FRANKFURT (Reuters) – Euro zone inflation will continue to slow in the coming years and could dip below the European Central Bank’s 2% target by 2026%, an ECB survey showed on Friday. The ECB has overshot its target for years and jacked up interest rates to record highs last year to tame price pressures, but …
Euro zone inflation will continue easing, may fall below 2% in 2026, ECB survey shows Read More »
By James Pearson LONDON (Reuters) – Elements of Friday’s global IT outage, which grounded planes and hit services from banking to healthcare, have occurred before and until more contingencies are built into networks, and organisations put better back-up plans in place, it will happen again. Friday’s outage was caused by an update that U.S. cybersecurity …
Without backup plans, global IT outages will happen again Read More »
By Alun John, Karin Strohecker and Sinead Cruise LONDON (Reuters) – LSEG Group’s data and services were back up and running on Friday after suffering an outage earlier in the day that caused some disruption across financial markets. A global tech outage on Friday disrupted operations in multiple industries, with airlines halting flights, some broadcasters …
LSEG data and services back up and running after outage Read More »
By Shristi Achar A, Pranav Kashyap and Shashwat Chauhan (Reuters) -European shares clocked weekly losses as a selloff in technology shares, some downbeat earnings along with falling commodity-linked stocks weighed, ending a tumultuous week marked by a global tech outage on Friday. The pan-European STOXX 600 index closed 0.8% lower, slipping to a more than …
Europe’s STOXX 600 logs weekly decline as tech, resources shares weigh Read More »
LONDON (Reuters) – England’s National Health Service (NHS) said a global tech outage on Friday had disrupted the booking of doctors’ appointments and patient records, but emergency services had not been affected. The outage, which has been linked to cyber security firm Crowdstrike and its impact on the operation of Microsoft Windows, hit operations in …
England’s health bookings system down but emergency services working, NHS says Read More »
FRANKFURT (Reuters) -Two European Central Bank policymakers on Friday backed further interest rate cuts, expressing greater confidence that inflation was heading to the ECB’s goal next year. The ECB held rates steady on Thursday and its president, Christine Lagarde, said its next decision on Sept. 12 was “wide open” — stopping well short of declaring …
ECB policymakers back more rate cuts as inflation heads back to goal Read More »
LONDON (Reuters) – Airbus has won European certification for the latest addition to its single-aisle family of jets, the long-distance A321XLR, a spokesperson said on Friday. (Reporting by Tim Hepher; editing by Jason Neely)
BERLIN (Reuters) – Berlin airport temporarily halted all flights on Monday due to a technical fault, a spokesperson told Reuters on Friday, adding that though check-in services were up and running again, there would be delays throughout the day. The spokesperson did not give details about the nature of the problem, which comes as carriers, …
Berlin airport faces major disruptions amid global tech outage Read More »
By Dawn Chmielewski and Lisa Richwine (Reuters) -Netflix said on Thursday it added more than 8 million subscribers in its second quarter as the streaming service benefited from a password-sharing crackdown and such titles as “Bridgerton,” “Baby Reindeer” and “The Roast of Tom Brady.” While the subscriber gains topped analyst predictions of 5 million, Netflix …
Netflix beats subscriber targets but cautions on next quarter Read More »
By Juveria Tabassum (Reuters) -Domino’s Pizza forecast sequentially slower third-quarter comparable sales on Thursday and trimmed its target for new international store openings, sending its shares down 13%. The company’s target of opening more than 925 international outlets for the year is expected to fall short by about 275 after its Australia-based master franchisee said …
Domino’s Pizza warns of slower Q3 sales; shares fall Read More »
