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 2022-08-17 08:48 

Reuters

Sterling struggles as double-digit inflation deepens growth fears...

The British pound was steady on Wednesday as data showed inflation climbed to its highest level in more than four decades in July, heaping pressure on the Bank of England to bring down prices but increasing the risk of a sharper economic slowdown....

 2022-08-17 08:47 

UPI

Another set of human remains found in Lake Mead amid drought...

Another set of human remains has been discovered in Lake Mead, officials said, marking the fifth time since May that such a discovery has been made in the lake as it experiences historically low water levels....

 2022-08-17 08:47 

Reuters

UK house price growth slows sharply to 7.8% in June - ONS...

British house prices rose in June by 7.8% in annual terms, the weakest increase since July last year, which was immediately after the scaling back of a COVID-19 emergency tax break for house-buyers, official data showed on Wednesday....

 2022-08-17 08:41 

Reuters

Crypto.com gets UK regulatory approval...

Singapore-based cryptocurrency platform Crypto.com has registered with Britain's financial services regulator, the company said in a statement on Wednesday....

 2022-08-17 08:37 

Reuters

Tencent reports its first-ever revenue drop as regulations and COVID-19 bite...

China's Tencent Holdings reported on Wednesday its first ever quarterly sales fall, hurt by a lack of game approvals and regulations that limit playing time, as well as COVID-19 lockdowns and a weak economy that squeezed ad sales....

 2022-08-17 08:33 

Reuters

Russia's daily COVID cases cross 30,000 for first time since mid-March...

Russia reported 33,106 new daily coronavirus cases on Wednesday, authorities said, the highest figure since mid-March this year....

 2022-08-17 08:24 

Reuters

Nikkei ends above 29,000 for first time in seven months on Wall Street rally...

Japan's Nikkei ended above the key psychological level of 29,000 on Wednesday for the first time in more than seven months, after an overnight Wall Street rally in major indexes following robust earnings by U.S. retailers....

 2022-08-17 08:22 

Reuters

Eastward gas flows via Yamal-Europe pipeline rise...

Gas flows eastbound through the Yamal-Europe pipeline to Poland from Germany rose on Wednesday, data showed, while flows via Nord Stream 1 from Russia remained steady....

 2022-08-17 08:19 

Reuters

Santos confident Australia will not trigger gas export curbs...

Santos does not expect the Australian government to curb exports from the country's three east coast liquefied natural gas (LNG) plants, as the owners will find a way to supply enough fuel to the domestic market to avert a forecast shortfall....

 2022-08-17 08:19 

Reuters

EU parliament to help probe 'inexcusable' spying on Greek member...

The European Parliament will cooperate with Greek authorities to investigate "intolerable and inexcusable" state spying on a Greek EU lawmaker, the spokesman for the head of the chamber said of the bloc's latest espionage scandal....

 2022-08-17 08:18 

Reuters

'Peak inflation' ambiguous for dollar...

The new-found "peak inflation" narrative has buoyed U.S. stock markets and lifted the dollar - but the durability of the more puzzling currency move relies more on how the inflation picture plays out beyond U.S. borders....

 2022-08-17 08:14 

Reuters

Germany may consider Games bid after multi-sport Munich event...

Germany is considering bidding for the Olympic Games, a top official suggested, building on the success of an international event in Munich featuring nine sports and using many of the venues built for the 1972 summer Olympics....

 2022-08-17 08:00 

UPI

FedExCup Playoffs: McIlroy, Rahm favored in golf's BMW Championship...

Rory McIlroy is still favored to win this week's BMW Championship, the second leg of the FedExCup Playoffs, despite missing the third-round cut in the playoff opener last week in Memphis....

 2022-08-17 07:58 

Reuters

Rouble firms to 1-week high vs euro, Russian stocks climb...

The Russian rouble strengthened on Wednesday to a one-week high against the euro, boosted by upcoming tax payments that usually boost demand for the Russian currency, while stock indexes climbed higher....

 2022-08-17 07:57 

Reuters

Norway's wealth fund loses $174 bln in first half of 2022...

Norway's sovereign wealth fund, the world's largest, made a loss of 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022, it said on Wednesday, as stocks and bonds were hit by global recession fears and rampant price inflation....

