Headlines

Shelling damages Zaporizhzhia nuclear plant’s backup power line -IAEA

Shelling damages Zaporizhzhia nuclear plant’s backup power line -IAEA

By Francois Murphy VIENNA (Reuters) -Shelling on Tuesday damaged a backup power line at the Russian-held Zaporizhzhia nuclear power pl..

China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft

China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft

By Mathieu Rosemain, Tassilo Hummel and Julie Zhu PARIS/HONG KONG (Reuters) -Tencent Holdings Ltd is raising its stake in Ubisoft Ente..

Resilient U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling

Resilient U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar surged to a 24-year peak against the yen and a 37-year high versus sterling..

Europe unveils hi-tech satellite to speed up extreme weather warnings

Europe unveils hi-tech satellite to speed up extreme weather warnings

By Tim Hepher CANNES, France (Reuters) – Europe on Wednesday unveiled the first of a 4 billion euro ($4 billion) family of satel..

Video game maker CD Projekt’s first-half profit beats expectations

Video game maker CD Projekt’s first-half profit beats expectations

(Reuters) -Polish video game maker CD Projekt’s is planning to release one major expansion of its flagship Cyberpunk game, after..

Carrefour unveils 30 euro shopping basket in Spain after government price cut proposal

Carrefour unveils 30 euro shopping basket in Spain after government price cut proposal

MADRID (Reuters) – Supermarket chain Carrefour will sell Spanish consumers a basket of 30 basic goods for 30 euros, the company ..

Chevron considering rail transport for Kazakhstan oil, CEO says

Chevron considering rail transport for Kazakhstan oil, CEO says

(Reuters) – Chevron Corp. is working with the Kazakhstan government to assure oil flows from the landlocked country’s fiel..

T-Mobile sells wireline business to Cogent for $1, expects hefty charge

T-Mobile sells wireline business to Cogent for $1, expects hefty charge

By Yuvraj Malik (Reuters) – T-Mobile US Inc is doubling down on 5G services after it struck a deal on Wednesday to sell its wire..

Tod’s sales rise 17% in first half of year

Tod’s sales rise 17% in first half of year

MILANO (Reuters) – Sales at Italian fashion group Tod’s rose by 17% in the first half of the year, broadly in line with ma..

Greece considers listing 30% stake in Athens airport

Greece considers listing 30% stake in Athens airport

ATHENS (Reuters) -Greece is considering listing a 30% stake in Athens International Airport, a government official said on Wednesday, ..

Greece considers listing 30% stake in Athens airport

Greece considers listing 30% stake in Athens airport

ATHENS (Reuters) -Greece is considering listing a 30% stake in Athens International Airport, a government official said on Wednesday, ..

UK’s finance minister sets out new economic approach to finance bosses

UK’s finance minister sets out new economic approach to finance bosses

LONDON (Reuters) – Britain’s finance minister Kwasi Kwarteng said on Wednesday he had set out the new Prime Minister Liz T..

BoE’s Bailey speaks about surging inflation and rate hikes

BoE’s Bailey speaks about surging inflation and rate hikes

LONDON (Reuters) – Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to lawmake..

Murmurs of ‘sterling crisis’ no longer fanciful: Mike Dolan

Murmurs of ‘sterling crisis’ no longer fanciful: Mike Dolan

By Mike Dolan LONDON (Reuters) – Even though fears of another “sterling crisis” have been wide of the mark for decad..

Europe’s alternatives if Russia shuts off gas supply

Europe’s alternatives if Russia shuts off gas supply

(This September 2 story corrects to show Germany plans to build five LNG terminals not two) By Nina Chestney LONDON – The Nord S..

Finnair to cut costs, reduce fleet to return profitable

Finnair to cut costs, reduce fleet to return profitable

(Corrects to read Wednesday (not Monday), paragraph 1) HELSINKI (Reuters) – Finnair will reduce its fleet, cut costs and seek to..

UK housing market keeps momentum but slowdown ahead: Halifax

UK housing market keeps momentum but slowdown ahead: Halifax

LONDON (Reuters) -British house prices rose in August although a torrid economic outlook spells trouble for the housing market in the ..

EU, U.S. step up Russian aluminium, nickel imports since Ukraine war

EU, U.S. step up Russian aluminium, nickel imports since Ukraine war

By Eric Onstad LONDON (Reuters) -The European Union and United States have ramped up buying key industrial metals from Russia, data sh..

Analysis-Europe’s banks dim lights as they brace for winter blackout

Analysis-Europe’s banks dim lights as they brace for winter blackout

By Sinead Cruise and Iain Withers LONDON (Reuters) – Some of Europe’s biggest banks are preparing back-up generators and t..

