Volkswagen’s Antlitz: no comment on valuation of Porsche listing
BERLIN (Reuters) – Volkswagen Chief Financial Officer Arno Antlitz would not comment on what the valuation of a Porsche listing ..
News
News
Norsk Hydro keeps some aluminium capacity offline due to weaker demand
OSLO (Reuters) – Norwegian aluminium maker Norsk Hydro is keeping a small portion of its capacity in Norway offline after mainte..
News
Binance to convert users’ USD Coin into its own stablecoin
By Shivani Tanna and Elizabeth Howcroft (Reuters) -Binance, the world’s largest crypto exchange, said on Monday it will automati..
News
Siemens Energy to rejoin Germany’s blue-chip DAX, HelloFresh to exit
FRANKFURT (Reuters) – Germany’s Siemens Energy will rejoin the nation’s premier DAX stock index, while the meal-kit ..
News
Ireland fines Instagram a record $400 million over children’s data
DUBLIN (Reuters) -Ireland’s data privacy regulator has agreed to levy a record fine of 405 million euros ($402 million) against ..
News
UniCredit sets out $8 billion aid package for Italy clients hit by surging prices
By Valentina Za MILAN (Reuters) -Italy’s second-biggest bank, UniCredit, on Monday unveiled a set of measures worth up to 8 bill..
News
Risk of UK balance of payments crisis under Truss is rising, Deutsche Bank warns
LONDON (Reuters) – The risk of a UK balance of payment crisis “should not be underestimated” under a Liz Truss gover..
News
Germany heading for recession despite new relief plan – economists
BERLIN (Reuters) – Germany, Europe’s largest economy, is still on course for a recession even with a new government plan t..
News
Saudi snitching app turns citizens into social media police
By Nazih Osseiran BEIRUT (Thomson Reuters Foundation) – A Saudi app that lets ordinary people “play the role of a police o..
News
German new passenger car registrations up 3% in August – industry source
(Reuters) – German new passenger car registrations rose 3% in August to nearly 200,000 vehicles, an industry source said on Mond..
News
Norway on track for record gas export, will be ready for winter -Gassco CEO
By Nora Buli STAVANGER, Norway (Reuters) – Norway’s gas export system is set to deliver record volumes of energy to Europe..
News
Euro zone business activity contracted again in August -PMI
LONDON (Reuters) – Euro zone business activity contracted for a second month in August as demand sank, with customers wary of th..
News
Yamal-Europe eastward gas flows resume as Nord Stream lays idle
(Reuters) -Eastbound natural gas flows via the Yamal-Europe pipeline to Poland from Germany resumed on Sunday, pipeline operator data ..
News
TF1 to take action against Vivendi’s Canal+ over decision to stop airing its programmes
PARIS (Reuters) -French television group TF1 will take action against Vivendi’s pay TV unit Canal+ over a decision to no longer ..
News
Myanmar junta chief makes another visit to Russia
(Reuters) – Myanmar’s junta leader was on a visit to Russia on Monday, his second trip there in less than two months, as M..
News
Czech interest rates already at high level, central bank governor says
PRAGUE (Reuters) – Czech interest rates are already at a high level that is dampening domestic demand pressures, central bank Go..
News
Evergrande winding-up lawsuit in Hong Kong adjourned to Nov 7
HONG KONG (Reuters) – Hong Kong’s High Court approved on Monday an application by China Evergrande Group and its major off..
News
JPMorgan readies overseas retail expansion with German hiring spree
By Marta Orosz and Tom Sims FRANKFURT (Reuters) – JPMorgan plans to hire a team of retail bankers in Germany as the biggest U.S...
News
Analysis-Nickel meltdown puts spotlight on LME’s search powers
By Pratima Desai LONDON (Reuters) – Stung by an epic crisis in nickel trading, the London Metal Exchange is ushering in new rule..
News
Asia shares ease, euro slugged by energy crisis
By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday while the euro took a fresh spill after Russia shut a major gas ..
News
Soccer-Rashford, Antony score as Man United end Arsenal’s 100% start
By Simon Evans MANCHESTER, England (Reuters) -Marcus Rashford struck twice as Manchester United made it four wins in a row and ended A..
News
Belgian motorists beat fuel inflation with cross-border trips to France
HALLUIN, France (Reuters) – French government support for gasoline prices has led to long queues of cars from Belgium queuing at..
News
Incoming Starbucks boss to bring consumer insight to coffee culture
By Richa Naidu LONDON (Reuters) -Laxman Narasimhan may have no experience of running coffee shops, but the outgoing CEO of British pac..
News
European shares end five-day losing streak, still down for the week
By Anisha Sircar and Shreyashi Sanyal (Reuters) – European stocks rose 2% on Friday, clocking gains for the first time in six da..
News
MIDLANDS’ OLDER GENERATION SPLURGE ON FINANCIAL GIFTS TO HELP LOVED ONES
Several in their golden years are not prepared for inheritance tax As the cost of living continues to rise, over-50s in the Midlands ..
News
British port workers plan two-week strike from Sept. 19
LONDON (Reuters) -More than 560 dockworkers at the Port of Liverpool, one of Britain’s largest container docks, will go on strik..
News
G7 finance chiefs agree on Russian oil price cap but level not yet set
By David Lawder and Christian Kraemer (Reuters) -Group of Seven finance ministers agreed on Friday to impose a price cap on Russian oi..
News
Stress test backs extending lifespan of two German nuclear plants: sources
By Markus Wacket BERLIN (Reuters) -A power grid stress test has shown that extending the lifespan of two of Germany’s nuclear po..
News
Euro zone yields fall as US payrolls seen easing rate-hike pressure
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Euro zone government bond yields fell on Friday, falling in line with U.S. pee..
News
Fed’s job-friendly ‘soft landing’ hinges on history not repeating
By Howard Schneider (Reuters) – Federal Reserve officials have acknowledged that the battle against inflation will be paid for w..
News
Exclusive-Embattled Credit Suisse aims to launch China wealth business next year
By Anshuman Daga SINGAPORE (Reuters) – Credit Suisse, which has been buffeted by a string of scandals, management changes and gl..
News
Starbucks taps head of Lysol maker Reckitt as its new CEO
NEW YORK (Reuters) -Starbucks Corp on Thursday named Laxman Narasimhan as its next chief executive officer, choosing an executive cred..
News
Philips subsidiary to pay over $24 million for alleged false claims for medical equipment
By Kanishka Singh WASHINGTON (Reuters) -A subsidiary of Dutch medical device maker Philips has agreed to pay over $24 million to resol..
News
Gorbachev died shocked and bewildered by Ukraine conflict – interpreter
By Andrew Osborn MOSCOW (Reuters) -Mikhail Gorbachev, the last Soviet leader, was shocked and bewildered by the Ukraine conflict in th..
News
Sterling slides below $1.15 for first time since 2020
By Tom Wilson and Samuel Indyk LONDON (Reuters) -Sterling skidded against the dollar on Thursday to its lowest level since March 2020 ..
News
EU regulator backs two Omicron-adapted COVID boosters
By Natalie Grover and Ludwig Burger (Reuters) -The European Union’s drug regulator on Thursday backed two separate COVID-19 vacc..
News
High inflation is bad for UK productivity – BoE’s Mann
LONDON (Reuters) – Britain’s very high inflation risks distracting businesses from the longer-term decisions needed to boo..
News