People urged to check tax credits after HMRC error

One million renewal notices were sent with incomplete details as payments (...)

UPDATE 3-Bank of England slows bond purchases as it sees some recovery signs

The Bank of England slowed the pace of its huge bond-buying programme on Thursday (...)

Powell repeats Fed to use full range of tools to aid economy

With a full U.S. economic recovery out of reach until the coronavirus pandemic (...)

WRAPUP 2-U.S. homebuilding rises moderately; jump in permits hints at green shoots

U.S. homebuilding increased less than expected in May, but a strong rebound (...)

U.S. pulled out of talks on digital services taxes - Lighthizer

U.S. Treasury Secretary Steven Mnuchin decided to pull out of negotiations (...)

UPDATE 1-U.S. pulled out of talks on digital services taxes -Lighthizer

U.S. Treasury Secretary Steven Mnuchin decided to pull out of negotiations (...)

UK inflation hits four-year low on oil price fall, COVID impact

British inflation fell to its lowest since June 2016 last month as the coronavirus (...)

UPDATE 1-Polish central bank warns of coronavirus credit risk

Access to credit in the Polish economy could be limited by the coronavirus (...)

Italy prosecutors request acquittal for former Monte Paschi execs in derivative trial

Milan prosecutors requested on Tuesday the acquittal of three former executives (...)

Honeywell launches new business unit to capture drone market

Honeywell International Inc, a major supplier of aerospace products, said (...)

China stocks gain as dismal trade data fuels stimulus hopes

China stocks ended higher on Monday as poor domestic trade data reinforced (...)

Chile to see "very significant drop" in economy in May - finance minister

Chile´s finance minister Ignacio Briones said on Monday he expects a "very (...)

Trump administration to study ways to protect for U.S. investors from Chinese firms

The Trump administration will study ways to safeguard Americans from the risks (...)

Worst might be over for UK hiring slump - survey

British employers turned a bit less pessimistic about hiring and investment (...)

Royal Bank of Canada quarterly profit slumps on higher loan loss provisions

Royal Bank of Canada reported a 54% drop in quarterly profit on Wednesday, (...)

UPDATE 1-U.S. lawmaker wants insurers, govt to share future pandemic business losses

U.S. legislation introduced on Tuesday would create a taxpayer-backed insurance (...)

UPDATE 1-Bank of Israel leaves rates unchanged, sees less economic damage in 2020

The Bank of Israel left its benchmark interest rate at 0.1% on Monday, saying economic (...)

European shares rise in thin trading, Bayer jumps

European shares rose in thin trading on Monday, as optimism over reopening (...)

Russian central bank chief sees no need for negative real interest rates

Russian central bank governor Elvira Nabiullina said on Friday the board (...)

Australia shares fall on U.S.-China tensions; set for 4th straight weekly gain

Australian shares edged lower on Friday as escalating U.S.-China tensions (...)

Britain can cope with surge in unemployment, minister says

Britain can cope with the surge in unemployment from the COVID-19 pandemic (...)

UPDATE 2-Fed debates longer-term crisis-fighting plan, minutes show

Federal Reserve policymakers, still working to fully roll out a multi-trillion-dollar (...)

U.S. energy capital spending to keep falling amid industry collapse - Dallas Fed

Capital spending by the U.S. energy sector that has dropped during the coronavirus (...)

Norway well placed to handle economic fallout from pandemic -c.bank chief

The Norwegian economy is well positioned to weather the sharp downturn caused (...)

UPDATE 1-Norway well placed to handle economic fallout from pandemic -c.bank chief

The Norwegian economy is well positioned to weather the sharp downturn caused (...)

UPDATE 1-Bank of England not ruling out negative rates in future: Tenreyro

Bank of England official Silvana Tenreyro on Monday talked up the benefits (...)

UPDATE 3-Britain heading for sub-zero rates club, money markets bet

Money markets ramped up expectations that the United Kingdom could cut interest (...)

UPDATE 2-IMF chief warns full global economic recovery unlikely in 2021

The global economy will take much longer to recover fully from the shock caused (...)

UPDATE 1-Bank of England, facing COVID slump, revives negative rates talk

A chorus of comments from top officials at the Bank of England about negative (...)

More than 8% of U.S. mortgages now in forbearance -MBA weekly survey

Roughly 4.1 million U.S. mortgage borrowers have had their payments paused (...)

Bank of England not ruling out negative rates in future - Tenreyro

Bank of England official Silvana Tenreyro on Monday talked up the benefits (...)

Bank of England, facing COVID slump, revives negative rates talk

A chorus of comments from top officials at the Bank of England about negative (...)

Britain heading for sub-zero rates club, money markets bet

Money markets ramped up expectations that the United Kingdom could cut interest (...)

Coronavirus hits UK households hard again in May - survey

The financial health of British households has deteriorated sharply this month, (...)

Money markets raise bets that British interest rates will drop below zero

Money markets ramped up expectations of negative interest rates in the United (...)

UPDATE 1-India to spend $13 billion on farm infrastructure fund

India will provide one trillion rupees ($13 billion) to set up an agriculture infrastructure (...)

U.S. consumer sentiment edges up in May but worries about social isolation grow

U.S. consumer sentiment rose unexpectedly in early May after a record plunge (...)

UK leaves coronavirus lifeline for workers in place for four more months

Britain extended its job retention scheme - the centrepiece of its attempts (...)

Turkey will foil financial plotters, Erdogan says

President Tayyip Erdogan said on Monday those who tried to plot against the (...)

U.S. SEC alleges accounting fraud at Florida direct lender TCA -filing

The U.S. Securities and Exchange Commission (SEC) on Monday filed charges (...)

Australia shares rise as virus restrictions set to ease; NZ also up

Australian shares rose over 1% on Friday as risk sentiment improved on the (...)

Occidental looks to raise cash, swap debt as oil prices pressure finances

Occidental Petroleum Corp said on Wednesday it was looking to raise new cash (...)

UPDATE 1-Occidental looks to raise cash, swap debt as oil prices pressure finances

Occidental Petroleum Corp said on Wednesday it was looking to raise new cash (...)

Britain says around a quarter of workers furloughed

Around a quarter of employees in Britain have been furloughed and companies (...)

CORRECTED-UPDATE 2-Intel buys Moovit transit app for $900 mln to help develop robotaxis

Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about (...)

UK consumers are gloomiest since 2012 - YouGov/CEBR

British consumer sentiment has dropped to its lowest since January 2012 as (...)

UK households shunned borrowing as COVID-19 hit in March - BoE

British households shunned new borrowing in March and a measure of house purchases (...)

Funds suggest cutting stocks, expect U-shaped global economic recovery: Reuters poll

Global funds recommended an increase in bond holdings to the highest level (...)

REFILE-UPDATE 1-Lloyds Banking Group scrapes profit after $1.75 bln COVID-19 provision

Lloyds Banking Group saw its pretax profit all but wiped out in the first (...)

Pumping cash at record pace, ECB is under pressure to act again

Just weeks after unveiling a massive stimulus scheme in a late-night shock-and-awe (...)

Upbeat virus treatment view, oil jump lift Australian shares

Australian shares gained on Thursday as risk appetite improved after encouraging (...)

Column: A fork in the coronavirus road - the financial cost of relapse

Financial markets are now pricing an optimistic view that the world economy (...)

UPDATE 2-StanChart eyes quick recovery as profit falls 12% on coronavirus crisis

* Q1 pretax profit at $1.22 bln versus $1.38 bln a year prior

Investors bet on testing, treatments for restart of U.S. economy

Investors are pinning their hopes for the reopening of the U.S. economy on (...)

UK companies put pay awards on hold as COVID-19 hits - XpertHR

Half of large British employers are thinking of freezing pay or delaying annual (...)

Britain suffering worst peacetime downturn ever; recovery may falter - Reuters poll

Britain is in the midst of its deepest downturn in peacetime as the coronavirus (...)

UPDATE 1-China cuts TMLF interest rate by 20 basis points in latest economy support step

* More targeted easing measures are expected -analyst (Adds analyst comments, (...)

Philippines c.bank expects remittances to decline this year

Money sent home by Filipinos working and living abroad is likely to decline (...)

Pricing the benefits of cheap oil in a world of economic lockdowns

The oil price collapse that took U.S. crude prices sub-zero for the first (...)

One in three UK households expects to need state help to weather coronavirus - survey

One third of British households said they were likely to need government support (...)

UPDATE 12-$500 bln coronavirus aid package passes U.S. Senate, headed to House

The U.S. Senate on Tuesday unanimously approved $484 billion in fresh relief (...)

Bank of England tells banks to use excess capital to help customers

British banks should use their substantial capital and liquidity buffers to (...)

