By Amal S and Boleslaw Lasocki (Reuters) -Britain’s top share index inched lower on Wednesday, as gains in healthcare shares were seen providing little support against growing concerns about a global recession. After falling as much as 0.8%, the blue-chip FTSE 100 index recouped some losses to close 0.2% lower in choppy trading. The index …
FTSE 100 retreats from two-week high on slowdown worries Read More »
By Jesús Aguado MADRID (Reuters) -Shares in BBVA fell on Wednesday, after the Spanish bank said hyperinflation accounting at its Turkish unit Garanti would erode its contribution in 2022. BBVA, which has an 86% stake in Garanti, said on Tuesday restating inflation-adjusted numbers from Jan. 1 had a negative impact of 324 million euros ($341 …
Spain’s BBVA shifts to hyperinflation accounting in Turkey, shares slide Read More »
(Reuters) -Premier Inn owner Whitbread on Wednesday named Domino’s Pizza Group chief Dominic Paul as its next chief executive officer. Paul will join the firm in early January 2023 and will succeed Alison Brittain who is set to retire at the end of the 2023 fiscal year, the company said. (Reporting by Aby Jose Koilparambil …
(Corrects to say strong rouble makes exports less competitive, removes reference to imports) MOSCOW (Reuters) – Russia could cut some state spending to channel funds for foreign currency interventions, Finance Minister Anton Siluanov said on Wednesday, as Moscow looks for ways to keep a lid on the rouble’s strengthening, which is making exports less competitive. …
Russia could cut state spending for FX interventions, says finance minister Read More »
By Paul Sandle LONDON (Reuters) -Moonpig reported lower earnings after the boost it received from the pandemic faded, but said many of the customers it had gained were continuing to buy its online cards and gifts, giving it confidence about the year ahead. The British company, which listed 16 months ago at the height of …
Moonpig delivers lower earnings as pandemic boost fades Read More »
BELFAST (Reuters) – A growing majority of voters in Northern Ireland support the region’s post-Brexit trade rules, large swathes of which the British government are currently moving to do away with, a survey showed on Wednesday. Under the Northern Ireland protocol, the British-run region effectively remained in the EU’s single market for goods as the …
Support for post-Brexit trade rules grows in Northern Ireland – poll Read More »
MOSCOW (Reuters) – Russian lender VTB’s VTB Factoring subsidiary and fintech company Lighthouse have executed the country’s first cash-backed digital financial asset transaction, the bank said on Wednesday. In February blockchain platform Atomyze Russia was legally permitted to exchange digital assets in a country whose central bank has long voiced scepticism of cryptocurrencies, citing financial …
State bank VTB, fintech firm execute Russia’s first digital asset deal Read More »
By Iain Withers LONDON (Reuters) – British bank customers were tricked out of 583 million pounds ($712 million) stolen through sophisticated fraud in 2021, up nearly 40% on the prior year, according to data published by trade body UK Finance. Lenders have been battling increasingly complex fraud schemes against their customers, as criminals target the …
MOSCOW (Reuters) – Russia’s central bank sees room for a further rate cut and will lower interest rates as inflation slows, Governor Elvira Nabiullina said on Wednesday. On the rouble, Nabiullina said the central bank would stick to its floating exchange rate policy and that emergency currency restrictions should be lifted as soon as the …
Russia will cut rates as inflation slows, says central bank governor Read More »
BRUSSELS (Reuters) – Euro zone economic sentiment fell by slightly less than expected in June as consumers and retail trade became more downbeat but spirits among industrial and services sectors improved. The European Commission’s monthly survey showed economic sentiment in the 19 countries sharing the euro slipped to 104.0 in June from 105.0 in May. …
Euro zone economic sentiment slips despite industry pick-up Read More »
