
Euro zone business downturn deepens far more than thought in July -PMI
LONDON A downturn in euro zone business activity deepened much more than expected in July as demand in
2023-07-24 16:20

Philips Slumps After Order Drop Outweighs Improved Outlook
Royal Philips NV fell after a decline in new orders and ongoing uncertainties on costs related to a
2023-07-24 15:58

Top Euro-Area Economies Flash Recession Warning Signals
Germany and France kicked off the third quarter with contractions in their private-sector economies, with sustained weakness in
2023-07-24 15:45

Julius Baer Profit Jumps With New Inflows From Credit Suisse
Julius Baer Group Ltd.’s profit jumped in the first half of 2023, aided by better-than-expected inflows of client
2023-07-24 14:54

Greece fires - live: ‘Biggest evacuation in history’ as Jet2 and Tui scrap Rhodes flights
Greek authorities have issued fresh evacuation orders for parts of Corfu as dozens of wildfires erupted on the island after blaze in Rhodes prompted “the biggest evacuation in Greek history”. Videos on social media show flames engulfing Corfu as smoke and orange haze covered the night skies. The fire broke out on the northern part of the island which is popular with British tourists. Those in Santa, Megoula, Porta, Palia Perithia and Sinies were told to evacuate to Kasiopi due to fires on Corfu. The order came after Jet2 and Tui cancelled all flights to Rhodes. The Jet2 planes were scheduled to depart full of tourists bound for the Greek island. But the planes left empty and will instead be used to evacuate holidaymakers fleeing the blaze. Thousands of tourists were forced to flee their hotels and images captured their dramatic evacuation off of beaches by a fleet of private boats while the fires raged in the background. Overnight, firefighters were struggling to contain 82 wildfires burning across the country, 64 of which started on Sunday, the hottest day of the summer so far. Read More Wildfires on Greek island of Rhodes force thousands of holidaymakers to evacuate From body bags of ice to pavement burn: US grapples with new extreme heat reality Hiker, 71, dies in Death Valley shortly after being asked by reporter why he was braving heat: ‘Why not?’ July 2023 is set to be world’s hottest month in ‘hundreds, if not thousands, of years’
2023-07-24 14:18

Vodafone Reports Sales Growth Ahead of Estimates, Names New CFO
Vodafone Group Plc reported first quarter service revenue growth that beat analysts’ expectations and named a new chief
2023-07-24 14:16

Hike and then?: Five questions for the ECB
By Naomi Rovnick and Stefano Rebaudo LONDON The European Central Bank looks set to pull the rate-hike trigger
2023-07-24 13:20

Marketmind: Markets bide time as policymakers plot next moves
SYDNEY A look at the day ahead in European and global markets from Stella Qiu It's a week
2023-07-24 12:59

Rhodes fires: Planes sent to collect stranded Britons
Holiday firms are operating flights from the Greek island to help those evacuated after wildfires.
2023-07-24 12:27

Cheap State-Backed Loans Seen Fueling Poland’s Housing Rebound
Polish housing prices are expected to rebound after the government began offering subsidized mortgages to counter surging financing
2023-07-24 12:24

Top UK Pound Forecaster Pits Sunak Against Brexit’s Shadow
For the world’s most-accurate predictor of the British pound, it all started with the wake-up call of Brexit.
2023-07-24 12:21

Ukraine war – live: Russia says Kyiv’s ‘terrorist’ drone attack on Moscow thwarted
The Russian defence ministry has claimed two Ukraine-launched drones for attacking Moscow have been intercepted and destroyed in the early hours today amid reports that drone fragments were found two km (1.2 miles) away from the ministry’s building. The defence ministry accused Ukraine for a “terrorist attack” but said there were no casualties in the attack. Two non-residential buildings were also struck during the attack, mayor of Moscow Sergei Sobyanin said. Officials have closed the traffic on Komsomolsky Avenue as well as on Likhachev Avenue in Moscow’s south where a high-rise office building was struck, according to state news reports. Kyiv has not confirmed the Russian reports on drone attacks. Kyiv does not claim responsibility for operations on Russian soil, stating that the foreign invading nation is not its target. This comes just hours after at least one person was killed after a Russian missile struck Ukraine’s southern port of Odesa as it severely damaged an Orthodox cathedral in the city centre, a Unesco world heritage site. Another 20 were injured in the attack on the civilian infrastructure. Read More Ukraine’s ambassador to UK sacked after Zelensky ‘sarcasm’ row Why Russia’s attacks on Ukraine’s ports matter for us all Russian pro-war Putin critic Igor Girkin facing charges of inciting extremism in latest Kremlin crackdown Tesco, Asda, Morrisons and Sainsbury’s fuel margins have more than doubled since start of Ukraine war
2023-07-24 12:00