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Confidence of UK consumers falls towards post-Brexit vote low

LONDON Confidence among British consumers fell in November to its lowest level since just after voters decided in June to leave the European Union as worries about the economy grew, a survey showed on Wednesday.

Recent Business News

Europe on track for record tech investments this year - Atomico

HELSINKI/FRANKFURT Europe's tech sector is on track for a record level of investments this year but poor access to late-stage capital is keeping it from creating independent tech "gorillas", one of the region's most active investors said.

12:06am GMT

As OPEC price hike looms, Asia's big oil buyers may shop elsewhere

SINGAPORE/TOKYO For the first time since 2008, OPEC is set to strike a deal to cut oil output that may boost prices. It may also give itself a bloody nose in Asia, where big buyers are ramping up supplies from elsewhere and say they don't want to pay more for fuel.

12:48am GMT

Pilot strikes have cost Lufthansa 75 million euros so far - Bild

FRANKFURT Walkouts by Lufthansa pilots have cost the airline 75 million euros (63.92 million pounds) so far, German Bild newspaper reported on Wednesday, citing company and pilots union sources.

Aerospace & Defence 29 Nov 2016

Monte dei Paschi pins hopes on anchor investor deal this weekend

MILAN Monte dei Paschi <BMPS.MI > is in a race against time to secure a commitment from a cornerstone investor by the weekend before tapping the market for much-needed funds, CFO Francesco Mele said on Tuesday.

29 Nov 2016

New Zealand's central bank chief warns on global protectionism

WELLINGTON Britain's exit from the European Union and the victory of President-elect Donald Trump in the United States has led to a number of uncertainties for global free trade, the Reserve Bank of New Zealand's governor said on Wednesday.

12:54am GMT
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