China regulator says Alibaba, Tencent have submitted app algorithm details
SHANGHAI (Reuters) – China’s top internet watchdog said on Friday tech giants such as Tencent Holdings and Alibaba Group have submitted de..
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China regulator says Alibaba, Tencent have submitted app algorithm details
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Sterling falls vs dollar as focus turns to UK data
Sterling falls vs dollar as focus turns to UK data
LONDON (Reuters) – The British pound fell on Monday against a broadly stronger dollar at the start of a week where traders and the Bank of Engla..
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Biotech stocks pin bounce back hopes on M&A boost
By Amruta Khandekar and Leroy Leo (Reuters) – Plunging valuations have made biotech companies tempting acquisition targets for cash-rich Big Pha..
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Automakers scramble to decode new U.S. EV tax credits
Automakers scramble to decode new U.S. EV tax credits
By David Shepardson and Joseph White WASHINGTON (Reuters) – U.S. automakers and dealers are scrambling to figure out if they can still offer $7,..
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U.S. inflation outlook brightens as import prices fall, consumer sentiment rises
(Reuters) – U.S. import prices fell for the first time in seven months in July, helped by a strong dollar and lower fuel and nonfuel costs, whil..
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Mercedes Benz becomes first partner of CATL’s new Hungary battery plant
Mercedes Benz becomes first partner of CATL’s new Hungary battery plant
BERLIN (Reuters) -Mercedes-Benz is the first carmaker to receive cells from a new 7.34 billion euro ($7.56 billion) battery factory China’s CATL..
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Britain considers energy bill subsidy for industrial firms
Britain considers energy bill subsidy for industrial firms
LONDON (Reuters) -Britain is considering plans to subsidise power bills for energy intensive industries such as steel and cement, in an effort to supp..
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German regulator calls on Allianz to improve controls – source
German regulator calls on Allianz to improve controls – source
FRANKFURT (Reuters) – Germany’s financial watchdog BaFin has called on Allianz to improve its internal controls following fraud at its U.S..
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Risk of new wildfires in southwestern France as heatwave persists
Risk of new wildfires in southwestern France as heatwave persists
By Stephane Mahe and Manuel Ausloos SAINT-MAGNE, France (Reuters) – High temperatures and a worsening drought brought a high risk of new fires b..
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FTSE 100 climbs on smaller-than-expected GDP contraction, GSK rebound
FTSE 100 climbs on smaller-than-expected GDP contraction, GSK rebound
By Sruthi Shankar (Reuters) – London’s FTSE 100 rose on Friday after data showed Britain’s economy contracted less than feared in th..
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Flutter’s full-year earnings turnaround forecast sends shares higher
Flutter’s full-year earnings turnaround forecast sends shares higher
DUBLIN (Reuters) -Flutter posted a 20% fall in first-half earnings but saw no sign of cash-strapped customers betting less and expects to finish the y..
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Stocks lose ground, Treasury yields climb after inflation data
Stocks lose ground, Treasury yields climb after inflation data
By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and Nasdaq finished in the red while Treasury yields rose as investors digested signs of co..
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Oil prices slip on cloudy demand outlook, but poised for weekly gain
Oil prices slip on cloudy demand outlook, but poised for weekly gain
By Sonali Paul and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices dropped in Asia trade on Friday amid an uncertain demand outlook, though benchmark cont..
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Walmart’s long-lasting challenge: luring budget shoppers back to its stores
By Arriana McLymore and Siddharth Cavale (Reuters) – Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted for the neighbor..
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How to streamline logistics costs
By Gary Dodsworth, UK Road Director at Rhenus Logistics. Research shows 71 percent of UK logistics companies have reported an increase i..
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Solving the Scope 3 Emissions Conundrum
By Sudalaimuthu Gurusamy, Domain Consultant with the Risk Management practice of the Banking and Financial Services (BFS) business unit at..
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Stocks climb, yields fall with dollar on inflation data
Stocks climb, yields fall with dollar on inflation data
By Sinéad Carew NEW YORK (Reuters) – Wall Street equities rallied and Treasury yields plunged after signs of sharply decelerating U.S. inflation..
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Biden signs bill to boost U.S. chips, compete with China
Biden signs bill to boost U.S. chips, compete with China
By David Shepardson and Jeff Mason WASHINGTON (Reuters) -President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion in subsidies f..
