 7- Howls of anguish from currency fund managers about a lack of volatility have given way to complaints that, while big price swings in exchange rates are back, a directionless market means it is no easier to make money. Paul Lambert's currency fund at Insight Investment gained 4.7 percent in the first quarter of the year, as the dollar continued a...

  • LONDON— HSBC has fired six employees who staged a mock Islamic State group-style killing during a team-building exercise. The Sun newspaper reported Tuesday the footage posted online showed five workers wearing overalls and balaclavas laughing as a South Asian colleague wearing an orange jumpsuit knelt at their feet. HSBC says in a statement it had fired...

  • *China stock markets fall again, Greece fights to stay in euro. *Possible return of Iran oil exports weighs on forward contracts. LONDON, July 7- Oil rose on Tuesday after one of its biggest sell-offs this year but looked vulnerable to more falls after China's stock market took another tumble and Greece moved closer to leaving the euro zone.

  • LONDON, July 7- British retailer Marks& Spencer reported a dip in first-quarter underlying sales in its clothing, shoes and homeware business on Tuesday, a setback after a return to growth in the previous three months. Shares in Marks& Spencer, which also sells groceries, have risen a quarter over the last year on hopes the billions of pounds spent by Chief Executive...