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Image for Biden signs bill to boost U.S. chips, compete with China

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Biden signs bill to boost U.S. chips, compete with China

Image for Food Standards Showdown – USA vs the EU

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Food Standards Showdown – USA vs the EU

Image for Dreaded ‘down rounds’ shave billions off startup valuations

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Dreaded ‘down rounds’ shave billions off startup valuations

Image for Airbus delivered 46 jets in July, books big China order

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Airbus delivered 46 jets in July, books big China order

Image for UK issues new ‘extreme heat’ warning for England and Wales

UK issues new ‘extreme heat’ warning for England and Wales

Date: August 9, 2022

By Sachin Ravikumar LONDON (Reuters) -Britain’s weather service on Tuesday issued an amber “Extreme Heat” warning for parts of England and Wales, with no respite in sight from hot dry conditions that have sparked fires, broken temperature records and strained the nation’s infrastructure. The amber warning — the second-most severe after red — will be...

Image for Post pandemic Britons still spend more time working from home – ONS

Post pandemic Britons still spend more time working from home – ONS

Date: August 9, 2022

LONDON (Reuters) – British workers are spending more time working from home compared with pre-pandemic times despite the lifting of COVID-19 restrictions, according to official data released on Tuesday that offered a glimpse of what the ‘new normal’ looks like. In March 2020 the global coronavirus outbreak triggered a radical redesign of swathes of the...

Image for Ukraine halted oil flows to Europe over payment issue, Russia’s Transneft says

Ukraine halted oil flows to Europe over payment issue, Russia’s Transneft says

Date: August 9, 2022

MOSCOW (Reuters) -Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russian pipeline monopoly Transneft said on Tuesday. International benchmark Brent crude jumped by $2 per barrel to trade near $98 as the news added to energy...

Image for Russia puts Iranian satellite into orbit

Russia puts Iranian satellite into orbit

Date: August 9, 2022

MOSCOW (Reuters) -Russia launched an Iranian satellite into orbit on Tuesday from southern Kazakhstan, just three weeks after President Vladimir Putin and Supreme Leader Ayatollah Ali Khamenei pledged to work together against the West. The remote Khayyam sensing satellite, named after the 11th Century Persian poet and philosopher Omar Khayyam, was launched by a Russian...

Image for Factbox-How is Britain’s cost-of-living crisis affecting consumer behaviour?

Factbox-How is Britain’s cost-of-living crisis affecting consumer behaviour?

Date: August 9, 2022

LONDON (Reuters) – As a cost-of-living squeeze on household incomes looks set to worsen in the United Kingdom, here are how consumers are adapting to the rising prices of everything from food to energy: **FOOD: Nine out of 10 Britons say they are increasingly watching what they are spending as sales volumes at supermarkets fell...

Image for Factbox-What help is the UK giving consumers with rising energy bills?

Factbox-What help is the UK giving consumers with rising energy bills?

Date: August 9, 2022

LONDON (Reuters) – British Prime Minister Boris Johnson and the two candidates vying to replace him are under increasing pressure to set out further support for households facing a surge in energy bills to unprecedented levels. The Conservative Party leadership contest between Foreign Secretary Liz Truss and former finance minister Rishi Sunak runs until Sept....