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Stocks and bonds slump, dollar hot as rate fever takes hold

Stocks and bonds slump, dollar hot as rate fever takes hold

By Dhara Ranasinghe and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks slumped on Monday as the growing risk of more aggr..

NASA postpones debut Artemis test flight of new moon rocket after engine snag

NASA postpones debut Artemis test flight of new moon rocket after engine snag

By Joey Roulette and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) -An engine problem forced NASA on Monday to postpone for at least fou..

Germany’s energy bill spirals as Uniper seeks more cash

Germany’s energy bill spirals as Uniper seeks more cash

By Christoph Steitz FRANKFURT (Reuters) – Uniper requested more financial help from the German government on Monday, raising the..

Factbox-The EU’s future according to Scholz: Job-sharing commissioners and majority votes

Factbox-The EU’s future according to Scholz: Job-sharing commissioners and majority votes

PRAGUE (Reuters) – German Chancellor Olaf Scholz outlined his vision for the future of Europe on Monday in a speech at Prague..

Traders ramp up bets on 75 basis-point ECB Sept hike, bond yields jump

Traders ramp up bets on 75 basis-point ECB Sept hike, bond yields jump

By Yoruk Bahceli (Reuters) -Euro zone money markets moved on Monday to price in a two-thirds chance of a large 75 basis-point European..

Belgium supports energy price caps, suspending trading in EU power crunch

Belgium supports energy price caps, suspending trading in EU power crunch

BRUSSELS (Reuters) – Belgium has backed introducing price caps for European Union’s gas and electricity hubs, as well as s..

Dutch wind farm blows away opposition as ‘new millers’ get a stake

Dutch wind farm blows away opposition as ‘new millers’ get a stake

By Esther Verkaik ZEEWOLDE, Netherlands (Reuters) – Authorities in the Dutch city of Zeewolde have opened one of the countryR..

Oil rises on prospect of OPEC+ supply cut

Oil rises on prospect of OPEC+ supply cut

By Alex Lawler LONDON (Reuters) -Oil rose more than 1% on Monday, extending last week’s gain, as potential OPEC+ output cuts and..

Floods, other water-related disasters could cost global economy $5.6 trillion by 2050 -report

Floods, other water-related disasters could cost global economy $5.6 trillion by 2050 -report

By Gloria Dickie LONDON (Reuters) – Worsening droughts, storms and torrential rain in some of the world’s largest economie..

ECB should raise rates at steady pace, chief economist says

ECB should raise rates at steady pace, chief economist says

FRANKFURT (Reuters) -The European Central Bank should raise interest rates at a “steady pace” until the end of its hiking ..

EU may agree tightening visas for Russians, discuss training of Ukraine troops

EU may agree tightening visas for Russians, discuss training of Ukraine troops

By Jan Lopatka and Sabine Siebold PRAGUE (Reuters) -European Union foreign ministers, meeting in Prague on Tuesday and Wednesday, may ..

Russian rouble firms towards 60 vs dollar, stocks up

Russian rouble firms towards 60 vs dollar, stocks up

MOSCOW (Reuters) -The rouble firmed towards 60 against the dollar on Monday, supported by the last month-end tax payments that boost d..

Ericsson, Nokia to wind down Russian operations by year end

Ericsson, Nokia to wind down Russian operations by year end

By Supantha Mukherjee and Alexander Marrow STOCKHOLM/MOSCOW (Reuters) -Ericsson said on Monday it will gradually wind down business ac..

Moscow Exchange hopes for first ‘replacement bond’ issues in September

Moscow Exchange hopes for first ‘replacement bond’ issues in September

By Alexander Marrow MOSCOW (Reuters) -Moscow Exchange, Russia’s largest bourse, said the first issues of so-called “replac..

Pain of breaking inflation will reverberate around the globe

Pain of breaking inflation will reverberate around the globe

By Balazs Koranyi and Howard Schneider JACKSON HOLE, Wyo. (Reuters) -The message from the world’s top finance chiefs is loud and..

Hungary seeks increased gas supplies from Gazprom -foreign minister

Hungary seeks increased gas supplies from Gazprom -foreign minister

BUDAPEST (Reuters) – Hungary will continue talks with Russia on additional gas supplies and expects to reach a deal with Gazprom..

Oil trio’s Northern Lights in Yara CO2 emissions storage deal

Oil trio’s Northern Lights in Yara CO2 emissions storage deal

By Nerijus Adomaitis and Nora Buli STAVANGER, Norway (Reuters) -Norwegian carbon dioxide (CO2) storage company Northern Lights and its..

Swiss watchmakers remain upbeat ahead of Geneva gathering

Swiss watchmakers remain upbeat ahead of Geneva gathering

By Silke Koltrowitz ZURICH (Reuters) – Swiss watchmakers are not seeing signs so far that geopolitical tensions and recession fe..

