Top Stories
Top Stories
Central bankers head to U.S. mountains with a bad case of inflation reflux
Top Stories
UK gas producers boost domestic output by 26% in first half of 2022
Top Stories
Russian stocks to pare some heavy losses by year-end – Reuters poll
Top Stories
NASA poised for historic Artemis I lunar launch from Florida
Analysis-‘New shock’ for European markets as gas price spike fuels inflation fears
Date: August 24, 2022
By Tommy Wilkes, Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – Another dramatic spike in natural gas prices appears to have ended any hopes that Europe’s inflation battle is set to ease, with financial markets now bracing for higher prices, a faster pace of interest rate hikes and a deeper economic downturn. Just a few...
Soccer-Everton edge Fleetwood in League Cup for first win of season, Fulham out
Date: August 24, 2022
LONDON (Reuters) -Everton avoided any slip-up as they beat third-tier Fleetwood Town 1-0 in the League Cup second round to claim their first win of the season on Tuesday. Frank Lampard’s struggling side were one of 10 Premier League clubs in action across 21 ties and edged through to round three thanks to Demarai Gray’s...
Single broadband network is ‘right step’ for Italy, Vivendi says
Date: August 24, 2022
MILAN (Reuters) -Creating a single broadband network is “the right step” for Italy, Telecom Italia’s (TIM) biggest investor Vivendi said on Tuesday. “It has taken many years, but now we can be at a turning point,” Vivendi Chief Executive Arnaud de Puyfontaine said at a conference in Rimini. “We want to be proactive to create...
Nissan to cease producing cylinder heads for Renault from 2024
Date: August 24, 2022
PARIS (Reuters) – Nissan said it would stop production of cylinder heads for French car maker Renault at its plant in Sunderland, northern England, from early 2024, adding it did not expect this move to result in job losses. “From early 2024, Nissan Sunderland Plant will cease production of cylinder heads on site. We do...
Exclusive-Norway eyes high gas output until 2030, says energy minister
Date: August 23, 2022
By Nora Buli and Nerijus Adomaitis OSLO (Reuters) – Norway plans to maintain its current high gas production level until the end of the decade as Europe plans to ditch Russian imports over Moscow’s invasion of Ukraine, its energy minister said on Tuesday. “I expect that we can maintain the production levels we are at...
World at rising risk of recession as inflation hits consumers
Date: August 23, 2022
By Jonathan Cable LONDON (Reuters) – The global economy is increasingly at risk of sliding into recession, surveys showed on Tuesday, as consumers faced with generation-high inflation rein in spending while central banks are tightening policy aggressively just when support is needed. And supply chains yet to recover from the coronavirus pandemic have been further...