China stocks end higher as key rate cut again

China stocks ended higher on Monday as a key Chinese lending rate was cut (...)

China cuts benchmark rate for second time this year, as widely expected

China cut its benchmark lending rate as expected on Monday to reduce borrowing (...)

UAE central bank urges commercial lenders to use stimulus scheme

The United Arab Emirates central bank on Sunday urged commercial lenders to (...)

Germany may rein in coronavirus debt if economy improves - finance minister

Germany may be able to manage the fiscal impact of the coronavirus crisis (...)

UPDATE 1-EY whistleblower awarded $11 million after suppression of gold audit

A British court awarded $11 million in damages and expenses on Friday to a (...)

Jordan PM says state finances under strain by impact of coronavirus

Jordan Prime Minister Omar al Razzaz said on Thursday spending priorities (...)

UPDATE 4-Morgan Stanley CEO: coronavirus will continue to pose challenges

Morgan Stanley Chief Executive Officer James Gorman told shareholders on Thursday (...)

Fund managers looking at medical tests, Europe, for signs U.S. economy can reopen

Some investors are wary about buying into a recent stock market rally. Even (...)

One in nine UK mortgages helped by payment holidays - UK Finance

British banks and other lenders have provided payment holidays for one in (...)

UPDATE 1-Russian cenbank to consider rate cut as economy set to contract

The Russian central bank will consider an interest rate cut among other options (...)

Jordan IMF programme needs adjusting after coronavirus -central bank governor

Jordan is in discussions with the IMF seeking to change some of the objectives (...)

UPDATE 2-Airbnb secures $1 bln investment from Silver Lake, Sixth Street

Airbnb said on Monday private equity firms Silver Lake and Sixth Street Partners (...)

SE Asia Stocks-Thailand posts best week since 2015 on oil surge; Singapore down

Singaporean markets slumped on Friday after the city-state shutdown most businesses (...)

Global funds still recommend bonds over stocks - Reuters poll

Global fund managers are convinced the world economy is already in recession, (...)

European stock index futures slide as coronavirus damage grows

European stock index futures fell more than 3% on Wednesday as dismal economic (...)

China stocks end lower amid coronavirus fears, policy hopes limit losses

China stocks finished the first session of the second quarter lower on Wednesday, (...)

UK mortgage approvals hit six year high in Feb., before virus hit

The number of approvals for mortgages in Britain hit a six-year high in February, (...)

Oil-rich wealth funds seen shedding up to $225 billion in stocks

Sovereign wealth funds from oil-producing countries mainly in the Middle East (...)

UK ramps up jobs protection push with social security, pensions pledge

Britain will ramp up its bid to slow a surge in unemployment during the coronavirus (...)

UK throws lifeline to self-employed hit by coronavirus

The British government will pay grants to self-employed people who have lost (...)

Surveys show coronavirus pandemic savaging global economy

Evidence that the coronavirus pandemic is hammering the global economy mounted (...)

Britons most pessimistic about economy since 2008 - Ipsos MORI

People in Britain are at their most pessimistic about the outlook for the (...)

UPDATE 1-Crisis-era regulators call on banks to halt distributions, de-leverage trading

Banks should immediately halt share buybacks, dividends and most staff bonuses (...)

US bond fund outflows set weekly record - Lipper

U.S.-based taxable bond funds shed $55.9 billion in the week to Wednesday, (...)

Crisis-era regulators call on banks to halt distributions, de-leverage trading

Banks should immediately halt share buybacks, dividends and most staff bonuses (...)

Australian shares drop as virus fears eclipse support packages; NZ down

* Containment efforts would hurt economy - Capital Economics (Updates to close) (...)

Swiss ready virus aid package worth 40-100 bln Swiss francs - Tages-Anzeiger

The Swiss government, central bank and market supervisor are readying an aid (...)

Coronavirus: Chancellor unveils £350bn lifeline for economy

Rishi Sunak announces "unprecedented" help for companies as the economy goes (...)

UPDATE 2-Jordan cuts main rates by 100 basis points to soften coronavirus blow

The Central Bank of Jordan said it cut its main interest rates by 100 basis (...)

US Treasury yields tumble after aggressive Fed action

U.S. Treasury yields fell on Monday but remained above recent multi-year lows, (...)

UPDATE 2-Turkey mulls tax relief to blunt coronavirus pain -sources

* Fed easing opens door to sharper Turkish rate cut (Adds options cited by (...)

UPDATE 5-BOJ joins peers to fight coronavirus fallout, ramps up risky asset buying

* BOJ ready to ease more if virus hurts economy - Kuroda (Adds Kuroda quotes) (...)

RPT-US Treasury yields tumble after aggressive Fed action

U.S. Treasury yields fell on Monday but remained above recent multi-year lows, (...)

UPDATE 1-U.S. Treasury yields fall after aggressive Fed action, but off lows

U.S. Treasury yields fell on Monday but were off their overnight lows in volatile (...)

Canada cuts capital buffer for banks, suspends mortgage stress test change

Canada is reducing the amount of capital lenders must hold to guard against (...)

UPDATE 1-Portugal to help firms through coronavirus, tough measures in place

Portugal moved to help businesses weather the coronavirus epidemic on Friday (...)

UPDATE 1-EU to redirect funds to virus-hit parts of economy

* Germany announces huge state guarantee scheme (recasts with announced measures) (...)

Factbox: Britain starts new funding scheme to shield businesses from coronavirus

The Bank of England unexpectedly cut interest rates by half a percent on Wednesday (...)

UK fires double stimulus salvo to soften coronavirus hit

Britain unveiled a 30 billion-pound stimulus plan on Wednesday to help the (...)

UPDATE 2-U.S. SEC votes to exempt smaller companies from independent audit reviews

The U.S. securities regulator on Thursday voted to relax internal audit controls introduced (...)

UPDATE 4-Fed provides massive liquidity injection to calm markets amid signs of stress

The Federal Reserve moved to stem a market meltdown on Thursday with offers (...)

Budget 2020: Chancellor pumps billions into economy to combat coronavirus

The chancellor warns the outbreak is likely to cause a temporary but significant (...)

UPDATE 6-UK fires double stimulus salvo to soften coronavirus hit

* Longer-term spending to grow twice as fast as economy (Adds comments from (...)

Oil price plunge ramps up pressure on Pemex; hedge programs in focus

A crash in crude prices has intensified pressure on the finances of Mexican (...)

Give gig workers sick pay to help stop virus spread - TUC

Britain must provide sick pay for low-wage and gig-economy workers who need (...)

Targeted insurance offers hotels some relief in coronavirus fight

* Interactive graphic https://tmsnrt.rs/2VAT4xF on January hotel performance (...)

U.S. officials talk down coronavirus market panic, tout economic strength

Trump administration officials on Sunday tried to calm market panic that the coronavirus (...)

RPT-COLUMN-Oil traders price in coronavirus-driven recession: Kemp

Oil traders and other financial investors are anticipating a severe slowdown (...)

MIDEAST STOCKS-Gulf bourses dive as coronavirus worries deepen

Stock markets in the Gulf slumped on Sunday, with Kuwait and Dubai among hardest (...)

Man Group full-year profits up as market gains offset net outflows

British hedge fund manager Man Group posted a 2019 adjusted pretax profit (...)

Jupiter full-year profits hit by outflows, cancels special dividend

British asset manager Jupiter Fund Management said full-year pretax profits (...)

Hong Kong stocks close higher as Beijing signals more support for economy

Hong Kong stocks reversed earlier losses to end higher on Thursday, after (...)

UPDATE 2-Metro Bank cuts back growth plans after plunge into the red

Metro Bank shares tumbled on Wednesday after the bank plunged to a full-year (...)

UK employers urge Johnson not to sacrifice services in EU deal

Britain must not exclude its huge services industry from a planned trade deal (...)

Markets underprice coronavirus risk - UBS chairman on Bloomberg TV

Markets are underpricing the risk that the coronavirus outbreak poses to the (...)

Coronavirus: Qantas and Air France-KLM warn of profits hit

The alerts by Qantas and Air France-KLM come as concerns grow over the hit (...)

Qantas warns coronavirus impact of as much as $99m

The warning comes as concerns grow over the impact of the outbreak on airlines (...)

Investors track ships, chase rumours to get edge on COVID-19 risks

As investors crunch numbers to determine how the coronavirus will hit China’s (...)

Coronavirus impact on euro zone economy to be temporary - Centeno

The head of the Eurogroup Mario Centeno said on Monday he expected the impact (...)

UPDATE 1-Romania may sell 5% stake in Hidroelectrica to EBRD

Romania is considering an offer from the European Bank for Reconstruction (...)