Russia’s largest lender Sberbank on track to profitability, says CEO

Russia’s largest lender Sberbank on track to profitability, says CEO

By Alexander Marrow VLADIVOSTOK, Russia (Reuters) -Russia’s top lender Sberbank is on track to profitability and expects positiv..

Worst not over for EM currencies as U.S. dollar thunders on: Reuters poll

Worst not over for EM currencies as U.S. dollar thunders on: Reuters poll

By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – Emerging market currencies will find it difficult to reclaim..

China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft

China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft

By Mathieu Rosemain, Tassilo Hummel and Julie Zhu PARIS/HONG KONG (Reuters) -Tencent Holdings Ltd is raising its stake in Ubisoft Ente..

Ireland to turn heat down in public buildings, shut empty office floors

Ireland to turn heat down in public buildings, shut empty office floors

DUBLIN (Reuters) – Ireland will turn the heating down in public buildings and ask public sector office employees to work on the ..

Transport operator Go-Ahead flags cyber security breach

Transport operator Go-Ahead flags cyber security breach

LONDON (Reuters) – British transport operator Go-Ahead said that it had detected “unauthorised activity” on its netw..

Exclusive-Repsol agrees to sell Alberta oil assets to CPPIB backed-Teine Energy -sources

Exclusive-Repsol agrees to sell Alberta oil assets to CPPIB backed-Teine Energy -sources

By Shariq Khan (Reuters) – Repsol SA has agreed to sell about 95,000 net acres (38,000 hectares) of oil and gas producing land i..

Ferragamo sales beat forecasts in H1 despite slowdown in China

Ferragamo sales beat forecasts in H1 despite slowdown in China

MILAN (Reuters) -Revenues at Italian luxury group Salvatore Ferragamo topped market forecasts in the first half of the year despite a ..

Europe power firms need 1.5 trillion euros in margin calls, Equinor says

Europe power firms need 1.5 trillion euros in margin calls, Equinor says

By Marwa Rashad LONDON (Reuters) -European energy companies need at least 1.5 trillion euros ($1.5 trillion) to cover the cost of thei..

Factbox-Europe’s travel disruption set to continue as summer ends

Factbox-Europe’s travel disruption set to continue as summer ends

(Reuters) – Strikes and staff shortages have forced airlines to cancel thousands of flights to avoid hours-long queues at major ..

Britain’s Lloyds racks up $350 million of likely scam COVID loans

Britain’s Lloyds racks up $350 million of likely scam COVID loans

By Lawrence White and Iain Withers LONDON (Reuters) -Lloyds Banking Group has been hit by more than 300 million pounds ($348 million) ..

Low-carbon bitcoin? Crypto miners’ green power talk angers Texas locals

Low-carbon bitcoin? Crypto miners’ green power talk angers Texas locals

By Avi Asher -Schapiro CORSICANA, Texas (Thomson Reuters Foundation) – As temperatures crept above 100 degrees Fahrenheit (37.8C..

Factbox-Hurdles for Germany’s planned nuclear winter reserve

Factbox-Hurdles for Germany’s planned nuclear winter reserve

(Reuters) – Germany wants to keep two southern nuclear plants, Isar 2 and Neckarwestheim 2 open in reserve mode beyond their sch..

Volkswagen’s Antlitz: no comment on valuation of Porsche listing

Volkswagen’s Antlitz: no comment on valuation of Porsche listing

BERLIN (Reuters) – Volkswagen Chief Financial Officer Arno Antlitz would not comment on what the valuation of a Porsche listing ..

Norsk Hydro keeps some aluminium capacity offline due to weaker demand

Norsk Hydro keeps some aluminium capacity offline due to weaker demand

OSLO (Reuters) – Norwegian aluminium maker Norsk Hydro is keeping a small portion of its capacity in Norway offline after mainte..

Binance to convert users’ USD Coin into its own stablecoin

Binance to convert users’ USD Coin into its own stablecoin

By Shivani Tanna and Elizabeth Howcroft (Reuters) -Binance, the world’s largest crypto exchange, said on Monday it will automati..

Siemens Energy to rejoin Germany’s blue-chip DAX, HelloFresh to exit

Siemens Energy to rejoin Germany’s blue-chip DAX, HelloFresh to exit

FRANKFURT (Reuters) – Germany’s Siemens Energy will rejoin the nation’s premier DAX stock index, while the meal-kit ..

Ireland fines Instagram a record $400 million over children’s data

Ireland fines Instagram a record $400 million over children’s data

DUBLIN (Reuters) -Ireland’s data privacy regulator has agreed to levy a record fine of 405 million euros ($402 million) against ..

UniCredit sets out $8 billion aid package for Italy clients hit by surging prices

UniCredit sets out $8 billion aid package for Italy clients hit by surging prices

By Valentina Za MILAN (Reuters) -Italy’s second-biggest bank, UniCredit, on Monday unveiled a set of measures worth up to 8 bill..