Metro Bank posts second quarter of profitability on mortgage loans demand
(Reuters) – Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net infl..
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Flutter Q1 revenues jump 29% as U.S. races ahead, UK bounces back
By Padraic Halpin DUBLIN (Reuters) -Flutter grew its revenue by 29% on a pro-forma basis in the first quarter, driven by a near doubl..
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BNP Paribas first-quarter revenue beats as trading outperforms
By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) -BNP Paribas’s first-quarter sales beat market expectations as trading ..
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Anansi integrates embedded goods-in-transit insurance into EKM the UK’s largest e-commerce platform
London, Wednesday 3rd May, 9AM GMT: Anansi, the insurtech company, is pleased to announce it has partnered with e-commerce platform EK..
Business
King Charles’ coronation will be an economic boost, Buckingham Palace says
By Michael Holden LONDON (Reuters) – The coronation ceremony for King Charles on Saturday will be the most glorious display of p..
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Cineworld gets US court approval to raise $2.26 billion after bankruptcy
By Dietrich Knauth (Reuters) – Bankrupt movie theater chain Cineworld received U.S. court approval on Tuesday to raise $2.26 bil..
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Revlon emerges from bankruptcy after lender takeover
By Dietrich Knauth (Reuters) -Revlon Inc said on Tuesday that it has emerged from bankruptcy after cutting more than $2.7 billion in d..
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Oil slumps 5% to five-week low amid US debt default fears
By Scott DiSavino NEW YORK (Reuters) -Oil prices sank about 5% to a five-week low on Tuesday on concerns about the economy as U.S. pol..
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Dollar dips as job openings fall, Fed meeting in focus
NEW YORK (Reuters) – The dollar fell Tuesday after data showed that U.S. job openings fell in March, a day before the Federal Re..
News
Sport-Ronaldo tops Forbes’ highest-paid athletes list in 2023 after Saudi move
(Reuters) – Cristiano Ronaldo became the world’s highest-paid athlete after his move to Saudi Arabian side Al-Nassr nearly..
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Italy CPI rises again in April amid energy prices volatility
By Antonella Cinelli ROME (Reuters) – Italian inflation jumped unexpectedly in April, driven by another spike in energy prices, ..
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From US to London, royal super fan makes ‘once-in-a-lifetime’ coronation pilgrimage
By JEEVAN RAVINDRAN LONDON (Reuters) – U.S. citizen Donna Werner is no stranger to royal celebrations – for more than thre..
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Ferrari, Enel X plan solar plant near Fiorano test track
ROME (Reuters) – Italian sports car maker Ferrari said it has signed a deal with Enel’s Enel X to build a 1 megawatt peak ..
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Norway wealth fund CEO denies pay discrimination in case by female employee
By Victoria Klesty OSLO (Reuters) – The chief executive of Norway’s $1.4 trillion sovereign wealth fund, Nicolai Tangen, ..
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Soft lending and inflation data pave way for smaller ECB hike
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -Euro zone banks are turning off the credit taps and a key gauge of inflati..
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Italian hearing aid maker Amplifon expects higher 2023 earnings
(Reuters) – Italian hearing aid maker Amplifon said on Tuesday it expects core profits to continue growing in 2023 thanks to ope..
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A ‘Tap and Go’ Future – Contactless payments hailed as a game-changer accessibility public EV charging
By Cain Kunman, Landis+Gyr EV Solutions Account Manager UK. Contactless payment terminals are being hailed as a game-ch..
Technology
How are companies able to highlight internal challenges and ‘fear’ in the workplace?
By Dr Alexandra Dobra-Kiel This is a tough time for businesses. Economies are sinking into recession as inflation rises t..
Business
The route to CEO: How can it change for the better?
Rachel Huggins, Practice Lead & Head of Race Representation at Audeliss Recent news has indicated some progres..
Business
DSM misses Q1 forecasts due to weak volumes and high costs
(Reuters) – Dutch specialty chemicals maker DSM’s first-quarter profit and sales missed expectations on Tuesday, hit by we..
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Geberit reports Q1 beat despite end of bathroom renovation boom
(Reuters) -Swiss plumbing supplies maker Geberit on Tuesday reported higher than expected operating cashflow in the first quarter, des..
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Marketmind: RBA shock hike starts huge week for central banks
A look at the day ahead in European and global markets from Asia markets correspondent Kevin Buckland. The Reserve Bank of Australia k..
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Logitech Q4 sales plunge 22% as economic downturn worries weigh
(Reuters) – Logitech International posted a 22% drop in fourth-quarter sales on Tuesday, as growing worries of an economic downt..
Business
Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO
SYDNEY (Reuters) – Australia’s flagship carrier, Qantas Airways Ltd, on Tuesday named its finance chief Vanessa Hudson to ..
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UK retailers report record food inflation but see falls ahead
By David Milliken LONDON (Reuters) – Food prices at British supermarkets rose 15.7% in the year to April, the biggest annual inc..
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Maximising benefits, minimising costs: how companies can streamline their employee benefits package
By Graham James, Director, Sodexo Engage In today’s competitive job market, offering a comprehensive benefit..
Business
Historic Stone of Scone moved to London for King Charles’ coronation
LONDON (Reuters) – The historic Stone of Scone, the ancient coronation stone upon which monarchs in Britain have been crowned fo..
News
Battle back on cyber-attacks: how to choose the right cyber shield
Tarka Duhalde, Group Financial Controller, IRIS Software Group Globally, cyber-attacks are on the rise, and many attacks are starting ..
Technology
The advantages of integrating HR and payroll software
Stephanie Coward, Managing Director of HCM, IRIS Software Group Payroll teams are integral to businesses up and down the country. Afte..
Business
Banks, miners lead FTSE 100 lower
(Reuters) -London’s FTSE 100 fell for the fifth straight day, as a sharp drop in shares of NatWest weighed on the banking sector..
Investment
Swiss National Bank seeks banking regulation review after Credit Suisse crash
BERN (Reuters) – Swiss banking regulation and supervision must be reviewed following the collapse of Credit Suisse, Swiss Nation..
Headlines
German economy skirts recession, but just for now
BERLIN (Reuters) -The German economy stagnated in the first quarter, as a decline in government and household consumption was balanced..
Finance
U.S. officials lead urgent rescue talks for First Republic -sources
By Nupur Anand, Andrea Shalal and Greg Roumeliotis NEW YORK (Reuters) – U.S. officials are coordinating urgent talks to rescue F..
Headlines
German gloom dampens stocks as Fed, ECB meetings beckon
LONDON (Reuters) – A stagnant German economy and sliding yen overshadowed buoyant tech earnings to send shares lower on Friday, ..
Investment
Bosch buys US semiconductor foundry to expand EV chip output
By Joseph White and Stephen Nellis DETROIT (Reuters) – Germany’s Bosch Group has agreed to buy key assets of California ch..
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Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business
STOCKHOLM (Reuters) – Hygiene products group Essity said on Wednesday it has initiated a strategic review of its stake in China-..
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Markets mixed as tech boosts US stock futures, Europe dips
By Naomi Rovnick LONDON (Reuters) – Global stock markets were mixed on Wednesday as recession fears and banking sector strain we..
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