Oil rises on prospect of OPEC supply cut, demand growth
By Sonali Paul and Mohi Narayan (Reuters) -Oil prices rose 1% on Monday, as expectations that OPEC would cut output if needed to suppo..
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NASA’s next-generation megarocket set for debut test launch to moon
By Joey Roulette and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) – NASA’s colossal next-generation rocketship was set for ..
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Johnny Depp makes surprise appearance at MTV’s Video Music Awards
By Lisa Richwine (Reuters) – Actor Johnny Depp, who is trying to rebuild his career after an ugly defamation fight with his ex-w..
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China July industrial profits down as COVID curbs, heatwaves hit
SHANGHAI (Reuters) -Profits at China’s industrial firms sank in July, reversing previous gains as fresh COVID-19 curbs dragged d..
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Entrepreneur’s business will unlock housing market for buyers with low deposits
An entrepreneur who has developed a fairer system for mortgage lending hopes it will enable many more people to own a home. Eliot Darc..
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Ofgem announce energy cap rise with bills set to cost almost £300 per month for the average household
London, 26th August – Ofgem, the government regulator for the electricity and gas markets in the UK, has announced a further rise in t..
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Almost half of students leaving school are considering ditching university to launch their own business
∙ Study reveals 45% of 16–19-year-olds may ditch university plans to become entrepreneurs ∙ Cost of higher education is pu..
Business
Analysis-Forget showering, it’s eat or heat for shocked Europeans hit by energy crisis
By Bozorgmehr Sharafedin and Canan Sevgili LONDON (Reuters) – No more ironing, limited oven use and showering at work – Eu..
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Investors eye lower Wall Street on Powell nerves
By Carolyn Cohn LONDON (Reuters) – U.S. stock futures were indicating a lower open on Wall Street on Friday while world stocks w..
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SugarCRM and ResPax Partner to Launch First Fully Integrated CRM and Tour Booking Platform for the Travel and Tourism Industry
CUPERTINO, Calif. – August 25, 2022 – SugarCRM, provider of the award-winning AI-driven CRM platform and ResPax, a leading tour reserv..
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Prince Harry hopes Diana death anniversary will be ‘filled with memories’
LONDON (Reuters) – Britain’s Prince Harry said he wished his children could have met his mother Princess Diana and hoped t..
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Dollar dips ahead of Powell speech
By Iain Withers LONDON (Reuters) – The dollar dipped against other major currencies on Friday, ahead of U.S. Federal Reserve Cha..
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Hungary cenbank seen hiking 100 bps to 11.75% next week as inflation surges
By Krisztina Than BUDAPEST (Reuters) – Hungary’s central bank is expected to raise its base interest rate by 100 basis poi..
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Funds from electricity levy could help German households, says renewables association
BERLIN – A multi-billion-euro account fed by a now-suspended surcharge on electricity prices could be used to provide German hou..
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Global equity funds see large outflows on slowdown worries
(Reuters) – Global equity funds witnessed their biggest weekly capital withdrawals in five weeks in the week to Aug. 24 on conce..
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Heavy Norwegian gas maintenance adds to energy price pressure
By Nora Buli OSLO (Reuters) – Norway, which has overtaken Russia as the biggest gas supplier to Europe in the wake of the war in..
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European stocks slip on dour German sentiment survey ahead of Powell speech
By Anisha Sircar (Reuters) -European shares slipped on Friday as investors fretted over downbeat German consumer sentiment data due to..
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Thousands of British postal workers walk out over pay
LONDON (Reuters) – More than 115,000 workers at Britain’s Royal Mail began the first of four days of strike action on Frid..
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Factbox-How far are UK energy bills set to rise and what help are consumers getting?
LONDON (Reuters) – Britain’s energy regulator Ofgem said on Friday the cap on domestic energy prices would rise to 3,549 p..
