NEWS

Banning Russian aluminium would create uncertainty about LME’s role -Rusal

Banning Russian aluminium would create uncertainty about LME’s role -Rusal

LONDON (Reuters) – Banning Rusal’s metal will fuel volatility in the London Metal Exchange’s aluminium contracts and..

France to turn off hot water in public offices to save energy

France to turn off hot water in public offices to save energy

PARIS (Reuters) -France will turn off the hot water in the toilets of public buildings and order municipalities to reduce water temper..

Italy’s De Nora teams up with GES on hydrogen battery project

Italy’s De Nora teams up with GES on hydrogen battery project

ROME (Reuters) – Italian electrode maker De Nora and Green Energy Storage (GES) said on Wednesday they had established a partner..

China, equities weigh as EM sees another month of outflows – IIF

China, equities weigh as EM sees another month of outflows – IIF

By Rodrigo Campos (Reuters) – Emerging market portfolios saw another month of foreign outflows in September, the seventh of the ..

Polish central bank holds rates, points to slowdown ahead

Polish central bank holds rates, points to slowdown ahead

By Anna Koper WARSAW (Reuters) -The National Bank of Poland (NBP) kept its main interest rate on hold at 6.75% on Wednesday, it said, ..

Philip Morris offers EU concessions in $16 billion Swedish Match deal

Philip Morris offers EU concessions in $16 billion Swedish Match deal

BRUSSELS (Reuters) – Marlboro maker Philip Morris has offered concessions to address EU antitrust concerns over its $16 billion ..

Glencore to place Nordenham zinc smelter on care and maintenance from Nov 1

Glencore to place Nordenham zinc smelter on care and maintenance from Nov 1

LONDON (Reuters) -Miner and trader Glencore will place its Nordenham zinc smelter in Germany on care and maintenance from Nov. 1, it s..

Factbox-Government measures to ease inflation pain

Factbox-Government measures to ease inflation pain

(Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have ..

Shaken by heatwaves, U.S. clinics get tips on staying cool

Shaken by heatwaves, U.S. clinics get tips on staying cool

By David Sherfinski NAGS HEAD, North Carolina (Thomson Reuters Foundation) – The day a patient collapsed out in the parking lot,..

Engine parts makers must cross ‘valley of death’ to reach EV era

Engine parts makers must cross ‘valley of death’ to reach EV era

By Nick Carey and Christina Amann KIDDERMINSTER, England (Reuters) – Auto engine parts makers eyeing the promising electric-vehi..

London’s Battersea Power Station reborn as office and shopping hub

London’s Battersea Power Station reborn as office and shopping hub

By Sachin Ravikumar LONDON (Reuters) – London’s Battersea Power Station reopens next week as a glitzy hub of offices, flat..

Some UK property funds defer investor withdrawals

Some UK property funds defer investor withdrawals

By Carolyn Cohn and Elizabeth Howcroft LONDON (Reuters) – Some of Britain’s top open-ended property funds are rolling out ..

Nobel physics prize goes to sleuths of ‘spooky’ quantum science

Nobel physics prize goes to sleuths of ‘spooky’ quantum science

By Johan Ahlander, Ludwig Burger and Niklas Pollard STOCKHOLM (Reuters) -Scientists Alain Aspect, John Clauser and Anton Zeilinger won..

Nestle pledges $1 billion to coffee sustainability plan

Nestle pledges $1 billion to coffee sustainability plan

By Maytaal Angel LONDON (Reuters) -Nestle will spend more than 1 billion Swiss francs ($1 billion) by 2030 on efforts to source coffee..

Tourism revenues on the mend in Mediterranean countries

Tourism revenues on the mend in Mediterranean countries

(Reuters) – Even if the number of visitors has still not quite recovered to pre-pandemic levels, Mediterranean countries are enj..

Apple forced to change charger in Europe as EU approves overhaul

Apple forced to change charger in Europe as EU approves overhaul

By Francesco Guarascio BRUSSELS (Reuters) -Apple will have to change the charger for its iPhones in the European Union from autumn 202..

Robots are making French fries faster, better than humans

Robots are making French fries faster, better than humans

PASADENA, Calif. (Reuters) -Fast-food French fries and onion rings are going high-tech, thanks to a company in Southern California. Mi..

L&G says not a forced seller of UK government bonds

L&G says not a forced seller of UK government bonds

By Sinead Cruise LONDON (Reuters) -Legal & General Group has not been a forced seller of gilts, the insurer said in an unscheduled..

IKEA’s home deliveries will be fully electric by 2025 – CEO

IKEA’s home deliveries will be fully electric by 2025 – CEO

By Matt Scuffham LONDON (Reuters) – IKEA’s home deliveries will be made by electric vehicles by 2025 as part of a target a..

