Single broadband network is ‘right step’ for Italy, Vivendi says
MILAN (Reuters) -Creating a single broadband network is “the right step” for Italy, Telecom Italia’s (TIM) biggest i..
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Nissan to cease producing cylinder heads for Renault from 2024
PARIS (Reuters) – Nissan said it would stop production of cylinder heads for French car maker Renault at its plant in Sun..
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Analysis-‘New shock’ for European markets as gas price spike fuels inflation fears
By Tommy Wilkes, Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – Another dramatic spike in natural gas prices appears to h..
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Exclusive-Norway eyes high gas output until 2030, says energy minister
By Nora Buli and Nerijus Adomaitis OSLO (Reuters) – Norway plans to maintain its current high gas production level until the end..
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World at rising risk of recession as inflation hits consumers
By Jonathan Cable LONDON (Reuters) – The global economy is increasingly at risk of sliding into recession, surveys showed on Tue..
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Dollar slides on contraction in private sector activity
By Dhara Ranasinghe LONDON (Reuters) – The dollar pulled back from a fresh two-decade high against the euro on Tuesday after a r..
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Euro zone business activity contracted again in Aug, outlook bleak
By Jonathan Cable LONDON (Reuters) -Business activity across the euro zone contracted for a second straight month in August as the cos..
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German bond yields at new highs after stronger-than-expected PMIs
By Yoruk Bahceli (Reuters) – German bond yields rose on Tuesday to new multi-week highs after data showed euro zone business act..
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Apple plans to cut iPhone 14 production lag between China, India – Bloomberg
(Reuters) – Apple Inc plans to start making the iPhone 14 in India about two months after its release out of China, in a move th..
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Poland prepares new support measures to tame soaring energy costs
WARSAW (Reuters) – The Polish cabinet on Tuesday approved a new package of financial support measures designed to shield consume..
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Volkswagen teams up with Canada in battery materials push
FRANKFURT (Reuters) – Volkswagen, Europe’s top carmaker, on Tuesday intensified efforts to secure access to key battery ma..
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Europe facing its worst drought in 500 years – study
By Philip Blenkinsop BRUSSELS (Reuters) – Europe is facing its worst drought in at least 500 years, with two-thirds of the conti..
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Exclusive – AstraZeneca on hunt for deals, but may not stay in vaccines
LONDON (Reuters) – AstraZeneca may not stay in the vaccine business in the long run and is looking to buy small and mid-sized co..
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Exclusive-Allianz in talks with banks for China asset management venture -sources
By Samuel Shen and Selena Li HONG KONG (Reuters) – Allianz SE is in talks with Chinese banks to set up a majority-owned asset ma..
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EDF’s minority shareholders scramble to challenge nationalisation price
By Julien Ponthus PARIS (Reuters) – Minority shareholders in EDF are accelerating their efforts to challenge the price set for t..
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Oil jumps almost 3% as tight supply moves back into focus
By Alex Lawler LONDON (Reuters) -Oil rose almost 3% on Tuesday as tight supply moved back into focus as a result of Saudi Arabia float..
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Hungary pledges legal changes to secure EU recovery funding – govt
By Krisztina Than and Gabriela Baczynska BUDAPEST (Reuters) – Hungary will amend by the end of October several laws criticised b..
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ECB must be prudent with rates hikes as recession risk rises: Panetta
MILAN (Reuters) -The European Central Bank must exercise caution with further rate hikes as a looming recession could ease inflationar..
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Polish President Duda in Kyiv to discuss more aid for Ukraine
WARSAW (Reuters) -Polish President Andrzej Duda offered more support for Ukraine and called for an end to the Russian occupation of Cr..
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Germany’s Uniper, E.ON to import green ammonia from Canada
FRANKFURT (Reuters) -German energy firms Uniper and E.ON plan to work on deals with Canada’s EverWind to buy a total of 1 millio..
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UK to manage water resources carefully as drought continues
LONDON (Reuters) -Britain will need to continue to manage water resources carefully over the coming months following the driest summer..
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Ryanair nudges up passenger target as adds more UK flights
DUBLIN (Reuters) -Ryanair on Tuesday nudged up its full-year forecast for passenger numbers after adding more flights to its UK winter..
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Euro zone slide towards recession pins euro to 20-year low
By Huw Jones LONDON (Reuters) – Contraction in the euro zone economy for a second straight month pinned the single currency to a..
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Record number of migrants arrive in Britain by boat on a single day
By Andrew MacAskill LONDON (Reuters) -The number of migrants arriving in Britain in small boats hit a record for a single day on Monda..
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China battles forest fires as fears linger over harvest
SHANGHAI (Reuters) -The southwestern Chinese regions of Chonqging and Sichuan were battling fires on Tuesday as they awaited a long-an..
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SMEs and The Price Rise Conundrum: How to manage rising expenses without alienating customers?
Everyone is being affected by rising costs and there is no sign of a slowdown. For small business owners, the conundrum is real..
Business
Euro zone business activity contracted again in Aug, outlook bleak
By Jonathan Cable LONDON (Reuters) -Business activity across the euro zone contracted for a second straight month in August as the cos..
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German investor Kuehne does not plan to further boost Lufthansa stake – FAZ
BERLIN (Reuters) – German logistics entrepreneur Klaus-Michael Kuehne is not planning to increase his stake in Lufthansa beyond ..
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Apple plans to make iPhone 14 in India amid China woes – Bloomberg News
(Reuters) -Apple Inc plans to start manufacturing iPhone 14 in India as the U.S. tech giant seeks alternatives to China after Xi admin..
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Japan weighs relaxing border rules on COVID -media
By Rocky Swift and Elaine Lies TOKYO (Reuters) – Japan may lift requirements for pre-departure COVID-19 tests for travellers and..
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Germany’s Uniper to restart coal-fired power plant as Gazprom halts supply to Europe
(Reuters) -German utility Uniper SE on Monday said it will start producing electricity for the market at its Heyden 4 hard-coal-fired ..
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Ben & Jerry’s loses bid to halt sales in West Bank
By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday rejected Ben & Jerry’s attempt to stop i..
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McLaren to enter India market later this year
(Reuters) – British sportscar maker McLaren said on Monday it was entering the Indian market, with its first retail outlet set t..
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Britain’s cost of living crisis sends sterling to lowest since mid-July
By Joice Alves LONDON (Reuters) – Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy cost..
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Europe braces for more cuts in Russian oil and gas exports
MOSCOW (Reuters) -Europe faces fresh disruption to energy supplies due to damage to a pipeline system bringing oil from Kazakhstan thr..
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UK inflation to top 18% in early 2023, Citi warns
By William Schomberg and David Milliken LONDON (Reuters) -British consumer price inflation is set to peak at 18.6% in January, more th..
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European stocks hits lowest in nearly a month on looming energy crisis
By Anisha Sircar and Shreyashi Sanyal (Reuters) -European shares fell to their lowest level in nearly one month on Monday as worries a..
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