Moody’s cuts China credit outlook, citing lower growth, property risks
(Reuters) – Ratings agency Moody’s cut its outlook on China’s government credit ratings to negative from stable on T..
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Explainer-What new OPEC+ oil output cuts are in place after Thursday deal
By Alex Lawler LONDON (Reuters) -OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels p..
Headlines
China Asset Management Co., Ltd. Recognized with Two Key Accolades in the 2023 Global Banking & Finance Awards®
China Asset Management Co., Ltd. (ChinaAMC) continues its streak of excellence. For the fourth consecutive year, Global Banking & ..
Investment
Analysis-Schnabel reconciles ECB with markets – until next fight
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s leading hawk Isabel Schnabel has ..
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Dollar steady after key jobs data comes in below estimates
By Hannah Lang and Amanda Cooper WASHINGTON/LONDON (Reuters) -The U.S. dollar stood near a one-week high against a basket of currencie..
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COP28 focus on health draws $777 million to fight tropical disease
By Gloria Dickie, Elizabeth Piper and Alexander Cornwell DUBAI (Reuters) -The United Arab Emirates and several charities at the U.N. c..
Headlines
UK retailers see weak sales growth in November despite Black Friday deals
By Suban Abdulla LONDON (Reuters) -British retail sales growth remained sluggish in November despite Black Friday deals, as the ongoin..
Business
Dollar finds footing ahead of job data deluge
By Amanda Cooper LONDON (Reuters) – The U.S. dollar regained some ground on Tuesday and hovered near a one-week high against a b..
Investment
Fall in euro zone Nov business activity adds to recession expectations -PMI
LONDON (Reuters) – The downturn in euro zone business activity eased last month but still indicates the bloc’s economy wil..
Business
Swathes of Siberia freeze in temperatures below -58 Celsius
YAKUTSK, Russia (Reuters) – Arctic weather enfolded swathes of Russia on Tuesday, with temperatures in the wilds of Siberia fall..
News
How to upskill your workforce through apprenticeships
By Tasmin Raynor, Director of Apprenticeships, The OCM In today’s fast-paced business world, continuous learning an..
Business
Using data to identify optimal marketing & advertising spend for businesses
Co-authored by Daniel Haville, CEO & Founder at Dataru and Marianne Brits-Strodl, Group COO at D..
Business
Contemporary Art: A Resilient Investment Choice in Turbulent Times
By Callum Thomas, Freelance journalist In a world where economic certainty is as fleeting as the latest trend, and ..
Investment
Dollar gains back ground on rate bets; bitcoin breaches $42,000
By Hannah Lang and Harry Robertson WASHINGTON/LONDON (Reuters) – The dollar ticked higher on Monday, regaining some ground after..
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Non-executive director or business coach – which would be best for your SME?
By Paul Owen, MD, True Sales At some point, most small and medium enterprises (SMEs) reach a point where they feel the ne..
Business
Spotify to cut 1,500 jobs in third layoff round this year, shares jump
By Supantha Mukherjee STOCKHOLM (Reuters) – Music streaming giant Spotify said on Monday that it will lay off around 1,500 emplo..
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German budget crisis talks enter crunch week
BERLIN (Reuters) – German Chancellor Olaf Scholz, Finance Minister Christian Lindner and Economy Minister Robert Habeck held tal..
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EU auditors warn about worsening competition in public procurement
By Gabriela Baczynska BRUSSELS (Reuters) – Competition in public procurement across the 27 European Union countries worsened o..
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Sweden’s Riksbank says policy must remain tight, can’t rule out hike – minutes
STOCKHOLM (Reuters) – Swedish monetary policy needs to remain tight for some time and the policy rate may need to be raised furt..
Finance
Oil down as uncertainty over OPEC+ supply cuts, demand growth weigh
By Mohi Narayan and Florence Tan NEW DELHI (Reuters) – Oil futures reversed course after rising briefly on Monday amid persisten..
News
AI defined 2023. Bullets and ballots will shape 2024
By Simon Robinson (Reuters) – How to sum up the most important news of the year past? The obvious answer in 2023 is to use Artif..
Technology
Analysis-EU’s electric dreams short-circuited by EV charging gridlock
By Julia Payne BRUSSELS (Reuters) – Electric vehicle drivers hoping to top up their batteries at one of Repsol’s 1,600 Spa..
Headlines
Market pushback on central banks’ rates view just got louder
By Yoruk Bahceli and Davide Barbuscia LONDON (Reuters) -A big disconnect between financial markets and central banks has just got deep..
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Markets pin hopes on soft landing, with one eye on recession risk
By Yoruk Bahceli, Dhara Ranasinghe and Naomi Rovnick (Reuters) – A stellar rally in equities and bonds suggests market confidenc..
Investment
Analysis-Job cuts, lean bonuses loom over Europe’s bankers in 2024
By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) – A mix of global economic unease and geopolitical uncertaint..
Business
Marketmind: Markets wary Powell may undermine rate-cut bets
A look at the day ahead in European and global markets from Ankur Banerjee With a blockbuster November in the rear view mirror, invest..
Investment
After Musk tirade, X faces prospect of more advertisers fleeing
By Sheila Dang, Chavi Mehta and Jaspreet Singh (Reuters) -Social media company X faces the prospect of more advertisers fleeing and ha..
Headlines
Expert Tips: 10 Ways To Reduce Business Expenses
In today’s competitive business landscape, controlling expenses is crucial for survival and growth. Every penny saved is a penny..
Business
Henry Kissinger, American diplomat and Nobel winner, dead at 100
By Steve Holland and Arshad Mohammed WASHINGTON (Reuters) -Henry Kissinger, a diplomatic powerhouse whose roles as a national security..
Headlines
UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
ZURICH (Reuters) – Billionaires increased in numbers and overall wealth last year, Swiss bank UBS said on Thursday, with the for..
Investment
Public investors with $4.3 trln are down on China but in on net zero
By Libby George and Bansari Mayur Kamdar LONDON (Reuters) – Public pension and sovereign wealth funds managing $4.3 trillion in ..
Investment
Exclusive-Four banks quit initiative assessing climate targets-sources
By Tommy Wilkes LONDON (Reuters) -Four major banks, including Standard Chartered Plc and HSBC Plc, have quit a United Nations-backed i..
Finance
Swedish property problems could accelerate price drops in Denmark, central bank says
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark’s central bank said on Tuesday that the risk of further price dr..
News
Britain to promote share ownership in bid to encourage London IPOs
By Huw Jones LONDON (Reuters) – Britain plans further measures to encourage people to buy shares in an effort to boost economic ..
Business
UK’s FTSE 100 dips on miners, energy drag
By Shashwat Chauhan (Reuters) -UK’s FTSE 100 slipped on Monday, as losses in heavyweight energy and mining stocks chipped away o..
Investment
Baer says exposure to single group tops 600 million francs, as Signa crisis deepens
ZURICH (Reuters) -Julius Baer, which has been expected to write down some loans to troubled property group Signa, said on Monday it ha..
Business
Marketmind: Markets turn risk-averse after bumper month
A look at the day ahead in European and global markets from Wayne Cole. Asia started Monday in hesitant fashion and has turned steadil..
Investment