Economic news and events


UK ministers mull fracking while seeking to phase out Russian oil

UK ministers were considering steps that could lead to a fracking rethink after committing to phasing out imports of Russian oil by the end of...

Wed, 09/03/2022 - 06:02


UPDATE: US, UK halt Russian oil imports over Ukraine invasion

The US and UK announced Tuesday they are cutting off imports of Russian oil, in the most far-reaching action yet by Western allies to punish...

Tue, 08/03/2022 - 17:27


TOP NEWS: UK to phase out Russian oil imports by end of 2022

The UK said Tuesday it would phase out Russian oil imports by the end of this year, in line with an expected announcement by the...

Tue, 08/03/2022 - 16:31


TOP NEWS SUMMARY: EU to present plans to reduce Russia gas dependence

The following is a summary of top news stories Tuesday.

----------

COMPANIES

----------

Boeing will no longer buy titanium from Russia, the company announced on...

Tue, 08/03/2022 - 10:54


LONDON BRIEFING: Greggs beats 2019 but warns on high cost pressure

High street bakery chain Greggs said Tuesday it does not expect ‘material profit progression’ in 2022 as it faces cost pressures ‘more significant’ than initial...

Tue, 08/03/2022 - 08:25


Zelensky to address UK Commons as PM continues diplomatic offensive

UK members of Parliament will hear from Ukraine President Volodymyr Zelensky about the Ukrainian plight as UK Prime Minister Boris Johnson continues his diplomatic offensive...

Tue, 08/03/2022 - 05:59


UK retail sales rise in February despite pressure on consumers

UK retail sales growth accelerated last month as fashion and homewares benefited from the easing of pandemic restrictions, according to new figures.

The latest British...

Tue, 08/03/2022 - 05:48


TOP NEWS SUMMARY: Oil nears $140 as US eyes more Russia sanctions

The following is a summary of top news stories Monday.

----------

COMPANIES

----------

American Express said Sunday it is suspending its operations in Russia and...

Mon, 07/03/2022 - 11:08


LONDON BRIEFING: Spectris pulls out of Oxford Instruments takeover bid

The global market turmoil caused by Russia's invasion of Ukraine claimed an M&A victim in London on Monday.

Spectris has called off talks with fellow...

Mon, 07/03/2022 - 08:19


TOP NEWS: UK house prices set new record high in February

UK house prices rose at their fastest annual pace since 2007 in February, the Halifax house price index showed Monday.

Monthly house price growth was...

Mon, 07/03/2022 - 08:01


Pages