Japan insurers to maintain cover for LNG vessels in Russian waters
By Ritsuko Shimizu and Yuka Obayashi TOKYO (Reuters) – Japanese insurers are expected to maintain marine war insurance, which co..
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Permitted share of China’s yuan in Russian wealth fund doubled to 60% -Finance Minister
MOSCOW (Reuters) – Russia’s finance ministry on Friday said the maximum possible share of Chinese yuan in its National Wea..
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DKSH sells its 25% stake in Swiss luxury watchmaker Bovet
ZURICH (Reuters) – DKSH will sell its 25% stake in Swiss luxury watchmaker Bovet to Pascal Raffy, the company said in a statemen..
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Russian services activity shrinks for third month running in Dec -PMI
MOSCOW (Reuters) – Activity in Russia’s services industry shrank for the third month running in December, a survey showed ..
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Oil set to end turbulent 2022 modestly higher
By Florence Tan and Emily Chow SINGAPORE (Reuters) – Oil prices edged up on Friday and were on track to post their second straig..
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Bahamas regulator holds FTX assets pending delivery to customers, creditors
(Reuters) – The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on ..
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ENTREPRENEURS ARE UNDAUNTED BY RECESSION AND READY TO HUSTLE
Survey reveals 65% of aspiring entrepreneurs see opportunity in a weak economy Job dissatisfaction is driving start-ups ..
Business
UK’s Sunak to halve support that helps businesses pay fuel bills -The Times
(Reuters) – British Prime Minister Rishi Sunak is poised to halve financial support on energy bills for businesses, amid concern..
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Southwest cancels thousands more flights; U.S. government vows scrutiny
By David Shepardson and Alexandra Alper (Reuters) -Southwest Airlines came under fire from the U.S. government on Tuesday after it can..
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Wall St stocks fall, bond yields rise as China drops quarantine rule
By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and the Nasdaq closed lower on Tuesday after the release of U.S. economic d..
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Risking death at sea, Rohingya Muslims seek safety in Indonesia
By Hidayatullah Tahjuddin PIDIE, Indonesia (Reuters) – Crying with relief after a traumatic 40-day voyage to Indonesia in a leak..
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Spain’s November retail sales fall 0.6% on year
(Reuters) – Spanish retail sales fell 0.6% in November from a year earlier on a seasonally and calendar-adjusted basis, after ri..
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Italy’s rightist government tightens rules for migrant rescues
ROME (Reuters) – Italy’s rightist government has approved measures to fine charities who rescue migrants at sea and impoun..
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German exporters prepare for a challenging 2023
BERLIN (Reuters) – German exporters have modest hopes for next year, anticipating problems at major customers in China because o..
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UK not planning COVID testing for travellers from China
(Reuters) -Britain has no plans to bring back COVID-19 testing for those coming into the country, a government spokesperson said on Th..
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Chipmaker Infineon ready to spend billions on acquisitions – CEO
MUNICH (Reuters) -Infineon is ready to spend several billion euros on the right takeover target as it searches for acquisitions to boo..
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UK’s Argo Blockchain shares soar on deals to avoid bankruptcy
By Sinchita Mitra and Anchal Rana (Reuters) -Crypto miner Argo Blockchain said on Wednesday it will sell its mining facility Helios fo..
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Exxon sues EU in move to block new windfall tax on oil companies
By Sabrina Valle (Reuters) – U.S. oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc&..
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ESCP Business School ranks 3rd in the latest Financial Times European Business Schools ranking
ESCP Business School ranks 3rd in the latest Financial Times European Business Schools ranking ESCP Business School has been ra..
Business
Experts Share What Prospective Employers are Looking for During Social Media Checks, and How to Complete a ‘Social Media MOT’ Before Applying for Your Dream Role
Reviewing your social media presence should be an extension of every job application process, new advice reveals. The experts a..
Technology
Leadership expert Kul Mahay says retention of staff is key to success for organisations in 2023
A TOP leadership expert believes that creating cultures that focus on staff retention and confidence will be critical fo..
Business
Asian shares muted as investors fret over China reopening
By Ankur Banerjee SINGAPORE (Reuters) – Asian equities swung between losses and gains in choppy trading on Wednesday as investor..
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Four tips for starting a bike rental business in 2023
Opening a bike rental business is a great way to become a part of a thriving industry. With cycling becoming a more popular met..
Business
Italy’s Nexi signs digital payments deal with TIM’s Olivetti
xMILAN (Reuters) – Nexi and Telecom Italia’s Olivetti have teamed up to provide advanced electronic payment solutions to b..
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Belgian court decides to keep EU corruption case suspect in detention
BRUSSELS (Reuters) – A Belgian appeals court decided on Tuesday to keep Niccolo Figa-Talamanca, an Italian suspect in a European..
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European shares end higher on China recovery optimism
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares closed a touch higher on Tuesday as China relaxing its COVID-1..
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Oil hits 3-week high as China eases COVID curbs
By Alex Lawler LONDON (Reuters) -Oil hit a three-week high on Tuesday as China’s latest easing of COVID-19 restrictions spurred ..
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UK retailers see 40% jump in Boxing Day shoppers -Springboard
LONDON (Reuters) – UK retail destinations enjoyed an almost 40% rise in shopper numbers on Monday after the first Christmas in t..
Top Story
German businesses expect only mild recession as disruptions ease
BERLIN (Reuters) – German companies expect only a mild recession next year despite headwinds from the energy crisis, raw materia..
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National Dermatologist Reveals 5 New Year’s Cost-Cutting Beauty Secrets for 2023
Ready for a 2023 beauty refresh while saving some bucks in the process? Dr. Fayne Frey (pronounced “FAINE FRY”), author of The ..
Companies
What problems are currently facing the Euro and Eurozone?
By Naeem Aslam, Chief Market Analyst at AvaTrade As the pace at which Europe heads towards a recession continues to accelerate,..
Finance
Oil prices rise as China eases COVID curbs, U.S. storm fuels supply worries
By Isabel Kua SINGAPORE (Reuters) -Oil prices rose to three-week highs on Tuesday as China’s latest easing of COVID-19 restricti..
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Board of Russia’s AvtoVAZ approves $585 million in 2023 investment programme – RIA agency
(Reuters) – The board of directors of Russian top carmaker AvtoVAZ approved the firm’s 2023 investment programme for just ..
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Stocks advance, U.S. dollar retreats as China drops quarantine rule
By Xie Yu HONG KONG (Reuters) – Stock markets gained while the U.S. dollar softened on Tuesday after China said it would drop it..
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Belarus sentences in absentia former Olympian Herasimenia to 12 years in prison – BelTA
By Ronald Popeski and Lidia Kelly (Reuters) – A Minsk court sentenced in absentia former Olympic swimmer Aliaksandra Herasimenia..
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Russia could hike rates in 2023 if inflation risks have big impact -cenbank
MOSCOW (Reuters) – The Bank of Russia could raise interest rates in 2023 if inflationary risks such as labour shortages and impo..
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Russia’s Sberbank urges Glencore to resolve dispute over oil bill
MOSCOW (Reuters) -Sberbank on Monday accused Glencore of choosing not to foot a bill for oil supplied via the Russian lender, saying t..
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