Reuters UK

(Reuters) – British fund manager Jupiter said on Friday it is planning to scrap about a quarter of its product range as the struggling investment house restructures its operations. The group is closing, merging or repositioning about a third of its fun…

By Andrew MacAskill and Kylie MacLellan LONDON (Reuters) -British minister Penny Mordaunt on Friday launched her bid to replace Liz Truss as prime minister, becoming the first Conservative lawmaker to formally announce they are running. Mordaunt, 49, h…

MILAN (Reuters) – Two children were found dead and a woman was still missing following the rescue of migrants from a boat off the southern coast of Italy on Friday, the coastguard said in a statement. Some 38 migrants were taken from the boat and trans…

By Laila Kearney NEW YORK (Reuters) -Oil prices toggled between negative and positive territory on Friday as hopes of stronger Chinese demand and output cuts by OPEC+ contended with concern about a global economic downturn and the impact of interest ra…

BERLIN (Reuters) – Western Balkan ministers are set to agree on Friday on visa-free travel between the six countries and on mutual recognition of university diplomas and professional qualifications, taking a step towards EU membership. “These three agr…

By Noah Browning, Dmitry Zhdannikov and Jonathan Saul LONDON (Reuters) -Russia can access enough tankers to ship most of its oil beyond the reach of a new G7 price cap, industry players and a U.S. official told Reuters, underscoring the limits of the m…

By Kate Holton LONDON (Reuters) – A fast-tracked Conservative Party leadership election is underway to replace Liz Truss, who said on Thursday she would resign just six weeks after being appointed as British prime minister. That contest will be complet…

By Nell Mackenzie (Reuters) – Investors have been adding to bets that Credit Suisse’s shares still have further to fall after a social media storm forced a fresh look at the Swiss lender’s problems. A four-fold increase in the amount of the bank’s stoc…

LONDON (Reuters) -The London Stock Exchange Group reported a 16.2% rise in third-quarter income on Friday and made no changes to its guidance or targets. Income of 1.905 billion pounds ($2.13 billion) beat a consensus forecast from analysts of 1.881 bi…

(Reuters) – Garden equipment and tools maker Husqvarna on Friday reported third-quarter operating profit well below market expectations and said it would restructure its business and cut 1,000 jobs. The Swedish company reported a 40% drop in its quarte…