Global Islamic Finance

News · Aug 26, 2022

Carlsberg’s Poland unit could stop production; lack of CO2 threatens food industry

GDANSK (Reuters) -Danish brewery Carlsberg’s subsidiary in Poland could cut or halt beer production due to a lack of carbon dioxide deliveries, that is becomi..

News · Aug 26, 2022

After rescue by Open Arms, 99 migrants wait to dock in Europe

By Juan Medina ABOARD THE OPEN ARMS UNO, off Sicily (Reuters) – Around 30 nautical miles off the coast of Italy’s Sicily, 99 migrants are awaiting an update..

News · Aug 26, 2022

Novartis to spin off generics business Sandoz next year

By Natalie Grover ZURICH/LONDON (Reuters) -Novartis plans to spin off its underperforming generics unit Sandoz to sharpen its focus on its patented prescription..

News · Aug 26, 2022

Germany signs deal to give ownership of Benin Bronzes to Nigeria

BERLIN (Reuters) – Germany signed an agreement on Thursday to transfer ownership to Nigeria of the Benin Bronzes, among Africa’s most culturally significant..

Finance · Aug 25, 2022

Make a plan for saving up money for your future

If you are reading this piece, it is because you have already started thinking about retirement. You are probably interested in gathering information in order t..

News · Aug 25, 2022

Rouble steadies near 60 vs dollar; TCS, M.Video shares down after results

MOSCOW (Reuters) – The Russian rouble stabilised near 60 against the dollar on Thursday, lacking new momentum, while shares in TCS, owner of Russia’s Tinkof..

News · Aug 25, 2022

Google to roll out anti-disinformation campaign in some EU countries

By Supantha Mukherjee STOCKHOLM (Reuters) -Google’s Jigsaw subsidiary will launch a campaign next week to tackle disinformation in Poland, Slovakia and the Cz..

News · Aug 25, 2022

Hedge funds suffer big outflows in Q2 – data

By Nell Mackenzie LONDON (Reuters) – Investors yanked a net $7.8 billion out of hedge funds in the second quarter, industry data published on Wednesday showed..

News · Aug 25, 2022

France’s Schneider considers full buyout of AVEVA

By Sudip Kar-Gupta and Supantha Mukherjee PARIS (Reuters) -French industrial conglomerate Schneider is considering buying out minority shareholders in software ..

News · Aug 25, 2022

Greece’s Aegean Airlines in code sharing deal with Emirates

ATHENS (Reuters) – Greece’s largest carrier Aegean Airlines said on Wednesday it had struck a so-called code sharing agreement with Emirates, allowing both ..

News · Aug 25, 2022

German exporters pinched by 70-billion-euro price squeeze – DIHK

By Rene Wagner BERLIN (Reuters) – German exporters are in an “extreme price squeeze” and incurred extra costs of 70 billion euros ($69 billion) this year ..

News · Aug 25, 2022

Ford delays Spanish investments, citing ‘revised outlook for Europe’

By Joan Faus BARCELONA (Reuters) -Ford said on Wednesday it is delaying its production investments in Spain, citing a “revised outlook for Europe” but said ..

News · Aug 25, 2022

Exclusive-Tinder-owner Match ups antitrust pressure on Apple in India with new case

Exclusive-Tinder-owner Match ups antitrust pressure on Apple in India with new case By Aditya Kalra NEW DELHI (Reuters) – Tinder-owner Match Group has filed a..

News · Aug 24, 2022

Russian stocks to pare some heavy losses by year-end – Reuters poll

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) By Andrey Ostroukh MOSCOW (Reuters) – Russia..

News · Aug 24, 2022

NASA poised for historic Artemis I lunar launch from Florida

By Steve Gorman and Joey Roulette (Reuters) – A half century after the end of NASA’s Apollo era, the U.S. space agency’s long-anticipated bid to return as..

News · Aug 24, 2022

Analysis-‘New shock’ for European markets as gas price spike fuels inflation fears

By Tommy Wilkes, Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – Another dramatic spike in natural gas prices appears to have ended any hopes that Europ..

News · Aug 24, 2022

Soccer-Everton edge Fleetwood in League Cup for first win of season, Fulham out

LONDON (Reuters) -Everton avoided any slip-up as they beat third-tier Fleetwood Town 1-0 in the League Cup second round to claim their first win of the season o..

News · Aug 24, 2022

Single broadband network is ‘right step’ for Italy, Vivendi says

MILAN (Reuters) -Creating a single broadband network is “the right step” for Italy, Telecom Italia’s (TIM) biggest investor Vivendi said on Tuesday. “It..

