Britain hands $621 million to Tata Steel, 3,000 jobs could go
By Sarah Young LONDON (Reuters) -Britain is to pump 500 million pounds ($621 million) into Tata Steel to decarbonise its Welsh site, ..
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Italy’s Edison inaugurates power station partly funded by citizens
QUASSOLO, Italy (Reuters) – Italian utility Edison on Friday inaugurated a new hydroelectric power station partly financed by t..
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ECB’s Lagarde: rate cut not on the agenda
SANTIAGO DE COMPOSTELLA (Reuters) – An interest rate cut is not on the European Central Bank’s agenda, ECB President Chri..
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Apple to update iPhone 12 software in France to settle radiation row
By Elizabeth Pineau PARIS (Reuters) – Apple said on Friday it would issue a software update for iPhone 12 users in France to se..
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Bootmaker Dr Martens to offer repairs in sustainability step
LONDON (Reuters) -Dr Martens plans to launch a shoe repair service in Britain next month as it seeks to polish its sustainability cred..
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China to manage monkeypox as disease on par with COVID-19
BEIJING (Reuters) -China plans to manage monkeypox in the same way it handles infectious diseases such as COVID-19 starting from Sept..
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SAP’s India arm eyes more patents, jobs amid AI push
SAP’s India arm eyes more patents, jobs amid AI push By Hritam Mukherjee and Navamya Ganesh Acharya BENGALURU (Reuters) -SAP SE&..
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How to master cloud migration and thrive in the digital age
By Paul Campbell, Head of Cloud, Daemon It may be hard to remember a pre-Covid world, where office workers went in ev..
Digital
No Kuehne counter offer on table for Hamburg port operator – authority
BERLIN (Reuters) – The city of Hamburg’s economy authority said there was no counter offer on the table from billionaire ..
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Britain sees 14% annual rise in missed direct debit payments
By David Milliken LONDON (Reuters) – Britain reported an annual rise of 14% in missed bill payments last month for their second..
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UK’s IG Group ekes out revenue rise from interest income, U.S. trading
(Reuters) – British online trading platform IG Group on Thursday reported a marginal rise in its first-quarter revenue after a b..
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British retailer John Lewis says turnaround delayed by two years
LONDON (Reuters) -John Lewis Partnership’s turnaround will take two years longer than planned and cost more money, the British r..
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Swedish inflation slows in August; Riksbank still expected to hike next week
STOCKHOLM (Reuters) – The pace of headline Swedish inflation slowed more than expected in August, official data showed on Thursd..
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Thyssenkrupp creates green tech division, launches performance programme
FRANKFURT (Reuters) – Thyssenkrupp on Thursday unveiled plans to bundle its businesses with a green technology angle in one segm..
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New Zealand’s National Party looks to cement lead 30 days out from election
WELLINGTON (Reuters) – Thirty days out from New Zealand’s general election, recent polls show the opposition party National ceme..
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Carrefour sticks price warnings on food to shame suppliers
By Dominique Vidalon PARIS (Reuters) – French supermarket chain Carrefour has slapped price warnings on products from Lindt cho..
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OpenAI launches office in Dublin with nine job listings
(Reuters) -Artificial intelligence leader OpenAI is opening an office in Dublin, the Microsoft-backed company said Thursday. It is the..
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Exor to buy back 1 billion euro own shares, starts with 750 million tender offer on Thursday
MILAN (Reuters) – Exor has approved a new share buyback program for up to one billion euros ($1.07 billion), with an initial ten..
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SoftBank’s Arm valued at $54.5 billion in year’s biggest IPO
By Echo Wang and Anirban Sen NEW YORK (Reuters) – Chip designer Arm Holdings Plc secured a $54.5 billion valuation in its U.S. ..
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EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs
By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission launched an investigation on Wednesday into whether to impose puniti..
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Catalyzing Digital Transformation — Unveiling LineZero’s Cutting-Edge Solutions
Businesses have much to gain from digital transformation. From improved efficiency to enhanced customer experience to expanded market..
Innovation
Goldman, J.P.Morgan cut UK’s 2023 growth forecast
(Reuters) -Goldman Sachs and J.P.Morgan on Wednesday cut their full-year growth forecast for the UK’s gross domestic product (G..
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ABB invests $280 million in new robotics factory in Sweden
ZURICH (Reuters) – ABB is spending $280 million on a new robotics factory in Sweden, the Swiss engineering and technology group..
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Aviva to sell Singlife joint venture stake for $1 billion
By Elizabeth Howcroft LONDON (Reuters) -Aviva is quitting its Singlife joint venture, selling its 25.9% stake in Singapore Life Holdi..
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Sterling drops after UK economy contracts by more than expected
LONDON (Reuters) – The British pound declined against the dollar and euro on Wednesday after data showed British economic outpu..
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Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices
MADRID (Reuters) -Zara owner Inditex reported on Wednesday a jump of 40% in profit for the six months to July amid higher sales compar..
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Oil near 10-month peak on supply tightness, US inflation data awaits
(Reuters) -Oil rose on Wednesday, firming its ground near a 10-month peak reached during trading a day earlier, as the market balanced..
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EY to create 1,000 jobs in N. Ireland, kicking off investment conference
LONDON (Reuters) – Professional services firm EY will create 1,000 jobs in Northern Ireland over the next five years, the Britis..
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Boeing deliveries decrease in August as it wrestles with manufacturing defect
By Valerie Insinna WASHINGTON (Reuters) – Boeing delivered 35 planes in August, its lowest number since April, as it struggles ..
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Nothing to toast as Italy loses wine-making leadership to France
ROME (Reuters) – Wine output in Italy looks set to fall 12% this year to below 44 million hectolitres after extreme weather and ..
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UK, Japanese, Italian partners agree next steps for fighter jet
LONDON (Reuters) – Britain’s BAE Systems, Japan’s Mitsubishi Heavy Industries, and Italy’s Leonardo have agree..
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FTSE 100 rises on peak rate bets; Smurfit Kappa slumps on WestRock deal
(Reuters) – UK’s FTSE 100 index inched higher on Tuesday after labour data signalled that the Bank of England might be nea..
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UK jobless rate rises but wage growth points to another rate hike
LONDON (Reuters) -Britain’s labour market showed more signs of cooling in the three months through July, even as data showing an..
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Russian plane with 159 aboard makes emergency landing in Novosibirsk region – agencies
(Reuters) – Russia’s Ural Airlines plane with 159 people aboard and flying from Sochi to Omsk made an emergency landing in..
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Asian stocks steady, Japan, China central banks interrupt dollar’s ascent
By Tom Westbrook SINGAPORE (Reuters) – Asian stock markets edged up on Tuesday while comments from central banks in China and J..
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Brent holds above $90; traders eye U.S., European interest rates as guide to demand
SINGAPORE (Reuters) -Brent crude futures held above $90 a barrel on Tuesday, while investors awaited macroeconomic data that could ind..
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BoE’s Mann says better to err towards over-tightening rates
By Andy Bruce and David Milliken LONDON (Reuters) -Bank of England policymaker Catherine Mann said on Monday that it was too soon for..
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