All Posts

Myanmar junta chief makes another visit to Russia

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..

Factbox-Government measures to ease inflation pain

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..

Czech interest rates already at high level, central bank governor says

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..

Evergrande winding-up lawsuit in Hong Kong adjourned to Nov 7

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..

JPMorgan readies overseas retail expansion with German hiring spree

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...

Analysis-Nickel meltdown puts spotlight on LME’s search powers

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..

Asia shares ease, euro slugged by energy crisis

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 ..

Soccer-Rashford, Antony score as Man United end Arsenal’s 100% start

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..

MIDLANDS’ OLDER GENERATION SPLURGE ON FINANCIAL GIFTS TO HELP LOVED ONES

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 ..

Exclusive-Embattled Credit Suisse aims to launch China wealth business next year

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..

WhatsApp bans 2.4 million Indian accounts in July – monthly report

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..

Starbucks taps head of Lysol maker Reckitt as its new CEO

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..

Philips subsidiary to pay over $24 million for alleged false claims for medical equipment

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..

Gorbachev died shocked and bewildered by Ukraine conflict – interpreter

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..

Sterling slides below $1.15 for first time since 2020

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 ..

EU regulator backs two Omicron-adapted COVID boosters

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..

High inflation is bad for UK productivity – BoE’s Mann

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..

Euro zone economy faces growing risk of recession, survey shows

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 ..

New U.S. rules on EV subsidies slam Hyundai, Kia’s dreams

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..

Kosovo pushes ahead with car licensing rule resisted by Serbs

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..

First year of N.Ireland protocol required 1 million customs declarations

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..

Amazon introduces seller storage service to tackle supply chain woes

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 ..

Exclusive-Naftogaz CEO prepared to step down if it would facilitate debt deal

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 ..

Global body urges EU to make company life simpler by aligning climate reporting

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..

Botswana awards Norway’s Scatec first large-scale solar plant contract

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..

French sugar makers to start output early as energy curbs loom

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..

Hackers hit Italian oil company Eni’s computer networks

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..

Russia jobless rate stays at record low of 3.9% in July

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..

Barclays announces sale of remaining shares in South Africa’s Absa

Barclays announces sale of remaining shares in South Africa’s Absa

LONDON (Reuters) – Barclays will sell its remaining 7.4% stake in South African bank Absa, it said on Wednesday, completing its ..

O’Grady to return to Bank of Ireland as CEO – Irish Times

O’Grady to return to Bank of Ireland as CEO – Irish Times

DUBLIN (Reuters) – Bank of Ireland’s board has selected the group’s former chief financial officer Myles O’Gra..

Parched UAE turns to science to squeeze more rainfall from clouds

Parched UAE turns to science to squeeze more rainfall from clouds

By Abir Ahmar ABU DHABI (Reuters) – As a twin-turboprop aircraft takes off under the burning desert sun with dozens of salt cani..

Schlumberger, Subsea 7 and Aker Solutions to form subsea engineering firm

Schlumberger, Subsea 7 and Aker Solutions to form subsea engineering firm

OSLO (Reuters) – U.S. engineering firm Schlumberger and Norway’s Aker Solutions plan to merge their subsea oil and gas con..

PIMCO cut big position in Russia CDS by adding bonds in Q2

PIMCO cut big position in Russia CDS by adding bonds in Q2

By Davide Barbuscia NEW YORK (Reuters) – PIMCO’s largest investment fund bought Russia government international bonds and ..

Toyota’s July global vehicle output drops again, puts annual target in doubt

Toyota’s July global vehicle output drops again, puts annual target in doubt

(Reuters) -Toyota Motor Corp said on Tuesday its July global vehicle production had fallen 8.6% year-on-year, missing its target for t..

Rate fever propels dollar, wallops stocks and bonds

Rate fever propels dollar, wallops stocks and bonds

By Dhara Ranasinghe and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks slumped on Monday as the growing risk of more aggr..

EEX markets to remain open as power prices soar – statement

EEX markets to remain open as power prices soar – statement

FRANKFURT (Reuters) – The European Energy Exchange said on Monday the bourse would remain open in its transparent price-setting ..

Swiss watchmakers remain upbeat ahead of Geneva gathering

Swiss watchmakers remain upbeat ahead of Geneva gathering

By Silke Koltrowitz ZURICH (Reuters) – Swiss watchmakers are not seeing signs so far that geopolitical tensions and recession fe..