Britain’s bleak outlook sets sterling to downward spiral
By Joice Alves LONDON (Reuters) – Sterling edged lower on Tuesday against the euro and was set for its biggest monthly fall agai..
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BEIJING/SHENZHEN, China (Reuters) -Several of China’s biggest cities imposed tougher COVID-19 curbs on Tuesday, further crimping..
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Pakistan floods add to pain for struggling small businesses
By Zofeen T. Ebrahim KARACHI, Pakistan (Thomson Reuters Foundation) – Dipping a roller into a tray of blue paint, Mohammad Rashi..
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For refugees in Cameroon, digital IDs are a life changer
By Maikem Emmanuela YAOUNDE (Thomson Reuters Foundation) – As a refugee in Cameroon, Shelley Teckombi Yazembrou struggled for ne..
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Banks, oil majors lift British shares higher
By Bansari Mayur Kamdar and Johann M Cherian (Reuters) -UK’s FTSE 100 reversed early losses on Tuesday, as banks and energy stoc..
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Banks lift European bourses as rate hike, recession fears grow
By Anisha Sircar (Reuters) -European shares rose on Tuesday following a two-day slump as banking stocks boosted bourses on the back of..
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Spain August 12-month inflation slows to 10.4% YoY; oil gives a break
(Reuters) – Spanish domestic consumer prices have eased despite remaining high, mainly due to lower fuel prices against a rise i..
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Switzerland’s engineering sector urges country to start energy saving now
ZURICH (Reuters) – Switzerland’s mechanical and electrical engineering sector said on Tuesday that businesses and househol..
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PROTEX AI APPOINTS HOUSTON TO SUPPORT UK AND IRELAND GROWTH PLANS
25 August 2022 Protex AI, a rising start-up specialising in the use of AI-powered EHSQ technology, has appointed leading commun..
Business
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..
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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..
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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..
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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 ..
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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..
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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..
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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 ..
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Revealed: 30% of aspiring business owners are put off by the cost of launching a business
Moneypenny has completed two separate surveys, one to gauge the confidence amongst business owners and senior decision-makers in their..
Business
Why organisations must prioritise workers comfort in the office
With many companies across the UK trialling a four-day working week, organisations are being prompted to identify new ways..
Business
Strategies to Employ During Global Expansion
By: Andy Latkovskis, HR Officer, New Horizons Global Partners In the current highly competitive business environment, thinking of a gl..
Business
Ukraine and Russia: What you need to know right now
(Reuters) – Ukraine announced the start of a long-awaited counter-offensive to retake territory in the south seized by Russian f..
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Want a Successful Global Business? Focus on International Payroll
By: Andy Latkovskis, HR Officer, New Horizons Global Partners Building a global business is essential in the current highly competitiv..
Business
Traders ramp up bets on 75 basis-point ECB Sept hike, bond yields jump
By Yoruk Bahceli (Reuters) -Euro zone money markets moved on Monday to price in a two-thirds chance of a large 75 basis-point European..
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Oil rises on prospect of OPEC+ supply cut
By Alex Lawler LONDON (Reuters) -Oil rose more than 1% on Monday, extending last week’s gain, as potential OPEC+ output cuts and..
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Floods, other water-related disasters could cost global economy $5.6 trillion by 2050 -report
By Gloria Dickie LONDON (Reuters) – Worsening droughts, storms and torrential rain in some of the world’s largest economie..
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ECB should raise rates at steady pace, chief economist says
FRANKFURT (Reuters) -The European Central Bank should raise interest rates at a “steady pace” until the end of its hiking ..
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Russian rouble firms towards 60 vs dollar, stocks up
MOSCOW (Reuters) -The rouble firmed towards 60 against the dollar on Monday, supported by the last month-end tax payments that boost d..
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Pain of breaking inflation will reverberate around the globe
By Balazs Koranyi and Howard Schneider JACKSON HOLE, Wyo. (Reuters) -The message from the world’s top finance chiefs is loud and..
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Russia sharply scales back Far East war games with China
By Mark Trevelyan LONDON (Reuters) – Russian military exercises in the Far East this week will take place on a far smaller scale..
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Dutch wind farm blows away opposition as ‘new millers’ get a stake
By Esther Verkaik ZEEWOLDE, Netherlands (Reuters) – Authorities in the Dutch city of Zeewolde have opened one of the countryR..
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Belgium supports energy price caps, suspending trading in EU power crunch
BRUSSELS (Reuters) – Belgium has backed introducing price caps for European Union’s gas and electricity hubs, as well as s..
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Elon Musk: focused on getting self-driving Teslas in wide release by year-end
By Nerijus Adomaitis and Nora Buli STAVANGER, Norway (Reuters) -Tesla chief Elon Musk said on Monday he aimed to get the electric auto..
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Oil trio’s Northern Lights in Yara CO2 emissions storage deal
By Nerijus Adomaitis and Nora Buli STAVANGER, Norway (Reuters) -Norwegian carbon dioxide (CO2) storage company Northern Lights and its..
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A staggering 95% of motorists express concerns about a new rule which allows drivers of autonomous vehicles to watch a movie when the vehicle is in self-drive mode
Venson says fleet managers need to be prepared for an autonomous future August 25, 2022 – Self-driving vehicles could be on Britain&#..
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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..
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Sony to buy mobile game developer in push beyond consoles
By Sam Nussey TOKYO (Reuters) – Sony Group Corp on Monday said it will acquire Helsinki and Berlin-based mobile games business S..
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Finnair partners with Qatar Airways in search of new routes
(Reuters) – Finnair will establish a strategic partnership with Qatar Airways to open up new routes from Nordic capitals ..
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IKEA stores owner buys 49% stake in Swedish wind power projects
STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in t..
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