By Andrew MacAskill and Michael Holden LONDON (Reuters) -The British government said on Thursday it had frozen assets worth more than 18 billion pounds ($20.5 billion) held by Russian oligarchs, other individuals and businesses sanctioned over Moscow’s…
France’s Orpea defends strategy after two investors oppose debt plan
PARIS (Reuters) – France’s Orpea on Thursday defended its strategy and financial communication after two minority shareholders opposed to its planned debt restructuring plan called for a shareholders meeting at the care homes group. Family-owned Mat Im…
Wall St surges, dollar tumbles as easing inflation fuels Fed abatement hopes
By Stephen Culp NEW YORK (Reuters) – U.S. stocks jumped, the dollar slid and Treasury yields dropped on Thursday as cooler-than-expected inflation data suggested the Federal Reserve’s barrage of interest rate hikes are beginning to have their intended …
Ukrainian troops reclaim dozens of towns from Russian control, close in on Kherson
By Tom Balmforth, Max Hunder and Jonathan Landay KYIV/FRONTLINE NORTH OF KHERSON, Ukraine (Reuters) -Ukrainian troops have reclaimed dozens of landmine-littered settlements abandoned by Russian forces in southern Ukraine, officials said, the day after …
Oil steadies as traders await direction from U.S. inflation data
By Sonali Paul and Muyu Xu MELBOURNE (Reuters) -Oil prices steadied on Thursday after falling for three days as the impact of renewed COVID curbs in China, the world’s biggest crude importer, weighed and traders await U.S. inflation data that may give …
UK hiring falls as political upheaval adds to employers’ worries
By Suban Abdulla LONDON (Reuters) – British employers cut their hiring of permanent staff via recruitment firms for the first time in nearly two years in October as the country’s political upheaval added to concerns about the economy, a survey showed o…
UK asset managers urge company bosses to show restraint on pay hikes
By Huw Jones LONDON (Reuters) – Britain’s asset managers have called on company bosses to steer clear of inflation-busting pay rises as the country grapples with a cost-of-living crisis. The Investment Association, whose 250 members manage assets worth…
Oil prices plunge 3% on U.S. inventory build, China COVID worries
By Laila Kearney NEW YORK (Reuters) – Oil prices sank by roughly $3 a barrel on Wednesday after industry data showed that U.S. crude stockpiles rose more than expected and on concerns that a rebound in COVID-19 cases in top importer China would hurt fu…
Analysis-Abortion, Trump dashed Republican hopes for ‘red wave’
By James Oliphant WASHINGTON (Reuters) -When Michele and Matthew Nielsen voted in the U.S. midterm elections in Georgia, concerns about the economy did not dictate their choices. They wanted to protect abortion rights and stop candidates beholden to Re…
Iran offers nothing new in latest meeting, UN nuclear watchdog says
SHARM EL-SHEIKH, Egypt (Reuters) – The head of the U.N.’s nuclear watchdog on Wednesday said Iran did not offer anything new during a recent meeting in Vienna about its nuclear program, but added that talks would continue in the coming weeks. Tehran ha…