Register now for FREE unlimited access to Reuters.com Register IMF, World Bank expect global slowdown STOXX 600 set to fall 2.4% for the week Logistics firms dragged by FedEx warning Sept 16 (Reuters) – European shares slid 1.2% on Friday as recession warnings from two major global financial institutions and …

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After more than 70 years on the throne, Queen Elizabeth’s regal profile has become ingrained in our everyday lives. We have become accustomed to seeing her name, face and coat of arms on objects from loose change to post boxes.  These aspects of public life and plenty more besides will …

Monday will be a bank holiday across the UK for the Queen’s state funeral. Many major retailers have announced they are closing their doors for the entire day, while others will open for reduced hours. The day of the funeral will be more akin to Christmas Day than a normal …

(Evening Standard) The pound today dipped to a fresh 37-year low after retail sales volumes fell by more than expected in August. The 1.6% month-on-month decline reported by the Office for National Statistics, which compared with City forecasts for a fall of 0.5%, was driven by a broad range of …

Royal Mail shares were hit after the market became jittery about a profit warning by delivery giant FedEx. The US company, widely regarded as a bellwether for the global economy, withdrew full-year results guidance after reporting weaker-than-expected volumes internationally as well as in its home market. FedEx shares slumped 16% …

Shares of FedEx slumped in premarket trading on Friday as the global delivery heavyweight’s forecast withdrawal sounded alarm about softening consumer demand and hammered equities in the sector worldwide. The U.S. firm joined major global logistics peers including Hong Kong’s Cathay Pacific Airways and France-based transporter CMA CGM in signaling …

Many businesses will close so employees can watch The Queen’s funeral (Picture: Joe Giddens – by WPA Pool/Getty Images) On Monday September 19, the world’s eyes will turn to Westminster Abbey. We’ll be saying a final farewell to revered monarch, Her Majesty Queen Elizabeth II, following her death on September …

The British pound has dropped below $1.14 for the first time since 1985 as a combination of dollar strength and recession warnings weighed on the U.K.’s currency. Sterling fell as low as $1.135 at 8:50 a.m. London before rising slightly to $1.1378, marking a fresh 37-year low. It followed the …

1663321901 Capita shares bounce after £150 million fintech disposal Shares in Capita surged 9% to 28p this morning after the professional services company announced the sale of its fintech business Pay360 in a £156 million deal. It’s the latest in a suite of disposals by the company as it seeks …