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Russia puts Iranian satellite into orbit
Russia puts Iranian satellite into orbit
MOSCOW (Reuters) -Russia launched an Iranian satellite into orbit on Tuesday from southern Kazakhstan, just three weeks after President Vladimir Putin..
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FBI searches Trump’s Florida home as part of presidential records probe
FBI searches Trump’s Florida home as part of presidential records probe
By Brian Ellsworth and Sarah N. Lynch PALM BEACH, Fla. (Reuters) -Former President Donald Trump said FBI agents raided his Mar-a-Lago estate on Monday..
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Companies in China distance themselves from Taiwan amid Pelosi backlash
Companies in China distance themselves from Taiwan amid Pelosi backlash
By Eduardo Baptista BEIJING (Reuters) – From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are rushing to dista..
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Wait and see: U.S. companies curb investment as they await Fed moves
By Timothy Aeppel (Reuters) – Business investment appears to be an early victim of red-hot U.S. inflation and rising interest rates. Nonresident..
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Factbox: Government measures to ease inflation pain
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 are combining to push ..
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Russia bans Western investors from selling banking, key energy stakes
Russia bans Western investors from selling banking, key energy stakes
(This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) – Russia has ..
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U.S. job growth surges in July as labor market defies recession fears
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth unexpectedly accelerated in July, lifting the level of employment back to its pre-pande..
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Switzerland’s new energy asset: hydro plant with capacity to charge 400,000 car batteries
Switzerland’s new energy asset: hydro plant with capacity to charge 400,000 car batteries
By Denis Balibouse FINHAUT, Switzerland (Reuters) – Switzerland is adding a much needed cog in the wheel to its energy supply with an undergroun..
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Analysis-East Europe’s party is over as double-digit inflation bites
Analysis-East Europe’s party is over as double-digit inflation bites
By Krisztina Than ESZTERGOM, Hungary (Reuters) – In the weeks that followed Russia’s invasion of Ukraine, western Europe’s big econo..
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Pelosi praises Taiwan, says Asian trip wasn’t to change status quo
Pelosi praises Taiwan, says Asian trip wasn’t to change status quo
By Sakura Murakami and Kiyoshi Takenaka TOKYO (Reuters) -U.S. House of Representatives Speaker Nancy Pelosi on Friday praised Taiwan, pledged U.S. sol..
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Britain lifts rates by most since 1995, latest to deliver aggressive hikes
(Reuters) – The Bank of England raised interest rates on Thursday by half-a-point in its biggest move in 27 years to tame inflation. Central ban..
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Man charged under Britain’s Treason Act over Christmas Day incident at queen’s home
Man charged under Britain’s Treason Act over Christmas Day incident at queen’s home
By Michael Holden LONDON (Reuters) – A man arrested with a crossbow at Queen Elizabeth’s Windsor Castle home on Christmas Day last year ha..
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Why some heatwaves prove deadlier than others
Why some heatwaves prove deadlier than others
By Gloria Dickie LONDON (Reuters) – Europe’s record-breaking heatwave last month saw England and Wales register https://www.ons.gov.uk/peo..
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UK leadership favourite Truss U-turns on pay plan in first big misstep
UK leadership favourite Truss U-turns on pay plan in first big misstep
By Andrew MacAskill and Kylie MacLellan LONDON (Reuters) -Britain’s foreign minister Liz Truss, the frontrunner to replace Boris Johnson as prim..
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Europe’s summer travel chaos
Europe’s summer travel chaos
(Reuters) – Strikes and staff shortages are forcing airlines to cancel thousands of flights and causing hours-long queues at major airports, das..
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Analysis: U.S. banks face trillion-dollar reverse repo headache
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn ..
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Living with COVID’: Where the pandemic could go next
Living with COVID’: Where the pandemic could go next
By Jennifer Rigby and Julie Steenhuysen LONDON/CHICAGO (Reuters) – As the third winter of the coronavirus pandemic looms in the northern hemisph..
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Gold investors face bind over bars from tarnished Russia
Gold investors face bind over bars from tarnished Russia
By Peter Hobson LONDON (Reuters) – Some investors want Russian gold off their books but it’s not that easy to remove. A de facto ban on Ru..
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U.S. considers crackdown on memory chip makers in China
U.S. considers crackdown on memory chip makers in China
By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – The United States is considering limiting shipments of American chipmaking equipmen..
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