Dollar slides on contraction in private sector activity
By Dhara Ranasinghe LONDON (Reuters) – The dollar pulled back from a fresh two-decade high against the euro on Tuesday after a r..
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Euro zone business activity contracted again in Aug, outlook bleak
By Jonathan Cable LONDON (Reuters) -Business activity across the euro zone contracted for a second straight month in August as the cos..
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German bond yields at new highs after stronger-than-expected PMIs
By Yoruk Bahceli (Reuters) – German bond yields rose on Tuesday to new multi-week highs after data showed euro zone business act..
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Apple plans to cut iPhone 14 production lag between China, India – Bloomberg
(Reuters) – Apple Inc plans to start making the iPhone 14 in India about two months after its release out of China, in a move th..
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Europe facing its worst drought in 500 years – study
By Philip Blenkinsop BRUSSELS (Reuters) – Europe is facing its worst drought in at least 500 years, with two-thirds of the conti..
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Exclusive-Allianz in talks with banks for China asset management venture -sources
By Samuel Shen and Selena Li HONG KONG (Reuters) – Allianz SE is in talks with Chinese banks to set up a majority-owned asset ma..
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Hungary pledges legal changes to secure EU recovery funding – govt
By Krisztina Than and Gabriela Baczynska BUDAPEST (Reuters) – Hungary will amend by the end of October several laws criticised b..
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UK to manage water resources carefully as drought continues
LONDON (Reuters) -Britain will need to continue to manage water resources carefully over the coming months following the driest summer..
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EDF’s minority shareholders scramble to challenge nationalisation price
By Julien Ponthus PARIS (Reuters) – Minority shareholders in EDF are accelerating their efforts to challenge the price set for t..
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ECB must be prudent with rates hikes as recession risk rises: Panetta
MILAN (Reuters) -The European Central Bank must exercise caution with further rate hikes as a looming recession could ease inflationar..
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Record number of migrants arrive in Britain by boat on a single day
By Andrew MacAskill LONDON (Reuters) -The number of migrants arriving in Britain in small boats hit a record for a single day on Monda..
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China battles forest fires as fears linger over harvest
SHANGHAI (Reuters) -The southwestern Chinese regions of Chonqging and Sichuan were battling fires on Tuesday as they awaited a long-an..
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Euro zone business activity contracted again in Aug, outlook bleak
By Jonathan Cable LONDON (Reuters) -Business activity across the euro zone contracted for a second straight month in August as the cos..
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German investor Kuehne does not plan to further boost Lufthansa stake – FAZ
BERLIN (Reuters) – German logistics entrepreneur Klaus-Michael Kuehne is not planning to increase his stake in Lufthansa beyond ..
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Small businesses must think like mortgage switchers
August 2022: Purbeck Personal Guarantee Insurance, the U.K.’s first and only provider of personal guarantee insurance is urging small..
Business
These are the best industries to work in for your pension
Working in public administration and defence (including compulsory social security), offers the best employer contributions to..
Opinion
Real estate at critical juncture to embrace dynamic workplaces
JLL’s Future of Work Survey shows that while hybrid work is here to stay, the office remains critical to business operations LO..
Business
Japan weighs relaxing border rules on COVID -media
By Rocky Swift and Elaine Lies TOKYO (Reuters) – Japan may lift requirements for pre-departure COVID-19 tests for travellers and..
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Germany’s Uniper to restart coal-fired power plant as Gazprom halts supply to Europe
(Reuters) -German utility Uniper SE on Monday said it will start producing electricity for the market at its Heyden 4 hard-coal-fired ..
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Ben & Jerry’s loses bid to halt sales in West Bank
By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday rejected Ben & Jerry’s attempt to stop i..
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McLaren to enter India market later this year
(Reuters) – British sportscar maker McLaren said on Monday it was entering the Indian market, with its first retail outlet set t..
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Wealth Creation
Dollar higher on risk aversion; euro revisits parity
Dollar higher on risk aversion; euro revisits parity
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar rose across the board on Monday, briefly driving the euro back below parity, as investors shi..
Wealth Creation
Rouble eases from near 4-week high vs dollar, firms vs euro
MOSCOW (Reuters) -The Russian rouble pulled back from last week’s near four-week high against the dollar on Monday but held near..
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Plan to improve German rail transport may worsen congestion, industry warns
BERLIN (Reuters) – Germany is set to make rail transport for power plants and refineries a priority this week to ensure supply, ..
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Apple expands self-repair support to MacBooks
(Reuters) – Apple Inc said on Monday it would offer customers tools and know-how to repair and service their MacBook laptops at ..
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Prince William and Kate’s children to start new school near Windsor
LONDON (Reuters) – The three young children of Britain’s Prince William and his wife Kate are to start at a new school nex..
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Analysis: As drought risks rise, investors eye thirsty companies, solutions
By Cole Horton, Ross Kerber and Simon Jessop NEW YORK/LONDON (Reuters) – As droughts worsen across the world, investors are turn..
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Orban tightens hold over telco sector as Vodafone sells Hungarian unit
LONDON/BUDAPEST (Reuters) – Britain’s Vodafone will sell its Hungarian business for 715 billion forints ($1.8 billion) in ..
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TotalEnergies, Eni announce major Cyprus gas find
By Juliette Portala and Tassilo Hummel PARIS (Reuters) – TotalEnergies of France and Italy’s Eni on Monday announced a sig..
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Factbox-Big banks expected to rack up more than $1 billion in fines for WhatsApp use
By Angelique Chen (Reuters) – Banking giants such as JPMorgan Chase & Co and Bank of America collectively face more than $1 ..
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CHIMEI conducts transaction with partners on Bolero trade finance platform
London, UK – 15th August 2022 – Bolero International, the leading provider of cloud-based trade finance digitisation solutions and par..
News
EXCITING ‘FEEL GOOD FOOD’ FRANCHISE TO OPEN FIFTY NEW SITES ACROSS UK
Exciting Korean-inspired restaurant brand, Grounded Kitchen, is poised for success, as it announces a commitment to open fifty new sit..
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Building a business case: How startups can land their first enterprise client
John Downes, Managing Director at Scaling Partner By John Downes, Managing Director at Scaling Partner Winning you first b..
Business
AXIOLOGIK LAUNCHES NEW WEBSITE TO SUPPORT BUSINESS EVOLUTION AND REBRAND
The Leeds-based tech consultancy announced the rebrand following most successful year to date Axiologik, a Leeds-based digital transfo..
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Britain’s cost of living crisis sends sterling to lowest since mid-July
By Joice Alves LONDON (Reuters) – Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy cost..
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Factbox-What impact will strike at Britain’s busiest container port have?
LONDON (Reuters) – More than 1,900 workers at Britain’s biggest container port, Felixstowe, have begun eight days of strik..
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Gas crisis sends euro back below parity against dollar
By Dhara Ranasinghe and Joice Alves LONDON (Reuters) – The euro briefly fell back below parity against a robust dollar on Monday..
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