Italy slashes 2023 growth forecast but sees public finances improving
By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Mario Draghi’s outgoing Italian government on Wednesday slashed next ye..
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Amazon.com unveils device that tracks breath while sleeping
(Reuters) -Amazon.com Inc on Wednesday announced a contactless gadget that can monitor people’s sleep, along with updates to its..
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Explainer-Why is Bank of England acting again? What next in the UK crisis?
LONDON (Reuters) – Britain’s central bank resorted to buying bonds again on Wednesday in an emergency move to reduce the c..
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UK housing market may face perfect storm as mortgage rates rise, house prices drop
By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a likely slowdown in economic gr..
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Britain’s market rout stokes contagion fears around the globe
By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – The scale and speed of the sell-off in British ..
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Chile authorities scour mountains for missing British astronomer
By Natalia A. Ramos Miranda SANTIAGO (Reuters) – Chile authorities on Wednesday were scouring an arid mountainous region of the ..
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Apple falls on fears of slowing iPhone 14 demand
By Medha Singh and Nivedita Balu (Reuters) -Apple Inc shares fell more than 4% on Wednesday after a report that the tech giant was dit..
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Lilium aims to build 400 air taxis a year, seek grants
PARIS (Reuters) – German air taxi developer Lilium Air Mobility plans to set up industrial capacity to make some 400 of its elec..
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What is known so far about the Nord Stream gas pipeline leaks
By Nina Chestney LONDON (Reuters) – Three unexplained gas leaks detected in the Nord Stream 1 and 2 pipelines from Russia to Ger..
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Bank of England statement on purchase of long-dated bonds
LONDON (Reuters) – The Bank of England said on Wednesday it would start a temporary programme of bond purchases to stabilise the..
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Boohoo says exposure to sterling plunge is limited – finance chief
LONDON (Reuters) – British online fashion retailer Boohoo said on Wednesday its exposure to the recent plunge in the value of th..
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Lego posts strong growth on robust demand, new store openings
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego on Wednesday posted double-digit sales growth in the first half of the ye..
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Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets
By Lucy Raitano and Andres Gonzalez LONDON (Reuters) – Porsche’s landmark listing is defying market turmoil giving a welco..
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Inflation weighs on consumer morale in euro zone’s big three economies
BERLIN (Reuters) -Consumer morale was down across the euro zone’s three largest economies as high inflation shows no sign of rel..
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Drinks group Pernod hires former Kering executive Oudinot for new unit
PARIS (Reuters) – French drinks group Pernod said it had hired Nicolas Oudinot, a former leading executive at luxury goods fashi..
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Stocks hit two-year lows, sterling comes under fire
By Wayne Cole and Amanda Cooper LONDON/SYDNEY (Reuters) – World shares sank to two-year lows on Wednesday, hammered by spirallin..
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Apple drops plan to boost iPhone production as demand falters-Bloomberg
(Reuters) -Apple Inc is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed..
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White House’s Deese, asked about UK economic plans, stresses ‘fiscal prudence’
By Andrea Shalal WASHINGTON (Reuters) -White House economic adviser Brian Deese said on Tuesday he was not surprised by the negative r..
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Meta says it removes China-based propaganda operation targeting U.S. midterms
By Katie Paul (Reuters) -Meta Platforms said on Tuesday it disrupted the first known China-based influence operation focused on target..
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British health officials warn of difficult winter with flu and COVID
LONDON (Reuters) – British health officials on Wednesday warned that increased circulation of flu and a resurgence in COVID-19 c..
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U.S. VP Harris to push against China’s Taiwan policy in Japan speech
By Trevor Hunnicutt TOKYO (Reuters) – U.S. Vice President Kamala Harris is expected to take aim at China’s actions toward ..
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Jaguar Land Rover sets out to train workers, dealers for EV world
By Nick Carey LONDON (Reuters) – Luxury British carmaker Jaguar Land Rover said on Wednesday it would retrain 29,000 employees a..
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Factbox-Companies cut jobs, freeze hiring to prepare for economic slowdown
(Reuters) – Technology companies, crypto exchanges and financial firms are cutting jobs and slowing hiring as global economic gr..
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EU draft rules to make it easier to sue drone makers, AI systems
By Foo Yun Chee BRUSSELS (Reuters) – Individuals and companies that suffer harm from drones, robots and other products or servic..
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New coins, banknotes, stamps and cypher for Britain’s King Charles
LONDON (Reuters) – Britain will gradually see coins, banknotes and stamps bearing the image of King Charles, while the new monar..
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Why Creating Culture Of Belonging Is Vital As Third Of Firms Report Skills And Recruitment Crisis
Gamified training firm Attensi launches new whitepaper, Belonging: Attract, train and retain an inspired workforce ready for the futur..
Business
Mickey, a commodities technology startup, joins forces with MaterialsXchange to create industry’s leading exchange for lumber
Partnership to amplify and accelerate Mickey’s growth and further diversify its business Mickey, a technology startup that brings t..
Business
Ireland dips into budget surplus to ease cost of living squeeze
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) -Ireland dipped into one of Europe’s few budget surpluses to fund higher-..
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BP, Chevron cut offshore oil production ahead of Hurricane Ian
By Sabrina Valle and Arathy Somasekhar HOUSTON (Reuters) -BP Plc and Chevron Corp on Monday said they have shut-in production at offsh..
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New cypher for Britain’s King Charles unveiled
LONDON (Reuters) – The new cypher for Britain’s King Charles – the sovereign’s monogram that will appear on go..
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Czech government slightly raises 2023 deficit target to $11.5 billion
PRAGUE (Reuters) – The Czech government approved the 2023 central state budget draft with a deficit of 295 billion crowns ($11.5..
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Swiss National Bank’s Maechler determined to bring down inflation
ZURICH (Reuters) -The Swiss National Bank will do “everything” to reduce inflation, governing board member Andrea Maechler..
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Siemens automates design process for testing new chips with advanced packaging
(Reuters) – Siemens Digital Industries Software, a unit of Siemens AG, on Monday said it launched new software called Tessent Mu..
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UK may fine TikTok $29 million for failing to protect children’s privacy
(Reuters) – Britain could fine TikTok 27 million pounds ($28.91 million) following an investigation that found the short-form vi..
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Depositions of Musk, Twitter’s Agrawal have been postponed -sources
WILMINGTON, Del. (Reuters) – Monday’s depositions of Elon Musk and Twitter Inc’s Chief Executive Officer Parag Agraw..
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UK PM Truss thanks Saudi Crown Prince for role in release of British detainees
LONDON (Reuters) – Prime Minister Liz Truss has thanked Saudi Arabia’s Crown Prince Mohammed bin Salman for his “personal ..
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Factbox-The challenges automakers, and now Tesla, face with humanoid robots
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s CEO Elon Musk is set to unveil its prototype humanoid robots at an event ..
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