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FTSE 100 extends gains, Micro Focus soars on buyout deal
By Johann M Cherian and Sruthi Shankar (Reuters) -UK’s blue-chip index rose for a second straight day on Friday on gains in comm..
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Russian rouble opens flat, sticks to 60-mark against U.S. dollar
(Reuters) – The Russian rouble opened flat in trading on Friday as month-end tax payments by exporters helped keep the currency ..
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Sentiment among German exporters falls for third month in a row -Ifo
BERLIN (Reuters) – Sentiment among German exporters fell for the third month in a row in August as high gas prices and a weak gl..
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New UK PM will need to take urgent action on energy bills – Ofgem CEO
LONDON (Reuters) – Britain’s new prime minister will need to act urgently to address the issue of soaring energy prices, t..
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UK’s Micro Focus shares nearly double after Canada’s OpenText agrees $6 billion takeover
By Eva Mathews and Krystal Hu (Reuters) -Shares of Micro Focus soared more than 90% on Friday after Canadian software company OpenText..
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Most of BP’s Whiting refinery units shut following fire -sources
HOUSTON (Reuters) -Most of the units at BP Plc’s 435,000 barrel-per-day Whiting, Indiana, refinery were out of production on Thursday ..
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Decision to end ECB reinvestments takes back seat to rate hikes, sources say
By Balazs Koranyi JACKSON HOLE, Wyo. (Reuters) – The European Central Bank could soon start talks on ending reinvestments of cas..
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Carlsberg’s Poland unit could stop production; lack of CO2 threatens food industry
GDANSK (Reuters) -Danish brewery Carlsberg’s subsidiary in Poland could cut or halt beer production due to a lack of carbon diox..
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Celonis Secures $1 Billion to Help Customers Fight Economic and Supply Chain Challenges with Process Improvements
Includes a $400 Million Series D Extension and a Historic $600 Million Credit Facility Investment Based on Celonis’ Unique Po..
Business
Rising inflation has impacted 95% of UK SMEs, with post-pandemic staffing challenges taking a heavy toll
In a study conducted for NatWest’s Mentor by OnePoll, the extent of current hardships and emerging concerns faced by the UK’s S..
Finance
Gender diversity in fintech: Making a difference from the inside out
By Rosie McConnell, Head of Product at IFX Payments The Fintech industry is often admired for its unmatched level of grow..
Technology
NICE Actimize SURVEIL-X Markets Surveillance Cloud Solution Selected by Olivetree Financial to Monitor Market Abuse and Support Multiple Asset Classes
August 23rd, 2022 Hoboken, N.J., August 23, 2022 – NICE Actimize, a NICE (NASDAQ: NICE) business, today announced that Olivetre..
Technology
Surge in demand for sustainable business courses to decrease environmental impact
When a report by CDP Global revealed that 100 companies are responsible for 71% of global emissions in the last two decades1,..
Opinion
Open Data Platform Raises 650K EUR in Follow-up Funding Round Despite Venture Capital Slowdown
Okredo, an open data platform, raises 650,000 EUR in its follow-up funding round, having already raised 1 million EUR six month..
Business
Dukkantek seals $10m funding round as it scales digital ecosystem for SMB retail sector in MENA
Demand surges for Dukkantek digital transformation services to improve business processes. 19th August 2022; Store management ..
Finance
Deel launches Instant Card Transfer to help make paying contractors quicker and easier
Contractors across the globe can get paid within seconds instead of days, thanks to Deel’s new Instant Card Transfer feature Lo..
Finance
Inflation, recession, stagflation? But don’t admit defeat with your money!
August 25 2022 Ignore the risks that inflation, recession and possible stagflation pose to your money, and it could be a very costly m..
News
After rescue by Open Arms, 99 migrants wait to dock in Europe
By Juan Medina ABOARD THE OPEN ARMS UNO, off Sicily (Reuters) – Around 30 nautical miles off the coast of Italy’s Sicily, ..
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