Swiss National Bank makes another large draw on Fed swap line
(Reuters) – The Swiss National Bank this week drew nearly $6.3 billion from the U.S. Federal Reserve’s currency swap line ..
Headlines
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When the AI goes haywire, bring on the humans
By Paresh Dave OAKLAND, Calif. (Reuters) – Used by two-thirds of the world’s 100 biggest banks to aid lending decisions, c..
Headlines
Netflix ad-supported plan to launch in November at $7 a month
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Netflix Inc said on Thursday it will introduce a streaming plan with adve..
Headlines
EU, U.S. eye level playing field for EU electric cars in U.S. market
WASHINGTON (Reuters) -European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric ca..
Headlines
Italy’s Giorgetti gets Meloni’s backing to be economy minister
Italy’s Giorgetti gets Meloni’s backing to be economy minister By Angelo Amante and Gavin Jones ROME (Reuters) -Giancarlo ..
Headlines
Rosneft sues Berlin over takeover of its German unit
BERLIN (Reuters) – Russian state energy giant Rosneft has filed a complaint with a top court in Germany against the government f..
News
Cybersecurity measures organisations need to defend against ransomware attacks
By Niall McConachie, regional director (UK & Ireland) at Yubico Ransomware attackers are steadily upping the a..
Technology
How multilingual brands are matching the speed of their customers
By Eugene Ernoult, Chief Marketing Officer at website translation software specialists Weglot Marketers are..
Business
CLUTTONS HIRES GRÁINNE GILMORE AS HEAD OF RESEARCH TO HELP CLIENTS NAVIGATE UNCERTAIN TIMES
Cluttons continues its strategic expansion with Gráinne Gilmore joining as head of research to focus on delivering market insights and..
Headlines
Camilla Taylor appointed CFO for Satellite Vu ahead of satellite launch
London, 11th October – Satellite Vu, the UK climate tech satellite company aiming to become the world’s thermometer from space, ..
Headlines
European airlines see travel withstanding consumer squeeze for now
By Sarah Young and Klaus Lauer LONDON (Reuters) – British Airways-owner IAG, Europe’s biggest airline Ryanair and rival ea..
Headlines
Hot U.S. inflation data reignites global selloff
By Marc Jones LONDON (Reuters) – MSCI’s global stock index lurched to a July 2020 low and dollar and bond market borrowing..
Headlines
IKEA reports record sales as price hikes offset weakening consumer confidence
By Anna Ringstrom STOCKHOLM (Reuters) -Budget furniture giant IKEA reported record high annual sales on Thursday as price hikes and ea..
Headlines
Dorset-based Wessex Internet secures investment from abrdn
Arrowpoint Advisory has advised leading full fibre operator Wessex Internet on securing a major equity investment from abrdn. T..
Investment
Baserow launches Baserow Enterprise to accelerate data governance using no-code, open-source applications
Airtable alternative Baserow’s new Baserow Enterprise is a significant step in the company’s ambitions to build the world’s fi..
Business
Leading payments provider Bluechain launches in the UK with first customer, Aggregate Industries
Bluechain plans to reach 100,000 new customers in their first year, focusing on large businesses and SMEs with digital payment ..
Finance
Quantuma bolsters Yorkshire presence through new acquisition
Business advisory firm, Quantuma, has completed the acquisition of Leeds-based insolvency practice, Chamberlain & Co. Opera..
Business
Sky launches AdSmart campaign showcasing how SMEs can harness the power of TV advertising
11 October 2022, London: Sky Media, the advertising arm of Sky, has today launched a new B2B TV campaign promoting its targeted..
Finance
Britain’s Ofgem to urge public to reduce energy usage – FT
(Reuters) – Britain’s energy regulator Ofgem will on Thursday urge consumers to reduce their energy usage “where pos..
Headlines
Holocaust survivor to oversee start of rightist Italian parliament
By Crispian Balmer ROME (Reuters) – Italy’s new parliament opens on Thursday, with a Holocaust survivor due to preside ove..
Headlines
Sentiment in UK finance falls at fastest pace since 2019, survey
LONDON (Reuters) – Britain needs to restore stability to its finances to help reverse the fastest drop in financial sector senti..
Headlines
Britain’s bond market turmoil
LONDON (Reuters) – British government borrowing costs hit a 20-year high on Wednesday after Bank of England Governor Andrew Bail..
Headlines
Analysis – Turbulent UK bond market may force BoE’s hand again
By Dhara Ranasinghe and Harry Robertson LONDON (Reuters) – Bank of England Governor Andrew Bailey has been unequivocal: the cent..
Headlines
EU seeks to break impasse over gas price caps, ‘no regret’ plan floated
By Kate Abnett and Robert Muller PRAGUE/BRUSSELS (Reuters) – The question of how, when and whether to cap gas prices loomed over..
Headlines
Austria plans to bring budget deficit within 3% of GDP next year
VIENNA (Reuters) – Austria plans to bring its budget deficit within the European Union’s limit of 3% of gross domestic pro..
Headlines
UK economy on brink of recession as it shrinks in August
By William Schomberg and Andy Bruce LONDON (Reuters) – Britain’s economy looks set to go into recession as data showed it ..
Headlines
‘Generation side hustle’ has potential to help tackle some of society’s greatest social, environmental and economic challenges
New report highlights how greater support for young, purpose-driven entrepreneurs could bring social rewards along with huge ..
Technology
Swedish energy minister: need to decouple gas from electricity price
PRAGUE (Reuters) – The European Union needs to find a way to decouple gas and electricity prices, Swedish energy minister Khasha..
Headlines
Mercedes-Benz and Microsoft collaborate on supply chain data platform
BERLIN (Reuters) – Mercedes-Benz and Microsoft announced a partnership on Wednesday using Microsoft Cloud for a data platform in..
Headlines
Russian missiles hit 30% of Ukraine’s energy infrastructure in two days – minister
(Reuters) – Russia hit about 30% of Ukraine’s energy infrastructure in its missile attacks on Monday and Tuesday, Ukraine&..
Headlines
EFG International says profitability improved in first nine months
ZURICH (Reuters) -EFG International said it had seen a “significant increase” in underlying net profit for the first nine ..
Headlines
Twitter reviews policies around permanent user bans – FT
(Reuters) -Twitter Inc is reviewing its policies around permanently banning users, possibly bringing its content moderation in line wi..
Headlines
Meta’s new Quest Pro headset, mixing real and virtual worlds, makes debut
By Katie Paul (Reuters) -Meta Platforms unveiled its Quest Pro virtual and mixed reality headset on Tuesday, marking a milestone for C..
Headlines
Analysis-Fearing war in Xi’s next term, Taiwan bolsters defences
By Yimou Lee and Ben Blanchard TAIPEI (Reuters) – Taiwan is bolstering its defences and steeling itself for the possibility of w..
Headlines
ECB’s Villeroy lays out plan for shrinking balance sheet
NEW YORK (Reuters) – The European Central Bank should start shrinking its balance sheet once its interest rate is close to 2%, f..
News
Caixabank proposes sector-wide freeze in variable mortgage costs, source says
MADRID (Reuters) – Caixabank, Spain’s biggest lender by domestic assets, has proposed a sector-wide measure to cushion the..
News
How FinTech Can Unlock Billions in Spending Power From the Unbanked and SMEs
By Dr Narisa Chauvidul-Aw of KogoPAY What are the spending habits of the more than one billion unbanked adults in the worl..
Finance