Visa, Mastercard under fresh FTC investigation over debit card routing – WSJ
(Reuters) – The U.S. Federal Trade Commission is investigating whether Visa Inc and Mastercard Inc’s security tokens restr..
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The ‘Dark Matter of Work’ is costing organisations up to £50M a year – what can business leaders do about it?
Andrew Filev, Founder and CEO, Wrike Together, ‘dark matter’ and ‘dark energy’ make up 95 percent of the universe, but are..
Business
Stellantis CEO calls for talks to soften EU’s 2035 fossil-fuel car ban
By Gilles Guillaume PARIS (Reuters) – The European Union’s proposed 2035 ban on fossil-fuel cars should be renegotiated to..
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Britain’s political and market turmoil
LONDON (Reuters) – New finance minister Jeremy Hunt scrapped Prime Minister Liz Truss’s Sept. 23 mini-budget and scaled ba..
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UK consumer industries warn curbing energy support will hit demand
LONDON (Reuters) – The mood among Britain’s beleaguered retail and hospitality industries darkened on Monday on fears new ..
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Britain’s financial system under stress amid market turmoil -analysts
By Iain Withers and Lawrence White LONDON (Reuters) -Britain’s banks and financial firms face deepening stress from rising fundi..
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Market turmoil a boon for trend-following hedge funds
By Nell Mackenzie (Reuters) – Trend-following hedge funds are capitalising on market disruption and geopolitical unrest, with fu..
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Almost three-quarters of Brits are concerned about having enough funds to manage the festive shopping period
Amid the worsening financial crisis, a quarter are not confident that they know how much debt they have Almost a quarter of individ..
Opinion
Half of UK workers suffering mental health issues, heightened by rising cost of living
Declining mental health in the workplace is costing businesses, as workers cite both external and internal factors as cause Lon..
News
Morgan McKinley looks to the future with next generation of services and global expansion
Morgan McKinley’s focused expansion supports businesses and talent in reaching their potential as the world of work continues t..
Business
Eight Ways to Reduce Your Energy Bills This Winter
Hybrid working has been widely adopted by households across the UK, meaning that more people are continuing to spend their days workin..
Finance
Bank of England publishes rules for energy firms’ liquidity tool
LONDON (Reuters) – The Bank of England published on Monday the rules for energy firms seeking to use a new liquidity tool design..
Headlines
UK finance minister Hunt to make statement at 1000 GMT – source
LONDON (Reuters) – British finance minister Jeremy Hunt will make a statement at 1000 GMT, a source in Prime Minister Liz Truss&..
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ITV shares jump on reports it could sell stake in production arm
LONDON (Reuters) – Shares in ITV jumped 7% in early deals on Monday, lifted by a Financial Times report that it is considering s..
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UK’s Hargreaves Lansdown CEO Hill to step down
By Sinchita Mitra (Reuters) -Hargreaves Lansdown said on Monday its Chief Executive Officer Chris Hill would step down after more than..
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How Britain’s pension scheme hedge became a trillion pound gamble
By Tommy Wilkes and Carolyn Cohn LONDON (Reuters) -It started out simply enough: British pension schemes were looking for a way to mat..
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Credit Agricole and CACEIS to buy RBC Investor Services’ Europe unit
PARIS (Reuters) – CACEIS, the asset servicing business owned by French bank Credit Agricole and Spanish bank Santander, has stru..
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UK housing market shows strains from “mini-budget”: Rightmove
LONDON (Reuters) – Britain’s housing market lost momentum this month after Prime Minister Liz Truss’s economic plans..
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Broadcom banking on early EU approval of $61 billion VMware deal
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom will seek early European Union antitrust approval of its proposed $..
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Analysis-G7 fails to reach intervention deal to ease pain of soaring dollar
By Leika Kihara WASHINGTON (Reuters) – Japan and other countries facing the fallout from a soaring U.S. dollar found little comf..
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Euro zone bond yields fall as ECB policymaker flags recession risk, gilts eyed
By Stefano Rebaudo (Reuters) -Euro zone bond yields fell on Friday after a European Central Bank (ECB) policymaker flagged recession r..
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Royal Mail warns of thousands of job cuts as it slides into red
By Yadarisa Shabong (Reuters) -Royal Mail could cut up to 10,000 jobs and the loss-making business warned of more layoffs if planned s..
Headlines
London Businesses Urged to Sign Up For Free Net Zero and Energy Crisis Business Support
Despite last week’s announcement of government support, many businesses still face a challenging winter and uncertain future thanks to..
Business
Analysis-ECB ‘QT’ may be next challenge for tumultuous markets
By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – The European Central Bank is considering entering the maelstrom of vola..
Headlines
Euro zone posts record trade deficit in August amid soaring energy prices
BRUSSELS (Reuters) – The euro zone posted in August its largest trade deficit since it expanded to 19 countries in 2015, as high..
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Spain September final 12-month inflation revised down to 8.9%
MADRID (Reuters) – Spanish consumer prices rose 8.9% year-on-year in September, down from 10.5% in the period through August and..
Headlines
TomTom shares fall as 2023 uncertainties outweigh Q3 beat
By Federica Mileo and Augustin Turpin (Reuters) – Dutch navigation and digital mapping company TomTom on Friday cut its cash flo..
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German car industry baulks at supplier demands over energy hikes
By Victoria Waldersee WOLFSBURG, Germany (Reuters) – Germany’s giant carmakers may have secured their own energy supplies ..
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Polish c. banker Kotecki says rates should be several percentage points higher
WARSAW (Reuters) – Polish central bank has several percentage points of space to increase interest rates as inflation is set to ..
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Athletics-Ujah will be considered for selection after doping ban – UK Athletics director
(Reuters) – UK Athletics technical director Stephen Maguire said Chijindu Ujah will be considered for selection after his 22-mon..
Headlines
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 ..
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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..
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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