Thai bank loans may grow more than 2% this year -c.bank

Commercial bank loans in Thailand may grow more than 2% this year while bad (...)

China and HK stocks climb as Beijing steps up support for virus-hit economy

China stocks rallied on Monday, led by start-up companies which surged to (...)

WRAPUP 10-People returning to Beijing under quarantine as China struggles to pick up economy

* China says mainland cases rise by 5,090, with 121 new deaths

RBS profits beat expectations, to rebrand as NatWest

Royal Bank of Scotland reported a better than expected pre-tax profit of 4.2 (...)

CORRECTED-U.S. carbon price group boosts lobbying in Congress, releases plan

A group aiming to spur climate change legislation that would tax carbon emissions stepped (...)

UPDATE 1-U.S. carbon price group boosts lobbying in Congress, releases plan

A group aiming to spur climate change legislation that would tax carbon emissions stepped (...)

UPDATE 2-South Africa must fix its public finances, Ramaphosa says

* Speech short on specifics, timeframes (Writes through with new detail, quotes) (...)

Exchange Operator CME Group posts 22% rise in quarterly profit

Exchange operator CME Group Inc on Wednesday posted a 22% rise in fourth-quarter (...)

UPDATE 2-China to inject $174 bln of liquidity on Monday as markets reopen

* Beijing says will use monetary policy tools to support economy

Hong Kong economy to see more weakness due to virus outbreak

The risk of further contraction in the Hong Kong economy, which was buffeted (...)

WRAPUP 9-China seeks to boost economy as first virus death reported outside its borders

The first death from the coronavirus outside of China was reported on Sunday (...)

UPDATE 1-Euro zone inflation pressures are building but only slowly -ECB chief economist

Inflationary pressures in the euro zone are slowly building and the deflationary (...)

UPDATE 1-Indian shares slide as federal budget fails to inspire

Indian shares fell on Saturday to their lowest closing level in more than (...)

INDUSTRY VIEWS-India budget focuses on tax cuts, farm spending to revive growth

Indian Finance Minister Nirmala Sitharaman on Saturday unveiled the budget (...)

Sterling jumps as BoE keeps interest rates on hold

Sterling strengthened as the Bank of England kept interest rates on hold on (...)

Majority of CEOs expect global economy to cool in PwC survey

More than half of chief executives in an annual survey by PwC expect a slowdown (...)

Putin appoints former economy minister Maxim Oreshkin as adviser

Russian President Vladimir Putin on Friday appointed former economy minister (...)

UPDATE 2-South African Airways cancels flights in fight for survival

* State firms big risk for South African economy (Updates with detail from (...)

UPDATE 3-Far Point to buy tax-free shopping firm Global Blue at $2.6 bln valuation

Far Point Acquisition Corp, a blank-check company set up by hedge fund Third (...)

Syrian pound hits new lows over regional tensions - traders

The battered Syrian currency hit a new record low on Monday over fears that (...)

HK considers "competitive" tax measures for private equity funds -finance sec

Hong Kong finance secretary Paul Chan said on Monday the government was considering (...)

UPDATE 1-Board member overseeing Wirecard audit elected chairman

The board member overseeing an outside audit of Wirecard has been elected (...)

ECB rate rise in 2021? Markets starting to think about it

Money markets are starting to price higher interest rates for the euro zone (...)

Monte dei Paschi sees 1.2 bln euro net profit hit in Q4 from tax change

Italian state-owned bank Monte dei Paschi di Siena said on Thursday it expected (...)

WRAPUP 1-Fed officials: Trade risks easing may mean bluer sky for 2020

The global trade wars may not be over, but U.S. Federal Reserve officials (...)

GRAPHIC-ECB rate rise in 2021? Markets starting to think about it

Money markets are starting to price higher interest rates for the euro zone (...)

UPDATE 2-PIMCO says signs point to stronger global economy in 2020

Recession risks have diminished in recent months, and the current window of (...)

UPDATE 3-Mexico hedges oil output for 2020 as risks grow

Mexico has completed its annual oil hedging program for 2020 at $49 a barrel, (...)

Recession, robots and rockets: another roaring 20s for world markets?

Helicopter cash, climate crises, smart cities and the space economy -- investors (...)

UPDATE 4-Argentina creates external debt unit, economy bill moves to Senate

Argentina appointed a government team to kick off talks with creditors to (...)

German finmin: tax on share dealing could be extended to other assets

The financial transaction tax on share dealing that 10 European countries (...)

UPDATE 2-Uber submits appeal to regain London taxi licence

* Uber can continue operating during appeal (Adds response from London transport (...)

UPDATE 2-Ethiopia to get $3 bln loan from World Bank

Prime Minister Abiy Ahmed said on Friday that Ethiopia will receive $3 billion (...)

HSBC Swiss unit to pay $192 mln to settle U.S. tax investigation

The Swiss private banking unit of HSBC Holdings Plc will pay $192.4 million (...)

UPDATE 1-HSBC Swiss unit to pay $192 mln in latest U.S. tax evasion deal

* Swiss banks have paid billions of dollars (Adds details, comments and background) (...)

Flying cars could lure investors away from ground-based services -survey

Electric air taxis — known colloquially, if somewhat misleadingly, as "flying (...)

UPDATE 2-U.S. Treasury yields jump after non-farm payrolls rise

U.S. Treasury yields rose on Friday after the Labor Department reported job (...)

Deutsche Bank staffers cleared but bank fined in money laundering case

Frankfurt prosecutors have dropped an investigation into two Deutsche Bank (...)

UPDATE 1-Trump asks Supreme Court to stop banks from disclosing his financial data

President Donald Trump, fighting to keep details of his finances secret, asked (...)

UPDATE 3-TREASURIES-U.S. Treasury yields jump after non-farm payrolls rise

U.S. Treasury yields rose on Friday after the Labor Department reported job (...)

Housebuilder Berkeley reports 31% slump in first-half profit

British housebuilder Berkeley Group Plc on Friday reported a slump in first-half (...)

UPDATE 2-Metro Bank CEO Donaldson follows chairman out of door

Metro Bank chief executive Craig Donaldson is leaving after a torrid year (...)

UK consumers pick up pace of borrowing for first time since mid-2018 - BoE

British consumers, whose spending has helped drive the economy since the Brexit (...)

UPDATE 2-Germany dodges recession in third quarter thanks to exports, spending

Strong exports, state spending and consumers helped the German economy avoid (...)

Johnson raises prospect of multi-billion pound payroll tax cut

British Prime Minister Boris Johnson said on Wednesday he planned a multi-billion-pound (...)

UPDATE 1-U.S. companies say consumer still strong even as broader outlook dims

Walmart became the latest company to point to a strong U.S. consumer, adding (...)

Trump asks Supreme Court to block disclosure of financial records to Congress

President Donald Trump on Friday asked the U.S. Supreme Court to block a ruling (...)

EXPLAINER-Ways Trump’s tax returns could come to light

U.S. President Donald Trump broke with a decades-long tradition of U.S. presidential candida (...)

UPDATE 3-Trump asks U.S. Supreme Court to prevent release of his tax returns

President Donald Trump on Thursday asked the conservative-majority U.S. Supreme (...)

REFILE-UPDATE 1-Fewer Chinese cities report home price gains in Oct

New home prices in China maintained steady growth in October but fewer cities (...)

Nikkei drops as Trump offers mixed signals on China trade deal

Japanese shares slipped on Wednesday after U.S. President Donald Trump left (...)

UPDATE 1-UK accounting watchdog to name and grade poor audits

* KPMG says would give consent to publishing grades (Adds reaction)

Global growth woes ease but protests raise new risks - AIA CIO

A reduction in the risks that have bedeviled the global economy this year (...)

Sportswear company faces two US accounting probes

Under Armour is being probed by the Securities and Exchange Commission and (...)

UK banks urge government to ease tax burden as Brexit beckons

Banking in Britain paid 40 billion pounds in taxes in the last financial year (...)

Factbox: Major Saudi Arabian non-oil deals since 2016

Saudi Arabia has tried to attract foreign capital into its non-oil sector (...)

The race to build a flying electric taxi

More than a hundred companies are working on electric aircraft designed to (...)

Democratic 2020 hopeful Warren still weighing Medicare for All financing options

White House hopeful Elizabeth Warren is taking heat from her Democratic rivals (...)

German bank regulator tells banks cutting fat is not enough, magazine reports

The head of German financial regulator BaFin called on banks to restructure (...)

UPDATE 4-In blow to U.S., EU pledges quick move on tax for polluting firms

* EU tax commissioner-designate pushes for carbon border levy

Uber launches job app for gig economy workers

Starting in Chicago, Uber Works will allow casual workers to compare pay rates (...)

