NEWS

Stocks dip, euro volatile after ECB rate hike

Stocks dip, euro volatile after ECB rate hike

By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stock markets lost ground after four straight sessions of gains, whi..

VeraViews Included on IAB Global Vendor List

VeraViews Included on IAB Global Vendor List

Advertisement London, 21st July 2022 – Verasity, an adtech company that prevents invalid traffic across digital video advertisin..

UK gives go-ahead for EDF’s Sizewell C nuclear plant construction

UK gives go-ahead for EDF’s Sizewell C nuclear plant construction

LONDON (Reuters) -Britain gave consent for the planned Sizewell C nuclear plant to be built in southeast England, the government’..

Britain counts cost of historic heatwave as 13 die

Britain counts cost of historic heatwave as 13 die

By Kate Holton and William James LONDON (Reuters) -At least 13 people have died in Britain while swimming during a spell of record-bre..

Madrid street-sweeper’s death prompts curbs on heatwave working hours

Madrid street-sweeper’s death prompts curbs on heatwave working hours

MADRID (Reuters) – The death of a Madrid street-sweeper from heat stroke has prompted companies providing the service in the Spa..

Ukraine seeks debt payment freeze as war ravages economy

Ukraine seeks debt payment freeze as war ravages economy

By Natalia Zinets and Marc Jones KYIV/LONDON (Reuters) – Ukraine will ask international bondholders to agree to a 2-year delay o..

Uniper rescue plan takes shape, with price rises possible

Uniper rescue plan takes shape, with price rises possible

By Christoph Steitz and Andreas Rinke FRANKFURT (Reuters) -The German government plans to take a 30% stake in Uniper and will allow th..

UK inflation hits 9.4%, bolstering bets on big BoE rate hike

UK inflation hits 9.4%, bolstering bets on big BoE rate hike

By Andy Bruce and William Schomberg LONDON (Reuters) – Surging petrol and food prices last month pushed British inflation to its..

Royal Mail says UK business losing one million pounds a day amid union clash

Royal Mail says UK business losing one million pounds a day amid union clash

By Eva Mathews and Yadarisa Shabong (Reuters) – Royal Mail is losing one million pounds a day, the British post and parcel deliv..

Quidditch becomes quadball as sport’s bodies change name

Quidditch becomes quadball as sport’s bodies change name

LONDON (Reuters) – Quidditch, the sport inspired by the wizarding game in the “Harry Potter” books, will now be know..

EU asks countries to cut gas demand by 15% until spring

EU asks countries to cut gas demand by 15% until spring

By Kate Abnett BRUSSELS (Reuters) -The European Union set out emergency plans on Wednesday for countries to cut their gas use by 15% u..

EU says full Russian gas halt would slash GDP

EU says full Russian gas halt would slash GDP

By Kate Abnett BRUSSELS (Reuters) – A full cut-off of Russian gas supplies to Europe, combined with a cold winter, could reduce ..

Factbox-Who will replace UK Prime Minister Boris Johnson?

Factbox-Who will replace UK Prime Minister Boris Johnson?

By Andrew MacAskill and Kylie MacLellan LONDON (Reuters) – Three candidates are left in the contest to replace Boris Johnson as ..

Swiss brace for rolling four-hour blackouts in any energy crunch

Swiss brace for rolling four-hour blackouts in any energy crunch

ZURICH (Reuters) -Switzerland could resort to rolling four-hour regional blackouts should Europe’s energy crisis lead to winter ..

Continental beats expectations with 4.4% margin in Q2

Continental beats expectations with 4.4% margin in Q2

BERLIN (Reuters) -Continental reported better-than-expected sales of 9.4 billion euros ($9.63 billion) in the second quarter on Wednes..

Deutsche Bank names Eigendorf new chief sustainability officer

Deutsche Bank names Eigendorf new chief sustainability officer

FRANKFURT (Reuters) – Deutsche Bank said on Wednesday that it appointed Joerg Eigendorf to the role of chief sustainability offi..

Shell pay battle escalates at Prelude LNG off Australia

Shell pay battle escalates at Prelude LNG off Australia

By Sonali Paul MELBOURNE (Reuters) -Shell Plc on Wednesday told workers at its Prelude floating liquefied natural gas (FLNG) facility ..

Armani revenues up 20% in H1 after 2021 recovery

Armani revenues up 20% in H1 after 2021 recovery

MILAN (Reuters) – Italian luxury goods group Armani posted a 20% increase in sales at constant currencies in the first half, aft..

Wickremesinghe, a wily political survivor, elected Sri Lanka’s president

Wickremesinghe, a wily political survivor, elected Sri Lanka’s president

By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) -Ranil Wickremesinghe, a lawyer who served as Sri Lanka’s prime minis..