Sony to buy mobile game developer in push beyond consoles

Sony to buy mobile game developer in push beyond consoles

By Sam Nussey TOKYO (Reuters) – Sony Group Corp on Monday said it will acquire Helsinki and Berlin-based mobile games business S..

Finnair partners with Qatar Airways in search of new routes

Finnair partners with Qatar Airways in search of new routes

  (Reuters) – Finnair will establish a strategic partnership with Qatar Airways to open up new routes from Nordic capitals ..

IKEA stores owner buys 49% stake in Swedish wind power projects

IKEA stores owner buys 49% stake in Swedish wind power projects

STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in t..

Oil rises on prospect of OPEC supply cut, demand growth

Oil rises on prospect of OPEC supply cut, demand growth

By Sonali Paul and Mohi Narayan (Reuters) -Oil prices rose 1% on Monday, as expectations that OPEC would cut output if needed to suppo..

NASA’s next-generation megarocket set for debut test launch to moon

NASA’s next-generation megarocket set for debut test launch to moon

By Joey Roulette and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) – NASA’s colossal next-generation rocketship was set for ..

Johnny Depp makes surprise appearance at MTV’s Video Music Awards

Johnny Depp makes surprise appearance at MTV’s Video Music Awards

By Lisa Richwine (Reuters) – Actor Johnny Depp, who is trying to rebuild his career after an ugly defamation fight with his ex-w..

China July industrial profits down as COVID curbs, heatwaves hit

China July industrial profits down as COVID curbs, heatwaves hit

SHANGHAI (Reuters) -Profits at China’s industrial firms sank in July, reversing previous gains as fresh COVID-19 curbs dragged d..

World Internaut Day: Five tips for surfing the internet safely

World Internaut Day: Five tips for surfing the internet safely

In the UK there are approximately 64 million internet users, with the average person spending an estimated 6 hours and 12 minutes onli..

The lack of women in tech STEMs from a lack of education

The lack of women in tech STEMs from a lack of education

By Amy Moore, Senior Marketing Manager at develop, a leading recruiter to the software engineering community.  There aren..

Analysis-Forget showering, it’s eat or heat for shocked Europeans hit by energy crisis

Analysis-Forget showering, it’s eat or heat for shocked Europeans hit by energy crisis

By Bozorgmehr Sharafedin and Canan Sevgili LONDON (Reuters) – No more ironing, limited oven use and showering at work – Eu..

Investors eye lower Wall Street on Powell nerves

Investors eye lower Wall Street on Powell nerves

By Carolyn Cohn LONDON (Reuters) – U.S. stock futures were indicating a lower open on Wall Street on Friday while world stocks w..

Prince Harry hopes Diana death anniversary will be ‘filled with memories’

Prince Harry hopes Diana death anniversary will be ‘filled with memories’

LONDON (Reuters) – Britain’s Prince Harry said he wished his children could have met his mother Princess Diana and hoped t..

Factbox-Europe’s efforts to shield households from soaring energy costs

Factbox-Europe’s efforts to shield households from soaring energy costs

By Nina Chestney (Reuters) – Europe is facing massive increases in energy bills driven by rocketing gas prices as the war in Ukr..

Dollar dips ahead of Powell speech

Dollar dips ahead of Powell speech

By Iain Withers LONDON (Reuters) – The dollar dipped against other major currencies on Friday, ahead of U.S. Federal Reserve Cha..

Hungary cenbank seen hiking 100 bps to 11.75% next week as inflation surges

Hungary cenbank seen hiking 100 bps to 11.75% next week as inflation surges

By Krisztina Than BUDAPEST (Reuters) – Hungary’s central bank is expected to raise its base interest rate by 100 basis poi..

Funds from electricity levy could help German households, says renewables association

Funds from electricity levy could help German households, says renewables association

BERLIN – A multi-billion-euro account fed by a now-suspended surcharge on electricity prices could be used to provide German hou..

Global equity funds see large outflows on slowdown worries

Global equity funds see large outflows on slowdown worries

(Reuters) – Global equity funds witnessed their biggest weekly capital withdrawals in five weeks in the week to Aug. 24 on conce..

Heavy Norwegian gas maintenance adds to energy price pressure

Heavy Norwegian gas maintenance adds to energy price pressure

By Nora Buli OSLO (Reuters) – Norway, which has overtaken Russia as the biggest gas supplier to Europe in the wake of the war in..

European stocks slip on dour German sentiment survey ahead of Powell speech

European stocks slip on dour German sentiment survey ahead of Powell speech

By Anisha Sircar (Reuters) -European shares slipped on Friday as investors fretted over downbeat German consumer sentiment data due to..