Analysis – Russian gas flow too low to fill Europe’s storage
By Nina Chestney LONDON (Reuters) – Russia’s cut in supplies through its main gas pipeline to Germany will leave countries..
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Gazprom gas cut tempers economic hopes after Ukraine grain deal
By Pavel Polityuk and Max Hunder KYIV (Reuters) – Russia dealt a new blow to European countries over their support for Ukraine o..
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Back to black? Germany’s coal power plan hits hurdles
By Markus Wacket and Matthias Inverardi BERLIN (Reuters) – High coal prices, supply bottlenecks and aged plants are posing a cha..
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Tunisia’s Saied holds referendum, critics fear for democracy
By Tarek Amara and Angus McDowall TUNIS (Reuters) -Tunisians voted on Monday on a new constitution which critics of President Kais Sai..
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Russia’s Gazprom tightens squeeze on gas flow to Europe
MOSCOW (Reuters) -Russia tightened its gas squeeze on Europe on Monday as Gazprom said supplies through the Nord Stream 1 pipeline to ..
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Analysis: Colgate, Tide maker P&G rejig price tactics to keep cash-strapped shoppers
By Jessica DiNapoli NEW YORK (Reuters) – The makers of everyday staples such as Colgate toothpaste and Charmin toilet paper are ..
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Volkswagen investors question plan for CEO to lead Porsche listing
By Victoria Waldersee and Ilona Wissenbach BERLIN/FRANKFURT (Reuters) -Volkswagen investors believe incoming CEO Oliver Blume will str..
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FCA financial penalties surge by 65%, according to annual report
LONDON, 20th July 2022 – The Financial Conduct Authority (FCA) imposed financial penalties totalling more than £313m in t..
Business
Satellite Vu and SSTL commission satellite clone to double climate data collection
Satellite Vu, the UK satellite firm set to become the world’s global thermometer from space, has commissioned a new clone of it..
News
Biden says he is ‘doing well,’ working after testing positive for COVID
By Trevor Hunnicutt, Steve Holland and Jeff Mason WASHINGTON (Reuters) -Joe Biden, the oldest person ever to serve as president of the..
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U.N. expects Ukraine-Russia grain deal to be implemented in a few weeks -officials
By Tuvan Gumrukcu ISTANBUL (Reuters) – The United Nations expects a deal to resume Ukrainian grain exports through the Black Sea..
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Analysis-Aviation nurses a nasty headache as travel recovers from COVID
By Tim Hepher and David Shepardson FARNBOROUGH, England (Reuters) – Aerospace has turned the page on an unprecedented pandemic d..
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Global equity funds see biggest weekly outflow in five weeks
(Reuters) – Global equity funds recorded their biggest weekly outflow in five weeks in the week to July 20, on investor caution ..
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Factbox-World leaders who contracted COVID-19
(Reuters) – Many world leaders and senior officials have contracted COVID-19 since the start of the pandemic more than two years..
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ECB hikes rates, throws lifeline to indebted countries
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank raised interest rates by more than expected on T..
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Biden tests positive for COVID, has mild symptoms, taking Paxlovid treatment
By Trevor Hunnicutt, Steve Holland and Jeff Mason WASHINGTON (Reuters) -Joe Biden, the oldest person ever to serve as president of the..
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ECB goes big with 50 basis-point hike, ending negative rates era
(Reuters) – The European Central Bank on Thursday delivered its first interest rate hike in over a decade, joining other major c..
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Stocks dip, euro volatile after ECB rate hike
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stock markets lost ground after four straight sessions of gains, whi..
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Wickremesinghe, a wily political survivor, elected Sri Lanka’s president
By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) -Ranil Wickremesinghe, a lawyer who served as Sri Lanka’s prime minis..
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Barclays sets up Taiwan subsidiary, to offer brokerage services
SINGAPORE (Reuters) – British bank Barclays Plc said on Wednesday it had received approval from Taiwanese authorities to set up ..
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European shares rise on easing energy supply worries; Draghi speech in focus
(Reuters) – European shares scaled near six-week highs on Wednesday as energy supply worries eased following a report that Russi..
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5ire raises USD 100 million in Series A Funding at valuation USD 1.5 billion, turns unicorn
5ire, has received funding from UK-based conglomerate SRAM & MRAM to become the fastest growing blockchain unicor..
Finance
JUNE 2022 INSOLVENCY STATISTICS – Ailing businesses urged to act now amid peaking liquidations
A leading restructuring expert is urging businesses struggling to meet financial repayments to seek help before the cash ..
Finance
Air pollution surges as heatwave sweeps across Europe
By Gloria Dickie LONDON (Reuters) – Air pollution is spiking across Britain, France, and southern Europe amid record-breaking te..
Headlines
Russia strikes cities across Ukraine, gas supplies in focus
By Tom Balmforth and Max Hunder KYIV (Reuters) -Russian forces kept up their bombardment of cities across Ukraine, with intense shelli..
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ECB weighs bigger rate hike with safety net for indebted countries
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -European Central Bank policymakers are considering raising interest rates ..
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Explainer-What is the ‘S’ in ESG investing?
By Cole Horton NEW YORK (Reuters) – The “S” in environmental, social and governance (ESG) investing moved into the s..
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How China became ground zero for the auto chip shortage
By Sarah Wu, Jane Lanhee Lee and Kevin Krolicki TAIPEI/SHANGHAI/SINGAPORE (Reuters) – From his small office in Singapore, Kelvin..
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Average annual UK food bill set to rise 454 pounds as inflation soars
Average annual UK food bill set to rise 454 pounds as inflation soars
By James Davey LONDON (Reuters) – UK grocery inflation hit 9.9% in the four weeks to July 10, adding 454 pounds ($543.7) to Britons’ annua..
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Britain on course for hottest day on record
By Kate Holton and Muvija M LONDON (Reuters) -Britain was on course for its hottest day on record on Monday with temperatures forecast..
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Building Operational Resiliency in Payments
Atul Verma, Senior Payments Architect, Icon Solutions By: Atul Verma, Senior Payments Architect, Icon Solutions Although ..
Finance
UK M&A Professionals Bullish on 2H22 Deal Activity, Datasite Survey Finds
Despite challenging market conditions, 71% predict M&A activity will increase Most plan to factor a 5-7% inf..
Business
Wetherspoon’s business model a double-edged sword
J D Wetherspoon has today announced a trading update: Like-for-like sales in the first 11 weeks of quarter 4 of the current fi..
Business
Kerv announces acquisition of TDS Global Communications Compliance Practice to accelerate cloud adoption in financial services and Tier 1 banking organisations
Kerv, the next-generation, customer-first cloud & digital transformation services provider, has today announced the acquisi..
Finance
Tradeteq launches marketplace for secondary trading of trade finance assets
London, 12 July 2022: Tradeteq, the technology provider for illiquid credit distribution, has launched Tradeteq Access Lite, th..
Finance
MTO GAS CHEMICAL COMPLEX TO BECOME THE HUB OF A NEW FREE ECONOMIC ZONE (KARAKUL) AND INDUSTRIAL CLUSTER IN THE BUKHARA REGION
Bukhara, Uzbekistan – July 13, 2022 – A Decree of the Cabinet of Ministers of Uzbekistan, No. 357 dated July 4, 202..
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Ukrainian Founded Preply Raises $50 million USD Series C
Ukrainian founders build thriving global online learning marketplace LONDON, 13 JULY 2022 Ukrainian-founded Preply reached a ..
Finance