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US dollar gains broadly as risk sentiment turns sour after poor Chinese data

US dollar gains broadly as risk sentiment turns sour after poor Chinese data

By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) – The U.S. dollar firmed across the board on Tuesday, ga..

Greek EU-harmonised inflation rises to 3.5% y/y in July

Greek EU-harmonised inflation rises to 3.5% y/y in July

(Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesda..

No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists

No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists

SINGAPORE (Reuters) – Sea ice in the Antarctic region has fallen to a record low this year as a result of rising global temperat..

Fund manager abrdn’s assets hit by market volatility, shares dive

Fund manager abrdn’s assets hit by market volatility, shares dive

(Reuters) -Fund manager abrdn’s shares fell nearly 9% on Tuesday after it reported a drop in assets under management in the firs..

Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report

Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report

(Reuters) – Global video-games market would return to growth in 2023 on the back of strong sales of consoles such as Sony’..

WeWork rival IWG’s half-year profit surges on high demand, improved pricing

WeWork rival IWG’s half-year profit surges on high demand, improved pricing

(Reuters) -Office rental firm IWG retained a “cautiously optimistic” outlook after posting a 48% surge in half-year profit..

Germany’s Fraport sees earnings boost on higher passenger volumes

Germany’s Fraport sees earnings boost on higher passenger volumes

(Reuters) -Frankfurt Airport operator Fraport on Tuesday updated its 2023 core profit and net income forecasts, after first-half earni..

Asian markets down, dollar up after weak China trade data

Asian markets down, dollar up after weak China trade data

By Scott Murdoch SYDNEY (Reuters) – Asian share markets were mostly weaker on Tuesday but the dollar strode higher as investors..

UBS shuffles bank bosses in bid to better compete with Wall Street

UBS shuffles bank bosses in bid to better compete with Wall Street

LONDON/NEW YORK (Reuters) -UBS on Monday announced an overhaul of its investment banking division, including naming the unit’s ..

Home-Based Business Ideas

Home-Based Business Ideas

Welcome to the world of boundless opportunities and the pursuit of entrepreneurial success from the comfort of your own home. In this..

Why does Bluetooth become a mainstream high-precision locating technology?

Why does Bluetooth become a mainstream high-precision locating technology?

Today, all your smart devices support Bluetooth communication in documents, photos and data. Do you know that Bluetooth can be used fo..

TSMC to decide in favour of German factory on Tuesday – Handelsblatt

TSMC to decide in favour of German factory on Tuesday – Handelsblatt

BERLIN (Reuters) – Taiwanese semiconductor manufacturer TSMC’s board of directors will decide in favour of building a fac..

After heatwave, looming typhoon forces scouts to evacuate South Korea campsite

After heatwave, looming typhoon forces scouts to evacuate South Korea campsite

By Hyunsu Yim and Ju-min Park SEOUL (Reuters) – Tens of thousands of youngsters will be evacuated from the campsite of the Worl..

Heatwave caused higher than normal death rate in southern Italy

Heatwave caused higher than normal death rate in southern Italy

ROME (Reuters) – The central and southern regions of Italy recorded 7% more deaths than normal in July after a baking heatwave, ..

BioNTech reduces drug development spend as COVID vaccine sales plunge

BioNTech reduces drug development spend as COVID vaccine sales plunge

FRANKFURT (Reuters) -Germany’s BioNTech, Pfizer’s partner on COVID-19 vaccines, cut its drug development budget for this y..

German regulator rejects request for postage stamp price hike

German regulator rejects request for postage stamp price hike

BERLIN (Reuters) -Germany’s federal network regulator has rejected a request by postal service operator Deutsche Post to raise t..

Miners drag London stocks lower; Unite Group slips

Miners drag London stocks lower; Unite Group slips

(Reuters) -The UK’s exporter-heavy FTSE 100 index dipped on Monday, weighed down by heavyweight miners, while shares of Unite Gr..

German space firm OHB plans to delist as KKR takes minority stake

German space firm OHB plans to delist as KKR takes minority stake

BERLIN (Reuters) -Germany’s OHB on Monday said U.S. financial investor KKR was buying a minority stake in the space company and ..

