Incoming Starbucks boss to bring consumer insight to coffee culture
By Richa Naidu LONDON (Reuters) -Laxman Narasimhan may have no experience of running coffee shops, but the outgoing CEO of British pac..
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MIDLANDS’ OLDER GENERATION SPLURGE ON FINANCIAL GIFTS TO HELP LOVED ONES
Several in their golden years are not prepared for inheritance tax As the cost of living continues to rise, over-50s in the Midlands ..
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European shares end five-day losing streak, still down for the week
By Anisha Sircar and Shreyashi Sanyal (Reuters) – European stocks rose 2% on Friday, clocking gains for the first time in six da..
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British port workers plan two-week strike from Sept. 19
LONDON (Reuters) -More than 560 dockworkers at the Port of Liverpool, one of Britain’s largest container docks, will go on strik..
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G7 finance chiefs agree on Russian oil price cap but level not yet set
By David Lawder and Christian Kraemer (Reuters) -Group of Seven finance ministers agreed on Friday to impose a price cap on Russian oi..
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Stress test backs extending lifespan of two German nuclear plants: sources
By Markus Wacket BERLIN (Reuters) -A power grid stress test has shown that extending the lifespan of two of Germany’s nuclear po..
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Euro zone yields fall as US payrolls seen easing rate-hike pressure
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Euro zone government bond yields fell on Friday, falling in line with U.S. pee..
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Fed’s job-friendly ‘soft landing’ hinges on history not repeating
By Howard Schneider (Reuters) – Federal Reserve officials have acknowledged that the battle against inflation will be paid for w..
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Exclusive-Embattled Credit Suisse aims to launch China wealth business next year
By Anshuman Daga SINGAPORE (Reuters) – Credit Suisse, which has been buffeted by a string of scandals, management changes and gl..
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WhatsApp bans 2.4 million Indian accounts in July – monthly report
BENGALURU (Reuters) – WhatsApp banned 2.39 million Indian accounts in July, the highest so far this year, the Meta-owned popular..
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Starbucks taps head of Lysol maker Reckitt as its new CEO
NEW YORK (Reuters) -Starbucks Corp on Thursday named Laxman Narasimhan as its next chief executive officer, choosing an executive cred..
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Philips subsidiary to pay over $24 million for alleged false claims for medical equipment
By Kanishka Singh WASHINGTON (Reuters) -A subsidiary of Dutch medical device maker Philips has agreed to pay over $24 million to resol..
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Gorbachev died shocked and bewildered by Ukraine conflict – interpreter
By Andrew Osborn MOSCOW (Reuters) -Mikhail Gorbachev, the last Soviet leader, was shocked and bewildered by the Ukraine conflict in th..
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Sterling slides below $1.15 for first time since 2020
By Tom Wilson and Samuel Indyk LONDON (Reuters) -Sterling skidded against the dollar on Thursday to its lowest level since March 2020 ..
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How can Blockchain technology positively impact businesses?
By DJ Qian, CEO & Founder of Chainge Finance From time to time, the investment landscape is invariably ..
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EU regulator backs two Omicron-adapted COVID boosters
By Natalie Grover and Ludwig Burger (Reuters) -The European Union’s drug regulator on Thursday backed two separate COVID-19 vacc..
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High inflation is bad for UK productivity – BoE’s Mann
LONDON (Reuters) – Britain’s very high inflation risks distracting businesses from the longer-term decisions needed to boo..
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Euro zone economy faces growing risk of recession, survey shows
By Jonathan Cable LONDON (Reuters) – Manufacturing activity across the euro zone declined again last month as consumers feeling ..
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New U.S. rules on EV subsidies slam Hyundai, Kia’s dreams
By Heekyong Yang and Ben Klayman SEOUL/DETROIT (Reuters) -After grabbing the No. 2 spot in the U.S. electric vehicle market with styli..
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Kosovo pushes ahead with car licensing rule resisted by Serbs
JARINJE, Kosovo (Reuters) -Dozens of U.S. NATO peacekeepers patrolled northern Kosovo on Thursday to preserve calm after Pristina anno..
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First year of N.Ireland protocol required 1 million customs declarations
DUBLIN (Reuters) – Over 10,000 firms completed one million customs declarations to move goods from Britain into Northern Ireland..
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Tennis-Williams retirement on hold after win over world number two
By Steve Keating NEW YORK (Reuters) -Playing more like a world number one than a player ranked outside the top 600, Serena Williams tu..
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UK factories suffer worst month since May 2020 as economy stumbles – PMI
LONDON (Reuters) – British manufacturing output and new orders fell by the most in more than two years in August in the face of ..
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London stocks fall 1% on weak global growth outlook
By Johann M Cherian and Bansari Mayur Kamdar (Reuters) -UK’s FTSE 100 index fell sharply on Thursday as mining stocks dragged th..
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Australia’s property downturn puts home buyers in double mortgage bind
By Byron Kaye SYDNEY (Reuters) -Australia’s housing market downturn is squeezing many home sellers into a double bind: They̵..
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Boeing expects MAX 7 to be certified before MAX 10 – executive
NEW DELHI (Reuters) -Boeing Co expects the 737 MAX 7 will be certified by the end of the year and the larger MAX 10 in the first half ..
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After long drought, China plots ambitious water infrastructure push
By David Stanway SHANGHAI (Reuters) – After a record heatwave parched large areas of the Yangtze basin, Chinese provinces are pl..
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Volkswagen’s Mexico factory workers reject union pay deal
MEXICO CITY (Reuters) – Volkswagen workers at its main Mexico factory rejected a deal for a 9% pay hike, an official statement s..
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Standard Chartered rolls out digital bank in hot Singapore market
SINGAPORE (Reuters) – Standard Chartered and FairPrice Group on Thursday rolled out their digital bank focusing on SingaporeR..
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UK house prices speed up but slowdown coming, Nationwide says
LONDON (Reuters) – British house prices rose at a faster monthly pace in August than in July but the market is set to cool as su..
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Marketmind: Moment in the sun
A look at the day ahead in European and global markets from Tom Westbrook Summer may be finished, but the hot sun is helping energy pr..
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Amazon introduces seller storage service to tackle supply chain woes
(Reuters) – Amazon.com Inc introduced a new service on Wednesday to help its sellers store bulk inventory and ease distribution ..
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Exclusive-Naftogaz CEO prepared to step down if it would facilitate debt deal
By Andrea Shalal KYIV (Reuters) – The head of state-run Ukranian energy company Naftogaz is ready to step down if it would help ..
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Global body urges EU to make company life simpler by aligning climate reporting
By Huw Jones LONDON (Reuters) – The European Union should make extra time to align its policies with international rules on repo..
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Botswana awards Norway’s Scatec first large-scale solar plant contract
GABORONE (Reuters) – State-owned Botswana Power Corporation (BPC) has awarded Norwegian company Scatec ASA a contract to build a..
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French sugar makers to start output early as energy curbs loom
By Sybille de La Hamaide PARIS (Reuters) -France’s two largest sugar makers Tereos and Cristal Union will bring forward the star..
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Hackers hit Italian oil company Eni’s computer networks
(Reuters) -Italian oil company Eni’s computer networks were hacked in recent days but the consequences appear to be minor so far..
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