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World at rising risk of recession as inflation hits consumers

World at rising risk of recession as inflation hits consumers

By Jonathan Cable LONDON (Reuters) – The global economy is increasingly at risk of sliding into recession, surveys showed on Tue..

Dollar slides on contraction in private sector activity

Dollar slides on contraction in private sector activity

By Dhara Ranasinghe LONDON (Reuters) – The dollar pulled back from a fresh two-decade high against the euro on Tuesday after a r..

Euro zone business activity contracted again in Aug, outlook bleak

Euro zone business activity contracted again in Aug, outlook bleak

By Jonathan Cable LONDON (Reuters) -Business activity across the euro zone contracted for a second straight month in August as the cos..

German bond yields at new highs after stronger-than-expected PMIs

German bond yields at new highs after stronger-than-expected PMIs

By Yoruk Bahceli (Reuters) – German bond yields rose on Tuesday to new multi-week highs after data showed euro zone business act..

Apple plans to cut iPhone 14 production lag between China, India – Bloomberg

Apple plans to cut iPhone 14 production lag between China, India – Bloomberg

(Reuters) – Apple Inc plans to start making the iPhone 14 in India about two months after its release out of China, in a move th..

Europe facing its worst drought in 500 years – study

Europe facing its worst drought in 500 years – study

By Philip Blenkinsop BRUSSELS (Reuters) – Europe is facing its worst drought in at least 500 years, with two-thirds of the conti..

Exclusive-Allianz in talks with banks for China asset management venture -sources

Exclusive-Allianz in talks with banks for China asset management venture -sources

By Samuel Shen and Selena Li HONG KONG (Reuters) – Allianz SE is in talks with Chinese banks to set up a majority-owned asset ma..

Hungary pledges legal changes to secure EU recovery funding – govt

Hungary pledges legal changes to secure EU recovery funding – govt

By Krisztina Than and Gabriela Baczynska BUDAPEST (Reuters) – Hungary will amend by the end of October several laws criticised b..

UK to manage water resources carefully as drought continues

UK to manage water resources carefully as drought continues

LONDON (Reuters) -Britain will need to continue to manage water resources carefully over the coming months following the driest summer..

EDF’s minority shareholders scramble to challenge nationalisation price

EDF’s minority shareholders scramble to challenge nationalisation price

By Julien Ponthus PARIS (Reuters) – Minority shareholders in EDF are accelerating their efforts to challenge the price set for t..