Headlines

Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports

Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports

By Elizabeth Howcroft LONDON (Reuters) -Tether, the world’s largest stablecoin, said on Thursday it had appointed accounting fir..

German gas import costs surge 153% in first half as imports drop 24%

German gas import costs surge 153% in first half as imports drop 24%

FRANKFURT (Reuters) – German natural gas import costs rose by 153% in the first six months of 2022 from a year earlier, even tho..

Shares choppy, U.S. yields fall as investors digest Fed minutes

Shares choppy, U.S. yields fall as investors digest Fed minutes

By Chibuike Oguh NEW YORK (Reuters) – Global equity markets were choppy and U.S. Treasury yields fell on Thursday, as uncertaint..

Energy squeeze could see Berlin’s gaslights flicker out

Energy squeeze could see Berlin’s gaslights flicker out

By Thomas Escritt BERLIN (Reuters) – The night has a different colour in parts of Berlin where the streets are lit by gas: the l..

German gas storage levy adds to energy consumers’ woes

German gas storage levy adds to energy consumers’ woes

By Vera Eckert BERLIN (Reuters) -A charge to fund gas imports into Germany to boost national stocks has been set at 0.59 euro per mega..

German bond yields rise after Schnabel fuels inflation worries

German bond yields rise after Schnabel fuels inflation worries

By Stefano Rebaudo (Reuters) -German bond yields rose on Thursday after European Central Bank board member Isabel Schnabel fuelled inf..

Explainer-Could Germany keep its nuclear plants running?

Explainer-Could Germany keep its nuclear plants running?

FRANKFURT (Reuters) – German utilities have said they may operate the country’s three remaining nuclear reactors beyond th..

Dollar bounces as Fed seen keeping up aggressive rate hikes

Dollar bounces as Fed seen keeping up aggressive rate hikes

By Karen Brettell NEW YORK (Reuters) – The U.S. dollar index hit a three-week high on Thursday as investors reevaluated Wednesda..

Russia’s Ochakovo ups soft drink bottling capacity as Western rivals leave

Russia’s Ochakovo ups soft drink bottling capacity as Western rivals leave

MOSCOW (Reuters) – Russian drinks producer Ochakovo on Thursday said it had increased the annual bottling capacity of its CoolCo..

Britain to receive rare LNG cargo from Australia, Oman

Britain to receive rare LNG cargo from Australia, Oman

By Marwa Rashad LONDON (Reuters) -Britain is set to receive a rare shipment of liquefied natural gas (LNG) sourced from Australia and ..

German heat pump bonanza test industry’s resilience in Russian gas crunch

German heat pump bonanza test industry’s resilience in Russian gas crunch

By Thomas Escritt HOLZMINDEN, Germany (Reuters) – In a way, Stiebel Eltron has never had it so good. The heating manufacturer’s ..

Bank of England sets out plans to sell $23 billion corporate bond stockpile

Bank of England sets out plans to sell $23 billion corporate bond stockpile

By David Milliken LONDON (Reuters) – The Bank of England set out plans on Thursday to auction off around 200 million pounds ($24..

Poland’s PGNiG in talks to get more gas from Norway through new Baltic Pipe

Poland’s PGNiG in talks to get more gas from Norway through new Baltic Pipe

WARSAW/GDANSK (Reuters) -Poland’s PGNiG is in advanced talks to source more gas from Norway through the new Baltic Pipe linking ..

Exclusive-China regulator launches new probe into banks’ property loan exposure – sources

Exclusive-China regulator launches new probe into banks’ property loan exposure – sources

By Engen Tham and Ziyi Tang SHANGHAI/BEIJING (Reuters) -China’s banking regulator is scrutinising property loan portfolios of so..

Germany to lower sales tax on gas to 7% in bid to relieve consumers

Germany to lower sales tax on gas to 7% in bid to relieve consumers

BERLIN (Reuters) – Germany will lower the sales tax on gas to 7% in an effort to cushion the blow of additional charges being pl..

Yangtze tributary runs dry as China faces another month of drought

Yangtze tributary runs dry as China faces another month of drought

By Thomas Suen and David Stanway CHONGQING/SHANGHAI (Reuters) -Residents living near a tributary of the Yangtze river in the southwest..

Analysis-U.S. retail traders pile back into options as meme-stock mania flares

Analysis-U.S. retail traders pile back into options as meme-stock mania flares

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Speculative options trading is on the rise again among individual investors alongside ..

Adverty and Yazle announce exclusive in-game ad partnership in MENA region

Adverty and Yazle announce exclusive in-game ad partnership in MENA region

Sponsored Feature Presented by Adverty  Adverty, the leading in-game advertising provider and multi-patent-holding creator of Metavers..

