All Posts

Euro zone business activity contracted again in Aug, outlook bleak

Euro zone business activity contracted again in Aug, outlook bleak

By Jonathan Cable LONDON (Reuters) -Business activity across the euro zone contracted for a second straight month in August as the cos..

German bond yields at new highs after stronger-than-expected PMIs

German bond yields at new highs after stronger-than-expected PMIs

By Yoruk Bahceli (Reuters) – German bond yields rose on Tuesday to new multi-week highs after data showed euro zone business act..

Apple plans to cut iPhone 14 production lag between China, India – Bloomberg

Apple plans to cut iPhone 14 production lag between China, India – Bloomberg

(Reuters) – Apple Inc plans to start making the iPhone 14 in India about two months after its release out of China, in a move th..

Europe facing its worst drought in 500 years – study

Europe facing its worst drought in 500 years – study

By Philip Blenkinsop BRUSSELS (Reuters) – Europe is facing its worst drought in at least 500 years, with two-thirds of the conti..

Exclusive-Allianz in talks with banks for China asset management venture -sources

Exclusive-Allianz in talks with banks for China asset management venture -sources

By Samuel Shen and Selena Li HONG KONG (Reuters) – Allianz SE is in talks with Chinese banks to set up a majority-owned asset ma..

New Research from impact.com Shows Shifting Power Dynamic that Puts Influencers at the Centre of the Brand-Consumer Relationship

New Research from impact.com Shows Shifting Power Dynamic that Puts Influencers at the Centre of the Brand-Consumer Relationship

Sponsored Feature Presented by impact impact.com, in partnership with WARC, examines how the pandemic-driven growth of influencer mark..

Adnami secures series A funding from QNTM Group

Adnami secures series A funding from QNTM Group

Sponsored Feature Presented by Adnami The investment is designed to accelerate Adnami’s steep growth trajectory as it continues to rev..

Hungary pledges legal changes to secure EU recovery funding – govt

Hungary pledges legal changes to secure EU recovery funding – govt

By Krisztina Than and Gabriela Baczynska BUDAPEST (Reuters) – Hungary will amend by the end of October several laws criticised b..

UK to manage water resources carefully as drought continues

UK to manage water resources carefully as drought continues

LONDON (Reuters) -Britain will need to continue to manage water resources carefully over the coming months following the driest summer..

EDF’s minority shareholders scramble to challenge nationalisation price

EDF’s minority shareholders scramble to challenge nationalisation price

By Julien Ponthus PARIS (Reuters) – Minority shareholders in EDF are accelerating their efforts to challenge the price set for t..

ECB must be prudent with rates hikes as recession risk rises: Panetta

ECB must be prudent with rates hikes as recession risk rises: Panetta

MILAN (Reuters) -The European Central Bank must exercise caution with further rate hikes as a looming recession could ease inflationar..

Record number of migrants arrive in Britain by boat on a single day

Record number of migrants arrive in Britain by boat on a single day

By Andrew MacAskill LONDON (Reuters) -The number of migrants arriving in Britain in small boats hit a record for a single day on Monda..

China battles forest fires as fears linger over harvest

China battles forest fires as fears linger over harvest

SHANGHAI (Reuters) -The southwestern Chinese regions of Chonqging and Sichuan were battling fires on Tuesday as they awaited a long-an..

Euro zone business activity contracted again in Aug, outlook bleak

Euro zone business activity contracted again in Aug, outlook bleak

By Jonathan Cable LONDON (Reuters) -Business activity across the euro zone contracted for a second straight month in August as the cos..

German investor Kuehne does not plan to further boost Lufthansa stake – FAZ

German investor Kuehne does not plan to further boost Lufthansa stake – FAZ

BERLIN (Reuters) – German logistics entrepreneur Klaus-Michael Kuehne is not planning to increase his stake in Lufthansa beyond ..

Apple plans to make iPhone 14 in India amid China woes – Bloomberg News

Apple plans to make iPhone 14 in India amid China woes – Bloomberg News

(Reuters) -Apple Inc plans to start manufacturing iPhone 14 in India as the U.S. tech giant seeks alternatives to China after Xi admin..

Japan weighs relaxing border rules on COVID -media

Japan weighs relaxing border rules on COVID -media

By Rocky Swift and Elaine Lies TOKYO (Reuters) – Japan may lift requirements for pre-departure COVID-19 tests for travellers and..

Germany’s Uniper to restart coal-fired power plant as Gazprom halts supply to Europe

Germany’s Uniper to restart coal-fired power plant as Gazprom halts supply to Europe

(Reuters) -German utility Uniper SE on Monday said it will start producing electricity for the market at its Heyden 4 hard-coal-fired ..

