Headlines

Automakers scramble to decode new U.S. EV tax credits

Automakers scramble to decode new U.S. EV tax credits

By David Shepardson and Joseph White WASHINGTON (Reuters) – U.S. automakers and dealers are scrambling to figure out if they can..

U.S. inflation outlook brightens as import prices fall, consumer sentiment rises

U.S. inflation outlook brightens as import prices fall, consumer sentiment rises

(Reuters) – U.S. import prices fell for the first time in seven months in July, helped by a strong dollar and lower fuel and non..

Mercedes Benz becomes first partner of CATL’s new Hungary battery plant

Mercedes Benz becomes first partner of CATL’s new Hungary battery plant

BERLIN (Reuters) -Mercedes-Benz is the first carmaker to receive cells from a new 7.34 billion euro ($7.56 billion) battery factory Ch..

Britain considers energy bill subsidy for industrial firms

Britain considers energy bill subsidy for industrial firms

LONDON (Reuters) -Britain is considering plans to subsidise power bills for energy intensive industries such as steel and cement, in a..

German regulator calls on Allianz to improve controls – source

German regulator calls on Allianz to improve controls – source

FRANKFURT (Reuters) – Germany’s financial watchdog BaFin has called on Allianz to improve its internal controls following ..

Risk of new wildfires in southwestern France as heatwave persists

Risk of new wildfires in southwestern France as heatwave persists

By Stephane Mahe and Manuel Ausloos SAINT-MAGNE, France (Reuters) – High temperatures and a worsening drought brought a high ris..

FTSE 100 climbs on smaller-than-expected GDP contraction, GSK rebound

FTSE 100 climbs on smaller-than-expected GDP contraction, GSK rebound

By Sruthi Shankar (Reuters) – London’s FTSE 100 rose on Friday after data showed Britain’s economy contracted less t..

Flutter’s full-year earnings turnaround forecast sends shares higher

Flutter’s full-year earnings turnaround forecast sends shares higher

DUBLIN (Reuters) -Flutter posted a 20% fall in first-half earnings but saw no sign of cash-strapped customers betting less and expects..

Stocks lose ground, Treasury yields climb after inflation data

Stocks lose ground, Treasury yields climb after inflation data

By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and Nasdaq finished in the red while Treasury yields rose as investors dige..

Oil prices slip on cloudy demand outlook, but poised for weekly gain

Oil prices slip on cloudy demand outlook, but poised for weekly gain

By Sonali Paul and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices dropped in Asia trade on Friday amid an uncertain demand outlook, thoug..

Walmart’s long-lasting challenge: luring budget shoppers back to its stores

Walmart’s long-lasting challenge: luring budget shoppers back to its stores

By Arriana McLymore and Siddharth Cavale (Reuters) – Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted ..

Switch from gas boosts oil demand, but economic headwinds loom – IEA

Switch from gas boosts oil demand, but economic headwinds loom – IEA

By Noah Browning LONDON (Reuters) – Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power g..

Australian state balks at energy company’s request for help with LNG import terminal

Australian state balks at energy company’s request for help with LNG import terminal

By Sonali Paul MELBOURNE (Reuters) – The Australian state of New South Wales on Thursday poured cold water on a proposal for gov..

Deutsche Telekom lifts profit view, aims for T-Mobile majority soon

Deutsche Telekom lifts profit view, aims for T-Mobile majority soon

By Supantha Mukherjee STOCKHOLM (Reuters) -Deutsche Telekom on Thursday raised its annual earnings forecast for the second time after ..

S.Africa negotiates deal with EU to clear citrus blockage at ports

S.Africa negotiates deal with EU to clear citrus blockage at ports

GENEVA (Reuters) – South Africa has negotiated a settlement with the European Union to clear hundreds of shipping containers of ..

FTSE 100 stalls as Rio Tinto, healthcare stocks weigh

FTSE 100 stalls as Rio Tinto, healthcare stocks weigh

By Sruthi Shankar (Reuters) -Britain’s top share index dipped on Thursday, weighed down by Rio Tinto and healthcare stocks, whil..

Coca-Cola HBC flags one-time $195 million hit from Russian operations

Coca-Cola HBC flags one-time $195 million hit from Russian operations

By Amna Karimi (Reuters) -Coca-Cola HBC AG said on Thursday it took a one-time hit of 190 million euros ($195.4 million) in the first ..

Stocks climb, yields fall with dollar on inflation data

Stocks climb, yields fall with dollar on inflation data

By Sinéad Carew NEW YORK (Reuters) – Wall Street equities rallied and Treasury yields plunged after signs of sharply deceleratin..

