ABB picks electrification chief Wierod as CEO
ZURICH (Reuters) -ABB appointed Morten Wierod as chief executive on Friday, replacing Bjorn Rosengren who led an overhaul of the Swiss..
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Stocks bask in tech mania, Nvidia boom
By Stella Qiu SYDNEY (Reuters) -Global stock markets are on course on Friday for a week of heady gains as AI darling Nvidia’s st..
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StanChart lowers income target, launches $1 billion share buyback as profit jumps 18%
By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) -Standard Chartered PLC on Friday rewarded shareholders with dividends and ..
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Allianz nearly doubles Q4 net profit, helped by health and life business
FRANKFURT (Reuters) -Germany’s Allianz nearly doubled its fourth-quarter net profit from a year earlier, a figure that came in j..
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BASF dials up cost cuts in Germany, flags earnings rebound
By Ludwig Burger FRANKFURT (Reuters) -Germany’s BASF will slash another 1 billion euros ($1.1 billion) in annual costs at its Lu..
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Strategies for Achieving Work-Life Balance as an Entrepreneur
Introduction In the fast-paced world of entrepreneurship, achieving a healthy work-life balance can seem like an elusive goal. The dem..
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ECB reports record loss for 2023 as rate hikes bite
FRANKFURT (Reuters) – The European Central Bank on Thursday reported a record annual loss for 2023 and said further losses were ..
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China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market
BEIJING (Reuters) – China’s Xpeng on Thursday said it has established a strategic partnership with UAE-based Ali&Sons ..
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As Nikkei eclipses 34-year record, derivatives signal stall ahead
By Junko Fujita TOKYO (Reuters) – As Japan’s Nikkei catapults past its bubble-era peak and investors grow confident of fut..
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TotalEnergies Texas refinery running at minimal rates, say sources
By Erwin Seba HOUSTON (Reuters) -TotalEnergies’ 238,000-barrel-per-day (bpd) refinery in Port Arthur, Texas, is operating at min..
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Nestle misses sales estimates as price hikes deter shoppers
By Richa Naidu LONDON (Reuters) – Nestle reported full-year organic sales growth slightly below expectations on Thursday as the ..
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Delivery Hero terminates talks on potential sale of foodpanda business in Southeast Asia
(Reuters) – German food delivery company Delivery Hero said on Wednesday that the ongoing talks for the potential sale of its fo..
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Delivery Hero terminates talks on potential sale of foodpanda business in Southeast Asia
(Reuters) – German food delivery company Delivery Hero said on Wednesday that the ongoing talks for the potential sale of its fo..
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Chancellor must back the people backing the UK’s small businesses in Spring Budget
February 2024: Ahead of the Spring Budget, Purbeck Personal Guarantee Insurance a business on the frontline supporting small business..
Finance
German economy in stormy waters as government slashes forecast
By Christian Kraemer and Rachel More BERLIN (Reuters) -The German government expects the economy to grow 0.2% this year, far less than..
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How to use business storytelling to connect with customers
In the ever-evolving landscape of business, where competition is fierce and customer loyalty is crucial, mastering the art of storytel..
Business
London’s iconic BT Tower to become a hotel
LONDON (Reuters) -London’s iconic BT Tower is set to become a luxury hotel after the owner BT Group agreed to sell the 177-metre..
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UK sees record monthly budget surplus, but tough picture ahead of budget
By David Milliken and Suban Abdulla LONDON (Reuters) -Britain chalked up its highest ever monthly budget surplus in January due to rec..
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Coffee group JDE Peet’s posts surprise growth in 2023 operating profit
By Stephanie Hamel and Gaelle Sheehan (Reuters) -JDE Peet’s, one of the world’s largest coffee companies, on Wednesday rep..
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Asian shares ease as early rate cut bets fizzle, focus on Fed minutes
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks eased on Wednesday as diminishing expectations of early interest rate cuts ..
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Beijing shuts highways after heavy snowfall
BEIJING (Reuters) – Beijing shut some highways on Wednesday after heavier-than-expected snowfall hit the Chinese capital overnig..
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Crypto firm Circle to end support for USDC stablecoin on Tron blockchain
By Tom Wilson LONDON (Reuters) – Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain networ..
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UK employers offer smaller pay rises at start of 2024, XpertHR survey shows
LONDON (Reuters) – British employers scaled back the annual pay settlements they offered to staff at the start of 2024, a survey..
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Building a secure future with escrow’s extensive use cases
By Ed Boal, Head of Legal at Shieldpay Managing high-value, commercial transactions is no easy feat. Moving large sums of..
News
Citigroup raises CEO Jane Fraser’s 2023 pay by 6% to $26 million
(Reuters) -Citigroup increased Chief Executive Officer Jane Fraser’s compensation by about 6% to $26 million for 2023, the lende..
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Wake up: Subscription fatigue is nothing more than a bad dream
By Theresa McEndree, CMO at Recurly. While consumer behaviour is ever dynamic, subscriptions are firmly planted in our da..
Business
How to create an inclusive workplace culture in your business
Introduction In today’s dynamic business landscape, fostering an inclusive workplace culture is not just a buzzword; it’s ..
Business
Barclays plans cost cuts, bumper buybacks in bid to boost shares
LONDON (Reuters) -Barclays laid out a three-year plan to revive its flagging share price on Tuesday, including axing 2 billion pounds ..
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Dialysis firm FMC sees robust 2024 earnings growth after strong Q4
GDANSK (Reuters) – Fresenius Medical Care on Tuesday forecast its core earnings to grow by a mid- to high-teens percentage this ..
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China slashes mortgage reference rates to revive property market
SHANGHAI/SINGAPORE (Reuters) -China announced its biggest ever reduction in the benchmark mortgage rate on Tuesday, as authorities sou..
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Air Liquide tops profit forecast, hikes 2025 margin target
By Augustin Turpin and Olivier Cherfan (Reuters) -French industrial gases firm Air Liquide on Tuesday posted a better-than-expected an..
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Marketmind: Wages will test wagers on rates
A look at the day ahead in European and global markets from Tom Westbrook Europe’s central bank has singled out wages as the sin..
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New Industry-first Return On Ad Spend (ROAS) calculator reveals profitability
By Byron Marr, ProfitSpring. ProfitSpring, PPC and paid social marketing agency have created an ad profitability calcula..
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Closing the funding gap for SMEs across Europe
In January 2024, YouLend, the leading global embedded finance platform, announced the completion of a private securitisation tr..
Business
German homes are still overvalued despite price drop – Bundesbank
FRANKFURT (Reuters) – German homes are still overvalued despite a fall in prices last year as the cost of mortgages spiked, the ..
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Sterling inches higher after last week’s fall
By Harry Robertson LONDON (Reuters) – The pound edged slightly higher on Monday after falling last week, as investors waited for..
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Oppenheimer’ triumphs at BAFTA Film Awards with most win
By Marie-Louise Gumuchian LONDON (Reuters) -“Oppenheimer”, a three-hour epic about the making of the atomic bomb in World ..
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