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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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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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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Britain launches trade system for developing countries
LONDON (Reuters) – Britain has launched a scheme to extend tariff cuts to hundreds of products, such as clothes and food, from d..
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Sterling little changed after mixed labour market data
By Samuel Indyk LONDON (Reuters) – The British pound was little changed on Tuesday, having briefly fallen to its lowest level in..
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UK’s hot labour market cools and inflation eats pay
By William Schomberg and David Milliken LONDON (Reuters) -Britain’s super-hot labour market showed signs of cooling in official ..
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Bill Gates, South Korea expand global health partnership
By Joori Roh and Joyce Lee SEOUL (Reuters) – South Korea agreed on Tuesday to expand its global health partnership with the foun..
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BP solar joint venture expanding in Australia with two new projects
By Sonali Paul MELBOURNE (Reuters) – Solar developer Lightsource bp is set to reach financial close later this year on two new s..
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Turkey says five more grain ships leave Ukrainian ports
ISTANBUL (Reuters) – Five more ships have left Ukrainian ports carrying corn and wheat, three from Chornomorsk and two from Pivd..
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Delivery Hero sees higher gross merchandise value in third quarter
(Reuters) -German online takeaway food company Delivery Hero on Tuesday forecast a 7% jump in its third-quarter gross merchandise valu..
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Average annual UK grocery bill highest since at least 2008 -industry data
LONDON (Reuters) – UK grocery inflation hit 11.6% in August, the highest level since at least 2008, adding 533 pounds ($642) to ..
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UK to offer COVID booster to all adults from September
By Natalie Grover LONDON (Reuters) -All adults in the United Kingdom will be offered a COVID-19 booster starting from September, healt..
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Factbox-Europe’s efforts to shield households from soaring energy costs
By Bozorgmehr Sharafedin (Reuters) – Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in ..
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Stocks, U.S. dollar gain despite surprise weak China data
By Chibuike Oguh New York (Reuters) – Global equities and the U.S. dollar advanced on Monday despite weaker-than-expected econom..
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UK first to approve Omicron COVID shot with Moderna nod
By Natalie Grover LONDON (Reuters) -Britain, the first country to approve a coronavirus vaccine in late 2020, has now also given the f..
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Explainer-Why Europe faces climbing energy bills
By Nina Chestney A global surge in wholesale power and gas prices means households across Europe face much higher energy bills this ye..
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Stocks struggle as China rate cut sends oil tumbling
By Huw Jones LONDON (Reuters) – Global shares struggled to advance on Monday while investors digested news of an unexpected cut ..
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Rouble falls past 61 vs dollar as conversion of depository receipts begins
MOSCOW (Reuters) -The rouble slid past 61 to the dollar on Monday as the conversion of depository receipts in Russian companies to loc..
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FTSE 100 up as AstraZeneca gains offset commodity losses
By Sruthi Shankar (Reuters) -UK’s FTSE 100 edged up on Monday as gains in drugmaker AstraZeneca and consumer stocks relieved pre..
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Tennis-Murray returns to Britain’s Davis Cup squad
(Reuters) – Three-times Grand Slam champion Andy Murray has been included in Britain’s team for the group stage of the Dav..
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SAS bridge financing keeps survival hopes airborne, shares climb
STOCKHOLM (Reuters) – Scandinavian airline SAS kept its bid for survival aloft at the weekend by securing bridge financing throu..
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European shares edge higher on healthcare lift, weak China data stokes worries
By Sruthi Shankar (Reuters) -European shares hovered near two-month highs on Monday, as signs of a slowing Chinese economy prompted in..
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