Baidu revenue contracts but beats estimates on cloud business growth
(Reuters) -China’s search engine giant Baidu Inc beat quarterly revenue estimates on Tuesday, underpinned by growth in its cloud..
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Australia demands Apple, Meta, Microsoft share anti-abuse steps, threatens fines
By Byron Kaye SYDNEY (Reuters) – An Australian regulator sent legal letters to Facebook owner Meta Platforms, Apple Inc and Micr..
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Goldman warns UK inflation could top 20% as recession nears
LONDON/HONG KONG (Reuters) -Inflation in Britain could exceed 20% early next year if spiralling gas prices fail to come down, economis..
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Equinor, Wintershall Dea eye pipeline to capture CO2 under North Sea
OSLO (Reuters) – Equinor and Wintershall Dea will jointly develop carbon capture and storage projects, the oil firms said on Tue..
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UK pubs warn of mass closures without state support on energy bills
LONDON (Reuters) – Britain’s pub and brewing industry on Tuesday called on the government to outline an urgent support pac..
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Spain August 12-month inflation slows to 10.4% YoY; oil gives a break
(Reuters) – Spanish domestic consumer prices have eased despite remaining high, mainly due to lower fuel prices against a rise i..
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Less than 10% of German gas levy to go to firms that don’t need it, says Habeck
BERLIN (Reuters) – Only a small part of a gas levy on German consumers will benefit companies that are not in danger of a liquid..
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Rouble firms in early Moscow trade, Russian stocks hit 2-month high
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) R..
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Switzerland’s engineering sector urges country to start energy saving now
ZURICH (Reuters) – Switzerland’s mechanical and electrical engineering sector said on Tuesday that businesses and househol..
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Banks lift European bourses as rate hike, recession fears grow
By Anisha Sircar (Reuters) -European shares rose on Tuesday following a two-day slump as banking stocks boosted bourses on the back of..
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