Global Islamic Finance

News · Sep 13, 2022

Ocado Retail cuts outlook as Britons tighten belts

By James Davey LONDON (Reuters) -British online supermarket Ocado Retail downgraded its full-year outlook on Tuesday, saying customers are trying to navigate th..

News · Sep 13, 2022

Seeking right tone, new UK PM Truss had to quickly change gear for queen

By Elizabeth Piper and Michael Holden LONDON (Reuters) – Just a week after Queen Elizabeth asked Liz Truss to form a government, Britain’s new prime ministe..

News · Sep 13, 2022

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

By Medha Singh and Lisa Pauline Mattackal (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be be..

News · Sep 13, 2022

Oracle offers its MySQL HeatWave database and analytics on Amazon’s cloud

(Reuters) – Oracle Corp has started to offer MySQL HeatWave, its cloud database service for transactions, analytics and machine learning, on Amazon’s AWS cl..

News · Sep 13, 2022

French cloud provider OVH lines up diesel generators to offset potential power cuts

By Mathieu Rosemain STRASBOURG, France (Reuters) – OVHcloud, France’s biggest home grown cloud services provider, is bracing for potential power cuts later ..

News · Sep 13, 2022

Premium bicycles win new fans among China’s city folk

BEIJING (Reuters) – Zhou Changchang likes to spend his spare time cruising along the streets of China’s capital with his cycling club friends, on his Tiffan..

News · Sep 13, 2022

Nintendo shares jump 5% on record ‘Splatoon’ launch

By Sam Nussey TOKYO (Reuters) – Shares in Nintendo Co Ltd jumped 5% on Tuesday after the Japanese gaming company reported record domestic launch sales for its..

News · Sep 13, 2022

Most Twitter shareholders vote in favor of sale to Musk-sources

By Svea Herbst-Bayliss (Reuters) – A majority of Twitter Inc’s shareholders have voted in favor of the social media company’s $44 billion sale to Elon Mus..

News · Sep 13, 2022

Bezos’ Blue Origin suffers rocket failure during uncrewed mission

By Joey Roulette WASHINGTON (Reuters) -A rocket from Jeff Bezos’ space company Blue Origin failed mid-flight shortly after liftoff on Monday, aborting its car..

News · Sep 12, 2022

Explainer-The G7’s price cap on Russian oil begins to take shape

By Timothy Gardner WASHINGTON (Reuters) -The Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow’s ability to fu..

News · Sep 12, 2022

King Charles, in parliament, promises to follow queen’s example

LONDON (Reuters) -King Charles told parliament on Monday he was “resolved faithfully to follow” the example set by his mother Queen Elizabeth, addressing la..

News · Sep 12, 2022

Mobile school offers hope to nomad children in Chad

By Mahamat Ramadane TOUKRA, Chad (Reuters) – In a makeshift open-air classroom, dozens of children sat squeezed together on a mat and watched as their teacher..

News · Sep 12, 2022

Global reinsurers see inflation, war driving higher rates

By Miranda Murray and Carolyn Cohn BERLIN/LONDON (Reuters) -Global geopolitical tensions, high inflation and climate change have heightened demand for risk prot..

News · Sep 12, 2022

ECB governors see rising risk of rate hitting 2% to curb inflation – sources

By Francesco Canepa PRAGUE (Reuters) -European Central Bank policymakers see a rising risk that they will have to raise their key interest rate to 2% or more to..

News · Sep 12, 2022

Tennis-The future is now: Alcaraz wins U.S. Open and becomes world number one

By Rory Carroll NEW YORK (Reuters) -Spanish teenager Carlos Alcaraz completed his rapid rise to the top of the tennis world on Sunday, claiming his first Grand ..

News · Sep 12, 2022

Australia financial crimes regulator opens investigation into Britain’s Entain

(Reuters) -The Australian financial crimes regulator said on Monday it opened an investigation into British sports betting giant Entain Plc to assess whether it..

News · Sep 12, 2022

Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports

By Karen Freifeld and Alexandra Alper WASHINGTON(Reuters) – The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconduc..

News · Sep 12, 2022

King Charles to fly to Scotland to join sombre procession of queen’s coffin

By Michael Holden and Andrew MacAskill EDINBURGH (Reuters) – Britain’s King Charles will fly to Edinburgh to join his siblings on Monday when the coffin of ..

News · Sep 12, 2022

Oprah-produced ‘Sidney’ shows how Poitier ‘redefined’ Hollywood

By Jenna Zucker and Divya Rajagopal TORONTO (Reuters) – The late Sidney Poitier forever changed the conception of what a Black man could be on a global stage,..

