Reuters UK Business

By Maria Martinez BERLIN (Reuters) – German inflation fell more than expected in August, declining to its lowest level in more than three years and making it easier for the European Central Bank to cut interest rates in September. Inflation eased to 2.0% in August, its lowest level since June 2021, thanks to lower energy …

German inflation falls to 2.0% in August, aiding ECB rate cuts Read More »

By Balazs Koranyi (Reuters) – Euro zone inflation fell to its lowest level in three years this month, adding to the case for another European Central Bank interest rate cut in September, even if price growth is likely to rebound towards the end of the year. Inflation in the 20 countries sharing the euro slowed …

Euro zone inflation tumbles, firming up ECB rate cut bets Read More »

(Reuters) -Britain’s NatWest Group said its online banking and mobile app services were working normally after a brief outage disrupted payments on Friday. Several NatWest customers on Friday complained on social media platform X that they are unable to transfer money using the banking app. There were more than 1,000 customer complaints on Downdetector, a …

UK’s NatWest says payment issues resolved after brief outage Read More »

By Greg Bensinger SAN FRANCISCO (Reuters) – Amazon’s revamped Alexa due for release in October ahead of the U.S. holiday season will be powered primarily by Anthropic’s Claude artificial intelligence models, rather than its own AI, five people familiar with the matter told Reuters. Amazon plans to charge $5 to $10 a month for its …

Exclusive-Amazon turns to Anthropic’s Claude for Alexa AI revamp Read More »

FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp’s planned sale of its steel business is at risk over uncertainy following a leadership crisis at the unit, the German conglomerate’s works council head said on Friday. “Uncertainty among the workforce is at a maximum. Fears about the future of employees and that of the company can be felt everywhere,” said …

Thyssenkrupp works council says steel leadership crisis puts sale at risk Read More »

By Amy-Jo Crowley, Oliver Hirt and Andres Gonzalez LONDON (Reuters) – Swiss stock market operator SIX Group is weighing options for its financial information unit, including potentially merging it with another player, according to three people with knowledge of the matter. The group wants to keep a majority stake in the business and may create …

SIX Group explores options for financial information unit, sources say Read More »

By Maria Martinez BERLIN (Reuters) – The number of people out of work in Germany rose significantly less than expected in August, Federal Labour Office figures showed on Friday. The office said the number of unemployed grew by 2,000 in seasonally adjusted terms to 2.8 million. Analysts polled by Reuters had expected that figure to …

German unemployment rises less than expected in August, labour office says Read More »

By Balazs Koranyi TALLINN (Reuters) -Euro zone inflation is falling as predicted, easing the risk that further rate cuts would derail disinflation, but the European Central Bank must become increasingly cautious as rates go lower, ECB board member Isabel Schnabel said on Friday. The ECB is widely expected to cut interest rates again next month …

ECB’s Schnabel keeps door open to further rate cuts Read More »

(Reuters) – BHP Group is continuing to push ahead with the expansion of its copper smelter and refinery at Olympic Dam in South Australia, as global miners ramp up their efforts around the key metal for greener energy transition. The world’s largest miner on Friday said the government of South Australia has begun an application …

BHP moves ahead with expansion of South Australia’s Olympic Dam copper refinery Read More »