China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft
By Mathieu Rosemain, Tassilo Hummel and Julie Zhu PARIS/HONG KONG (Reuters) -Tencent Holdings Ltd is raising its stake in Ubisoft Ente..
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Ireland to turn heat down in public buildings, shut empty office floors
DUBLIN (Reuters) – Ireland will turn the heating down in public buildings and ask public sector office employees to work on the ..
NEWS
Transport operator Go-Ahead flags cyber security breach
LONDON (Reuters) – British transport operator Go-Ahead said that it had detected “unauthorised activity” on its netw..
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Exclusive-Repsol agrees to sell Alberta oil assets to CPPIB backed-Teine Energy -sources
By Shariq Khan (Reuters) – Repsol SA has agreed to sell about 95,000 net acres (38,000 hectares) of oil and gas producing land i..
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Ferragamo sales beat forecasts in H1 despite slowdown in China
MILAN (Reuters) -Revenues at Italian luxury group Salvatore Ferragamo topped market forecasts in the first half of the year despite a ..
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Europe power firms need 1.5 trillion euros in margin calls, Equinor says
By Marwa Rashad LONDON (Reuters) -European energy companies need at least 1.5 trillion euros ($1.5 trillion) to cover the cost of thei..
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Factbox-Europe’s travel disruption set to continue as summer ends
(Reuters) – Strikes and staff shortages have forced airlines to cancel thousands of flights to avoid hours-long queues at major ..
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Britain’s Lloyds racks up $350 million of likely scam COVID loans
By Lawrence White and Iain Withers LONDON (Reuters) -Lloyds Banking Group has been hit by more than 300 million pounds ($348 million) ..
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Low-carbon bitcoin? Crypto miners’ green power talk angers Texas locals
By Avi Asher -Schapiro CORSICANA, Texas (Thomson Reuters Foundation) – As temperatures crept above 100 degrees Fahrenheit (37.8C..
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Factbox-Hurdles for Germany’s planned nuclear winter reserve
(Reuters) – Germany wants to keep two southern nuclear plants, Isar 2 and Neckarwestheim 2 open in reserve mode beyond their sch..
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Volkswagen’s Antlitz: no comment on valuation of Porsche listing
BERLIN (Reuters) – Volkswagen Chief Financial Officer Arno Antlitz would not comment on what the valuation of a Porsche listing ..
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Norsk Hydro keeps some aluminium capacity offline due to weaker demand
OSLO (Reuters) – Norwegian aluminium maker Norsk Hydro is keeping a small portion of its capacity in Norway offline after mainte..
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Binance to convert users’ USD Coin into its own stablecoin
By Shivani Tanna and Elizabeth Howcroft (Reuters) -Binance, the world’s largest crypto exchange, said on Monday it will automati..
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Siemens Energy to rejoin Germany’s blue-chip DAX, HelloFresh to exit
FRANKFURT (Reuters) – Germany’s Siemens Energy will rejoin the nation’s premier DAX stock index, while the meal-kit ..
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Ireland fines Instagram a record $400 million over children’s data
DUBLIN (Reuters) -Ireland’s data privacy regulator has agreed to levy a record fine of 405 million euros ($402 million) against ..
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SAP boosts brand awareness using GumGum’s high impact ad formats and VerityTM, GumGum’s advanced contextual targeting solution
Sponsored Feature Presented by GumGum London, UK, 6th September 2022: GumGum, a contextual-first global digital advertising platform, ..
BUSINESS
UniCredit sets out $8 billion aid package for Italy clients hit by surging prices
By Valentina Za MILAN (Reuters) -Italy’s second-biggest bank, UniCredit, on Monday unveiled a set of measures worth up to 8 bill..
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Risk of UK balance of payments crisis under Truss is rising, Deutsche Bank warns
LONDON (Reuters) – The risk of a UK balance of payment crisis “should not be underestimated” under a Liz Truss gover..
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Germany heading for recession despite new relief plan – economists
BERLIN (Reuters) – Germany, Europe’s largest economy, is still on course for a recession even with a new government plan t..
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Saudi snitching app turns citizens into social media police
By Nazih Osseiran BEIRUT (Thomson Reuters Foundation) – A Saudi app that lets ordinary people “play the role of a police o..
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German new passenger car registrations up 3% in August – industry source
(Reuters) – German new passenger car registrations rose 3% in August to nearly 200,000 vehicles, an industry source said on Mond..
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Norway on track for record gas export, will be ready for winter -Gassco CEO
By Nora Buli STAVANGER, Norway (Reuters) – Norway’s gas export system is set to deliver record volumes of energy to Europe..
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Euro zone business activity contracted again in August -PMI
LONDON (Reuters) – Euro zone business activity contracted for a second month in August as demand sank, with customers wary of th..
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Yamal-Europe eastward gas flows resume as Nord Stream lays idle
(Reuters) -Eastbound natural gas flows via the Yamal-Europe pipeline to Poland from Germany resumed on Sunday, pipeline operator data ..
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TF1 to take action against Vivendi’s Canal+ over decision to stop airing its programmes
PARIS (Reuters) -French television group TF1 will take action against Vivendi’s pay TV unit Canal+ over a decision to no longer ..
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Myanmar junta chief makes another visit to Russia
(Reuters) – Myanmar’s junta leader was on a visit to Russia on Monday, his second trip there in less than two months, as M..
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Factbox-Government measures to ease inflation pain
(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine have c..
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Czech interest rates already at high level, central bank governor says
PRAGUE (Reuters) – Czech interest rates are already at a high level that is dampening domestic demand pressures, central bank Go..
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Evergrande winding-up lawsuit in Hong Kong adjourned to Nov 7
HONG KONG (Reuters) – Hong Kong’s High Court approved on Monday an application by China Evergrande Group and its major off..
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JPMorgan readies overseas retail expansion with German hiring spree
By Marta Orosz and Tom Sims FRANKFURT (Reuters) – JPMorgan plans to hire a team of retail bankers in Germany as the biggest U.S...
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Analysis-Nickel meltdown puts spotlight on LME’s search powers
By Pratima Desai LONDON (Reuters) – Stung by an epic crisis in nickel trading, the London Metal Exchange is ushering in new rule..
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Asia shares ease, euro slugged by energy crisis
By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday while the euro took a fresh spill after Russia shut a major gas ..
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Soccer-Rashford, Antony score as Man United end Arsenal’s 100% start
By Simon Evans MANCHESTER, England (Reuters) -Marcus Rashford struck twice as Manchester United made it four wins in a row and ended A..
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Belgian motorists beat fuel inflation with cross-border trips to France
HALLUIN, France (Reuters) – French government support for gasoline prices has led to long queues of cars from Belgium queuing at..
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Incoming Starbucks boss to bring consumer insight to coffee culture
By Richa Naidu LONDON (Reuters) -Laxman Narasimhan may have no experience of running coffee shops, but the outgoing CEO of British pac..
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European shares end five-day losing streak, still down for the week
By Anisha Sircar and Shreyashi Sanyal (Reuters) – European stocks rose 2% on Friday, clocking gains for the first time in six da..
INVESTING
British port workers plan two-week strike from Sept. 19
LONDON (Reuters) -More than 560 dockworkers at the Port of Liverpool, one of Britain’s largest container docks, will go on strik..
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