News

* Shares close 5% lower (Updates after company says founders to sell part of stakes)

Germans say UK media has misinterpreted chancellor’s stance on Irish backstop

The U.S. Federal Reserve wanted to do two things when it cut rates for the first time in a decade last month: Support the economy and spark inflation expectations.

Wells Fargo & Co will pay the Navajo Nation $6.5 million to settle a lawsuit over "predatory and unlawful practices" by the bank, the Native American tribe said on Thursday.

* Spanish banks rise on bullish HSBC note (Recasts throughout, changes comments, updates to close)

* London markets will be shut on Aug. 26 for Summer bank holiday (Adds news items, analyst comment, updates to closing prices)

Medicare experts often advise enrollees to re-shop their plan coverage during the annual fall open enrollment period. This is the time when you can make unlimited changes to your prescription drug or Medicare Advantage coverage, and shopping the market can help you save money and make sure you get a...

Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the summer sowing season window closed, Indian farmer Babasaheb Mandlik ran out of choices - he pawned his wife's gold jewellery.

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Nasdaq's commodities exchange plans to launch its day-ahead auction market for electricity in Germany, France and the Nordics around April 2020, its head of European Commodities told Reuters on Thursday.

Estonia is planning to allow savers to unlock 4 billion euros ($4.43 billion) in funds from its state pension scheme from the start of 2021, its Finance Minister Martin Helme said on Thursday.