Russia to evacuate village for first lunar lander mission in half century

Russia to evacuate village for first lunar lander mission in half century

(Reuters) – Russia will evacuate a village in its far east on Aug. 11 as part of the launch of Russia’s first lunar lander..

Oil holds steady near four-month high on OPEC+ cuts

Oil holds steady near four-month high on OPEC+ cuts

By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices edged down on Monday, but were still near their highest levels since m..

Dollar on guard as US inflation test looms

Dollar on guard as US inflation test looms

SINGAPORE (Reuters) – The dollar was on the defensive on Monday after a mixed U.S. jobs report provided little directional convi..

Cycling-Men’s world championships race interrupted by climate protesters

Cycling-Men’s world championships race interrupted by climate protesters

GLASGOW (Reuters) -Protesters halted the elite men’s road race at the UCI World Championships for almost an hour on Sunday, stop..

Huawei ban would cost German rail operator 400 million eur – Spiegel

Huawei ban would cost German rail operator 400 million eur – Spiegel

BERLIN (Reuters) – Germany’s national railway operator would have to spend up to 400 million euros ($437.44 million) to r..

Commerzbank shares slump on outlook, despite 20% profit rise

Commerzbank shares slump on outlook, despite 20% profit rise

By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Commerzbank’s shares sank 5% on Friday, despite a big jump in net profit in ..

EnBW sees FY adjusted EBITDA at upper end of forecast range

EnBW sees FY adjusted EBITDA at upper end of forecast range

BERLIN (Reuters) – German utility EnBW confirmed its full-year outlook on Friday, with adjusted earnings before interest, taxes,..

Germany’s Lanxess calls on government to help chemicals industry

Germany’s Lanxess calls on government to help chemicals industry

By Linda Pasquini and Antonis Pothitos (Reuters) – Chemicals group Lanxess set out plans to cut costs on Friday and called on G..

Credit Agricole beats estimates on insurance, consumer finance

Credit Agricole beats estimates on insurance, consumer finance

PARIS (Reuters) – Credit Agricole SA, France’s second-largest listed bank, reported better-than-expected quarterly earning..

WPP lowers full-year forecast as tech clients curb spending

WPP lowers full-year forecast as tech clients curb spending

LONDON (Reuters) -WPP, the world’s biggest advertising group, downgraded its full-year like-for-like growth forecast to 1.5-3.0%..

BNP Paribas lowers its Bank of England terminal rate forecast

BNP Paribas lowers its Bank of England terminal rate forecast

(Reuters) – BNP Paribas on Friday lowered its Bank of England (BoE) terminal rate forecast to 5.50% from a prior estimate of 5...

UK’s July new car sales up more than 25%- SMMT

UK’s July new car sales up more than 25%- SMMT

(Reuters) – New car registrations in Britain rose more than 25% in July from a year ago, marking its 12th consecutive monthly ri..

Dollar struggles before payrolls test; Aussie rebounds

Dollar struggles before payrolls test; Aussie rebounds

TOKYO (Reuters) – The dollar hung back from a four-week high against major peers on Friday as investors looked ahead to a key jo..

Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

By Jeffrey Dastin and Chavi Mehta (Reuters) -Amazon.com Inc on Thursday reported sales growth and profit that beat Wall Street’..

German services sector loses momentum-PMI

German services sector loses momentum-PMI

BERLIN (Reuters) – Growth in Germany’s services sector slowed in July for the second consecutive month, due to a drop in ..

Demystifying data analysis: Using data to excel in business

Demystifying data analysis: Using data to excel in business

By Jason Weekes, Commercial Director at CARMA As the world tightens its belt to weather the economic storm, business bud..

Should we challenge the concept of hybrid connectivity?

Should we challenge the concept of hybrid connectivity?

As a result of technical advancements, particularly those that concern the transfer of data across our ether, hybrid con..

Ireland and the future of Aviation

Ireland and the future of Aviation

Ahead of the Paris Air Show 2023, Shauna Higgins, VP of Engineering and Green Economy at IDA Ireland explores the curren..

Building digital trust to support digital transformation and a distributed workforce

Building digital trust to support digital transformation and a distributed workforce

By Anurag Lal, President, and CEO of NetSfere   In the UK, we have recently witnessed several issues around trust. These..