Amazon CEO says job cuts to exceed 18,000 roles
By Jeffrey Dastin and Uday Sampath Kumar (Reuters) -Amazon.com Inc’s layoffs will now increase to more than 18,000 roles as part..
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British shoppers defy cost-of-living crisis at Christmas
By James Davey and Sarah Young LONDON (Reuters) -Britons spent more than expected over Christmas, Next, one of the country’s big..
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How Can Companies Encourage Workplace Communication?
There are countless benefits to improving communication in the workplace from fostering great colleague relationships, boosting creati..
Business
How Important Is Business Cybersecurity?
Cybersecurity issues are becoming increasingly commonplace with 86% of organisations compromised by a successful cyber attack, as of 2..
Business
UK’s Prince Harry declines to commit to attending King Charles’ coronation
LONDON (Reuters) – Prince Harry declined to commit to going to the coronation of his father King Charles, according to a clip fr..
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Britain’s Next sees lower profit in 2023 as consumer outlook darkens
By James Davey LONDON (Reuters) – Britisah clothing retailer Next forecast lower profit in its 2023-24 year, reflecting uncertai..
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Walmart paid most of $1 billion tax for PhonePe shifting base to India
By Nandan Mandayam BENGALURU (Reuters) – Walmart Inc late on Wednesday confirmed that it had already paid the Indian government ..
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With big bets on Musk, these funds may have a Tesla problem in ’23
By David Randall NEW YORK (Reuters) – Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers t..
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UK’s December shopper numbers defy inflation and rail strikes hit
LONDON (Reuters) – Shopper numbers across Britain in December rose 5.8% from November and were up 9.9% compared to 2021 despite ..
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GE HealthCare rises 8% in market debut, eyes small deals
By Leroy Leo and Kannaki Deka (Reuters) -GE HealthCare Technologies Inc’s shares rose as much as 8.4% in their Nasdaq debut on W..
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Emirati FM meets Syria’s Assad in Damascus in further sign of thawing ties
BEIRUT (Reuters) – Syrian President Bashar al-Assad received the United Arab Emirates foreign minister in Damascus on Wednesday ..
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Stellantis to build U.S. firm Archer’s air taxi, up stake
By Gilles Guillaume PARIS (Reuters) -Carmaker Stellantis will help build Archer Aviation’s electric aircraft and increase its st..
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Stocks, bonds extend rally on hopes rate hikes ease
By Lawrence White LONDON/NEW YORK (Reuters) – Shares rose and bonds rallied worldwide on Wednesday as investors tiptoed into the..
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Deutsche Bank’s rollercoaster ride towards more stability
(This Dec. 16 story has been refiled to correct currency unit to cents in paragraph 33) By Tom Sims and Marta Orosz FRANKFURT (Reuters..
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Dollar jumps, U.S. stocks buck global rally
By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar jumped on Tuesday as oil prices sank, while U.S. stocks bucked..
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Inflation drives Britain’s record Christmas grocery sales
By James Davey LONDON (Reuters) – British grocery sales rose 9.4% to a record 12.8 billion pounds ($15.3 billion) in the four we..
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Decline in German services sector eases, raising hopes for milder recession -PMI
BERLIN (Reuters) – High inflation and economic uncertainty extended a downturn in the German services sector in December, though..
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Former astronaut Cunningham, member of first crewed Apollo flight, dies at age 90
By Katharine Jackson and Steve Gorman WASHINGTON (Reuters) -Former U.S. astronaut Walter Cunningham, who flew to space aboard Apollo 7..
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Rivian stock less bruised than Tesla as both miss EV targets
v (Reuters) -Britain said on Tuesday it was committed to leading a NATO task force in 2024, dismissing a report by Berlin-based Table...
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PM Rishi Sunak sets out priorities for Britain, responds to critics
By Elizabeth Piper LONDON (Reuters) – British Prime Minister Rishi Sunak will set out his priorities for 2023 on Wednesday, usin..
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Most EU countries back COVID pre-departure testing for flights from China
BRUSSELS (Reuters) -Most European Union countries favour introducing pre-departure COVID testing for travellers from China, the Europe..
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Blackstone offers backstop to lure University of California in redemption-stricken REIT
By Chibuike Oguh (Reuters) -Blackstone Inc on Tuesday said it had secured a $4 billion investment from the University of California in..
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Microsoft videogame testers form company’s first U.S. union
By Daniel Wiessner (Reuters) -A group of about 300 videogame testers at Microsoft Corp subsidiary Zenimax Studios have voted to unioni..
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French watchdog fines H2O Asset Management, executives over Tennor investments
(Reuters) – France’s financial markets watchdog AMF said on Tuesday it had fined H2O Asset Management and two of its manag..
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Howard Kennedy finds average windfall for business owners peaked in the pandemic to £2.5m – and most are looking to their next venture
Analysis by London law firm, Howard Kennedy, of data from the information platform Beauhurst, shows that the average pay-out fo..
Business
New German supply chain ESG law will have global impact from January 1
All UK businesses which supply German companies will have to conform to German standards or face loss of contracts A new German..
Business
French energy suppliers will let struggling bakers renegotiate contracts – Le Maire
By Dominique Vidalon PARIS (Reuters) -France’s energy suppliers have agreed to allow the country’s trademark bakeries to r..
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Dollar jumps, euro dips before Fed minutes
By Karen Brettell NEW YORK (Reuters) – The greenback jumped on Tuesday before the Federal Reserve on Wednesday releases minutes ..
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Startups spring from ashes of Big Tech purge
By Supantha Mukherjee, Martin Coulter and Krystal Hu (Reuters) – Nic Szerman lost his job at Meta Platforms in November, just tw..
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Oil stocks thrust London shares to positive 2023 start
By Shashwat Chauhan (Reuters) – UK’s exporter-heavy FTSE 100 jumped to a seven-month high on Tuesday as oil stocks rallied..
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Inflation in key German states eases for second month
BERLIN (Reuters) – Inflation in five key German states eased for a second month in a row in December, indicating national inflat..
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Aldi UK says December sales up 26%
LONDON (Reuters) -The British arm of German discount supermarket group Aldi said its sales in December rose 26% compared to the previo..
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UK’s Cineworld to not sell assets individually, denies talks with AMC
(Reuters) -Cineworld, the British cinema operator in bankruptcy proceedings, said on Tuesday it would not sell any of its assets indiv..
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Asia shares weigh China risks, yen hits 6-month high
By Wayne Cole SYDNEY (Reuters) – Asian shares recovered from early losses on Tuesday as investors weighed the near-term costs of..
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WHO urges China to share specific data regularly on COVID situation
(Reuters) -The World Health Organization on Friday once again urged China’s health officials to regularly share specific and rea..
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Jeremy Renner, Marvel’s Hawkeye, has surgery after snow plow accident
(This Jan. 2 story has been refiled to change wording in the second paragraph and remove repeated word in the final paragraph) By Kani..
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Exclusive-World Bank seeks more funds to address climate change, other crises -document
By David Lawder WASHINGTON (Reuters) – The World Bank is seeking to vastly expand its lending capacity to address climate change..
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