Reuters UK Business

By Vladimir Soldatkin MOSCOW (Reuters) -Russian President Vladimir Putin has ordered the government to provide state funds to ensure a smooth heating season, including the introduction of regulated prices for fuel oil supplied for household heating in some regions, the Kremlin said on Thursday. Russia has been tackling shortages and high fuel prices in recent …

Putin orders regulated prices for fuel oil, Russia’s export ban stays Read More »

By Sruthi Shankar (Reuters) -European shares regained some poise on Thursday after a three-day selloff, as retreating government bond yields and an overnight slump in oil prices relieved some pressure on equity investors. The STOXX 600 index was up 0.3% by 0842 GMT, after closing at a six-month low on Wednesday. Global equities took a …

European stocks recover slightly as bond selloff eases Read More »

By Nick Carey LONDON (Reuters) – Fast-growing UK startup Motorway has taken an asset-light, eBay-like online marketplace approach for consumers to sell used cars directly to dealers, a model the company hopes to expand to other countries and eventually lead to a public listing. “We definitely have global ambitions,” Motorway CEO Tom Leathes told Reuters. …

UK’s Motorway takes eBay approach for consumers to sell cars to dealers Read More »

LONDON (Reuters) – British companies over the last three months cut expectations for selling price increases but forecasts for wage growth stayed high, according to a Bank of England survey that painted a mixed picture of inflationary pressure. Thursday’s BoE Decision Maker Panel showed businesses surveyed in the three months to September expected selling prices …

UK firms see prices rising more slowly, wage growth robust: BoE Read More »

By David Milliken LONDON (Reuters) – Britain’s construction industry saw the biggest slide in activity in more than three years last month, as higher interest rates led to one of the sharpest falls in house-building since the 2008-09 recession, a survey showed on Thursday. The S&P Global/CIPS UK construction Purchasing Managers’ Index (PMI) tumbled to …

House-building slump brings biggest UK construction fall since 2020-PMI Read More »

By Tim Hepher PARIS (Reuters) -Jet engine maker CFM International said on Wednesday the number of engines suspected of containing falsely documented parts from a UK distributor had risen to 126, including 16 inside its own workshops after it inadvertently bought them indirectly. CFM, owned by GE Aerospace and France’s Safran, issued the status report …

Jet engine maker CFM says suspect parts reached its own repair shops Read More »