China’s low copper inventory data belie sufficient supply
By Mai Nguyen and Siyi Liu HANOI/BEIJING (Reuters) – Net long positions of copper on the London Metals Exchange (LME) are at a s..
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Tomb Raider games group Embracer lags forecast, maintains outlook
By Jesus Calero and Marie Mannes STOCKHOLM (Reuters) -Swedish games developer Embracer on Thursday reported slightly weaker than expec..
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Payments company Adyen’s shares drop more than 20% after earnings miss
AMSTERDAM (Reuters) – Shares in Dutch payments processor Adyen NV fell by more than 20% on Thursday after first-half earnings mi..
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Oil prices wobble on worries over China economy, US rate path
SINGAPORE (Reuters) – Oil prices were choppy on Thursday after falling over the past three sessions, with the undertone grim on ..
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Mild recession ends Dutch economy’s strong post-COVID boom
AMSTERDAM (Reuters) -Economic growth in the Netherlands will be much slower than earlier expected this year, as a recession in the fir..
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UK’s BAE Systems to buy Ball Aerospace for about $5.55 billion
(Reuters) -British defence group BAE Systems said on Thursday it agreed to buy Ball Aerospace business from Ball Corp for about $5.55 ..
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Asian stocks hit 9-month lows on worries over China, US rates
By Ankur Banerjee SINGAPORE (Reuters) – Asian shares sank to nine-month lows on Thursday, while the dollar was at a two-month pe..
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Dollar shines against battered yen; Aussie dragged by jobs data, China woes
By Rae Wee SINGAPORE (Reuters) – The dollar pushed the yen deeper into intervention territory on Thursday as a resilient U.S. ec..
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PayPal to halt UK crypto sales until 2024
LONDON (Reuters) – Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from Octob..
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Boosting motivation – how to support your employees through economic uncertainty
By Gautam Sahgal – CEO, Perkbox As the cost-of-living crisis continues to feature in headline news, an end to the p..
Business
Rouble strengthens towards 96 vs dollar after emergency rate hike
(Reuters) -The Russian rouble strengthened towards 96 to the dollar on Wednesday, one day after the central bank hiked interest rates ..
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HKEX remains committed to LME – CEO
By Pratima Desai and Polina Devitt LONDON (Reuters) -Hong Kong Exchanges and Clearing (HKEX) remains committed to the London Metal Exc..
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German solar battery firm sonnen sees bigger role backing up grid
FRANKFURT (Reuters) – Germany’s sonnen, which provides storage batteries for rooftop solar systems, has connected 25,000 h..
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Industrial output jump gives euro zone growth small boost
FRANKFURT (Reuters) – The euro zone’s vast industrial sector rebounded in June, giving overall growth a small boost to end..
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UK house prices rise by least since 2020 and fall in London – ONS
LONDON (Reuters) – British house prices increased by 1.7% in the 12 months to June, the Office for National Statistics (ONS) sai..
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Bank of Ireland says it has fixed glitch that sparked flurry of withdrawals
By Padraic Halpin DUBLIN (Reuters) -Bank of Ireland has fixed technical problems that affected its services and allowed some customers..
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General, health insurance help Aviva to H1 profit beat
LONDON (Reuters) -British insurer Aviva posted an 8% rise in first-half operating profit to 715 million pounds ($909 million) on Wedne..
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ESA chief sees Ariane 6 debut launch delayed to next year
PARIS (Reuters) – The first launch of Europe’s new Ariane 6 rocket has slipped into 2024 after an incomplete recent ground..
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UK inflation rate slows to 6.8% in July
LONDON (Reuters) – British annual consumer price inflation slowed to 6.8% in July, figures from the Office for National Statisti..
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Marketmind: Stock markets tense as China gloom builds
A look at the day ahead in European and global markets from Brigid Riley China’s new home prices fell in June for the first time..
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Norway wealth fund to firms: use AI, but do it responsibly
By Gwladys Fouche OSLO (Reuters) – Norway’s $1.4 trillion wealth fund, the world’s single largest stock market inves..
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Sweden, UK lead European shares lower on rate-hike fears
(Reuters) -UK and Swedish stocks led declines among European peers on Tuesday after data from both countries triggered worries about h..
Investment
UK lenders trial government-backed loans for risky borrowers
By Martin Coulter and Muvija M LONDON (Reuters) – A handful of small UK commercial lenders are offering interest-free loans to ..
Finance
As World Cup breaks records, Adidas, Nike navigate bumps in retail demand
By Helen Reid and Amy Tennery LONDON/AUCKLAND (Reuters) – The unpredictability of the Women’s World Cup, with the U.S. kno..
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Lufthansa’s Eurowings sees positive operating result in FY 23
FRANKFURT (Reuters) – Lufthansa’s budget subsidiary Eurowings expects a positive operating result this year, chief executi..
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No sustained recovery on horizon for German economy -econ min
BERLIN (Reuters) – Germany’s economy is not likely to see a sustained recovery in the coming months based on early indicat..
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Agnelli family’s Exor buys $2.8 billion stake in Philips
By Toby Sterling and Bart H. Meijer AMSTERDAM (Reuters) -Dutch investment firm Exor NV, controlled by Italy’s Agnelli family, ha..
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German network regulator names 2nd managing director of Rosneft Deutschland
BERLIN (Reuters) – Germany’s network regulator on Monday said it had appointed Udo Giegerich as a second managing directo..
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Italy PM Meloni takes ‘full responsibility’ for bank tax
MILAN (Reuters) -Italian Prime Minister Giorgia Meloni on Monday took “full responsibility” for last week’s shock de..
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Analysis-Big losses in Russia-linked stocks have investors rethinking other depositary receipts
By Sinead Cruise and Carolina Mandl LONDON/NEW YORK (Reuters) – Global investors are losing confidence in securities linked to s..
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UK employers plan 5% pay rises, many resort to counteroffers: CIPD
By David Milliken LONDON (Reuters) – British employers expect to raise pay by 5% over the coming year and are increasingly makin..
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Best books for self improvement
In a world brimming with constant challenges and opportunities, the quest for personal growth and self-discovery remains a profound a..
Opinion
Empowering startups: driving economic growth and innovation
In a world driven by innovation, the importance of supporting Small and Medium Enterprises (SMEs) cannot be underestimated, as they co..
Business
Private Placements: Investing in Private Company Securities
Private placements offer a unique opportunity for investors seeking to participate in the growth potential of private companies. Unlik..
Business
Lloyd’s of London insurer Hiscox profit spikes on premium rise
By Carolyn Cohn LONDON (Reuters) -Lloyd’s of London insurer Hiscox posted a sharp rise in pretax profit on rising premium rates,..
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Bottler Coca-Cola HBC lifts sales outlook
(Reuters) -Coca-Cola HBC lifted its annual revenue forecast on Wednesday as the bottler benefited from higher prices despite a dip in ..
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Germany’s Delivery Hero hikes 2023 revenue guidance
(Reuters) -German online takeaway food company Delivery Hero on Wednesday raised its full-year revenue outlook, after it swung to a pr..
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