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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Searches for ‘apply for a loan’ explode 295% as energy costs rise
Analysis of Google search data reveals that searches for ‘apply for a loan’ exploded 295% in the United Kingdom as of 26th of August 2..
Finance
Tennis-Williams retirement on hold after win over world number two
By Steve Keating NEW YORK (Reuters) -Playing more like a world number one than a player ranked outside the top 600, Serena Williams tu..
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UK factories suffer worst month since May 2020 as economy stumbles – PMI
LONDON (Reuters) – British manufacturing output and new orders fell by the most in more than two years in August in the face of ..
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London stocks fall 1% on weak global growth outlook
By Johann M Cherian and Bansari Mayur Kamdar (Reuters) -UK’s FTSE 100 index fell sharply on Thursday as mining stocks dragged th..
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Australia’s property downturn puts home buyers in double mortgage bind
By Byron Kaye SYDNEY (Reuters) -Australia’s housing market downturn is squeezing many home sellers into a double bind: They̵..
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Boeing expects MAX 7 to be certified before MAX 10 – executive
NEW DELHI (Reuters) -Boeing Co expects the 737 MAX 7 will be certified by the end of the year and the larger MAX 10 in the first half ..
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After long drought, China plots ambitious water infrastructure push
By David Stanway SHANGHAI (Reuters) – After a record heatwave parched large areas of the Yangtze basin, Chinese provinces are pl..
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Volkswagen’s Mexico factory workers reject union pay deal
MEXICO CITY (Reuters) – Volkswagen workers at its main Mexico factory rejected a deal for a 9% pay hike, an official statement s..
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Standard Chartered rolls out digital bank in hot Singapore market
SINGAPORE (Reuters) – Standard Chartered and FairPrice Group on Thursday rolled out their digital bank focusing on SingaporeR..
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UK house prices speed up but slowdown coming, Nationwide says
LONDON (Reuters) – British house prices rose at a faster monthly pace in August than in July but the market is set to cool as su..
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Marketmind: Moment in the sun
A look at the day ahead in European and global markets from Tom Westbrook Summer may be finished, but the hot sun is helping energy pr..
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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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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 ..
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Predictive maintenance technology – is this the key to zero downtime in public transportation?
By Nuno Mendes, Head of Product at Stratio With recent advancements in technology, transport companies can now track and c..
Technology
Russia’s Gazprom expects increase in 2022 revenue
MOSCOW (Reuters) -Russian gas giant Gazprom showed very good results in the first half and its 2022 revenue will exceed last year̵..
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EDF staff, shareholders file complaint over management
By Julien Ponthus and Tassilo Hummel PARIS (Reuters) – An association of EDF staffers and shareholders seeking a higher price fo..
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UniCredit gets ECB’s green light for second 1 billion euro share buyback
By Valentina Za MILAN (Reuters) – UniCredit on Wednesday said it had gained supervisory approval for a new share buyback of up t..
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Spanish toddler dies after being hit by giant hailstone
MADRID (Reuters) – A 20-month-old girl died after being struck on the head during a violent hailstorm that caused havoc in Catal..
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Foreign tourism to Portugal surpasses pre-COVID levels in July
LISBON (Reuters) – The number of foreign tourists visiting Portugal slightly surpassed pre-pandemic levels in July for the first..
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Investors flee UK bonds, pushing gilts to huge monthly loss
LONDON (Reuters) -Investors alarmed at Britain’s bleak economic outlook and political uncertainty dumped government bonds on Wed..
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Euro slips back below parity, Norwegian krone falls on planned cbank FX purchases
By Samuel Indyk LONDON (Reuters) – The euro slipped back below parity against the dollar on Wednesday and was on track for its t..
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Britain’s Queen Elizabeth will appoint new prime minister at Balmoral
LONDON (Reuters) -Queen Elizabeth will break with tradition to appoint Britain’s new prime minister at her Balmoral Castle resid..
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