Resilient U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar surged to a 24-year peak against the yen and a 37-year high versus sterling..
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Europe unveils hi-tech satellite to speed up extreme weather warnings
By Tim Hepher CANNES, France (Reuters) – Europe on Wednesday unveiled the first of a 4 billion euro ($4 billion) family of satel..
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Video game maker CD Projekt’s first-half profit beats expectations
(Reuters) -Polish video game maker CD Projekt’s is planning to release one major expansion of its flagship Cyberpunk game, after..
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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 ..
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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 fiel..
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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 wire..
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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 ma..
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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, wit..
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Ecommerce businesses losing at least 10% in revenue due to downtime and website performance issues, reveals survey of UK ecommerce leaders
Box UK survey finds 88% of ecommerce leaders concerned about technical debt following “kneejerk” digitalisation 8 SEPT, 2022. ..
Business
Greece considers listing 30% stake in Athens airport
ATHENS (Reuters) -Greece is considering listing a 30% stake in Athens International Airport, a government official said on Wednesday, ..
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UK’s finance minister sets out new economic approach to finance bosses
LONDON (Reuters) – Britain’s finance minister Kwasi Kwarteng said on Wednesday he had set out the new Prime Minister Liz T..
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BoE’s Bailey speaks about surging inflation and rate hikes
LONDON (Reuters) – Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to lawmake..
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Murmurs of ‘sterling crisis’ no longer fanciful: Mike Dolan
By Mike Dolan LONDON (Reuters) – Even though fears of another “sterling crisis” have been wide of the mark for decad..
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Europe’s alternatives if Russia shuts off gas supply
(This September 2 story corrects to show Germany plans to build five LNG terminals not two) By Nina Chestney LONDON – The Nord S..
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Finnair to cut costs, reduce fleet to return profitable
(Corrects to read Wednesday (not Monday), paragraph 1) HELSINKI (Reuters) – Finnair will reduce its fleet, cut costs and seek to..
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UK housing market keeps momentum but slowdown ahead: Halifax
LONDON (Reuters) -British house prices rose in August although a torrid economic outlook spells trouble for the housing market in the ..
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EU, U.S. step up Russian aluminium, nickel imports since Ukraine war
By Eric Onstad LONDON (Reuters) -The European Union and United States have ramped up buying key industrial metals from Russia, data sh..
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Analysis-Europe’s banks dim lights as they brace for winter blackout
By Sinead Cruise and Iain Withers LONDON (Reuters) – Some of Europe’s biggest banks are preparing back-up generators and t..
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Druva Appoints Tom Brown as Chief Human Resources Officer
SANTA CLARA, Calif. ‒ Aug. 29, 2022 ‒ Druva Inc. today announced the appointment of Tom Brown as Chief Human Resources Officer ..
Business
Eurex expands FX Futures offering to Emerging Markets currencies
New Eurex FX Futures contracts cover Brazil, Mexico, South Africa Cash settlement eliminates need for new settlement infrast..
Finance
VidMob raises $110 million in Series D Investment Round
Strong momentum as customers turn to Intelligent Creative as a core driver of marketing performance Investment enables ..
Finance
Lancashire County Council aims to improve bus journeys using real-time monitoring & analysis
∙ In March, Atkins successfully partnered with Alchera to deliver its Pinch-Point Analysis Tool to analyse 59 junctions ..
Business
Two in five British brands consider switching to UK manufacturers as shipping costs rise
47% prioritise retail partnerships and just 19% DTC as customer acquisition costs rise 45% say expensive shipping is the bigge..
Finance
Experts answer the most Googled questions about online trading
Online trading is forecast to continue increasing over the next six years Financial brokerage, XTB, reveal the potential knowl..
Business
Russia’s largest lender Sberbank on track to profitability, says CEO
By Alexander Marrow VLADIVOSTOK, Russia (Reuters) -Russia’s top lender Sberbank is on track to profitability and expects positiv..
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Worst not over for EM currencies as U.S. dollar thunders on: Reuters poll
By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – Emerging market currencies will find it difficult to reclaim..
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China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft
By Mathieu Rosemain, Tassilo Hummel and Julie Zhu PARIS/HONG KONG (Reuters) -Tencent Holdings Ltd is raising its stake in Ubisoft Ente..
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Ireland to turn heat down in public buildings, shut empty office floors
DUBLIN (Reuters) – Ireland will turn the heating down in public buildings and ask public sector office employees to work on the ..
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Transport operator Go-Ahead flags cyber security breach
LONDON (Reuters) – British transport operator Go-Ahead said that it had detected “unauthorised activity” on its netw..
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Exclusive-Repsol agrees to sell Alberta oil assets to CPPIB backed-Teine Energy -sources
By Shariq Khan (Reuters) – Repsol SA has agreed to sell about 95,000 net acres (38,000 hectares) of oil and gas producing land i..
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Video Games Tax Relief claims up 4% with £197m+ paid out
By Emma Lewis, Myriad Associates Latest statistics from HMRC have now been published around creative sector..
Finance
Ferragamo sales beat forecasts in H1 despite slowdown in China
MILAN (Reuters) -Revenues at Italian luxury group Salvatore Ferragamo topped market forecasts in the first half of the year despite a ..
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Europe power firms need 1.5 trillion euros in margin calls, Equinor says
By Marwa Rashad LONDON (Reuters) -European energy companies need at least 1.5 trillion euros ($1.5 trillion) to cover the cost of thei..
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Factbox-Europe’s travel disruption set to continue as summer ends
(Reuters) – Strikes and staff shortages have forced airlines to cancel thousands of flights to avoid hours-long queues at major ..
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Britain’s Lloyds racks up $350 million of likely scam COVID loans
By Lawrence White and Iain Withers LONDON (Reuters) -Lloyds Banking Group has been hit by more than 300 million pounds ($348 million) ..
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Low-carbon bitcoin? Crypto miners’ green power talk angers Texas locals
By Avi Asher -Schapiro CORSICANA, Texas (Thomson Reuters Foundation) – As temperatures crept above 100 degrees Fahrenheit (37.8C..
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Factbox-Hurdles for Germany’s planned nuclear winter reserve
(Reuters) – Germany wants to keep two southern nuclear plants, Isar 2 and Neckarwestheim 2 open in reserve mode beyond their sch..
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