Soaring airline customer complaints push global legislators to act
LONDON/MONTREAL (Reuters) – Nikoleta Dodova is among a growing number of dissatisfied airline customers. Having bought her mothe..
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Elon Musk’s Neuralink says has FDA approval for study of brain implants in humans
By Akriti Sharma and Rachael Levy (Reuters) – Elon Musk’s brain-implant company Neuralink on Thursday said the U.S. Food a..
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Nippon Steel still in talks with Teck as it seeks stake in coal asset
By Yuka Obayashi and Mayu Sakoda TOKYO (Reuters) -Nippon Steel Corp is still in talks with Teck Resources, despite Glencore’s bi..
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Equinor shuts output at Statfjord A platform due to leakage
OSLO (Reuters) – Norway’s Equinor said it shut production at the Statfjord A oil and gas platform in the North Sea on Thur..
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Some smaller UK lenders pull mortgage products as markets churn: brokers
LONDON (Reuters) – Some smaller British mortgage lenders temporarily withdrew and repriced products for new customers on Thursda..
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Companies face stricter supply finance disclosures after Greensill collapse
LONDON (Reuters) – Companies will have to disclose details of loans for paying suppliers from January 2024, a global accounting ..
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UK retail sales fall in May after April rise, outlook less gloomy: CBI
LONDON (Reuters) – British retail sales declined this month after a modest rise in April but stores expect sales volumes to stab..
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Armani sales up 18% in Q1 as Asia rebounds, U.S. slows down
MILAN (Reuters) – Italy’s Armani said on Thursday that sales jumped 18% in the first quarter thanks to a rebound in Asia a..
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Analysis-Europe hits resistance in race to finalise green laws
BRUSSELS (Reuters) – Increased political resistance to new EU laws to protect the environment has left the European Commission f..
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Oil eases as Russia downplays additional OPEC+ cuts
By Ahmad Ghaddar LONDON (Reuters) -Oil prices fell on Thursday after Russian Deputy Prime Minister Alexander Novak played down the pro..
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British EV maker Arrival seeks second chance with US EV tax credits
DETROIT/BICESTER, England (Reuters) – British electric van startup Arrival, which has hit many road bumps in its quest to become..
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Ericsson beats US shareholder lawsuit over graft disclosures
(Reuters) – Swedish telecoms company Ericsson beat a lawsuit by U.S. shareholders on Wednesday, when a federal judge ruled it di..
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Dollar gains after Fitch watch heightens debt ceiling jitters
TOKYO (Reuters) – The dollar pushed to a two-month peak against a basket of its peers on Thursday as worries mounted about a dis..
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Enel suspends Colombia wind farm construction after years of protests
BOGOTA (Reuters) – The Colombian unit of Italy’s biggest utility, Enel, indefinitely suspended the construction of a wind ..
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UK car output up 9.9% y-o-y in April as supply chain issues ease
(Reuters) – The number of cars made in Britain rose by 9.9% year-over-year in April as easing supply chain snarls helped boost p..
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Why digital transformation in finance teams needs to happen now
By Mark Jenkins, Chief Information Officer at MHR On 30 November 2022, the public was introduced to ChatGPT, an A..
Finance
Need a Career Break? How to Take a Step Back from Work and Reap the Rewards
Around 90,000 people in the United Kingdom are estimated to take a career break each year, with reasons ranging from starting a family..
Opinion
Don’t let business finances harm your mental health
Todd Davison, MD of Purbeck Personal Guarantee Insurance It was mental health awareness week recently and to mark the week, Purbeck Pe..
Business
Bank of England’s Bailey sweats over risk of ‘sticky’ summer for inflation
By William Schomberg and David Milliken LONDON (Reuters) -Bank of England Governor Andrew Bailey said he was concerned about the risk ..
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Explainer-Why does the UK have such a painful inflation problem?
By William Schomberg and Andy Bruce LONDON (Reuters) – British inflation fell in April but by less than expected and it remains ..
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Julie Roehm on How to Navigate Transformation in the Face of Adversity
Julie Roehm is an experienced marketing and customer success professional with a unique take on the industry and how women in particul..
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Why You Should Choose a Dedicated Tool Rather Than Excel to Manage Your Resources
You likely face several challenges when managing your organization’s resources as a business owner or manager. These resources may inc..
Business
BoE’s Bailey says ‘big lessons’ to be learned from UK inflation surge
By William Schomberg and Andy Bruce LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday the British central bank ..
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Watchdog proposes first set of global rules for crypto sector
By Huw Jones LONDON (Reuters) -International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cry..
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Denmark to boost healthcare with an extra $739 million per year
COPENHAGEN (Reuters) -Denmark will use stronger-than-expected economic growth to boost its healthcare system with an extra 5 billion D..
News
Germany’s Lufthansa orders four Airbus planes
(Reuters) – German flagship carrier Lufthansa signed a contract to purchase four additional Airbus A350-900 long-haul planes, th..
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High inflation helps to swell UK budget deficit in April
LONDON (Reuters) -Britain borrowed more than expected in April as high inflation pushed the government’s debt interest bill to a..
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Drahi boosts stake in BT to 24.5%, will not make an offer
By Sarah Young LONDON (Reuters) -Billionaire Patrick Drahi has increased his stake in BT to 24.5% but reiterated that he does not plan..
News
Services drive acceleration in German business activity in May -flash PMI
BERLIN (Reuters) – German business activity expanded for a fourth month running in May, driven exclusively by a services sector ..
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UK meat producer Cranswick’s full-year profit rises on strong demand
(Reuters) -Cranswick Plc on Tuesday reported a rise in full-year profit, as the British meat producer saw strong demand for gourmet me..
News
Euro 7 emissions standard to cost many times EC forecasts -industry group
By Nick Carey LONDON (Reuters) – Proposed Euro 7 emissions regulations will lead to direct costs for auto manufacturers that are..
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Julius Baer reports modest money inflows after slow start to 2023
ZURICH (Reuters) -Julius Baer reported on Tuesday a modest rise in assets under management and money inflows in the first four months..
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The art of successful collaboration: the importance of intention-based communication in building business relationships
It is always a bitter disappointment to everyone in a project when the undertaking fails. Sunken invested costs, disheartened workforc..
Business
Breaking barriers and building value: The impact of DE&I in private equity and M&A
As ESG rapidly moves up the agenda for all organisations, the issues of diversity, equality and inclusion can no longer be tick-boxes ..
Finance
Dollar gains against yen as Fed policy, debt ceiling in focus
NEW YORK (Reuters) – The dollar rose against the Japanese yen on Monday, holding just below a six-month high, as investors wai..
Finance
Concern over US default risk grips global markets as talks resume
NEW YORK/LONDON (Reuters) -Unease over how U.S. debt ceiling negotiations will pan out gripped global markets on Monday, with equities..
Finance
Meta fined $1.3 billion over data transfers to US – WSJ
(Reuters) – Facebook owner Meta Platforms Inc has been fined $1.3 billion by European Union privacy regulators for sending user ..
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