Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports
By Elizabeth Howcroft LONDON (Reuters) -Tether, the world’s largest stablecoin, said on Thursday it had appointed accounting fir..
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Exclusive-China regulator launches new probe into banks’ property loan exposure – sources
By Engen Tham and Ziyi Tang SHANGHAI/BEIJING (Reuters) -China’s banking regulator is scrutinising property loan portfolios of so..
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Stocks gain, shrugging off latest policymaker inflation concerns
By Tommy Wilkes LONDON (Reuters) -European stocks reversed early losses on Thursday as investors remained bullish even after Federal R..
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Yangtze tributary runs dry as China faces another month of drought
By Thomas Suen and David Stanway CHONGQING/SHANGHAI (Reuters) -Residents living near a tributary of the Yangtze river in the southwest..
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Analysis-U.S. retail traders pile back into options as meme-stock mania flares
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Speculative options trading is on the rise again among individual investors alongside ..
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UK budget think tank warns future PM against big tax cuts
By David Milliken LONDON (Reuters) – Britain’s next prime minister will not have room to make large, permanent tax cuts, t..
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European shares up on energy boost, but inflation caps gains
By Anisha Sircar and Shreyashi Sanyal (Reuters) -European shares rose on Thursday with a boost from oil stocks, but lagged other major..
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India eases Russian oil buying in July, boosts Saudi imports -trade
By Nidhi Verma NEW DELHI (Reuters) – India’s crude oil imports from Russia in July fell for the first time since March alo..
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Russian Urals crude oil prices jump ahead of EU embargo
By Julia Payne LONDON (Reuters) – Russia’s key crude oil grade, Urals, has been trading at levels not seen in Europe since..
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China’s Tencent reports first revenue drop as gaming regulations and COVID-19 bite
By Josh Ye HONG KONG (Reuters) -China’s Tencent Holdings suffered its first ever quarterly sales fall on Wednesday, hurt by a go..
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Spot prices up on less solar, rising French demand
PARIS (Reuters) – European spot power contracts rose on Wednesday, as solar supply in Germany is expected to fall while demand i..
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Norway’s wealth fund loses record $174 billion in first half of 2022
By Victoria Klesty OSLO (Reuters) -Norway’s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillio..
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Analysis-China central bank, under pressure to ease, is hemmed-in by inflation, Fed jitters
By Kevin Yao BEIJING (Reuters) – China’s central bank is set to take more easing steps, pressured by a shaky economy that ..
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European bourses steady as focus remains on key economic data
By Anisha Sircar (Reuters) – European shares on Wednesday were little changed amid persisting recession fears, with investors ey..
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FTSE 100 subdued as UK inflation hits double digits
By Sruthi Shankar and Johann M Cherian (Reuters) -UK’s FTSE 100 was muted on Wednesday after data showed inflation hit double di..
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Cineworld plunges as lack of blockbusters adds to debt woes
By Pushkala Aripaka (Reuters) -Cineworld warned on Wednesday a lack of big-budget movies was hitting admissions and would likely persi..
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Exclusive-China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources
SHANGHAI (Reuters) -China’s EVE Energy Co Ltd will supply BMW with large cylindrical batteries for its electric cars in Europe, ..
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Norway’s wealth fund loses $174 billion in first half of 2022
By Victoria Klesty OSLO (Reuters) – Norway’s sovereign wealth fund, the world’s largest, made a loss of 1.68 trillio..
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Rohingya refugees in India’s capital to be given flats, security
By Krishna N. Das NEW DELHI (Reuters) -Rohingya refugees from Myanmar in India’s capital will be allotted apartments and provide..
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Analysis: Action wanes at U.N. to isolate Russia almost six months into Ukraine war
By Michelle Nichols and Emma Farge UNITED NATIONS/GENEVA (Reuters) – On a June night under the chandeliers of Russia’s Uni..
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London set for hosepipe ban from Aug. 24 – water company
LONDON (Reuters) – Thames Water, which serves customers in and around the British capital London, said on Wednesday it was banni..
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S.Korea calls for talks as N.Korea test fires missiles
By Hyonhee Shin and Soo-hyang Choi SEOUL (Reuters) – Talks with North Korea should not be for political show but contribute to e..
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NZ, Aussie dlrs have busy day, Fed minutes loom
By Alun John HONG KONG (Reuters) – The Australian and New Zealand dollars were volatile in Asia on Wednesday, before ending up b..
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Analysis-As earnings support U.S. stock rebound, worries over future profits grow
By Lewis Krauskopf NEW YORK (Reuters) – Stronger-than-expected corporate earnings have helped fuel the rebound for U.S. stocks b..
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Analysis-Oil prices turn more volatile as investors exit the market
By Stephanie Kelly and Noah Browning NEW YORK/LONDON (Reuters) – Traders and fund managers have left crude oil markets in recent..
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UK sees biggest rise in foreign workers since COVID-19 pandemic
By David Milliken LONDON (Reuters) – Britain recorded its biggest rise in foreign workers since the start of the COVID-19 pandem..
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European stocks rally for fifth day as defensives, miners climb
By Sruthi Shankar (Reuters) -European shares extended gains for a fifth straight session on Tuesday, buoyed by defensive sectors and m..
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Russia says ‘no need’ to use nuclear weapons in Ukraine
MOSCOW (Reuters) – Russia has “no need” to use nuclear weapons in Ukraine, its defence minister said on Tuesday, des..
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Analysis-Trapped cash mangles China’s policy plans
By Samuel Shen and Brenda Goh SHANGHAI (Reuters) – China’s surprise cut in key policy rates this week highlights a dilemma..
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Britain launches trade system for developing countries
LONDON (Reuters) – Britain has launched a scheme to extend tariff cuts to hundreds of products, such as clothes and food, from d..
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Sterling little changed after mixed labour market data
By Samuel Indyk LONDON (Reuters) – The British pound was little changed on Tuesday, having briefly fallen to its lowest level in..
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UK’s hot labour market cools and inflation eats pay
By William Schomberg and David Milliken LONDON (Reuters) -Britain’s super-hot labour market showed signs of cooling in official ..
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Bill Gates, South Korea expand global health partnership
By Joori Roh and Joyce Lee SEOUL (Reuters) – South Korea agreed on Tuesday to expand its global health partnership with the foun..
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BP solar joint venture expanding in Australia with two new projects
By Sonali Paul MELBOURNE (Reuters) – Solar developer Lightsource bp is set to reach financial close later this year on two new s..
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Rouble weakens towards 62 vs dollar, stocks up
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) R..
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Turkey says five more grain ships leave Ukrainian ports
ISTANBUL (Reuters) – Five more ships have left Ukrainian ports carrying corn and wheat, three from Chornomorsk and two from Pivd..
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Delivery Hero sees higher gross merchandise value in third quarter
(Reuters) -German online takeaway food company Delivery Hero on Tuesday forecast a 7% jump in its third-quarter gross merchandise valu..
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