Rolls-Royce wins $11 billion UK nuclear submarine contract
LONDON (Reuters) – Britain said on Friday it had awarded Rolls-Royce (OTC:RYCEY) a 9 billion pound ($11 billion) contract to design, make and provide support services to nuclear reactors that power its fleet of submarines. The eight-year deal will strengthen the
China cenbank conducts medium-term loan operation, rate unchanged
SHANGHAI (Reuters) – China’s central bank conducted a medium-term loan operation on Friday and left the interest rate unchanged. The People’s Bank of China (PBOC) lent 200 billion yuan ($27.46 billion) worth of one-year medium-term lending facility (MLF) loans to some
Yen on guard ahead of BOJ decision; dollar set for weekly loss
By Rae Wee SINGAPORE (Reuters) – The yen was front and centre for currency markets on Friday ahead of a Bank of Japan (BOJ) policy decision where it is all but certain to raise interest rates, while the dollar was headed
UK consumer morale sinks to lowest since late 2023: GfK survey
(Reuters) – British consumer confidence sank this month to its lowest level in over a year, marking the steepest drop between the months of December and January since 2011, according to a survey that added to signs of a slowdown