Inflation boosts Jeronimo Martins’ Q4 profit but dents margins
LISBON (Reuters) – Portugal’s second-largest retailer Jeronimo Martins on Wednesday posted a 23% jump in fourth-quarter ne..
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Exclusive-Ardian explores taking Italian tower operator INWIT private-sources
By Milana Vinn and Amy-Jo Crowley (Reuters) – French investment firm Ardian is in the early stages of exploring a bid for Italy&..
Headlines
Dollar falls after Fed raises rates, forecasts future hike
By Hannah Lang WASHINGTON (Reuters) – The dollar was lower on Wednesday following the U.S. Federal Reserve’s decision to r..
Finance
Oil up 2% as dollar weakens on small US Fed rate hike
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 2% to a one-week high on Wednesday as the dollar slid to a six-week low af..
Headlines
Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown
By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the w..
Finance
Fed in spotlight with US focus on stability, First Republic
By Nupur Anand, Andrea Shalal and Balazs Koranyi (Reuters) – U.S. authorities are set to explore ways to bolster financial stabi..
Headlines
Stellantis to invest 130 million euros in German plant for new Opel electric car
MILAN (Reuters) – Carmaker Stellantis said on Wednesday it would invest 130 million euros ($140 million) in its Eisenach assembl..
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Crop merchant Louis Dreyfus gets profit boost in volatile year
By Gus Trompiz PARIS (Reuters) -Louis Dreyfus Company (LDC) on Wednesday reported a 44% jump in 2022 net profit, joining other global ..
Headlines
The True Sales Company champions the value of ‘silver salespeople’
Older salespeople are 105% more effective on average than younger salespeople 9m workers aged 50+ now on payrolls in the UK – ..
Business
Fees for ticks? Why pay-to-be-verified models can cause as many problems as solutions for social media.
By Paul Holland, CEO at Beyond Encryption Mid-February saw the introduction of Meta Verified – a subscription-base..
Technology
TCS Announces Leadership Change
Rajesh Gopinathan to Step Down as MD & CEO; K Krithivasan appointed as CEO Designate After a stellar career of over 2..
Business
New survey suggests public awareness of pharmacy services as low as 13%
Findings from innovative pharmacy tech startup Charac reveals more than half of patients do not use their local pharmacies except for..
Opinion
Enjoy Digital appoints new Head of Insight & Strategy as agency growth continues
Digital experience and performance agency, Enjoy, has officially appointed Lauren Castagni Mote as Head of Insight & Strate..
Technology
Tech employees prioritise long-term business growth, amid ongoing market instability
New research from AI scale-up BenchSci highlights the need for companies to help employees maximise ‘the business of me’, as tech ta..
Business
BlackCurve, on mission to bring Amazon-style pricing capabilities to small and medium-sized e-commerce businesses, receives £750,000 in new funding
BlackCurve, the platform that enables online retailers to make smarter pricing decisions, has secured £750,000 in new fu..
Technology
India resists calls for more air access in drive to be global aviation force
By Aditi Shah and Tim Hepher NEW DELHI (Reuters) -India dampened foreign airline hopes for more access to its airports on Tuesday, wit..
News
UK employers see slight fall in pay awards over 2023 – XpertHR
By Suban Abdulla LONDON (Reuters) – British employers expect pay settlements over 2023 as a whole to average 5%, down slightly f..
Headlines
Departing Intel exec to focus on loosening Nvidia’s grip on AI for movies, games
By Stephen Nellis (Reuters) -Raja Koduri, the chief architect at Intel Corp, is leaving to start a company that aims to loosen longtim..
Headlines
Some Credit Suisse AT1 bondholders seek legal advice -law firms
By Laura Matthews and Chiara Elisei (Reuters) -Law firm Pallas Partners and a Swiss counsel are working on possible legal action for s..
Headlines
Global bank bonds claw back losses as markets rout eases
LONDON/SINGAPORE (Reuters) – An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering a..
Finance
Global shares jump but bank ‘whack-a-mole’ not over
By Koh Gui Qing NEW YORK (Reuters) – Global shares jumped on Tuesday after the rescue of Credit Suisse stemmed a rout in equitie..
Investment
Telecom Italia in talks with unions on up to 2,000 job cuts in Italy
MILAN (Reuters) – Telecom Italia (TIM) is seeking to cut as many as 2,000 jobs in Italy through a voluntary early retirement sch..
Headlines
Screening of ‘Winnie the Pooh’ horror film cancelled in Hong Kong
By Jessie Pang and Farah Master HONG KONG (Reuters) -The screening of “Winnie the Pooh: Blood and Honey”, a British slashe..
Headlines
EXCLUSIVE-Olympics-Paris 2024 plans Games relay changes, fewer torches-source
BERLIN (Reuters) – Paris 2024 Olympic torchbearers may not all get to keep their torches as a cherished memento of the Games bec..
Headlines
Portuguese airline TAP swings to profit earlier than expected
LISBON (Reuters) – Portuguese airline TAP swung to a profit in 2022, earlier than expected in its restructuring plan, as rising ..
Headlines
Energy bill support pushes UK budget deficit to February record
By Andy Bruce and Sachin Ravikumar LONDON (Reuters) -Britain recorded the largest budget deficit for any February since at least 1993 ..
Headlines
Is Britain heading for a long comedown from the cost of living crisis?
Employees’ reliance on cheap credit risks stalling Britain’s economic recovery Data from Barnett Waddingham shows more than a ..
Finance
KKR sells 50% stake in Spain’s X-elio to partner Brookfield
MADRID (Reuters) – U.S.-based buyout fund KKR has agreed to sell a 50% stake in Spanish renewable energy company X-elio to Canad..
Headlines
Maserati aims at driving margins higher before any spin-off talk
By Giulio Piovaccari MILAN (Reuters) – Maserati aims to increase its margin on operating profit to 15% in the next 12 months and..
Headlines
Dollar pauses for breath as Fed swings into focus
By Rae Wee SINGAPORE (Reuters) – The dollar steadied in a holiday-thinned Asia session on Tuesday, though it struggled to lift f..
Headlines
SSE to invest $122 million in Scottish pumped hydro project
LONDON (Reuters) – British power generator SSE will invest 100 million pounds ($122 million) in a Scottish pumped hydro scheme w..
Headlines
U.S. oil exports to Europe hit record in March on steep discounts
By Arathy Somasekhar HOUSTON (Reuters) – U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average s..
Headlines
Scratched EV battery? Your insurer may have to junk the whole car
By Nick Carey, Paul Lienert and Sarah McFarlane LONDON/DETROIT (Reuters) -For many electric vehicles, there is no way to repair or ass..
Technology
Bank shares rise after Credit Suisse rescue eases crisis
By Amanda Cooper and John Revill (Reuters) -U.S. banking stocks rose on Monday and Europe’s lenders recovered from a sharp early..
Headlines
Next-generation insurance pricing platform, Quantee, doubles revenue following expansion into international markets
Pioneering tech firm, Quantee, has more than doubled its annual recurring revenue within just 12 months after expanding into internati..
Headlines
Best Paying Jobs In Diversified Commercial Services
If you’re interested in pursuing a career in the diversified commercial services industry, there are plenty of options available..
Business
Best freelancing sites for writers
Are you a writer looking for freelance opportunities? With the rise of digital and online media, there are more opportunities than eve..
Business