UK credit card borrowing rises by most since 2005 – BoE
By David Milliken LONDON (Reuters) – British credit card borrowing grew at the fastest pace since 2005 in the 12 months to July,..
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Britain’s bleak outlook sets sterling to downward spiral
By Joice Alves LONDON (Reuters) – Sterling edged lower on Tuesday against the euro and was set for its biggest monthly fall agai..
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China’s big cities, from Dalian to Shenzhen, ramp up COVID curbs
BEIJING/SHENZHEN, China (Reuters) -Several of China’s biggest cities imposed tougher COVID-19 curbs on Tuesday, further crimping..
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Pakistan floods add to pain for struggling small businesses
By Zofeen T. Ebrahim KARACHI, Pakistan (Thomson Reuters Foundation) – Dipping a roller into a tray of blue paint, Mohammad Rashi..
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For refugees in Cameroon, digital IDs are a life changer
By Maikem Emmanuela YAOUNDE (Thomson Reuters Foundation) – As a refugee in Cameroon, Shelley Teckombi Yazembrou struggled for ne..
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Banks, oil majors lift British shares higher
By Bansari Mayur Kamdar and Johann M Cherian (Reuters) -UK’s FTSE 100 reversed early losses on Tuesday, as banks and energy stoc..
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Banks lift European bourses as rate hike, recession fears grow
By Anisha Sircar (Reuters) -European shares rose on Tuesday following a two-day slump as banking stocks boosted bourses on the back of..
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Spain August 12-month inflation slows to 10.4% YoY; oil gives a break
(Reuters) – Spanish domestic consumer prices have eased despite remaining high, mainly due to lower fuel prices against a rise i..
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Switzerland’s engineering sector urges country to start energy saving now
ZURICH (Reuters) – Switzerland’s mechanical and electrical engineering sector said on Tuesday that businesses and househol..
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O’Grady to return to Bank of Ireland as CEO – Irish Times
DUBLIN (Reuters) – Bank of Ireland’s board has selected the group’s former chief financial officer Myles O’Gra..
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Parched UAE turns to science to squeeze more rainfall from clouds
By Abir Ahmar ABU DHABI (Reuters) – As a twin-turboprop aircraft takes off under the burning desert sun with dozens of salt cani..
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Schlumberger, Subsea 7 and Aker Solutions to form subsea engineering firm
OSLO (Reuters) – U.S. engineering firm Schlumberger and Norway’s Aker Solutions plan to merge their subsea oil and gas con..
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PIMCO cut big position in Russia CDS by adding bonds in Q2
By Davide Barbuscia NEW YORK (Reuters) – PIMCO’s largest investment fund bought Russia government international bonds and ..
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AAT could offer avenue into dream careers for school leavers following results day
Nearly a quarter of school leavers want to earn as they continue to learn according to research Astonishing 42% would love to ..
Finance
New suite of AAT qualifications to launch next month
Qualifications 2022 comes into effect on 1 September New suite of qualifications gives accounting technicians skills for chang..
Business
Long way to optimisation: ecommerce merchants opening up about their reality under PSD2
45% of ecommerce merchants are either following the minimum requirements or are still resolving the issues related to the regu..
Business
Toyota’s July global vehicle output drops again, puts annual target in doubt
(Reuters) -Toyota Motor Corp said on Tuesday its July global vehicle production had fallen 8.6% year-on-year, missing its target for t..
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Rate fever propels dollar, wallops stocks and bonds
By Dhara Ranasinghe and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks slumped on Monday as the growing risk of more aggr..
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EEX markets to remain open as power prices soar – statement
FRANKFURT (Reuters) – The European Energy Exchange said on Monday the bourse would remain open in its transparent price-setting ..
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Strategies to Employ During Global Expansion
By: Andy Latkovskis, HR Officer, New Horizons Global Partners In the current highly competitive business environment, thinking of a gl..
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Ukraine and Russia: What you need to know right now
(Reuters) – Ukraine announced the start of a long-awaited counter-offensive to retake territory in the south seized by Russian f..
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Want a Successful Global Business? Focus on International Payroll
By: Andy Latkovskis, HR Officer, New Horizons Global Partners Building a global business is essential in the current highly competitiv..
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Traders ramp up bets on 75 basis-point ECB Sept hike, bond yields jump
By Yoruk Bahceli (Reuters) -Euro zone money markets moved on Monday to price in a two-thirds chance of a large 75 basis-point European..
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Oil rises on prospect of OPEC+ supply cut
By Alex Lawler LONDON (Reuters) -Oil rose more than 1% on Monday, extending last week’s gain, as potential OPEC+ output cuts and..
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Floods, other water-related disasters could cost global economy $5.6 trillion by 2050 -report
By Gloria Dickie LONDON (Reuters) – Worsening droughts, storms and torrential rain in some of the world’s largest economie..
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ECB should raise rates at steady pace, chief economist says
FRANKFURT (Reuters) -The European Central Bank should raise interest rates at a “steady pace” until the end of its hiking ..
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Russian rouble firms towards 60 vs dollar, stocks up
MOSCOW (Reuters) -The rouble firmed towards 60 against the dollar on Monday, supported by the last month-end tax payments that boost d..
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Pain of breaking inflation will reverberate around the globe
By Balazs Koranyi and Howard Schneider JACKSON HOLE, Wyo. (Reuters) -The message from the world’s top finance chiefs is loud and..
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Russia sharply scales back Far East war games with China
By Mark Trevelyan LONDON (Reuters) – Russian military exercises in the Far East this week will take place on a far smaller scale..
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Dutch wind farm blows away opposition as ‘new millers’ get a stake
By Esther Verkaik ZEEWOLDE, Netherlands (Reuters) – Authorities in the Dutch city of Zeewolde have opened one of the countryR..
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Belgium supports energy price caps, suspending trading in EU power crunch
BRUSSELS (Reuters) – Belgium has backed introducing price caps for European Union’s gas and electricity hubs, as well as s..
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Elon Musk: focused on getting self-driving Teslas in wide release by year-end
By Nerijus Adomaitis and Nora Buli STAVANGER, Norway (Reuters) -Tesla chief Elon Musk said on Monday he aimed to get the electric auto..
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Oil trio’s Northern Lights in Yara CO2 emissions storage deal
By Nerijus Adomaitis and Nora Buli STAVANGER, Norway (Reuters) -Norwegian carbon dioxide (CO2) storage company Northern Lights and its..
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Swiss watchmakers remain upbeat ahead of Geneva gathering
By Silke Koltrowitz ZURICH (Reuters) – Swiss watchmakers are not seeing signs so far that geopolitical tensions and recession fe..
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Sony to buy mobile game developer in push beyond consoles
By Sam Nussey TOKYO (Reuters) – Sony Group Corp on Monday said it will acquire Helsinki and Berlin-based mobile games business S..
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Finnair partners with Qatar Airways in search of new routes
(Reuters) – Finnair will establish a strategic partnership with Qatar Airways to open up new routes from Nordic capitals to the ..
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IKEA stores owner buys 49% stake in Swedish wind power projects
IKEA stores owner buys 49% stake in Swedish wind power projects
STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in three wind develo..
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