Kuehne raises Lufthansa stake to 17.5% as Germany sells remaining shares
BERLIN/ZURICH (Reuters) -Logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Lufthansa to 17.5%, Kuehne Holding sai..
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Yen stems losses after report of BOJ rate check, hints on intervention
By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) – The yen rose on Wednesday, moving off a 24-year trough, after media rep..
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EU will propose windfall levies on energy firms, von der Leyen says
BRUSSELS (Reuters) – The European Union will propose measures to cap revenues from low-cost electricity generators and force fos..
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Zara owner Inditex’s first-half sales surge ahead of potential slowdown
MADRID (Reuters) – Fashion brand Zara’s owner Inditex said on Wednesday that profit for the six months to July jumped by 4..
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German coalition divided over Chinese bid for Hamburg port terminal
By Andreas Rinke and Sarah Marsh BERLIN (Reuters) -Germany’s ruling coalition is divided over whether to let China’s Cosco..
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Upset by high prices, GM’s Cruise develops its own chips for self-driving cars
By Jane Lanhee Lee and Hyunjoo Jin SAN FRANCISCO (Reuters) – General Motors’ autonomous driving unit Cruise has developed ..
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Starbucks projects profit growth from tech, stores, workers spending
By Hilary Russ SEATTLE (Reuters) -Starbucks Corp projects profits to grow between 15% to 20% per share over the next three years, a si..
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Virgin Australia says high staff illness rates hampering capacity, lifting fares
By Jamie Freed SYDNEY (Reuters) – Virgin Australia has been unable to provide enough domestic capacity to meet demand, which is ..
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JPMorgan, BofA cautious on job cuts as Goldman layoffs loom
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -JPMorgan Chase and Bank of America, the two largest U.S. banks by assets, express..
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Plane carrying coffin of Queen Elizabeth lands in London
LONDON (Reuters) – A plane carrying the body of Queen Elizabeth landed at a royal airforce base in west London on Tuesday, as th..
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Stocks tumble, dollar rallies as soaring U.S. inflation implies an aggressive Fed
(Updates after U.S. close, adds commentary) By Sinéad Carew NEW YORK (Reuters) – The dollar index rallied on Tuesday and the S&a..
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Ukraine’s first lady to be guest of honor at EU State of Union
BRUSSELS (Reuters) – Ukrainian first lady Olena Zelenska will be the guest of honor at Wednesday’s EU State of the Union, ..
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Russia’s Putin, India’s Modi to discuss trade, food supplies on Friday
MOSCOW (Reuters) -Russian President Vladimir Putin and Indian Prime Minister Narendra Modi will meet in Uzbekistan on Friday and discu..
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Abris-backed Alsendo invests in Czech platform Zaslat
Acquisition will accelerate shipping services business’ expansion into Central European markets 13 September 2022, Warsaw – Abris Capi..
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Climate impacts heading to ‘uncharted territories of destruction’ -UN chief
By Gloria Dickie LONDON (Reuters) -The impacts of climate change are “heading into uncharted territories of destruction”, ..
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Factbox-Government measures to ease inflation pain
(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine have c..
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How China became big business for Twitter, from blocking to blue checks
By Fanny Potkin, Eduardo Baptista and Tony Munroe SINGAPORE/BEIJING (Reuters) -Even as China bars 1.4 billion citizens from Twitter, i..
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London flight, hotel fares surge ahead of Queen’s funeral
By Muhammed Husain and Chandini Monnappa (Reuters) – Hotel prices in London and airfares to the British capital are soaring as h..
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Bank of England to raise rates by 50bps again to tame inflation: Reuters Poll
By Jonathan Cable LONDON (Reuters) – The Bank of England looks set to hike borrowing costs by another 50 basis points next week,..
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UK unemployment hits lowest since 1974 but jobs boom is fading
By William Schomberg and David Milliken LONDON (Reuters) -Britain’s jobless rate hit its lowest since 1974 but the drop was due ..
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Fuel markets to stay tight till mid-2020s as refining shrinks
By Ahmad Ghaddar LONDON (Reuters) – Crude oil refining capacity has shrunk by a record 3.8 million barrels per day from March 20..
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UK’s FTSE 100 gets a lift from commodities as U.S. inflation data looms
By Bansari Mayur Kamdar and Johann M Cherian (Reuters) – UK’s main index ticked up in choppy trading on Tuesday on gains i..
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Bottlenecks, supply problems improving at ABB robotics division – board member
MUNICH (Reuters) – Bottlenecks in the supply of semiconductors and other components for ABB’s robotics division are improv..
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Stora Enso sells paper mill to German Lidl owner Schwarz Group
HELSINKI (Reuters) – Finnish forestry group Stora Enso said on Tuesday it would sell its Maxau paper production site in Germany ..
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Spain August final 12-month inflation at 10.5%
MADRID (Reuters) -Spanish consumer prices rose 10.5% year-on-year in August, slightly higher than the flash estimate released last mon..
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Ocado Retail cuts outlook as Britons tighten belts
By James Davey LONDON (Reuters) -British online supermarket Ocado Retail downgraded its full-year outlook on Tuesday, saying customers..
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Seeking right tone, new UK PM Truss had to quickly change gear for queen
By Elizabeth Piper and Michael Holden LONDON (Reuters) – Just a week after Queen Elizabeth asked Liz Truss to form a government,..
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Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown
By Medha Singh and Lisa Pauline Mattackal (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin..
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Oracle offers its MySQL HeatWave database and analytics on Amazon’s cloud
(Reuters) – Oracle Corp has started to offer MySQL HeatWave, its cloud database service for transactions, analytics and machine ..
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French cloud provider OVH lines up diesel generators to offset potential power cuts
By Mathieu Rosemain STRASBOURG, France (Reuters) – OVHcloud, France’s biggest home grown cloud services provider, is braci..
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Premium bicycles win new fans among China’s city folk
BEIJING (Reuters) – Zhou Changchang likes to spend his spare time cruising along the streets of China’s capital with his c..
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Nintendo shares jump 5% on record ‘Splatoon’ launch
By Sam Nussey TOKYO (Reuters) – Shares in Nintendo Co Ltd jumped 5% on Tuesday after the Japanese gaming company reported record..
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Bezos’ Blue Origin suffers rocket failure during uncrewed mission
By Joey Roulette WASHINGTON (Reuters) -A rocket from Jeff Bezos’ space company Blue Origin failed mid-flight shortly after lifto..
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Most Twitter shareholders vote in favor of sale to Musk-sources
By Svea Herbst-Bayliss (Reuters) – A majority of Twitter Inc’s shareholders have voted in favor of the social media compan..
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Radiflow OT IDS Solution & CISCO’s Network Access Control to Secure BMS Controls in Critical Financial Data Centers
Radiflow’s OT IDS Solution that provides network visibility and threat detection is integrated with CISCO’s Network Access..
Technology
Spain’s retailers shun government proposal to freeze basic goods prices
MADRID (Reuters) – Spain’s main supermarket chains rejected on Monday a proposal by the left-wing coalition government to ..
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With solemn ceremony, Scots pay tribute to late Queen Elizabeth and welcome new king
By Andrew MacAskill and Lindsay Dunsmuir EDINBURGH (Reuters) – The late Queen Elizabeth’s coffin was taken along the Royal..
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