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Italy slashes 2023 growth forecast but sees public finances improving

Italy slashes 2023 growth forecast but sees public finances improving

By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Mario Draghi’s outgoing Italian government on Wednesday slashed next ye..

Amazon.com unveils device that tracks breath while sleeping

Amazon.com unveils device that tracks breath while sleeping

(Reuters) -Amazon.com Inc on Wednesday announced a contactless gadget that can monitor people’s sleep, along with updates to its..

Explainer-Why is Bank of England acting again? What next in the UK crisis?

Explainer-Why is Bank of England acting again? What next in the UK crisis?

LONDON (Reuters) – Britain’s central bank resorted to buying bonds again on Wednesday in an emergency move to reduce the c..

UK housing market may face perfect storm as mortgage rates rise, house prices drop

UK housing market may face perfect storm as mortgage rates rise, house prices drop

By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a likely slowdown in economic gr..

Britain’s market rout stokes contagion fears around the globe

Britain’s market rout stokes contagion fears around the globe

By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – The scale and speed of the sell-off in British ..

Chile authorities scour mountains for missing British astronomer

Chile authorities scour mountains for missing British astronomer

By Natalia A. Ramos Miranda SANTIAGO (Reuters) – Chile authorities on Wednesday were scouring an arid mountainous region of the ..

Apple falls on fears of slowing iPhone 14 demand

Apple falls on fears of slowing iPhone 14 demand

By Medha Singh and Nivedita Balu (Reuters) -Apple Inc shares fell more than 4% on Wednesday after a report that the tech giant was dit..

Lilium aims to build 400 air taxis a year, seek grants

Lilium aims to build 400 air taxis a year, seek grants

PARIS (Reuters) – German air taxi developer Lilium Air Mobility plans to set up industrial capacity to make some 400 of its elec..

What is known so far about the Nord Stream gas pipeline leaks

What is known so far about the Nord Stream gas pipeline leaks

By Nina Chestney LONDON (Reuters) – Three unexplained gas leaks detected in the Nord Stream 1 and 2 pipelines from Russia to Ger..

Bank of England statement on purchase of long-dated bonds

Bank of England statement on purchase of long-dated bonds

LONDON (Reuters) – The Bank of England said on Wednesday it would start a temporary programme of bond purchases to stabilise the..

2022 IT Pro Day survey examines state of the tech job market amid labour shortages and hiring challenges

2022 IT Pro Day survey examines state of the tech job market amid labour shortages and hiring challenges

  SolarWinds survey: Two-thirds of IT pros say they’re confident in their tech career despite a potential economic slowdown, but ..

31% of UK and European Female Directors hold Board Seats But, Diligent Research Reveals Massive Gaps Remain

31% of UK and European Female Directors hold Board Seats But, Diligent Research Reveals Massive Gaps Remain

  The U.K leads as the only country in Europe requiring listed companies to include at least one director from an underrepresente..

Boohoo says exposure to sterling plunge is limited – finance chief

Boohoo says exposure to sterling plunge is limited – finance chief

LONDON (Reuters) – British online fashion retailer Boohoo said on Wednesday its exposure to the recent plunge in the value of th..

Lego posts strong growth on robust demand, new store openings

Lego posts strong growth on robust demand, new store openings

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego on Wednesday posted double-digit sales growth in the first half of the ye..

Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets

Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets

By Lucy Raitano and Andres Gonzalez LONDON (Reuters) – Porsche’s landmark listing is defying market turmoil giving a welco..

Inflation weighs on consumer morale in euro zone’s big three economies

Inflation weighs on consumer morale in euro zone’s big three economies

BERLIN (Reuters) -Consumer morale was down across the euro zone’s three largest economies as high inflation shows no sign of rel..

Drinks group Pernod hires former Kering executive Oudinot for new unit

Drinks group Pernod hires former Kering executive Oudinot for new unit

PARIS (Reuters) – French drinks group Pernod said it had hired Nicolas Oudinot, a former leading executive at luxury goods fashi..

Stocks hit two-year lows, sterling comes under fire

Stocks hit two-year lows, sterling comes under fire

By Wayne Cole and Amanda Cooper LONDON/SYDNEY (Reuters) – World shares sank to two-year lows on Wednesday, hammered by spirallin..

White House’s Deese, asked about UK economic plans, stresses ‘fiscal prudence’

White House’s Deese, asked about UK economic plans, stresses ‘fiscal prudence’

By Andrea Shalal WASHINGTON (Reuters) -White House economic adviser Brian Deese said on Tuesday he was not surprised by the negative r..

Meta says it removes China-based propaganda operation targeting U.S. midterms

Meta says it removes China-based propaganda operation targeting U.S. midterms

By Katie Paul (Reuters) -Meta Platforms said on Tuesday it disrupted the first known China-based influence operation focused on target..

