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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FTSE 100 up as AstraZeneca gains offset commodity losses
By Sruthi Shankar (Reuters) -UK’s FTSE 100 edged up on Monday as gains in drugmaker AstraZeneca and consumer stocks relieved pre..
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Tennis-Murray returns to Britain’s Davis Cup squad
(Reuters) – Three-times Grand Slam champion Andy Murray has been included in Britain’s team for the group stage of the Dav..
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SAS bridge financing keeps survival hopes airborne, shares climb
STOCKHOLM (Reuters) – Scandinavian airline SAS kept its bid for survival aloft at the weekend by securing bridge financing throu..
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European shares edge higher on healthcare lift, weak China data stokes worries
By Sruthi Shankar (Reuters) -European shares hovered near two-month highs on Monday, as signs of a slowing Chinese economy prompted in..
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Prince Harry and Meghan to visit Britain next month
LONDON (Reuters) – Prince Harry and his wife Meghan will visit Britain and Germany in the first week of September as part of the..
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China regulator says Alibaba, Tencent have submitted app algorithm details
SHANGHAI (Reuters) – China’s top internet watchdog said on Friday tech giants such as Tencent Holdings and Alibaba Group h..
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Sterling falls vs dollar as focus turns to UK data
LONDON (Reuters) – The British pound fell on Monday against a broadly stronger dollar at the start of a week where traders and t..
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Biotech stocks pin bounce back hopes on M&A boost
By Amruta Khandekar and Leroy Leo (Reuters) – Plunging valuations have made biotech companies tempting acquisition targets for c..
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Automakers scramble to decode new U.S. EV tax credits
By David Shepardson and Joseph White WASHINGTON (Reuters) – U.S. automakers and dealers are scrambling to figure out if they can..
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U.S. inflation outlook brightens as import prices fall, consumer sentiment rises
(Reuters) – U.S. import prices fell for the first time in seven months in July, helped by a strong dollar and lower fuel and non..
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Mercedes Benz becomes first partner of CATL’s new Hungary battery plant
BERLIN (Reuters) -Mercedes-Benz is the first carmaker to receive cells from a new 7.34 billion euro ($7.56 billion) battery factory Ch..
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Britain considers energy bill subsidy for industrial firms
LONDON (Reuters) -Britain is considering plans to subsidise power bills for energy intensive industries such as steel and cement, in a..
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German regulator calls on Allianz to improve controls – source
FRANKFURT (Reuters) – Germany’s financial watchdog BaFin has called on Allianz to improve its internal controls following ..
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Risk of new wildfires in southwestern France as heatwave persists
By Stephane Mahe and Manuel Ausloos SAINT-MAGNE, France (Reuters) – High temperatures and a worsening drought brought a high ris..
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FTSE 100 climbs on smaller-than-expected GDP contraction, GSK rebound
By Sruthi Shankar (Reuters) – London’s FTSE 100 rose on Friday after data showed Britain’s economy contracted less t..
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Flutter’s full-year earnings turnaround forecast sends shares higher
DUBLIN (Reuters) -Flutter posted a 20% fall in first-half earnings but saw no sign of cash-strapped customers betting less and expects..
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Stocks lose ground, Treasury yields climb after inflation data
By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and Nasdaq finished in the red while Treasury yields rose as investors dige..
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Oil prices slip on cloudy demand outlook, but poised for weekly gain
By Sonali Paul and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices dropped in Asia trade on Friday amid an uncertain demand outlook, thoug..
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Walmart’s long-lasting challenge: luring budget shoppers back to its stores
By Arriana McLymore and Siddharth Cavale (Reuters) – Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted ..
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How to streamline logistics costs
By Gary Dodsworth, UK Road Director at Rhenus Logistics. Research shows 71 percent of UK logistics companies have reporte..
Business
Coca-Cola HBC flags one-time $195 million hit from Russian operations
By Amna Karimi (Reuters) -Coca-Cola HBC AG said on Thursday it took a one-time hit of 190 million euros ($195.4 million) in the first ..
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Inability to Fully Utilize Digital Tools Cost Enterprises Nearly $100 Million Last Year, WalkMe Research Finds
67% of enterprises are under ‘incredible pressure’ to accelerate digital transformation, but 60% say change management program..
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Business a little risk averse? Tips to better manage the innovation gamble
By Emma Lewis, Tax Cloud Innovation and risk go hand in hand; you can’t have one without the other. But in these t..
Business
Stocks climb, yields fall with dollar on inflation data
By Sinéad Carew NEW YORK (Reuters) – Wall Street equities rallied and Treasury yields plunged after signs of sharply deceleratin..
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Diversity on company boards is sacrificed when firms underperform
Thursday 4 August 2022 Businesses are more likely to sacrifice gender and racial diversity on their boards when they are underp..
Business
Almost 40% of women experience imposter syndrome when offered a promotion
Wednesday 3 August 2022 Imposter syndrome is amongst the top reasons why women reject promotions, new research from ESSE..
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