Confidence drains from UK housing market, RICS says

LONDON (Reuters) – Expectations for activity in Britain’s housing market have dried up quickly thanks to a worsening economic outlook and rising interest rates, an industry survey showed on Thursday. The Royal Institution of Chartered Surveyors (RICS) …

UK coal mine decision delayed a second time – BBC

LONDON (Reuters) – A British government decision on whether to allow the construction of a new coal mine in Cumbria, northwest England, has been delayed for the second time in just over a month, the BBC reported on Wednesday, citing a government letter…

Stocks climb, dollar falls after inflation data

By SinĂ©ad Carew NEW YORK (Reuters) – Wall Street equities rallied and the dollar tumbled after signs of sharply decelerating U.S. inflation prompted bets that the Federal Reserve would raise interest rates at a slower pace than previously expected. Whi…

Coca-Cola bottler to detail costs of exiting Russia

By Jessica DiNapoli NEW YORK (Reuters) – Coca-Cola Co’s bottler Coca Cola HBC AG will on Thursday detail the cost of stopping production and sales of Coke in Russia, a goal that has taken five months to reach as the company used up its existing supplie…