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..
Headlines
All Posts
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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 ..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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, ..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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 ..
Headlines
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..
Headlines
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..
Headlines
Rouble weakens towards 62 vs dollar, stocks up
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) R..
Headlines