Pictet Bets Markets Are Wrong on Fed Rate Cut Timing
One of Europe’s biggest asset managers is betting markets are wrong to expect the Federal Reserve to cut
2023-05-18 17:18
The Era of Huge UK House Price Rises Is Ending, Economist Says
The age of huge UK property price increases may be coming to an end as population growth slows
2023-05-18 17:16
EDF Power Traders Lost ‘Shocking’ €480 Million as Energy Prices Surged
Electricite de France SA’s power trading business lost as much as €480 million ($519 million) during an unexpected
2023-05-18 16:50
Seed Giant Syngenta Moving Forward With Shanghai IPO, Sources Say
Syngenta Group is preparing to move forward with plans for its initial public offering, less than two months
2023-05-18 16:47
BT to Cut Up to 42% of Jobs by 2030 Following Fiber Rollout
BT Group Plc said it plans to cut its labor force, including employees and contractors, by as much
2023-05-18 15:58
Ukraine Recap: Kyiv Downs Missiles, China Envoy Meets Zelenskiy
Air defense intercepted 29 out of 30 missiles fired by Russian forces overnight, Ukraine’s army chief Valeriy Zaluzhnyi
2023-05-18 15:24
UK Energy Suppliers to Repay Customers After Overcharging
Ovo Energy Ltd. and Good Energy Ltd. will repay a combined £4 million ($4.99 million) for overcharging customers
2023-05-18 15:21
National Grid Beats Estimates as Power Networks Drive Gains
National Grid Plc posted strong full-year profit as the UK utility’s networks business grew in Britain and the
2023-05-18 14:50
EasyJet Sees Summer Boost With Fares on the Rise
EasyJet Plc said it’s benefiting from higher ticket prices heading into the peak summer season as air travel
2023-05-18 14:49
Royal Mail Plunges to £1 Billion Loss After Fight With Union
Royal Mail reported an operating loss of £1 billion ($1.25 billion) after the beleaguered delivery service endured a
2023-05-18 14:48
UK Announces Japan Chips Partnership as Fears Grow Over Taiwan
Rishi Sunak announced £18 billion ($22.5 billion) of new investment by Japanese businesses in the UK, mostly in
2023-05-18 13:51
China Envoy Meets Zelenskiy in Ukraine as Europe Tour Kicks Off
Chinese ambassador Li Hui met with Ukrainian President Volodymyr Zelenskiy this week, as Beijing kicked off a European
2023-05-18 12:59