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Image for Britain’s bleak outlook sets sterling to downward spiral

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Britain’s bleak outlook sets sterling to downward spiral

Image for China’s big cities, from Dalian to Shenzhen, ramp up COVID curbs

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China’s big cities, from Dalian to Shenzhen, ramp up COVID curbs

Image for Pakistan floods add to pain for struggling small businesses

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Pakistan floods add to pain for struggling small businesses

Image for For refugees in Cameroon, digital IDs are a life changer

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For refugees in Cameroon, digital IDs are a life changer

Image for Banks, oil majors lift British shares higher

Banks, oil majors lift British shares higher

Date: August 30, 2022

By Bansari Mayur Kamdar and Johann M Cherian (Reuters) -UK’s FTSE 100 reversed early losses on Tuesday, as banks and energy stocks bounced back after a rough selloff in the blue-chip index last week on fears more aggressive interest rate hikes from central banks may lead to a global economic slowdown. The FTSE 100 index...

Image for Banks lift European bourses as rate hike, recession fears grow

Banks lift European bourses as rate hike, recession fears grow

Date: August 30, 2022

By Anisha Sircar (Reuters) -European shares rose on Tuesday following a two-day slump as banking stocks boosted bourses on the back of higher interest rate expectations, though fears around a burgeoning energy crisis and looming recession kept gains in check. The pan-European STOXX 600 rose 1.0%, after a sell-off of about 2.5% over the last...

Image for Spain August 12-month inflation slows to 10.4% YoY; oil gives a break

Spain August 12-month inflation slows to 10.4% YoY; oil gives a break

Date: August 30, 2022

(Reuters) – Spanish domestic consumer prices have eased despite remaining high, mainly due to lower fuel prices against a rise in power prices, preliminary data from the National Statistics Institute (INE) showed on Tuesday. The figure stood at 10.4% year-on-year in August, down from 10.8% the previous month. The reading was lower than the 10.9%...

Image for Switzerland’s engineering sector urges country to start energy saving now

Switzerland’s engineering sector urges country to start energy saving now

Date: August 30, 2022

ZURICH (Reuters) – Switzerland’s mechanical and electrical engineering sector said on Tuesday that businesses and households need to start energy savings immediately and called for more government support to help companies weather surging power costs. Last week Switzerland set a voluntary gas savings target of 15% for the winter as Europe faces a potential gas...

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

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

Date: August 30, 2022

DUBLIN (Reuters) – Bank of Ireland’s board has selected the group’s former chief financial officer Myles O’Grady to become its next chief executive, just months after he left the lender, the Irish Times reported on Tuesday, citing unnamed sources. Francesca McDonagh, who was named chief operating officer at Credit Suisse last week, announced in April...

Image for Opening Keynote Speaker for Big Data London (21-22 September 2022) announced as Zhamak Deghani – founder of the Data Mesh concept

Opening Keynote Speaker for Big Data London (21-22 September 2022) announced as Zhamak Deghani – founder of the Data Mesh concept

Date: August 30, 2022

Sponsored Feature Presented by Big Data LDN Headline Keynote Speaker will be Matt Parker, the Stand-up Mathematician Registration for the UK’s leading data and analytics event open now Richmond, Surrey, UK; 25 August 2022 – Visitor registration has opened for Big Data LDN (London) – the UK’s leading data and analytics event, organised by RX (Reed Exhibitions Ltd). The...