UK banks asked by lawmakers if they’re ‘exploiting’ savers with low rates
By Iain Withers LONDON (Reuters) -British banks faced fresh criticism on Monday for the savings rates they offer to cash-strapped cus..
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Casino shares plunge as supermarket chain faces increased default risk
PARIS (Reuters) -Shares in France’s Casino plunged by as much as 20% to fresh record lows on Monday after the supermarket chain ..
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Panasonic needs four more EV battery plants, executive says
OSAKA, Japan (Reuters) -The battery arm of Japan’s Panasonic will need to build four more factories to reach its target for a sh..
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UK year-ahead inflation expectations rise to 5%: Citi/YouGov
LONDON (Reuters) -The British public’s expectations for inflation over the coming year rose in June but long-run expectations ea..
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Apple makes history as first $3 trillion company amid tech stock surge
(Reuters) – Apple Inc became the first company in the world to reach a market value of $3 trillion, buoyed by hopes over its exp..
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Australia’s United Malt agrees to $1 billion takeover offer from France’s InVivo
(Reuters) -United Malt Group Ltd said on Monday it agreed to a A$1.5 billion ($999 million) takeover offer from Malteries Soufflet, a ..
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Hong Kong May retail sales rise 18.4%, sixth month of growth
HONG KONG (Reuters) – Hong Kong’s May retail sales rose 18.4% from a year earlier thanks to the revival of inbound tourism..
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Revolutionizing corporate governance: The case for a centralized proxy voting platform
By Jonathan Smalley, COO and Co-Founder, Proxymity Proxy voting has long been a critical aspect of corporate governance, allowi..
Business
The imperative of mature governance: mitigating nepotism and combating corporate rot
Mature governance is a vital pillar of successful businesses, ensuring fairness, transparency, and accountability within organizationa..
Business
Finding the Balance with Hybrid Working
By Jonathan Sharp, CEO, Britannic Businesses are still struggling to find the equilibrium between remote and hybrid working ens..
Business
Preparing your business for the latest family-friendly employment laws: are you ready?
In today’s competitive job market, employers must prioritise family-friendly employee benefits and policies to attract and retai..
Business
UK car output jumps 27% in May from year earlier on steady EV demand
(Reuters) – Britain’s car production rose for a fourth straight month in May, driven by higher demand for electric vehicle..
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Volkswagen in talks with Tesla to adopt its charging standard
(Reuters) -Volkswagen is in talks with Tesla to adopt its North American Charging Standard (NACS) technology, while the German automak..
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AutoStore to appeal London high court loss to Ocado in patent feud
LONDON (Reuters) – Norwegian robotics firm AutoStore said on Thursday it will appeal a London high court judgement in March whic..
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Credit Suisse appoints investment banking management committee -memo
NEW YORK (Reuters) – Credit Suisse Group AG on Thursday appointed an investment banking management committee to oversee its inte..
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Britain’s Ocado follows rivals in cutting some prices
LONDON (Reuters) – British online supermarket Ocado Retail has followed rivals by cutting prices of some essential items, adding..
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Essential Equipment for Skilled Builders and Contractors: Optimising Efficiency and Safety in the Construction Business
The construction industry accounts for a significant portion of the UK’s vibrant economy, representing over £72 billion in new orders ..
Business
South African citrus growers say EU pest rules putting squeeze on exports
(Reuters) – New European Union pest control rules will cut South Africa’s orange exports to Europe by 20% this year, threa..
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India’s aerospace suppliers see upside in parts-making from record jet orders
PARIS/DELHI (Reuters) -Indian aerospace suppliers see record jet orders by the country’s top two carriers boosting domestic part..
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Chinese payment giants revive effort to accept foreign credit cards
HONG KONG (Reuters) – Chinese tech giants Tencent Holdings and Ant Group said that they would allow users to link international ..
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Euro zone lending takes another hit in May
(Reuters) – Euro zone bank lending slowed further in May, dragged down by higher interest rates and a recession in the blocR..
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Boohoo urges Revolution Beauty to call general meeting over board changes
(Reuters) – Boohoo on Wednesday urged Revolution Beauty to call for its requisitioned general meeting “without further del..
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SAP CEO: huge growth potential in generative AI
(Reuters) – German business software maker SAP sees huge growth potential in generative AI technology, Chief Executive Officer C..
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Nissan will not fill COO position left open by Gupta’s departure
TOKYO (Reuters) – Nissan Motor Co has decided to not fill in the chief operating officer position vacated by Ashwani Gupta under..
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Asia shares subdued, yen shunned as euro shines
SYDNEY (Reuters) – Asian shares stalled on Wednesday as surprisingly upbeat U.S. economic news warred with global growth concern..
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Google lays off staff at its mapping app Waze
(Reuters) -Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app’s advertising syste..
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Google lays off staff at its mapping app Waze
LONDON (Reuters) – One in seven people in the United Kingdom faced hunger last year because they did not have enough money, acco..
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Cryptoverse: Bitcoin bounces on BlackRock buzz
By Lisa Pauline Mattackal and Medha Singh (Reuters) – What would Satoshi make of it all? Bitcoin, the currency created to subver..
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Hungary not getting EU recovery funds would hit credibility – Fitch
By Gergely Szakacs BUDAPEST (Reuters) – Any failure by Hungary to pass reforms to unlock European Union recovery funds would har..
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German bond yield curve most inverted in nearly 31 years
(Reuters) -The German yield curve was at its most inverted level in nearly 31 years on Tuesday as investors bet that a flagging econom..
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Aston Martin’s shares skid after it drops sales volume target
(Reuters) – British luxury carmaker Aston Martin unnerved investors on Tuesday by leaving out a sales volume target as it stuck ..
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Renault CEO says free float of future electric unit will be more than 10%
PARIS (Reuters) – A sizeable chunk of Renault’s planned electric vehicle spinoff could remain in free float on the stock m..
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Accor plans to add more than 1,200 hotels
(Reuters) -Accor plans to open more than 1,200 hotels in the next five years, increasing the number of its resorts by more than one-fi..
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China’s state banks seen selling dollars offshore to slow yuan drop – sources
SHANGHAI/BEIJING (Reuters) -China’s major state-owned banks were seen selling dollars in the offshore spot foreign exchange mark..
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Indonesia’s Pertamina, Electrum sign battery packs development deal
JAKARTA (Reuters) – Indonesia’s state energy company Pertamina said late on Monday it plans to develop battery packs for e..
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Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal
KUALA LUMPUR (Reuters) – Petronas said on Tuesday it has signed a development agreement with TotalEnergies Carbon Neutrality..
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Dollar holds firm ahead of U.S. durable goods, housing data
TOKYO (Reuters) – The U.S. dollar held its ground against major currencies on Tuesday as tension in Russia simmered and traders ..
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