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Russian retail sales fall deeper, jobless rate rises in Sept – data

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..

Yum beats sales estimates as customers flock to KFC, Taco Bell deals

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..

The Potent Need to Belong and Why an Intranet is Key

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..

World’s top bankers expect markets to stay turbulent

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 ..

Manufacturers accelerating digital investments in productivity drive – Make UK/Infor survey Government must protect digital support programmes to spur further growth

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..

ScandiNova Set for Powers Ahead with the Infor Cloud

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..

Machine learning is the future, but is not without its challenges

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..

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.

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)..

Leading Liverpool-based business launches new initiative to reach net zero by 2028 as part of an investment in ESG

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..

Consumer demands are changing… and home tech innovation must rise to the challenge

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..

Energy crisis putting most German firms under duress -survey

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..

Russian gold miner Polymetal’s Q3 revenue down 13% y/y

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..

Central banks ease off on rate hike push in October

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..

Britain’s Metro Bank returned to profit in September, sees no customer stress

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..

Britain’s Next sticks to outlook after quarterly sales rise

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..

Catering group Sodexo targets operating margin above 6% in 2025

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..

Big brands set to miss plastic sustainability targets

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..

Quebec’s elected officials must swear oath to King Charles to sit in National Assembly

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..

CVS, Walmart, Walgreens agree to pay $13.8 billion to settle U.S. opioid claims – sources

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..

Asian shares rise, dollar dips ahead of Fed policy decision

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..

EA lowers bookings expectation on strong dollar, gaming slowdown

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 &#..

France’s Thales says hackers claim to have stolen data

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..

Robinhood, Coinbase find sanctuary in interest income amid market rout

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..

European shares kick off November on bright note

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..

Elon Musk, who runs four other companies, will now be Twitter CEO

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..

Thomson Reuters keeps outlook, but wary of slowing economy

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..

European stocks hit six-week high on hopes for rate hike slowdown

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 ..

Scientists in Germany turn up heat on seagrass in climate change fight

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..

Cryptoverse: Bitcoin wants to break its bond with stocks

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..

Chinese fashion retailer Shein to open permanent ‘event space’ in Tokyo

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..

Frankfurt steps up efforts to shift euro clearing from London

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..

Prosus and Naspers deny report they are in talks to sell Tencent stake

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..

Exclusive-Tesla plans mass production start for Cybertruck at end of 2023-sources

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..

The promise of AI and data technologies in social care

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..

UK’s National Grid launches 50 million pound energy support fund

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..

NFON Takes the Pulse of Working from Home in the UK 

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..

BP sees $2.5 billion UK tax bill this year including windfall levy

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..