Sterling has been buffeted for a fortnight by worries that Britain will prioritise curbing immigration over promoting trade in its divorce from the bloc, thereby gumming up labour markets, curbing foreign investment and leading to cutbacks by banks … More »

By Carol Zhong and Anshuman Daga HONG KONG/SINGAPORE (Reuters) - McDonald's Corp (MCD.N) is nearing a deal to sell 20-year franchise rights for its Singapore and Malaysia outlets to Saudi Arabia's Reza ... … More »

UK shares fell on Wednesday, slipping from 18-month highs reached in the previous session, though shares in grocer Tesco (TSCO.L) jumped after reporting strong first-half results. The blue chip FTSE 100 index (.FTSE) was down 0.4 percent at … More »

Euro zone business growth fell last month to its weakest since the beginning of 2015, according to surveys providing the latest evidence the bloc's economy is losing momentum. Businesses have reined in spending amid growing caution about the … More »

Oil rose towards $52 a barrel on Wednesday, hitting its highest since June, supported by an industry report that U.S. inventories probably fell for a fifth straight week and OPEC's deal to cut supply. The American Petroleum Institute (API) said on … More »

NEW YORK/LONDON (Reuters) - Gold slid more than 3 percent and was on track for its biggest one-day drop in nearly 15 months on Tuesday, reaching its lowest price since Britain's shock vote to leave the European Union in June, as the dollar rallied … More »

Ancient Japan may have been far more cosmopolitan than previously thought, archaeologists said Wednesday, pointing to fresh evidence of a Persian official working in the former capital Nara more than 1,000 years ago. Present-day Iran and Japan were … More »

With businesses fretting over political uncertainties, including the potential impact of Britain's exit from the European Union, economic growth in the 19-country eurozone has lost some momentum, a closely ... … More »

Three children were among at least 19 civilians killed in an air strike on a village held by the Islamic State group in northern Syria on Wednesday, a monitor said. The Syrian Observatory for Human Rights said it was unclear whether the strike was … More »

Britain's financial industry could lose up to 38 billion pounds in revenue in a so-called 'hard Brexit' that would leave it with restricted access to the European Union's single market, according to a report commissioned by an industry group. If … More »

Samsung's drug-manufacturing unit plans to raise as much as $2.0 billion in November with what looks set to be South Korea's third-largest initial public offering (IPO). Samsung Biologics, a contract manufacturer of biotech drugs for global … More »

The prospect of the European Central Bank eventually winding down its bond-buying stimulus programme rattled investors on Wednesday, dragging stocks lower in Europe and Asia and pushing up government bond yields. Hawkish comments from Federal … More »