Germany to lower sales tax on gas to 7% in bid to relieve consumers
BERLIN (Reuters) – Germany will lower the sales tax on gas to 7% in an effort to cushion the blow of additional charges being pl..
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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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Soccer-European revenues rise 10% in 2020-21 despite COVID
LONDON (Reuters) – European soccer revenues grew by 10% in the 2020-21 season despite most an almost total lack of fans in stadi..
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Australia’s top court finds Google not liable for defamation
SYDNEY (Reuters) – Australia’s highest court overturned on Wednesday a ruling that had found Google engaged in defamation ..
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Q2/2022 Threat Report: Ransomware on the Rise
Avast researchers discover new zero-day exploits, and changes in attack vectors since Microsoft Office macros have been blocked..
Technology
U.S., European banks could lose over $5 billion from risky buyout loans
By Saeed Azhar, Anirban Sen and Davide Barbuscia NEW YORK (Reuters) -Top U.S. and European banks are facing tougher times in the riski..
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Inability to Fully Utilize Digital Tools Cost Enterprises Nearly $100 Million Last Year, WalkMe Research Finds
67% of enterprises are under ‘incredible pressure’ to accelerate digital transformation, but 60% say change management program..
Technology
New Tiny Hearing Aids Launch with Superior Sound and Customised Fit
Thursday 11 August 2022 Oticon introduces the world’s first on-board Deep Neural Network in an in-the-ear hearing aid. The new ..
News
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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Hitting a new high in digital innovation
Award-winning digital agency Mr.Highline shows it’s top of its game with proven client success July 2022/…The secret to Mr.Hig..
Technology
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..
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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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Abris-backed GreenGroup buys UAB Ecso
Central European circular economy leader GreenGroup enters the polyolefin recycling market with Lithuanian investment August 2022, Vil..
News
Feeling the pinch? Amid mobile operator price increases, here’s how to avoid the hike
The rising cost of living is difficult to avoid. April 2022 saw food prices increase by 6.7 per cent, the highest petrol prices on rec..
Finance
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
Capita joins forces with social impact firm WithYouWithMe to help military veterans fill UK’s chronic digital skills gap
By Military veteran Tom Moore , founder and CEO of WithYouWithMe 9th August, LONDON: Capita plc (‘Capita’) is pleased to a..
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The cost of trading crisis: ShelfNow shares how SMEs can operate more efficiently
August 2022: The latest economic forecasts predict stagnated growth across the UK economy next year and a recent survey has found that..
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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