Boeing says Airbus could still avoid tariffs by obeying WTO

Boeing Co on Wednesday urged Airbus to comply with World Trade Organization (...)

Australian shares to open flat ahead of RBA decision; NZ little changed

Australian shares are expected to open little changed on Tuesday as investors (...)

PwC earns record revenues, opposes market caps in UK

PwC earned $42.4 billion in global annual revenues with $3 billion going into (...)

Italy govt has found money to avoid sales tax hike-PM

Italian Prime Minister Giuseppe Conte said on Monday his government had freed (...)

U.S. cenbank should target repo rate to reduce market volatility - ex-Fed officials

Recent money market volatility shows the Federal Reserve needs to retool how (...)

UPDATE 1-Philippine c.bank steps up bid to lift growth, cuts rates a 3rd time

The Philippine central bank cut its benchmark interest rate for a third time (...)

UPDATE 1-Hungary central bank trims key inflation forecasts for 2019 and 2020

The National Bank of Hungary sees tax-adjusted core inflation, its preferred (...)

Uber to launch UK driver loyalty scheme amid licence battle

Uber will launch a loyalty programme for its British drivers offering free education (...)

Introduce frequent flyer levy to fight emissions, government told

The Committee on Climate Change says the extra tax would help curb the growing (...)

IMF names Kristalina Georgieva as new head

Ms Georgieva, a former top World Bank official, becomes the first IMF boss (...)

Lebanese PM talks to Saudi minister about support for economy

Prime Minister Saad al-Hariri spoke to the Saudi finance minister on Saturday (...)

UPDATE 1-Lebanese PM talks to Saudi minister about support for economy

Prime Minister Saad al-Hariri spoke to the Saudi finance minister on Saturday (...)

Column: Hedge funds sell oil as global economy deteriorates

Hedge funds are becoming more pessimistic about the outlook for oil prices (...)

Central bankers face political shocks, and hope to avoid the worst

Global central bank chiefs know their job is to keep the economy out of the (...)

UPDATE 1-India Inc grows impatient as economy dips and Modi is distracted

When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, (...)

UPDATE 2-India rolls back tax hike on investors; outlines steps to boost sentiment

* India exempts foreign, domestic investors from increased tax

UPDATE 4-General Electric fortifies defense against charges of bogus accounting

General Electric Co reinforced its defense of its accounting practices on (...)

Kuwait sovereign fund in portfolio shift on signs of global economic weakness -report

The Kuwait Investment Authority (KIA) began increasing its exposure to bonds (...)

UPDATE 2-Protest-hit Hong Kong unveils $2.4 bln economic support package

* Govt backs growth with subsidies, tax perks, loan guarantees

UK jobs data shows strong economic fundamentals - Javid

Labour market data showing the fastest pay growth in 11 years and more people (...)

UK shares in the red as risk aversion prevails

UK shares inched lower on Tuesday, as worries over protests in Hong Kong, (...)

UPDATE 1-Steinhoff looks to sell off assets after $7 billion accounting fraud

Scandal-hit South African retailer Steinhoff said on Tuesday its only hope (...)

Burford Capital considers share buyback after Muddy Waters short attack

Burford Capital , a London-listed fund that finances lawsuits in return for (...)

Muddy Waters wipes £2 billion off Burford Capital shares in latest short attack

Short-seller Muddy Waters has sparked a 2 billion pound slump in shares of (...)

Sampo Q2 pre-tax profit drops 29%, beats forecasts

Financial group Sampo posted a smaller than expected drop in second-quarter (...)

U.S. tells Britain to drop tax proposal on U.S. tech firms for trade deal -The Telegraph

The administration of U.S. President Donald Trump has told Britain it will (...)

BoE could need to cut rates if Brexit uncertainty persists - Vlieghe

The Bank of England could potentially need to cut interest rates to boost (...)

RPT-COLUMN-Equity prices and stories about the economy: Kemp

* (John Kemp is a Reuters market analyst. The views expressed are his own) (...)

UK government should cut taxes to boost growth - senior Treasury minister

Britain should use the opportunity of leaving the European Union to cut taxes (...)

BoE says British banks ready for no-deal Brexit, trade war

British banks hold enough capital to cope with a no-deal Brexit and a global (...)

Investor frustrations build as RBS grapples with excess capital conundrum

Just over a decade after fending off insolvency, taxpayer-backed Royal Bank (...)

COLUMN-Hedge funds sell crude as economy fears trump OPEC cuts: Kemp

Hedge funds sold more Brent futures and options last week as concerns about (...)

Irish consumer sentiment inches higher in June

Irish consumer sentiment inched higher in June following strong domestic economic (...)

UK consumers raise borrowing at weakest pace in five years, adding to slowdown signs

Lending to British consumers rose by its weakest pace in more than five years (...)

UK shop prices fall for first time since October - BRC

British shop prices fell in early June for the first time since October last (...)

Iceland index inclusion leaves fund managers cold

Iceland may soon reclaim a place on the investment stage through inclusion (...)

Grant Thornton revamps UK audit after Patisserie Valerie scandal

Grant Thornton announced an independent review and a 7 million pound ($8.9 (...)

Sri Lanka stocks close little changed in thin trade; rupee edges up

Sri Lankan shares ended almost flat in dull trade on Thursday, but posted (...)

UPDATE 1-U.S. charges ex-CEO of cryptocurrency company Longfin with $66 million fraud

U.S. prosecutors said on Wednesday the former chief executive of Longfin Corp has (...)

ECB to give euro zone economy a small shot in the arm

The European Central Bank will try to give an ailing euro zone economy a boost (...)

YOUR MONEY-Retirement reform wants more of your tax dollars now

Saving for retirement is such a lofty goal that the U.S. government has always (...)

Column: Funds sell oil as economic fears trump supply threats

Hedge funds continued to liquidate some of their bullish position in oil last (...)

UK households fret more about their finances - survey

British households turned more downbeat about their finances in May, according (...)

UPDATE 4-Metro Bank shores up finances, prepares for tough investor meeting

* Hedge funds scramble to unwind short bets against firm (Adds investor Royal (...)

More than one BoE rate rise likely over next three years - Carney

The Bank of England is likely to carry out further interest rate increases (...)

Corbyn-proof? British water, power firms take nationalisation precautions

British water and power firms are trying to soothe nerves over nationalisation (...)

Britons feel a boost in their finances from rising wages - survey

British households reported the strongest growth in at least a decade in their (...)

YOUR MONEY-Meditate to the tax finish line

Stressed out by the tax deadline on April 15? Yes, of course, there is (...)

WRAPUP 3-Chill in global economy prompts G20 call for trade truce

The risk that global economic growth could slow more than expected spurred (...)

Not just Brexit - EU frets next crisis may come from money managers, clearing

While Brexit and trade disputes dominate financial headlines, European Union (...)

Graphic: Whatever it takes, Part 2? - Five questions for the ECB

Just a month after the European Central Bank halted plans to normalise policy (...)

UK employers defy approach of Brexit with hiring spree

British employers ramped up their hiring at the fastest pace since 2015 in (...)

Abu Dhabi aims to lure start-ups with investment in new technology hub

Abu Dhabi will commit up to 1 billion dirhams ($272 million) to support technology start-ups (...)

UPDATE 1-Abu Dhabi aims to lure start-ups with investment in new technology hub

Abu Dhabi will commit up to 1 billion dirhams ($272 million) to support technology start-ups (...)

Britons turn more cautious about big spending as Brexit nears - IHS Markit

British households were the most downbeat about their finances in over a year (...)

Hammond offers more spending, lower taxes if a Brexit deal is done

British finance minister Philip Hammond said on Wednesday he could free billions (...)

Hammond says his Brexit fiscal war chest has grown

British finance minister Philip Hammond said he now had 26.6 billion pounds (...)

UPDATE 3-PwC investigation finds $7.4 bln accounting fraud at Steinhoff, company says

* Investigation found fictitious or irregular transactions totalling 6.5 billion (...)

Schroders profit falls on outflows, restructuring

Schroders posted a 15 percent fall in full-year pretax profit after restructuring (...)

SE Asia Stocks-Eke out small gains as global growth concerns return

Southeast Asian stocks edged higher in thin trading on Thursday as investors (...)

Bank of England sees weakest UK outlook since 2009 on Brexit, global slowdown

The Bank of England said Britain faces its weakest economic growth in a decade (...)

UK house prices remain sluggish as Brexit nears - Nationwide

British house prices rose by 0.4 percent in annual terms in February, only (...)

BPIFrance bank sees strong corporate credit demand

French state-owned bank BPIFrance said corporate credit demand was strong (...)

UK consumers rein in appetite for borrowing as Brexit nears

- Lending to British consumers grew at its slowest pace in four years in December, (...)