News · Aug 24, 2022

Nissan to cease producing cylinder heads for Renault from 2024

PARIS (Reuters) – Nissan said it would stop production of cylinder heads for French car maker Renault at its plant in Sunderland, northern England, from early..

News · Aug 23, 2022

Record number of migrants arrive in Britain by boat on a single day

By Andrew MacAskill LONDON (Reuters) -The number of migrants arriving in Britain in small boats hit a record for a single day on Monday, as the rise in dangerou..

News · Aug 23, 2022

China battles forest fires as fears linger over harvest

SHANGHAI (Reuters) -The southwestern Chinese regions of Chonqging and Sichuan were battling fires on Tuesday as they awaited a long-anticipated drop in temperat..

News · Aug 23, 2022

Euro zone business activity contracted again in Aug, outlook bleak

By Jonathan Cable LONDON (Reuters) -Business activity across the euro zone contracted for a second straight month in August as the cost of living crisis forced ..

News · Aug 23, 2022

German investor Kuehne does not plan to further boost Lufthansa stake – FAZ

BERLIN (Reuters) – German logistics entrepreneur Klaus-Michael Kuehne is not planning to increase his stake in Lufthansa beyond 15%, he told the Frankfurter A..

News · Aug 23, 2022

Apple plans to make iPhone 14 in India amid China woes – Bloomberg News

(Reuters) -Apple Inc plans to start manufacturing iPhone 14 in India as the U.S. tech giant seeks alternatives to China after Xi administration’s clashes with..

News · Aug 23, 2022

Japan weighs relaxing border rules on COVID -media

By Rocky Swift and Elaine Lies TOKYO (Reuters) – Japan may lift requirements for pre-departure COVID-19 tests for travellers and raise daily caps on entrants,..

News · Aug 23, 2022

Germany’s Uniper to restart coal-fired power plant as Gazprom halts supply to Europe

(Reuters) -German utility Uniper SE on Monday said it will start producing electricity for the market at its Heyden 4 hard-coal-fired power plant as a three-day..

Technology · Aug 23, 2022

Apricorn Launches Higher Capacity Aegis Secure Key 3™, The Market’s First 2TB Hardware-Encrypted Flash Key

Thursday 18 August 2022 Massive Storage Option Doubles the Capacity of Largest Previous Version, Adds 8th Capacity Option to Secure Key 3 Line Massive Sto..

Business · Aug 23, 2022

T-Level success demonstrates need to invest in skills development

Thursday 18 August 2022 Following the announcement that over 90% of the first-ever students to complete T-levels passed, Tania Bowers, Global Public Policy D..

Business · Aug 23, 2022

Small businesses must think like mortgage switchers

August 2022: Purbeck Personal Guarantee Insurance, the U.K.’s first and only provider of personal guarantee insurance is urging small businesses to think lik..

News · Aug 23, 2022

Ben & Jerry’s loses bid to halt sales in West Bank

By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday rejected Ben & Jerry’s attempt to stop its parent Unilever Plc from allowi..

News · Aug 23, 2022

McLaren to enter India market later this year

(Reuters) – British sportscar maker McLaren said on Monday it was entering the Indian market, with its first retail outlet set to open in Mumbai later this ye..

News · Aug 22, 2022

From chasing deals to turning off screens: Cineworld on the brink

(Reuters) – Britain’s Cineworld said on Monday it was considering options including a possible bankruptcy filing in the United States as the world’s secon..

News · Aug 22, 2022

French retailer Carrefour to freeze prices on 100 products to tackle inflation

PARIS (Reuters) -French supermarket retailer Carrefour is freezing prices on 100 everyday products from tinned sardines to rice and washing up liquid, it said o..

News · Aug 22, 2022

Orban tightens hold over telco sector as Vodafone sells Hungarian unit

LONDON/BUDAPEST (Reuters) – Britain’s Vodafone will sell its Hungarian business for 715 billion forints ($1.8 billion) in cash to local IT company 4iG and t..

News · Aug 22, 2022

China steps up easing, cuts lending benchmarks to revive faltering economy

By Winni Zhou and Brenda Goh SHANGHAI (Reuters) -China cut its benchmark lending rate and lowered the mortgage reference by a bigger margin on Monday, adding to..

News · Aug 22, 2022

Analysis-Meagre medicine cabinet leaves Sanofi unloved

By Ludwig Burger FRANKFURT (Reuters) – Sanofi’s recent stock rout underscores the pressure on the French drug maker to redouble its efforts in the hunt for ..

News · Aug 22, 2022

Asia shares slip, dollar strong as yuan weakens

By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday and the dollar extended its climb amid angst over global growth as most central banks keep rai..