NEWS

Payments company Adyen’s shares drop more than 20% after earnings miss

Payments company Adyen’s shares drop more than 20% after earnings miss

Payments company Adyen’s shares drop more than 20% after earnings miss AMSTERDAM (Reuters) – Shares in Dutch payments proc..

Oil prices wobble on worries over China economy, US rate path

Oil prices wobble on worries over China economy, US rate path

By Sudarshan Varadhan SINGAPORE (Reuters) – Oil prices were choppy on Thursday after falling over the past three sessions, with ..

Mild recession ends Dutch economy’s strong post-COVID boom

Mild recession ends Dutch economy’s strong post-COVID boom

Mild recession ends Dutch economy’s strong post-COVID boom AMSTERDAM (Reuters) -Economic growth in the Netherlands will be much ..

Asian stocks hit 9-month lows on worries over China, US rates

Asian stocks hit 9-month lows on worries over China, US rates

Asian stocks hit 9-month lows on worries over China, US rates By Ankur Banerjee SINGAPORE (Reuters) – Asian shares sank to nine-..

Dollar shines against battered yen; Aussie dragged by jobs data, China woes

Dollar shines against battered yen; Aussie dragged by jobs data, China woes

Dollar shines against battered yen; Aussie dragged by jobs data, China woes By Rae Wee SINGAPORE (Reuters) – The dollar pushed t..

PayPal to halt UK crypto sales until 2024

PayPal to halt UK crypto sales until 2024

PayPal to halt UK crypto sales until 2024 By Elizabeth Howcroft LONDON (Reuters) – Payments giant PayPal will stop allowing UK c..

Rouble strengthens towards 96 vs dollar after emergency rate hike

Rouble strengthens towards 96 vs dollar after emergency rate hike

By Alexander Marrow (Reuters) -The Russian rouble strengthened towards 96 to the dollar on Wednesday, one day after the central bank h..

HKEX remains committed to LME – CEO

HKEX remains committed to LME – CEO

HKEX remains committed to LME – CEO By Pratima Desai and Polina Devitt LONDON (Reuters) -Hong Kong Exchanges and Clearing (HKEX)..

German solar battery firm sonnen sees bigger role backing up grid

German solar battery firm sonnen sees bigger role backing up grid

German solar battery firm sonnen sees bigger role backing up grid By Vera Eckert FRANKFURT (Reuters) – Germany’s sonnen, w..

Industrial output jump gives euro zone growth small boost

Industrial output jump gives euro zone growth small boost

Industrial output jump gives euro zone growth small boost FRANKFURT (Reuters) – The euro zone’s vast industrial sector reb..

UK house prices rise by least since 2020 and fall in London – ONS

UK house prices rise by least since 2020 and fall in London – ONS

UK house prices rise by least since 2020 and fall in London – ONS LONDON (Reuters) – British house prices increased by 1.7..

Bank of Ireland says it has fixed glitch that sparked flurry of withdrawals

Bank of Ireland says it has fixed glitch that sparked flurry of withdrawals

Bank of Ireland says it has fixed glitch that sparked flurry of withdrawals By Padraic Halpin DUBLIN (Reuters) -Bank of Ireland has fi..

General, health insurance help Aviva to H1 profit beat

General, health insurance help Aviva to H1 profit beat

General, health insurance help Aviva to H1 profit beat LONDON (Reuters) -British insurer Aviva posted an 8% rise in first-half operati..

ESA chief sees Ariane 6 debut launch delayed to next year

ESA chief sees Ariane 6 debut launch delayed to next year

PARIS (Reuters) – The first launch of Europe’s new Ariane 6 rocket has slipped into 2024 after an incomplete recent ground..

UK inflation rate slows to 6.8% in July

UK inflation rate slows to 6.8% in July

LONDON (Reuters) – British annual consumer price inflation slowed to 6.8% in July, figures from the Office for National Statisti..

Marketmind: Stock markets tense as China gloom builds

Marketmind: Stock markets tense as China gloom builds

A look at the day ahead in European and global markets from Brigid Riley China’s new home prices fell in June for the first time..

Norway wealth fund to firms: use AI, but do it responsibly

Norway wealth fund to firms: use AI, but do it responsibly

Norway wealth fund to firms: use AI, but do it responsibly By Gwladys Fouche OSLO (Reuters) – Norway’s $1.4 trillion wealt..

As World Cup breaks records, Adidas, Nike navigate bumps in retail demand

As World Cup breaks records, Adidas, Nike navigate bumps in retail demand

As World Cup breaks records, Adidas, Nike navigate bumps in retail demand By Helen Reid and Amy Tennery LONDON/AUCKLAND (Reuters) R..