Macron hopes debate can quell French unrest. So did Louis XVI

* "Yellow vest" protests have slowed economy, rocked presidency

UK consumer lending growth slows to near four-year low as Brexit approaches

LONDON, Jan 4 - Lending to British consumers grew at its slowest pace in nearly (...)

UPDATE 2-Powell: Fed can be patient as U.S. economy evolves in 2019

Federal Reserve Chairman Jerome Powell said on Thursday the U.S. central bank (...)

COLUMN-Recessions? Never consensus, always hiding in plain sight - McGeever

Fears that the U.S. economy is about to slip into recession have receded quite (...)

European funds cut equity holdings, hoard cash as growth fears rise - Reuters poll

European fund managers cut equity exposure to a six-month low and upped cash (...)

Global funds raise cash holdings to 20-month high as caution mounts

Concerned about the health of the global economy, international investors (...)

COLUMN-Risks for world economy, markets if U.S. yields hold above 3 pct: McGeever

The outlook for U.S. interest rates has shifted, as investors bet that recent (...)

UK PM May sets up business councils to advise on post-Brexit policy

Prime Minister Theresa May has created five new business councils to advise (...)

Taxing Energy Use 2018: Key findings for Portugal

This note describes the taxation of energy use in Portugal. It contains the (...)

Taxation of household savings: Key findings for Portugal

This note presents marginal effective tax rates (METRs) that summarise the (...)

Taxing Wages: Key findings for Portugal

Portugal had the 13th highest tax wedge among the 35 OECD member countries (...)

Government to bring forward promised income tax cuts

British Chancellor Philip Hammond said on Monday that the government will (...)

Britain to tax non-recycled plastic packaging

Britain will levy a new tax on those who make or import plastic packaging (...)

UK house prices rise at slowest pace in over five years - Nationwide

British house prices rose at their slowest pace in more than five years in (...)

European shares edges up as earnings flurry quells Fed angst

European shares opened slightly higher on Thursday as a flurry of corporate (...)

Success story

Without it, companies in the sharing economy might not have grown as successfully (...)

UPDATE 1-EU plans to raise tax bill of online giants gather momentum

* EU commission to present list of legal options in coming days

UPDATE 1-Erdogan says will discuss case of ex-Turkish minister with Trump during visit

ANKARA, Sept 15 (Reuters) - Turkish President Tayyip Erdogan said on Friday (...)

UPDATE 2-China August yuan loans surprisingly strong, but growth may have peaked

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Stanley Fischer and the twilight of technocracy

IN 2004 Stanley Fischer described the wonder he felt as an economics student (...)

Goldman Sachs announces a change in strategy

IT IS not easy to feel pity for Goldman Sachs. Its alumni lord it in pivotal (...)

The Fed prepares for its balance-sheet—and its board—to shrink

NINE years ago, in the autumn of 2008, the Federal Reserve was fighting a (...)

Weak data throws wrench into long China stock rally but Hong Kong rises

SHANGHAI, Sept 15 (Reuters) - Chinese stocks paused on Friday and looked set (...)

Is Margrethe Vestager championing consumers or her political career?

EVEN her enemies admire the bloody-mindedness of Margrethe Vestager, the European (...)

A legal vulnerability at the heart of China’s big internet firms

COMPANIES’ legal structures are usually mind-numbing fare. But occasionally (...)

Give us some clarity on Brexit, French minister Griveaux tells UK

LONDON, Sept 13 (Reuters) - The British government needs to provide more clarity (...)

Canadian small business lending rises in July as economy grows

OTTAWA, Sept 13 (Reuters) - Lending to Canadian small businesses climbed to (...)

Sri Lankan shares close little changed in dull trade; tax bill weighs on mkt

COLOMBO, Sept 11 (Reuters) - Sri Lankan shares closed little changed in low (...)

Capacity cuts in China fuel a commodity rally and a debate

STEEL ran in Zhang Cheng’s family for three generations. His grandfather (...)

Exchange-rate shifts have helped the global economy

STICKLERS for value have plenty of reasons to frown at financial markets. (...)

Governments need to rethink their attitudes to debt

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CORRECTED-UPDATE 2-U.S. charges former Turkish minister with Iran sanctions evasion

ISTANBUL, Sept 7 (Reuters) - U.S. prosecutors have charged a former Turkish (...)

RPT-Foreigners dump Japan stocks as N.Korea, yen take gloss off bright economic news

TOKYO, Sept 6 (Reuters) - Foreign investors are ditching Japanese stocks, (...)

Berkeley says London housing market still hit by Brexit, tax hike

LONDON (Reuters) - British housebuilder Berkeley said on Wednesday that the (...)

Is there a wage growth puzzle in America?

TODAY’S labour market report showed that the American economy created 156,000 (...)

Canada business investment picks up, but future uncertain

OTTAWA, Aug 31 (Reuters) - A rebound in Canadian business investment may signal (...)

On NAFTA, Donald Trump’s most dangerous opponents are at home

EVER game for a fight, President Donald Trump is picking one again with Canada (...)

Of Indian banknotes cancelled last year, 99% are accounted for

ON NOVEMBER 8th 2016, Narendra Modi, India’s prime minister, stunned its (...)

UPDATE 4-Trump touts tax reform, tells Congress to deliver

SPRINGFIELD, Mo., Aug 30 (Reuters) - U.S. President Donald Trump turned his (...)

Uber picks Dara Khosrowshahi as its new boss

“A LEADER is a dealer in hope,” said Napoleon Bonaparte. For much of this (...)

The gap between India’s richer and poorer states is widening

COUNTRIES find it easier to get rich once their neighbours already are. East (...)

UPDATE 1-Austrian IPO candidate Novomatic reports earnings drop

VIENNA, Aug 30 (Reuters) - Austrian gaming technology group Novomatic AG reported (...)

Lending to UK consumers cools as economic confidence ebbs

LONDON (Reuters) - Lending to British consumers expanded at the weakest pace (...)

UPDATE 1-Danish government seeks cuts in capital gains tax, faces opposition

COPENHAGEN, Aug 30 (Reuters) - The Danish government proposed cuts on Wednesday (...)

The “free” economy comes at a cost

FACEBOOK, whose users visit for an average of 50 minutes a day, promises members: (...)

Does ageing explain America’s disappointing wage growth?

WHEN America’s unemployment was last as low as it has been recently, in (...)

UPDATE 1-Lending to UK consumers cools as economic confidence ebbs

* Consumer credit growth weakest since April 2016 - BoE * European Commission (...)

Trump hits road to tout tax reform as helping workers

WASHINGTON, Aug 30 (Reuters) - President Donald Trump will turn his signature (...)

UK consumer credit growth hits more than one-year low in July, mortgage approvals surge - BoE

LONDON (Reuters) - British consumer credit expanded at the weakest pace in (...)

Danish govt seeks cuts in capital gains tax

COPENHAGEN, Aug 30 (Reuters) - The Danish government on Wednesday proposed (...)

Australia Q2 construction spending booms, in boost to economy

SYDNEY, Aug 30 (Reuters) - Australian construction spending boasted its biggest (...)

Recruiter InterQuest warns on fees as Brexit hits financial services unit

Aug 29 (Reuters) - British technology-focused recruiter InterQuest Group said (...)

MIDEAST STOCKS-Saudi banks strong before FTSE upgrade decision, Egypt rebounds

* Summer holidays, Eid, mediocre regional economy limit activity

Samsung’s boss is sentenced to prison

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Denmark wants to attract more IPOs by cutting tax on equity investments

COPENHAGEN, Aug 24 (Reuters) - Denmark wants to reduce the tax on equity investments, (...)

Sri Lanka likely to miss 2017 revenue goal on tax proposal delay

COLOMBO, Aug 24 (Reuters) - Sri Lanka is likely to miss its revenue target (...)

Flying water taxis highlight French startup frustrations

PARIS, Aug 24 (Reuters) - French yachtsman Alain Thebault wants to turn a (...)

Sri Lankan shares fall for third straight day; blue chips drag

COLOMBO, Aug 23 (Reuters) - Sri Lankan shares fell for the third straight (...)

COLUMN-US monopoly power and the stock market boom: James Saft

Aug 22 (Reuters) - Monopoly pricing power may be keeping U.S. corporate earnings (...)

HMRC to offer compensation for childcare site issues

Parents may be eligible for recompense if they were unable to apply for tax-free (...)

Sri Lankan shares end weaker in thin trade; tax proposal weighs

COLOMBO, Aug 21 (Reuters) - Sri Lankan shares ended weaker on Monday, lingering (...)

UPDATE 2-Lebanese president signs public sector pay rise and tax hike laws

BEIRUT, Aug 21 (Reuters) - Lebanese President Michel Aoun signed off on public (...)

