G7 finance chiefs agree on Russian oil price cap but level not yet set
By David Lawder and Christian Kraemer (Reuters) -Group of Seven finance ministers agreed on Friday to impose a price cap on Russian oi..
NEWS
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Stress test backs extending lifespan of two German nuclear plants: sources
By Markus Wacket BERLIN (Reuters) -A power grid stress test has shown that extending the lifespan of two of Germany’s nuclear po..
NEWS
Euro zone yields fall as US payrolls seen easing rate-hike pressure
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Euro zone government bond yields fell on Friday, falling in line with U.S. pee..
INVESTING
Fed’s job-friendly ‘soft landing’ hinges on history not repeating
By Howard Schneider (Reuters) – Federal Reserve officials have acknowledged that the battle against inflation will be paid for w..
NEWS
WhatsApp bans 2.4 million Indian accounts in July – monthly report
BENGALURU (Reuters) – WhatsApp banned 2.39 million Indian accounts in July, the highest so far this year, the Meta-owned popular..
NEWS
Starbucks taps head of Lysol maker Reckitt as its new CEO
NEW YORK (Reuters) -Starbucks Corp on Thursday named Laxman Narasimhan as its next chief executive officer, choosing an executive cred..
NEWS
Philips subsidiary to pay over $24 million for alleged false claims for medical equipment
By Kanishka Singh WASHINGTON (Reuters) -A subsidiary of Dutch medical device maker Philips has agreed to pay over $24 million to resol..
NEWS
What is expected of leaders in the age of automation?
By Chris Underwood, MD at Adastrum Consulting, executive search and leadership development specialists Automation, machin..
BUSINESS
Tracking the payments evolution
By Kosta Du, CEO of Dapio It is predicted that by 2031, only one in every twenty transactions will be made in cash. The pandem..
FINANCE
Gorbachev died shocked and bewildered by Ukraine conflict – interpreter
By Andrew Osborn MOSCOW (Reuters) -Mikhail Gorbachev, the last Soviet leader, was shocked and bewildered by the Ukraine conflict in th..
NEWS
Sterling slides below $1.15 for first time since 2020
By Tom Wilson and Samuel Indyk LONDON (Reuters) -Sterling skidded against the dollar on Thursday to its lowest level since March 2020 ..
NEWS
EU regulator backs two Omicron-adapted COVID boosters
By Natalie Grover and Ludwig Burger (Reuters) -The European Union’s drug regulator on Thursday backed two separate COVID-19 vacc..
NEWS
High inflation is bad for UK productivity – BoE’s Mann
LONDON (Reuters) – Britain’s very high inflation risks distracting businesses from the longer-term decisions needed to boo..
NEWS
Euro zone economy faces growing risk of recession, survey shows
By Jonathan Cable LONDON (Reuters) – Manufacturing activity across the euro zone declined again last month as consumers feeling ..
NEWS
New U.S. rules on EV subsidies slam Hyundai, Kia’s dreams
By Heekyong Yang and Ben Klayman SEOUL/DETROIT (Reuters) -After grabbing the No. 2 spot in the U.S. electric vehicle market with styli..
NEWS
Kosovo pushes ahead with car licensing rule resisted by Serbs
JARINJE, Kosovo (Reuters) -Dozens of U.S. NATO peacekeepers patrolled northern Kosovo on Thursday to preserve calm after Pristina anno..
NEWS
First year of N.Ireland protocol required 1 million customs declarations
DUBLIN (Reuters) – Over 10,000 firms completed one million customs declarations to move goods from Britain into Northern Ireland..
NEWS
Tennis-Williams retirement on hold after win over world number two
By Steve Keating NEW YORK (Reuters) -Playing more like a world number one than a player ranked outside the top 600, Serena Williams tu..
NEWS
UK factories suffer worst month since May 2020 as economy stumbles – PMI
LONDON (Reuters) – British manufacturing output and new orders fell by the most in more than two years in August in the face of ..
NEWS
London stocks fall 1% on weak global growth outlook
By Johann M Cherian and Bansari Mayur Kamdar (Reuters) -UK’s FTSE 100 index fell sharply on Thursday as mining stocks dragged th..
NEWS
Australia’s property downturn puts home buyers in double mortgage bind
By Byron Kaye SYDNEY (Reuters) -Australia’s housing market downturn is squeezing many home sellers into a double bind: They̵..
NEWS
Boeing expects MAX 7 to be certified before MAX 10 – executive
NEW DELHI (Reuters) -Boeing Co expects the 737 MAX 7 will be certified by the end of the year and the larger MAX 10 in the first half ..
NEWS
After long drought, China plots ambitious water infrastructure push
By David Stanway SHANGHAI (Reuters) – After a record heatwave parched large areas of the Yangtze basin, Chinese provinces are pl..
NEWS
Volkswagen’s Mexico factory workers reject union pay deal
MEXICO CITY (Reuters) – Volkswagen workers at its main Mexico factory rejected a deal for a 9% pay hike, an official statement s..
NEWS
Standard Chartered rolls out digital bank in hot Singapore market
SINGAPORE (Reuters) – Standard Chartered and FairPrice Group on Thursday rolled out their digital bank focusing on SingaporeR..
NEWS
UK house prices speed up but slowdown coming, Nationwide says
LONDON (Reuters) – British house prices rose at a faster monthly pace in August than in July but the market is set to cool as su..
NEWS
Marketmind: Moment in the sun
A look at the day ahead in European and global markets from Tom Westbrook Summer may be finished, but the hot sun is helping energy pr..
NEWS
Amazon introduces seller storage service to tackle supply chain woes
(Reuters) – Amazon.com Inc introduced a new service on Wednesday to help its sellers store bulk inventory and ease distribution ..
NEWS
Exclusive-Naftogaz CEO prepared to step down if it would facilitate debt deal
By Andrea Shalal KYIV (Reuters) – The head of state-run Ukranian energy company Naftogaz is ready to step down if it would help ..
NEWS
Global body urges EU to make company life simpler by aligning climate reporting
By Huw Jones LONDON (Reuters) – The European Union should make extra time to align its policies with international rules on repo..
NEWS
Botswana awards Norway’s Scatec first large-scale solar plant contract
GABORONE (Reuters) – State-owned Botswana Power Corporation (BPC) has awarded Norwegian company Scatec ASA a contract to build a..
NEWS
French sugar makers to start output early as energy curbs loom
By Sybille de La Hamaide PARIS (Reuters) -France’s two largest sugar makers Tereos and Cristal Union will bring forward the star..
NEWS
Hackers hit Italian oil company Eni’s computer networks
(Reuters) -Italian oil company Eni’s computer networks were hacked in recent days but the consequences appear to be minor so far..
NEWS
Russia jobless rate stays at record low of 3.9% in July
MOSCOW (Reuters) – The number of people unemployed in Russia was 2.9 million in July, or 3.9% of the workforce, with the jobless..
NEWS
Barclays announces sale of remaining shares in South Africa’s Absa
LONDON (Reuters) – Barclays will sell its remaining 7.4% stake in South African bank Absa, it said on Wednesday, completing its ..
NEWS
Can companies minimise their dependency on cloud service providers?
By Rob Otto, Field CTO EMEA at Ping Identity In the first three months of 2022 alone there were 266 security incidents, re..
TECHNOLOGY
Income diversification is not just the future: it is now
By Ali Hamriti, Co-Founder and CEO at Rollee As the “self-employed status” is booming, younger generations have embr..
FINANCE