Unilever to scoop up frozen yogurt brand Yasso
(Reuters) – Unilever said on Wednesday it is set to acquire frozen yogurt brand Yasso Holdings in North America, adding to its r..
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Hedge Fund Industry – Key trends in 2023
Coming off a volatile year, markets are experiencing similar macro uncertainties in 2023 with continued rake hike cycle, recession fe..
Investment
How to Boost Productivity With Intelligent Document Automation
By Krupesh Bhat, Founder, SignDesk In today’s rapid business environment, productivity is critical for suc..
Business
OMV Petrom makes largest crude oil discovery in decades
BUCHAREST (Reuters) -Romanian oil and gas group OMV Petrom, majority-controlled by Austria’s OMV, said on Tuesday it discovered ..
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Manchester United shares climb on speculations over takeover bid
(Reuters) -Manchester United’s shares were up 15% in premarket trading on Tuesday after a report hinted that Qatar’s Sheik..
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Britain’s COVID inquiry launches with pledge to put bereaved at its heart
LONDON (Reuters) – The chair of Britain’s COVID-19 inquiry pledged to put the bereaved and those who suffered at the heart..
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UK supermarket Asda freezes prices of 500 products
LONDON (Reuters) -Asda, Britain’s third largest supermarket group, has frozen the prices of over 500 products until the end of A..
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NATO to set up liaison office in Tokyo, strengthen links in region – Nikkei
TOKYO (Reuters) – NATO will set up a liaison office in Tokyo in 2024 and use it as a hub for cooperation with South Korea, Austr..
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BlackRock fund targets greening of materials sector
By Clara Denina and Simon Jessop LONDON (Reuters) – BlackRock on Tuesday launched the “Brown to Green Materials Fund”..
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IKEA bets on remote interior design as AI changes sales strategy
By Helen Reid LONDON (Reuters) – IKEA is training call centre workers to become interior design advisers as the Swedish furnitur..
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Domino’s Pizza to shut 27 stores in Denmark, Australian construction and supply arm
(Reuters) – Australia’s Domino’s Pizza Enterprises said on Tuesday it would shut 27 stores in Denmark, and its const..
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Rio Tinto inks deal to bring iron ore rail car manufacturing to Pilbara
(Reuters) – Mining giant Rio Tinto said on Tuesday it will partner with Western Australia-based Gemco Rail to bring local iron o..
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Oracle beats quarterly revenue estimates on cloud services demand
(Reuters) -Oracle on Monday topped fourth-quarter revenue estimates and forecast an upbeat first quarter, driven by growing demand for..
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UN chief backs idea of global AI watchdog like nuclear agency
UNITED NATIONS (Reuters) – U.N. Secretary-General Antonio Guterres on Monday backed a proposal by some artificial intelligence e..
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Georg Fischer makes rival bid for Finland’s Uponor, driving up shares
By Louise Rasmussen COPENHAGEN (Reuters) – Swiss industrial group Georg Fischer (GF) on Monday made a rival offer for plumbing a..
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Dollar edges lower as Fed pause eyed in busy central bank week
By Samuel Indyk and Rae Wee LONDON (Reuters) – The dollar slipped on Monday as traders stayed on guard ahead of policy decisions..
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Singapore Airlines appoints first female CFO
(Reuters) -Singapore Airlines said on Monday it appointed insider JoAnn Tan as its first female chief financial officer to replace Tan..
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Odey Asset Management says not gating funds in Crispin Odey succession
By Nell Mackenzie LONDON (Reuters) – Odey Asset Management is not considering imposing exit restrictions on investors in any of ..
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Exclusive-Broadcom set to win EU nod for $61 billion VMware deal, sources say
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billio..
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Westpac to layoff 300 workers in business and retail unit, says trade union
(Reuters) – Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at a t..
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British supermarket Waitrose cuts prices on 200 products
LONDON (Reuters) – British supermarket group Waitrose said on Monday it had reduced the price of more than 200 products as part ..
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Bitstamp partners with Fiat Republic’s to offer clients access to instant fiat and crypto liquidity
London, 7th June 2023: Bitstamp, the world’s original and longest-running cryptocurrency exchange, today announces its partnersh..
Finance
German media group Axel Springer eyes AI acquisitions
BERLIN (Reuters) – German media giant Axel Springer will establish a dedicated mergers-and-acquisitions team to look at firms sp..
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Two-speed economy in Sweden, central bank business survey shows
STOCKHOLM (Reuters) – Sweden’s economy is split between export and manufacturing businesses which are doing well and retai..
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Tesco reported to competition watchdog by consumer group over pricing concerns
LONDON (Reuters) -Tesco, Britain’s biggest retailer, has been reported to the competition regulator by consumer group Which? ove..
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AstraZeneca signs $2 billion agreement with Quell to develop cell therapies
(Reuters) – AstraZeneca said on Friday it had signed an agreement with Quell Therapeutics potentially worth more than $2 billion..
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Nomura’s India head of investment banking steps down -sources
NEW DELHI/HONG KONG (Reuters) -Nomura Holdings’ India Head of Investment Banking Utpal Oza has stepped down from the firm, sourc..
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Dassault Systemes targets doubling of earnings per share by 2028, announces new CEO
(Reuters) -French software provider Dassault Systemes on Friday forecast a doubling of its earnings per share (EPS) by 2028, and annou..
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Japanese investors plan to sue MUFG unit over Credit Suisse bonds – Nikkei
(Reuters) – A group of Japanese investors are planning to file lawsuits against some brokerages based in the country, including ..
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Asia shares lifted by Fed pause bets; China real estate retreats
By Kevin Buckland TOKYO (Reuters) – Asia-Pacific equities rose to their highest level since mid-February on Friday, taking cues ..
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Analysis-US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice
By Hannah Lang WASHINGTON (Reuters) -Other U.S. crypto exchanges are likely to be in the firing line after the Securities and Exchange..
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FTX U.S. judge expresses doubts about parallel Bahamian bankruptcy
By Dietrich Knauth NEW YORK (Reuters) – The judge overseeing FTX’s U.S. bankruptcy said Thursday that he would not defer t..
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COP28 president says fossil fuels phasedown is inevitable
By Riham Alkousaa BERLIN (Reuters) – The phasedown of fossil fuels is inevitable, the United Arab Emirates’ incoming COP28..
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CRH shareholders back primary listing switch to New York from London
By Graham Fahy DUBLIN (Reuters) – CRH shareholders on Thursday approved a plan to move the building materials company’s pr..
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Meta introduces broadcast tool Channels on WhatsApp
(Reuters) – Meta Platforms on Thursday introduced WhatsApp Channels, a feature that the social media giant said would help make ..
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Kremlin again points to ‘Anglo-Saxons’ over Nord Stream pipeline blasts
MOSCOW (Reuters) -The Kremlin, commenting on a report that the United States had known last year of a Ukrainian plan to attack the Nor..
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End of ‘Zero Covid’ fails to boost German investment in China – survey
By Sarah Marsh BERLIN (Reuters) – China’s decision to abandon its strict “zero-COVID” policy has not sparked a..
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