Headlines

Spain August 12-month inflation slows to 10.4% YoY; oil gives a break

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..

Less than 10% of German gas levy to go to firms that don’t need it, says Habeck

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..

Rouble firms in early Moscow trade, Russian stocks hit 2-month high

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..

Switzerland’s engineering sector urges country to start energy saving now

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..

Banks lift European bourses as rate hike, recession fears grow

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..

O’Grady to return to Bank of Ireland as CEO – Irish Times

O’Grady to return to Bank of Ireland as CEO – Irish Times

DUBLIN (Reuters) – Bank of Ireland’s board has selected the group’s former chief financial officer Myles O’Gra..

Parched UAE turns to science to squeeze more rainfall from clouds

Parched UAE turns to science to squeeze more rainfall from clouds

By Abir Ahmar ABU DHABI (Reuters) – As a twin-turboprop aircraft takes off under the burning desert sun with dozens of salt cani..

Schlumberger, Subsea 7 and Aker Solutions to form subsea engineering firm

Schlumberger, Subsea 7 and Aker Solutions to form subsea engineering firm

OSLO (Reuters) – U.S. engineering firm Schlumberger and Norway’s Aker Solutions plan to merge their subsea oil and gas con..

PIMCO cut big position in Russia CDS by adding bonds in Q2

PIMCO cut big position in Russia CDS by adding bonds in Q2

By Davide Barbuscia NEW YORK (Reuters) – PIMCO’s largest investment fund bought Russia government international bonds and ..

Toyota’s July global vehicle output drops again, puts annual target in doubt

Toyota’s July global vehicle output drops again, puts annual target in doubt

(Reuters) -Toyota Motor Corp said on Tuesday its July global vehicle production had fallen 8.6% year-on-year, missing its target for t..