Why Africa’s development model puzzles economists

IT IS easy to buy a rolex in Uganda—albeit not one that will tell the time. (...)

China modernises its monetary policy

QIN SHIHUANG was the emperor who first unified China, through bloody conquest (...)

Sri Lankan shares snap five days of falls on bargain-hunting

COLOMBO, Aug 18 (Reuters) - Sri Lankan shares rose on Friday on bargain-hunting (...)

A firm that shares a name with its founder earns higher profits

A GOOD business name can be pricey. An entrepreneur looking for the perfect (...)

UPDATE 1-With Congo finances collapsing, desperate government has few options

* Lack of work drives some to crime (Adds additional VTB comment)

SE Asia Stocks-Philippines up on strong growth data; others subdued

By Urvashi Goenka Aug 17 (Reuters) - Philippine shares ended higher on Thursday (...)

China stocks rise after promise to widen role for foreign investors

SHANGHAI, Aug 17 (Reuters) - Industrial and materials stocks lifted China (...)

SE Asia Stocks-Singapore hits 1-month low as financials drag

By Urvashi Goenka Aug 16 (Reuters) - Singapore shares hit a one-month (...)

U.S. tax change proposals anger builders, realtors, charities

WASHINGTON, Aug 14 (Reuters) - With U.S. Congress members focused during their (...)

Australia shares rebound as banks rally; NZ climbs

Aug 14 (Reuters) - Australian shares recovered on Monday, with financials (...)

Wilko opens redundancy talks with nearly 4,000 staff

The company, which has its headquarters in Worksop, saw its pre-tax profits (...)

Research points to a new explanation of “Dutch disease”

IN 1959 geologists discovered 2.8trn cubic metres of natural gas—the largest (...)

Investors are not great at predicting politics

FINANCIAL markets are supposed to be the font of all wisdom, weighing up the (...)

Year-end wave of Treasury debt issuance may tighten monetary conditions

Aug 10 (Reuters) - The U.S. Treasury Department’s plan to significantly (...)

Broadbent stresses rates message as Bank of England tries again

LONDON (Reuters) - A Bank of England policymaker sought on Friday to drive (...)

The hubris of ten-year budgets

IN February of 2001, Alan Greenspan, then still the chairman of the Federal (...)

How crisis-hit economies become investment darlings

NAWAZ SHARIF is the ex-prime minister of Pakistan again. His third stint in (...)

Why national accounts might be like corporate balance-sheets

THE easiest way to get an economist to laugh sardonically is to compare a (...)

Brexit-wary Bank of England leaves rates on hold, cuts growth forecast

LONDON (Reuters) - The Bank of England kept interest rates at a record low (...)

CORRECTED-(OFFICIAL)-U.S. taxable bond funds attract $1.8 bln in week -Lipper

NEW YORK, Aug 3 (Reuters) - Investors added $1.8 billion to taxable bond funds (...)

Bank of England leaves rates on hold, cuts growth forecast, still hints at 2018 rise

LONDON (Reuters) - The Bank of England kept interest rates at a record low (...)

Hot and cold: Euro zone grows but inflation slows

BRUSSELS (Reuters) - Data in the coming week should confirm the euro zone (...)

UK will not cut taxes below European average after Brexit - Hammond

LONDON (Reuters) - Britain does not intend to lower taxes far below the European (...)

FTSE 100 opens lower as BT shares fall

Shares in the telecoms group drop 3% after it takes a charge related to its (...)

BT takes £225m hit over Italy accounting scandal

Payouts to Orange and Deutsche Telekom hit profits at the telecoms group. (...)

The world’s largest online-travel company

NOT since the dotcom boom at the turn of the century have technology shares (...)

America’s uncompetitive markets harm its economy

“THE best of all monopoly profits is a quiet life,” wrote Sir John Hicks, (...)

Tech stocks have regained their dotcom-era highs

CAST your mind back to when Bill Clinton was president, Tony Blair and Vladimir (...)

Lloyds bank posts biggest half-year profit in eight years

LONDON, July 27 (Reuters) - Lloyds Banking Group reported its biggest half-year (...)

Rentokil profit surges on gains from Haniel JV

July 27 - British support services company Rentokil Initial Plc said its pre-tax (...)

Heading to Germany because of Brexit? Call this free tax hotline

FRANKFURT (Reuters) - The western German state of Hesse, home to Frankfurt, (...)

UK commissions EU migration impact study, promises no Brexit cliff-edge

LONDON, July 27 (Reuters) - Britain commissioned an independent study on Thursday (...)

Strong results boost FTSE, Jimmy Choo soars on Michael Kors takeover

* Acacia Mining sinks after Tanzania demands tax payment (Updates with closing (...)

SPECIAL REPORT-Herded into default, then hounded to repay student loans

PHILADELPHIA, July 25 (Reuters) - Lakisha Johnson figured all she needed was (...)

INSIGHT-Norwegian Air under pressure to boost finances

OSLO/LONDON, July 25 (Reuters) - Norwegian Air, the fast-growing budget airline (...)

Rathbone Brothers first-half pretax profit up 16.7 percent

LONDON (Reuters) - British wealth manager Rathbone Brothers plc posted a (...)

Turkey working on corporate tax cuts in strategic sectors - minister

ANKARA, July 24 (Reuters) - Turkey is working on corporate tax cuts in some (...)

Spain looks at selling more of Bankia, economy minister says

BARCELONA, Spain, July 23 (Reuters) - Spain will explore the possibility of (...)

An overhaul of Brazilian labour law should spur job creation

IN THE litany of bosses’ gripes about Brazil’s inclement business climate, (...)

UPDATE 3-After healthcare failure, Republicans face similar divisions on tax reform

WASHINGTON, July 18 (Reuters) - Republicans in Congress unveiled a fiscal (...)

Average price of UK motor insurance hits record high in Q2 - ABI

July 18 (Reuters) - The average price of UK motor insurance hit a record high (...)

India raises tax on cigarettes

NEW DELHI, July 17 (Reuters) - India has raised the total tax on cigarettes (...)

Hong Kong stocks end at new 2-year peak on robust China economy, inflows

July 17 (Reuters) - Hong Kong stocks rose for the sixth straight day on Monday, (...)

Carillion picks accountants EY to help with strategic review

July 17 (Reuters) - Carillion has appointed accounting firm EY to support (...)

UPDATE 1-Carillion picks accountants EY to help with strategic review

July 17 (Reuters) - Carillion has appointed accounting firm EY to support (...)

Overseas landlords shun the UK, as tax changes bite

Only 5% of UK homes are owned by foreign investors - compared to 12% in 2010 (...)

New Senate healthcare plan keeps Obamacare-era taxes on wealthy -Senate source

WASHINGTON, July 13 (Reuters) - The revised U.S. Senate healthcare plan will (...)

The United States of debt

POLITICS in America may be an arena of mutual incomprehension with few settled (...)

Climate change and inequality

ON JULY 12, the Larsen C ice shelf in Antarctica disgorged a chunk of ice (...)

BoE says banks plan to cut back lending to consumers on worries about economy

LONDON (Reuters) - British banks expect to cut back lending to consumers in (...)

SE Asia Stocks-Most up on cautious Fed; Philippines gives up gains

By Chris Thomas July 13 (Reuters) - Most Southeast Asian stock markets (...)

Britain hails Spanish investment as sign of confidence in economy

LONDON, July 13 (Reuters) - Spanish companies will commit millions of pounds (...)

UPDATE 1-Swiss, French to resume tax data exchange after resolving concerns

ZURICH, July 12 (Reuters) - Switzerland and France have smoothed over concerns (...)

Swiss, French to resume tax data exchange after resolving concerns

ZURICH, July 12 (Reuters) - Switzerland and France have smoothed over concerns (...)

UPDATE 3-Metro businesses set sights on acquisitions after demerger

* Metro shares up 1.5 pct (Adds comments from Ceconomy, Kellerhals)

China June total social financing rises to 1.78 trln yuan

BEIJING, July 12 (Reuters) - Total social financing (TSF), a broad measure (...)

Sri Lankan shares slip from 18-month high on profit-taking

COLOMBO, July 11 (Reuters) - Sri Lankan stocks edged down on Tuesday from (...)

UK economic data weakens, casting doubt on BoE rate hike talk

LONDON (Reuters) - Output by British factories unexpectedly fell in May, suggesting (...)

G20 leaders to address taxation of digital economy -Schaeuble on ZDF

BERLIN, July 6 (Reuters) - Leaders from the 20 leading global economies will (...)

The EU proposes pan-European pension products

THE story of the European Union is in part that of the steady accretion of (...)

