Showing posts with the label Reuters UK | Lunch Break News

Reuters UK - Lunch Break News: Case grows for more Bank stimulus but not yet

LATEST NEWS Case grows for more Bank stimulus but not yet LONDON (Reuters) - The Bank of England will keep interest rates ultra-low for a 30th month at a meeting on Thursday but it would be a shock if it took further steps to stimulate growth, despite the growing risk of another recession. | Full Article ECB to signal change in policy tack 08 SEP 2011 10:41 BST FRANKFURT (Reuters) - The European Central Bank is expected to signal a change in policy direction on Thursday, halting an interest-rate rise cycle just five months after it started as the euro zone debt crisis weighs on the economy. | Full Article China to support London as offshore yuan centre 08 SEP 2011 10:50 BST LONDON (Reuters) - China will give its formal support for London to become an offshore trading centre for the yuan, a UK government official told Reuters on Thursday, a move that would boost the city's position as a major currency and commodities trading hub. |

REUTERS UK | Lunch Break News

LATEST NEWS FTSE bounces as investors look for value LONDON (Reuters) - The top share index rose on Tuesday, with commodity stocks leading the gainers as investors nervously dipped their toes back into the market looking for value in beaten-down shares. | Full Article Libyan army convoy in Niger may be Gaddafi deal 06 SEP 2011 11:35 BST TRIPOLI/AGADEZ, Niger (Reuters) - Scores of Libyan army vehicles have crossed the desert frontier into Niger in what may be a dramatic, secretly negotiated bid by Muammar Gaddafi to seek refuge in a friendly African state, military sources from France and Niger told Reuters on Tuesday. | Full Article Deutsche says Europe crisis could kill weak banks 05 SEP 2011 21:20 BST FRANKFURT (Reuters) - Europe's sovereign debt crisis will stunt bank profit for years and could kill off the weakest, Deutsche Bank Chief Executive Josef Ackermann told industry bosses, amid intense scrutiny of the sector's fin

Reuters UK | Lunch Break News: Taliban attack on British office in Kabul kills at least 9

LATEST NEWS Taliban attack on British office in Kabul kills at least 9 KABUL (Reuters) - The Taliban laid siege to a British cultural centre on Friday, killing at least nine people during an hours-long assault in what the group called a warning to London as the country celebrated 92 years of independence from British rule. | Full Article Norway mass killer to appear in court again 19 AUG 2011 10:53 BST OSLO (Reuters) - A Norwegian mass killer will make his second court appearance on Friday as relatives of the 69 people he gunned down gather on the island where they died, ahead of a national day of remembrance across the country. | Full Article Stocks routed, gold soars 19 AUG 2011 11:22 BST LONDON (Reuters) - An ugly sell-off in global stocks gathered pace on Friday, on mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlight

Reuters UK | Lunch Break News: Bank flags chance of more stimulus

LATEST NEWS Bank flags chance of more stimulus LONDON (Reuters) - The Bank of England judges the growth outlook has weakened and some policymakers raised the possibility of future quantitative easing, minutes to its June 8-9 Monetary Policy Committee meeting showed Wednesday. | Full Article Suppliers face tough power auction reforms 22 JUN 2011 11:35 BST LONDON (Reuters) - The six largest utilities face tough retail power market reforms next year which could force them to auction off more than one fifth of electricity they produce, Ofgem said on Wednesday. | Full Article Greek government battles on to avoid bankruptcy 22 JUN 2011 10:26 BST ATHENS (Reuters) - Greece's government will approve a new austerity package on Wednesday after it survived a confidence vote that was a crucial hurdle in a battle to avert the euro zone's first sovereign debt default. | Full Article Dentsply buys Astra Tech for $1.8 billion 22 JUN 20

Reuters UK | Lunch Break News: Slow growth to anchor Bank rates despite price pressure

LATEST NEWS Slow growth to anchor Bank rates despite price pressure LONDON (Reuters) - The Bank of England looks almost certain to leave rates at a record low for a 27th straight month later on Thursday, as worries about a global economic slowdown outweigh its concerns about high inflation. | Full Article Fed: U.S. default would be dangerous; Fitch may cut rating 09 JUN 2011 08:54 BST NEW YORK (Reuters) - A U.S. default would have severe reverberations in global markets, a top Federal Reserve official said just hours after Fitch Ratings warned it could slash U.S. credit ratings if the government misses bond payments. | Full Article Over 1,000 Syrians flee to Turkey in 24 hours - UNHCR 09 JUN 2011 11:11 BST GUVECCI, Turkey (Reuters) - Over a thousand Syrians have fled across the border into Turkey to escape violence in the last 24 hours and taken refuge in a tent camp there, a U.N. High Commissioner for Refugees spokesman said on Thursd

Reuters UK | Lunch Break News: Libyan leader renews ceasefire call.

LATEST NEWS Libyan leader renews ceasefire call TRIPOLI (Reuters) - Under pressure from a new round of defections, Libyan leader Muammar Gaddafi renewed a ceasefire call in talks with an African mediator but gave no sign he will heed Western-led demands that he step down. | Full Article Japan recovery takes hold, but debt downgrade looms 31 MAY 2011 11:22 BST TOKYO (Reuters) - Japan's economy offered more signs of recovery from the deadly March earthquake on Tuesday, but Moody's ratings agency warned both growth and government action may fall short of what is necessary to bring Tokyo's ballooning debt back under control. | Full Article Mladic may be extradited within 24 hours 31 MAY 2011 11:26 BST BELGRADE (Reuters) - Accused war criminal Ratko Mladic may be sent to The Hague in the next 24 hours, Serbian officials said on Tuesday, after he was allowed to go to his daughter's grave and his grandchildren visited prison