Green Investment Group to launch battery storage platform
LONDON (Reuters) – The Green Investment Group (GIG), owned by Macquarie Asset Management, will launch a new platform to develop ..
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Germany should hike taxes on rich to finance relief packages, advisers say – report
BERLIN (Reuters) – Germany’s economic advisory council will recommend the government raise taxes on the wealthy to help fi..
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Ireland to sell 8% of its majority stake in AIB in one go
DUBLIN (Reuters) – The Irish government received more than enough demand to cover the sale of 8% of its majority stake in Allied..
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Factbox-Strikes, protests in Europe over cost of living and pay
(Reuters) – European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are ..
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At COP27, climate ‘loss and damage’ funding makes it on the table
By Laurie Goering SHARM EL-SHEIKH, Egypt (Thomson Reuters Foundation) – Warned that mounting economic crises should not delay ac..
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Negotiating our future’: Youth set to grab power roles at COP27
By Laurie Goering SHARM EL-SHEIKH, Egypt (Thomson Reuters Foundation) – Fiji’s Sivendra Michael was just a year old when P..
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How mixing farms with forests can help the UK reach net zero
By Rachel Parsons PETERBOROUGH, England (Thomson Reuters Foundation) – Stephen Briggs popped open his pocket knife, carved a wed..
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German industry calls for delay to global minimum tax – BDI
BERLIN (Reuters) – German industry has called for a delay to a global minimum corporate tax by at least a year to 2025 to give c..
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British minister to meet Taiwan president, drawing China’s anger
TAIPEI (Reuters) – A British minister will visit Taiwan this week for trade talks and meet President Tsai Ing-wen, his office sa..
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Russia’s Sberbank sues Glencore for $116 million over oil supplies
MOSCOW (Reuters) – Russia’s largest lender, Sberbank, is suing global commodities trader Glencore for around 117 million e..
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LONDON (Reuters) -British house prices fell in October at the fastest monthly rate since February 2021, a fresh sign of weakness in th..
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Analysis-Runaway prices have central Europe on the ropes
By Gergely Szakacs and Anna Wlodarczak-Semczuk BUDAPEST/WARSAW (Reuters) – While inflation in western Europe is largely expected..
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China’s COVID resurgence spurs new curbs, Foxconn imposes restrictions
SHANGHAI (Reuters) – China’s escalating COVID-19 resurgence has spurred authorities and companies, including key iPhone ma..
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Oil prices slide as hopes for China demand rebound fade
By Florence Tan SINGAPORE (Reuters) -Oil prices fell more than $1 a barrel on Monday after Chinese officials on the weekend reiterated..
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Six in ten Britons will spend less at Christmas -Deloitte survey
LONDON (Reuters) – Six in ten Britons believe they will have less money to spend over the Christmas period than last year, accor..
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“Live up to your climate promises,” UK PM will say
SHARM EL-SHEIKH, Egypt (Reuters) – British Prime Minister Rishi Sunak will on Monday use a speech at the United Nations climate ..
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Facebook parent Meta is preparing large-scale layoffs this week – WSJ
(Reuters) – Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect thousands of employees, the W..
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ECB, UniCredit clash over capital plans, Russia presence, FT says
(Reuters) – The European Central Bank (ECB) has clashed with UniCredit over the Italian lender’s plans to return cash to s..
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Twitter asks some laid off workers to come back, Bloomberg reports
(Reuters) – After Twitter Inc laid off roughly half its staff on Friday following Elon Musk’s $44 billion acquisition, the..
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Euro zone downturn deepened in Oct, winter recession likely -PMI
LONDON (Reuters) – Euro zone business activity contracted last month at the fastest pace since late 2020 as high inflation and f..
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Shares in Monte dei Paschi plunge 14% after capital raise
MILAN (Reuters) – Shares in Monte dei Paschi di Siena plunged 14% on Friday, triggering an automatic trading suspension, after t..
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Britain launches scheme to pay homes to curb electricity use
LONDON (Reuters) – Britain’s National Grid on Friday launched a scheme to pay homeowners and businesses to curb their elec..
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German industrial orders drop in Sept on foreign demand slump
BERLIN (Reuters) – German industrial orders fell more than expected in September, weighed down by a sharp fall in foreign demand..
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Nissan says talks with Renault focused on better competing in electric cars
By Kevin Krolicki and David Dolan TOKYO (Reuters) -Nissan Motor Co’s talks with Renault SA are focused on optimising their inves..
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UK new car sales up by nearly a quarter in October – SMMT
(Reuters) – British new car registrations rose for the third consecutive month in October, up by around a quarter, according to ..
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British PM Sunak expected to shelve plans to privatise Channel 4 -FT
(Reuters) – British Prime Minister Rishi Sunak is expected to put off the proposed privatisation of publicly-owned broadcaster C..
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Britain’s Prince William unveils finalists for Earthshot environmental prize
LONDON (Reuters) – Britain’s Prince William on Friday unveiled the finalists for his Earthshot prize, which awards 1 milli..
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North Korea fires artillery into sea as South Korea and U.S. pledge cooperation
SEOUL (Reuters) -North Korea fired about 80 artillery rounds into a maritime border zone overnight, South Korea said on Friday, as def..
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Chaos, confusion reign ahead of Twitter layoffs
By Sheila Dang and Katie Paul (Reuters) – Fear and dread spread across Twitter Inc offices on Thursday as 7,500 employees from S..
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World equities fall, U.S. Treasury yields rise after hawkish Fed
By Chibuike Oguh NEW YORK (Reuters) -Global equities fell while U.S. Treasury yields rose on Thursday as investors weighed hawkish com..
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Euronext Italian arm to become group-wide clearer from end 2023
By Huw Jones LONDON (Reuters) – Pan-European stock exchange Euronext said on Thursday that customers will be able to clear all s..
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Investors trim bets for peak Bank of England rate
LONDON (Reuters) – Investors trimmed their bets on the peak for British interest rates on Thursday after the Bank of England tol..
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Italy’s Leonardo raises FY orders guidance after strong nine months
ROME (Reuters) -Italy’s state-controlled defence group Leonardo on Thursday raised its full-year guidance after reporting a size..
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Analysis: Energy market turmoil shakes Europe’s green power plan
By Susanna Twidale, Isla Binnie and Kate Abnett (Reuters) – Europe’s plan to roughly double renewable power generation by ..
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World’s top bankers expect markets to stay turbulent
By Xie Yu and Summer Zhen HONG KONG (Reuters) – Central banks will get inflation under control, but there will be turbulence in ..
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Energy crisis putting most German firms under duress -survey
BERLIN (Reuters) -The energy crisis is impacting nearly every branch of the German economy, with the number of companies that see high..
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Russian gold miner Polymetal’s Q3 revenue down 13% y/y
MOSCOW (Reuters) -Polymetal’s third-quarter revenue fell by 13% year on year to $714 million due to accumulated inventory and lo..
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