Author Archives: Syndicated Content
South Africa’s Eskom to resume power cuts after 11-day pause
JOHANNESBURG (Reuters) - South African power utility Eskom said it would implement "Stage 2" scheduled power cuts from 1600 until midnight local time (1400 to 2200 GMT) on Wednesday and Thursday due t...
Aug 03, 2022
‘The turbine works’: Germany’s Scholz points finger at Russia in energy row
MUELHEIM AN DER RUHR, Germany (Reuters) - German Chancellor Olaf Scholz on Wednesday blamed Moscow for delays in the return of gas turbine for the Nord Stream 1 pipeline that had been serviced in Cana...
Aug 03, 2022
EU securities watchdog to arm itself with crypto data
By Huw Jones LONDON (Reuters) - The European Union's securities watchdog has begun preparations for increased scrutiny of crypto transactions after the bloc agreed groundbreaking rules to regulate wha...
Aug 03, 2022
Euro zone business activity contracted in July as customers stayed home
LONDON (Reuters) - Business activity in the euro zone contracted slightly in July for the first time since early last year as consumers reined in spending amid a cost-of-living crisis, according to a ...
Aug 03, 2022
UK Conservative Party enhance security around ballot for leadership
LONDON (Reuters) - Britain's ruling Conservative Party said on Wednesday it had enhanced security around the ballot process to decide its next leader, who will replace Boris Johnson as prime minister....
Aug 03, 2022
French services growth slowed less than first forecast in July -final PMI
PARIS (Reuters) - Growth in France's services sector weakened by less than initially expected in July, yet inflationary pressures were likely to weigh in the near-term on the euro zone's second-bigges...
Aug 03, 2022
No worries about U.S. demand for now, Japan’s Subaru says
By Satoshi Sugiyama TOKYO (Reuters) - Japan's Subaru Corp expects strong demand from U.S. car buyers to continue, a senior executive said on Wednesday, amid growing concern about a slowdown in the wor...
Aug 03, 2022
Inflation, gas supply concerns end German services sector rebound -PMI
BERLIN (Reuters) - Germany's services sector saw its six-month expansion come to an end in July as higher prices and growing concerns over gas supplies put the brakes on a post-lockdown rebound, a sur...
Aug 03, 2022
Italy service sector contracts in July – PMI
ROME (Reuters) - Italy's services sector contracted in July for the first time since January as new business fell and inflationary pressures rose, a survey showed on Wednesday. S&P Global's Purchasing...
Aug 03, 2022
PayPal registers to Indonesia’s licensing rules, access unblocked
JAKARTA (Reuters) - U.S. payments firm PayPal has registered as an electronic systems operator in Indonesia and its customers can now access its services, the company said on Wednesday. PayPal was one...
Aug 03, 2022
