Sudden crypto drop sends bitcoin to three-week low
By Tom Westbrook and Hannah Lang SINGAPORE/WASHINGTON (Reuters) -Cryptocurrencies fell sharply on Friday, with sudden selling dragging..
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Oil prices rise about $1/bbl on prospect of subdued U.S. rate hikes
By Laila Kearney NEW YORK (Reuters) -Oil prices rose about $1 a barrel on Friday after the U.S. Federal Reserve signalled a more subdu..
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Cineworld shares slump on report Regal-owner is preparing bankruptcy filing
(Reuters) -Cineworld Group, the world’s second largest cinema chain operator, is preparing to file for bankruptcy, the Wall Stre..
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U.S. stocks fall ahead of expected Fed rate hikes
By Lawrence Delevingne (Reuters) – U.S. stocks fell and the dollar rose on Friday even as Treasury yields gained, with traders w..
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Stablecoin Tether’s reserves fell $16 billion in second quarter due to redemptions
By Elizabeth Howcroft and Samuel Indyk LONDON (Reuters) -Tether, the world’s largest stablecoin by market value, said on Friday ..
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European shares end week lower on recession fears
By Anisha Sircar and Shreyashi Sanyal (Reuters) -European shares fell on Friday and posted a weekly loss as the highest-ever jump in G..
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UK midcaps log worst week since early July on recession angst
By Sruthi Shankar and Devik Jain (Reuters) – UK midcap stocks logged their worst weekly performance since early July on Friday a..
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Cycling-Britain’s Bigham sets men’s Hour record
By Martyn Herman (Reuters) -Britain’s Dan Bigham smashed the Hour record when he completed a distance of 55.548 kilometres aroun..
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Dutch govt lifts filling target for Bergermeer gas storage facility to 90%
AMSTERDAM (Reuters) – The Dutch government has increased its filling target for the Bergermeer gas storage facility to 90% by No..
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France favours gas terminals over new pipeline to tackle crisis
By Forrest Crellin and Isla Binnie PARIS (Reuters) – A third gas pipeline between Spain and France would cost at least 3 billion..
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Analysis-UK slips towards recession, heaping pressure on next PM to help
By William Schomberg LONDON (Reuters) – Britain’s slide towards a recession has gathered momentum after data this week sho..
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Record jump in German producer prices adds to gloomy outlook
By Miranda Murray and Paul Carrel BERLIN (Reuters) -German producer prices jumped at the fastest pace on record in July, underscoring ..
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Cost-of-living crisis prompts ‘buy now, pay later’ warning from UK’s FCA
By Huw Jones LONDON (Reuters) -People responsible for misleading ‘buy now, pay later’ adverts could face two years in pris..
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Wall Street set for losses as more data highlights global woes
By Elizabeth Howcroft LONDON (Reuters) – European stocks fell on Friday and German government bond yields hit multi-week highs a..
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Factbox-Germany’s efforts to tackle energy crisis
FRANKFURT (Reuters) – Germany has decided to replace all Russian energy imports, most notably natural gas, by as soon as mid-202..
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Safe-haven flows set U.S. dollar for biggest weekly rise since April 2020
By Joice Alves LONDON (Reuters) – The U.S. dollar index surged on Friday and was on track for its biggest weekly gain since Apri..
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Global equity funds attract inflows for second week in a row
(Reuters) – Global equity funds received inflows for a second straight week in the week to Aug. 17, as investors tempered their ..
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European shares trip on recession fears as German producer prices surge
By Anisha Sircar (Reuters) -European shares tumbled on Friday and tracked a weekly loss as the highest-ever jump in German producer pr..
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UK midcaps set for weekly loss as consumer confidence slumps to record low
By Sruthi Shankar and Johann M Cherian (Reuters) -UK midcap stocks were set for their worst weekly performance since early July on Fri..
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Soccer – Deep pockets needed to persuade Glazers to sell United
By Simon Evans MANCHESTER, England (Reuters) – British billionaire Jim Ratcliffe’s interest in buying Manchester United ha..
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Oil headed for weekly loss as recession fears cloud demand outlook
By Shadia Nasralla LONDON (Reuters) -Oil prices slipped on Friday after two days of gains and are heading for weekly losses as a stron..
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Online discounts boost struggling UK retailers in July
By David Milliken LONDON (Reuters) -British shoppers spent more than expected last month after being enticed by online shopping deals,..
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Britain’s borrowing rises as PM contenders promise more help
By William Schomberg LONDON (Reuters) -Britain borrowed more than expected in July, official data showed, underscoring the challenge f..
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Marketmind: Memo for Britain’s next PM – There’s no stopping bad news
A look at the day ahead in European and global markets from Anshuman Daga Another day, another miserable set of British data. “A..
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Samsung Elec breaks ground on new chip R&D centre, plans $15 billion investment by 2028
SEOUL (Reuters) – Samsung Electronics said on Friday it broke ground at a new semiconductor research and development (R&D) c..
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Bavarian Nordic signs up U.S. firm for packaging monkeypox vaccine
(Reuters) – Danish biotech firm Bavarian Nordic said on Thursday it has signed up a U.S.-based manufacturer to package its Jynne..
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Cricket-Fiery Stokes revives England but S Africa build good lead
LONDON (Reuters) – A fiery spell from captain Ben Stokes dragged England back into the match but South Africa remained the happi..
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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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Zero Trust now a boardroom discussion as adoption of the strategy soars 500%, reveals new Okta data
Okta’s fourth annual State of Zero Trust Security report reveals that budgets for Zero Trust initiatives are increasing for 85%..
Business
Transmission Wins Prestigious 2022 Content Marketing Award
The Content Marketing Institute (CMI) just announced Transmission, the largest global independent B2B marketing agency, has won..
Business
It’s a Crush!: Dating app happn focuses on Growth in LATAM
International dating app, happn, is setting its sights on Latin American over alternative markets, which are often seen as more..
Technology
Case studies: Business owners reflect on the importance of technology
Image source: Virgin Money A new study into the future of business has found 85% of SMEs are likely to adopt new technolo..
Technology
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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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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Oil up 3% on U.S. crude stocks data, tight supply outlook
By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 3% on Thursday as robust U.S. fuel consumption data and an expected drop..
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