Reuters

2071-2100 (out of 14429)

Market Chaos Forces UK Lenders To Pull Mortgage Products

Turmoil in British financial markets forced mortgage lenders to temporarily withdraw and reprice products for new customers on Monday, a real-world consequence of the market volatility thrown up by finance minister Kwasi Kwarteng's mini-budget last week.

Hurricane Ian To Bring Devastating Winds To Cuba

Hurricane Ian is expected to hammer western Cuba late in the day with heavy winds and rain and a potentially life-threatening storm surge after strengthening overnight from a tropical storm, the National Hurricane Center (NHC) said on Monday.

Russian Oil Diversion Post-EU Sanctions To Raise Shipping Hurdles

Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrels per day of Russian crude oil and products will have to be diverted to markets outside Europe and advanced economies when European Union sanctions take effect in the coming months, Vitol executives said.

Volkswagen Teams Up With Umicore On Battery Materials

Volkswagen announced on Monday a $2.9 billion battery parts joint venture with Belgian materials firm Umicore, becoming the latest European automaker to bring battery supplies closer to home in the shift towards electric vehicles.

Twitter To Interview Elon Musk, Known For Combative Testimony

Billionaire Elon Musk's tendency to dish out insults while being questioned under oath will be tested anew on Monday, when lawyers for Twitter Inc are due to interview the Tesla Inc CEO about his abrupt decision in July to ditch his $44 billion deal for the social media company.

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