NEWS

After heatwave, looming typhoon forces scouts to evacuate South Korea campsite

After heatwave, looming typhoon forces scouts to evacuate South Korea campsite

After heatwave, looming typhoon forces scouts to evacuate South Korea campsite By Hyunsu Yim and Ju-min Park SEOUL (Reuters) – T..

Heatwave caused higher than normal death rate in southern Italy

Heatwave caused higher than normal death rate in southern Italy

Heatwave caused higher than normal death rate in southern Italy ROME (Reuters) – The central and southern regions of Italy recor..

BioNTech reduces drug development spend as COVID vaccine sales plunge

BioNTech reduces drug development spend as COVID vaccine sales plunge

BioNTech reduces drug development spend as COVID vaccine sales plungea By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -German..

German regulator rejects request for postage stamp price hike

German regulator rejects request for postage stamp price hike

BERLIN (Reuters) -Germany’s federal network regulator has rejected a request by postal service operator Deutsche Post to raise t..

Miners drag London stocks lower; Unite Group slips

Miners drag London stocks lower; Unite Group slips

By Shreyashi Sanyal (Reuters) -The UK’s exporter-heavy FTSE 100 index dipped on Monday, weighed down by heavyweight miners, whil..

German space firm OHB plans to delist as KKR takes minority stake

German space firm OHB plans to delist as KKR takes minority stake

German space firm OHB plans to delist as KKR takes minority stake By Alexander Hübner BERLIN (Reuters) -Germany’s OHB on Monday ..

Russia to evacuate village for first lunar lander mission in half century

Russia to evacuate village for first lunar lander mission in half century

Russia to evacuate village for first lunar lander mission in half century (Reuters) – Russia will evacuate a village in its far ..

Oil holds steady near four-month high on OPEC+ cuts

Oil holds steady near four-month high on OPEC+ cuts

Oil holds steady near four-month high on OPEC+ cuts By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices edged down on Monda..

Dollar on guard as US inflation test looms

Dollar on guard as US inflation test looms

Dollar on guard as US inflation test looms By Rae Wee SINGAPORE (Reuters) – The dollar was on the defensive on Monday after a mi..

Cycling-Men’s world championships race interrupted by climate protesters

Cycling-Men’s world championships race interrupted by climate protesters

Cycling-Men’s world championships race interrupted by climate protesters By Martyn Herman GLASGOW (Reuters) -Protesters halted t..

Huawei ban would cost German rail operator 400 million eur – Spiegel

Huawei ban would cost German rail operator 400 million eur – Spiegel

Huawei ban would cost German rail operator 400 million eur – Spiegel BERLIN (Reuters) – Germany’s national railway o..

Commerzbank shares slump on outlook, despite 20% profit rise

Commerzbank shares slump on outlook, despite 20% profit rise

Commerzbank shares slump on outlook, despite 20% profit rise By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Commerzbank’s sh..

EnBW sees FY adjusted EBITDA at upper end of forecast range

EnBW sees FY adjusted EBITDA at upper end of forecast range

EnBW sees FY adjusted EBITDA at upper end of forecast range BERLIN (Reuters) – German utility EnBW confirmed its full-year outlo..

Germany’s Lanxess calls on government to help chemicals industry

Germany’s Lanxess calls on government to help chemicals industry

By Linda Pasquini and Antonis Pothitos (Reuters) – Chemicals group Lanxess set out plans to cut costs on Friday and called on Ge..

Credit Agricole beats estimates on insurance, consumer finance

Credit Agricole beats estimates on insurance, consumer finance

Credit Agricole beats estimates on insurance, consumer finance By Mathieu Rosemain PARIS (Reuters) – Credit Agricole SA, France&..

WPP lowers full-year forecast as tech clients curb spending

WPP lowers full-year forecast as tech clients curb spending

WPP lowers full-year forecast as tech clients curb spending LONDON (Reuters) -WPP, the world’s biggest advertising group, downgr..

BNP Paribas lowers its Bank of England terminal rate forecast

BNP Paribas lowers its Bank of England terminal rate forecast

BNP Paribas lowers its Bank of England terminal rate forecast (Reuters) – BNP Paribas on Friday lowered its Bank of England (BoE..

Dollar struggles before payrolls test; Aussie rebounds

Dollar struggles before payrolls test; Aussie rebounds

Dollar struggles before payrolls test; Aussie rebounds By Kevin Buckland and Brigid Riley TOKYO (Reuters) – The dollar hung back..

Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

Amazon forecasts bright Q3 on resilient cloud sales, shopping trends By Jeffrey Dastin and Chavi Mehta (Reuters) -Amazon.com Inc on Th..

