Oil rises on prospect of OPEC+ supply cut
By Alex Lawler LONDON (Reuters) -Oil rose more than 1% on Monday, extending last week’s gain, as potential OPEC+ output cuts and..
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Floods, other water-related disasters could cost global economy $5.6 trillion by 2050 -report
By Gloria Dickie LONDON (Reuters) – Worsening droughts, storms and torrential rain in some of the world’s largest economie..
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ECB should raise rates at steady pace, chief economist says
FRANKFURT (Reuters) -The European Central Bank should raise interest rates at a “steady pace” until the end of its hiking ..
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EU may agree tightening visas for Russians, discuss training of Ukraine troops
By Jan Lopatka and Sabine Siebold PRAGUE (Reuters) -European Union foreign ministers, meeting in Prague on Tuesday and Wednesday, may ..
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Russian rouble firms towards 60 vs dollar, stocks up
MOSCOW (Reuters) -The rouble firmed towards 60 against the dollar on Monday, supported by the last month-end tax payments that boost d..
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Ericsson, Nokia to wind down Russian operations by year end
By Supantha Mukherjee and Alexander Marrow STOCKHOLM/MOSCOW (Reuters) -Ericsson said on Monday it will gradually wind down business ac..
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Moscow Exchange hopes for first ‘replacement bond’ issues in September
By Alexander Marrow MOSCOW (Reuters) -Moscow Exchange, Russia’s largest bourse, said the first issues of so-called “replac..
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Pain of breaking inflation will reverberate around the globe
By Balazs Koranyi and Howard Schneider JACKSON HOLE, Wyo. (Reuters) -The message from the world’s top finance chiefs is loud and..
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Hungary seeks increased gas supplies from Gazprom -foreign minister
BUDAPEST (Reuters) – Hungary will continue talks with Russia on additional gas supplies and expects to reach a deal with Gazprom..
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Oil trio’s Northern Lights in Yara CO2 emissions storage deal
By Nerijus Adomaitis and Nora Buli STAVANGER, Norway (Reuters) -Norwegian carbon dioxide (CO2) storage company Northern Lights and its..
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Swiss watchmakers remain upbeat ahead of Geneva gathering
By Silke Koltrowitz ZURICH (Reuters) – Swiss watchmakers are not seeing signs so far that geopolitical tensions and recession fe..
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Sony to buy mobile game developer in push beyond consoles
By Sam Nussey TOKYO (Reuters) – Sony Group Corp on Monday said it will acquire Helsinki and Berlin-based mobile games business S..
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Finnair partners with Qatar Airways in search of new routes
(Reuters) – Finnair will establish a strategic partnership with Qatar Airways to open up new routes from Nordic capitals ..
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IKEA stores owner buys 49% stake in Swedish wind power projects
STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in t..
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Oil rises on prospect of OPEC supply cut, demand growth
By Sonali Paul and Mohi Narayan (Reuters) -Oil prices rose 1% on Monday, as expectations that OPEC would cut output if needed to suppo..
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NASA’s next-generation megarocket set for debut test launch to moon
By Joey Roulette and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) – NASA’s colossal next-generation rocketship was set for ..
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Johnny Depp makes surprise appearance at MTV’s Video Music Awards
By Lisa Richwine (Reuters) – Actor Johnny Depp, who is trying to rebuild his career after an ugly defamation fight with his ex-w..
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China July industrial profits down as COVID curbs, heatwaves hit
SHANGHAI (Reuters) -Profits at China’s industrial firms sank in July, reversing previous gains as fresh COVID-19 curbs dragged d..
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Settling the score – how fintechs can settle fraud disputes between banks
By Fatemeh Nikayin, Co-Founder of Rivero Following the 2008 financial crisis, fintechs stepped in to provide the banking industry with..
Finance
Analysis-Forget showering, it’s eat or heat for shocked Europeans hit by energy crisis
By Bozorgmehr Sharafedin and Canan Sevgili LONDON (Reuters) – No more ironing, limited oven use and showering at work – Eu..
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Investors eye lower Wall Street on Powell nerves
By Carolyn Cohn LONDON (Reuters) – U.S. stock futures were indicating a lower open on Wall Street on Friday while world stocks w..
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Prince Harry hopes Diana death anniversary will be ‘filled with memories’
LONDON (Reuters) – Britain’s Prince Harry said he wished his children could have met his mother Princess Diana and hoped t..
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Dollar dips ahead of Powell speech
By Iain Withers LONDON (Reuters) – The dollar dipped against other major currencies on Friday, ahead of U.S. Federal Reserve Cha..
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Hungary cenbank seen hiking 100 bps to 11.75% next week as inflation surges
By Krisztina Than BUDAPEST (Reuters) – Hungary’s central bank is expected to raise its base interest rate by 100 basis poi..
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Funds from electricity levy could help German households, says renewables association
BERLIN – A multi-billion-euro account fed by a now-suspended surcharge on electricity prices could be used to provide German hou..
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Global equity funds see large outflows on slowdown worries
(Reuters) – Global equity funds witnessed their biggest weekly capital withdrawals in five weeks in the week to Aug. 24 on conce..
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Heavy Norwegian gas maintenance adds to energy price pressure
By Nora Buli OSLO (Reuters) – Norway, which has overtaken Russia as the biggest gas supplier to Europe in the wake of the war in..
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European stocks slip on dour German sentiment survey ahead of Powell speech
By Anisha Sircar (Reuters) -European shares slipped on Friday as investors fretted over downbeat German consumer sentiment data due to..
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Thousands of British postal workers walk out over pay
LONDON (Reuters) – More than 115,000 workers at Britain’s Royal Mail began the first of four days of strike action on Frid..
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Factbox-How far are UK energy bills set to rise and what help are consumers getting?
LONDON (Reuters) – Britain’s energy regulator Ofgem said on Friday the cap on domestic energy prices would rise to 3,549 p..
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FTSE 100 extends gains, Micro Focus soars on buyout deal
By Johann M Cherian and Sruthi Shankar (Reuters) -UK’s blue-chip index rose for a second straight day on Friday on gains in comm..
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Russian rouble opens flat, sticks to 60-mark against U.S. dollar
(Reuters) – The Russian rouble opened flat in trading on Friday as month-end tax payments by exporters helped keep the currency ..
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Chase to support For One Night Only in collaboration with Wellstock to raise money for Shout
A new fundraising initiative from For One Night Only and sponsored by Chase, M&S and ASOS will raise money for mental heal..
Business
Highline Secures $13 Million in Series A Funding To Extend Credit Access For Borrowers and Reduce Risk For Lenders
Highline Technologies, the payments fintech that unlocks payroll-linked lending and billpay, announced today that it has succes..
Finance
Gender diversity in fintech: Making a difference from the inside out
Rosie McConnell, Head of Product at IFX Payments The Fintech industry is often admired for its unmatched level of growth. Finte..
Business
Sentiment among German exporters falls for third month in a row -Ifo
BERLIN (Reuters) – Sentiment among German exporters fell for the third month in a row in August as high gas prices and a weak gl..
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New UK PM will need to take urgent action on energy bills – Ofgem CEO
LONDON (Reuters) – Britain’s new prime minister will need to act urgently to address the issue of soaring energy prices, t..
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