Barclays sets up Taiwan subsidiary, to offer brokerage services

Barclays sets up Taiwan subsidiary, to offer brokerage services

SINGAPORE (Reuters) – British bank Barclays Plc said on Wednesday it had received approval from Taiwanese authorities to set up ..

Euro zone current account deficit widens again on large energy bill

Euro zone current account deficit widens again on large energy bill

FRANKFURT (Reuters) – The euro zone’s current account deficit widened further in May as the bloc’s import bill conti..

Exit from Taiwan lifts shares of French company Carrefour

Exit from Taiwan lifts shares of French company Carrefour

PARIS (Reuters) – Shares in French food retailer Carrefour rose 3% on Wednesday after it agreed to sell its remaining 60% stake ..

Factory shutdown to hit Barry Callebaut after 9-month sales rise

Factory shutdown to hit Barry Callebaut after 9-month sales rise

By Silke Koltrowitz ZURICH (Reuters) -Barry Callebaut expects a “notable financial impact” in its fourth quarter from the ..

Air pollution surges as heatwave sweeps across Europe

Air pollution surges as heatwave sweeps across Europe

By Gloria Dickie LONDON (Reuters) – Air pollution is spiking across Britain, France, and southern Europe amid record-breaking te..

Russia strikes cities across Ukraine, gas supplies in focus

Russia strikes cities across Ukraine, gas supplies in focus

By Tom Balmforth and Max Hunder KYIV (Reuters) -Russian forces kept up their bombardment of cities across Ukraine, with intense shelli..

ECB weighs bigger rate hike with safety net for indebted countries

ECB weighs bigger rate hike with safety net for indebted countries

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -European Central Bank policymakers are considering raising interest rates ..

Explainer-What is the ‘S’ in ESG investing?

Explainer-What is the ‘S’ in ESG investing?

By Cole Horton NEW YORK (Reuters) – The “S” in environmental, social and governance (ESG) investing moved into the s..

How China became ground zero for the auto chip shortage

How China became ground zero for the auto chip shortage

By Sarah Wu, Jane Lanhee Lee and Kevin Krolicki TAIPEI/SHANGHAI/SINGAPORE (Reuters) – From his small office in Singapore, Kelvin..

Average annual UK food bill set to rise 454 pounds as inflation soars

Average annual UK food bill set to rise 454 pounds as inflation soars

By James Davey LONDON (Reuters) – UK grocery inflation hit 9.9% in the four weeks to July 10, adding 454 pounds ($543.7) to Brit..

GumGum and JW Player Partner to Integrate Viewability and Advanced Contextual Capabilities

GumGum and JW Player Partner to Integrate Viewability and Advanced Contextual Capabilities

JW Player’s proprietary viewability technology will now be backed by GumGum’s MRC-accredited contextual, brand safety and suitability ..

Britain on course for hottest day on record

Britain on course for hottest day on record

By Kate Holton and Muvija M LONDON (Reuters) -Britain was on course for its hottest day on record on Monday with temperatures forecast..

Fed officials still leaning to 75-basis-point rate hike in July

Fed officials still leaning to 75-basis-point rate hike in July

By Howard Schneider and Lindsay Dunsmuir TAMPA, Fla. (Reuters) – Federal Reserve officials signaled on Friday they will likely s..

Heatwave scorches Europe; health warnings issued

Heatwave scorches Europe; health warnings issued

By Catarina Demony and Kylie MacLellan LEIRIA, Portugal/LONDON (Reuters) -Hundreds more people were evacuated from their homes as wild..

South Korea seeks to kickstart talks to resolve historical feuds with Japan

South Korea seeks to kickstart talks to resolve historical feuds with Japan

By Hyonhee Shin SEOUL (Reuters) -South Korea hopes a high-level visit to Tokyo next week will kickstart talks aimed at a breakthrough ..

Five contenders to be next UK PM to face off in TV debate

Five contenders to be next UK PM to face off in TV debate

By Michael Holden LONDON (Reuters) -The five remaining contenders to be Britain’s next prime minister will go head to head in th..

Factbox-Possible scenarios as Italy’s government faces collapse

Factbox-Possible scenarios as Italy’s government faces collapse

ROME (Reuters) – Italy might need early elections to overcome a political impasse, government officials said on Friday, after Pr..

Oil rises on Saudi oil production expectations

Oil rises on Saudi oil production expectations

By Rowena Edwards LONDON (Reuters) -Oil prices rose on Friday after a U.S. official told Reuters an immediate Saudi oil output boost i..