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UK’s Starling Bank mulls New York IPO amid US growth plans, FT reports

(Reuters) – Starling Bank is considering a listing in New York as part of its expansion plans in the United States, the Financial Times reported on Tuesday. Reuters could not immediately verify the report. (Reporting by Surbhi Misra in Bengaluru; Editing by Mrigank Dhaniwala)

Equities rise modestly with tariffs, inflation data, earnings in focus

(Corrects word to ‘threat’ in paragraph 23) By Sinéad Carew and Nell Mackenzie NEW YORK/LONDON (Reuters) -MSCI’s global equity index edged up on Monday and longer U.S. Treasury yields ticked higher as the latest U.S. tariff threats kept investors on edge while they waited for inflation readings and the start of earnings season later in …

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UK financial watchdog rolls out new rules to boost capital markets

By Charlie Conchie LONDON (Reuters) -Britain’s financial regulator will scrap the need for most listed companies to publish lengthy prospectus documents before issuing new shares as part of its latest efforts to boost the appeal of the country’s public markets. After consulting with the industry on the plans last year, the Financial Conduct Authority said …

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UK’s Reeves to ease access to mortgages as part of finance reforms

LONDON (Reuters) -British finance minister Rachel Reeves will set out measures to ease access to mortgages on Tuesday as part of what the government says will be a major set of financial services reforms aimed at boosting the country’s slow economy. Reeves will make permanent an insurance scheme that encourages lenders to offer potentially riskier, …

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UK retail spending bounced back in June, trade body says

By David Milliken LONDON (Reuters) -British shoppers spent more freely last month as unusually hot weather boosted demand for fans and summer clothing after weak sales growth in May, though part of the increase reflected higher food prices, industry data showed on Tuesday. The British Retail Consortium – whose members are mostly larger stores – …

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Architecture software developer Nemetschek sees potential for $2.9 billion in acquisitions

By Alexander Hübner MUNICH (Reuters) -The German architecture and construction software developer Nemetschek sees potential for further acquisitions of up to 2.5 billion euros ($2.92 billion), its Chief Executive Officer Yves Padrines told Reuters on Monday. “With our balance sheet strength, and a possible capital increase if required, we would have the strength to invest …

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Irish debt office to review security protocols after losing 5 million euros in phishing attack

(Corrects second paragraph to show ISIF is a sovereign development fund, not a sovereign wealth fund) DUBLIN (Reuters) -Ireland’s National Treasury Management Agency, the state body that manages debt and the sovereign wealth fund, will review its security protocols after losing 5 million euros ($5.9 million) in a phishing attack, it said on Monday. The …

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European ports slow to install shore power ahead of 2030 deadline, study shows

(Reuters) -Most European ports are lagging in installing the shore-side electrical infrastructure needed for ships to switch from highly polluting marine fuel to cleaner electricity while docked, a new study showed on Tuesday. European Union environmental rules have set a 2030 deadline for maritime ports to install the infrastructure to provide what is known as …

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EU threatens countermeasures over US tariffs, Trump says he is open to talks

By Philip Blenkinsop and David Lawder BRUSSELS/WASHINGTON (Reuters) -The European Union on Monday accused the U.S. of resisting efforts to strike a trade deal and warned of countermeasures if no agreement is reached to avoid the punishing tariffs President Donald Trump has threatened to impose starting on August 1. Trump, meanwhile, said he was open …

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