US dollar edges lower but up against yen, Aussie
NEW YORK (Reuters) – The U.S. dollar slipped on Tuesday but strengthened against the Japanese yen as expectations of large inter..
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Apple unveils new AI-focused chip in upgraded iPad Pro
By Stephen Nellis (Reuters) -Apple unveiled its latest iPad Pro on Tuesday with a new chip for artificial intelligence computing as..
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‘Livestream’ shopping thwarts some high-tech tools to stop fake merch
By Arriana McLymore NEW YORK (Reuters) – Livestream shopping where buyers and sellers transact in real-time video is growing in ..
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UK construction growth hits 14-month high in April, PMI survey shows
(Reuters) – British construction companies enjoyed their fastest expansion in more than a year during April, despite a further d..
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SEO strategies for local businesses in 2024
In the ever-evolving landscape of online marketing, search engine optimization (SEO) remains a critical element for the success of loc..
Business
UBS shares soar as profit smashes forecasts, share buyback plans affirmed
By Noele Illien ZURICH (Reuters) – UBS on Tuesday reported first-quarter profit that trounced forecasts and said it was sticking..
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Saudi Aramco maintains $31 billion dividend despite lower Q1 net income
By Hadeel Al Sayegh DUBAI (Reuters) -Saudi Arabian state-owned oil giant Aramco expects to pay $31 billion in dividends to the Saudi g..
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People with two copies of a risk gene have genetic form of Alzheimer’s, scientists say
By Julie Steenhuysen CHICAGO (Reuters) -People who carry two copies of the APOE4 gene are virtually guaranteed to develop Alzheimer..
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European shares close at highest in a week; Indra surges
By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed at their highest levels in one week on Monday, with investor o..
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Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and..
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Dollar weaker on renewed Fed rate cut hopes; yen wobbles
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar index was lower on Monday for a fourth straight session as a softer-than-expected ..
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Global shares gain on rate cut bets; yen weakens
By Herbert Lash and Nell Mackenzie NEW YORK/LONDON (Reuters) -A gauge of global stock markets rose on Monday on optimism that major ce..
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ECB grows more confident about cutting rates, policymakers say
By Balazs Koranyi and Francesco Canepa VILNIUS/FRANKFURT (Reuters) -The European Central Bank is growing more confident about cutting ..
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Swedish central bank to cut key rate this week, Reuters poll shows
By Simon Johnson STOCKHOLM (Reuters) – Sweden’s central bank will cut its key interest rate this week by a quarter percent..
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Swiss National Bank exploring ways to tokenise financial assets
ZURICH (Reuters) – The Swiss National Bank is examining the best way that financial assets can be digitally tokenised as a way o..
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Sabadell board meets to consider BBVA’s $13 billion offer, sources say
By Jesús Aguado MADRID (Reuters) -Sabadell’s board was meeting on Monday to discuss an all-share offer from larger Spanish bank ..
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World shares climb on Fed cut bets, China gains; yen weakens
By Nell Mackenzie and Rae Wee LONDON (Reuters) -U.S. stocks looked to open higher on renewed bets that the Federal Reserve would likel..
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BioNTech says 90% of 2024 revenues will accrue at end of year
By Ludwig Burger FRANKFURT (Reuters) -Germany’s BioNTech, whose COVID-19 vaccine in partnership with Pfizer was widely used duri..
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Shares in Spain’s Indra surge after net profit rises 40%
(Reuters) -Shares in Spanish defence and technology firm Indra surged on Monday after its net profit rose 40% to 61 million euros ($66..
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Sourcing ethical products for your business
In today’s business landscape, the shift towards sustainability and ethical considerations in sourcing products is not just a tr..
Business
Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter
COPENHAGEN (Reuters) -The disruption to container shipping traffic in the Red Sea is increasing and is expected to reduce the industry..
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Westpac raises share buyback by $661 million even as costs and competition bite
By Sameer Manekar (Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared ..
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Spain abolishes national bullfighting award in cultural shift
MADRID (Reuters) – Spain scrapped an annual bullfighting award on Friday, prompting a rebuke from conservatives over a backlash ..
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Oil prices set for steepest weekly drop in three months
By Ahmad Ghaddar and Deep Kaushik Vakil LONDON (Reuters) -Oil prices steadied on Friday after weaker-than-expected U.S. jobs data, but..
Investment
Global equity funds attract robust weekly inflows, led by Asia
(Reuters) – Global equity funds experienced renewed interest from investors in the seven days through May 1, buoyed by a surge i..
Investment
Sterling shrugs off local election to focus on US payrolls data
By Joice Alves LONDON (Reuters) – Sterling rose on Friday against a weakening dollar ahead of U.S. jobs data due later in the da..
Investment
Analysis-Apple aims to tell an AI story without AI bills
By Stephen Nellis (Reuters) – For most of the past year and a half, Apple Chief Executive Tim Cook has fielded questions from Wa..
Headlines
Rethinking our approach to neurodiversity in the workplace
By Dr. Nancy Doyle, Chief Science Office, Genius Withiin Businesses are panicking about neurodiversity. The volume of employees who id..
Business
Analysis-Traders prep for another round of yen whack-a-mole
LONDON (Reuters) – Japan’s attempts to shore up its currency are putting trading desks across the globe on high alert and ..
Headlines
Oil edges back towards 7-week low after resilient US jobs data
LONDON (Reuters) -Oil edged back towards the previous day’s seven-week low on Thursday, paring earlier gains, after U.S. data po..
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Greek summer wildfire threat nears, outpacing plans to contain it
By Angeliki Koutantou ATHENS (Reuters) – When firefighters arrived at a blaze in a pine forest on the Greek island of Rhodes las..
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Euro zone factory activity takes turn for the worse in April, PMI survey shows
By Jonathan Cable LONDON (Reuters) -The downturn in manufacturing activity across the euro zone deepened in April due to crumbling dem..
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Sterling gives back some Fed-inspired gains, eyes on local elections
By Samuel Indyk LONDON (Reuters) – The British pound slipped against the dollar, having risen the day before after the Federal R..
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UK set for weak growth and highest inflation in G7, OECD says
By Andy Bruce LONDON (Reuters) -Britain will suffer some of the lowest rates of economic growth and highest inflation among Group of S..
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European shares struggle for direction in earnings tide, Fed decision
By Ankika Biswas (Reuters) -European shares flitted in a tight range on Thursday, after falling to a one-week low in early trade, as i..
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ING announces share buyback, quarterly net interest income falls
By Diana Mandia and Matteo Allievi (Reuters) -ING Groep announced on Thursday a 2.5 billion euro share buyback following what the Dutc..
Investment
Bayer’s Monsanto wins reversal of $185 million PCBs verdict in Washington court
By Clark Mindock (Reuters) -A Washington state appeals court overturned on Wednesday a $185 million verdict against Bayer’s Mons..
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