Swiss National Bank posts $15 billion loss during second quarter
ZURICH (Reuters) – The Swiss National Bank posted a second quarter loss of 13.20 billion Swiss francs ($15.14 billion), it said ..
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Revolutionising work with AI: boosting productivity & redefining the workweek
When we look back at the invention of the steam engine, it was an innovation that sparked an evolution in productivity and lifestyle. ..
Technology
Using technology to improve emergency planning
Emergencies can occur anywhere and at any time. Floods, fires, explosions, accidents, natural disasters and chemical spills are just s..
Technology
Inflation, Interest and the Cost of Living: What is Being Done?
The cost-of-living crisis is an ever-present threat to the average household in the UK. The cost of essential goods and services has c..
Finance
Oil climbs close to April peak on tighter supply
By Alex Lawler LONDON (Reuters) -Oil climbed by almost 1% on Thursday, recouping losses from the previous session, supported by supply..
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Automakers’ demand helps STM weather softening chip market
(Reuters) -European chipmaker STMicroelectronics on Thursday forecast higher third-quarter sales as demand from automakers helped it b..
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Mediobanca to launch new $223 million buyback after record year
MILAN (Reuters) – Italy’s Mediobanca said on Thursday it would buy back its own shares for around 200 million euros ($223 ..
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Sabadell doubles Q2 net profit, lifts guidance for 2023
By Jesús Aguado MADRID (Reuters) -Higher margins helped Spain’s Sabadell double net profit in the second quarter, beating market..
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EDF swings to profit thanks to price increases
PARIS (Reuters) – French nuclear power giant EDF swung to profit in the first half of the year, rebounding from a record loss in..
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ArcelorMittal cuts steel demand forecast, beats profit expectations
By Marine Strauss BRUSSELS (Reuters) -ArcelorMittal, the world’s second-largest steelmaker, lowered its steel shipments forecast on Th..
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Banks to fuel boom in UK Plc regular dividend payouts
MILAN (Reuters) – A recovery in bank payouts is set to lift UK regular dividends by 6.1% to 88.9 billion pounds ($114.8 billion)..
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Samsung to extend production cuts after $7 billion chip loss in H1
By Joyce Lee and Ju-min Park SEOUL (Reuters) -Samsung Electronics on Thursday said the worst is over for the global memory chip market..
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Mercedes-Benz says better supplies boost orders, economy still weighs
BERLIN (Reuters) – Mercedes-Benz forecast a subdued world economy with monetary policy weighing on consumers even as supply chai..
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Facebook parent Meta sees advertising jump, tops Wall Street targets
By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms on Wednesday reported a strong rise in advertising revenue, topping Wa..
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Exclusive-Amazon has drawn thousands to try its AI service competing with Microsoft, Google
By Jeffrey Dastin (Reuters) – Amazon.com’s cloud division has drawn thousands of customers to try out its service vying with Mic..
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The Steps Needed to Succeed as a Catering Start Up
Given the lower startup costs compared to a full-fledged restaurant, a catering business can be a fantastic option for venturing into ..
Education
Nissan seals Renault deal, now faces hard yards in China
By Daniel Leussink and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan will invest up to $663 million in Renault’s new electric v..
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Limited support for central bank digital currencies in global investment industry survey
By Marc Jones LONDON (Reuters) – The most comprehensive survey of the global investment industry on central bank digital currenc..
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Exclusive-EU regulators rebuff Meta’s offer to curb use of ad data, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms offered to curb the use of competitors’ advertising data for its Faceb..
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Intel, Ericsson to work together on custom 5G chip
By Stephen Nellis (Reuters) – Intel Corp on Tuesday said that it will work with Swedish telecommunications gear maker Ericsson t..
Headlines
The Steps Needed to Succeed as a HealthTech Start Up
As with any startup company, jumpstarting a HealthTech business is no walk in the park. Healthcare technology refers to any tool or so..
Business
Mastering AvaTrade’s MT4 Platform: A Comprehensive Guide for Beginners
MetaTrader 4 (MT4), developed by MetaQuotes Software, is among the most popular trading platforms globally. AvaTrade, as one of the le..
Investment
Exclusive-U.S. SEC readies penalty for DWS in greenwashing probe by end September -sources
By Chris Prentice and Tom Sims NEW YORK/FRANKFURT (Reuters) – The U.S. Securities and Exchange Commission is preparing to resolv..
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Dulux maker Akzo Nobel lifts outlook on easing raw material costs
By Matteo Allievi (Reuters) -Dutch paints and coatings maker Akzo Nobel raised its annual profit outlook on Tuesday, supported by decl..
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France’s Thales to buy Imperva in $3.6 billion cybersecurity deal
By Tim Hepher and Mathieu Rosemain PARIS (Reuters) -France’s Thales said on Tuesday it would buy U.S. cybersecurity company Impe..
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Peace-themed torch unveiled for Paris 2024 Olympics
PARIS (Reuters) – The design of the Paris 2024 Olympic and Paralympic torch was unveiled on Tuesday, imitating the reflection of..
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“Last hope”: Eager Germans are prepared to pay for weight-loss drug
By Ludwig Burger and Maggie Fick FRANKFURT/LONDON (Reuters) – Frustrated after countless failed diet and exercise attempts, 41 y..
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Unilever sees Chinese consumer confidence at ‘historical low point’
LONDON (Reuters) – British consumer goods giant Unilever said on Tuesday that China’s declining property market and export..
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Euro zone firms slash loan demand to lowest on record: ECB poll
FRANKFURT (Reuters) – Euro zone firms’ demand for loans dropped to the lowest on record last quarter and a further decline..
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Pertamina, Petronas to pay up to $650 million for Shell’s Masela gas stake
TANGERANG, Indonesia (Reuters) -Indonesia’s Pertamina and Malaysia’s Petronas signed an agreement with Shell on Tuesday to..
Headlines
Keyboard maker Logitech raises forecast for first half of 2024
(Reuters) -Logitech International raised its sales and profit outlook for the first half of the financial year 2024 on Tuesday in its ..
News
UK’s Virgin Media O2 to lay off up to 2,000 employees by year end
(Reuters) – British mobile operator Virgin Media O2 said on Monday it was planning to lay off up to 2,000 employees by the end o..
Headlines
The benefits of in-person meetings
In today’s digital age, virtual meetings have become the norm for many businesses. While they offer convenience and flexibility,..
Business
Fast-track your proposition development with AI
Discover how you can save time and improve results By Adelynne Chao, founder of Untold Insights The world keeps speeding up, and busin..
Technology
UK flexible working bill: why it’s a major victory for all, and what comes next
The UK’s Flexible Working Bill has successfully passed the House of Lords and is now well on its way to becoming law, marking a ..
Business
Global shares, U.S. yields rise as investors eye rates, earnings
NEW YORK (Reuters) -Global equity markets and Treasury yields rose on Monday as investors braced for interest rate decisions from key ..
Investment
Luxury Brands Are Now Entering Space At Lightspeed
Interstellar travel is becoming more frequent and fast becoming the new playground for those rich enough for an ‘out of this world’ ex..
Business