Elon Musk plans to cut half of Twitter jobs – Bloomberg News
(Reuters) – Elon Musk plans to cut about 3,700 jobs at Twitter Inc or half of the company’s workforce in a bid to cut cost..
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L’Oréal denies report saying it suspended Twitter ad spending
(Reuters) -Cosmetics maker L’Oréal SA said it had not suspended advertising spending on Twitter, denying a Financial Times repor..
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Mickey Mouse, Spider-Man, Super Mario added to Russia’s parallel imports scheme
(Reuters) – Moscow on Wednesday added Walt Disney, Marvel and DC Comics to a list of brands that can be imported without permiss..
Headlines
Cyclicals, BAT drag FTSE 100 lower ahead of Fed decision
By Johann M Cherian and Sruthi Shankar (Reuters) – UK’s FTSE 100 index slipped on Wednesday, weighed down by cyclical sect..
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UK considering delay to Northern Ireland elections, Ireland minister says
By Amanda Ferguson BELFAST (Reuters) -The UK government could change the law to delay elections in Northern Ireland, the Republic of I..
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Tesco wins appeal in trademark fight with Lidl in UK court
By Sam Tobin (Reuters) – Britain’s biggest retailer Tesco can argue at trial that discount supermarket Lidl applied for trademar..
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Russian retail sales fall deeper, jobless rate rises in Sept – data
MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in September, official data from the..
Headlines
How IT teams can stand out from the crowd without complicating their product stack
John Phillips, General Manager at Zuora The need for future-proof architectures in a climate of uncertainty Digital trans..
Business
Yum beats sales estimates as customers flock to KFC, Taco Bell deals
By Uday Sampath Kumar (Reuters) -Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday, as the company..
Investment
World’s top bankers expect markets to stay turbulent
By Xie Yu and Summer Zhen HONG KONG (Reuters) – Central banks will get inflation under control, but there will be turbulence in ..
Headlines
Energy crisis putting most German firms under duress -survey
BERLIN (Reuters) -The energy crisis is impacting nearly every branch of the German economy, with the number of companies that see high..
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Russian gold miner Polymetal’s Q3 revenue down 13% y/y
MOSCOW (Reuters) -Polymetal’s third-quarter revenue fell by 13% year on year to $714 million due to accumulated inventory and lo..
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Central banks ease off on rate hike push in October
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks around t..
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Britain’s Metro Bank returned to profit in September, sees no customer stress
LONDON (Reuters) – Metro Bank said on Wednesday it returned to profit in September by keeping a tight rein on costs and has so f..
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Britain’s Next sticks to outlook after quarterly sales rise
By James Davey LONDON (Reuters) -British clothing retailer Next reaffirmed full-year guidance that was cut in September as it reported..
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Catering group Sodexo targets operating margin above 6% in 2025
(Reuters) -French catering and food services group Sodexo onWednesday forecast organic sales growth of between 6% and 8% for fiscal 20..
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Big brands set to miss plastic sustainability targets
By Joe Brock SINGAPORE (Reuters) – Some of the world’s biggest consumer goods companies, including PepsiCo, Mars and Nestl..
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Quebec’s elected officials must swear oath to King Charles to sit in National Assembly
(Reuters) – Quebec National Assembly speaker ruled on Tuesday that all elected members must swear an oath to Britain’s Kin..
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CVS, Walmart, Walgreens agree to pay $13.8 billion to settle U.S. opioid claims – sources
By Brendan Pierson (Reuters) -CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc have tentatively agreed to pay about $13.8..
News
Asian shares rise, dollar dips ahead of Fed policy decision
By Stella Qiu SYDNEY (Reuters) – Asian shares climbed on Wednesday, led by Chinese stocks on reopening hopes, while the dollar s..
Headlines
Top Five Autumnal Trends & What They Say About You
Autumn is the time of fallen leaves in shades of red and gold, cosy jumpers and cooler evenings. For many of us, this transitio..
Opinion
Demand for financial tools to tackle cost of living skyrockets — but Brits still unaware of open banking
Nearly nine in 10 (88%) consumers and three in four (75%) businesses in the UK have used financial products and services in th..
Finance
Bulb finds new home with Octopus
Octopus Energy appointed to take on Bulb, the first energy supplier to be put under ‘special administration’ by the government Good..
Business
CALCULUS BOLSTERS SENIOR TEAM WITH NEW INVESTMENT DIRECTOR
Elizabeth Klein founded Klein-Edmonds Associates which focuses on deal origination and advises small businesses She joins Calc..
Investment
Oxford Medical Simulation raises £2.1M to tackle healthcare worker training gap
Company addresses the urgent need to train nurses and doctors more rapidly and is already being used at scale in ..
News
Corporate Governance Institute set for growth as it targets the UK business community
As global economic outlook remains volatile, businesses increasingly look to good governance to deliver financial sustainabilit..
Business
EA lowers bookings expectation on strong dollar, gaming slowdown
By Tiyashi Datta and Aditya Soni (Reuters) -Electronic Arts Inc lowered its annual bookings forecast on Tuesday as the publisher of &#..
Headlines
REACH SECURES SIX-FIGURE FUNDING FOR A WAKEFIELD TEXTILES SPECIALIST FIRM’S FIRST ACQUISITION
Reach Commercial Finance has helped one of Europe’s leading storage, distribution and sampling service providers secure its first-ever..
Finance
Ecommerce platform mason seeds $7.5M as it takes on the ‘Amazon tax’ and builds the world’s first commerce engine for online sellers
California, US – October 27th 2022; Global retail e-commerce sales are set to reach $8.1T in 2026 and brands will be vyin..
Business
Neo clears $5 billion as global demand for frictionless cross-border payments increases
Barcelona and London: 27 October 2022 – Neo, the treasury management, payments and FX fintech, has cleared $5 billion through i..
Finance
Remotebase raises $2.1M at a $65M valuation as it launches developer hiring platform Talently
San Mateo, California – 27th October 2022; Hiring developers has always been a point of contention for businesses and tec..
Business
Just one in seven women confident they have saved enough for retirement despite ten years of pension auto-enrolment
∙ Just one in five (20%) women feel positive about their financial future, compared to over a third (35%) of men, while ..
Opinion
Setfords advises the leading carehome turnaround expert, Issac Theopolis on his acquisition of Aveland Care Home.
28th October 2022, Devon, UK – Helen Wong MBE of Setfords has advised the renowned care home turnaround expert Issac Theo..
Opinion
France’s Thales says hackers claim to have stolen data
PARIS (Reuters) -French defence and technology group Thales said on Tuesday the hacker group LockBit 3.0 claimed to have stolen some o..
Headlines
Q3 INSOLVENCY STATS: CORPORATE INSOLVENCIES UP 71%
An insolvency practitioner at one of the country’s leading accounting firms is urging business owners to seek advice early or r..
Business
Robinhood, Coinbase find sanctuary in interest income amid market rout
By Niket Nishant and Manya Saini (Reuters) – For U.S. online trading companies an often-overlooked financial metric could act as..
Headlines
ALIBABA.COM HELPS PUT EXPORT OPPORTUNITY TOP OF THE AGENDA FOR UK BUSINESSES DURING INTERNATIONAL TRADE WEEK
28 October 2022: Alibaba.com is launching a regional roadshow in partnership with the Department for International Trade to hel..
Business