UK economy on brink of recession as it shrinks in August
By William Schomberg and Andy Bruce LONDON (Reuters) – Britain’s economy looks set to go into recession as data showed it ..
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Swedish energy minister: need to decouple gas from electricity price
PRAGUE (Reuters) – The European Union needs to find a way to decouple gas and electricity prices, Swedish energy minister Khasha..
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Mercedes-Benz and Microsoft collaborate on supply chain data platform
BERLIN (Reuters) – Mercedes-Benz and Microsoft announced a partnership on Wednesday using Microsoft Cloud for a data platform in..
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Russian missiles hit 30% of Ukraine’s energy infrastructure in two days – minister
(Reuters) – Russia hit about 30% of Ukraine’s energy infrastructure in its missile attacks on Monday and Tuesday, Ukraine&..
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EFG International says profitability improved in first nine months
ZURICH (Reuters) -EFG International said it had seen a “significant increase” in underlying net profit for the first nine ..
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Twitter reviews policies around permanent user bans – FT
(Reuters) -Twitter Inc is reviewing its policies around permanently banning users, possibly bringing its content moderation in line wi..
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Meta’s new Quest Pro headset, mixing real and virtual worlds, makes debut
By Katie Paul (Reuters) -Meta Platforms unveiled its Quest Pro virtual and mixed reality headset on Tuesday, marking a milestone for C..
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Analysis-Fearing war in Xi’s next term, Taiwan bolsters defences
By Yimou Lee and Ben Blanchard TAIPEI (Reuters) – Taiwan is bolstering its defences and steeling itself for the possibility of w..
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YOOBIC Celebrates Banner Year With Accelerating Global Growth
UK based digital workplace pioneer posts 40% global growth driven by new clients including Levi’s & Pure Gym 22 September 2..
Business
ECB’s Villeroy lays out plan for shrinking balance sheet
NEW YORK (Reuters) – The European Central Bank should start shrinking its balance sheet once its interest rate is close to 2%, f..
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Caixabank proposes sector-wide freeze in variable mortgage costs, source says
MADRID (Reuters) – Caixabank, Spain’s biggest lender by domestic assets, has proposed a sector-wide measure to cushion the..
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Germany’s SLM recommends shareholders accept Nikon takeover offer
(Reuters) – The board of German 3D metal printing machine maker SLM Solutions Group AG on Tuesday recommended that its sharehold..
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Analysis-Fearing war in Xi’s next term, Taiwan bolsters defences
(Reuters) – The International Monetary Fund warned on Tuesday of a disorderly repricing in markets, saying global financial stab..
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British pensions step up multi-billion-pound asset fire sale as need for cash soars
By Tommy Wilkes and Carolyn Cohn LONDON (Reuters) – UK pension schemes are racing to raise hundreds of billions of pounds to sho..
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Germans told to unite over energy crisis amid EU divisions
By Rachel More and Paul Carrel BERLIN (Reuters) – Germany can weather a winter gas shortage caused by Russia’s war on Ukra..
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Stocks tumble globally on raft of economic, political worries
By Sinéad Carew and Dhara Ranasinghe LONDON/NEW YORK (Reuters) – MSCI’s global index of stocks hit its lowest level in alm..
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Sterling snaps four-day drop, but gilt-market havoc tempers gains
By Amanda Cooper LONDON (Reuters) -The pound snapped a four-day streak of losses on Tuesday in a volatile session, in which the Bank o..
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Stellantis aims to boost recycled material content in vehicles
MILAN (Reuters) -Stellantis will look to upgrade its medium-term target for the minimum percentage of recycled material in its vehicle..
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U.S. dollar drifts higher; yen heads toward level that prompted intervention
By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar edged higher in choppy trading on Tuesday, add..
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Damien Hirst burns artworks after collectors pick their NFTs instead
By Marie-Louise Gumuchian LONDON (Reuters) – Britain’s Damien Hirst started burning hundreds of his artworks on Tuesday af..
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Explainer-Why is Bank of England acting again? What next in the UK crisis?
LONDON (Reuters) – The Bank of England again sought to stem a sharp sell-off in Britain’s 2.1 trillion pound ($2.3 trillio..
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Oil falls more than 2% on recession and China COVID fears
By Alex Lawler LONDON (Reuters) – Oil slid more than 2% on Tuesday, extending losses of nearly 2% in the previous session, as re..
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Scholz: if Germany continues to adapt, we will make it through winter
BERLIN (Reuters) – Germany will make it through the winter if citizens, companies and policymakers continue to adapt to the coun..
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Spain’s Cepsa signs green hydrogen shipping deal with Rotterdam port
MADRID (Reuters) -Spanish oil and gas group Cepsa has signed a deal with the Dutch port of Rotterdam to ship green hydrogen from south..
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France says Belarus could face more sanctions if it gets increasingly involved in Ukraine conflict
PARIS (Reuters) – Belarus could face more sanctions if it gets more and more involved in the Ukraine conflict, French Foreign Af..
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Billionaire investor Yuri Milner relinquishes Russian citizenship
(Reuters) – Israeli-Russian billionaire Yuri Milner said on Monday he has renounced his Russian citizenship after leaving the co..
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Shareholders more likely to support eco-initiatives if they have experienced climate disasters
Shareholders in locations recently hit by climate-related disasters such as hurricanes are far more likely to support environmental pr..
Finance
The Trials of Developing A Fintech Product
By Rosie McConnell, Head of Product at IFX Payments When looking back over the last few years or so ther..
Finance
EU countries eye deal on more energy measures within weeks
By Kate Abnett BRUSSELS (Reuters) – European Union countries will seek a November deal on more emergency measures to tackle high..
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Factbox-European companies offer one-off bonuses, hike pay amid cost-of-living crisis
(Reuters) -Companies across Europe are offering one-off bonuses and are under pressure to increase pay to help staff with surging food..
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Banking crisis breakthroughs win Nobel economics prize for Bernanke, Diamond, Dybvig
By Simon Johnson and Johan Ahlander STOCKHOLM (Reuters) – A trio of U.S. economists including former Federal Reserve Chair Ben..
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Sterling slides as bets for aggressive U.S. tightening boost dollar
By Alun John LONDON (Reuters) -Sterling slid versus the dollar on Monday after Friday’s strong U.S. labour market data supported..
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Renault and Nissan in talks that could reshape autos alliance
By Gilles Guillaume and Satoshi Sugiyama PARIS/TOKYO (Reuters) -Renault and Nissan said on Monday they were in talks about the future ..
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Factbox-How Germany’s gas price brake is helping reeling industry
FRANKFURT (Reuters) – A German expert commission that has been charged with drawing up plans to ease the impact of high gas pric..
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UK will not urge public to cut energy use, minister says
By Muvija M LONDON (Reuters) -Britain is not asking people to use less energy, climate minister Graham Stuart said on Friday, despite ..
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World food price index falls for sixth month in Sept -FAO
ROME (Reuters) – The United Nations food agency’s world price index fell for a sixth month in a row in September, receding..
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Chipmakers weigh on European shares; focus on U.S. jobs data
By Devik Jain (Reuters) -European shares slipped on Friday, led by semiconductor firms after weak earnings and forecasts from Samsung ..
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