FTSE 100 subdued as UK inflation hits double digits
By Sruthi Shankar and Johann M Cherian (Reuters) -UK’s FTSE 100 was muted on Wednesday after data showed inflation hit double di..
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Cineworld plunges as lack of blockbusters adds to debt woes
By Pushkala Aripaka (Reuters) -Cineworld warned on Wednesday a lack of big-budget movies was hitting admissions and would likely persi..
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Exclusive-China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources
SHANGHAI (Reuters) -China’s EVE Energy Co Ltd will supply BMW with large cylindrical batteries for its electric cars in Europe, ..
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Norway’s wealth fund loses $174 billion in first half of 2022
By Victoria Klesty OSLO (Reuters) – Norway’s sovereign wealth fund, the world’s largest, made a loss of 1.68 trillio..
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Rohingya refugees in India’s capital to be given flats, security
By Krishna N. Das NEW DELHI (Reuters) -Rohingya refugees from Myanmar in India’s capital will be allotted apartments and provide..
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Analysis: Action wanes at U.N. to isolate Russia almost six months into Ukraine war
By Michelle Nichols and Emma Farge UNITED NATIONS/GENEVA (Reuters) – On a June night under the chandeliers of Russia’s Uni..
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London set for hosepipe ban from Aug. 24 – water company
LONDON (Reuters) – Thames Water, which serves customers in and around the British capital London, said on Wednesday it was banni..
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S.Korea calls for talks as N.Korea test fires missiles
By Hyonhee Shin and Soo-hyang Choi SEOUL (Reuters) – Talks with North Korea should not be for political show but contribute to e..
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NZ, Aussie dlrs have busy day, Fed minutes loom
By Alun John HONG KONG (Reuters) – The Australian and New Zealand dollars were volatile in Asia on Wednesday, before ending up b..
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Analysis-As earnings support U.S. stock rebound, worries over future profits grow
By Lewis Krauskopf NEW YORK (Reuters) – Stronger-than-expected corporate earnings have helped fuel the rebound for U.S. stocks b..
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Analysis-Oil prices turn more volatile as investors exit the market
By Stephanie Kelly and Noah Browning NEW YORK/LONDON (Reuters) – Traders and fund managers have left crude oil markets in recent..
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UK sees biggest rise in foreign workers since COVID-19 pandemic
By David Milliken LONDON (Reuters) – Britain recorded its biggest rise in foreign workers since the start of the COVID-19 pandem..
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Abris-backed GreenGroup buys UAB Ecso
Central European circular economy leader GreenGroup enters the polyolefin recycling market with Lithuanian investment August 2022, Vil..
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Feeling the pinch? Amid mobile operator price increases, here’s how to avoid the hike
The rising cost of living is difficult to avoid. April 2022 saw food prices increase by 6.7 per cent, the highest petrol prices on rec..
Finance
Digital River’s Global Seller Services Powers Microsoft Design Lab’s Global Re-Launch
Leveraging Digital River’s capabilities in entering international markets, Microsoft’s custom Xbox Controller portal is now available ..
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European stocks rally for fifth day as defensives, miners climb
By Sruthi Shankar (Reuters) -European shares extended gains for a fifth straight session on Tuesday, buoyed by defensive sectors and m..
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Russia says ‘no need’ to use nuclear weapons in Ukraine
MOSCOW (Reuters) – Russia has “no need” to use nuclear weapons in Ukraine, its defence minister said on Tuesday, des..
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Can the Right MDM for Android TVs Improve Your Work Environment?
By Nadav Avni, Chief Marketing Officer at Radix Technologies With the growing popularity of smart TVs worldwide, the deman..
Business
Capita joins forces with social impact firm WithYouWithMe to help military veterans fill UK’s chronic digital skills gap
By Military veteran Tom Moore , founder and CEO of WithYouWithMe 9th August, LONDON: Capita plc (‘Capita’) is pleased to a..
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The cost of trading crisis: ShelfNow shares how SMEs can operate more efficiently
August 2022: The latest economic forecasts predict stagnated growth across the UK economy next year and a recent survey has found that..
Business
Analysis-Trapped cash mangles China’s policy plans
By Samuel Shen and Brenda Goh SHANGHAI (Reuters) – China’s surprise cut in key policy rates this week highlights a dilemma..
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Britain launches trade system for developing countries
LONDON (Reuters) – Britain has launched a scheme to extend tariff cuts to hundreds of products, such as clothes and food, from d..
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Sterling little changed after mixed labour market data
By Samuel Indyk LONDON (Reuters) – The British pound was little changed on Tuesday, having briefly fallen to its lowest level in..
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UK’s hot labour market cools and inflation eats pay
By William Schomberg and David Milliken LONDON (Reuters) -Britain’s super-hot labour market showed signs of cooling in official ..
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Bill Gates, South Korea expand global health partnership
By Joori Roh and Joyce Lee SEOUL (Reuters) – South Korea agreed on Tuesday to expand its global health partnership with the foun..
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BP solar joint venture expanding in Australia with two new projects
By Sonali Paul MELBOURNE (Reuters) – Solar developer Lightsource bp is set to reach financial close later this year on two new s..
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Rouble weakens towards 62 vs dollar, stocks up
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) R..
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Turkey says five more grain ships leave Ukrainian ports
ISTANBUL (Reuters) – Five more ships have left Ukrainian ports carrying corn and wheat, three from Chornomorsk and two from Pivd..
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Delivery Hero sees higher gross merchandise value in third quarter
(Reuters) -German online takeaway food company Delivery Hero on Tuesday forecast a 7% jump in its third-quarter gross merchandise valu..
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Average annual UK grocery bill highest since at least 2008 -industry data
LONDON (Reuters) – UK grocery inflation hit 11.6% in August, the highest level since at least 2008, adding 533 pounds ($642) to ..
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UK to offer COVID booster to all adults from September
By Natalie Grover LONDON (Reuters) -All adults in the United Kingdom will be offered a COVID-19 booster starting from September, healt..
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Factbox-Europe’s efforts to shield households from soaring energy costs
By Bozorgmehr Sharafedin (Reuters) – Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in ..
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Stocks, U.S. dollar gain despite surprise weak China data
By Chibuike Oguh New York (Reuters) – Global equities and the U.S. dollar advanced on Monday despite weaker-than-expected econom..
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UK first to approve Omicron COVID shot with Moderna nod
By Natalie Grover LONDON (Reuters) -Britain, the first country to approve a coronavirus vaccine in late 2020, has now also given the f..
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Explainer-Why Europe faces climbing energy bills
By Nina Chestney A global surge in wholesale power and gas prices means households across Europe face much higher energy bills this ye..
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Stocks struggle as China rate cut sends oil tumbling
By Huw Jones LONDON (Reuters) – Global shares struggled to advance on Monday while investors digested news of an unexpected cut ..
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Rouble falls past 61 vs dollar as conversion of depository receipts begins
MOSCOW (Reuters) -The rouble slid past 61 to the dollar on Monday as the conversion of depository receipts in Russian companies to loc..
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