Tuesday, Jan 16


BP Deepwater Horizon costs balloon to $65 billion

LONDON (Reuters) - BP said on Tuesday it would take a new charge over the 2010 Deepwater Horizon spill after again raising estimates for outstanding claims, lifting total costs to around $65 billion.


Inflation falls back for first time since June as Brexit hit wanes

LONDON (Reuters) - British inflation eased off its post-Brexit vote high in December, official data showed on Tuesday, suggesting the financial squeeze on many households could be about to get a little bit easier. Shoppers cross the street…

Monday, Jan 15


Sunken oil ship leaves 10-mile slick in East China Sea

Reuters / World

Officials and local media say a burning Iranian oil tanker that sank in the East China Sea has produced a 10-mile long oil slick as black smoke continues to billow from the site, in the worst oil ship disaster in decades.


Trade options for UK financial services after Brexit

Reuters / UK / Markets

LONDON (Reuters) - A stand-off between Britain and the European Union over the future of London’s vast financial services industry is shaping up as one of the key Brexit battlegrounds of this year. EU trade negotiator Michel Barnier has…


At port in northern France, Brexit occupies minds and looms over planning

CALAIS, France (Reuters) - With construction underway, Jean-Marc Puissesseau may have to rework an 800 million euro (£712 million) project to double the capacity of Calais' port because of Britain's exit from the European Union. FILE PHOTO…


UPDATE 4-UK government seeks to limit damage after Carillion collapses

Reuters / UK / Markets

LONDON (Reuters) - Britain's Carillion collapsed on Monday after its banks lost faith in the construction and services company, forcing the government to step in to guarantee major public works contracts.


Britain's Carillion collapses as banks refuse to lend it any more money

LONDON (Reuters) - British construction and services company Carillion collapsed on Monday when banks refused to lend it any more money, throwing hundreds of major projects in doubt and bringing down one of the government's most important…


Asia shares hit historic highs, dollar slips anew

Reuters / Markets

SYDNEY (Reuters) - Asian shares hit historic highs on Monday after Wall Street extended its record-breaking run, while the U.S. dollar retreat continued as investors priced in the risk of tighter policies elsewhere in the developed world.


London home-sellers cut prices by most since 2009 - Rightmove

Reuters / UK / Markets

LONDON (Reuters) - The prices that London home-sellers are seeking for their properties fell by the most since the financial crisis this month, at a time when prices in most of the rest of Britain are rising, industry figures showed on…

Sunday, Jan 14


Britain's Carillion collapses after banks pull the plug

LONDON (Reuters) - Carillion collapsed on Monday when its banks pulled the plug, triggering Britain’s biggest corporate failure in a decade and forcing the government to step in to guarantee public services from school meals to roadworks.…


Burning Iranian oil tanker sinks

Reuters / World

An Iranian oil tanker has sunk after burning for more than a week following a collision in the East China Sea, according to Chinese state media.

Saturday, Jan 13


Exclusive: Current and former Uber security staffers cast doubt on spying claims


SAN FRANCISCO (Reuters) - The former security chief of Uber Technologies Inc. swore in a closed legal proceeding that he knew of no attempts to steal trade secrets from anyone, including Alphabet Inc's self-driving unit Waymo, and would be…

Friday, Jan 12


Facebook changes News Feed, investors click on 'sad'

Reuters / Technology

(Reuters) - Shares of Facebook Inc fell more than 4 percent on Friday and were on track for their worst session in more than three months after Chief Executive Mark Zuckerberg announced changes that he said would hit user engagement in the…


Dollar under pressure, euro bolstered by hawkish ECB minutes

Reuters / UK / Markets

TOKYO (Reuters) - The dollar slumped against rivals on Friday on the back of weak factory inflation data, while the euro enjoyed solid support after the European Central Bank hinted that it could be gearing up to trim its massive monetary…

