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Hawkish ECB comments push up rate-hike expectations

Hawkish ECB comments push up rate-hike expectations

By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to ris..

Exclusive-Microsoft’s Bing plans AI ads in early pitch to advertisers

Exclusive-Microsoft’s Bing plans AI ads in early pitch to advertisers

By Sheila Dang (Reuters) – Microsoft has started discussing with ad agencies how it plans to make money from its revamped Bing s..

Why your business needs CRM software

Why your business needs CRM software

It’s no secret that the last couple of years have been tough for businesses, with the aftermath of the pandemic and inflation affectin..

G20 watchdog homes in on decentralised finance after FTX crash

G20 watchdog homes in on decentralised finance after FTX crash

By Huw Jones LONDON (Reuters) – The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle &..

Mercedes-Benz to buy back up to 4 billion euros in shares by 2025

Mercedes-Benz to buy back up to 4 billion euros in shares by 2025

BERLIN (Reuters) -Mercedes Benz said on Thursday it plans to buy back up to 4 billion euros ($4.28 billion) of its shares over two yea..

Gucci banks on private ‘salons’ for the ultra-rich to revive sales

Gucci banks on private ‘salons’ for the ultra-rich to revive sales

By Mimosa Spencer PARIS (Reuters) – Gucci is banking on new ultra-high-end “salons” offering merchandise priced at u..

Ubisoft vows to get back to operating margin above 20% in medium term

Ubisoft vows to get back to operating margin above 20% in medium term

By Enrico Sciacovelli (Reuters) -French video game producer Ubisoft said it would reach operating margin above 20% in the medium term,..

Dollar advances as strong U.S. data backs higher rates backdrop

Dollar advances as strong U.S. data backs higher rates backdrop

By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies on..

Uniper sells UAE marine fuels refinery to consortium including Montfort

Uniper sells UAE marine fuels refinery to consortium including Montfort

FRANKFURT/SINGAPORE (Reuters) -German utility Uniper has agreed to sell its oil refinery in the United Arab Emirates to a consortium o..

Amazon grants 1.5 million euros to Dutch seaweed farm project

Amazon grants 1.5 million euros to Dutch seaweed farm project

AMSTERDAM (Reuters) – Amazon.com has granted 1.5 million euros ($1.6 million) to a Dutch project testing the viability of commer..

Aldi UK to recruit 6,000 after strong Christmas trading

Aldi UK to recruit 6,000 after strong Christmas trading

LONDON (Reuters) – The British arm of German discounter Aldi said on Thursday it was looking to hire more than 6,000 workers, co..

Holcim to acquire European roofs manufacturer FDT Flachdach Technologie

Holcim to acquire European roofs manufacturer FDT Flachdach Technologie

ZURICH (Reuters) – Switzerland’s Holcim is to acquire thermoplastic roofs manufacturer FDT Flachdach Technologie GmbH, the..

Cisco forecast raise allays tech spending fears, lifts shares

Cisco forecast raise allays tech spending fears, lifts shares

By Yuvraj Malik (Reuters) -Cisco Systems Inc on Wednesday raised its full-year earnings forecast and delivered strong second-quarter r..

Shopify’s revenue forecast fails to impress, shares fall

Shopify’s revenue forecast fails to impress, shares fall

By Nivedita Balu (Reuters) -Shopify Inc on Wednesday forecast slowing revenue growth for the current quarter despite price hikes and n..

Retail insolvencies tipped to increase by up to 71% in 2023

Retail insolvencies tipped to increase by up to 71% in 2023

    Retail experts at business advisory firm Quantuma estimate that corporate failures in the UK retail sector could spike b..

Flat GDP in Q4 is cold comfort for small businesses amid energy fears

Flat GDP in Q4 is cold comfort for small businesses amid energy fears

  Responding to new Office for National Statistics (ONS) figures showing that GDP was flat in Q4 2022, Federation of Small Busine..

Enjoy Digital appoints new Head of Delivery and a Project Lead following successful year

Enjoy Digital appoints new Head of Delivery and a Project Lead following successful year

  Digital experience and performance agency, Enjoy Digital, has officially appointed Tosh Balding as Head of Delivery and Jess Ni..

EatFirst acquires technology food business Feedr from Compass Group

EatFirst acquires technology food business Feedr from Compass Group

  Compass Group UK & Ireland strengthens relationship with EatFirst as part of deal  EatFirst (Berlin), the corporate food or..

2023: The year of UK 5G?

2023: The year of UK 5G?

