Dollar slides after US inflation meets expectations in April
By Hannah Lang and Joice Alves NEW YORK/LONDON (Reuters) – The dollar was lower and on track for its first monthly decline in 20..
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Oil set for weekly loss ahead of OPEC+ meeting
NEW YORK (Reuters) -Oil prices fell on Friday and were set for a weekly loss as investors awaited an OPEC+ meeting on Sunday that will..
Headlines
Stocks lose steam after U.S. data
By Sinéad Carew and Huw Jones LONDON (Reuters) -MSCI’s global equities index gave up earlier gains on Friday after data showed m..
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European shares rise after US inflation data keeps Fed rate cut hopes alive
By Shubham Batra and Shashwat Chauhan (Reuters) -European shares rose on Friday after softer U.S. inflation data spurred hopes of inte..
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London stocks end higher for third month
(Reuters) -London stocks closed higher on Friday, logging a third straight month of gains, as investors cheered an in-line inflation r..
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Nvidia set to overtake Apple as world’s second-most valuable company
By Medha Singh (Reuters) -Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the biggest ben..
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EU approves Italian aid for $5.4 billion STMicro chip plant
By Toby Sterling CATANIA, Italy (Reuters) -The European Commission on Friday approved Italian state aid for STMicroelectronics to buil..
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German retail sales fall more than expected in April
(Reuters) -German retail sales fell more than expected in April, decreasing by 1.2% compared with the previous month, dimming hopes th..
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Renault, Geely create joint venture for hybrid, combustion engines
(Reuters) -French automaker Renault and Chinese partner Geely announced a highly anticipated joint venture on Friday that will develop..
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Investors hold their breath for inflation data
A look at the day ahead in European and global markets from Ankur Banerjee The time for waiting is almost over as inflation reports fr..
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Analysis-Aircraft shortages turn into cash bonanza for some airlines
CHICAGO (Reuters) – Aircraft shortages are turning into a moneymaker for some airlines as the dearth of supply allows carriers t..
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India cenbank moves 100 tons of gold from UK to domestic vaults, TOI reports
BENGALURU (Reuters) – India’s central bank has moved a little more than 100 metric tons of gold from the UK to its domesti..
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Exploring the true cost of not embedding finance
Scott Frisby, Head of Strategy at Elavon in Europe. With consumers increasingly choosing digital transactions, the embedded finance ma..
Business
The evolution of payroll: How technology is shaping the future of employee payments
In a world where technology constantly evolves, payroll systems have seen significant transformations. From manual calculations to aut..
Business
Stocks regain some ground, bonds steady after rate angst sell-off
LONDON (Reuters) -European stocks edged higher on Thursday as bonds regained some ground after a sell-off the day before on bets that ..
Headlines
Britain’s creaking power grid leaves green energy revolution adrift
PORTSMOUTH, England (Reuters) – British ferry operator Wightlink wants to order a $60 million, state-of-the-art electric ferry t..
Headlines
Battle over power pylons highlights Britain’s net zero challenge
WAVENEY VALLEY, England (Reuters) – Dot Matthie says she faces losing the use of the airstrip in her field because of a British ..
Headlines
Which payment options are best for your small business?
The days of one or two payment types are long gone. If you run a small business, you know the list of ways to take payments keeps gett..
Business
Dollar trades around two-week high as U.S. bond yields surge
By Harry Robertson and Kevin Buckland LONDON/TOKYO (Reuters) – The dollar held steady on Thursday after rising to a two-week hig..
News
Birkenstock raises annual revenue forecast on strong footwear demand
(Reuters) – Birkenstock raised its annual revenue forecast on Thursday, as the German sandal maker bets on benefits from full-pr..
Headlines
Italy April jobless rate falls to 6.9%, lowest since 2008
ROME (Reuters) – Italy’s unemployment rate declined to 6.9% in April from a downwardly revised 7.1% the month before, data..
News
Brookfield enters deal to buy France’s Neoen for $6.6 billion
(Reuters) -Canada’s Brookfield said on Thursday that it, together with Brookfield Renewable Partners and Singapore’s Temas..
Headlines
Sneaker maker Golden Goose aims to list in Milan in June
MILAN (Reuters) – Italian luxury sneaker brand Golden Goose said on Thursday it aims to list on Milan’s Euronext in June. ..
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Airline SAS posts bigger Q2 loss, eyes end to restructuring
(Reuters) – Scandinavian airline SAS posted a bigger pretax loss for its fiscal second quarter compared to a year earlier and s..
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German inflation higher than expected ahead of ECB rates decision
By Rachel More BERLIN (Reuters) -German inflation rose slightly more than forecast to 2.8% in May, although economists said an increas..
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Global unemployment to slightly fall in 2024, UN labour body says
By Matteo Allievi (Reuters) -The global unemployment rate is expected to fall slightly to 4.9% this year from 5.0% in 2023, even as in..
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Aplomado Investments & Fenton Whelan Real Estate (AFW) and GSM Middle East to launch a super-premium, British international School on Qetaifan Island North, Qatar
LONDON, 28th May, 2024: Global Schools Management (GSM), which owns over 165 schools, and educates over 45,000 students in the United ..
Investment
China’s Geely to launch hybrids with more fuel-efficient engines
SHANGHAI (Reuters) – China’s Geely Holding Group on Wednesday said it would launch a series of hybrid models in the first ..
Headlines
German consumer sentiment recovers further heading into June
BERLIN (Reuters) – German consumer sentiment improved for the fourth month in a row heading into June as the outlook brightened ..
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Uber to offer Seine cruises, day trips in Paris during Olympics rush
(Reuters) – Uber Technologies unveiled a raft of measures on Wednesday, including a tie-up to offer cruises on the Seine river a..
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BYD unveils new hybrid tech as battle with gasoline rivals heats up
SHANGHAI (Reuters) -China’s BYD launched on Tuesday the latest version of a plug-in hybrid technology that improves fuel and cos..
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Hess shareholders sign off on $53 billion sale to Chevron
By Sabrina Valle HOUSTON (Reuters) -Hess shareholders on Tuesday approved the proposed $53 billion merger with Chevron that paves the..
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The power of connectivity in revitalising your business
By Ian Hoddle, Director of Enterprise at Virgin Media O2 Business In today’s competitive job market, attracting and..
Business
What is networking in business and why is it essential for your company’s growth?
Thomas Stanwell, Operations Director at Hexagon Cards, explains why networking is fundamental for business success and how the age of ..
Business
Global equity index dips as investors await inflation prints
By Sinéad Carew and Alun John NEW YORK/LONDON (Reuters) -A global equities gauge fell slightly on Tuesday while U.S. indexes were a ..
Headlines
Dollar slips ahead of data, set for first monthly drop in 2024
By Stefano Rebaudo (Reuters) -The dollar eased against most currencies on Tuesday ahead of key U.S. and euro zone inflation data late..
Headlines
Mosaic Data Science’s Neural Search Solution Named the Top Insight Engine of 2024 by CIO Review
In a significant acknowledgment of its pioneering efforts in the realm of insight engines, Mosaic Data Science has been recognized as ..
Business