UK’s National Grid launches 50 million pound energy support fund
By Nina Chestney LONDON (Reuters) – Britain’s National Grid said on Tuesday it has launched a 50 million pound ($58 millio..
Headlines
All Posts
BP sees $2.5 billion UK tax bill this year including windfall levy
LONDON (Reuters) – BP expects to pay around $2.5 billion in taxes for its British North Sea business this year, including $800 m..
Headlines
Dutch chemicals group DSM cuts profit target as costs soar
By Tristan Chabba (Reuters) -Dutch specialty chemicals maker DSM on Tuesday lowered its 2022 outlook after it saw energy and raw mater..
Headlines
Musk’s lenders prepare to hold $12.7 billion Twitter debt on books until early 2023 – FT
(Reuters) – Banks that lent $12.7 billion to Elon Musk for his $44 billion Twitter takeover will hold the debt until early next ..
Headlines
Toyota cuts output target amid chip crunch as profit tumbles 25%
TOKYO (Reuters) -Toyota Motor Corp on Tuesday posted a worse-than-expected 25% drop in quarterly profit and cut its annual output targ..
Headlines
Oil prices rise as weaker dollar offsets China COVID-19 concerns
By Isabel Kua SINGAPORE (Reuters) – Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar..
Headlines
UK government under pressure over conditions at migrant centre
By Kylie MacLellan LONDON (Reuters) – The British government came under increasing pressure on Monday to tackle deteriorating co..
Headlines
Instagram fixes bug that triggered hours-long outage
(Reuters) -Instagram said on Monday it had fixed a software bug that prevented thousands of users from accessing the photo-sharing pla..
Headlines
Stocks fall, bond yields rise as focus shifts to Fed, rate outlook
By Caroline Valetkevitch NEW YORK (Reuters) – A global stock index fell and U.S. Treasury yields edged up on Monday as investors..
Headlines
Monte dei Paschi’s cash call 93% covered so far despite low shareholder take-up
By Valentina Za MILAN (Reuters) -Italy’s Monte dei Paschi di Siena said its up to 2.5 billion euro ($2.5 billion) capital increa..
Finance
Factbox-Governments act to ease inflation pain
(Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have ..
Finance
Tickitto partners with Careem to give customers easy access to global events via its Super App
London, UK – 31st October 2022, 7AM: Tickitto, has announced its partnership with the UAE’s leading multi-service app, Careem, to crea..
Headlines
4 Industries Where Mesh Networks Are Improving Processes and Connectivity
By Todd Rigby, Sales Director for Rajant Corporation There’s a lot of talk about the ingenuity of 5G and how this type of ..
Technology
Bank of England poised to raise rates by most in 33 years
By William Schomberg LONDON (Reuters) – The Bank of England looks set to raise borrowing costs by the most since 1989 next week ..
Finance
Baillie Gifford funds bought more shares of China’s Pinduoduo, NIO in Q3
By Summer Zhen HONG KONG (Reuters) – Baillie Gifford, one of the largest asset managers in Europe and a China bull in recent yea..
Headlines
U.S. climate envoy Kerry: King Charles at COP27 would be ‘very powerful’
LONDON (Reuters) – It would be “very powerful” if King Charles attended the COP27 climate summit in Egypt, U.S. spec..
Headlines
French asset manager Amundi posts Q3 outflows of $13 billion
By Carolyn Cohn LONDON (Reuters) -Amundi posted net outflows of 12.9 billion euros ($12.86 billion) in the third quarter, the French a..
Headlines
Swedish Match continues to see strong smoke-free sales growth
(Reuters) -Nicotine and tobacco products group Swedish Match on Friday reported third-quarter operating profit in line with forecasts ..
Headlines
Porsche posts 40% jump in nine-month operating profit
BERLIN (Reuters) -Porsche reported a 40.6% leap in operating profit to more than 5 billion euros ($4.99 billion) on revenue up 15.7% i..
Headlines
Analysis-European retailers are on investors’ naughty lists this Christmas
By Joice Alves LONDON (Reuters) – The Christmas shopping period is unlikely to bring relief to European retailers that sell anyt..
Headlines
Lights maker Signify cuts annual outlook on lower consumer demand, China woes
(Reuters) -Signify, the world’s biggest maker of lights, cut its full-year profit margin and sales guidance on Friday, hit by lo..
Headlines
Equinor posts record profit boosted by soaring gas
By Nerijus Adomaitis and Nora Buli OSLO (Reuters) – Equinor on Friday posted forecast-beating record profits for the third quart..
Headlines
South Korea has not supplied lethal weapons to Ukraine, president says
SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Friday Seoul has not provided any lethal weapons to Ukraine, afte..
Headlines
Universal Music Q3 earnings beat expectations, streaming growth slows
AMSTERDAM (Reuters) -Universal Music Group NV (UMG), the largest record label, on Thursday reported better than expected third-quarter..
Headlines
Food group Danone raises 2022 outlook as third-quarter sales beat expectations
By Dominique Vidalon PARIS (Reuters) – French food group Danone on Thursday raised its 2022 revenue growth forecast after its th..
Headlines
French unions unanimously sign wage agreement with EDF, company says
PARIS (Reuters) – France’s EDF has formally signed a wage agreement for its workers in the country with all unions present..
Headlines
ECB raises interest rates again, cuts bank subsidies
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank raised interest rates again on Thursday a..
Headlines
Unilever downbeat on Europe, China consumer sentiment
By Richa Naidu LONDON (Reuters) -Unilever Plc on Thursday gave a dire assessment of consumer sentiment in Europe and China, two of its..
Headlines
Capgemini ‘comfortable’ with top end 2022 targets but sees demand slowing
By Dagmarah Mackos (Reuters) -French IT consulting group Capgemini sees demand slowing in 2023 but expects results at the top end of g..
Headlines
Oil rises on strong crude demand, despite China fears
By Alex Lawler LONDON (Reuters) -Oil rose on Thursday, extending a rally of nearly 3% in the previous session, as optimism over record..
Headlines
Britain’s car output drops 6% as supply woes persist
(Reuters) – British car production dropped 6% in September, an industry body said on Thursday, as the sector continues to bear t..
Headlines
Hotel group Accor continues post-COVID recovery after a ‘gorgeous’ summer
By Diana Mandia and Dina Kartit (Reuters) – Europe’s biggest hotel group Accor reported higher than expected third-quarter..
Headlines
Macron, Scholz plaster over differences with smiles and a handshake
By Michel Rose PARIS (Reuters) – French President Emmanuel Macron and German Chancellor Olaf Scholz met in Paris with smiles and..
Headlines
Italy’s windfall tax on energy companies needs to be rewritten – PM
ROME (Reuters) – Italy needs to rewrite its windfall tax on energy companies that have benefited from surging oil and gas prices..
Headlines
Heathrow Airport says return to pre-pandemic demand years away
LONDON (Reuters) -Britain’s biggest airport Heathrow reported a nine-month loss of 442 million pounds ($507 million) and warned ..
Headlines
Twitter shares cruise towards Musk’s offer price as deal deadline looms
By Medha Singh (Reuters) – Twitter Inc’s stock inched closer to Elon Musk’s $54.20 per share buyout offer for the mi..
Headlines
France’s Dassault Systemes shares slump on reduced licence target
By Karol Badohal GDANSK (Reuters) -French software maker Dassault Systemes’ shares dropped more than 5% on Wednesday, erasing Tu..
Headlines