Soccer-European revenues rise 10% in 2020-21 despite COVID

Soccer-European revenues rise 10% in 2020-21 despite COVID

LONDON (Reuters) – European soccer revenues grew by 10% in the 2020-21 season despite most an almost total lack of fans in stadi..

Australia’s top court finds Google not liable for defamation

Australia’s top court finds Google not liable for defamation

SYDNEY (Reuters) – Australia’s highest court overturned on Wednesday a ruling that had found Google engaged in defamation ..

U.S., European banks could lose over $5 billion from risky buyout loans

U.S., European banks could lose over $5 billion from risky buyout loans

By Saeed Azhar, Anirban Sen and Davide Barbuscia NEW YORK (Reuters) -Top U.S. and European banks are facing tougher times in the riski..

India eases Russian oil buying in July, boosts Saudi imports -trade

India eases Russian oil buying in July, boosts Saudi imports -trade

By Nidhi Verma NEW DELHI (Reuters) – India’s crude oil imports from Russia in July fell for the first time since March alo..

Russian Urals crude oil prices jump ahead of EU embargo

Russian Urals crude oil prices jump ahead of EU embargo

By Julia Payne LONDON (Reuters) – Russia’s key crude oil grade, Urals, has been trading at levels not seen in Europe since..

China’s Tencent reports first revenue drop as gaming regulations and COVID-19 bite

China’s Tencent reports first revenue drop as gaming regulations and COVID-19 bite

By Josh Ye HONG KONG (Reuters) -China’s Tencent Holdings suffered its first ever quarterly sales fall on Wednesday, hurt by a go..

Spot prices up on less solar, rising French demand

Spot prices up on less solar, rising French demand

PARIS (Reuters) – European spot power contracts rose on Wednesday, as solar supply in Germany is expected to fall while demand i..

Norway’s wealth fund loses record $174 billion in first half of 2022

Norway’s wealth fund loses record $174 billion in first half of 2022

By Victoria Klesty OSLO (Reuters) -Norway’s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillio..

Analysis-China central bank, under pressure to ease, is hemmed-in by inflation, Fed jitters

Analysis-China central bank, under pressure to ease, is hemmed-in by inflation, Fed jitters

By Kevin Yao BEIJING (Reuters) – China’s central bank is set to take more easing steps, pressured by a shaky economy that ..

European bourses steady as focus remains on key economic data

European bourses steady as focus remains on key economic data

By Anisha Sircar (Reuters) – European shares on Wednesday were little changed amid persisting recession fears, with investors ey..

FTSE 100 subdued as UK inflation hits double digits

FTSE 100 subdued as UK inflation hits double digits

By Sruthi Shankar and Johann M Cherian (Reuters) -UK’s FTSE 100 was muted on Wednesday after data showed inflation hit double di..

Cineworld plunges as lack of blockbusters adds to debt woes

Cineworld plunges as lack of blockbusters adds to debt woes

By Pushkala Aripaka (Reuters) -Cineworld warned on Wednesday a lack of big-budget movies was hitting admissions and would likely persi..

Exclusive-China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources

Exclusive-China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources

SHANGHAI (Reuters) -China’s EVE Energy Co Ltd will supply BMW with large cylindrical batteries for its electric cars in Europe, ..

Norway’s wealth fund loses $174 billion in first half of 2022

Norway’s wealth fund loses $174 billion in first half of 2022

By Victoria Klesty OSLO (Reuters) – Norway’s sovereign wealth fund, the world’s largest, made a loss of 1.68 trillio..

Rohingya refugees in India’s capital to be given flats, security

Rohingya refugees in India’s capital to be given flats, security

By Krishna N. Das NEW DELHI (Reuters) -Rohingya refugees from Myanmar in India’s capital will be allotted apartments and provide..

Analysis: Action wanes at U.N. to isolate Russia almost six months into Ukraine war

Analysis: Action wanes at U.N. to isolate Russia almost six months into Ukraine war

By Michelle Nichols and Emma Farge UNITED NATIONS/GENEVA (Reuters) – On a June night under the chandeliers of Russia’s Uni..

London set for hosepipe ban from Aug. 24 – water company

London set for hosepipe ban from Aug. 24 – water company

LONDON (Reuters) – Thames Water, which serves customers in and around the British capital London, said on Wednesday it was banni..

S.Korea calls for talks as N.Korea test fires missiles

S.Korea calls for talks as N.Korea test fires missiles

By Hyonhee Shin and Soo-hyang Choi SEOUL (Reuters) – Talks with North Korea should not be for political show but contribute to e..

NZ, Aussie dlrs have busy day, Fed minutes loom

NZ, Aussie dlrs have busy day, Fed minutes loom

By Alun John HONG KONG (Reuters) – The Australian and New Zealand dollars were volatile in Asia on Wednesday, before ending up b..