Biden signs bill to boost U.S. chips, compete with China

Biden signs bill to boost U.S. chips, compete with China

By David Shepardson and Jeff Mason WASHINGTON (Reuters) -President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billio..

Russia puts Iranian satellite into orbit

Russia puts Iranian satellite into orbit

MOSCOW (Reuters) -Russia launched an Iranian satellite into orbit on Tuesday from southern Kazakhstan, just three weeks after Presiden..

FBI searches Trump’s Florida home as part of presidential records probe

FBI searches Trump’s Florida home as part of presidential records probe

By Brian Ellsworth and Sarah N. Lynch PALM BEACH, Fla. (Reuters) -Former President Donald Trump said FBI agents raided his Mar-a-Lago ..

Carta teams up with Vauban to launch the first digital solution aimed at venture capital investors creating Luxembourg-based funds

Carta teams up with Vauban to launch the first digital solution aimed at venture capital investors creating Luxembourg-based funds

Advert Disclaimer – The opinion expressed here is not investment advice – it is provided for informational purposes only. It doe..

Companies in China distance themselves from Taiwan amid Pelosi backlash

Companies in China distance themselves from Taiwan amid Pelosi backlash

By Eduardo Baptista BEIJING (Reuters) – From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are ..

Wait and see: U.S. companies curb investment as they await Fed moves

Wait and see: U.S. companies curb investment as they await Fed moves

By Timothy Aeppel (Reuters) – Business investment appears to be an early victim of red-hot U.S. inflation and rising interest ra..

Factbox: Government measures to ease inflation pain

Factbox: Government measures to ease inflation pain

(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine are co..

Russia bans Western investors from selling banking, key energy stakes

Russia bans Western investors from selling banking, key energy stakes

(This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) ..

U.S. job growth surges in July as labor market defies recession fears

U.S. job growth surges in July as labor market defies recession fears

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth unexpectedly accelerated in July, lifting the level of employment back ..

Switzerland’s new energy asset: hydro plant with capacity to charge 400,000 car batteries

Switzerland’s new energy asset: hydro plant with capacity to charge 400,000 car batteries

By Denis Balibouse FINHAUT, Switzerland (Reuters) – Switzerland is adding a much needed cog in the wheel to its energy supply wi..

Analysis-East Europe’s party is over as double-digit inflation bites

Analysis-East Europe’s party is over as double-digit inflation bites

By Krisztina Than ESZTERGOM, Hungary (Reuters) – In the weeks that followed Russia’s invasion of Ukraine, western Europe&#..

Pelosi praises Taiwan, says Asian trip wasn’t to change status quo

Pelosi praises Taiwan, says Asian trip wasn’t to change status quo

By Sakura Murakami and Kiyoshi Takenaka TOKYO (Reuters) -U.S. House of Representatives Speaker Nancy Pelosi on Friday praised Taiwan, ..

Britain lifts rates by most since 1995, latest to deliver aggressive hikes

Britain lifts rates by most since 1995, latest to deliver aggressive hikes

(Reuters) – The Bank of England raised interest rates on Thursday by half-a-point in its biggest move in 27 years to tame inflat..

Man charged under Britain’s Treason Act over Christmas Day incident at queen’s home

Man charged under Britain’s Treason Act over Christmas Day incident at queen’s home

By Michael Holden LONDON (Reuters) – A man arrested with a crossbow at Queen Elizabeth’s Windsor Castle home on Christmas ..

Why some heatwaves prove deadlier than others

Why some heatwaves prove deadlier than others

By Gloria Dickie LONDON (Reuters) – Europe’s record-breaking heatwave last month saw England and Wales register https://ww..

FACTOTUM GROUP ACQUIRES THE BUSINESS OF MODUS ANALYTICS

FACTOTUM GROUP ACQUIRES THE BUSINESS OF MODUS ANALYTICS

The Factotum Group LLP are delighted to announce that they have acquired the data analytics business of Modus..

UK leadership favourite Truss U-turns on pay plan in first big misstep

UK leadership favourite Truss U-turns on pay plan in first big misstep

By Andrew MacAskill and Kylie MacLellan LONDON (Reuters) -Britain’s foreign minister Liz Truss, the frontrunner to replace Boris..

Europe’s summer travel chaos

Europe’s summer travel chaos

(Reuters) – Strikes and staff shortages are forcing airlines to cancel thousands of flights and causing hours-long queues at maj..

Analysis: U.S. banks face trillion-dollar reverse repo headache

Analysis: U.S. banks face trillion-dollar reverse repo headache

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The trillions of dollars in overnight cash tucked away daily at the Federal Res..