Nobel medicine prize goes to explorer of ancient DNA

Nobel medicine prize goes to explorer of ancient DNA

By Natalie Grover, Niklas Pollard and Johan Ahlander STOCKHOLM/LONDON (Reuters) -Swedish geneticist Svante Paabo won the 2022 Nobel Pr..

Factbox-The UK’s top tax rate – what is it and why does it matter?

Factbox-The UK’s top tax rate – what is it and why does it matter?

LONDON (Reuters) – British finance minister Kwasi Kwarteng on Monday abruptly dropped his plan to eliminate the top rate of inco..

Factbox-How does the Nobel Peace Prize work?

Factbox-How does the Nobel Peace Prize work?

By Gwladys Fouche OSLO (Reuters) – The winner of the 2022 Nobel Peace Prize will be announced on Oct. 7 in Oslo. Here is a look ..

Instant View: British pound up as govt makes U-turn on tax cut plan

Instant View: British pound up as govt makes U-turn on tax cut plan

LONDON (Reuters) – Britain’s pound rallied although UK stocks opened weak on Monday, after the government said it was maki..

Vodafone agrees to buy MasMovil’s Portugal unit Nowo

Vodafone agrees to buy MasMovil’s Portugal unit Nowo

MADRID (Reuters) – British telecom group Vodafone has agreed to buy Portuguese rival Nowo from Spanish operator MasMovil as part..

Centre-right GERB party leads in Bulgaria election -partial results

Centre-right GERB party leads in Bulgaria election -partial results

SOFIA (Reuters) -Bulgaria’s centre-right GERB party of former long-serving Prime Minister Boyko Borissov is set to win Sunday..

Roche names Sause head of diagnostics arm

Roche names Sause head of diagnostics arm

ZURICH (Reuters) – Roche Holding has named Matt Sause, head of Roche Diagnostics’ North America region, to lead the group&..

Franklin Resources has 5.7% Adecco stake – filing

Franklin Resources has 5.7% Adecco stake – filing

ZURICH (Reuters) – U.S.-based investor Franklin Resources Inc controls a 5.7% voting stake in Swiss staffing group Adecco Group ..

Asia’s factory activity weakens on global slowdown, cost pressures

Asia’s factory activity weakens on global slowdown, cost pressures

By Leika Kihara TOKYO (Reuters) – Asia’s factory output mostly weakened in September as slowing demand in China and advanc..

Moderate Bosniak candidate leads in race for presidency seat

Moderate Bosniak candidate leads in race for presidency seat

By Daria Sito-Sucic SARAJEVO (Reuters) -Moderate Bosniak candidate Denis Becirevic is leading in the run-up for the seat on BosniaR..

South African president Ramaphosa to make state visit to UK

South African president Ramaphosa to make state visit to UK

LONDON (Reuters) – South African President Cyril Ramaphosa will make a state visit to Britain, Buckingham Palace said on Monday,..

Tesla’s logistical challenges overshadow record deliveries

Tesla’s logistical challenges overshadow record deliveries

By Hyunjoo Jin and Mrinmay Dey -Tesla Inc on Sunday announced lower-than-expected electric vehicle deliveries in the third quarter, as..

EU leaders to discuss next steps on energy, Ukraine

EU leaders to discuss next steps on energy, Ukraine

BRUSSELS (Reuters) – EU country leaders will discuss how to step up support for Ukraine and their joint next steps to tame soari..

UK cabinet was not informed of plans to scrap top rate of tax, Truss says

UK cabinet was not informed of plans to scrap top rate of tax, Truss says

BIRMINGHAM, England (Reuters) – British Prime Minister Liz Truss said on Sunday her cabinet of top ministers was not informed in..

Credit Suisse executives reassure investors after CDS spike, Financial Times reports

Credit Suisse executives reassure investors after CDS spike, Financial Times reports

(Reuters) – Credit Suisse executives spent the weekend reassuring large clients, counterparties and investors about its liquidit..

Can crowdfunded property turn rundown neighborhoods around?

Can crowdfunded property turn rundown neighborhoods around?

By Carey L. Biron WASHINGTON (Thomson Reuters Foundation) – When residents of a quiet neighborhood in Washington D.C. heard thei..

EU countries spar over gas price cap

EU countries spar over gas price cap

By Kate Abnett, Gabriela Baczynska and Philip Blenkinsop BRUSSELS (Reuters) – European Union countries disagreed on Friday about..

Factbox-Europe’s travel disruption stretches into autumn

Factbox-Europe’s travel disruption stretches into autumn

(Reuters) – Strikes and staff shortages forced airlines to cancel thousands of flights to avoid hours-long queues at major airpo..