LONDON (Reuters) – Deliveroo will trial its “Deliveroo Hop” rapid grocery service with supermarket Waitrose, with a delivery-only store opening in Bermondsey, London, later this month, Waitrose said on Thursday. Waitrose has an existing partnership wit…
Oil prices fall on fears of aggressive Fed rate hike
By Arathy Somasekhar (Reuters) -Oil prices fell on Thursday despite forecasts for a steeper rise in energy demand, with crude turning negative on fears that the U.S. Federal Reserve will hike rates more aggressively than expected to fight inflation. Af…
Analysis-For euro zone bond markets, the ECB ‘put’ is some way off
By Dhara Ranasinghe and Sujata Rao LONDON (Reuters) – Worried about record-high inflation, the European Central Bank may have significantly raised the threshold where it might staunch bond market sell-offs in Italy and other weaker euro bloc countries….
UK stocks close higher on AstraZeneca, mining boost
By Shashank Nayar and Sruthi Shankar (Reuters) -Britain’s blue-chip index closed higher on Thursday, boosted by AstraZeneca’s gains following an upbeat sales forecast, while strong metal prices lifted mining stocks to their highest in more than a decad…
UK legislates for tougher Russia sanctions
LONDON (Reuters) – Britain published new legislation on Thursday broadening the scope of those linked to Russia who could be sanctioned in the event that Moscow decides to invade Ukraine. (Reporting by William James, Editing by Paul Sandle)
BoE’s Bailey sees no need for EU time limit on euro clearing access
LONDON (Reuters) – The European Union has no need to set a time limit for how long it will treat British regulation of clearing houses as being equivalent to its own, Bank of England Governor Andrew Bailey said on Thursday. Bailey told an annual dinner…
Vodafone rejects $13 billion Iliad, Apax approach for Italian business
LONDON (Reuters) -Britain’s Vodafone on Thursday rejected a preliminary approach for its Italian business from France’s Iliad and Apax Partners worth more than 11 billion euros, the first public skirmish in what could be a new wave of European telecoms…
European shares edge lower as rising yields, weak results rattle tech
By Shreyashi Sanyal and Ambar Warrick (Reuters) -European shares ended slightly lower on Thursday as rising bond yields and weak results from France’s Atos dampened the tech sector, although positive Linde and Siemens earnings along with improving tren…
In Moscow, Macron found a different, tougher Putin
By Michel Rose PARIS (Reuters) – Russian President Vladimir Putin spent much of his marathon talks with France’s Emmanuel Macron this week on the Ukraine crisis reciting grievances that date back to the end of the Cold War, two sources in the French le…
Unilever expects new Ben & Jerry’s ‘arrangement’ for Israel by year-end
By Richa Naidu and Ross Kerber LONDON / BOSTON (Reuters) – The board of Ben & Jerry’s aims to work out a “new arrangement” for sales in Israel before the end of the year, Unilever PLC’s CEO said on Thursday, after the U.S.-based independent ice cream b…