NEWS

After rescue by Open Arms, 99 migrants wait to dock in Europe

After rescue by Open Arms, 99 migrants wait to dock in Europe

By Juan Medina ABOARD THE OPEN ARMS UNO, off Sicily (Reuters) – Around 30 nautical miles off the coast of Italy’s Sicily, ..

Novartis to spin off generics business Sandoz next year

Novartis to spin off generics business Sandoz next year

By Natalie Grover ZURICH/LONDON (Reuters) -Novartis plans to spin off its underperforming generics unit Sandoz to sharpen its focus on..

Germany signs deal to give ownership of Benin Bronzes to Nigeria

Germany signs deal to give ownership of Benin Bronzes to Nigeria

BERLIN (Reuters) – Germany signed an agreement on Thursday to transfer ownership to Nigeria of the Benin Bronzes, among Africa&#..

Citigroup says will close Russian consumer, commercial business

Citigroup says will close Russian consumer, commercial business

By Lananh Nguyen (Reuters) -Wall Street giant Citigroup Inc will close its consumer and commercial banking businesses in Russia starti..

French wheat protein slips further in latest harvest results

French wheat protein slips further in latest harvest results

PARIS (Reuters) – Nearly complete quality results from France’s soft wheat harvest showed slightly weaker protein levels t..

Looks aren’t everything – British supermarkets to stock misshapen fruit amid drought

Looks aren’t everything – British supermarkets to stock misshapen fruit amid drought

By Sachin Ravikumar LONDON (Reuters) – Two British supermarket chains will stock bent carrots and other misshapen fruit and vege..

Fortum says rising costs of Nordic power trading are “worrying”

Fortum says rising costs of Nordic power trading are “worrying”

By Anne Kauranen HELSINKI (Reuters) – Finnish utility Fortum on Thursday said low liquidity and high price volatility have creat..

Europe’s Wizz Air considering a Saudi operating license

Europe’s Wizz Air considering a Saudi operating license

RIYADH (Reuters) -European budget carrier Wizz Air is considering basing an airline in Saudi Arabia as part an agreement signed with t..

Oil firms must step up exploration off Norway to unlock potential -NPD

Oil firms must step up exploration off Norway to unlock potential -NPD

By Nerijus Adomaitis OSLO (Reuters) – Oil companies in Norway must increase their exploration activity in remote regions like th..

Ukraine war, energy crisis send German business sentiment to lowest level since June 2020

Ukraine war, energy crisis send German business sentiment to lowest level since June 2020

By Miranda Murray BERLIN (Reuters) -German business morale in August fell to its lowest reading since June 2020 amid high uncertainty ..

Sterling rises 0.5% as dollar takes a breather

Sterling rises 0.5% as dollar takes a breather

By Samuel Indyk LONDON (Reuters) – Sterling recouped some losses against the dollar on Thursday but was still languishing near a..

FTSE 100 rebounds on energy, earnings lift

FTSE 100 rebounds on energy, earnings lift

By Johann M Cherian and Sruthi Shankar (Reuters) -London’s blue-chip stock index bounced off two-week closing lows on Thursday, ..

EU to urge big polluters to toughen climate pledges by COP27 summit – draft

EU to urge big polluters to toughen climate pledges by COP27 summit – draft

By Kate Abnett BRUSSELS (Reuters) – The European Union will urge the world’s biggest economies to improve their targets to..

Energy stocks boost European shares ahead of ECB minutes

Energy stocks boost European shares ahead of ECB minutes

By Anisha Sircar (Reuters) -European shares firmed on Thursday on a boost from oil stocks ahead of minutes from the last policy meetin..

Sony hikes PS5 price on economic pressures, rising rates

Sony hikes PS5 price on economic pressures, rising rates

By Sam Nussey TOKYO (Reuters) -Sony Group Corp said on Thursday it was hiking the price of its PlayStation 5 games console in markets ..

New UK PM must be radical to stop power bill catastrophe – think tank

New UK PM must be radical to stop power bill catastrophe – think tank

By Humza Jilani LONDON(Reuters) -Britain’s next prime minister must adopt radical ideas – such as discounted power tariffs..

Shell Energy to pay for overcharging price cap customers -Ofgem

Shell Energy to pay for overcharging price cap customers -Ofgem

(Reuters) -Shell Plc’s UK retail energy business has to pay 536,970 pounds ($635,181) for overcharging some customers on its def..

