ECB must be prudent with rates hikes as recession risk rises: Panetta
MILAN (Reuters) -The European Central Bank must exercise caution with further rate hikes as a looming recession could ease inflationar..
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Polish President Duda in Kyiv to discuss more aid for Ukraine
WARSAW (Reuters) -Polish President Andrzej Duda offered more support for Ukraine and called for an end to the Russian occupation of Cr..
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Germany’s Uniper, E.ON to import green ammonia from Canada
FRANKFURT (Reuters) -German energy firms Uniper and E.ON plan to work on deals with Canada’s EverWind to buy a total of 1 millio..
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UK to manage water resources carefully as drought continues
LONDON (Reuters) -Britain will need to continue to manage water resources carefully over the coming months following the driest summer..
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Ryanair nudges up passenger target as adds more UK flights
DUBLIN (Reuters) -Ryanair on Tuesday nudged up its full-year forecast for passenger numbers after adding more flights to its UK winter..
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Euro zone slide towards recession pins euro to 20-year low
By Huw Jones LONDON (Reuters) – Contraction in the euro zone economy for a second straight month pinned the single currency to a..
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Record number of migrants arrive in Britain by boat on a single day
By Andrew MacAskill LONDON (Reuters) -The number of migrants arriving in Britain in small boats hit a record for a single day on Monda..
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China battles forest fires as fears linger over harvest
SHANGHAI (Reuters) -The southwestern Chinese regions of Chonqging and Sichuan were battling fires on Tuesday as they awaited a long-an..
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Apple plans to make iPhone 14 in India amid China woes – Bloomberg News
(Reuters) -Apple Inc plans to start manufacturing iPhone 14 in India as the U.S. tech giant seeks alternatives to China after Xi admin..
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Japan weighs relaxing border rules on COVID -media
By Rocky Swift and Elaine Lies TOKYO (Reuters) – Japan may lift requirements for pre-departure COVID-19 tests for travellers and..
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Germany’s Uniper to restart coal-fired power plant as Gazprom halts supply to Europe
(Reuters) -German utility Uniper SE on Monday said it will start producing electricity for the market at its Heyden 4 hard-coal-fired ..
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Ben & Jerry’s loses bid to halt sales in West Bank
By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday rejected Ben & Jerry’s attempt to stop i..
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McLaren to enter India market later this year
(Reuters) – British sportscar maker McLaren said on Monday it was entering the Indian market, with its first retail outlet set t..
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Britain’s cost of living crisis sends sterling to lowest since mid-July
By Joice Alves LONDON (Reuters) – Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy cost..
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Europe braces for more cuts in Russian oil and gas exports
MOSCOW (Reuters) -Europe faces fresh disruption to energy supplies due to damage to a pipeline system bringing oil from Kazakhstan thr..
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UK inflation to top 18% in early 2023, Citi warns
By William Schomberg and David Milliken LONDON (Reuters) -British consumer price inflation is set to peak at 18.6% in January, more th..
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European stocks hits lowest in nearly a month on looming energy crisis
By Anisha Sircar and Shreyashi Sanyal (Reuters) -European shares fell to their lowest level in nearly one month on Monday as worries a..
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EU monitor slashes summer crop yield outlook after dry weather
PARIS (Reuters) -The European Union’s crop monitoring service MARS on Monday lowered its yield forecasts again for summer crops ..
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Britain to pilot using smaller doses of monkeypox vaccine to boost supply
By Natalie Grover LONDON (Reuters) -Britain is following the United States and Europe in making the most of limited supply of the monk..
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Italy aims to pick preferred bidder for ITA Airways this month
By Francesco Zecchini and Giuseppe Fonte MILAN (Reuters) – Italy’s outgoing government is pressing ahead with plans to sel..
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Shares slip, dollar dominates as recession fears rise
By Herbert Lash and Lawrence White NEW YORK/LONDON (Reuters) – U.S. and European shares slumped and the dollar surged on Monday ..
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AMC falls after Cineworld’s bankruptcy warning on day ‘APE’ starts trading
By Anisha Sircar and Medha Singh (Reuters) -AMC Entertainment Holdings’ shares tumbled nearly 30% on Monday after UK-based Cinew..
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Dollar higher on risk aversion; euro revisits parity
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar rose across the board on Monday, briefly driving the euro back below parity, ..
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Prince William and Kate’s children to start new school near Windsor
LONDON (Reuters) – The three young children of Britain’s Prince William and his wife Kate are to start at a new school nex..
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Oil falls 4% on concerns economic slowdown may dent fuel demand
By Noah Browning LONDON (Reuters) -Oil prices fell on Monday in volatile trading, ending three days of gains, on fears aggressive U.S...
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Rouble eases from near 4-week high vs dollar, firms vs euro
MOSCOW (Reuters) -The Russian rouble pulled back from last week’s near four-week high against the dollar on Monday but held near..
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Plan to improve German rail transport may worsen congestion, industry warns
BERLIN (Reuters) – Germany is set to make rail transport for power plants and refineries a priority this week to ensure supply, ..
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Analysis: As drought risks rise, investors eye thirsty companies, solutions
By Cole Horton, Ross Kerber and Simon Jessop NEW YORK/LONDON (Reuters) – As droughts worsen across the world, investors are turn..
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TotalEnergies, Eni announce major Cyprus gas find
By Juliette Portala and Tassilo Hummel PARIS (Reuters) – TotalEnergies of France and Italy’s Eni on Monday announced a sig..
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Broker Marsh launches world first insurance for hydrogen projects
By Niket Nishant and Simon Jessop LONDON (Reuters) – Broker Marsh, a unit of Marsh & McLennan, said on Monday it was launchi..
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Factbox-Big banks expected to rack up more than $1 billion in fines for WhatsApp use
By Angelique Chen (Reuters) – Banking giants such as JPMorgan Chase & Co and Bank of America collectively face more than $1 ..
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Britain’s cost of living crisis sends sterling to lowest since mid-July
By Joice Alves LONDON (Reuters) – Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy cost..
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Factbox-What impact will strike at Britain’s busiest container port have?
LONDON (Reuters) – More than 1,900 workers at Britain’s biggest container port, Felixstowe, have begun eight days of strik..
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Traders cut Ukraine 2022 combined grain and oilseeds crop forecast
KYIV (Reuters) -Grain traders union UGA on Monday cut Ukraine’s 2022 combined grain and oilseeds crop forecast to 64.5 million t..
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UK economy shrank record 11% in 2020, worst since 1709
LONDON (Reuters) – Britain recorded its biggest fall in output in more than 300 years in 2020 when it faced the brunt of the COV..
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European stocks eye worst day in over a month on looming energy crisis
By Anisha Sircar (Reuters) -European shares were on Monday set for their worst day in more than a month as worries about tightening ga..
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UK midcaps at three-week low as recession fears grow
By Johann M Cherian and Sruthi Shankar (Reuters) – UK midcaps hit a three-week trough on Monday while the export-centric FTSE 10..
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