Factbox-Global banks take axe to jobs as cost pressures mount
LONDON (Reuters) – Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and la..
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Irish corporate tax boom breaks more records in November
DUBLIN (Reuters) – Ireland took in more corporate tax in November than it used to collect in entire years a decade ago, as a rec..
Finance
Pfizer to invest more than $2.5 billion to expand European manufacturing
By Michael Erman NEW YORK (Reuters) -Pfizer Inc is investing more than $2.5 billion at its drug making plants in Belgium and Ireland, ..
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Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks in Novem..
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EU countries consider lower gas price cap – documents
By Kate Abnett BRUSSELS (Reuters) -European Union countries will consider on Friday a proposal for a gas price cap slightly lower than..
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Factbox-What European companies are doing as workers face high inflation
(Reuters) -Companies across Europe are offering one-off bonuses and renegotiating wages as surging inflation raises food and energy bi..
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UniCredit to pay bonus, replace 850 older branch staff in Italy
MILAN (Reuters) – Italy’s second-biggest bank UniCredit will give employees in Italy a one-off payment of 2,400 euros ($2,..
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Spain’s labour market resilient as unemployment drops in Nov
MADRID (Reuters) -Unemployment fell and net jobs were created in November in Spain, official data showed on Friday, reflecting strengt..
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Explainer-India G20 presidency 2023: what does it mean and what can we expect
By Devjyot Ghoshal NEW DELHI (Reuters) – India began its year-long presidency of the Group of 20 (G20) this week, taking over fr..
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UK parliament committee chair says she talked defence cooperation on Taiwan trip
TAIPEI (Reuters) – A senior British lawmaker said on Friday her delegation had discussed defence cooperation with Taiwan during ..
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Dollar steadies near 16-week low, yuan set for biggest weekly gain since 2005
By Samuel Indyk LONDON (Reuters) – The dollar was pinned near 16-week lows against a basket of major currencies on Friday ahead ..
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India’s Reliance makes rare buy of Russian naphtha, ups fuel oil imports
By Mohi Narayan NEW DELHI (Reuters) – India’s Reliance Industries, operator of the world’s largest refining complex,..
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Soccer-World Cup 2022: England’s route to final explained
(Reuters) – England are looking to win their second World Cup title at the Nov. 20-Dec. 18 tournament in Qatar. Here is what you..
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How to Beat the Cost-of-Living Crisis as a Small Business Owner
Small businesses are essential to the fabric of our nation. In fact, recent research reveals that they are responsible f..
Business
Gen Z workers tell businesses: We want it all
New study shows Gen Z are unwilling to compromise on salary, values or work/life balance Research shows declining popularity o..
Business
YFM and Maven lead £6.5m Series A into Deep Tech AI company, Biorelate
Manchester-based biotech innovator to use capital to fund its product, sales and marketing departments, and establish an ..
Technology
Agriculture tech company hits crowdfund target in hours in quest to further support global farming industry
ALVÁTECH, a global company which provides farmers with advanced, environmentally-friendly and effective water treatment technol..
Finance
Red Helix Appoints New CEO
Red Helix, a leading UK cyber security and network performance specialist, has appointed Marion Stewart as CEO to lead t..
Business
WTTC unveils world-first global Travel & Tourism climate footprint data
WTTC and Saudi-Based Sustainable Global Tourism Center launch inaugural Environmental & Social Research Between 2010 and 20..
News
Global Tourism Leaders Told of Saudi Arabia’s Unparalleled Ambition To Become One of The Top 5 Tourism Destinations in the World
Global Tourism Leaders Told of Saudi Arabia’s Unparalleled Ambition To Become One of The Top 5 Tourism Destinations in the Wo..
Research Reports
EU sets recycling, reuse targets to cut packaging waste
By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission proposed on Wednesday new rules to reduce packaging waste thro..
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BYD set to be China’s top-selling car brand for Nov, Tesla gains -data
SHANGHAI (Reuters) – BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outp..
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Portugal’s Q3 growth accelerates with consumption but future not shining
By Sergio Goncalves LISBON (Reuters) – Portugal’s economy expanded 0.4% in the third quarter from 0.1% in the previous qua..
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FTX collapse shows urgent need to finalise EU crypto rules, says European Commission
By Huw Jones LONDON (Reuters) -The “questionable practices” at now collapsed crypto exchange FTX would not have been allow..
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World stocks upbeat on hopes for China re-opening, inflation peaking
By Dhara Ranasinghe LONDON (Reuters) -World equity markets rallied on Wednesday lifted by hopes that inflation is peaking and a re-ope..
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Global stocks to grind higher, lacklustre year ahead: Reuters poll
By Hari Kishan BENGALURU (Reuters) – The global economy needs to find a more solid footing before most stock markets break out o..
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Economic headwinds set to push oil below $100 in 2023: Reuters Poll
By Seher Dareen (Reuters) – Brent oil prices will hold above the $100 level for the rest of 2022 as an impending EU ban on Russi..
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Bank of England consults on remaining Basel bank capital rules
LONDON (Reuters) – The Bank of England confirmed on Wednesday that the rollout of remaining global bank capital rules would star..
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Sweden, Finland and Turkey have made progress on NATO membership, Sweden says
BUCHAREST (Reuters) – Sweden and Finland have made good progress towards an agreement with Turkey on the Nordic countries’..
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Oil up on lower U.S. crude stocks and dollar, OPEC+ and China concerns limit gains
By Laila Kearney and Trixie Sher Li Yap (Reuters) – Oil prices posted gains of more than 1% in Asian trade on Wednesday on falli..
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Croatia, heading to enter euro zone, adopts first budget in euros
SARAJEVO (Reuters) – Croatia, which will enter the euro zone on Jan. 1, passed its first budget in euros on Tuesday, targeting a..
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Dollar near one-week high as traders prepare for Powell, payrolls tests
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar stuck close to a one-week high on Wednesday, holding on to gains from a thre..
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Exclusive-Kazakh McDonald’s shut outlets temporarily after halting supplies from Russia – sources
By Mariya Gordeyeva ALMATY (Reuters) – McDonald’s licensee in Kazakhstan was forced to temporarily close its restaurants t..
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BlockFi tells U.S. bankruptcy court it is ‘the antithesis of FTX’
By Dietrich Knauth (Reuters) -BlockFi, the first direct casualty of crypto exchange FTX’s collapse, told a U.S. bankruptcy judge..
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Analysis-RBC tightens grip at home with $10 billion HSBC Canada bid, regulatory risks loom
By Divya Rajagopal and Saeed Azhar TORONTO/NEW YORK (Reuters) – Royal Bank of Canada’s swift move to buy HSBC’s Cana..
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German inflation eased in November but too soon for ‘all-clear’
By Miranda Murray and Balazs Koranyi BERLIN (Reuters) – Germany’s inflation cooled slightly in November, but remained near..
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UK royals in U.S. spotlight as William and Kate visit
By Michael Holden and Sarah Mills LONDON (Reuters) – Prince William and his wife Kate fly out to the United States on Wednesday ..
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