Finnair to cut costs, reduce fleet to return profitable
(Corrects to read Wednesday (not Monday), paragraph 1) HELSINKI (Reuters) – Finnair will reduce its fleet, cut costs and seek to..
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UK housing market keeps momentum but slowdown ahead: Halifax
LONDON (Reuters) -British house prices rose in August although a torrid economic outlook spells trouble for the housing market in the ..
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EU, U.S. step up Russian aluminium, nickel imports since Ukraine war
By Eric Onstad LONDON (Reuters) -The European Union and United States have ramped up buying key industrial metals from Russia, data sh..
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Analysis-Europe’s banks dim lights as they brace for winter blackout
By Sinead Cruise and Iain Withers LONDON (Reuters) – Some of Europe’s biggest banks are preparing back-up generators and t..
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Business
How can blockchain influence businesses supply chains?
How can blockchain influence businesses supply chains?
By Sayan Debroy, supplier risk intelligence solution manager at The Smart Cube The popularity of blockchain has skyrocketed in recent years, wi..
Business
Russia’s largest lender Sberbank on track to profitability, says CEO
By Alexander Marrow VLADIVOSTOK, Russia (Reuters) -Russia’s top lender Sberbank is on track to profitability and expects positiv..
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Worst not over for EM currencies as U.S. dollar thunders on: Reuters poll
By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – Emerging market currencies will find it difficult to reclaim..
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China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft
By Mathieu Rosemain, Tassilo Hummel and Julie Zhu PARIS/HONG KONG (Reuters) -Tencent Holdings Ltd is raising its stake in Ubisoft Ente..
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Ireland to turn heat down in public buildings, shut empty office floors
DUBLIN (Reuters) – Ireland will turn the heating down in public buildings and ask public sector office employees to work on the ..
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Transport operator Go-Ahead flags cyber security breach
LONDON (Reuters) – British transport operator Go-Ahead said that it had detected “unauthorised activity” on its netw..
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Exclusive-Repsol agrees to sell Alberta oil assets to CPPIB backed-Teine Energy -sources
By Shariq Khan (Reuters) – Repsol SA has agreed to sell about 95,000 net acres (38,000 hectares) of oil and gas producing land i..
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Ferragamo sales beat forecasts in H1 despite slowdown in China
MILAN (Reuters) -Revenues at Italian luxury group Salvatore Ferragamo topped market forecasts in the first half of the year despite a ..
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Europe power firms need 1.5 trillion euros in margin calls, Equinor says
By Marwa Rashad LONDON (Reuters) -European energy companies need at least 1.5 trillion euros ($1.5 trillion) to cover the cost of thei..
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Factbox-Europe’s travel disruption set to continue as summer ends
(Reuters) – Strikes and staff shortages have forced airlines to cancel thousands of flights to avoid hours-long queues at major ..
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Britain’s Lloyds racks up $350 million of likely scam COVID loans
By Lawrence White and Iain Withers LONDON (Reuters) -Lloyds Banking Group has been hit by more than 300 million pounds ($348 million) ..
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Low-carbon bitcoin? Crypto miners’ green power talk angers Texas locals
By Avi Asher -Schapiro CORSICANA, Texas (Thomson Reuters Foundation) – As temperatures crept above 100 degrees Fahrenheit (37.8C..
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Factbox-Hurdles for Germany’s planned nuclear winter reserve
(Reuters) – Germany wants to keep two southern nuclear plants, Isar 2 and Neckarwestheim 2 open in reserve mode beyond their sch..
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Volkswagen’s Antlitz: no comment on valuation of Porsche listing
BERLIN (Reuters) – Volkswagen Chief Financial Officer Arno Antlitz would not comment on what the valuation of a Porsche listing ..
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Norsk Hydro keeps some aluminium capacity offline due to weaker demand
OSLO (Reuters) – Norwegian aluminium maker Norsk Hydro is keeping a small portion of its capacity in Norway offline after mainte..
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Binance to convert users’ USD Coin into its own stablecoin
By Shivani Tanna and Elizabeth Howcroft (Reuters) -Binance, the world’s largest crypto exchange, said on Monday it will automati..
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Siemens Energy to rejoin Germany’s blue-chip DAX, HelloFresh to exit
FRANKFURT (Reuters) – Germany’s Siemens Energy will rejoin the nation’s premier DAX stock index, while the meal-kit ..
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Ireland fines Instagram a record $400 million over children’s data
DUBLIN (Reuters) -Ireland’s data privacy regulator has agreed to levy a record fine of 405 million euros ($402 million) against ..
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UniCredit sets out $8 billion aid package for Italy clients hit by surging prices
By Valentina Za MILAN (Reuters) -Italy’s second-biggest bank, UniCredit, on Monday unveiled a set of measures worth up to 8 bill..
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Risk of UK balance of payments crisis under Truss is rising, Deutsche Bank warns
LONDON (Reuters) – The risk of a UK balance of payment crisis “should not be underestimated” under a Liz Truss gover..
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Germany heading for recession despite new relief plan – economists
BERLIN (Reuters) – Germany, Europe’s largest economy, is still on course for a recession even with a new government plan t..
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Saudi snitching app turns citizens into social media police
By Nazih Osseiran BEIRUT (Thomson Reuters Foundation) – A Saudi app that lets ordinary people “play the role of a police o..
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German new passenger car registrations up 3% in August – industry source
(Reuters) – German new passenger car registrations rose 3% in August to nearly 200,000 vehicles, an industry source said on Mond..
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Norway on track for record gas export, will be ready for winter -Gassco CEO
By Nora Buli STAVANGER, Norway (Reuters) – Norway’s gas export system is set to deliver record volumes of energy to Europe..
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Euro zone business activity contracted again in August -PMI
LONDON (Reuters) – Euro zone business activity contracted for a second month in August as demand sank, with customers wary of th..
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Yamal-Europe eastward gas flows resume as Nord Stream lays idle
(Reuters) -Eastbound natural gas flows via the Yamal-Europe pipeline to Poland from Germany resumed on Sunday, pipeline operator data ..
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TF1 to take action against Vivendi’s Canal+ over decision to stop airing its programmes
PARIS (Reuters) -French television group TF1 will take action against Vivendi’s pay TV unit Canal+ over a decision to no longer ..
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Myanmar junta chief makes another visit to Russia
(Reuters) – Myanmar’s junta leader was on a visit to Russia on Monday, his second trip there in less than two months, as M..
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Factbox-Government measures to ease inflation pain
(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine have c..
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Czech interest rates already at high level, central bank governor says
PRAGUE (Reuters) – Czech interest rates are already at a high level that is dampening domestic demand pressures, central bank Go..
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Evergrande winding-up lawsuit in Hong Kong adjourned to Nov 7
HONG KONG (Reuters) – Hong Kong’s High Court approved on Monday an application by China Evergrande Group and its major off..
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JPMorgan readies overseas retail expansion with German hiring spree
By Marta Orosz and Tom Sims FRANKFURT (Reuters) – JPMorgan plans to hire a team of retail bankers in Germany as the biggest U.S...
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Analysis-Nickel meltdown puts spotlight on LME’s search powers
By Pratima Desai LONDON (Reuters) – Stung by an epic crisis in nickel trading, the London Metal Exchange is ushering in new rule..
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