UK Economy Returned to Growth ahead of Annual Budget

LONDON, Oct 11 Reuters Britain39;s economy grew in August after two consecutive months of no growth, something that will reassure finance minister Rachel Reeves ahead of the new Labour government39;s first budget. Economic output rose by 0.2 in monthly terms in August, according to figures from the Office for National Statistics that were in line […]
Read More

Europe Stocks End Lower on US Data; French Budget in Focus

BPER jumps after bumper payouts in 2027 plan Deutsche Telekom up on net revenue expectations GSK to settle Zantac lawsuits, stock up Oct 10 Reuters European shares closed lower on Thursday, with defence and industrial stocks leading losses, after data showed U.S. inflation ticked higher, while investors waited for France to unveil its 2025 budget. […]
Read More

IPOs Stage Fall Comeback in Europe

Oct 10 Reuters Initial public offerings IPOs are slowly coming back in Europe after a summer lull. Polish convenience store group Zabka39;s IPO is set to raise 6.45 billion zlotys 1.64 billion this month, while Spanish energy and water utility Cox Energy plans to raise 300 million euros 328 million. German academic publisher Springer Nature debuted in Frankfurt on […]
Read More

Oil Prices Jump 4 on US Storm and IsraelIran Fears

Hurricane Milton spurs mass fuel buying in Florida Investors remain wary of IranIsrael escalation Gulf states urge US to stop Israel from bombing Iran39;s oil sites NEW YORK, Oct 10 Reuters Oil prices jumped about 4 on Thursday on a spike in U.S. fuel use before Hurricane Milton barrelled across Florida, Middle East supply risks […]
Read More