Merck KGaA expects 2023 profit to slip as COVID demand wanes
By Ludwig Burger FRANKFURT (Reuters) – Germany’s Merck KGaA on Thursday predicted 2023 earnings would slip due to a declin..
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Covestro sees lower 2023 profit, cash flow as macro challenges prevail
By Bartosz Dabrowski and Andrey Sychev (Reuters) -German chemicals maker Covestro said on Thursday it expected lower core profit and l..
News
Switzerland’s Clariant sees slight sales drop in 2023
(Reuters) -Clariant said on Thursday it expects annual sales to slightly decline in 2023 after reporting sales for the full year fairl..
Business
Budweiser APAC bets on post-COVID China thirst for premium beer
BEIJING (Reuters) – Budweiser Brewing Co APAC, Asia’s largest beer company by sales, said on Thursday it will expand into ..
News
Global energy-related CO2 emissions edged up to record high in 2022 – IEA
By Susanna Twidale LONDON (Reuters) – Global energy-related emissions of carbon dioxide hit a record high last year, although mo..
Industries
Renault, Geely ink pact with Aramco for engine venture
(Reuters) -Oil giant Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French car maker Renault..
Industries
Dollar finds footing as focus turns to Europe inflation
By Tom Westbrook SINGAPORE (Reuters) – The dollar caught its breath in Asia on Thursday, steadying as U.S. yields went up while ..
News
Australia’s Macquarie explores $6 billion deal for Britain’s M&G, Sky News reports
(Reuters) – Australian investment bank Macquarie Group Ltd is at the early stages of exploring a takeover bid of over 5 billion ..
News
Volkswagen’s financial services undergoing reorganization
FRANKFURT (Reuters) – Volkswagen is reorganizing its financial services holding companies, Volkswagen Bank and Volkswagen Financ..
Finance
Analysis-Watch out risk assets, the rout in bonds is coming your way
By Dhara Ranasinghe, Nell Mackenzie and Yoruk Bahceli LONDON (Reuters) – The selling gripping the world’s biggest bond mar..
News
Dollar slips, yuan gains on China PMI; hot inflation lifts euro
By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar slid and China’s yuan gained on Wednesday after Chin..
Finance
Drawing on digital talent to drive investment to the North
By Sam Vickerman, Insurance and Consumer Tech Practice Director, Grayce Conversation around the Levelling U..
Investment
Informatica Launches the Industry’s only free, ai-powered solution for data practitioners
Informatica Cloud Data Integration-Free and PayGo provide simple, fast, and intelligent data integration to load, transform, ..
Digital
Celebrating IWD 2023 and working to #EmbraceEquity” work?
It began in New York City on March 8, 1857, when female textile workers marched in protest of unfair working condi..
Business
How companies can establish trust in the data age
By Chris Harris, EMEA Technical Director at Thales ‘Data is the new oil’. Many of us have heard this phrase time and tim..
Business
From binary to humanity: The future of search engines
By Kate Cox, CMO BrightBid Technology has changed our relationship with content. The internet is growing at..
Digital
The security trends set to impact businesses this year
By Todd Moore, VP of Encryption at Thales The security landscape continues to change and evolve – with every year..
Cyber Security
European payment solutions provider Lyra partners with Napier to grow transaction monitoring capabilities
Financial crime compliance technology specialist Napier has announced a new partnership with Lyra Group, the €79 million turnov..
Digital
Quantexa acquires Aylien an award-winning provider of AI-based risk & market intelligence solutions
Deal combines Aylien’s advanced AI and Natural Language Processing (NLP) and Quantexa’s Decision Intelligence Platform to boost..
Digital
The true cost of SMS phishing is more than fraud losses
By Gemma Staite, Threat Analytics Lead Fraud attack methods never grow old. As long as victims continue to fall for a s..
Business
SAP appoints Ryan Poggi as Managing Director UK & Ireland
SAP SE (NYSE: SAP) today announced that Ryan Poggi has been appointed as Managing Director, SAP UK & Ireland. Ryan wi..
Business
Cueros Vélez optimizes logistic operations with Infor WMS
Retail and fashion company in Latin America increases productivity 150% in classification and height picking operations Infor®,..
Digital
Sequans and Eseye introduce the world’s first Multi-Carrier iSIM Solution for IoT
Sequans easySWAP™ allows enterprises to activate global connectivity via an embedded iSIM and change carriers without physical..
Digital
News
Bank finance for cleaner energy grows, but still lags fossil fuels – report
Bank finance for cleaner energy grows, but still lags fossil fuels – report
LONDON (Reuters) -Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil fuels in 2021, a repor..
News
Wall St indexes mixed, Treasury yields tick up as higher rates loom
By Lawrence Delevingne and Samuel Indyk (Reuters) – Wall Street indexes and global equities were mixed on Tuesday and bonds wrap..
Investment
At the home of Zara, fast and slow fashion collide
By Corina Pons and Virginia Furness A CORUNA, Spain/LONDON (Reuters) – In Spain’s A Coruna, two contrasting fashion busine..
News
Adecco sees signs of a hiring slowdown at start of 2023
By John Revill ZURICH (Reuters) -Adecco said its hiring activity had weakened modestly at the start of 2023 after the staffing company..
News
Germany home prices to sink nearly 6% this year – Reuters Poll
By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany will fall more sharply this year and next than previously thought..
News
Japan’s factory output posts biggest fall in 8 months on weak autos, chips sectors
By Kantaro Komiya TOKYO (Reuters) – Japan’s factory output shrank at the fastest pace in eight months in January as declin..
News
TD, other banks reach $1.35 billion settlements to end Stanford litigation
By Jonathan Stempel (Reuters) -Three banks agreed to pay $1.35 billion to resolve litigation by former Allen Stanford investors who ac..
News
Snowboarding-British teenager Brookes becomes the youngest world champion
(Reuters) – Britain’s Mia Brookes outclassed Olympic gold medallist Zoi Sadowski-Synnott to become the youngest snowboardi..
News
Essar creates new unit to drive $3.6 billion low-carbon plan in UK, India
By Nidhi Verma NEW DELHI (Reuters) – India’s Essar Group said on Monday it has created a new entity that will control its ..
News
SoftBank, Ant seek to sell Paytm stake via open market – ET
(Reuters) -China’s Ant Group and Japan’s SoftBank Group Corp are seeking to sell their stakes in Indian digital payments f..
News
Nokia changes iconic logo to signal strategy shift
By Supantha Mukherjee BARCELONA (Reuters) – Nokia announced plans on Sunday to change its brand identity for the first time in n..
News
Satellite group SES expects further sales growth in 2023
(Reuters) -Satellite firm SES on Monday forecast further revenue growth in 2023 supported by the commercial launch of a key satellites..
News
Dollar gains as higher-for-longer U.S. rate views drive currency markets
By Ankur Banerjee SINGAPORE (Reuters) – The dollar held firm near a seven-week peak on Monday, after a slew of strong U.S. econo..
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Cisco works with Mercedes-Benz to create mobile office
Cisco works with Mercedes-Benz to create mobile office
By Supantha Mukherjee BARCELONA (Reuters) – Cisco is working with Mercedes Benz to add its Webex conferencing tools to the dashboard of vehicles..
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