Reuters UK Business

By Samuel Shen and Summer Zhen HONG KONG/SHANGHAI (Reuters) -A sharp sell-off in China stocks faded in choppy trading on Monday, allowing the market to trim early losses, as investors reassessed the impact of a renewed trade war between Washington and Beijing after taking profit to cut risks. Analysts and fund managers believe the market …

China’s stocks pare losses after early sell-off on fresh US trade war salvo Read More »

By Tim Hepher and Joanna Plucinska PARIS/LONDON (Reuters) -Global airlines face more than $11 billion in extra costs from supply chain disruption this year, a leading industry group said on Monday, in a report likely to rekindle debate over competition in the $250-billion aerospace industry. The study by the International Air Transport Association, produced with …

Airlines face $11 billion supply chain hit in 2025, IATA says Read More »

LONDON (Reuters) -Britain’s Lloyds Banking Group said on Monday it would take an additional charge of 800 million pounds ($1.1 billion) to compensate customers for the motor finance mis-selling scandal, bringing its total provision to 1.95 billion pounds. The lender, one of the biggest players in motor finance, had previously set aside about 1.15 billion …

UK’s Lloyds raises motor finance mis-selling charge by $1.1 billion Read More »

PARIS (Reuters) -The doubling of gold prices in two years, along with U.S. tariffs and a weaker dollar, have made it harder to defend gross margins for Tiffany owner LVMH and others in the high-end goods industry. “Each of these [factors] alone could be offset by the high-end branded jewellery players and watchmakers but all …

Soaring gold prices bring new headache to Tiffany-owner LVMH Read More »