Lufthansa’s Eurowings sees positive operating result in FY 23

Lufthansa’s Eurowings sees positive operating result in FY 23

Lufthansa’s Eurowings sees positive operating result in FY 23 FRANKFURT (Reuters) – Lufthansa’s budget subsidiary Eu..

No sustained recovery on horizon for German economy -econ min

No sustained recovery on horizon for German economy -econ min

BERLIN (Reuters) – Germany’s economy is not likely to see a sustained recovery in the coming months based on early indicat..

Agnelli family’s Exor buys $2.8 billion stake in Philips

Agnelli family’s Exor buys $2.8 billion stake in Philips

Agnelli family’s Exor buys $2.8 billion stake in Philips By Toby Sterling and Bart H. Meijer AMSTERDAM (Reuters) -Dutch investme..

German network regulator names 2nd managing director of Rosneft Deutschland

German network regulator names 2nd managing director of Rosneft Deutschland

BERLIN (Reuters) – Germany’s network regulator on Monday said it had appointed Udo Giegerich as a second managing director..

Italy PM Meloni takes ‘full responsibility’ for bank tax

Italy PM Meloni takes ‘full responsibility’ for bank tax

Italy PM Meloni takes ‘full responsibility’ for bank tax MILAN (Reuters) -Italian Prime Minister Giorgia Meloni on Monday ..

Analysis-Big losses in Russia-linked stocks have investors rethinking other depositary receipts

Analysis-Big losses in Russia-linked stocks have investors rethinking other depositary receipts

Analysis-Big losses in Russia-linked stocks have investors rethinking other depositary receipts By Sinead Cruise and Carolina Mandl LO..

UK employers plan 5% pay rises, many resort to counteroffers: CIPD

UK employers plan 5% pay rises, many resort to counteroffers: CIPD

UK employers plan 5% pay rises, many resort to counteroffers: CIPD By David Milliken LONDON (Reuters) – British employers expect..

Lloyd’s of London insurer Hiscox profit spikes on premium rise

Lloyd’s of London insurer Hiscox profit spikes on premium rise

Lloyd’s of London insurer Hiscox profit spikes on premium rise By Carolyn Cohn LONDON (Reuters) -Lloyd’s of London insurer..

Bottler Coca-Cola HBC lifts sales outlook

Bottler Coca-Cola HBC lifts sales outlook

Bottler Coca-Cola HBC lifts sales outlook By Radhika Anilkumar (Reuters) -Coca-Cola HBC lifted its annual revenue forecast on Wednesda..

Germany’s Delivery Hero hikes 2023 revenue guidance

Germany’s Delivery Hero hikes 2023 revenue guidance

Germany’s Delivery Hero hikes 2023 revenue guidance (Reuters) -German online takeaway food company Delivery Hero on Wednesday ra..

Greek EU-harmonised inflation rises to 3.5% y/y in July

Greek EU-harmonised inflation rises to 3.5% y/y in July

(Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesda..

Will the €20 Million Scheme to Revive Dying Italian Villages Aid Tourist Recovery?

Will the €20 Million Scheme to Revive Dying Italian Villages Aid Tourist Recovery?

In an ambitious and potentially transformative move, the European Union has unveiled a funding plan to revive 21 of Italy’s dying vill..

No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists

No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists

No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists By David Stanway SINGAPORE (Reuters) – ..

Fund manager abrdn’s assets hit by market volatility, shares dive

Fund manager abrdn’s assets hit by market volatility, shares dive

Fund manager abrdn’s assets hit by market volatility, shares dive (Reuters) -Fund manager abrdn’s shares fell nearly 9% on..

Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report

Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report

By Akshita Toshniwal (Reuters) – Global video-games market would return to growth in 2023 on the back of strong sales of console..

WeWork rival IWG’s half-year profit surges on high demand, improved pricing

WeWork rival IWG’s half-year profit surges on high demand, improved pricing

WeWork rival IWG’s half-year profit surges on high demand, improved pricing By Aby Jose Koilparambil (Reuters) -Office rental fi..

Germany’s Fraport sees earnings boost on higher passenger volumes

Germany’s Fraport sees earnings boost on higher passenger volumes

Germany’s Fraport sees earnings boost on higher passenger volumes (Reuters) -Frankfurt Airport operator Fraport on Tuesday updat..

Asian markets down, dollar up after weak China trade data

Asian markets down, dollar up after weak China trade data

Asian markets down, dollar up after weak China trade data By Scott Murdoch SYDNEY (Reuters) – Asian share markets were mostly we..

UBS shuffles bank bosses in bid to better compete with Wall Street

UBS shuffles bank bosses in bid to better compete with Wall Street

UBS shuffles bank bosses in bid to better compete with Wall Street LONDON/NEW YORK (Reuters) -UBS on Monday announced an overhaul of i..