UK Housing Market Seen Facing Further 'Mini-Budget' Fallout

The global oil market remains tight according to Saudi Aramco, the largest oil producer in the world. And that does not bode well for a world that still relies heavily on fossil fuels. Disclaimer: We adhere to strict standards of editorial integrity to help you make decisions with confidence. All...

NEW DELHI (Reuters) - India's Gautam Adani, the school drop-out turned billionaire who rose to become Asia's richest man, faces possibly the biggest challenge of his career after a U.S. short seller cast doubts on his business practices, hammering shares in his companies and his reputation. Adani, whose home state...

BEIJING (Reuters) - China's cabinet said on Saturday it would promote a consumption recovery as the major driver of the economy and boost imports, state broadcaster CCTV reported, at a time of cooling global demand as major economies teeter on the brink of recession. At a meeting chaired by Premier...

DAKAR (Reuters) -Development partners have committed $30 billion to boost food production in Africa over the next five years, the president of the African Development Bank said on Friday at the close of a summit on food security on the continent. The continent is facing its worst food crisis ever,...

LONDON (Reuters) - Shares in Rolls-Royce fell as much as 4% on Friday after its new CEO warned staff the aerospace company, Britain's premier blue-chip engineering group, was a "burning platform". According to the Financial Times, Tufan Erginbilgic told staff at Rolls-Royce's main British site in Derby, central England, that...

LAGOS (Reuters) - Nigerian opposition presidential candidate Atiku Abubakar urged the central bank on Saturday to extend a Jan. 31 deadline to phase out old high-value banknotes, a measure many Nigerians fear will disrupt business in the cash-reliant economy. Nigerians have to turn in 1,000 ($2.17), 500 and 200 naira...

(Reuters) -Amazon.com Inc on Friday won its bid to dismiss a proposed class action claiming its strict production quotas for warehouse workers discriminate against older employees. U.S. Magistrate Judge Kandis Westmore in Oakland said the 2021 lawsuit, which alleges the online retailer's hourly quotas place older workers at a higher...