UPDATE 1-Dutch inquiry calls for overhaul of trust office industry

AMSTERDAM, July 5 (Reuters) - Many trust offices based in the Netherlands (...)

Dutch inquiry calls for overhaul of trust office industry

AMSTERDAM, July 5 (Reuters) - Many trust offices based in the Netherlands (...)

Podcast: Vorsprung durch Angst

Germany is admired for a stable economy and holding on to blue-collar jobs (...)

UPDATE 1-Ukraine software firm says computers compromised after cyber attack

KIEV, July 5 (Reuters) - The Ukrainian software firm at the centre of a cyber (...)

Ukraine software firm says computers compromised after cyber attack

KIEV, July 5 (Reuters) - A Ukrainian software firm at the centre of a cyber (...)

UPDATE 3-Police seize servers of Ukrainian software firm after cyber attack

* Kiev says to extend tax deadline to help affected firms (Adds police, company (...)

UPDATE 2-Police seize servers of Ukrainian software firm after cyber attack

* Kiev says to extend tax deadline to help affected firms (Adds details, background) (...)

Australia state opposition lawmakers say they will block bank tax

SYDNEY, July 3 (Reuters) - The parliamentary opposition of the state of South (...)

UPDATE 1-Australia state opposition lawmakers say they will block bank tax

SYDNEY, July 3 (Reuters) - The parliamentary opposition of the state of South (...)

UPDATE 4-South Africa says may need seek outside help to get economy going

* ANC policy meeting to lay ground for Zuma succession (Adds Zuma no-confidence (...)

Savings ratio at record low as disposable income drops, says ONS

The ONS also said a burst in tax payments was a major factor in the cut in (...)

UPDATE 1-Danish businesses face labour shortage as economy picks up

COPENHAGEN, June 30 (Reuters) - The Danish economy performed better than expected (...)

UK consumers suffer longest decline in spending power since 1970s

LONDON, (Reuters) - British consumers have suffered the longest decline in (...)

Pakistan’s old economic vulnerabilities persist

THE IMF, claims Pakistan’s government, is surplus to requirements. Ministers (...)

How to Trump-proof your company

TO OUR management team: When I left the White House yesterday, after another (...)

The complicated failure of two Italian lenders

BANKS sicken slowly but die fast. For years Banca Popolare di Vicenza and (...)

China needs to strike balance between deleveraging and support for some sectors - IMF

DALIAN, China, June 29 (Reuters) - China needs to strike a balance between (...)

UPDATE 5-U.S. Senate Republicans struggle to salvage healthcare effort

* Trump spurns Schumer proposal for meeting of all senators (Adds Rounds and (...)

Carney in driving seat in Bank of England rate tussle

LONDON (Reuters) - The Bank of England tightened its controls on lending on (...)

Britain to crack down on militant, criminal financing

LONDON, June 25 (Reuters) - Britain will bring in new rules on Monday to crack (...)

IMF to visit Mozambique to discuss debt audit concerns

MAPUTO, June 24 (Reuters) - The International Monetary Fund will visit Mozambique (...)

Why the falling oil price isn’t hurting markets

INVESTORS could easily get confused about the impact of oil-price rises on (...)

Why falling oil isn't hurting markets

INVESTORS could easily get confused about the impact of oil prices rises on (...)

UPDATE 2-Obamacare replacement bill takes center stage in U.S. Senate

WASHINGTON, June 22 (Reuters) - A seven-year push by U.S. Republicans to dismantle (...)

Barclays and four former executives are charged with fraud

IN 2008, as banks cracked on both sides of the Atlantic, Britain’s government (...)

The Federal Reserve risks truncating a recovery with room to run

WHEN it comes to inflation, the Federal Reserve sometimes resembles a child (...)

Obamacare replacement bill to take center stage in U.S. Senate

WASHINGTON, June 22 (Reuters) - A seven-year push by U.S. Republicans to dismantle (...)

UPDATE 2- Call to change South African central bank mandate dubbed "very serious risk"

* S.Africa gripped by political turmoil, economy in recession (Adds finance (...)

UPDATE 1-Builder Berkeley warns of Brexit impact despite profit leap

LONDON, June 21 (Reuters) - London-focused housebuilder Berkeley posted a (...)

Czech Social Democrats pledge to cut tax for workers, tighten control of big business

* Social Democrats promise tax cuts for workers, other incentives

What history says about inequality and technology

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The Treasury publishes proposals to cut red tape

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Getting the most out of business taxes

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The perils of nationalisation

WHEN Jeremy Corbyn unveiled his Labour manifesto ahead of the recent British (...)

Tanzania’s firebrand leader takes on its largest gold miner

“IF THEY accept that they stole from us and seek forgiveness in front of (...)

Corporate Europe is giddy with optimism

IT IS remarkable what a difference a single election can make. “The way (...)

UK retail sales fall sharply as consumers feel the hit of Brexit vote inflation

LONDON, June 15 (Reuters) - British retail sales fell more sharply than expected (...)

Australia risks housing correction with foreign buyer tax hike

* Chinese investors alienated as cracks appear in property market

UPDATE 1-World Bank approves $500 mln grant package for Afghanistan projects

WASHINGTON, June 13 (Reuters) - The World Bank on Tuesday approved financing (...)

Toshiba facing fresh demand for damages

Investors in the Japanese conglomerate seek a total of $1bn in compensation (...)

Podcast: Super Mario to the rescue

As the European Central Bank meets in Estonia this week, is it time for Mario (...)

Bangladesh worries about falling remittances

IT IS a mystery. Last year Bangladesh’s army of migrant workers abroad increased (...)

President Trump wants to privatise air-traffic control

IN JUNE 1956 a TWA Constellation collided with a United Air Lines DC-7 over (...)

Why government-bond yields have been falling again

EVERY year it seems that analysts and investors play a ritual game. They begin (...)

Banco Popular fails and is bought by Santander

EVEN a bank failure can be presented as a triumph. This week Banco Popular, (...)

J.P. Morgan scales back U.S. tax cut forecast, pushes out timing

NEW YORK, June 8 (Reuters) - J.P. Morgan analysts on Thursday scaled back (...)

UPDATE 2-Maltese PM Muscat wins second term in snap election

* Says will cut taxes, legalise gay marriage (Adds Muscat comment, details) (...)

Sulk but no tantrum likely as central banks sidle towards exit

LONDON (Reuters) - History suggests that financial markets react violently (...)

In Donald Trump’s America, the left rethinks its economics

DEMOCRATS thought they knew the boundaries of acceptable economic discourse. (...)

Taiwan’s economy has defied the pessimists

Tsai takes the flakTAIWAN’S president, Tsai Ing-wen, has had a tough first (...)

Global monetary policy is not tightening as expected

AT ITS outset, 2017 seemed likely to mark a turning-point for global monetary (...)

Sweden’s economy is thriving, so why is monetary policy so loose?

ON A recent balmy day, people thronged the parks and promenades of central (...)

A Turkish maker of white goods is looking outwards

FORGIVE a maker of washing machines a fondness for spin. Hakan Bulgurlu, who (...)

Eastern Bank: a 199-year-old lender becomes a tech pioneer

LIKE other local bankers, Bob Rivers is counting the cost of red tape. At (...)

The super-rich are different: they pay less tax

OF LIFE’s two certainties, death cannot be dodged even by the well-to-do. (...)

Highest rate taxpayers at record level

An estimated 364,000 people, 1.2% of taxpayers, are in the 45p tax bracket (...)

Goldman president says companies shying away from large deals

May 31 (Reuters) - Uncertainty around tax policy and political events such (...)

UPDATE 1-Goldman president says companies shying away from large deals

May 31 (Reuters) - Uncertainty around tax policy and political events such (...)

An inglorious return to Austin for Uber and Lyft

UBER and Lyft will make their triumphant return to Austin on Monday. Whether (...)

UK consumers downbeat on finances as inflation bites

LONDON (Reuters) - The rise in inflation in Britain after the Brexit vote (...)

Noble Group, a big Asian commodities trader, is teetering

THE difficulties facing Noble Group, a beleaguered Hong Kong commodities trader, (...)

How becoming a Hong Kong pensioner can save you tax

Not dodging but shufflingTHE global war on tax evasion rumbles on. What began (...)

To forecast share returns, count buy-backs as well as dividends

WHAT is the point of buying shares? Ultimately investors must hope that the (...)

What the German economic model can teach Emmanuel Macron

IT IS heartening that the euro area has a knack for surviving near-fatal crises. (...)

Donald Trump’s budget ignores what is ailing American workers

PRESIDENTIAL budget requests are worth exactly nothing. They carry no force (...)

RPT-With new sheriff in town, S.Korea big businesses duck for cover

SEOUL, May 21 (Reuters) - A South Korean retail giant has shelved controversial (...)

