Fed’s job-friendly ‘soft landing’ hinges on history not repeating
By Howard Schneider (Reuters) – Federal Reserve officials have acknowledged that the battle against inflation will be paid for w..
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WhatsApp bans 2.4 million Indian accounts in July – monthly report
BENGALURU (Reuters) – WhatsApp banned 2.39 million Indian accounts in July, the highest so far this year, the Meta-owned popular..
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Exclusive-Embattled Credit Suisse aims to launch China wealth business next year
By Anshuman Daga SINGAPORE (Reuters) – Credit Suisse, which has been buffeted by a string of scandals, management changes and gl..
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Starbucks taps head of Lysol maker Reckitt as its new CEO
NEW YORK (Reuters) -Starbucks Corp on Thursday named Laxman Narasimhan as its next chief executive officer, choosing an executive cred..
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Philips subsidiary to pay over $24 million for alleged false claims for medical equipment
By Kanishka Singh WASHINGTON (Reuters) -A subsidiary of Dutch medical device maker Philips has agreed to pay over $24 million to resol..
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Gorbachev died shocked and bewildered by Ukraine conflict – interpreter
By Andrew Osborn MOSCOW (Reuters) -Mikhail Gorbachev, the last Soviet leader, was shocked and bewildered by the Ukraine conflict in th..
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Sterling slides below $1.15 for first time since 2020
By Tom Wilson and Samuel Indyk LONDON (Reuters) -Sterling skidded against the dollar on Thursday to its lowest level since March 2020 ..
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EU regulator backs two Omicron-adapted COVID boosters
By Natalie Grover and Ludwig Burger (Reuters) -The European Union’s drug regulator on Thursday backed two separate COVID-19 vacc..
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High inflation is bad for UK productivity – BoE’s Mann
LONDON (Reuters) – Britain’s very high inflation risks distracting businesses from the longer-term decisions needed to boo..
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Euro zone economy faces growing risk of recession, survey shows
By Jonathan Cable LONDON (Reuters) – Manufacturing activity across the euro zone declined again last month as consumers feeling ..
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New U.S. rules on EV subsidies slam Hyundai, Kia’s dreams
By Heekyong Yang and Ben Klayman SEOUL/DETROIT (Reuters) -After grabbing the No. 2 spot in the U.S. electric vehicle market with styli..
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Kosovo pushes ahead with car licensing rule resisted by Serbs
JARINJE, Kosovo (Reuters) -Dozens of U.S. NATO peacekeepers patrolled northern Kosovo on Thursday to preserve calm after Pristina anno..
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First year of N.Ireland protocol required 1 million customs declarations
DUBLIN (Reuters) – Over 10,000 firms completed one million customs declarations to move goods from Britain into Northern Ireland..
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Paulig Adds Flavour with Infor
HELSINKI, Finland – August 22, 2022 – Infor, the industry cloud company, today announced that Paulig, an international, fa..
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Tennis-Williams retirement on hold after win over world number two
By Steve Keating NEW YORK (Reuters) -Playing more like a world number one than a player ranked outside the top 600, Serena Williams tu..
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UK factories suffer worst month since May 2020 as economy stumbles – PMI
LONDON (Reuters) – British manufacturing output and new orders fell by the most in more than two years in August in the face of ..
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London stocks fall 1% on weak global growth outlook
By Johann M Cherian and Bansari Mayur Kamdar (Reuters) -UK’s FTSE 100 index fell sharply on Thursday as mining stocks dragged th..
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Australia’s property downturn puts home buyers in double mortgage bind
By Byron Kaye SYDNEY (Reuters) -Australia’s housing market downturn is squeezing many home sellers into a double bind: They̵..
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Boeing expects MAX 7 to be certified before MAX 10 – executive
NEW DELHI (Reuters) -Boeing Co expects the 737 MAX 7 will be certified by the end of the year and the larger MAX 10 in the first half ..
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After long drought, China plots ambitious water infrastructure push
By David Stanway SHANGHAI (Reuters) – After a record heatwave parched large areas of the Yangtze basin, Chinese provinces are pl..
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Volkswagen’s Mexico factory workers reject union pay deal
MEXICO CITY (Reuters) – Volkswagen workers at its main Mexico factory rejected a deal for a 9% pay hike, an official statement s..
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Standard Chartered rolls out digital bank in hot Singapore market
SINGAPORE (Reuters) – Standard Chartered and FairPrice Group on Thursday rolled out their digital bank focusing on SingaporeR..
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UK house prices speed up but slowdown coming, Nationwide says
LONDON (Reuters) – British house prices rose at a faster monthly pace in August than in July but the market is set to cool as su..
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Marketmind: Moment in the sun
A look at the day ahead in European and global markets from Tom Westbrook Summer may be finished, but the hot sun is helping energy pr..
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Amazon introduces seller storage service to tackle supply chain woes
(Reuters) – Amazon.com Inc introduced a new service on Wednesday to help its sellers store bulk inventory and ease distribution ..
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Exclusive-Naftogaz CEO prepared to step down if it would facilitate debt deal
By Andrea Shalal KYIV (Reuters) – The head of state-run Ukranian energy company Naftogaz is ready to step down if it would help ..
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Global body urges EU to make company life simpler by aligning climate reporting
By Huw Jones LONDON (Reuters) – The European Union should make extra time to align its policies with international rules on repo..
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Botswana awards Norway’s Scatec first large-scale solar plant contract
GABORONE (Reuters) – State-owned Botswana Power Corporation (BPC) has awarded Norwegian company Scatec ASA a contract to build a..
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French sugar makers to start output early as energy curbs loom
By Sybille de La Hamaide PARIS (Reuters) -France’s two largest sugar makers Tereos and Cristal Union will bring forward the star..
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Hackers hit Italian oil company Eni’s computer networks
(Reuters) -Italian oil company Eni’s computer networks were hacked in recent days but the consequences appear to be minor so far..
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Russia jobless rate stays at record low of 3.9% in July
MOSCOW (Reuters) – The number of people unemployed in Russia was 2.9 million in July, or 3.9% of the workforce, with the jobless..
News
Barclays announces sale of remaining shares in South Africa’s Absa
LONDON (Reuters) – Barclays will sell its remaining 7.4% stake in South African bank Absa, it said on Wednesday, completing its ..
News
DataOps or Data Fabric: Choosing the right approach for your infrastructure
Mark Balkenende, Senior Director Product Marketing at Matillion Businesses today aren’t short of buzzwords and philosophies to describ..
Business
VMware Redefines Networking and Security for Multi-Cloud with New Innovations
SAN FRANCISCO – VMware Explore US 2022 (Aug. 30, 2022) – VMware Inc. (NYSE: VMW) today announced new innovations across its expanding ..
Cyber Security
VMware Eases Hybrid Work Model Implementations with Advanced Automation
Innovations Across Virtual Desktop Infrastructure, Digital Employee Experience, Unified Endpoint Management and Workspace Security Off..
Business
VMware Advances Multi-Cloud Management with VMware Aria
SAN FRANCISCO – VMware Explore US 2022 (Aug. 30, 2022) – More organizations are delivering applications across public clouds and at th..
Companies
Regloplas Lifts its Pioneering Spirit to the Cloud
MUNICH – August 30, 2022 – Infor®, the industry cloud company, today announced that Switzerland-based Regloplas AG has migrated to the..
Companies