Bitcoin-sterling volumes spike to record high as British currency flounders
By Elizabeth Howcroft LONDON (Reuters) – Trading volumes between the British pound and the cryptocurrency bitcoin spiked to a re..
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PIMCO CIO says UK market chaos not systemic but will have global impact
(Corrects name of conference to Delivering Alpha in first paragraph) WASHINGTON (Reuters) – The collapse of the British pound an..
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Finland watching its waters closely after gas pipeline blasts, PM says
HELSINKI (Reuters) – Finland is watching its territorial waters very closely following explosions of two Nord Stream gas pipelin..
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Italy slashes 2023 growth forecast but sees public finances improving
By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Mario Draghi’s outgoing Italian government on Wednesday slashed next ye..
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Amazon.com unveils device that tracks breath while sleeping
(Reuters) -Amazon.com Inc on Wednesday announced a contactless gadget that can monitor people’s sleep, along with updates to its..
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Explainer-Why is Bank of England acting again? What next in the UK crisis?
LONDON (Reuters) – Britain’s central bank resorted to buying bonds again on Wednesday in an emergency move to reduce the c..
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UK housing market may face perfect storm as mortgage rates rise, house prices drop
By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a likely slowdown in economic gr..
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Britain’s market rout stokes contagion fears around the globe
By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – The scale and speed of the sell-off in British ..
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Chile authorities scour mountains for missing British astronomer
By Natalia A. Ramos Miranda SANTIAGO (Reuters) – Chile authorities on Wednesday were scouring an arid mountainous region of the ..
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Apple falls on fears of slowing iPhone 14 demand
By Medha Singh and Nivedita Balu (Reuters) -Apple Inc shares fell more than 4% on Wednesday after a report that the tech giant was dit..
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Lilium aims to build 400 air taxis a year, seek grants
PARIS (Reuters) – German air taxi developer Lilium Air Mobility plans to set up industrial capacity to make some 400 of its elec..
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What is known so far about the Nord Stream gas pipeline leaks
By Nina Chestney LONDON (Reuters) – Three unexplained gas leaks detected in the Nord Stream 1 and 2 pipelines from Russia to Ger..
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Bank of England statement on purchase of long-dated bonds
LONDON (Reuters) – The Bank of England said on Wednesday it would start a temporary programme of bond purchases to stabilise the..
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Boohoo says exposure to sterling plunge is limited – finance chief
LONDON (Reuters) – British online fashion retailer Boohoo said on Wednesday its exposure to the recent plunge in the value of th..
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Lego posts strong growth on robust demand, new store openings
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego on Wednesday posted double-digit sales growth in the first half of the ye..
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Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets
By Lucy Raitano and Andres Gonzalez LONDON (Reuters) – Porsche’s landmark listing is defying market turmoil giving a welco..
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Inflation weighs on consumer morale in euro zone’s big three economies
BERLIN (Reuters) -Consumer morale was down across the euro zone’s three largest economies as high inflation shows no sign of rel..
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Drinks group Pernod hires former Kering executive Oudinot for new unit
PARIS (Reuters) – French drinks group Pernod said it had hired Nicolas Oudinot, a former leading executive at luxury goods fashi..
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Stocks hit two-year lows, sterling comes under fire
By Wayne Cole and Amanda Cooper LONDON/SYDNEY (Reuters) – World shares sank to two-year lows on Wednesday, hammered by spirallin..
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Apple drops plan to boost iPhone production as demand falters-Bloomberg
(Reuters) -Apple Inc is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed..
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White House’s Deese, asked about UK economic plans, stresses ‘fiscal prudence’
By Andrea Shalal WASHINGTON (Reuters) -White House economic adviser Brian Deese said on Tuesday he was not surprised by the negative r..
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Meta says it removes China-based propaganda operation targeting U.S. midterms
By Katie Paul (Reuters) -Meta Platforms said on Tuesday it disrupted the first known China-based influence operation focused on target..
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British health officials warn of difficult winter with flu and COVID
LONDON (Reuters) – British health officials on Wednesday warned that increased circulation of flu and a resurgence in COVID-19 c..
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U.S. VP Harris to push against China’s Taiwan policy in Japan speech
By Trevor Hunnicutt TOKYO (Reuters) – U.S. Vice President Kamala Harris is expected to take aim at China’s actions toward ..
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Jaguar Land Rover sets out to train workers, dealers for EV world
By Nick Carey LONDON (Reuters) – Luxury British carmaker Jaguar Land Rover said on Wednesday it would retrain 29,000 employees a..
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Factbox-Companies cut jobs, freeze hiring to prepare for economic slowdown
(Reuters) – Technology companies, crypto exchanges and financial firms are cutting jobs and slowing hiring as global economic gr..
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EU draft rules to make it easier to sue drone makers, AI systems
By Foo Yun Chee BRUSSELS (Reuters) – Individuals and companies that suffer harm from drones, robots and other products or servic..
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Marketing vacancies experience encouraging growth
Monday, 26 September 2022 New data reveals that there were 40% more marketing vacancies in the first half of 2022 as opposed to..
Business
New coins, banknotes, stamps and cypher for Britain’s King Charles
LONDON (Reuters) – Britain will gradually see coins, banknotes and stamps bearing the image of King Charles, while the new monar..
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Mickey, a commodities technology startup, joins forces with MaterialsXchange to create industry’s leading exchange for lumber
Partnership to amplify and accelerate Mickey’s growth and further diversify its business Mickey, a technology startup that brings t..
Business
Ireland dips into budget surplus to ease cost of living squeeze
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) -Ireland dipped into one of Europe’s few budget surpluses to fund higher-..
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Streaming wars set to intensify as over a quarter (29%) of UK consumers consider cancelling TV/Video streaming subscriptions to help make ends meet – quantilope study
‘Subscription squatters’ – more than half have free access to at least one streaming media app through sharing another subscri..
Finance
PINF and NewsNow team up to support ‘new era’ in local news
Friday 23 September 2022 The Public Interest News Foundation (PINF) has announced a partnership with NewsNow, the UK’s in..
News
Random branding on apparel: A hot trend powered by heat transfer technology
By Jeremy Bauer, General Manager of Embelex, Avery Dennison This summer’s music festival finery included a range o..
Technology
6CATSPRO launches new accreditation to help recruiters demonstrate international compliance
Wednesday 21 September 2022 Setting up a trade body for international management companies is highly impractical, due to..
Business
Avantgarde London continues growth trajectory with two new senior hires
Global experience agency Avantgarde announces the arrival of new Client Services Director and Creative Director London, 2..
Business
What ‘Who Wants To Be A Millionaire?’ can teach us about social media marketing
By James Urquhart, managing director of Let’s Run Marketing. Having returned for season 38 earlier this month, the ITV hit series ‘Who W..
Technology