Reuters UK

By Brenna Hughes Neghaiwi ZURICH (Reuters) – Credit Suisse is scrapping the negative interest rates it has charged wealthy Swiss clients since 2020, the lender said on Wednesday, as its economists anticipate a further rate hike in Switzerland this year…

By Amal S and Boleslaw Lasocki (Reuters) -Britain’s top share index inched lower on Wednesday, as gains in healthcare shares were seen providing little support against growing concerns about a global recession. After falling as much as 0.8%, the blue-c…

By Marwa Rashad and Isla Binnie LONDON (Reuters) – Algeria’s state oil and gas producer Sonatrach is negotiating ways to benefit from significant global gas price rises in its long-term contracts with European buyers, two sources familiar with the matt…

By Maha El Dahan, Alex Lawler and Ahmad Ghaddar LONDON (Reuters) – OPEC and OPEC+ began two days of meetings on Wednesday with sources saying a big policy change was unlikely this month. At its last gathering in early June, OPEC+ decided to raise outpu…

BERLIN (Reuters) – Germany’s finance and justice ministers presented a plan on Wednesday to make the country’s financial markets more attractive to investors and improve access to capital for start-ups and growth companies. The plan included provisions…

By Joice Alves LONDON (Reuters) – The euro steadied on Wednesday after falling to a six-day low, reacting to the release of conflicting inflation data in Germany and Spain that created a difficult backdrop for European Central Bank policymaking. The Eu…

By Sabine Siebold, Robin Emmott and Pavel Polityuk MADRID/KYIV (Reuters) – NATO on Wednesday branded Russia the most “direct threat” to allied security after Moscow’s invasion of Ukraine and vowed to modernise Kyiv’s beleaguered armed forces, saying it…

LONDON (Reuters) – Defence minister Ben Wallace said on Wednesday that Britain will need to bolster its spending on defence if it wanted to maintain a global leadership role after 2024, when his department’s current budget allocation will be reviewed. …

BERLIN (Reuters) – Technical difficulties in German air traffic control were set to cause disruptions throughout European airspace on Wednesday, the operator of Frankfurt Airport, Germany’s busiest air transport hub, said. “Thus, delays in operations a…

(Reuters) – British cleaning products maker McBride said on Wednesday its bank had waived debt covenant tests until September, as the loss-making group grapples with rising costs and supply chain challenges. The maker of Oven Pride, which has an availa…