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..
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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..
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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..
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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..
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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..
Business
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..
Finance
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..
Technology
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..
Business
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..
Technology
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..
Finance
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..
Technology
Financial services industry set for AI overhaul
AI will be crucial for better understanding user intent, providing tailored content recommendations, and streamlining how firms..
Finance
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..
Finance
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..
Finance
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..
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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..
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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..
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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 ..
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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 ..
Technology
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 ..
Business
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..
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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..
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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..
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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..
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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..
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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..
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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..
Finance
Europe’s spend on energy crisis nears 800 billion euros
By Kate Abnett BRUSSELS (Reuters) – European countries’ bill to shield households and companies from soaring energy costs ..
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Sterling edges lower ahead of key data
(Reuters) – Sterling edged lower on Monday at the start of a data-heavy week in which investors will scan inflation prints from ..
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A crane, for God’s sake’: Inside the struggles of Turkey’s earthquake response
ANTAKYA/ISTANBUL (Reuters) – Kevser said she could hear her two sons trapped beneath the rubble of their collapsed apartment bui..
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France leans on retailers to help consumers cope with food prices
By Dominique Vidalon PARIS (Reuters) -France’s finance minister urged food retailers on Monday to do more to help consumers cope..
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Orpea shares jump on Q4 revenue and cash boost
PARIS (Reuters) – Shares in scandal-hit French care homes group Orpea surged on Monday after the company posted a nearly 8% rise..
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Be ‘really, really careful’ on inflation – Bank of England’s Haskel
LONDON (Reuters) – Bank of England interest rate-setter Jonathan Haskel said the BoE should be “really, really carefulR..
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German economy expected to grow modestly in 2023 – European Commission
BERLIN (Reuters) – The German economy will grow slightly this year, the European Commission said Monday, revising upwards its pr..
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Nissan, Renault to invest $600 million to make 6 new models in India
TOKYO (Reuters) -Nissan Motor Co and Renault SA said on Monday they would invest $600 million to make six new models in India, one of ..
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Oil falls on demand worry as Fed ‘make or break moment’ approaches
By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices eased around 1% on Monday after rising in the previous session, as inve..
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Shares steady, dollar gains ahead of U.S. inflation data
By Wayne Cole and Amanda Cooper LONDON/SYDNEY (Reuters) – Global shares steadied, while the dollar rose on Monday, ahead of U.S...
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