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Image for Netflix’s efforts to grow ad tier in focus as subscriber growth slows

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Netflix’s efforts to grow ad tier in focus as subscriber growth slows

Image for Stocks dive on prospect of US trade curbs; yen jumps

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Stocks dive on prospect of US trade curbs; yen jumps

Image for Britain’s Octopus Energy eyes new onshore wind projects after ban lifted

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Britain’s Octopus Energy eyes new onshore wind projects after ban lifted

Image for BlackRock assets hit record-high $10.65 trillion on ETF flows, rising stocks

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BlackRock assets hit record-high $10.65 trillion on ETF flows, rising stocks

Image for UK building firms face worst recruitment problems, survey shows

UK building firms face worst recruitment problems, survey shows

Date: July 16, 2024

LONDON (Reuters) – Construction and engineering firms are bearing the brunt of Britain’s shortage of workers, according to a survey that underscores the challenge for Prime Minister Keir Starmer to meet his plans to boost home-building and infrastructure. The British Chambers of Commerce’s (BCC) quarterly recruitment survey showed 82% of construction and engineering businesses...

Image for India’s Paytm gets warning from markets regulator for old transactions with banking unit

India’s Paytm gets warning from markets regulator for old transactions with banking unit

Date: July 16, 2024

BENGALURU (Reuters) – Paytm received an administrative warning from India’s markets regulator for certain transactions with its banking unit in the fiscal year 2021-22, the fintech firm said in an exchange filing. The Securities and Exchange board of India (SEBI), in the latter dated July 15, said some transactions between Paytm and the now...

Image for Asian shares fall as China drags, dollar in demand

Asian shares fall as China drags, dollar in demand

Date: July 16, 2024

By Stella Qiu SYDNEY (Reuters) – Asian shares fell on Tuesday as investors pondered the prospect of a Trump victory and what that would mean for China, while the dollar climbed for a second day even though dovish Fed comments fuelled bets of more U.S. rate cuts this year. MSCI’s broadest index of Asia-Pacific...

Image for TotalEnergies, SSE to launch EV charging company in UK and Ireland

TotalEnergies, SSE to launch EV charging company in UK and Ireland

Date: July 16, 2024

By America Hernandez PARIS – French oil major TotalEnergies and UK power firm SSE are seeking to grab a 20% share of the electric vehicle (EV) fast-charging market in Britain and Ireland by launching a joint venture named Source, the companies said on Tuesday. Source, a 50/50 partnership, will deploy and operate up to 3,000...

Image for German 2025 budget draft has a 17 billion euros hole – sources

German 2025 budget draft has a 17 billion euros hole – sources

Date: July 15, 2024

By Maria Martinez, Holger Hansen and Christian Kraemer BERLIN (Reuters) -The German cabinet plans to approve its draft for the 2025 budget on Wednesday, but there is still a gap of 17 billion euros ($18.55 billion) which needs to be filled, finance ministry sources said on Monday. Germany’s coalition government this month clinched a 2025...

Image for Factbox-European companies cut jobs as economy sputters

Factbox-European companies cut jobs as economy sputters

Date: July 15, 2024

(Reuters) – Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain’s Sabadell is seeking 250 job cuts and 36 branch closures, its...