Headlines

Hungary pledges legal changes to secure EU recovery funding – govt

Hungary pledges legal changes to secure EU recovery funding – govt

By Krisztina Than and Gabriela Baczynska BUDAPEST (Reuters) – Hungary will amend by the end of October several laws criticised b..

UK to manage water resources carefully as drought continues

UK to manage water resources carefully as drought continues

LONDON (Reuters) -Britain will need to continue to manage water resources carefully over the coming months following the driest summer..

EDF’s minority shareholders scramble to challenge nationalisation price

EDF’s minority shareholders scramble to challenge nationalisation price

By Julien Ponthus PARIS (Reuters) – Minority shareholders in EDF are accelerating their efforts to challenge the price set for t..

ECB must be prudent with rates hikes as recession risk rises: Panetta

ECB must be prudent with rates hikes as recession risk rises: Panetta

MILAN (Reuters) -The European Central Bank must exercise caution with further rate hikes as a looming recession could ease inflationar..

Record number of migrants arrive in Britain by boat on a single day

Record number of migrants arrive in Britain by boat on a single day

By Andrew MacAskill LONDON (Reuters) -The number of migrants arriving in Britain in small boats hit a record for a single day on Monda..

China battles forest fires as fears linger over harvest

China battles forest fires as fears linger over harvest

SHANGHAI (Reuters) -The southwestern Chinese regions of Chonqging and Sichuan were battling fires on Tuesday as they awaited a long-an..

Euro zone business activity contracted again in Aug, outlook bleak

Euro zone business activity contracted again in Aug, outlook bleak

By Jonathan Cable LONDON (Reuters) -Business activity across the euro zone contracted for a second straight month in August as the cos..

German investor Kuehne does not plan to further boost Lufthansa stake – FAZ

German investor Kuehne does not plan to further boost Lufthansa stake – FAZ

BERLIN (Reuters) – German logistics entrepreneur Klaus-Michael Kuehne is not planning to increase his stake in Lufthansa beyond ..

Apple plans to make iPhone 14 in India amid China woes – Bloomberg News

Apple plans to make iPhone 14 in India amid China woes – Bloomberg News

(Reuters) -Apple Inc plans to start manufacturing iPhone 14 in India as the U.S. tech giant seeks alternatives to China after Xi admin..

Japan weighs relaxing border rules on COVID -media

Japan weighs relaxing border rules on COVID -media

By Rocky Swift and Elaine Lies TOKYO (Reuters) – Japan may lift requirements for pre-departure COVID-19 tests for travellers and..

Germany’s Uniper to restart coal-fired power plant as Gazprom halts supply to Europe

Germany’s Uniper to restart coal-fired power plant as Gazprom halts supply to Europe

(Reuters) -German utility Uniper SE on Monday said it will start producing electricity for the market at its Heyden 4 hard-coal-fired ..

Ben & Jerry’s loses bid to halt sales in West Bank

Ben & Jerry’s loses bid to halt sales in West Bank

By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday rejected Ben & Jerry’s attempt to stop i..

McLaren to enter India market later this year

McLaren to enter India market later this year

(Reuters) – British sportscar maker McLaren said on Monday it was entering the Indian market, with its first retail outlet set t..

Rouble eases from near 4-week high vs dollar, firms vs euro

Rouble eases from near 4-week high vs dollar, firms vs euro

MOSCOW (Reuters) -The Russian rouble pulled back from last week’s near four-week high against the dollar on Monday but held near..

Plan to improve German rail transport may worsen congestion, industry warns

Plan to improve German rail transport may worsen congestion, industry warns

BERLIN (Reuters) – Germany is set to make rail transport for power plants and refineries a priority this week to ensure supply, ..

Apple expands self-repair support to MacBooks

Apple expands self-repair support to MacBooks

(Reuters) – Apple Inc said on Monday it would offer customers tools and know-how to repair and service their MacBook laptops at ..

Prince William and Kate’s children to start new school near Windsor

Prince William and Kate’s children to start new school near Windsor

LONDON (Reuters) – The three young children of Britain’s Prince William and his wife Kate are to start at a new school nex..

Analysis: As drought risks rise, investors eye thirsty companies, solutions

Analysis: As drought risks rise, investors eye thirsty companies, solutions

By Cole Horton, Ross Kerber and Simon Jessop NEW YORK/LONDON (Reuters) – As droughts worsen across the world, investors are turn..

Orban tightens hold over telco sector as Vodafone sells Hungarian unit

Orban tightens hold over telco sector as Vodafone sells Hungarian unit

LONDON/BUDAPEST (Reuters) – Britain’s Vodafone will sell its Hungarian business for 715 billion forints ($1.8 billion) in ..