German services sector loses momentum-PMI

German services sector loses momentum-PMI

German services sector loses momentum-PMI BERLIN (Reuters) – Growth in Germany’s services sector slowed in July for the se..

Siemens Healthineers confirms outlook despite problems at Varian

Siemens Healthineers confirms outlook despite problems at Varian

(Reuters) -U.S.-German medical device maker Siemens Healthineers on Wednesday confirmed its outlook for the year despite an unexpected..

Taylor Wimpey expects full-year profits to halve amid housing gloom

Taylor Wimpey expects full-year profits to halve amid housing gloom

Taylor Wimpey expects full-year profits to halve amid housing gloom By Suban Abdulla and Aby Jose Koilparambil LONDON (Reuters) -Taylo..

UK lender Virgin Money sticks to annual outlook despite mortgage pressures

UK lender Virgin Money sticks to annual outlook despite mortgage pressures

(Reuters) -British challenger bank Virgin Money UK on Wednesday maintained its full-year outlook and reported stable net interest marg..

Stocks drop, Treasuries gain after Fitch downgrades US rating

Stocks drop, Treasuries gain after Fitch downgrades US rating

Stocks drop, Treasuries gain after Fitch downgrades US rating By Xie Yu HONG KONG (Reuters) – Asian stocks and U.S. Treasury yie..

Fresenius Medical forecasts smaller income decline as cost inflation eases

Fresenius Medical forecasts smaller income decline as cost inflation eases

Fresenius Medical forecasts smaller income decline as cost inflation eases By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) ..

Analysis-Point of no return: Australians fight for the right to work from home permanently

Analysis-Point of no return: Australians fight for the right to work from home permanently

Analysis-Point of no return: Australians fight for the right to work from home permanently By Byron Kaye SYDNEY (Reuters) – Befo..

BP to defend its rights in dispute with Venture Global LNG; other clients weigh options

BP to defend its rights in dispute with Venture Global LNG; other clients weigh options

BP to defend its rights in dispute with Venture Global LNG; other clients weigh options By Ron Bousso, Curtis Williams and Andrei Khal..

Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow

Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow

Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow By Yuvraj Malik (Reuters) – Apple is likely to report a ..

European shares retreat as factory activity falters

European shares retreat as factory activity falters

European shares retreat as factory activity falters By Sruthi Shankar (Reuters) -European stocks slipped on Tuesday, with the German D..

Spain’s factory activity shrinks again in July on weak demand -PMI

Spain’s factory activity shrinks again in July on weak demand -PMI

Spain’s factory activity shrinks again in July on weak demand -PMI MADRID (Reuters) – Factory activity in Spain contracted..

UK baker Greggs confident on 2023 after first-half growth

UK baker Greggs confident on 2023 after first-half growth

UK baker Greggs confident on 2023 after first-half growth LONDON (Reuters) – British bakery and fast food chain Greggs stuck to ..

Covestro sees 2023 EBITDA at lower end of forecast range

Covestro sees 2023 EBITDA at lower end of forecast range

(Reuters) – German chemicals maker Covestro on Tuesday said it expects its 2023 core profit to be at the lower end of its foreca..

UK regulator seeks public input on Microsoft-Activision deal

UK regulator seeks public input on Microsoft-Activision deal

UK regulator seeks public input on Microsoft-Activision deal LONDON (Reuters) -Britain’s antitrust regulator on Monday called fo..

US futures inch up; stock markets ride higher on cooler inflation

US futures inch up; stock markets ride higher on cooler inflation

US futures inch up; stock markets ride higher on cooler inflation By Nell Mackenzie LONDON (Reuters) – U.S. share futures treade..

Canada’s Trudeau sets sights on fourth election fight with Cabinet refresh

Canada’s Trudeau sets sights on fourth election fight with Cabinet refresh

Canada’s Trudeau sets sights on fourth election fight with Cabinet refresh By Steve Scherer OTTAWA (Reuters) -Canadian Prime Min..

Boeing supplier Senior sees strong H2 as demand picks up, supply issues ease

Boeing supplier Senior sees strong H2 as demand picks up, supply issues ease

Boeing supplier Senior sees strong H2 as demand picks up, supply issues ease By Eva Mathews (Reuters) -Britain’s Senior forecast..

Britain commits to hundreds of North Sea oil and gas licences

Britain commits to hundreds of North Sea oil and gas licences

Britain commits to hundreds of North Sea oil and gas licences By Sachin Ravikumar and Susanna Twidale LONDON (Reuters) -Britain on Mon..