Germany to lower sales tax on gas to 7% in bid to relieve consumers
BERLIN (Reuters) – Germany will lower the sales tax on gas to 7% in an effort to cushion the blow of additional charges being pl..
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Yangtze tributary runs dry as China faces another month of drought
By Thomas Suen and David Stanway CHONGQING/SHANGHAI (Reuters) -Residents living near a tributary of the Yangtze river in the southwest..
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Analysis-U.S. retail traders pile back into options as meme-stock mania flares
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Speculative options trading is on the rise again among individual investors alongside ..
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Navigating Risk in the Cryptoverse
Disclaimer Sponsored Feature presented by D2 Legal Technology – The opinion expressed here is not investment advice – it is prov..
INVESTING
Adverty and Yazle announce exclusive in-game ad partnership in MENA region
Sponsored Feature Presented by Adverty Adverty, the leading in-game advertising provider and multi-patent-holding creator of Metavers..
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Soccer-European revenues rise 10% in 2020-21 despite COVID
LONDON (Reuters) – European soccer revenues grew by 10% in the 2020-21 season despite most an almost total lack of fans in stadi..
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Australia’s top court finds Google not liable for defamation
SYDNEY (Reuters) – Australia’s highest court overturned on Wednesday a ruling that had found Google engaged in defamation ..
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U.S., European banks could lose over $5 billion from risky buyout loans
By Saeed Azhar, Anirban Sen and Davide Barbuscia NEW YORK (Reuters) -Top U.S. and European banks are facing tougher times in the riski..
NEWS
Hospitality needs to join the contactless revolution
Why hospitality has to adapt to tech savvy guests demanding flexibility By Carsten Wernet, Chief Executive at SIHOT hotel..
TECHNOLOGY
India eases Russian oil buying in July, boosts Saudi imports -trade
By Nidhi Verma NEW DELHI (Reuters) – India’s crude oil imports from Russia in July fell for the first time since March alo..
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Russian Urals crude oil prices jump ahead of EU embargo
By Julia Payne LONDON (Reuters) – Russia’s key crude oil grade, Urals, has been trading at levels not seen in Europe since..
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China’s Tencent reports first revenue drop as gaming regulations and COVID-19 bite
By Josh Ye HONG KONG (Reuters) -China’s Tencent Holdings suffered its first ever quarterly sales fall on Wednesday, hurt by a go..
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Spot prices up on less solar, rising French demand
PARIS (Reuters) – European spot power contracts rose on Wednesday, as solar supply in Germany is expected to fall while demand i..
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Norway’s wealth fund loses record $174 billion in first half of 2022
By Victoria Klesty OSLO (Reuters) -Norway’s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillio..
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Analysis-China central bank, under pressure to ease, is hemmed-in by inflation, Fed jitters
By Kevin Yao BEIJING (Reuters) – China’s central bank is set to take more easing steps, pressured by a shaky economy that ..
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European bourses steady as focus remains on key economic data
By Anisha Sircar (Reuters) – European shares on Wednesday were little changed amid persisting recession fears, with investors ey..
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FTSE 100 subdued as UK inflation hits double digits
By Sruthi Shankar and Johann M Cherian (Reuters) -UK’s FTSE 100 was muted on Wednesday after data showed inflation hit double di..
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Cineworld plunges as lack of blockbusters adds to debt woes
By Pushkala Aripaka (Reuters) -Cineworld warned on Wednesday a lack of big-budget movies was hitting admissions and would likely persi..
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Exclusive-China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources
SHANGHAI (Reuters) -China’s EVE Energy Co Ltd will supply BMW with large cylindrical batteries for its electric cars in Europe, ..
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Norway’s wealth fund loses $174 billion in first half of 2022
By Victoria Klesty OSLO (Reuters) – Norway’s sovereign wealth fund, the world’s largest, made a loss of 1.68 trillio..
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Fiat Republic, the specialist BaaS platform that bridges web3 and banks, announces the appointment of two industry experts as Non-Executive Directors to the board of its Dutch subsidiary.
ADVERT: Disclaimer – This article is an ADVERT. The opinion expressed here is not investment advice – it is provided for informa..
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Rohingya refugees in India’s capital to be given flats, security
By Krishna N. Das NEW DELHI (Reuters) -Rohingya refugees from Myanmar in India’s capital will be allotted apartments and provide..
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Analysis: Action wanes at U.N. to isolate Russia almost six months into Ukraine war
By Michelle Nichols and Emma Farge UNITED NATIONS/GENEVA (Reuters) – On a June night under the chandeliers of Russia’s Uni..
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London set for hosepipe ban from Aug. 24 – water company
LONDON (Reuters) – Thames Water, which serves customers in and around the British capital London, said on Wednesday it was banni..
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S.Korea calls for talks as N.Korea test fires missiles
By Hyonhee Shin and Soo-hyang Choi SEOUL (Reuters) – Talks with North Korea should not be for political show but contribute to e..
NEWS
NZ, Aussie dlrs have busy day, Fed minutes loom
By Alun John HONG KONG (Reuters) – The Australian and New Zealand dollars were volatile in Asia on Wednesday, before ending up b..
TRADING
Analysis-As earnings support U.S. stock rebound, worries over future profits grow
By Lewis Krauskopf NEW YORK (Reuters) – Stronger-than-expected corporate earnings have helped fuel the rebound for U.S. stocks b..
INVESTING
Analysis-Oil prices turn more volatile as investors exit the market
By Stephanie Kelly and Noah Browning NEW YORK/LONDON (Reuters) – Traders and fund managers have left crude oil markets in recent..
NEWS
UK sees biggest rise in foreign workers since COVID-19 pandemic
By David Milliken LONDON (Reuters) – Britain recorded its biggest rise in foreign workers since the start of the COVID-19 pandem..
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The journey to cloud-native: overcoming hurdles to drive modernisation and achieve long-term success
By Dwayne Natwick, Principal Cloud Security Tech Lead, Atos High street banking in the UK is waning as challenger banks c..
TECHNOLOGY
Tackling the cloud skills gap in financial services
By Sam Schofield, Chief Revenue Officer at Udacity The pandemic has brought about what McKinsey describes as a ‘quantum l..
TECHNOLOGY
European stocks rally for fifth day as defensives, miners climb
By Sruthi Shankar (Reuters) -European shares extended gains for a fifth straight session on Tuesday, buoyed by defensive sectors and m..
INVESTING
Russia says ‘no need’ to use nuclear weapons in Ukraine
MOSCOW (Reuters) – Russia has “no need” to use nuclear weapons in Ukraine, its defence minister said on Tuesday, des..
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Analysis-Trapped cash mangles China’s policy plans
By Samuel Shen and Brenda Goh SHANGHAI (Reuters) – China’s surprise cut in key policy rates this week highlights a dilemma..
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Britain launches trade system for developing countries
LONDON (Reuters) – Britain has launched a scheme to extend tariff cuts to hundreds of products, such as clothes and food, from d..
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Sterling little changed after mixed labour market data
By Samuel Indyk LONDON (Reuters) – The British pound was little changed on Tuesday, having briefly fallen to its lowest level in..
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UK’s hot labour market cools and inflation eats pay
By William Schomberg and David Milliken LONDON (Reuters) -Britain’s super-hot labour market showed signs of cooling in official ..
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