Ben & Jerry’s loses bid to halt sales in West Bank

Ben & Jerry’s loses bid to halt sales in West Bank

By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday rejected Ben & Jerry’s attempt to stop i..

McLaren to enter India market later this year

McLaren to enter India market later this year

(Reuters) – British sportscar maker McLaren said on Monday it was entering the Indian market, with its first retail outlet set t..

The rise in embedded financial products:  is the new norm of banking?

The rise in embedded financial products:  is the new norm of banking?

    By Rivo Uibo, Co-Founder and CBO at Tuum   Embedded Efficiency We have recently seen a rise in the dem..

Taking Tax to New Heights: Why it makes sense to transition your tax to the cloud 

Taking Tax to New Heights: Why it makes sense to transition your tax to the cloud 

By Russell Gammon, Chief Solutions Officer at Tax Systems Over the past decade, cloud technologies have come of age. Man..

Dollar higher on risk aversion; euro revisits parity

Dollar higher on risk aversion; euro revisits parity

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar rose across the board on Monday, briefly driving the euro back below parity, ..

Rouble eases from near 4-week high vs dollar, firms vs euro

Rouble eases from near 4-week high vs dollar, firms vs euro

MOSCOW (Reuters) -The Russian rouble pulled back from last week’s near four-week high against the dollar on Monday but held near..

Plan to improve German rail transport may worsen congestion, industry warns

Plan to improve German rail transport may worsen congestion, industry warns

BERLIN (Reuters) – Germany is set to make rail transport for power plants and refineries a priority this week to ensure supply, ..

Apple expands self-repair support to MacBooks

Apple expands self-repair support to MacBooks

(Reuters) – Apple Inc said on Monday it would offer customers tools and know-how to repair and service their MacBook laptops at ..

Prince William and Kate’s children to start new school near Windsor

Prince William and Kate’s children to start new school near Windsor

LONDON (Reuters) – The three young children of Britain’s Prince William and his wife Kate are to start at a new school nex..

Analysis: As drought risks rise, investors eye thirsty companies, solutions

Analysis: As drought risks rise, investors eye thirsty companies, solutions

By Cole Horton, Ross Kerber and Simon Jessop NEW YORK/LONDON (Reuters) – As droughts worsen across the world, investors are turn..

Orban tightens hold over telco sector as Vodafone sells Hungarian unit

Orban tightens hold over telco sector as Vodafone sells Hungarian unit

LONDON/BUDAPEST (Reuters) – Britain’s Vodafone will sell its Hungarian business for 715 billion forints ($1.8 billion) in ..

TotalEnergies, Eni announce major Cyprus gas find

TotalEnergies, Eni announce major Cyprus gas find

By Juliette Portala and Tassilo Hummel PARIS (Reuters) – TotalEnergies of France and Italy’s Eni on Monday announced a sig..

Factbox-Big banks expected to rack up more than $1 billion in fines for WhatsApp use

Factbox-Big banks expected to rack up more than $1 billion in fines for WhatsApp use

By Angelique Chen (Reuters) – Banking giants such as JPMorgan Chase & Co and Bank of America collectively face more than $1 ..

Britain’s cost of living crisis sends sterling to lowest since mid-July

Britain’s cost of living crisis sends sterling to lowest since mid-July

By Joice Alves LONDON (Reuters) – Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy cost..

Factbox-What impact will strike at Britain’s busiest container port have?

Factbox-What impact will strike at Britain’s busiest container port have?

LONDON (Reuters) – More than 1,900 workers at Britain’s biggest container port, Felixstowe, have begun eight days of strik..

Gas crisis sends euro back below parity against dollar

Gas crisis sends euro back below parity against dollar

By Dhara Ranasinghe and Joice Alves LONDON (Reuters) – The euro briefly fell back below parity against a robust dollar on Monday..

Traders cut Ukraine 2022 combined grain and oilseeds crop forecast

Traders cut Ukraine 2022 combined grain and oilseeds crop forecast

KYIV (Reuters) -Grain traders union UGA on Monday cut Ukraine’s 2022 combined grain and oilseeds crop forecast to 64.5 million t..

UK economy shrank record 11% in 2020, worst since 1709

UK economy shrank record 11% in 2020, worst since 1709

LONDON (Reuters) – Britain recorded its biggest fall in output in more than 300 years in 2020 when it faced the brunt of the COV..

Shares slip, dollar dominates as recession looms

Shares slip, dollar dominates as recession looms

By Lawrence White LONDON (Reuters) – European shares slumped to month-long lows, oil prices fell and the dollar surged on Monday..