Russian retail sales fall deeper, jobless rate rises in Sept – data
MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in September, official data from the..
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Yum beats sales estimates as customers flock to KFC, Taco Bell deals
By Uday Sampath Kumar (Reuters) -Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday, as the company..
Business
The Potent Need to Belong and Why an Intranet is Key
One in five employees are feeling lonely at work, exacerbated by more people remote and hybrid working. So what’s to be done? John Nic..
Business
World’s top bankers expect markets to stay turbulent
By Xie Yu and Summer Zhen HONG KONG (Reuters) – Central banks will get inflation under control, but there will be turbulence in ..
News
Manufacturers accelerating digital investments in productivity drive – Make UK/Infor survey Government must protect digital support programmes to spur further growth
Key findings: Around 80% of companies plan to increase digital adoption in the next two years Two-fifths (40%) of companies say digit..
Industries
ScandiNova Set for Powers Ahead with the Infor Cloud
World leader in pulsed power systems standardises global processes whilst building a platform for growth STOCKHOLM – October 31, 2022..
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Machine learning is the future, but is not without its challenges
By Krzysztof Sopyla, Head of Machine Learning and Data Engineering at STX Next, Krzysztof Sopyla Uptake of artificial int..
Business
Survey finds that British Family businesses remain profitable throughout the cost of living crisis, despite owners working longer hours than other European countries – with nearly 10% working an 80 hour week.
As SMEs across the country begin to feel the squeeze of the cost of living crisis, UK-based payments provider, SumUp (www.sumup.co.uk)..
Business
Leading Liverpool-based business launches new initiative to reach net zero by 2028 as part of an investment in ESG
Liverpool-based business, Algeos, has launched a new initiative to achieve net zero by 2028. The project comes as part of Algeos’ cont..
News
Consumer demands are changing… and home tech innovation must rise to the challenge
By Nick Grey, inventor of the cordless vacuum and founder of Gtech Nick Grey The demand for home appliances during lockdo..
Innovation
Energy crisis putting most German firms under duress -survey
BERLIN (Reuters) -The energy crisis is impacting nearly every branch of the German economy, with the number of companies that see high..
News
Russian gold miner Polymetal’s Q3 revenue down 13% y/y
MOSCOW (Reuters) -Polymetal’s third-quarter revenue fell by 13% year on year to $714 million due to accumulated inventory and lo..
News
Central banks ease off on rate hike push in October
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks around t..
News
Britain’s Metro Bank returned to profit in September, sees no customer stress
LONDON (Reuters) – Metro Bank said on Wednesday it returned to profit in September by keeping a tight rein on costs and has so f..
News
Britain’s Next sticks to outlook after quarterly sales rise
By James Davey LONDON (Reuters) -British clothing retailer Next reaffirmed full-year guidance that was cut in September as it reported..
News
Catering group Sodexo targets operating margin above 6% in 2025
(Reuters) -French catering and food services group Sodexo onWednesday forecast organic sales growth of between 6% and 8% for fiscal 20..
News
Big brands set to miss plastic sustainability targets
By Joe Brock SINGAPORE (Reuters) – Some of the world’s biggest consumer goods companies, including PepsiCo, Mars and Nestl..
News
Quebec’s elected officials must swear oath to King Charles to sit in National Assembly
(Reuters) – Quebec National Assembly speaker ruled on Tuesday that all elected members must swear an oath to Britain’s Kin..
News
CVS, Walmart, Walgreens agree to pay $13.8 billion to settle U.S. opioid claims – sources
By Brendan Pierson (Reuters) -CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc have tentatively agreed to pay about $13.8..
News
Asian shares rise, dollar dips ahead of Fed policy decision
By Stella Qiu SYDNEY (Reuters) – Asian shares climbed on Wednesday, led by Chinese stocks on reopening hopes, while the dollar s..
News
EA lowers bookings expectation on strong dollar, gaming slowdown
By Tiyashi Datta and Aditya Soni (Reuters) -Electronic Arts Inc lowered its annual bookings forecast on Tuesday as the publisher of &#..
News
France’s Thales says hackers claim to have stolen data
PARIS (Reuters) -French defence and technology group Thales said on Tuesday the hacker group LockBit 3.0 claimed to have stolen some o..
News
Robinhood, Coinbase find sanctuary in interest income amid market rout
By Niket Nishant and Manya Saini (Reuters) – For U.S. online trading companies an often-overlooked financial metric could act as..
News
European shares kick off November on bright note
By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares gained on Tuesday, starting November on an upbeat note amid growing h..
News
Elon Musk, who runs four other companies, will now be Twitter CEO
(Reuters) -Tesla Inc boss Elon Musk said on Monday he will serve as chief executive of Twitter, the social media company he just bough..
News
Thomson Reuters keeps outlook, but wary of slowing economy
By Nick Zieminski and Kenneth Li NEW YORK (Reuters) -Thomson Reuters Corp kept its financial guidance for this year and next after a f..
News
European stocks hit six-week high on hopes for rate hike slowdown
By Elizabeth Howcroft LONDON (Reuters) -European stocks rose on Tuesday and the positive market sentiment was set to continue on Wall ..
Finance
Scientists in Germany turn up heat on seagrass in climate change fight
BERLIN (Reuters) – Scientists in Germany are working on ways to restore seagrass fields in the Baltic Sea, vast natural sinks th..
News
Cryptoverse: Bitcoin wants to break its bond with stocks
(Our weekly analysis of the wild world of cryptocurrencies. Repeats for additional subscribers) By Lisa Pauline Mattackal and Medha Si..
Finance
Chinese fashion retailer Shein to open permanent ‘event space’ in Tokyo
TOKYO (Reuters) – Chinese fashion retailer Shein is to open its first permanent premises in Tokyo this month, the company said o..
News
Frankfurt steps up efforts to shift euro clearing from London
By Huw Jones LONDON (Reuters) – Deutsche Boerse’s derivatives division stepped up efforts on Tuesday to attract a bigger s..
News
Prosus and Naspers deny report they are in talks to sell Tencent stake
AMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue..
News
Exclusive-Tesla plans mass production start for Cybertruck at end of 2023-sources
(Reuters) – Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the..
News
The promise of AI and data technologies in social care
By Paul Berney, Chief Marketing Officer at Anthropos There is great potential for artificial intelligence and machine learning..
Digital
UK’s National Grid launches 50 million pound energy support fund
By Nina Chestney LONDON (Reuters) – Britain’s National Grid said on Tuesday it has launched a 50 million pound ($58 millio..
News
NFON Takes the Pulse of Working from Home in the UK
UK workers have most cramped homeworking space in Europe and are more likely to resort to working in the toilet, bathroom or b..
News
BP sees $2.5 billion UK tax bill this year including windfall levy
LONDON (Reuters) – BP expects to pay around $2.5 billion in taxes for its British North Sea business this year, including $800 m..
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