 2022-08-17 07:51 

Reuters

Thai economy seen growing 3.6% this year - c.bank official...

Thailand's economy is expected to grow 3.6% this year and 4.0% next year, helped by a recovery in tourism despite inflationary pressures, a member of the central bank's monetary policy committee said on Wednesday....

 2022-08-17 07:45 

Reuters

Major Gulf bourses track oil prices higher...

Major stock markets in the Gulf rose in early trade on Wednesday, tracking oil prices higher, with the Abu Dhabi index edging closer to recent record highs....

 2022-08-17 07:43 

Reuters

Investment demand to lift India's silver imports to record high...

India's silver imports are set to triple in 2022 from a year ago to record highs after a dip in prices to 2-year lows spurred investors to bet that the metal was primed for a rebound and could outperform gold in the coming years....

 2022-08-17 07:40 

Reuters

Australia's top court finds Google not liable for defamation...

Australia's highest court overturned on Wednesday a ruling that had found Google engaged in defamation by supplying a link to a contested newspaper article, throwing the spotlight again on how online libel cases are handled in the country....

 2022-08-17 07:29 

Reuters

GSK shares ease after plaintiff in first Zantac lawsuit drops case...

Shares in GlaxoSmithKline fell slightly in early trading on Wednesday but stayed above recent lows after the plaintiff in the first lawsuit over the heartburn drug Zantac scheduled to go to trial agreed to drop his case....

 2022-08-17 07:27 

Reuters

Indian rupee upside capped by corporate outflows, Fed stance-analysts...

The Indian rupee's gains against the U.S. currency on Wednesday are likely to be stalled by dollar outflows by corportaes and the U.S. Federal Reserve's hawkish outlook, some analysts said....

 2022-08-17 07:27 

Reuters

Cabin crew at IAG's Spanish low cost airline Iberia Express plan 10-day strike...

Cabin crew working for IAG's low cost airline Iberia Express plan to go on strike from Aug. 28 to Sept. 6, a union spokesperson said on Wednesday....

 2022-08-17 07:26 

Reuters

Financial stocks lift European bourses; flash GDP data in focus...

European shares rose for a sixth straight session on Wednesday, lifted by financial stocks, with investors focusing on economic growth and inflation data due this week....

 2022-08-17 07:20 

Reuters

Banks support FTSE 100 as UK inflation hits double digits...

UK's FTSE 100 edged higher on Wednesday with banking stocks in the lead after inflation hit double digits for the first time in four decades, spurring bets of aggressive moves by the Bank of England to tame surging prices....

 2022-08-17 07:18 

Reuters

MLB roundup: Charlie Morton, Braves blank Mets...

Veteran Charlie Morton struck out 12 in 6 2/3 scoreless innings and Matt Olson drove in three runs as the Atlanta Braves beat the visiting New York Mets 5-0 on Tuesday, extending their winning streak to eight games....

 2022-08-17 07:12 

UPI

Liz Cheney concedes defeat in Wyoming primary to Trump-backed Harriet Hageman...

Two states hold primary elections on Tuesday, and both will include ballots for two moderates who voted to hold Donald Trump accountable for inciting the Jan. 6 U.S. Capitol attack....

 2022-08-17 07:09 

Reuters

EXCLUSIVE China's EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources...

China's EVE Energy Co Ltd will supply BMW with large cylindrical batteries for its electric cars in Europe, two people with knowledge of the matter said, as the German automaker follows Tesla Inc in adopting the new technology....

 2022-08-17 07:06 

Reuters

London set for hosepipe ban from Aug. 24 - water company...

Thames Water, which serves customers in and around the British capital London, said on Wednesday it was banning customers from using a hosepipe from Aug. 24, citing prolonged dry weather....

 2022-08-17 07:04 

Reuters

EU "takes note" of UK launching dispute over research programmes...

The European Commission said on Wednesday it had "taken note" of Britain's announcement that it had launched dispute resolution proceedings with the EU to gain post-Brexit access to the bloc's scientific research programmes....

 2022-08-17 07:00 

UPI

On This Day, Aug. 17: Barcelona terror attack kills 16...

On Aug. 17, 2017, a series of terror attacks in Barcelona, Spain, killing 16 people....

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