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Showing posts with the label Reuters UK - Evening News

UK recession fears grow as output weakens: Reuters UK - Evening News

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LATEST NEWS UK recession fears grow as output weakens LONDON (Reuters) - Britain's economy risks slipping back into recession after barely growing in the third quarter, a business group said on Tuesday, as data showed that manufacturers are running out of steam. | Full Article Slovak euro fund vote hits snag, seen done this week 11 OCT 2011 15:03 BST BRATISLAVA (Reuters) - A Slovak ruling party said it would abstain on Tuesday from a vote on expanding the euro zone's EFSF rescue fund, forcing the government to turn to opposition parties to push through a deal agreed by the currency bloc to contain the Greek debt crisis. | Full Article Egypt government denies report that cabinet resigned 11 OCT 2011 14:55 BST CAIRO (Reuters) - A spokesman for Egypt's interim government on Tuesday denied a report that the entire cabinet had resigned. | Full Article Civil service boss "GOD" to retire 11 OCT 2011 13:54 BST LON

IMF warns U.S., Europe could slip into recession: Reuters UK - Evening News

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LATEST NEWS IMF warns U.S., Europe could slip into recession WASHINGTON (Reuters) - Europe and the United States could slip back into recession next year unless they quickly tackle economic problems that could infect the rest of the world, the International Monetary Fund said on Tuesday. | Full Article S&P adds to euro stress with Italy cut 20 SEP 2011 15:36 BST ROME/ATHENS (Reuters) - Standard & Poor's cut Italy's credit rating on Tuesday in a surprise move that increased strains on the debt-stressed euro zone, and the International Monetary Fund said Europe's leaders were failing to act decisively enough to resolve the crisis. | Full Article Afghan peace council head killed - police 20 SEP 2011 15:35 BST KABUL (Reuters) - The head of Afghanistan's High Peace Council, former President Burhanuddin Rabbani, who had been tasked with trying to negotiate a political end to the war, was killed early on Tuesday evenin

Exclusive - Bank's Weale says risk of recession has increased: Reuters UK - Evening News

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Exclusive - Bank's Weale says risk of recession has increased LONDON (Reuters) - The outlook for the economy has worsened in recent weeks and the risk of a double-dip recession is higher than in July, Bank of England policymaker Martin Weale told Reuters on Thursday. | Full Article UBS $2 billion rogue trade suspect held in London 15 SEP 2011 14:34 BST LONDON/ZURICH (Reuters) - Swiss bank UBS said a trader had lost it around $2 billion (1.26 billion pounds) in unauthorised deals, and police in London arrested 31-year-old Kweku Adoboli in connection with the case. | Full Article Britons gloomy on economy - Reuters/Ipsos MORI 15 SEP 2011 10:01 BST LONDON (Reuters) - Britons remain gloomy about their financial prospects but the Conservative Party is seen as having the best policies to manage a struggling economy, the latest Reuters/Ipsos MORI monthly poll showed. | Full Article Exclusive - Geithner to float idea of leveraging EFSF

Reuters UK - Evening News: August inflation rise seen as no obstacle to QE

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LATEST NEWS August inflation rise seen as no obstacle to QE LONDON (Reuters) - The biggest rise in utility bills in two years and record hikes in clothing and furniture prices pushed up inflation in August, but the increase is unlikely to deter policymakers from injecting more stimulus to shore up the ailing economy. | Full Article Merkel warns on Greece as Obama voices U.S. alarm 13 SEP 2011 14:54 BST BERLIN/ROME (Reuters) - German Chancellor Angela Merkel sought on Tuesday to quash talk of an imminent Greek default as the United States voiced concern at the euro zone's inability to stem its debt crisis. | Full Article Italy under pressure as debt worries grow 13 SEP 2011 15:12 BST ROME (Reuters) - Italy had to pay record interest to sell its bonds on Tuesday as it raced to calm market fears that it was losing control of a huge public debt and could trigger a crisis that threatened the euro zone. | Full Article Taliban attack

Reuters UK - Evening News: Apple shares under pressure after Jobs resignation

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LATEST NEWS Apple shares under pressure after Jobs resignation SAN FRANCISCO/LOS ANGELES (Reuters) - Shares in Apple Inc were marked lower by investors on Thursday as the company faced a future without its founder and visionary Steve Jobs at the helm. | Full Article Libya rebels battle to root out Gaddafi diehards 25 AUG 2011 15:27 BST TRIPOLI (Reuters) - Rebel forces began to purge Tripoli's streets of diehard gunmen still loyal to fugitive Muammar Gaddafi Thursday in the final phase of the battle for the Libyan capital. | Full Article Warren Buffett to invest $5 billion in Bank of America 25 AUG 2011 15:12 BST NEW YORK/CHARLOTTE (Reuters) - Warren Buffett's Berkshire Hathaway will invest $5 billion (3 billion pounds) in Bank of America, stepping in to shore up the company in the same way he helped prop up Goldman Sachs during the financial crisis. | Full Article Europeans cut back on basics

Special Report: A Tale Of Two Europes: Reuters UK - Evening News

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LATEST NEWS Strauss-Kahn faces home hurdle as U.S. woes ease PARIS (Reuters) - Former IMF chief Dominique Strauss-Kahn inched closer on Tuesday to having U.S. sex assault charges against him dropped although a complaint of assault in France could pose a further hurdle to any political comeback. | Full Article Bombardier to cut 1,400 jobs in UK 05 JUL 2011 14:01 BST LONDON (Reuters) - Canadian train maker Bombardier is cutting more than 1,400 jobs at its plant in Derby, central England, after losing out to German group Siemens in a competition to upgrade rolling stock on the Thameslink cross-London railway. | Full Article Special report - A tale of two Europes 05 JUL 2011 14:11 BST THEBES, Greece/STUTTGART, Germany (Reuters) - Petzetakis likes to call itself the first Greek multinational. The company began making plastic pipes and hoses in the early 1960s and grew steadily over the next couple of decades, opening a plant in Portugal and