LONDON Escalating tension in the Middle East is driving up oil prices, a huge import cost for many economies, putting more strain on global growth already hurt by the trade war being waged by U.S. President Donald Trump and weakening consumer confidence.
LONDON The likelihood Britain and the European Union part ways without a deal has jumped in the past month, according to economists in a Reuters poll, as most candidates jockeying to take over as prime minister appear to have adopted a hard line stance.
LONDON Sterling would weaken considerably against both the dollar and euro if Britain left the European Union without a deal, according to strategists in a Reuters poll, with many saying the pound could reach parity with the common currency.
NEW YORK/LONDON/HONG KONG Factory activity slowed in the United States, Europe and Asia last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers to step up support. | Video
* Trade tensions flare up; global economy could face
LONDON, Manufacturing activity in the euro zone contracted for a fourth month in May, and at a faster pace, as the U.S.-China trade war, slumping automotive demand, Brexit and wider geopolitical uncertainty took their toll, a survey showed.
LONDON Global stocks will continue their march to higher ground but an escalation of the U.S.-China trade war poses the biggest risk, Reuters polls of over 200 equity strategists, analysts and fund managers from around the world found.
LONDON A recovery in euro zone business activity was weaker than expected this month as a deepening contraction in the bloc's manufacturing industry is increasingly holding back services firms, a survey showed. | Video
LONDON Britain's expensive housing market has so far weathered the uncertainty swirling around the country's planned departure from the European Union, but average prices are unlikely to rise sharply and will fall in London this year, a Reuters poll found.