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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UK regulator expresses concern over Hitachi-Thales rail signal deal
LONDON (Reuters) – Britain’s competition regulator said Hitachi’s 1.7 billion euro ($1.8 billion) acquisition of Tha..
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M&G posts net asset management inflows in Q1
LONDON (Reuters) – M&G recorded 1 billion pounds ($1.25 billion) of net inflows into its wholesale asset management business..
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Marketmind: O Canada! Markets wary of Fed hawkish surprise
A look at the day ahead in European and global markets from Ankur Banerjee Another day, another surprise hike. After the Reserve Bank ..
News
UK self-driving car dreams could break down at the starting line
By Nick Carey and Alistair Smout LONDON (Reuters) – Britain could lose out on investments in autonomous vehicles (AVs) and see s..
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Businesses count the cost of using questionable AI datasets
By Adonis Celestine, Director of Automation at Applause Generative AI tools like ChatGPT represent a significant opportunity for busin..
Business
AI can help transform mental health services
By Jonathan Sharp, CEO, Britannic The UK is grappling with a mental health crisis with 8 million people waiting patiently to be seen o..
Technology
Is ChatGPT just a shiny new toy or the end of marketing as we know it?
Simon Thorne, MD Europe, Mediaocean As we approach the halfway point of the year, it seems the early proclamation of 2023 as ‘t..
Technology
Let’s get physical: businesses cards are back and booming
By Sabine Leveiller, Marketing Director, Europe at Vista. Marketing efforts can be traced all the way back to the Roman empire when tr..
Business
World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook
By David Lawder WASHINGTON (Reuters) -The World Bank on Tuesday raised its 2023 global growth outlook as the U.S., China and other maj..
Finance
What to Know about Customs Brokers U
A customs, or import broker, is a specialist individual that will have all the necessary tools, skills and experience to streamline ..
Business
Oil rises on Saudi plan to deepen output cuts from July
By Noah Browning LONDON (Reuters) – Oil prices rose by more than $1 a barrel on Monday after top crude exporter Saudi Arabia ple..
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Richard Teng seen as potential successor to Binance’s Changpeng Zhao -reports
(Reuters) – Richard Teng, Binance’s head of regional markets outside the United States, is seen as the most likely candida..
News
Euro zone business growth slowed in May as factories struggled-PMI
LONDON (Reuters) – Euro zone business activity was shored up last month by the bloc’s dominant services industry offsettin..
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Volvo Cars sales up 31% in May
HELSINKI (Reuters) – Sweden-based Volvo Cars on Monday posted a 31% rise in monthly sales figures year-on-year, saying it had so..
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