Russia’s Ochakovo ups soft drink bottling capacity as Western rivals leave
MOSCOW (Reuters) – Russian drinks producer Ochakovo on Thursday said it had increased the annual bottling capacity of its CoolCo..
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Britain to receive rare LNG cargo from Australia, Oman
By Marwa Rashad LONDON (Reuters) -Britain is set to receive a rare shipment of liquefied natural gas (LNG) sourced from Australia and ..
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Euro zone July inflation confirmed at 8.9% y/y, core measure sharply up
BRUSSELS (Reuters) – Euro zone inflation reached a new record high of 8.9% year-on-year in July, the EU’s statistics offic..
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German heat pump bonanza test industry’s resilience in Russian gas crunch
By Thomas Escritt HOLZMINDEN, Germany (Reuters) – In a way, Stiebel Eltron has never had it so good. The heating manufacturer’..
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Norway and New Zealand deliver latest big rate hikes
LONDON (Reuters) -The Norwegian and New Zealand central banks this week both delivered yet more interest rate hikes and signalled furt..
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Bank of England sets out plans to sell $23 billion corporate bond stockpile
By David Milliken LONDON (Reuters) – The Bank of England set out plans on Thursday to auction off around 200 million pounds ($24..
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Poland’s PGNiG in talks to get more gas from Norway through new Baltic Pipe
WARSAW/GDANSK (Reuters) -Poland’s PGNiG is in advanced talks to source more gas from Norway through the new Baltic Pipe linking ..
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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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Exclusive-China regulator launches new probe into banks’ property loan exposure – sources
By Engen Tham and Ziyi Tang SHANGHAI/BEIJING (Reuters) -China’s banking regulator is scrutinising property loan portfolios of so..
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Stocks gain, shrugging off latest policymaker inflation concerns
By Tommy Wilkes LONDON (Reuters) -European stocks reversed early losses on Thursday as investors remained bullish even after Federal R..
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Yangtze tributary runs dry as China faces another month of drought
By Thomas Suen and David Stanway CHONGQING/SHANGHAI (Reuters) -Residents living near a tributary of the Yangtze river in the southwest..
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Analysis-U.S. retail traders pile back into options as meme-stock mania flares
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Speculative options trading is on the rise again among individual investors alongside ..
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European shares up on energy boost, but inflation caps gains
By Anisha Sircar and Shreyashi Sanyal (Reuters) -European shares rose on Thursday with a boost from oil stocks, but lagged other major..
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UK budget think tank warns future PM against big tax cuts
By David Milliken LONDON (Reuters) – Britain’s next prime minister will not have room to make large, permanent tax cuts, t..
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India eases Russian oil buying in July, boosts Saudi imports -trade
By Nidhi Verma NEW DELHI (Reuters) – India’s crude oil imports from Russia in July fell for the first time since March alo..
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Russian Urals crude oil prices jump ahead of EU embargo
By Julia Payne LONDON (Reuters) – Russia’s key crude oil grade, Urals, has been trading at levels not seen in Europe since..
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China’s Tencent reports first revenue drop as gaming regulations and COVID-19 bite
By Josh Ye HONG KONG (Reuters) -China’s Tencent Holdings suffered its first ever quarterly sales fall on Wednesday, hurt by a go..
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Spot prices up on less solar, rising French demand
PARIS (Reuters) – European spot power contracts rose on Wednesday, as solar supply in Germany is expected to fall while demand i..
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Norway’s wealth fund loses record $174 billion in first half of 2022
By Victoria Klesty OSLO (Reuters) -Norway’s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillio..
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Analysis-China central bank, under pressure to ease, is hemmed-in by inflation, Fed jitters
By Kevin Yao BEIJING (Reuters) – China’s central bank is set to take more easing steps, pressured by a shaky economy that ..
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European bourses steady as focus remains on key economic data
By Anisha Sircar (Reuters) – European shares on Wednesday were little changed amid persisting recession fears, with investors ey..
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FTSE 100 subdued as UK inflation hits double digits
By Sruthi Shankar and Johann M Cherian (Reuters) -UK’s FTSE 100 was muted on Wednesday after data showed inflation hit double di..
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Cineworld plunges as lack of blockbusters adds to debt woes
By Pushkala Aripaka (Reuters) -Cineworld warned on Wednesday a lack of big-budget movies was hitting admissions and would likely persi..
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Exclusive-China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources
SHANGHAI (Reuters) -China’s EVE Energy Co Ltd will supply BMW with large cylindrical batteries for its electric cars in Europe, ..
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Norway’s wealth fund loses $174 billion in first half of 2022
By Victoria Klesty OSLO (Reuters) – Norway’s sovereign wealth fund, the world’s largest, made a loss of 1.68 trillio..
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Rohingya refugees in India’s capital to be given flats, security
By Krishna N. Das NEW DELHI (Reuters) -Rohingya refugees from Myanmar in India’s capital will be allotted apartments and provide..
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Analysis: Action wanes at U.N. to isolate Russia almost six months into Ukraine war
By Michelle Nichols and Emma Farge UNITED NATIONS/GENEVA (Reuters) – On a June night under the chandeliers of Russia’s Uni..
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London set for hosepipe ban from Aug. 24 – water company
LONDON (Reuters) – Thames Water, which serves customers in and around the British capital London, said on Wednesday it was banni..
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S.Korea calls for talks as N.Korea test fires missiles
By Hyonhee Shin and Soo-hyang Choi SEOUL (Reuters) – Talks with North Korea should not be for political show but contribute to e..
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NZ, Aussie dlrs have busy day, Fed minutes loom
By Alun John HONG KONG (Reuters) – The Australian and New Zealand dollars were volatile in Asia on Wednesday, before ending up b..
Trading
Analysis-As earnings support U.S. stock rebound, worries over future profits grow
By Lewis Krauskopf NEW YORK (Reuters) – Stronger-than-expected corporate earnings have helped fuel the rebound for U.S. stocks b..
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Analysis-Oil prices turn more volatile as investors exit the market
By Stephanie Kelly and Noah Browning NEW YORK/LONDON (Reuters) – Traders and fund managers have left crude oil markets in recent..
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UK sees biggest rise in foreign workers since COVID-19 pandemic
By David Milliken LONDON (Reuters) – Britain recorded its biggest rise in foreign workers since the start of the COVID-19 pandem..
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European stocks rally for fifth day as defensives, miners climb
By Sruthi Shankar (Reuters) -European shares extended gains for a fifth straight session on Tuesday, buoyed by defensive sectors and m..
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Russia says ‘no need’ to use nuclear weapons in Ukraine
MOSCOW (Reuters) – Russia has “no need” to use nuclear weapons in Ukraine, its defence minister said on Tuesday, des..
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Can the Right MDM for Android TVs Improve Your Work Environment?
By Nadav Avni, Chief Marketing Officer at Radix Technologies With the growing popularity of smart TVs worldwide, the deman..
Business
Analysis-Trapped cash mangles China’s policy plans
By Samuel Shen and Brenda Goh SHANGHAI (Reuters) – China’s surprise cut in key policy rates this week highlights a dilemma..
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