Reuters UK Business

LONDON (Reuters) – British Prime Minister Keir Starmer has asked the country’s regulators, including the financial and competition watchdogs, to remove barriers to growth in an effort to revive a sluggish economy, Sky News reported on Saturday. Starmer wrote to more than ten regulators – including the Financial Conduct Authority, the Competition and Markets Authority …

UK’s Starmer asks regulators to prioritise economic growth, Sky reports Read More »

(Reuters) -The next interest rate cut by the European Central Bank could be longer in coming after a recent uptick in inflation, ECB Governing Council member Robert Holzmann was quoted as saying on Saturday. “I don’t see any interest rate hikes at the moment. What could happen, though, is that one takes more time until …

Next ECB rate cut could be longer in coming, Holzmann says Read More »

MOSCOW (Reuters) – Growth in Russia’s services sector eased to a three-month low in December, as demand softened and cost pressures intensified, S&P Global reported on Saturday. The S&P Global Russia Services PMI Business Activity Index fell to 51.2 in December from 53.2 in November, marking the sixth consecutive month of expansion but at a …

Russian services sector growth slows in December, PMI shows Read More »

By Nicole Jao NEW YORK (Reuters) -BP’s 435,000-barrel-per-day (bpd) Whiting, Indiana, refinery was operating normally following a leak from a pipeline that transports liquid material, the company said. On Thursday, the refinery experienced a leak from a pipeline within the tank field, a company spokesperson said. A liquid was released and may have resulted in …

BP says Whiting, Indiana refinery operations normal following leak Read More »

PRAGUE (Reuters) -Slovakia will consider reciprocal measures against Ukraine such as halting back-up electricity supplies after Jan. 1 if Kyiv, as expected, stops the transit of Russian gas to Slovakia, Prime Minister Robert Fico said on Friday. Slovakia has been trying to preserve Russian gas deliveries via Ukraine in 2025 although Kyiv has refused to …

Slovakia to consider reciprocal measures if Ukraine stops Russian gas transit, Fico says Read More »

(Reuters) -Britain’s benchmark FTSE 100 inched higher on Friday as gains in energy stocks were capped by losses in miners, while both indexes clocked gains for the holiday-shortened week. The blue-chip FTSE 100 was up 0.2%, for a 0.7% weekly gain, its best in five weeks. The midcap FTSE 250 was down 0.4%, but clocked …

UK’s FTSE 100 logs biggest weekly gain in 5 weeks Read More »