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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Mooneh Fulfillment & Logistics Optimizes Warehouse Management with SNS and Infor
Warehouse management system streamlines operations and boosts inventory traceability for pharma-focused, healthcare & medic..
Business
Three ways businesses can utilise revenue intelligence to boost sales
Accurate sales forecasting plays a vital role in a company’s success. With confidence in their forecasts, business leaders are equipp..
Business
How SMEs can effectively close sales over the phone
By Damian Hanson, Co-Founder & Director of CircleLoop Closing sales over the phone is a skillful, yet timely art. To find success,..
Business
A cloud platformis greater than the sum of its parts during an M&A transaction
Stephen Singh, Global Vice President M&A, Zscaler Nothing exposes the challenges of complex IT infrastructures quite like mergers ..
Technology
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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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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UK’s Micro Focus shares nearly double after Canada’s OpenText agrees $6 billion takeover
By Eva Mathews and Krystal Hu (Reuters) -Shares of Micro Focus soared more than 90% on Friday after Canadian software company OpenText..
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Most of BP’s Whiting refinery units shut following fire -sources
HOUSTON (Reuters) -Most of the units at BP Plc’s 435,000 barrel-per-day Whiting, Indiana, refinery were out of production on Thursday ..
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Decision to end ECB reinvestments takes back seat to rate hikes, sources say
By Balazs Koranyi JACKSON HOLE, Wyo. (Reuters) – The European Central Bank could soon start talks on ending reinvestments of cas..
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Carlsberg’s Poland unit could stop production; lack of CO2 threatens food industry
GDANSK (Reuters) -Danish brewery Carlsberg’s subsidiary in Poland could cut or halt beer production due to a lack of carbon diox..
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After rescue by Open Arms, 99 migrants wait to dock in Europe
By Juan Medina ABOARD THE OPEN ARMS UNO, off Sicily (Reuters) – Around 30 nautical miles off the coast of Italy’s Sicily, ..
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Novartis to spin off generics business Sandoz next year
By Natalie Grover ZURICH/LONDON (Reuters) -Novartis plans to spin off its underperforming generics unit Sandoz to sharpen its focus on..
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Germany signs deal to give ownership of Benin Bronzes to Nigeria
BERLIN (Reuters) – Germany signed an agreement on Thursday to transfer ownership to Nigeria of the Benin Bronzes, among Africa&#..
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Citigroup says will close Russian consumer, commercial business
By Lananh Nguyen (Reuters) -Wall Street giant Citigroup Inc will close its consumer and commercial banking businesses in Russia starti..
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French wheat protein slips further in latest harvest results
PARIS (Reuters) – Nearly complete quality results from France’s soft wheat harvest showed slightly weaker protein levels t..
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Looks aren’t everything – British supermarkets to stock misshapen fruit amid drought
By Sachin Ravikumar LONDON (Reuters) – Two British supermarket chains will stock bent carrots and other misshapen fruit and vege..
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When two become one: How businesses can integrate systems effectively post-merger or acquisition
Nathan Shinn, Founder and CSO, Billing Platform Mergers and acquisitions (M&As) are on the rise. According to a survey from KPMG, ..
Business
Dollar edges lower as investors wait on Fed’s Powell
By Karen Brettell NEW YORK (Reuters) – The dollar index and the euro both slipped on Thursday in choppy trading as investors wai..
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Fortum says rising costs of Nordic power trading are “worrying”
By Anne Kauranen HELSINKI (Reuters) – Finnish utility Fortum on Thursday said low liquidity and high price volatility have creat..
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Europe’s Wizz Air considering a Saudi operating license
RIYADH (Reuters) -European budget carrier Wizz Air is considering basing an airline in Saudi Arabia as part an agreement signed with t..
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Oil firms must step up exploration off Norway to unlock potential -NPD
By Nerijus Adomaitis OSLO (Reuters) – Oil companies in Norway must increase their exploration activity in remote regions like th..
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Ukraine war, energy crisis send German business sentiment to lowest level since June 2020
By Miranda Murray BERLIN (Reuters) -German business morale in August fell to its lowest reading since June 2020 amid high uncertainty ..
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Sterling rises 0.5% as dollar takes a breather
By Samuel Indyk LONDON (Reuters) – Sterling recouped some losses against the dollar on Thursday but was still languishing near a..
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