  ~ The rollout continues to expand its reach ~ As the new year gets into full swing, we can look back at the progress made to ro..

Slowdown in UK inflation eases pressure on Bank of England

Slowdown in UK inflation eases pressure on Bank of England

By Andy Bruce and William Schomberg LONDON (Reuters) – British inflation fell by more than expected in January and there were si..

Rev-Trac and Turnkey Consulting join forces to combat SAP cyber-attacks

Rev-Trac and Turnkey Consulting join forces to combat SAP cyber-attacks

  Secure business critical SAP systems and maintain production stability Rev-Trac, a leader in SAP change management and DevOps o..

Financial services industry set for AI overhaul

Financial services industry set for AI overhaul

  AI will be crucial for better understanding user intent, providing tailored content recommendations, and streamlining how firms..

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to a six-week high against the yen and climbed from a roughly t..

Sterling gains after strong jobs data add to pressure on BOE

Sterling gains after strong jobs data add to pressure on BOE

LONDON (Reuters) – The pound rose against the dollar and euro on Tuesday after data showed British wages rose quicker than expec..

TUI sees strong summer bookings as travel recovery gains momentum

TUI sees strong summer bookings as travel recovery gains momentum

By Joanna Plucinska LONDON (Reuters) -Holiday group TUI said on Tuesday it was seeing encouraging booking trends for summer and next w..

London’s FTSE 100 hits fresh record high as telecoms surge

London’s FTSE 100 hits fresh record high as telecoms surge

By Shashwat Chauhan (Reuters) – UK’s FTSE 100 rose to a record high on Tuesday as telecom stocks gained after Liberty Glob..

Citi halted financing for Trafigura’s nickel deals in October – Bloomberg

Citi halted financing for Trafigura’s nickel deals in October – Bloomberg

(Reuters) -Citigroup Inc stopped financing nickel deals for commodity trader Trafigura with companies linked to Indian businessman Pra..

Coca-Cola HBC’s annual profit beats, warns of price increases

Coca-Cola HBC’s annual profit beats, warns of price increases

By Radhika Anilkumar (Reuters) -Coca-Cola HBC AG on Tuesday reported better-than-expected full-year operating profit and said it will ..

Nano One Awarded $10 million from Sustainable Development Technology Canada

Nano One Awarded $10 million from Sustainable Development Technology Canada

Vancouver, Canada (TSX: NANO) (OTC: NNOMF) (Frankfurt: LBMB)  $10 million in non-dilutive support from SDTC helps:    Fast track and ..

Oil prices dip on U.S. crude reserve release, inflation pressure

Oil prices dip on U.S. crude reserve release, inflation pressure

By Shadia Nasralla LONDON (Reuters) -Oil prices dipped on Tuesday after the U.S. government said it would release more crude from its ..

Cryptoverse: Punk apes and a resurrection of NFTs

Cryptoverse: Punk apes and a resurrection of NFTs

By Medha Singh (Reuters) – It’s alive! The NFT market is twitching out of its torpor, defying reports of its demise. Total..

Marketmind: Don’t break my heart

Marketmind: Don’t break my heart

A look at the day ahead in European and global markets from Anshuman Daga Today’s inflation numbers from the world’s bigge..

IKEA stores owner Ingka says campaigns help boost store visits and sales

IKEA stores owner Ingka says campaigns help boost store visits and sales

By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) – Price cuts at IKEA as well as promotional campaigns which the budget fu..

Liberty Global takes 5% ‘opportunistic’ stake in Vodafone

Liberty Global takes 5% ‘opportunistic’ stake in Vodafone

By Muvija M and Tiyashi Datta LONDON (Reuters) -U.S.-listed Liberty Global disclosed a near-5% stake in British telecom group Vodafone..

Delivery Hero ramps up interest payments to raise 1 billion euro convertible bond

Delivery Hero ramps up interest payments to raise 1 billion euro convertible bond

By Pablo Mayo Cerqueiro (Reuters) – Germany’s Delivery Hero is offering investors significantly higher interest payments t..

Saipem shares drop, group says cannot explain why

Saipem shares drop, group says cannot explain why

MILAN (Reuters) – Saipem does not have any information explaining Monday’s share movements, a spokesman for the Italian en..

Love in a time of inflation: how much will Valentine’s Day set you back?

Love in a time of inflation: how much will Valentine’s Day set you back?

By Richa Naidu LONDON (Reuters) -This Valentine’s Day is set to look different after a year of record food inflation that has se..