BioNTech reduces drug development spend as COVID vaccine sales plunge
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -Germany’s BioNTech, Pfizer’s partner on COVID-19 vaccines, cut it..
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German regulator rejects request for postage stamp price hike
BERLIN (Reuters) -Germany’s federal network regulator has rejected a request by postal service operator Deutsche Post to raise t..
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Miners drag London stocks lower; Unite Group slips
By Shreyashi Sanyal (Reuters) -The UK’s exporter-heavy FTSE 100 index dipped on Monday, weighed down by heavyweight miners, whil..
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German space firm OHB plans to delist as KKR takes minority stake
By Alexander Hübner BERLIN (Reuters) -Germany’s OHB on Monday said U.S. financial investor KKR was buying a minority stake in th..
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Russia to evacuate village for first lunar lander mission in half century
(Reuters) – Russia will evacuate a village in its far east on Aug. 11 as part of the launch of Russia’s first lunar lander..
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Oil holds steady near four-month high on OPEC+ cuts
By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices edged down on Monday, but were still near their highest levels since mi..
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Dollar on guard as US inflation test looms
By Rae Wee SINGAPORE (Reuters) – The dollar was on the defensive on Monday after a mixed U.S. jobs report provided little direct..
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Cycling-Men’s world championships race interrupted by climate protesters
By Martyn Herman GLASGOW (Reuters) -Protesters halted the elite men’s road race at the UCI World Championships for almost an hou..
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Huawei ban would cost German rail operator 400 million eur – Spiegel
BERLIN (Reuters) – Germany’s national railway operator would have to spend up to 400 million euros ($437.44 million) to re..
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Commerzbank shares slump on outlook, despite 20% profit rise
By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Commerzbank’s shares sank 5% on Friday, despite a big jump in net profit in t..
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EnBW sees FY adjusted EBITDA at upper end of forecast range
BERLIN (Reuters) – German utility EnBW confirmed its full-year outlook on Friday, with adjusted earnings before interest, taxes,..
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Germany’s Lanxess calls on government to help chemicals industry
By Linda Pasquini and Antonis Pothitos (Reuters) – Chemicals group Lanxess set out plans to cut costs on Friday and called on Ge..
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Credit Agricole beats estimates on insurance, consumer finance
By Mathieu Rosemain PARIS (Reuters) – Credit Agricole SA, France’s second-largest listed bank, reported better-than-expect..
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WPP lowers full-year forecast as tech clients curb spending
LONDON (Reuters) -WPP, the world’s biggest advertising group, downgraded its full-year like-for-like growth forecast to 1.5-3.0%..
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BNP Paribas lowers its Bank of England terminal rate forecast
(Reuters) – BNP Paribas on Friday lowered its Bank of England (BoE) terminal rate forecast to 5.50% from a prior estimate of 5.7..
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UK’s July new car sales up more than 25%- SMMT
(Reuters) – New car registrations in Britain rose more than 25% in July from a year ago, marking its 12th consecutive monthly ri..
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Dollar struggles before payrolls test; Aussie rebounds
By Kevin Buckland and Brigid Riley TOKYO (Reuters) – The dollar hung back from a four-week high against major peers on Friday as..
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Amazon forecasts bright Q3 on resilient cloud sales, shopping trends
By Jeffrey Dastin and Chavi Mehta (Reuters) -Amazon.com Inc on Thursday reported sales growth and profit that beat Wall Street’s..
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German services sector loses momentum-PMI
BERLIN (Reuters) – Growth in Germany’s services sector slowed in July for the second consecutive month, due to a drop in d..
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Twitch Blinks First in Stand Off with its Users over New Branded Content Guidelines … What Lessons can be learned by Businesses Engaging Online Sponsors?
Patrick McCallum Gavin Chapman In this article, Patrick McCallum, Senior Associate, and Gavin ..
Technology
Siemens Healthineers confirms outlook despite problems at Varian
(Reuters) -U.S.-German medical device maker Siemens Healthineers on Wednesday confirmed its outlook for the year despite an unexpected..
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Taylor Wimpey expects full-year profits to halve amid housing gloom
By Suban Abdulla and Aby Jose Koilparambil LONDON (Reuters) -Taylor Wimpey’s pledge to build more homes than previously forecast..
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UK lender Virgin Money sticks to annual outlook despite mortgage pressures
(Reuters) -British challenger bank Virgin Money UK on Wednesday maintained its full-year outlook and reported stable net interest marg..
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Stocks drop, Treasuries gain after Fitch downgrades US rating
By Xie Yu HONG KONG (Reuters) – Asian stocks and U.S. Treasury yields declined on Wednesday after ratings agency Fitch unexpecte..
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Fresenius Medical forecasts smaller income decline as cost inflation eases
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Dialysis group Fresenius Medical Care on Wednesday said a possible ear..
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Analysis-Point of no return: Australians fight for the right to work from home permanently
By Byron Kaye SYDNEY (Reuters) – Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor th..
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BP to defend its rights in dispute with Venture Global LNG; other clients weigh options
LONDON/HOUSTON/LISBON (Reuters) -BP will defend its rights “to the absolute fullest” in an arbitration case against U.S. e..
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Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow
(Reuters) – Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a ..
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European shares retreat as factory activity falters
By Sruthi Shankar (Reuters) -European stocks slipped on Tuesday, with the German DAX pulling back from record highs as shrinking facto..
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Spain’s factory activity shrinks again in July on weak demand -PMI
MADRID (Reuters) – Factory activity in Spain contracted for the fifth consecutive month in July as domestic and foreign demand f..
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UK baker Greggs confident on 2023 after first-half growth
LONDON (Reuters) – British bakery and fast food chain Greggs stuck to forecasts for higher full-year profit after posting a 14% ..
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Covestro sees 2023 EBITDA at lower end of forecast range
(Reuters) – German chemicals maker Covestro on Tuesday said it expects its 2023 core profit to be at the lower end of its forec..
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The underappreciated health benefits of office working
By Niki Fuchs, CEO of Office Space in Town The post-pandemic world has witnessed a significant shift in how we work. Em..
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Driving Business Impact through Data-Empowered Experiences
Enterprises that effectively utilise data to gain a deeper understanding of their customers and provide enhanced products and services..
Business
Common Onewheel Mistakes To Avoid For New Riders
So you’re thinking about buying a Onewheel and want to make sure it’s right for you? There are many videos and articles th..
Technology
UK regulator seeks public input on Microsoft-Activision deal
LONDON (Reuters) -Britain’s antitrust regulator on Monday called for public responses on whether Microsoft’s $69 billion t..
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US futures inch up; stock markets ride higher on cooler inflation
LONDON (Reuters) – U.S. share futures treaded cautiously higher on Monday ahead of more large-cap earnings reports, central bank..
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