British health officials warn of difficult winter with flu and COVID

British health officials warn of difficult winter with flu and COVID

LONDON (Reuters) – British health officials on Wednesday warned that increased circulation of flu and a resurgence in COVID-19 c..

U.S. VP Harris to push against China’s Taiwan policy in Japan speech

U.S. VP Harris to push against China’s Taiwan policy in Japan speech

By Trevor Hunnicutt TOKYO (Reuters) – U.S. Vice President Kamala Harris is expected to take aim at China’s actions toward ..

Jaguar Land Rover sets out to train workers, dealers for EV world

Jaguar Land Rover sets out to train workers, dealers for EV world

By Nick Carey LONDON (Reuters) – Luxury British carmaker Jaguar Land Rover said on Wednesday it would retrain 29,000 employees a..

Factbox-Companies cut jobs, freeze hiring to prepare for economic slowdown

Factbox-Companies cut jobs, freeze hiring to prepare for economic slowdown

(Reuters) – Technology companies, crypto exchanges and financial firms are cutting jobs and slowing hiring as global economic gr..

EU draft rules to make it easier to sue drone makers, AI systems

EU draft rules to make it easier to sue drone makers, AI systems

By Foo Yun Chee BRUSSELS (Reuters) – Individuals and companies that suffer harm from drones, robots and other products or servic..

New coins, banknotes, stamps and cypher for Britain’s King Charles

New coins, banknotes, stamps and cypher for Britain’s King Charles

LONDON (Reuters) – Britain will gradually see coins, banknotes and stamps bearing the image of King Charles, while the new monar..

Why Creating Culture Of Belonging Is Vital As Third Of Firms Report Skills And Recruitment Crisis

Why Creating Culture Of Belonging Is Vital As Third Of Firms Report Skills And Recruitment Crisis

Gamified training firm Attensi launches new whitepaper, Belonging: Attract, train and retain an inspired workforce ready for the futur..

Shield-IoT and Datora Telecom Partner to Secure Millions of IoT Devices in Brazil

Shield-IoT and Datora Telecom Partner to Secure Millions of IoT Devices in Brazil

New IoT security service protects cellular connected devices from cyber criminals and nation-state threats, “With Shield-IoT, we are a..

Ireland dips into budget surplus to ease cost of living squeeze

Ireland dips into budget surplus to ease cost of living squeeze

By Padraic Halpin and Conor Humphries DUBLIN (Reuters) -Ireland dipped into one of Europe’s few budget surpluses to fund higher-..

Czech government slightly raises 2023 deficit target to $11.5 billion

Czech government slightly raises 2023 deficit target to $11.5 billion

PRAGUE (Reuters) – The Czech government approved the 2023 central state budget draft with a deficit of 295 billion crowns ($11.5..

Swiss National Bank’s Maechler determined to bring down inflation

Swiss National Bank’s Maechler determined to bring down inflation

ZURICH (Reuters) -The Swiss National Bank will do “everything” to reduce inflation, governing board member Andrea Maechler..

Siemens automates design process for testing new chips with advanced packaging

Siemens automates design process for testing new chips with advanced packaging

(Reuters) – Siemens Digital Industries Software, a unit of Siemens AG, on Monday said it launched new software called Tessent Mu..

UK may fine TikTok $29 million for failing to protect children’s privacy

UK may fine TikTok $29 million for failing to protect children’s privacy

(Reuters) – Britain could fine TikTok 27 million pounds ($28.91 million) following an investigation that found the short-form vi..

Depositions of Musk, Twitter’s Agrawal have been postponed -sources

Depositions of Musk, Twitter’s Agrawal have been postponed -sources

WILMINGTON, Del. (Reuters) – Monday’s depositions of Elon Musk and Twitter Inc’s Chief Executive Officer Parag Agraw..

UK PM Truss thanks Saudi Crown Prince for role in release of British detainees

UK PM Truss thanks Saudi Crown Prince for role in release of British detainees

LONDON (Reuters) – Prime Minister Liz Truss has thanked Saudi Arabia’s Crown Prince Mohammed bin Salman for his “personal ..

Factbox-The challenges automakers, and now Tesla, face with humanoid robots

Factbox-The challenges automakers, and now Tesla, face with humanoid robots

By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s CEO Elon Musk is set to unveil its prototype humanoid robots at an event ..

Iberdrola hires Barclays to sell stake in Spanish renewable portfolio, Expansion says

Iberdrola hires Barclays to sell stake in Spanish renewable portfolio, Expansion says

MADRID (Reuters) – Spanish power company Iberdrola hired Barclays’ investment bank to sell up to 49% in a portfolio of Spa..