Top Stories
Top Stories
UK housing market keeps momentum but slowdown ahead: Halifax
Top Stories
EU, U.S. step up Russian aluminium, nickel imports since Ukraine war
Top Stories
Analysis-Europe’s banks dim lights as they brace for winter blackout
Top Stories
Russia’s largest lender Sberbank on track to profitability, says CEO
Worst not over for EM currencies as U.S. dollar thunders on: Reuters poll
Date: September 7, 2022
By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – Emerging market currencies will find it difficult to reclaim ground lost this year as relentless Federal Reserve rate hikes and safe-haven demand keep the dollar ascendant, a Reuters poll of currency strategists found. A stampede into the greenback pushed the wider index of emerging market currencies...
China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft
Date: September 7, 2022
By Mathieu Rosemain, Tassilo Hummel and Julie Zhu PARIS/HONG KONG (Reuters) -Tencent Holdings Ltd is raising its stake in Ubisoft Entertainment SA in a deal that values France’s biggest games developer at almost $10 billion, as deep-pocketed Chinese firms continue their overseas search for growth. Interest in the maker of the “Assassin’s Creed” and “Tom...
Ireland to turn heat down in public buildings, shut empty office floors
Date: September 7, 2022
DUBLIN (Reuters) – Ireland will turn the heating down in public buildings and ask public sector office employees to work on the same floor under energy-saving measures set to be approved by the cabinet on Wednesday, Energy Minister Eamon Ryan said. Public buildings – with the exception of social institutions such as hospitals – are...
Transport operator Go-Ahead flags cyber security breach
Date: September 7, 2022
LONDON (Reuters) – British transport operator Go-Ahead said that it had detected “unauthorised activity” on its network earlier in the week, adding that the cyber security incident had no impact on its UK or international rail services. The incident has been notified to relevant regulators, the company said in a statement on Tuesday. (Reporting...
Exclusive-Repsol agrees to sell Alberta oil assets to CPPIB backed-Teine Energy -sources
Date: September 7, 2022
By Shariq Khan (Reuters) – Repsol SA has agreed to sell about 95,000 net acres (38,000 hectares) of oil and gas producing land in Alberta to Canada Pension Plan Investments Board-backed Teine Energy, three sources familiar with the plan told Reuters on Tuesday. The Spanish oil major will fetch up to C$400 million ($304.65 million)...
Ferragamo sales beat forecasts in H1 despite slowdown in China
Date: September 7, 2022
MILAN (Reuters) -Revenues at Italian luxury group Salvatore Ferragamo topped market forecasts in the first half of the year despite a slight slowdown in the second quarter due to COVID-19 restrictions in China. Underpinned by sound growth in Europe and United States, sales rose by 17% at constant exchange rates to 630 million euros ($624...