TotalEnergies, Eni announce major Cyprus gas find

TotalEnergies, Eni announce major Cyprus gas find

By Juliette Portala and Tassilo Hummel PARIS (Reuters) – TotalEnergies of France and Italy’s Eni on Monday announced a sig..

Factbox-Big banks expected to rack up more than $1 billion in fines for WhatsApp use

Factbox-Big banks expected to rack up more than $1 billion in fines for WhatsApp use

By Angelique Chen (Reuters) – Banking giants such as JPMorgan Chase & Co and Bank of America collectively face more than $1 ..

Britain’s cost of living crisis sends sterling to lowest since mid-July

Britain’s cost of living crisis sends sterling to lowest since mid-July

By Joice Alves LONDON (Reuters) – Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy cost..

Factbox-What impact will strike at Britain’s busiest container port have?

Factbox-What impact will strike at Britain’s busiest container port have?

LONDON (Reuters) – More than 1,900 workers at Britain’s biggest container port, Felixstowe, have begun eight days of strik..

Gas crisis sends euro back below parity against dollar

Gas crisis sends euro back below parity against dollar

By Dhara Ranasinghe and Joice Alves LONDON (Reuters) – The euro briefly fell back below parity against a robust dollar on Monday..

Traders cut Ukraine 2022 combined grain and oilseeds crop forecast

Traders cut Ukraine 2022 combined grain and oilseeds crop forecast

KYIV (Reuters) -Grain traders union UGA on Monday cut Ukraine’s 2022 combined grain and oilseeds crop forecast to 64.5 million t..

UK economy shrank record 11% in 2020, worst since 1709

UK economy shrank record 11% in 2020, worst since 1709

LONDON (Reuters) – Britain recorded its biggest fall in output in more than 300 years in 2020 when it faced the brunt of the COV..

Shares slip, dollar dominates as recession looms

Shares slip, dollar dominates as recession looms

By Lawrence White LONDON (Reuters) – European shares slumped to month-long lows, oil prices fell and the dollar surged on Monday..

HSBC ups price targets on Greek banks, with Eurobank, Piraeus top picks

HSBC ups price targets on Greek banks, with Eurobank, Piraeus top picks

ATHENS (Reuters) – HSBC raised its price targets on shares of Greece’s four largest lenders after they posted strong perfo..

German recession increasingly likely, Bundesbank says

German recession increasingly likely, Bundesbank says

FRANKFURT (Reuters) – A recession in Germany, the euro zone’s biggest economy, is increasingly likely and inflation will c..

From chasing deals to turning off screens: Cineworld on the brink

From chasing deals to turning off screens: Cineworld on the brink

(Reuters) – Britain’s Cineworld said on Monday it was considering options including a possible bankruptcy filing in the Un..

UK inflation to hit 18% in early 2023, Citi forecasts

UK inflation to hit 18% in early 2023, Citi forecasts

By William Schomberg LONDON (Reuters) – British consumer price inflation is set to peak at 18% – nine times the Bank of En..

French retailer Carrefour to freeze prices on 100 products to tackle inflation

French retailer Carrefour to freeze prices on 100 products to tackle inflation

PARIS (Reuters) -French supermarket retailer Carrefour is freezing prices on 100 everyday products from tinned sardines to rice and wa..

Orban tightens hold over telco sector as Vodafone sells Hungarian unit

Orban tightens hold over telco sector as Vodafone sells Hungarian unit

Orban tightens hold over telco sector as Vodafone sells Hungarian unit LONDON/BUDAPEST (Reuters) – Britain’s Vodafone will..

China steps up easing, cuts lending benchmarks to revive faltering economy

China steps up easing, cuts lending benchmarks to revive faltering economy

By Winni Zhou and Brenda Goh SHANGHAI (Reuters) -China cut its benchmark lending rate and lowered the mortgage reference by a bigger m..

Analysis-Meagre medicine cabinet leaves Sanofi unloved

Analysis-Meagre medicine cabinet leaves Sanofi unloved

By Ludwig Burger FRANKFURT (Reuters) – Sanofi’s recent stock rout underscores the pressure on the French drug maker to red..

Asia shares slip, dollar strong as yuan weakens

Asia shares slip, dollar strong as yuan weakens

By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday and the dollar extended its climb amid angst over global growth ..

Australia’s Qantas apologises to customers for operational problems

Australia’s Qantas apologises to customers for operational problems

SYDNEY (Reuters) -Qantas Airways Ltd will offer A$50 ($34) vouchers, loyalty status extensions and lounge passes to frequent flyers to..