By Greta Rosen Fondahn LONDON (Reuters) – Sterling rose against the dollar and euro on Monday, as investors were on edge ahead of U.S. inflation data and the European Central Bank’s meeting later in the week. The pound was last up 0.29% against the dollar to $1.2777, after easing 0.15% on Friday. Sterling has taken …
Sterling kicks off week on the rise against dollar, euro Read More »
By Andy Bruce (Reuters) -Demand for workers in Britain collapsed last month after the new Labour government’s first budget, a survey published on Monday showed, adding to other signs of the impact of the tax increases on employers. The Recruitment and Employment Confederation trade body and accountants KPMG said their index of demand for staff …
Demand for UK workers crashes in budget aftermath, REC survey shows Read More »
LONDON (Reuters) – A British woman accused of stalking former British finance minister George Osborne and his wife for more than a year pleaded not guilty to the charges in a London court on Monday. Lydia Suffield is charged with stalking Osborne – finance minister from 2010 until 2016 – and Thea Rogers between June …
Woman denies stalking ex-UK finance minister Osborne and wife Read More »
KYIV (Reuters) – Ukraine has increased its steel production so far in 2024 by 23.1% to 7 million metric tons, data from the country’s steel producers union showed on Monday, but the possible loss of a key coking coal mine makes the outlook uncertain. Steel production has suffered since Russia’s invasion of Ukraine on Feb. …
Ukraine steel output jumps, but possible coking coal loss clouds outlook Read More »
(Reuters) – Major brokerages including Goldman Sachs, Morgan Stanley and Barclays expect the European Central bank to cut interest rates by 25 basis points at its Dec. 12 meeting, rather than a larger 50-bp move, as inflation gradually heads down. Forecasters at financial institutions also see further rate cuts in 2025. Some predict substantial cuts, …
Factbox-Major brokerages expect a quarter-point cut for ECB’s Dec meeting Read More »
AMSTERDAM (Reuters) – Dutch prosecutors said on Monday they had seized 25 kilograms (55.12 lb) of a crucial ingredient for the production of fentanyl, a synthetic opioid that can be lethal even in tiny doses. Police found the shipment of N-boc-4-piperidone, a pale powder that is a core ingredient of fentanyl, last Tuesday, prosecutors said …
Dutch seize large shipment of core fentanyl ingredient Read More »
(Reuters) -Shares in German healthcare software provider CompuGroup Medical surged 30% on Monday after the company said investor CVC Capital Partners has offered to acquire it and take it off the stock exchange. CompuGroup said CVC had offered 22 euros ($23.24) per share, which corresponds to a 51% premium to CompuGroup’s average share price over …
CVC bids for Germany’s CompuGroup Medical at 51% premium Read More »
By Parisa Hafezi DUBAI (Reuters) -Iran has opened a direct line of communication with rebels in Syria’s new leadership since its ally Bashar al-Assad was ousted, a senior Iranian official told Reuters on Monday, in an attempt to “prevent a hostile trajectory” between the countries. The lightning advance of a militia alliance spearheaded by Hayat …
(Reuters) -The UK’s Domino’s Pizza Group (DPG) has reached a new five-year agreement with its franchise partners, it said on Monday, as the fast-food chain looks to expand its store network and increase investment in its digital platform. The new Profitability and Growth Framework, which the company said had the “unanimous support” of its franchise …
UK’s Domino’s Pizza eyes digital growth with new franchise deal Read More »
MOSCOW (Reuters) -Russia’s Federal Security Service said on Monday it had detained 11 employees of an alleged global scam network which operated in the interests of a former Georgian defence minister. An internationally organised criminal group operated call centres, which, under the guise of making investment deals, committed mass fraud against citizens of the European …
Russia detains 11 employees of alleged global scam network, FSB says Read More »
