Dollar slips after unexpected rise in US producer prices
By Herbert Lash and Joice Alves NEW YORK (Reuters) -The dollar edged lower on Tuesday following an unexpected increase in U.S. produce..
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Morning Bid: Markets eye US CPI and record high
A look at the day ahead in European and global markets from Tom Westbrook Stocks near record highs and Bill Hwang and Roaring Kitty in..
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UK banks urged to act now ahead of new cross-border payments legislation to prevent exclusion from international payment networks
24 April, 2024: With just over 18 months to go until the ISO 20022 compliance deadline, leading Quality Engineering company, Roq, is u..
Finance
The Challenges and Opportunities of Offering Banking Services to Gig Workers
Introduction In recent years, the gig economy has experienced tremendous growth, with more individuals opting for flexible work arrang..
Business
Bootstrapping vs. Venture Capital: Finding the Right Funding Path
Introduction In the world of entrepreneurship, one of the most critical decisions a founder must make is how to fund their business. T..
Business
In the Market: Financiers fret over ‘leverage on leverage’ in private credit
By Paritosh Bansal (Reuters) -To some elite financiers who gathered in Los Angeles for the Milken Institute conference, a debt binge i..
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European shares listless as investors brace for inflation test
By Ankika Biswas (Reuters) -Europe’s STOXX 600 struggled for direction on Monday, as investors geared up for this week’s k..
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London stocks muted ahead of more earnings, economic data
By Pranav Kashyap (Reuters) – London’s FTSE 100 was flat on Monday as gains in travel and leisure were offset by losses in..
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The case for forever high interest rates
By Yoruk Bahceli (Reuters) – If financial markets are right, interest rates won’t just stay high this year, but possibly f..
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EU countries approve law to slash trucks’ CO2 emissions
By Kate Abnett BRUSSELS (Reuters) – European Union countries gave their final approval on Monday to a law to cut carbon dioxide ..
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Stocks grind towards record highs in inflation-heavy week
By Wayne Cole and Amanda Cooper SYDNEY/LONDON (Reuters) -Global stocks neared record highs on Monday, in a week where inflation figure..
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Japan’s SoftBank swings to quarterly profit, eyes on Arm unit
By Anton Bridge TOKYO (Reuters) -Technology investor SoftBank Group swung to a net profit in the final quarter of its financial year, ..
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Germany says cybercrime by foreign actors rose by 28% in 2023
BERLIN (Reuters) – Cybercrime by foreign perpetrators surged in Germany in 2023, rising by 28% on the previous year, data releas..
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Amazon to invest $1.3 billion in France, create 3,000 jobs
By Supantha Mukherjee STOCKHOLM (Reuters) – Amazon said on Monday it would invest more than 1.2 billion euros ($1.3 billion) in ..
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UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions
(This May 10 story has been corrected to say ‘revenue per advertiser’ forecast, not ‘ad revenue’ forecast, in ..
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Microsoft to invest 4 billion euros in France
PARIS (Reuters) – Technology and software giant Microsoft will invest 4 billion euros ($4.3 billion) in France as part of the an..
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Floods kill 37 in Indonesia’s West Sumatra, 17 missing
TANAH DATAR (Reuters) – Flash floods and mud slides in Indonesia’s West Sumatra province killed at least 37 people this we..
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Currency market calm as US inflation data holds focus this week
TOKYO (Reuters) – Major currencies were steady on Monday with the dollar consolidating against peers, as market participants awa..
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UK employers plan 4% pay rises in coming year, survey shows
By Suban Abdulla LONDON (Reuters) – British employers expect to raise wages by 4% over the coming 12 months, a similar rate to t..
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Mindstone announces crowdfunding campaign to democratise access to AI.
LONDON – 8 May 2024: Mindstone, the upskilling platform bridging the gap between the potential and practical use of Artificial I..
Finance
Strategic partnerships for business growth
In today’s fast-paced and ever-evolving business landscape, companies are constantly on the lookout for innovative strategies to..
Business
Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability
PARIS (Reuters) -Novavax on Friday erased doubts about its ability to remain in business and struck a licensing deal worth up to $1.2 ..
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Retailer Lidl UK raises staff pay for third time in 12 months
LONDON (Reuters) – The British arm of German supermarket group Lidl said it would lift wages by over 3% in June, giving thousand..
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Honda sees full-year profit rising 2.8%
TOKYO (Reuters) – Japan’s Honda Motor Co forecast a 2.8% rise in operating profit for this financial year, after it exceed..
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
By Jennifer Rigby LONDON (Reuters) – Talks to draw up a global pact to help fight future pandemics are likely to miss an initial..
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Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports
(Reuters) -Mining giant Rio Tinto had considered an offer for British miner Anglo American, which is now BHP Group’s $39 billion..
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GeoPark to access $500 million from Vitol in return for oil deliveries
(Reuters) – GeoPark has struck a deal to sell a minimum of 20,000 barrels of oil per day to Dutch commodities trading firm Vitol..
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China’s push for greener aluminium hit by erratic rains, power cuts
BEIJING (Reuters) – Erratic rainfall in China’s southwest is frustrating a multibillion-dollar push to green an aluminium ..
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Oil hits 1-week high on demand hopes after China, US data
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 1% to a one-week high on Thursday after data from China and the U.S. signa..
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Bank of England clears path for its first rate cut since 2020
By William Schomberg, David Milliken and Suban Abdulla LONDON (Reuters) -The Bank of England paved the way on Thursday for the start o..
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STOXX 600 ends at record high; BBVA weighs on Spain
By Ankika Biswas and Johann M Cherian (Reuters) -Europe’s benchmark index inched up to close at a record high on Thursday, drive..
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Stocks gain as European shares hit new highs, dollar slips
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – World stocks edged higher on Thursday, helped by surging European sto..
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Europe’s rush for rate cuts shifts global market power away from US
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – The Bank of England has sent a new signal that borrowing costs will fall e..
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Telefonica tops forecast with 79% surge in Q1 profit
MADRID (Reuters) – Spain’s Telefonica beat forecasts with a 79% surge in first-quarter net profit on Thursday as higher fe..
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Leveraging VR for business training and simulations
In an era where technological advancements are not just innovations but necessities, businesses are constantly seeking cutting-edge to..
Technology
Brembo Q1 operating profit rises on record sales
(Reuters) – Italian premium brake maker Brembo posted on Thursday an 8.5% yearly increase in first-quarter operating profit as r..
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Stocks stall near record highs, pound poised for BoE
LONDON (Reuters) – World stocks were taking a well-earned breather on Thursday after a strong few weeks and ahead of a Bank of E..
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