Global body urges EU to make company life simpler by aligning climate reporting
By Huw Jones LONDON (Reuters) – The European Union should make extra time to align its policies with international rules on repo..
News
All Posts
Botswana awards Norway’s Scatec first large-scale solar plant contract
GABORONE (Reuters) – State-owned Botswana Power Corporation (BPC) has awarded Norwegian company Scatec ASA a contract to build a..
News
French sugar makers to start output early as energy curbs loom
By Sybille de La Hamaide PARIS (Reuters) -France’s two largest sugar makers Tereos and Cristal Union will bring forward the star..
News
Hackers hit Italian oil company Eni’s computer networks
(Reuters) -Italian oil company Eni’s computer networks were hacked in recent days but the consequences appear to be minor so far..
Companies
Russia jobless rate stays at record low of 3.9% in July
MOSCOW (Reuters) – The number of people unemployed in Russia was 2.9 million in July, or 3.9% of the workforce, with the jobless..
News
Barclays announces sale of remaining shares in South Africa’s Absa
LONDON (Reuters) – Barclays will sell its remaining 7.4% stake in South African bank Absa, it said on Wednesday, completing its ..
News
Russia’s Gazprom expects increase in 2022 revenue
MOSCOW (Reuters) -Russian gas giant Gazprom showed very good results in the first half and its 2022 revenue will exceed last year̵..
News
EDF staff, shareholders file complaint over management
By Julien Ponthus and Tassilo Hummel PARIS (Reuters) – An association of EDF staffers and shareholders seeking a higher price fo..
News
UniCredit gets ECB’s green light for second 1 billion euro share buyback
By Valentina Za MILAN (Reuters) – UniCredit on Wednesday said it had gained supervisory approval for a new share buyback of up t..
News
Spanish toddler dies after being hit by giant hailstone
MADRID (Reuters) – A 20-month-old girl died after being struck on the head during a violent hailstorm that caused havoc in Catal..
News
Foreign tourism to Portugal surpasses pre-COVID levels in July
LISBON (Reuters) – The number of foreign tourists visiting Portugal slightly surpassed pre-pandemic levels in July for the first..
News
Investors flee UK bonds, pushing gilts to huge monthly loss
LONDON (Reuters) -Investors alarmed at Britain’s bleak economic outlook and political uncertainty dumped government bonds on Wed..
News
Euro slips back below parity, Norwegian krone falls on planned cbank FX purchases
By Samuel Indyk LONDON (Reuters) – The euro slipped back below parity against the dollar on Wednesday and was on track for its t..
News
Britain’s Queen Elizabeth will appoint new prime minister at Balmoral
LONDON (Reuters) -Queen Elizabeth will break with tradition to appoint Britain’s new prime minister at her Balmoral Castle resid..
News
Turkey’s economy grew 7.6% in Q2 driven by domestic demand, exports
By Nevzat Devranoglu and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s economy grew 7.6% year-on-year in the second quarte..
News
German bonds set for worst month in decades as inflation hits new highs
By Dhara Ranasinghe LONDON (Reuters) – Germany’s borrowing costs rose to their highest level in over two months on Wednesd..
News
EU to restrict travel rules for Russians, split on how far to go
By Sabine Siebold and Robert Muller PRAGUE (Reuters) -The EU’s foreign policy chief on Wednesday urged bickering nations to sett..
News
UK energy bill help won’t lower inflation, statisticians rule
By Andy Bruce LONDON (Reuters) -British government energy bill rebates for households cannot be viewed as lowering inflation, official..
News
Foreign business travel missing ingredient for Irish hotel recovery – Dalata
By Padraic Halpin DUBLIN (Reuters) – Executives at Ireland’s large hub of multinational companies are still only going on ..
News
Toyota Motor to invest $5.3 billion in Japan, U.S. for EV battery supply
(Reuters) -Toyota Motor Corp said on Wednesday it would invest up to 730 billion yen ($5.27 billion) in Japan and the United States to..
News
PIMCO cut big position in Russia CDS by adding bonds in Q2
By Davide Barbuscia NEW YORK (Reuters) -PIMCO’s largest investment fund bought Russia government international bonds and hedged ..
News
Euro zone yields steady as German inflation hits nearly 50-yr high
LONDON (Reuters) – Euro zone government bond yields steadied on Tuesday just below the multi-week highs hit on Monday as energy ..
News
Oil slides more than $3 on inflation and Iraq exports
By Rowena Edwards LONDON (Reuters) -Oil prices fell by more than $3 a barrel on Tuesday on fears that an inflation-induced weakening o..
News
Analysis-France braces for uncertain winter as nuclear power shortage looms
By Forrest Crellin, Silvia Aloisi and Nina Chestney PARIS (Reuters) – France, once Europe’s top power exporter, may not pr..
News
News
Shares and bonds stabilise on pause in bad news
Shares and bonds stabilise on pause in bad news
By Lawrence White LONDON (Reuters) – Shares tiptoed higher and Eurozone bond yields fell on Tuesday as investors took a breather ahead of the ne..
News
ECB bets boost euro, dollar slips from 20 year peak
By Alun John HONG KONG (Reuters) – The euro climbed past parity against a softening dollar on Tuesday, thanks to lower energy pr..
News
Vienna power firm denies speculating in futures as it seeks state loan
VIENNA (Reuters) – Vienna’s main power company, which has asked the federal government for billions of euros in credit to ..
News
Near 50-year high German inflation strengthens case for larger ECB rate rise
BERLIN (Reuters) -German inflation rose to its highest level in almost 50 years in August, beating a high set only three months earlie..
News
Explainer-Why Russia drives European and British gas prices
By Susanna Twidale LONDON (Reuters) – The Nord Stream 1 pipeline that transports gas from Russia to Germany will undergo mainten..
News
Carrefour CEO says inflation crisis turning consumers into penny-pinchers
PARIS (Reuters) – Cost-conscious French consumers are ditching fish, buying cheaper meat and snubbing organic food to save money..
News
ECB must swiftly normalise rates; neutral may not be enough, Knot says
(Reuters) -The European Central Bank must swiftly normalise interest rates as inflation could still go higher and lifting rates to the..
News
Exclusive-Iraqi Kurdistan’s oil output could halve without investment – documents
By Amina Ismail and Maha El Dahan ERBIL (Reuters) – Oil production in the Iraqi region of Kurdistan could almost halve by 2027 i..
News
German EU-harmonised consumer prices up 8.8% y/y in August
(Reuters) – German consumer prices, harmonised to compare with other European countries, were up 8.8% on the year and rose by 0...
News
How can you secure the network connecting your workforce?
By: Tom Major, VP Solution Consulting – GTT The meaning of the phrase “going to work” has changed in ways we never would h..
Business
EU sets sights on energy market reform as prices soar
By Kate Abnett BRUSSELS (Reuters) -The European Union is drafting emergency plans to intervene in its energy market, as pressure grows..
News
Polish cabinet backs 2023 budget with 65 billion zloty deficit, PM says
WARSAW (Reuters) -The Polish government has approved a 2023 draft budget that envisages a deficit of around 65 billion zloty ($13.8 bi..
News
Toyota’s July global vehicle output drops again, puts annual target in doubt
(Reuters) -Toyota Motor Corp said on Tuesday its July global vehicle production had fallen 8.6% year-on-year, missing its target for t..
News