Sterling falls to 21-month low vs dollar amid growth worries

Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company’s headquarters in Vienna, Austria, November 16, 2017. REUTERS/Leonhard Foeger Register now for FREE unlimited access to Reuters.com Register LONDON, April 26 (Reuters) – Sterling held near its lowest levels since 2020 on Tuesday against a broadly firm dollar, with … Read more

UK’s Johnson says Putin has room to withdraw from Ukraine

LONDON, April 26 (Reuters) – British Prime Minister Boris Johnson said on Tuesday he did not expect any further Russian military failures in Ukraine to push President Vladimir Putin into using tactical nuclear weapons there, saying he had room to maneuver and end the conflict. Asked by Talk TV if he expected Putin to consider … Read more

Oil slumps 4% as Shanghai lockdowns stoke demand fears

Pump jacks operate at sunset in Midland, Texas US February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford/File Photo Register now for FREE unlimited access to Reuters.com Register Shanghai COVID lockdowns drag into fourth week EU considers ‘smart sanctions’ on Russian oil -media US dollar hits two-year high on potential interest rate rise NEW … Read more

Britain to cut Ukraine tariffs to zero to help its economy

LONDON, April 25 (Reuters) – All tariffs on goods coming to Britain from Ukraine under an existing free trade deal will be axed to help the Ukrainian economy, the British government announced on Monday. London said tariffs would be reduced to zero and all quotas removed following a direct request from Ukraine’s President Volodymyr Zelenskiy, … Read more

Putin accuses West of ‘terror’, tells prosecutors to be tough

Russian President Vladimir Putin attends the Orthodox Easter service at the Cathedral of Christ the Savior in Moscow, Russia April 23, 2022. Picture taken April 23, 2022. Sputnik/Sergei Fadeichev/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register Putin says West is trying to destroy Russia from within Western-backed assassins tried to kill … Read more

Britain moves ahead with mandatory climate plans for companies

LONDON, April 25 (Reuters) – Britain unveiled a new taskforce on Monday to write rules forcing financial firms and listed companies to publish plans from next year for transitioning to a net zero economy by 2050. Last November at the COP26 UN Climate Summit, British finance minister Rishi Sunak said companies would have to publish … Read more

Gold marks weekly dip on looming rate hikes, dollar rally

Spot gold hits two-week trough Silver on track for biggest weekly drop since late January April 22 (Reuters) – Gold fell 1% on Friday and was set for its biggest weekly decline since mid-March as signs of faster policy tightening by the Federal Reserve lifted Treasury yields and the dollar. Spot gold was down 0.9% … Read more