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Global body urges EU to make company life simpler by aligning climate reporting

Global body urges EU to make company life simpler by aligning climate reporting

By Huw Jones LONDON (Reuters) – The European Union should make extra time to align its policies with international rules on repo..

Botswana awards Norway’s Scatec first large-scale solar plant contract

Botswana awards Norway’s Scatec first large-scale solar plant contract

GABORONE (Reuters) – State-owned Botswana Power Corporation (BPC) has awarded Norwegian company Scatec ASA a contract to build a..

French sugar makers to start output early as energy curbs loom

French sugar makers to start output early as energy curbs loom

By Sybille de La Hamaide PARIS (Reuters) -France’s two largest sugar makers Tereos and Cristal Union will bring forward the star..

Hackers hit Italian oil company Eni’s computer networks

Hackers hit Italian oil company Eni’s computer networks

(Reuters) -Italian oil company Eni’s computer networks were hacked in recent days but the consequences appear to be minor so far..

Russia jobless rate stays at record low of 3.9% in July

Russia jobless rate stays at record low of 3.9% in July

MOSCOW (Reuters) – The number of people unemployed in Russia was 2.9 million in July, or 3.9% of the workforce, with the jobless..

Barclays announces sale of remaining shares in South Africa’s Absa

Barclays announces sale of remaining shares in South Africa’s Absa

LONDON (Reuters) – Barclays will sell its remaining 7.4% stake in South African bank Absa, it said on Wednesday, completing its ..

Turkey’s economy grew 7.6% in Q2 driven by domestic demand, exports

Turkey’s economy grew 7.6% in Q2 driven by domestic demand, exports

By Nevzat Devranoglu and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s economy grew 7.6% year-on-year in the second quarte..

German bonds set for worst month in decades as inflation hits new highs

German bonds set for worst month in decades as inflation hits new highs

By Dhara Ranasinghe LONDON (Reuters) – Germany’s borrowing costs rose to their highest level in over two months on Wednesd..

EU to restrict travel rules for Russians, split on how far to go

EU to restrict travel rules for Russians, split on how far to go

By Sabine Siebold and Robert Muller PRAGUE (Reuters) -The EU’s foreign policy chief on Wednesday urged bickering nations to sett..

UK energy bill help won’t lower inflation, statisticians rule

UK energy bill help won’t lower inflation, statisticians rule

By Andy Bruce LONDON (Reuters) -British government energy bill rebates for households cannot be viewed as lowering inflation, official..

Foreign business travel missing ingredient for Irish hotel recovery – Dalata

Foreign business travel missing ingredient for Irish hotel recovery – Dalata

By Padraic Halpin DUBLIN (Reuters) – Executives at Ireland’s large hub of multinational companies are still only going on ..

Toyota Motor to invest $5.3 billion in Japan, U.S. for EV battery supply

Toyota Motor to invest $5.3 billion in Japan, U.S. for EV battery supply

(Reuters) -Toyota Motor Corp said on Wednesday it would invest up to 730 billion yen ($5.27 billion) in Japan and the United States to..

O’Grady to return to Bank of Ireland as CEO – Irish Times

O’Grady to return to Bank of Ireland as CEO – Irish Times

DUBLIN (Reuters) – Bank of Ireland’s board has selected the group’s former chief financial officer Myles O’Gra..

Parched UAE turns to science to squeeze more rainfall from clouds

Parched UAE turns to science to squeeze more rainfall from clouds

By Abir Ahmar ABU DHABI (Reuters) – As a twin-turboprop aircraft takes off under the burning desert sun with dozens of salt cani..

Schlumberger, Subsea 7 and Aker Solutions to form subsea engineering firm

Schlumberger, Subsea 7 and Aker Solutions to form subsea engineering firm

OSLO (Reuters) – U.S. engineering firm Schlumberger and Norway’s Aker Solutions plan to merge their subsea oil and gas con..

PIMCO cut big position in Russia CDS by adding bonds in Q2

PIMCO cut big position in Russia CDS by adding bonds in Q2

By Davide Barbuscia NEW YORK (Reuters) – PIMCO’s largest investment fund bought Russia government international bonds and ..

Toyota’s July global vehicle output drops again, puts annual target in doubt

Toyota’s July global vehicle output drops again, puts annual target in doubt

(Reuters) -Toyota Motor Corp said on Tuesday its July global vehicle production had fallen 8.6% year-on-year, missing its target for t..

Rate fever propels dollar, wallops stocks and bonds

Rate fever propels dollar, wallops stocks and bonds

By Dhara Ranasinghe and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks slumped on Monday as the growing risk of more aggr..

EEX markets to remain open as power prices soar – statement

EEX markets to remain open as power prices soar – statement

FRANKFURT (Reuters) – The European Energy Exchange said on Monday the bourse would remain open in its transparent price-setting ..

