UniCredit sets out $8 billion aid package for Italy clients hit by surging prices
By Valentina Za MILAN (Reuters) -Italy’s second-biggest bank, UniCredit, on Monday unveiled a set of measures worth up to 8 bill..
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Risk of UK balance of payments crisis under Truss is rising, Deutsche Bank warns
LONDON (Reuters) – The risk of a UK balance of payment crisis “should not be underestimated” under a Liz Truss gover..
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Germany heading for recession despite new relief plan – economists
BERLIN (Reuters) – Germany, Europe’s largest economy, is still on course for a recession even with a new government plan t..
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Saudi snitching app turns citizens into social media police
By Nazih Osseiran BEIRUT (Thomson Reuters Foundation) – A Saudi app that lets ordinary people “play the role of a police o..
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German new passenger car registrations up 3% in August – industry source
(Reuters) – German new passenger car registrations rose 3% in August to nearly 200,000 vehicles, an industry source said on Mond..
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Norway on track for record gas export, will be ready for winter -Gassco CEO
By Nora Buli STAVANGER, Norway (Reuters) – Norway’s gas export system is set to deliver record volumes of energy to Europe..
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Euro zone business activity contracted again in August -PMI
LONDON (Reuters) – Euro zone business activity contracted for a second month in August as demand sank, with customers wary of th..
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Yamal-Europe eastward gas flows resume as Nord Stream lays idle
(Reuters) -Eastbound natural gas flows via the Yamal-Europe pipeline to Poland from Germany resumed on Sunday, pipeline operator data ..
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TF1 to take action against Vivendi’s Canal+ over decision to stop airing its programmes
PARIS (Reuters) -French television group TF1 will take action against Vivendi’s pay TV unit Canal+ over a decision to no longer ..
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Myanmar junta chief makes another visit to Russia
(Reuters) – Myanmar’s junta leader was on a visit to Russia on Monday, his second trip there in less than two months, as M..
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Factbox-Government measures to ease inflation pain
(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine have c..
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Czech interest rates already at high level, central bank governor says
PRAGUE (Reuters) – Czech interest rates are already at a high level that is dampening domestic demand pressures, central bank Go..
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Evergrande winding-up lawsuit in Hong Kong adjourned to Nov 7
HONG KONG (Reuters) – Hong Kong’s High Court approved on Monday an application by China Evergrande Group and its major off..
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JPMorgan readies overseas retail expansion with German hiring spree
By Marta Orosz and Tom Sims FRANKFURT (Reuters) – JPMorgan plans to hire a team of retail bankers in Germany as the biggest U.S...
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Analysis-Nickel meltdown puts spotlight on LME’s search powers
By Pratima Desai LONDON (Reuters) – Stung by an epic crisis in nickel trading, the London Metal Exchange is ushering in new rule..
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Asia shares ease, euro slugged by energy crisis
By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday while the euro took a fresh spill after Russia shut a major gas ..
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Soccer-Rashford, Antony score as Man United end Arsenal’s 100% start
By Simon Evans MANCHESTER, England (Reuters) -Marcus Rashford struck twice as Manchester United made it four wins in a row and ended A..
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MIDLANDS’ OLDER GENERATION SPLURGE ON FINANCIAL GIFTS TO HELP LOVED ONES
Several in their golden years are not prepared for inheritance tax As the cost of living continues to rise, over-50s in the Midlands ..
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Exclusive-Embattled Credit Suisse aims to launch China wealth business next year
By Anshuman Daga SINGAPORE (Reuters) – Credit Suisse, which has been buffeted by a string of scandals, management changes and gl..
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WhatsApp bans 2.4 million Indian accounts in July – monthly report
BENGALURU (Reuters) – WhatsApp banned 2.39 million Indian accounts in July, the highest so far this year, the Meta-owned popular..
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Starbucks taps head of Lysol maker Reckitt as its new CEO
NEW YORK (Reuters) -Starbucks Corp on Thursday named Laxman Narasimhan as its next chief executive officer, choosing an executive cred..
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Philips subsidiary to pay over $24 million for alleged false claims for medical equipment
By Kanishka Singh WASHINGTON (Reuters) -A subsidiary of Dutch medical device maker Philips has agreed to pay over $24 million to resol..
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Gorbachev died shocked and bewildered by Ukraine conflict – interpreter
By Andrew Osborn MOSCOW (Reuters) -Mikhail Gorbachev, the last Soviet leader, was shocked and bewildered by the Ukraine conflict in th..
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Sterling slides below $1.15 for first time since 2020
By Tom Wilson and Samuel Indyk LONDON (Reuters) -Sterling skidded against the dollar on Thursday to its lowest level since March 2020 ..
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EU regulator backs two Omicron-adapted COVID boosters
By Natalie Grover and Ludwig Burger (Reuters) -The European Union’s drug regulator on Thursday backed two separate COVID-19 vacc..
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High inflation is bad for UK productivity – BoE’s Mann
LONDON (Reuters) – Britain’s very high inflation risks distracting businesses from the longer-term decisions needed to boo..
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Euro zone economy faces growing risk of recession, survey shows
By Jonathan Cable LONDON (Reuters) – Manufacturing activity across the euro zone declined again last month as consumers feeling ..
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New U.S. rules on EV subsidies slam Hyundai, Kia’s dreams
By Heekyong Yang and Ben Klayman SEOUL/DETROIT (Reuters) -After grabbing the No. 2 spot in the U.S. electric vehicle market with styli..
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Kosovo pushes ahead with car licensing rule resisted by Serbs
JARINJE, Kosovo (Reuters) -Dozens of U.S. NATO peacekeepers patrolled northern Kosovo on Thursday to preserve calm after Pristina anno..
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First year of N.Ireland protocol required 1 million customs declarations
DUBLIN (Reuters) – Over 10,000 firms completed one million customs declarations to move goods from Britain into Northern Ireland..
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Amazon introduces seller storage service to tackle supply chain woes
(Reuters) – Amazon.com Inc introduced a new service on Wednesday to help its sellers store bulk inventory and ease distribution ..
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Exclusive-Naftogaz CEO prepared to step down if it would facilitate debt deal
By Andrea Shalal KYIV (Reuters) – The head of state-run Ukranian energy company Naftogaz is ready to step down if it would help ..
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Global body urges EU to make company life simpler by aligning climate reporting
By Huw Jones LONDON (Reuters) – The European Union should make extra time to align its policies with international rules on repo..
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Botswana awards Norway’s Scatec first large-scale solar plant contract
GABORONE (Reuters) – State-owned Botswana Power Corporation (BPC) has awarded Norwegian company Scatec ASA a contract to build a..
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French sugar makers to start output early as energy curbs loom
By Sybille de La Hamaide PARIS (Reuters) -France’s two largest sugar makers Tereos and Cristal Union will bring forward the star..
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Hackers hit Italian oil company Eni’s computer networks
(Reuters) -Italian oil company Eni’s computer networks were hacked in recent days but the consequences appear to be minor so far..
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Russia jobless rate stays at record low of 3.9% in July
MOSCOW (Reuters) – The number of people unemployed in Russia was 2.9 million in July, or 3.9% of the workforce, with the jobless..
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