News · Sep 12, 2022

Israel sees no new Iran nuclear deal before U.S. November mid-terms

Israel sees no new Iran nuclear deal before U.S. November mid-terms JERUSALEM (Reuters) – Israel does not anticipate a renewal of Iran’s nuclear deal with w..

News · Sep 09, 2022

Germany’s Scholz: Queen Elizabeth embodied the best of Europe’s shared inheritance

(Reuters) – Germany joins Britain in mourning the death of Queen Elizabeth, whose sense of duty was “legendary” and who helped German-British reconciliati..

News · Sep 09, 2022

With Queen Elizabeth’s death, republicans sense their chance

By Michael Holden LONDON (Reuters) – During Queen Elizabeth’s 70-year reign, republican rumblings surfaced on occasion, but the affection and respect she en..

News · Sep 09, 2022

UK declares period of national mourning for Queen Elizabeth

LONDON (Reuters) – The British government on Friday officially declared the start of a period of national mourning for Queen Elizabeth, publishing ‘national..

News · Sep 09, 2022

India to hold one day state mourning on passing away of Queen Elizabeth

NEW DELHI (Reuters) – The Indian government on Friday announced one day of state mourning on Sept. 11 as a mark of respect on the passing away of Queen Elizab..

News · Sep 09, 2022

Sporting events cancelled, tributes paid after Queen Elizabeth dies

(Reuters) -The world of sport reacted to the death of Queen Elizabeth on Thursday with a raft of cancellations across cricket, golf, rugby and cycling, while ot..

News · Sep 09, 2022

Saudi Arabia’s king, crown prince send condolences on Queen Elizabeth’s death

(Reuters) – Saudi Arabia’s King Salman bin Abdulaziz and the Crown Prince Mohamed bin Salman sent condolences to British King Charles III early on Friday on..

News · Sep 09, 2022

In France, Eiffel Tower goes dark in tribute to Queen Elizabeth

PARIS (Reuters) -The Eiffel Tower’s lights went dark early on Thursday night in tribute to Queen Elizabeth, with Parisians recalling a British monarch who anc..

News · Sep 09, 2022

BMW PGA Championship halts play after death of Queen Elizabeth II

The death Thursday of Queen Elizabeth II led to the stoppage of play at the BMW PGA Championships at Surrey, England. The flagship event on the DP World Tour..

News · Sep 09, 2022

Russia’s Putin extends condolences to Britain for ‘irreparable loss’ of Queen

(Reuters) – Russian President Vladimir Putin on Thursday extended his condolences to Britain for the “irreparable loss” of Queen Elizabeth, who died earli..

News · Sep 09, 2022

Pope Francis says he’s deeply saddened over death of Queen Elizabeth

VATICAN CITY (Reuters) – Pope Francis said on Thursday he was deeply saddened by the death of Queen Elizabeth II and offer his condolences to her family and h..

News · Sep 09, 2022

Britain’s new king will address the nation on Friday

LONDON (Reuters) – Britain’s new monarch, King Charles, will address the nation on Friday, his spokesman said, his first speech following the death of his m..

News · Sep 09, 2022

Britain’s Prince Harry arrives at Balmoral – ITV reporter

LONDON (Reuters) – Britain’s Duke of Sussex, Prince Harry, has arrived at Balmoral Castle in Scotland following the death of Queen Elizabeth, ITV reported. ..

News · Sep 08, 2022

Carrefour unveils 30 euro shopping basket in Spain after government price cut proposal

MADRID (Reuters) – Supermarket chain Carrefour will sell Spanish consumers a basket of 30 basic goods for 30 euros, the company said on Wednesday, days after ..

News · Sep 08, 2022

Chevron considering rail transport for Kazakhstan oil, CEO says

(Reuters) – Chevron Corp. is working with the Kazakhstan government to assure oil flows from the landlocked country’s fields can be sustained in the event o..

News · Sep 08, 2022

T-Mobile sells wireline business to Cogent for $1, expects hefty charge

By Yuvraj Malik (Reuters) – T-Mobile US Inc is doubling down on 5G services after it struck a deal on Wednesday to sell its wireline business to Cogent Commun..

News · Sep 08, 2022

Tod’s sales rise 17% in first half of year

MILANO (Reuters) – Sales at Italian fashion group Tod’s rose by 17% in the first half of the year, broadly in line with market expectations, despite a COVID..

News · Sep 08, 2022

E.ON casts doubt on German plan to keep nuclear plants on standby

BERLIN (Reuters) – Germany’s plans to delay the closure of two nuclear plants were thrown into confusion on Wednesday, with the operator of one saying the r..