How employee ownership could give your business a boost

How employee ownership could give your business a boost

By Antonio Wedral and Sam Hurley, Co-founder & Chief Strategy Officer – NOVOS Agencies need to be people-first. From staff t..

Swiss watchmakers remain upbeat ahead of Geneva gathering

Swiss watchmakers remain upbeat ahead of Geneva gathering

By Silke Koltrowitz ZURICH (Reuters) – Swiss watchmakers are not seeing signs so far that geopolitical tensions and recession fe..

Sony to buy mobile game developer in push beyond consoles

Sony to buy mobile game developer in push beyond consoles

By Sam Nussey TOKYO (Reuters) – Sony Group Corp on Monday said it will acquire Helsinki and Berlin-based mobile games business S..

Finnair partners with Qatar Airways in search of new routes

Finnair partners with Qatar Airways in search of new routes

  (Reuters) – Finnair will establish a strategic partnership with Qatar Airways to open up new routes from Nordic capitals ..

IKEA stores owner buys 49% stake in Swedish wind power projects

IKEA stores owner buys 49% stake in Swedish wind power projects

STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in t..

Oil rises on prospect of OPEC supply cut, demand growth

Oil rises on prospect of OPEC supply cut, demand growth

By Sonali Paul and Mohi Narayan (Reuters) -Oil prices rose 1% on Monday, as expectations that OPEC would cut output if needed to suppo..

NASA’s next-generation megarocket set for debut test launch to moon

NASA’s next-generation megarocket set for debut test launch to moon

By Joey Roulette and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) – NASA’s colossal next-generation rocketship was set for ..

Johnny Depp makes surprise appearance at MTV’s Video Music Awards

Johnny Depp makes surprise appearance at MTV’s Video Music Awards

By Lisa Richwine (Reuters) – Actor Johnny Depp, who is trying to rebuild his career after an ugly defamation fight with his ex-w..

China July industrial profits down as COVID curbs, heatwaves hit

China July industrial profits down as COVID curbs, heatwaves hit

SHANGHAI (Reuters) -Profits at China’s industrial firms sank in July, reversing previous gains as fresh COVID-19 curbs dragged d..

Sentiment among German exporters falls for third month in a row -Ifo

Sentiment among German exporters falls for third month in a row -Ifo

BERLIN (Reuters) – Sentiment among German exporters fell for the third month in a row in August as high gas prices and a weak gl..

New UK PM will need to take urgent action on energy bills – Ofgem CEO

New UK PM will need to take urgent action on energy bills – Ofgem CEO

LONDON (Reuters) – Britain’s new prime minister will need to act urgently to address the issue of soaring energy prices, t..

UK’s Micro Focus shares nearly double after Canada’s OpenText agrees $6 billion takeover

UK’s Micro Focus shares nearly double after Canada’s OpenText agrees $6 billion takeover

By Eva Mathews and Krystal Hu (Reuters) -Shares of Micro Focus soared more than 90% on Friday after Canadian software company OpenText..

Most of BP’s Whiting refinery units shut following fire -sources

Most of BP’s Whiting refinery units shut following fire -sources

HOUSTON (Reuters) -Most of the units at BP Plc’s 435,000 barrel-per-day Whiting, Indiana, refinery were out of production on Thursday ..

Decision to end ECB reinvestments takes back seat to rate hikes, sources say

Decision to end ECB reinvestments takes back seat to rate hikes, sources say

By Balazs Koranyi JACKSON HOLE, Wyo. (Reuters) – The European Central Bank could soon start talks on ending reinvestments of cas..

Carlsberg’s Poland unit could stop production; lack of CO2 threatens food industry

Carlsberg’s Poland unit could stop production; lack of CO2 threatens food industry

GDANSK (Reuters) -Danish brewery Carlsberg’s subsidiary in Poland could cut or halt beer production due to a lack of carbon diox..

After rescue by Open Arms, 99 migrants wait to dock in Europe

After rescue by Open Arms, 99 migrants wait to dock in Europe

By Juan Medina ABOARD THE OPEN ARMS UNO, off Sicily (Reuters) – Around 30 nautical miles off the coast of Italy’s Sicily, ..

Novartis to spin off generics business Sandoz next year

Novartis to spin off generics business Sandoz next year

By Natalie Grover ZURICH/LONDON (Reuters) -Novartis plans to spin off its underperforming generics unit Sandoz to sharpen its focus on..

Germany signs deal to give ownership of Benin Bronzes to Nigeria

Germany signs deal to give ownership of Benin Bronzes to Nigeria

BERLIN (Reuters) – Germany signed an agreement on Thursday to transfer ownership to Nigeria of the Benin Bronzes, among Africa&#..