BUSINESS

Italy's Nexi Surprises Markets With Ambitious Goals

Nexi, Europe's biggest payment firm by volume, on Tuesday said it would increase profits more than markets expected over the next three years and generate around 2.8 billion euros ($2.7 billion) in excess cash.

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Britain’s house prices boom

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.
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