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Dollar slides on contraction in private sector activity
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Euro zone business activity contracted again in Aug, outlook bleak
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German bond yields at new highs after stronger-than-expected PMIs
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Apple plans to cut iPhone 14 production lag between China, India – Bloomberg
Europe facing its worst drought in 500 years – study
Date: August 23, 2022
By Philip Blenkinsop BRUSSELS (Reuters) – Europe is facing its worst drought in at least 500 years, with two-thirds of the continent in a state of alert or warning, reducing inland shipping, electricity production and the yields of certain crops, a European Union agency said on Tuesday. The August report of the European Drought Observatory...
Exclusive-Allianz in talks with banks for China asset management venture -sources
Date: August 23, 2022
By Samuel Shen and Selena Li HONG KONG (Reuters) – Allianz SE is in talks with Chinese banks to set up a majority-owned asset management venture in the world’s second-largest economy, two people with direct knowledge of the matter said, aiming to tap a $4.3 trillion market for wealth products. The German insurer’s main asset...
New Research from impact.com Shows Shifting Power Dynamic that Puts Influencers at the Centre of the Brand-Consumer Relationship
Date: August 23, 2022
Sponsored Feature Presented by impact impact.com, in partnership with WARC, examines how the pandemic-driven growth of influencer marketing has accelerated influencers’ role in the consumer journey London, UK – Aug 23rd 2022 – impact.com, the leading partnership management platform, in partnership with WARC, an international marketing intelligence company, today released an in-depth research report on...
Adnami secures series A funding from QNTM Group
Date: August 23, 2022
Sponsored Feature Presented by Adnami The investment is designed to accelerate Adnami’s steep growth trajectory as it continues to revolutionise programmatic, high impact advertising London, UK, 23rd August, 2022: Following its rapid growth across the Nordics and throughout Europe, leading ad tech company Adnami today announces that it has secured series A growth funding from...
Hungary pledges legal changes to secure EU recovery funding – govt
Date: August 23, 2022
By Krisztina Than and Gabriela Baczynska BUDAPEST (Reuters) – Hungary will amend by the end of October several laws criticised by the European Commission if an agreement on financial aid is reached with the EU executive, Prime Minister Viktor Orban’s chief of staff said on Tuesday. The Commission has been withholding its approval for Hungary...
UK to manage water resources carefully as drought continues
Date: August 23, 2022
LONDON (Reuters) -Britain will need to continue to manage water resources carefully over the coming months following the driest summer for 50 years and should begin planning now for potential water shortfalls in 2023, the National Drought Group said on Tuesday. The group, made up of government officials, water companies, and environmental groups, said there...