Top Stories

Image for European bourses steady as focus remains on key economic data

Top Stories

European bourses steady as focus remains on key economic data

Image for FTSE 100 subdued as UK inflation hits double digits

Top Stories

FTSE 100 subdued as UK inflation hits double digits

Image for Cineworld plunges as lack of blockbusters adds to debt woes

Top Stories

Cineworld plunges as lack of blockbusters adds to debt woes

Image for Exclusive-China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources

Top Stories

Exclusive-China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources

Image for Norway’s wealth fund loses $174 billion in first half of 2022

Norway’s wealth fund loses $174 billion in first half of 2022

Date: August 17, 2022

By Victoria Klesty OSLO (Reuters) – Norway’s sovereign wealth fund, the world’s largest, made a loss of 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022, it said on Wednesday, as stocks and bonds were hit by global recession fears and rampant price inflation. The $1.3 trillion fund’s return on investment was...

Image for Rohingya refugees in India’s capital to be given flats, security

Rohingya refugees in India’s capital to be given flats, security

Date: August 17, 2022

By Krishna N. Das NEW DELHI (Reuters) -Rohingya refugees from Myanmar in India’s capital will be allotted apartments and provided with police protection, a government minister said on Wednesday, signalling a change in the stance towards members of the Muslim minority. “India has always welcomed those who have sought refuge,” Minister for Housing and Urban...

Image for Analysis: Action wanes at U.N. to isolate Russia almost six months into Ukraine war

Analysis: Action wanes at U.N. to isolate Russia almost six months into Ukraine war

Date: August 17, 2022

By Michelle Nichols and Emma Farge UNITED NATIONS/GENEVA (Reuters) – On a June night under the chandeliers of Russia’s United Nations mission in New York, dozens of U.N. ambassadors from Africa, the Middle East, Latin America and Asia attended a reception to mark the country’s national day – less than four months after its forces...

Image for London set for hosepipe ban from Aug. 24 – water company

London set for hosepipe ban from Aug. 24 – water company

Date: August 17, 2022

LONDON (Reuters) – Thames Water, which serves customers in and around the British capital London, said on Wednesday it was banning customers from using a hosepipe from Aug. 24, citing prolonged dry weather. Britain officially declared a drought in parts of England on Friday following England’s driest July in nearly 90 years, a month in...

Image for S.Korea calls for talks as N.Korea test fires missiles

S.Korea calls for talks as N.Korea test fires missiles

Date: August 17, 2022

By Hyonhee Shin and Soo-hyang Choi SEOUL (Reuters) – Talks with North Korea should not be for political show but contribute to establishing peace, South Korean President Yoon Suk-yeol said on Wednesday, just hours after the North test fired two cruise missiles into the sea. Speaking at a wide-ranging news conference to mark his first...

Image for NZ, Aussie dlrs have busy day, Fed minutes loom

NZ, Aussie dlrs have busy day, Fed minutes loom

Date: August 17, 2022

By Alun John HONG KONG (Reuters) – The Australian and New Zealand dollars were volatile in Asia on Wednesday, before ending up back near where they started, providing some excitement ahead of the release of minutes of the U.S. Federal Reserve’s latest meeting later in the day. The kiwi jumped to as high as $0.6383...