Thursday, Jan 11



France blames Lactalis, retailers in deepening baby food scare

PARIS (Reuters) - France, seeking to limit reputational damage to its agri-business industry, threatened on Thursday to impose sanctions after the country's big supermarkets said recalled baby foods made by Lactalis had still found their…


Too hot to handle? Shell's Gaza gas field sale hits problems

Reuters / UK / Markets

LONDON (Reuters) - It may prove to be Royal Dutch Shell’s hardest sell. The Anglo-Dutch group is struggling to find a buyer for its gas field off the Gaza Strip, even among energy companies long used to dealing with projects fraught with…


UPDATE 3-Tesco's Christmas tarnished by poor sales of DVDs and games

UK like-for-like sales in six weeks to Christmas up 1.9


Global Markets: Asian shares weaken on trade worries, bonds recover as China rebuts report, bitcoin slumps

Reuters / Finance

TOKYO (Reuters) - The New Year rally in Asian shares petered out on Thursday due to concerns about rising U.S. protectionism, while bonds rebounded after China's regulator said a report about Beijing slowing or halting of its U.S. bond…

Wednesday, Jan 10


Ford sued by truck owners alleging diesel emissions cheating


DETROIT (Reuters) - Ford Motor Co installed software that enabled its F-250 and F-350 Super Duty trucks to cheat at passing federal emissions tests, according to a lawsuit by truck owners filed on Wednesday, a claim the No. 2 U.S.…


China may be mulling Treasuries slowdown, but options limited

LONDON/WASHINGTON (Reuters) - Chinese officials reviewing the country’s vast foreign exchange holdings have recommended slowing or halting purchases of U.S. Treasury bonds amid a less attractive market for them and rising U.S.-China trade…


General merchandise warning overshadows Sainsbury's Christmas sales beat

LONDON (Reuters) - British supermarket group Sainsbury's cautioned on Wednesday that the market for general merchandise and clothing would be tough in 2018, taking the shine off a slight upgrade to its forecast for annual profit. FILE…

UK business minister meets Peugeot CEO after Vauxhall plant job cuts - source

LONDON (Reuters) - Britain's business minister Greg Clark is meeting Peugeot Chief Executive Carlos Tavares on Wednesday in Paris to discuss the firm's Vauxhall car plant, a source told Reuters after the firm announced job cuts, raising…


UK industry on track to have boosted economy in fourth quarter 2017

Reuters / UK / Markets

LONDON (Reuters) - British industrial output looks set to make a strong contribution to economic growth in the final months of 2017 but construction is likely to drag, official data showed on Wednesday. Economic growth slowed in the first…


GLOBAL MARKETS-Asian shares step back from 2007 peak, oil at 3-year high

Reuters / Finance

TOKYO (Reuters) - Asian shares flinched from testing their 2007 record peak on Wednesday, as investors booked profits in high-tech shares while oil prices hit three-year highs due to production cuts and a fall in inventories.

Tuesday, Jan 9


UPDATE 3-Morrisons, Tesco and discounters stand out in Christmas battle

Squeezed UK shoppers focus on food, drink over Christmas

Monday, Jan 8


Despite Brexit, EU eyes bigger budget

BRUSSELS (Reuters) - The EU executive called on Monday for an expanded budget to cover more spending on defence, security and controlling migration despite the upcoming departure of Britain, one of the bloc's main paymasters. European…


Jaguar Land Rover warns on UK outlook after record 2017 global sales

LONDON (Reuters) - Jaguar Land Rover's sales rose 7 percent to a record 621,109 vehicles in 2017 but Britain's biggest carmaker said it faced tough conditions in its home market due to weakening consumer confidence and a planned diesel tax…

Friday, Jan 5


GRAPHIC-Take Five: World markets themes for the week ahead

LONDON, Jan 5 (Reuters) - Following are five big themes


Analysis: Coal dwarfs battery metals in mining deals despite war on pollution

LONDON (Reuters) - Coal and iron ore dominated mining takeovers in 2017, Thomson Reuters data shows, with buyers favouring the heavily polluting devil they know over the uncertainties of a battery-powered future.