Reuters UK

LONDON (Reuters) – Legal & General Investment Management, a significant shareholder in Capricorn Energy and Tullow Oil, said on Monday it has “strong reservations” about a proposed merger between the two companies. Tullow and Capricorn agreed an all-sh…

(Reuters) – Credit default swap indexes measuring the cost of insuring against European corporate bond defaults jumped on Monday to their highest since 2020 as markets sold off sharply after red-hot U.S. inflation data and a COVID-19 warning in China. …

LONDON (Reuters) – Sterling fell against the dollar on Monday after data showed Britain’s economy unexpectedly shrank in April, fuelling uncertainty over how fast the Bank of England can hike interest rates to tame inflation without further hurting gro…

AMSTERDAM (Reuters) – ING Groep NV, the largest Dutch bank, said on Monday its aimed to achieve 3% annual income growth for the period 2022 to 2025 as part of its mid-term financial targets. It would also target a cost/income ratio of 50-52% and a retu…

LONDON (Reuters) – London’s Heathrow Airport said on Monday that May was its busiest month since March 2020 as it dealt with 5.3 million passengers, 79% of 2019 levels. Cancelled flights, long queues and staff shortages at UK airports disrupted the tra…

LONDON (Reuters) -A large fire has ripped through a major packaging plant in central England owned by Smurfit Kappa, with a large amount of paper and cardboard bales on fire in a warehouse. West Midlands Fire Service said fire crews from across the Wes…

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The safe-haven dollar rose to a fresh four-week high against a basket of currencies on Monday, supported by fears of a global economic slowdown and bets on steep interest rate hikes by the U.S. Federal Reserve. …

By Natalia Zinets and Abdelaziz Boumzar KYIV/BAKHMUT, Ukraine (Reuters) -Russian forces tightened their grip on the eastern Ukrainian city of Sievierodonetsk on Monday, a Ukrainian official said, cutting off the last routes for evacuating citizens in a…

By Tassilo Hummel and Sudip Kar-Gupta PARIS (Reuters) -President Emmanuel Macron could lose his outright majority in France’s parliament and the ability to push through his economic reform agenda with a free hand after a strong showing by a new left-wi…

LONDON (Reuters) -Britain set out its first national food strategy on Monday, focused on increasing domestic output of some produce to boost food security while rejecting a recommendation to tackle obesity with new taxes on salt and sugar in processed …