×

Europe Top News and Analysis United Kingdom

  • LONDON, Feb 24- Sterling slipped from a 2- week high to the dollar on Friday but was still on track for its strongest week since January as concerns about politics in the United States and Europe took investors' focus off immediate Brexit worries. A number of major banks have predicted another round of selling of sterling if talks on leaving the European Union get...

  • LONDON, Feb 24- Sterling slipped from a 2- week high to the dollar on Friday but was still on track for its strongest week since January as concerns about politics in the United States and Europe took investors' focus off immediate Brexit worries. A number of major banks have predicted another round of selling of sterling if talks on leaving the European Union get...

  • *Pretax statutory profit $409 mln tops $366 mln consensus. *$215 mln loss from stake in Indonesia bank unit. LONDON/ HONG KONG, Feb 24- Standard Chartered shares fell by 3 percent on Friday as the lender returned to profit but held off on paying a dividend as it grapples with costs from Chief Executive Bill Winters's restructuring program.

  • LONDON, Feb 24- The dollar slipped on Friday and was set for its first week of falls in three, after the new U.S. finance chief poured a little cold water on the "Trumpflation trade" that had taken the greenback to 14- year highs earlier this year. Treasury Secretary Steven Mnuchin said on Thursday that any steps that U.S. "Mnuchin's comments were less belligerently...

  • LONDON, Feb 24- The dollar slipped on Friday and was set for its first week of falls in three, after the new U.S. finance chief poured a little cold water on the "Trumpflation trade" that had taken the greenback to 14- year highs earlier this year. Treasury Secretary Steven Mnuchin said on Thursday that any steps that U.S. "Mnuchin's comments were less belligerently...

  • LONDON, Feb 24- The dollar slipped on Friday and was set for its first week of falls in three, after the new U.S. finance chief poured a little cold water on the "Trumpflation trade" that had taken the greenback to 14- year highs earlier this year. Treasury Secretary Steven Mnuchin said on Thursday that any steps that U.S. "Mnuchin's comments were less belligerently...

  • LONDON, Feb 24- The dollar slipped on Friday and was set for its first week of falls in three, after the new U.S. finance chief poured a little cold water on the "Trumpflation trade" that had taken the greenback to 14- year highs earlier this year. Treasury Secretary Steven Mnuchin said on Thursday that any steps that U.S. "Mnuchin's comments were less belligerently...

  • LONDON, Feb 24- Royal Bank of Scotland reported a sharp rise in losses on Friday as higher misconduct charges and restructuring costs underscored the challenges facing the lender nine years after it was bailed out in the world's biggest bank rescue. "This is a strong core bank getting masked by all the sins of the past," Chief Executive Ross McEwan said on a...

  • LONDON— Royal Bank of Scotland's fourth-quarter loss jumped 62 percent as the taxpayer-owned bank set aside more than 4 billion pounds to cover the costs of misconduct during the financial crisis and targeted a return to profitability in 2018.. "The bottom line loss we have reported today is, of course, disappointing but given the scale of the legacy issues we...

  • *Posts annual loss of 7 billion pounds. LONDON, Feb 24- Royal Bank of Scotland reported a sharp rise in losses on Friday as higher misconduct charges and restructuring costs underscored the challenges facing the lender nine years after it was bailed out in the world's biggest bank rescue. But the next three years will not be the same as the past three, "Chief...

  • CHERRY HILL, N.J.— New Jersey regulators are set to vote on whether a natural gas pipeline should run through the state's federally protected Pinelands region, which includes more than a million acres of farms, forests and wetlands. The Pinelands Commission is expected to make a final determination Friday morning on the proposal that has touched off a classic...

  • A stronger yen weighed on Japan's exporters. ASIA'S DAY: Japan's benchmark Nikkei 225 edged 0.5 percent lower to finish at 19,283.54, while South Korea's Kospi fell 0.6 percent to 2,094.12. TRUMP WORRIES: President Donald Trump's stance on trade has unnerved many in Asia, as he has repeatedly accused countries like China and Japan of unfair competition and...

  • Conservative Party candidate Trudy Harrison arrives with her husband Keith ahead of the announcement of the results of the Copeland by-election on February 24, 2017 in Whitehaven, England.

    Britain's opposition Labour Party and the populist UK Independence Party suffered damaging defeats at separate parliamentary by-elections.

  • Offshore production from the Gulf of Mexico accounted for more than half the total gain, adding an extra 175,000 bpd, with output from Alaskas North Slope also up 61,000 bpd. However, production increases were also reported from onshore predominantly shale plays in North Dakota, Oklahoma, New Mexico and Texas. Production from the contiguous United States...

  • NORMAN, United States- Dallas Fed President Robert Kaplan to participate in a moderated Q&A session before the University of Oklahoma Price College of Business Distinguished Speaker Series- 1600 GMT. TOKYO- Bank Of Japan Executive Director Shigehiro Kuwabara to attend the Third FinTech Forum. SANTA CRUZ, United States- San Francisco Fed President John...

  • NORMAN, United States- Dallas Fed President Robert Kaplan to participate in a moderated Q&A session before the University of Oklahoma Price College of Business Distinguished Speaker Series- 1600 GMT. TOKYO- Bank Of Japan Executive Director Shigehiro Kuwabara to attend the Third FinTech Forum. SANTA CRUZ, United States- San Francisco Fed President John...

  • BRUSSELS— The head of the European Union's executive commission says he does not want a "hard border" between Northern Ireland and member state Ireland once Britain has broken away from the bloc. Once the divorce proceedings are complete, possibly sometimes in 2019, the EU could in theory have a hard border with the U.K. through Ireland. Northern Ireland is part of...

  • *OPEC/ non- OPEC show 86 pct compliance with cuts in Jan- sources. NEW YORK, Feb 23- Oil prices rose on Thursday but gains were pared after U.S. government data showed a seventh straight build in crude stocks, suggesting high inventories could undermine OPEC's move to cut output. OPEC and producers including Russia aim to cut production by around 1.8 million barrels...

  • NEW YORK, Feb 23- Stock prices climbed to record highs worldwide for a third straight session on Thursday, propelled by an oil rally after a surprise drop in U.S. crude inventories and comments from U.S. Treasury and euro zone government bond yields declined as European Central Bank policymakers also signalled they were not getting carried away by signs the euro...

  • *Eyes still on French politics as poll shows Le Pen gains. The dollar fell as much as 0.6 percent against the yen to a two-week low of 112.55 yen, while the euro rose as much as 0.4 percent against the dollar to $1.0595. Treasury Secretary Steven Mnuchin told Fox Business Network that any policy steps the Trump administration takes would likely have a limited impact...