With new sheriff in town, S.Korea big businesses duck for cover

SEOUL, May 21 (Reuters) - A South Korean retail giant has shelved controversial (...)

A new anthology of essays reconsiders Thomas Piketty’s “Capital”

“A MODERN Marx” was how The Economist described Thomas Piketty three years (...)

Insurers get a new global accounting regime

LISTED firms in over 120 countries, including all large economies bar America, (...)

Countdown starts on global overhaul of insurance accounting

LONDON, May 18 (Reuters) - Insurers in over 100 countries face a "once in (...)

U.S. Treasury secretary to say 3 percent economic growth achievable

WASHINGTON, May 17 (Reuters) - Treasury Secretary Steve Mnuchin will tell (...)

NEWSMAKER-Macron picks pro-EU conservative Le Maire as French finance chief

PARIS, May 17 (Reuters) - Bruno Le Maire, named French economy minister on (...)

GLOBAL MARKETS-S&P on track for worst day since Sept on Trump concern

NEW YORK, May 17 (Reuters) - U.S. stocks and the dollar fell while bond prices (...)

Lloyds chief executive Antonio Horta Osorio welcomes the end of government ownership

Lloyds chief executive Antonio Horta Osorio welcomes the end of government (...)

Old McDonnell has a plan. He eyes IOUs

WITH the Labour Party 17 percentage points behind in the opinion polls, it (...)

Large hedge funds moved out of financial stocks in first quarter

NEW YORK, May 15 (Reuters) - Several big-name hedge fund investors trimmed (...)

India needs to curb a borrowing spree by its state governments

WHICH Indian state sounds more likely to repay a loan: Bihar, the country’s (...)

Africa’s informal economy is receding faster than Latin America’s

COMMON to all men, according to Adam Smith, is “the propensity to truck, (...)

Delay seen, again, on Trump growth agenda after Comey sacking

NEW YORK (Reuters) - Not even a week after the Trump administration and Congress (...)

RPT-UPDATE 1-ING Q1 underlying pretax profit up 39 pct, beats expectations

AMSTERDAM, May 10 (Reuters) - ING Groep, the largest Dutch financial services (...)

CORRECTED-Australia banks could make customers pay for surprise tax -analysts

* Bank tax expected to reduce annual earnings by 4.5 pct -analyst

UPDATE 1-Ex-SEC accountant settles charges over illegal options trades

WASHINGTON, May 9 (Reuters) - A former accountant at the U.S. Securities and (...)

Macron to take time reforming economy in divided France

BERLIN/PARIS (Reuters) - After a decade of slow growth, rising unemployment (...)

UK house price growth remains at near four-year low - Halifax

LONDON (Reuters) - British house price growth remains at its weakest level (...)

From two would-be Fed leaders, the central bank needs to change

PALO ALTO, Calif., May 5 (Reuters) - Unemployment is at a decade low, the (...)

Investors are both bullish and skittish about share prices

TEN years ago this month investors were pretty confident. True, there were (...)

Euro-area GDP growth outpaces America’s

THE appeal of GDP is that it offers, or seems to, a summary statistic of how (...)

America’s Treasury ponders issuing 40-, 50- or 100-year bonds

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Puerto Rico declares bankruptcy at last

THE government of Puerto Rico said in 2015 that the island could not pay its (...)

May pledges not to increase VAT, quiet on other taxes

LONDON (Reuters) - British Prime Minister Theresa May said on Sunday she would (...)

Protecting American steel from imports makes no sense

AS AN example of all that is wrong with Donald Trump’s view of trade, the (...)

Olympus scandal: Former bosses to pay $529m over fraud

A Tokyo court rules six men must compensate the Japanese firm and its shareholders (...)

Steven Mnuchin gets started on tax reform but there is more to do

OF THE things that investors and bosses have come to like about Donald Trump, (...)

Reducing rates for “pass-through” businesses will be tough to justify

THERE are two main reasons for a country to paw around in its tax code: to (...)

The markets are uninspired by the Trump tax plan

REMEMBER why the "Trump bump" began, all the way back in November? The rationale (...)

May refuses to rule out personal tax hikes after election

LONDON (Reuters) - British Prime Minister Theresa May refused on Saturday (...)

UK consumer morale softens in first quarter on price worries - Deloitte

LONDON (Reuters) - British consumer confidence softened last month in the (...)

America’s big banks have an encouraging first quarter

WHAT a difference a year makes. When America’s big banks reported first-quarter (...)

The IMF nudges up its forecast for global growth

APRIL is the cruellest month, breeding lilacs out of the dead land, and, in (...)

Reality Check

About 90% of income tax is paid by the richest 50% of taxpayers.

Why the Federal Reserve should keep its balance-sheet large

HOW much money should exist? The Federal Reserve must soon confront this deep (...)

The mysterious quiescence of the gold market

AMERICA has bombed Syria, and its relations with Russia have deteriorated. (...)

The EFTA countries show how hard Brexit will be for Britain

NORWAY offers much to envy. The food is tasty, public services are great and (...)

America has a retirement problem, not a saving problem

HOUSE Resolution 67, which Donald Trump signed last week, rolls back a rule (...)

The markets adjust their Brexit calculations

SOMETIMES the markets are genuinely surprised. On the morning of April 18th, (...)

Portugal Fiscal Expenditure

Fiscal expenditure in Portugal amounted to EUR 50.36 billion in 2016. Fiscal (...)

Portugal GDP Growth Rate

The Portuguese economy advanced 0.6 percent on quarter in the last three months (...)

Portugal GDP Annual Growth Rate

The Portuguese economy expanded 2 percent year-on-year in the last quarter (...)

Portugal Government Budget

The Portuguese government reported a EUR 3.8 billion deficit in 2016, equivalent (...)

Portugal Government Revenues

Government Revenues in Portugal decreased to 3081 EUR Million in January from (...)

Portugal Government Spending

Government Spending in Portugal increased to 8385.70 EUR Million in the fourth (...)

Portugal Social Security Rate

The Social Security Rate in Portugal stands at 34.75 percent. Social Security (...)

Portugal Economic Activity YoY

Portuguese economic activity expanded 1.2 percent year-on-year in January (...)

Portugal Personal Income Tax Rate

The Personal Income Tax Rate in Portugal stands at 56.50 percent. Personal (...)

Portugal Retail Sales MoM

Retail Sales in Portugal increased 3.10 percent in February of 2017 over the (...)

Portugal Industrial Production MoM

Industrial Production in Portugal decreased 0.70 percent in February of 2017 (...)

Portugal Sales Tax Rate | VAT

The Sales Tax Rate in Portugal stands at 23 percent. Sales Tax Rate in Portugal (...)

Portugal Corporate Tax Rate

The Corporate Tax Rate in Portugal stands at 21 percent. Corporate Tax Rate (...)

How Chávez and Maduro have impoverished Venezuela

IT IS hard to convey the severity of Venezuela’s unfolding crisis. Its extent (...)

Black market

How a 119% tax on tea imports in the 1750s helped smuggling become a vital (...)

Environment: a source of future economic growth in Portugal

Despite Portugal’s economic and political challenges, it is still committed (...)

Taxing Wages: Country note for Portugal

The average worker in Portugal faced a tax burden on labour income (tax wedge) (...)

Portugal: Deepening structural reform to support growth and competitiveness

Having been hit hard by the global crisis, the Portuguese government has taken (...)

Fundamental reforms paving the way for economic recovery in Portugal, OECD says

Fundamental reforms have helped put the Portuguese economy back on the right (...)

International community continues making major progress to end tax evasion

The Global Forum on Transparency and Exchange of Information for Tax Purposes (...)

Taxing Wages: Portugal

The tax burden on labour income is expressed by the tax wedge, which is a (...)

Revenue Statistics 2016: Country highlights

This annual publication presents detailed country notes and internationally (...)

Trading Economics

VAT,taxes,tax,accounting,accountant,portugal,horizon 2020,european funds,social (...)

Ireland’s food industries would be worst hit by a hard Brexit

IN 1962 Tony O’Reilly, head of the Irish Dairy Board, had an idea that would (...)

The Economist

VAT,taxes,tax,accounting,accountant,portugal,horizon 2020,european funds,social (...)

The Economist

VAT,taxes,tax,accounting,accountant,portugal,horizon 2020,european funds,social (...)

Reuters Agency

VAT,taxes,tax,accounting,accountant,portugal,horizon 2020,european funds,social (...)

Reuters Agency

VAT,taxes,tax,accounting,accountant,portugal,horizon 2020,european funds,social (...)

Reuters Agency

VAT,taxes,tax,accounting,accountant,portugal,horizon 2020,european funds,social (...)

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