European shares advanced on Wednesday, buoyed by hopes of less aggressive interest rate hikes, while insurer Direct Line fell sharply after scrapping its full-year dividend.
Crypto exchange FTX will ask a U.S. bankruptcy court on Wednesday to allow it to auction off pieces of its business and to keep customer names secret for at least six months while it works to recover funds lost in what was allegedly a huge fraud.
The 80,704 winners shared the prize fund of £440,537.
Friday's jackpot is £57 million.
Slowing the economy typically means that job creation also decelerates, as borrowing becomes more expensive.
Major stock markets mostly dropped Tuesday as warnings that US interest rates would continue to rise and remain elevated for some time offset growing optimism over China's economic reopening after Covid lockdowns.
Bitcoin's looking steady in 2023. But it's only been a week.
Bank of England Chief Economist Huw Pill said on Monday that Britain is at risk of persistent inflationary pressure from a tight labour market, even if natural gas prices stabilise or fall, implying further rate rises may be needed.
The union has organised unprecedented walkouts by nurses in recent weeks -- the first in its 106-year history.
UK commercial property capital values decreased by 13.3% as a whole in 2022, and annual total returns were down 9.1%, according to the CBRE Monthly Index published on Monday.
The Energy Bill Relief Scheme offers help for businesses, the public sector and charity organisations.
The U.S. dollar on Monday neared its lowest point in seven months against other major currencies after data suggested the Federal Reserve could slow the pace of its rate hikes, while China reopening its borders boosted riskier currencies.
The Federal Reserve's effort to shock the economy back to lower inflation is in its early days, making it tough for the U.S. central bank to avoid overdoing it.
British Prime Minister Rishi Sunak said on Sunday he was willing to discuss pay rises for nurses ahead of a meeting with public sector trade union leaders in an effort to end the biggest wave of industrial disputes in decades.
Updates next week from Britain's biggest retailers including Tesco, Sainsbury's and Marks & Spencer are expected to confirm that while Christmas was not the disaster that some had feared, consumer demand is set to weaken in 2023, denting profit.
Chinese electric vehicle brand Zeekr aims to double sales in 2023 to about 140,000 vehicles and plans to expand sales in Europe, Chief Executive Andy An told Reuters on Thursday.
The biggest AI headlines lately have been on algorithms that make it possible to create original content at the click of a mouse.
The number of Americans filing new claims for jobless benefits dropped to a three-month low last week while layoffs fell 43% in December, pointing to a still-tight labor market that could force the Federal Reserve to keep hiking interest rates.
Bed Bath & Beyond Inc is preparing to seek bankruptcy protection in coming weeks, people familiar with the matter said, following poor sales and an inability to compete with large online and big-box retailers.
2023 is shaping up as a challenging year to be a woman or minority working in the tech sector, or even a person with one too many years under their belt.
The crypto industry's woes continued on Thursday as plunging deposits, layoffs and a lawsuit added to the tumult of 2022, which was dominated by sinking prices and high-profile bankruptcies.
The High Pay Centre, which compiled the report using company data and official statistics, called for a more "even" distribution of income.
Wall Street was set to tap the brakes on Thursday as upbeat jobs data after a firm message from the Fed that it won't be cutting interest rates any time soon offset China's latest reopening plans.
The 89,000 winners shared the prize fund of £562,761.
All of the country's left-wing political parties, as well as the far-right National Rally, are against the changes and have vowed to join protests.
New York said on Wednesday it will replace more than 900 city-owned fossil-fuel powered vehicles with electric models and install 315 additional EV charging ports.
Samsung Electronics Co Ltd's quarterly profit will likely plunge 58% to its lowest in six years as a global economic downturn saps demand for electronic devices and clouds the outlook for the memory chip industry.
The retailer had hired with a vengeance during the pandemic to meet an explosion in demand for deliveries
British businesses are gloomy about prospects for 2023 as they face the likelihood of a surge energy bills and ongoing post-Brexit trade difficulties, the British Chambers of Commerce said late on Wednesday.
Microsoft Corp is in advanced talks to invest in Gatik, a California-based autonomous driving startup, as part of its cloud partnership with the company, two people familiar with the discussions told Reuters.
