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Italy’s competition watchdog probes Google over data portability
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Adverty launches industry-first streaming video technology for In-Play™ ads in partnership with SeenThis
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European shares fall, Italian stocks slide on political worries
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Spain’s Opdenergy plans market debut on July 22
Lloyds offers extra support to 2 million customers as cost rises hit hard
Date: July 14, 2022
By Iain Withers and Sinead Cruise LONDON (Reuters) – Britain’s biggest domestic lender Lloyds Banking Group contacted 2 million of its 26 million customers in May after identifying they could need extra support to cope with soaring food and energy prices and rising debt costs. The UK’s largest mortgage provider outlined options including debt consolidation,...
Fresh COVID wave sweeps Asia, New Zealand warns of pressure on hospitals
Date: July 14, 2022
By Lucy Craymer and Elaine Lies WELLINGTON/TOKYO (Reuters) – A new wave of coronavirus infections is rapidly spreading through Asia, prompting warnings for residents from New Zealand to Japan to take precautions to slow the outbreak and help prevent healthcare systems from being overwhelmed. The renewed surge in cases, mostly of the BA.4/5 Omicron variants,...
Experian first-quarter revenue rises on robust credit demand
Date: July 14, 2022
(Reuters) -Experian reported higher first-quarter total revenue on Thursday, as the world’s largest credit data firm benefited from a robust demand in demand and supply of credit, mainly in North America. While overall demand for credit reports and scores is rising as the global economy emerges from the pandemic, the company now has to battle...
Finnish elevator maker Kone cuts 2022 outlook after weak China sales
Date: July 14, 2022
HELSINKI (Reuters) -Elevator maker Kone on Thursday lowered its sales and profit outlook for this year due to lower-than-expected second quarter sales and weakened new equipment market outlook in China. Lockdowns to curb the spread of coronavirus in China, which accounts for 35% of Kone’s sales, had resulted in net sales declining by close to...
SpaceX Starship booster ‘probably’ returning to pad after explosion -Elon Musk
Date: July 14, 2022
By Joey Roulette WASHINGTON (Reuters) -The Starship rocket booster SpaceX plans to use for an inaugural flight to orbit will “probably” return to its launch mount in Texas next week following a testing explosion on Monday, the company’s chief executive, Elon Musk, told Reuters. “Damage is minor, but booster will be transferred back to the...
Bank of Canada surprises with 100bp rate hike to tame inflation
Date: July 13, 2022
By Julie Gordon and Steve Scherer OTTAWA (Reuters) – The Bank of Canada on Wednesday raised its main interest rate by 100 basis points in a bid to crush inflation, surprising markets and becoming the first G7 country to make such an aggressive hike in this economic cycle. The central bank raised its policy rate...