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European shares break four-day losing streak on Fed Powell’s dovish remarks

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 4, 2019. REUTERS/Staff (Reuters) – European shares rose on Thursday, breaking a four-day losing streak, after U.S. Federal Reserve Chair Jerome Read more ›

EDF Energy becomes second UK supplier to announce 10 percent price rise

FILE PHOTO: The logo of Electricite de France SA (EDF) is pictured on the facade of a building in Paris, France, August 5, 2018. Picture taken August 5, 2018. REUTERS/Regis Duvignau/File Photo LONDON (Reuters) – EDF Energy will raise its Read more ›

Iran approves anti-money laundering bill to ease foreign trade

LONDON (Reuters) – A powerful Iranian council approved an anti-money laundering bill on Saturday, state media reported, a major step towards reforms that would bring Iran into line with global norms and could facilitate foreign trade in the face of Read more ›

German digital bank N26 launches in Britain, sets sights on U.S.

LONDON (Reuters) – Berlin-based digital bank N26 launched in Britain on Thursday and will open in the United States in the first quarter of next year, its Chief Executive told Reuters. FILE PHOTO: Valentin Stalf, Founder and CEO of the Read more ›

Column: Hedge funds, smelling Brexit blood, circle sterling

LONDON (Reuters) – Hedge funds are betting big against sterling, the most since May last year. And following last week’s Brexit debacle in Salzburg, that bet will probably be even bigger now, closing in on the largest on record. FILE Read more ›

Volkswagen’s Porsche to stop offering diesel models

FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) Porsche will stop offering diesel versions of its cars, the unit said on Sunday, sharpening its focus on hybrid and battery-powered vehicles instead. A Porsche logo is pictured during the Volkswagen Group’s annual general meeting Read more ›

AstraZeneca CEO warns of medicine shortages after Brexit: Sunday Times

LONDON (Reuters) – Britain could see widespread medicine shortages if there is no deal to prevent friction at the border with the European Union after Brexit, the AstraZeneca chief executive told the Sunday Times. A sign is seen at an Read more ›