Next year’s Geneva auto show cancelled -organisers
ZURICH (Reuters) – The Geneva International Motor Show scheduled to take place in February has been cancelled for the fourth yea..
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Record numbers resign in France as bargaining power balance shifts -labour ministry
By Myriam Rivet and Tassilo Hummel PARIS (Reuters) – More French employees than ever quit their jobs at the end of 2021 and star..
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Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports
By Elizabeth Howcroft LONDON (Reuters) -Tether, the world’s largest stablecoin, said on Thursday it had appointed accounting fir..
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German gas import costs surge 153% in first half as imports drop 24%
FRANKFURT (Reuters) – German natural gas import costs rose by 153% in the first six months of 2022 from a year earlier, even tho..
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Shares choppy, U.S. yields fall as investors digest Fed minutes
By Chibuike Oguh NEW YORK (Reuters) – Global equity markets were choppy and U.S. Treasury yields fell on Thursday, as uncertaint..
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Energy squeeze could see Berlin’s gaslights flicker out
By Thomas Escritt BERLIN (Reuters) – The night has a different colour in parts of Berlin where the streets are lit by gas: the l..
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German gas storage levy adds to energy consumers’ woes
By Vera Eckert BERLIN (Reuters) -A charge to fund gas imports into Germany to boost national stocks has been set at 0.59 euro per mega..
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German bond yields rise after Schnabel fuels inflation worries
By Stefano Rebaudo (Reuters) -German bond yields rose on Thursday after European Central Bank board member Isabel Schnabel fuelled inf..
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Explainer-Could Germany keep its nuclear plants running?
FRANKFURT (Reuters) – German utilities have said they may operate the country’s three remaining nuclear reactors beyond th..
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Dollar bounces as Fed seen keeping up aggressive rate hikes
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar index hit a three-week high on Thursday as investors reevaluated Wednesda..
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Asset managers on alert after ‘WhatsApp’ crackdown on banks
By Iain Withers and Sinead Cruise LONDON (Reuters) – Asset managers are tightening controls on personal communication tools such..
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Russia’s Ochakovo ups soft drink bottling capacity as Western rivals leave
MOSCOW (Reuters) – Russian drinks producer Ochakovo on Thursday said it had increased the annual bottling capacity of its CoolCo..
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Britain to receive rare LNG cargo from Australia, Oman
By Marwa Rashad LONDON (Reuters) -Britain is set to receive a rare shipment of liquefied natural gas (LNG) sourced from Australia and ..
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German heat pump bonanza test industry’s resilience in Russian gas crunch
By Thomas Escritt HOLZMINDEN, Germany (Reuters) – In a way, Stiebel Eltron has never had it so good. The heating manufacturer’s ..
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Bank of England sets out plans to sell $23 billion corporate bond stockpile
By David Milliken LONDON (Reuters) – The Bank of England set out plans on Thursday to auction off around 200 million pounds ($24..
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Poland’s PGNiG in talks to get more gas from Norway through new Baltic Pipe
WARSAW/GDANSK (Reuters) -Poland’s PGNiG is in advanced talks to source more gas from Norway through the new Baltic Pipe linking ..
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Exclusive-China regulator launches new probe into banks’ property loan exposure – sources
By Engen Tham and Ziyi Tang SHANGHAI/BEIJING (Reuters) -China’s banking regulator is scrutinising property loan portfolios of so..
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Germany to lower sales tax on gas to 7% in bid to relieve consumers
BERLIN (Reuters) – Germany will lower the sales tax on gas to 7% in an effort to cushion the blow of additional charges being pl..
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Yangtze tributary runs dry as China faces another month of drought
By Thomas Suen and David Stanway CHONGQING/SHANGHAI (Reuters) -Residents living near a tributary of the Yangtze river in the southwest..
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Analysis-U.S. retail traders pile back into options as meme-stock mania flares
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Speculative options trading is on the rise again among individual investors alongside ..
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Kinaxis Acquires MPO to Connect Supply Chain Planning and Real-Time Execution for Perfect Orders
Adding Multi-Enterprise Visibility, Order Management, and Transportation Management to extend Kinaxis’ vision for end-to-end co..
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Three Quarters of Brits Start Saving a MONTH Before Black Friday
Three quarters (76%) of Brits will stop spending up to a month before Black Friday so that they’re ready to splurge in the sale..
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GoBoat expands senior team as it sets sights on making a splash across the UK’s waterways
The eco-friendly electric boat company has hired Emily Sherwood as Head of Marketing, and Steve Illidge as Head of Operation..
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OKEO delivers seamless multi-currency payments on Mambu
Amsterdam, 16 August 2022— OKEO, a digital payment service provider for European entrepreneurs and businesses, announced their ..
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EUROCELL IN FINAL STAGES OF DISCUSSIONS TO BUILD FIRST EUROPEAN GIGAFACTORY IN THE NETHERLANDS
Netherlands has ambition to lead Europe in the fight against climate change Eurocell is in advanced discussions with authoriti..
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University supported energy innovator IONATE secures £3.3m investment
Key investors include University of Edinburgh venture funders Old College Capital Deep-tech energy innovator IONATE has secured £3.3 m..
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CYNERGY BANK PROVIDES A NEW LOAN OF £3.5 MILLION TO STAY ORIGINAL COMPANY LIMITED
17 August 2022 – Cynergy Bank provided a new loan of £3.5m to Stay Original Company Ltd, an operator of five premium boutique hotels a..
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Shawbrook goes the extra mile to drive transport firm forward
Shawbrook provides bespoke hybrid funding package to support succession plan MBO team at H&M Distribution and International drivi..
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Peak profit: The UK industries with the highest return for your investment
A breakdown of median profit made by UK SMEs (2021) Data reveals that SMEs in the business and property services have the..
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India eases Russian oil buying in July, boosts Saudi imports -trade
By Nidhi Verma NEW DELHI (Reuters) – India’s crude oil imports from Russia in July fell for the first time since March alo..
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Russian Urals crude oil prices jump ahead of EU embargo
By Julia Payne LONDON (Reuters) – Russia’s key crude oil grade, Urals, has been trading at levels not seen in Europe since..
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China’s Tencent reports first revenue drop as gaming regulations and COVID-19 bite
By Josh Ye HONG KONG (Reuters) -China’s Tencent Holdings suffered its first ever quarterly sales fall on Wednesday, hurt by a go..
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Spot prices up on less solar, rising French demand
PARIS (Reuters) – European spot power contracts rose on Wednesday, as solar supply in Germany is expected to fall while demand i..
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Norway’s wealth fund loses record $174 billion in first half of 2022
By Victoria Klesty OSLO (Reuters) -Norway’s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillio..
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Analysis-China central bank, under pressure to ease, is hemmed-in by inflation, Fed jitters
By Kevin Yao BEIJING (Reuters) – China’s central bank is set to take more easing steps, pressured by a shaky economy that ..
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European bourses steady as focus remains on key economic data
By Anisha Sircar (Reuters) – European shares on Wednesday were little changed amid persisting recession fears, with investors ey..
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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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