Funds from electricity levy could help German households, says renewables association
BERLIN – A multi-billion-euro account fed by a now-suspended surcharge on electricity prices could be used to provide German hou..
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Global equity funds see large outflows on slowdown worries
(Reuters) – Global equity funds witnessed their biggest weekly capital withdrawals in five weeks in the week to Aug. 24 on conce..
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Heavy Norwegian gas maintenance adds to energy price pressure
By Nora Buli OSLO (Reuters) – Norway, which has overtaken Russia as the biggest gas supplier to Europe in the wake of the war in..
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European stocks slip on dour German sentiment survey ahead of Powell speech
By Anisha Sircar (Reuters) -European shares slipped on Friday as investors fretted over downbeat German consumer sentiment data due to..
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Thousands of British postal workers walk out over pay
LONDON (Reuters) – More than 115,000 workers at Britain’s Royal Mail began the first of four days of strike action on Frid..
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Factbox-How far are UK energy bills set to rise and what help are consumers getting?
LONDON (Reuters) – Britain’s energy regulator Ofgem said on Friday the cap on domestic energy prices would rise to 3,549 p..
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FTSE 100 extends gains, Micro Focus soars on buyout deal
By Johann M Cherian and Sruthi Shankar (Reuters) -UK’s blue-chip index rose for a second straight day on Friday on gains in comm..
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Russian rouble opens flat, sticks to 60-mark against U.S. dollar
(Reuters) – The Russian rouble opened flat in trading on Friday as month-end tax payments by exporters helped keep the currency ..
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Citigroup says will close Russian consumer, commercial business
By Lananh Nguyen (Reuters) -Wall Street giant Citigroup Inc will close its consumer and commercial banking businesses in Russia starti..
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French wheat protein slips further in latest harvest results
PARIS (Reuters) – Nearly complete quality results from France’s soft wheat harvest showed slightly weaker protein levels t..
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Looks aren’t everything – British supermarkets to stock misshapen fruit amid drought
By Sachin Ravikumar LONDON (Reuters) – Two British supermarket chains will stock bent carrots and other misshapen fruit and vege..
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Fortum says rising costs of Nordic power trading are “worrying”
By Anne Kauranen HELSINKI (Reuters) – Finnish utility Fortum on Thursday said low liquidity and high price volatility have creat..
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Oil firms must step up exploration off Norway to unlock potential -NPD
By Nerijus Adomaitis OSLO (Reuters) – Oil companies in Norway must increase their exploration activity in remote regions like th..
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Ukraine war, energy crisis send German business sentiment to lowest level since June 2020
By Miranda Murray BERLIN (Reuters) -German business morale in August fell to its lowest reading since June 2020 amid high uncertainty ..
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Sterling rises 0.5% as dollar takes a breather
By Samuel Indyk LONDON (Reuters) – Sterling recouped some losses against the dollar on Thursday but was still languishing near a..
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FTSE 100 rebounds on energy, earnings lift
By Johann M Cherian and Sruthi Shankar (Reuters) -London’s blue-chip stock index bounced off two-week closing lows on Thursday, ..
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EU to urge big polluters to toughen climate pledges by COP27 summit – draft
By Kate Abnett BRUSSELS (Reuters) – The European Union will urge the world’s biggest economies to improve their targets to..
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Energy stocks boost European shares ahead of ECB minutes
By Anisha Sircar (Reuters) -European shares firmed on Thursday on a boost from oil stocks ahead of minutes from the last policy meetin..
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Sony hikes PS5 price on economic pressures, rising rates
By Sam Nussey TOKYO (Reuters) -Sony Group Corp said on Thursday it was hiking the price of its PlayStation 5 games console in markets ..
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New UK PM must be radical to stop power bill catastrophe – think tank
By Humza Jilani LONDON(Reuters) -Britain’s next prime minister must adopt radical ideas – such as discounted power tariffs..
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Shell Energy to pay for overcharging price cap customers -Ofgem
(Reuters) -Shell Plc’s UK retail energy business has to pay 536,970 pounds ($635,181) for overcharging some customers on its def..
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Ford delays Spanish investments, citing ‘revised outlook for Europe’
By Joan Faus BARCELONA (Reuters) -Ford said on Wednesday it is delaying its production investments in Spain, citing a “revised o..
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Exclusive-Tinder-owner Match ups antitrust pressure on Apple in India with new case
By Aditya Kalra NEW DELHI (Reuters) – Tinder-owner Match Group has filed an antitrust case against Apple with the competition re..
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Germany approves rules to turn down heating, lights this winter
BERLIN (Reuters) -Germany’s public buildings are to become cooler and streets darker this winter under energy-saving measures ap..
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European recovery set to stall, outlook cautious – Reuters poll
By Samuel Indyk LONDON (Reuters) – A recent recovery in European shares looks set to stall and not reclaim end-2021 levels for w..
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Germany prioritizes energy transport on railways amid shallow Rhine
FRANKFURT (Reuters) – Germany on Wednesday prioritized the transportation of materials and equipment essential for energy produc..
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Turkey’s economy expanded 7.5% in Q2, seen slowing in H2 – Reuters poll
By Ezgi Erkoyun ISTANBUL (Reuters) – Turkey’s economy expanded 7.5% annually in the second quarter of the year, a Reuters ..
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UK gas producers boost domestic output by 26% in first half of 2022
By Sachin Ravikumar LONDON (Reuters) – Gas production in the United Kingdom rose 26% in the first half of this year compared to ..
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UBS ups Greek economy’s 2022 growth forecast on tourism tailwind
ATHENS (Reuters) – Greece’s economy could grow by 5.7% this year from 4.0% previously forecast as the country benefits fro..
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Richemont to sell online retailer stake to Farfetch, takes 2.7 billion euro writedown
By Silke Koltrowitz and Mimosa Spencer ZURICH (Reuters) -Richemont Wednesday announced a long-awaited deal to offload most of its onli..
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German 10-year yields hit fresh 8-week high on inflation concerns
(Reuters) -Germany’s 10-year government bond yield rose to a fresh eight-week high on Wednesday as inflation fears reinforced ex..
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Princess Diana’s one-of-a-kind Ford Escort goes up for auction
LONDON (Reuters) – A unique black Ford Escort driven by the late Princess Diana in the 1980s is due to be auctioned this weekend..
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Factbox-Britain’s Princess Diana, who died 25 years ago
LONDON (Reuters) – Britain’s Princess Diana was killed in a car crash 25 years ago, prompting mourning across the world. H..
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European bourses flat as defensive stocks offset growth fears
By Anisha Sircar (Reuters) -European shares were little changed on Wednesday, as a rise in defensive stocks countered worries over a l..
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Twenty-five years since Paris death, Princess Diana still captivates
By Michael Holden and Sarah Mills LONDON (Reuters) – A quarter of a century after her death at the age of just 36, Princess Dian..
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Global growth fears send FTSE 100 to near three-week lows
By Johann M Cherian and Sruthi Shankar (Reuters) -UK’s FTSE 100 tumbled to near three-week lows on Wednesday after economic data..
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Sterling holds steady versus the dollar
By Tom Wilson and Samuel Indyk (Reuters) – Sterling was steady against the dollar on Wednesday, holding above a 2-1/2 year low t..
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