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

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Stocks dive on prospect of US trade curbs; yen jumps

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

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

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...

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...

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...

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...

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...

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...