Rouble steadies near 60 vs dollar; TCS, M.Video shares down after results

Rouble steadies near 60 vs dollar; TCS, M.Video shares down after results

MOSCOW (Reuters) – The Russian rouble stabilised near 60 against the dollar on Thursday, lacking new momentum, while shares in T..

Google to roll out anti-disinformation campaign in some EU countries

Google to roll out anti-disinformation campaign in some EU countries

By Supantha Mukherjee STOCKHOLM (Reuters) -Google’s Jigsaw subsidiary will launch a campaign next week to tackle disinformation ..

Hedge funds suffer big outflows in Q2 – data

Hedge funds suffer big outflows in Q2 – data

By Nell Mackenzie LONDON (Reuters) – Investors yanked a net $7.8 billion out of hedge funds in the second quarter, industry data..

White Bullet releases Ad Funded Piracy Report for World Intellectual Property Organisation (WIPO)

White Bullet releases Ad Funded Piracy Report for World Intellectual Property Organisation (WIPO)

Sponsored Feature Presented by White Bullet The cybersecurity company’s long-standing partnership with the UN agency is designed to he..

France’s Schneider considers full buyout of AVEVA

France’s Schneider considers full buyout of AVEVA

By Sudip Kar-Gupta and Supantha Mukherjee PARIS (Reuters) -French industrial conglomerate Schneider is considering buying out minority..

Greece’s Aegean Airlines in code sharing deal with Emirates

Greece’s Aegean Airlines in code sharing deal with Emirates

ATHENS (Reuters) – Greece’s largest carrier Aegean Airlines said on Wednesday it had struck a so-called code sharing agree..

German exporters pinched by 70-billion-euro price squeeze – DIHK

German exporters pinched by 70-billion-euro price squeeze – DIHK

By Rene Wagner BERLIN (Reuters) – German exporters are in an “extreme price squeeze” and incurred extra costs of 70 ..

Ford delays Spanish investments, citing ‘revised outlook for Europe’

Ford delays Spanish investments, citing ‘revised outlook for Europe’

By Joan Faus BARCELONA (Reuters) -Ford said on Wednesday it is delaying its production investments in Spain, citing a “revised o..

Exclusive-Tinder-owner Match ups antitrust pressure on Apple in India with new case

Exclusive-Tinder-owner Match ups antitrust pressure on Apple in India with new case

By Aditya Kalra NEW DELHI (Reuters) – Tinder-owner Match Group has filed an antitrust case against Apple with the competition re..

Russian stocks to pare some heavy losses by year-end – Reuters poll

Russian stocks to pare some heavy losses by year-end – Reuters poll

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) By Andrey Ostroukh MO..

Soccer-Everton edge Fleetwood in League Cup for first win of season, Fulham out

Soccer-Everton edge Fleetwood in League Cup for first win of season, Fulham out

LONDON (Reuters) -Everton avoided any slip-up as they beat third-tier Fleetwood Town 1-0 in the League Cup second round to claim their..

Single broadband network is ‘right step’ for Italy, Vivendi says

Single broadband network is ‘right step’ for Italy, Vivendi says

MILAN (Reuters) -Creating a single broadband network is “the right step” for Italy, Telecom Italia’s (TIM) biggest i..

Nissan to cease producing cylinder heads for Renault from 2024

Nissan to cease producing cylinder heads for Renault from 2024

PARIS (Reuters) – Nissan said it would stop production of cylinder heads for French car maker Renault at its plant in Sunderland..

Exclusive-Norway eyes high gas output until 2030, says energy minister

Exclusive-Norway eyes high gas output until 2030, says energy minister

By Nora Buli and Nerijus Adomaitis OSLO (Reuters) – Norway plans to maintain its current high gas production level until the end..

World at rising risk of recession as inflation hits consumers

World at rising risk of recession as inflation hits consumers

By Jonathan Cable LONDON (Reuters) – The global economy is increasingly at risk of sliding into recession, surveys showed on Tue..

Dollar slides on contraction in private sector activity

Dollar slides on contraction in private sector activity

By Dhara Ranasinghe LONDON (Reuters) – The dollar pulled back from a fresh two-decade high against the euro on Tuesday after a r..

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..