Headlines

UK credit card borrowing rises by most since 2005 – BoE

UK credit card borrowing rises by most since 2005 – BoE

By David Milliken LONDON (Reuters) – British credit card borrowing grew at the fastest pace since 2005 in the 12 months to July,..

Russia’s Ozon opens Turkish office to help consumer goods flow to home market

Russia’s Ozon opens Turkish office to help consumer goods flow to home market

MOSCOW (Reuters) – Russian e-commerce firm Ozon said on Tuesday it would open a local office in Turkey and make it easier for co..

China’s big cities, from Dalian to Shenzhen, ramp up COVID curbs

China’s big cities, from Dalian to Shenzhen, ramp up COVID curbs

BEIJING/SHENZHEN, China (Reuters) -Several of China’s biggest cities imposed tougher COVID-19 curbs on Tuesday, further crimping..

Britain’s bleak outlook sets sterling to downward spiral

Britain’s bleak outlook sets sterling to downward spiral

By Joice Alves LONDON (Reuters) – Sterling edged lower on Tuesday against the euro and was set for its biggest monthly fall agai..

France’s Iliad’s profits jump as sales grow, adapts to energy costs

France’s Iliad’s profits jump as sales grow, adapts to energy costs

By Valentine Baldassari (Reuters) -French telecoms firm Iliad reported higher half-year core earnings on Tuesday, driven by growth in ..

Baidu revenue contracts but beats estimates on cloud business growth

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..

Australia demands Apple, Meta, Microsoft share anti-abuse steps, threatens fines

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..

Goldman warns UK inflation could top 20% as recession nears

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..

Equinor, Wintershall Dea eye pipeline to capture CO2 under North Sea

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..

UK pubs warn of mass closures without state support on energy bills

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..