Credit Suisse Group rating downgraded by S&P
ZURICH (Reuters) -Credit Suisse Group AG’s credit rating has been downgraded to BBB from BBB+ by Standard & Poors, a blow fo..
Companies
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Factbox-COVID-hit Chinese cities seek exit from painful lockdown
By Roxanne Liu and Ryan Woo (Reuters) – Plans by COVID-hit Chinese cities to exit or avoid lockdown are more fraught and uncerta..
News
Why 2022 will be the year of the digital start-up
By Craig Johnson, CEO at Ultimedia The UK is on course for 800,000 new businesses to be registered in 2022 alone – the mos..
Digital
Ukraine begins first war crimes trial of Russian soldier
By Pavel Polityuk and Tom Balmforth KYIV (Reuters) -A Ukrainian court held a preliminary hearing on Friday in the first war crimes tri..
News
Barclays warns of sub-parity euro, 5 ppt GDP hit if Russia turns off gas taps
By Marc Jones LONDON (Reuters) – Analysts at Barclays have warned of a 5 percentage point hit to euro zone GDP and a dive below ..
News
Prince William and wife Kate take over UK airwaves to fight loneliness
LONDON (Reuters) – Prince William and his wife Kate took over the airwaves of every radio station in the United Kingdom on Frida..
News
Soccer-Nike ends sponsorship deal with Spartak Moscow
(Reuters) -Nike has terminated its sponsorship deal with Russian Premier League club Spartak Moscow because they will not be taking pa..
News
Explainer-How N.Korea’s COVID-19 outbreak could ignite a major health crisis
By Soo-hyang Choi and Josh Smith SEOUL (Reuters) – North Korea’s admission that it is battling an “explosive&..
News
Pixomondo to deploy Vicon solution for virtual production stages
The VFX giant’s partnership with Vicon reflects its ambitious expansion plans in the virtual production space Oxford, UK – 12th Ma..
Digital
CyberArk Ventures Launches with $30 Million Fund to Fuel Innovative Cybersecurity Technologies
CyberArk Aligns with World-Class Investors Including Venrock, YL Ventures, Team8 Capital and Merlin Ventures to Fund Cybersecu..
Cyber Security
A Phoenix Rises from the Ashes into the Cloud
Infor helps David + Baader start afresh after cyberattack on on-premises systems MUNICH – May 12, 2022 – Infor, the industry cl..
Digital
Jøtul Heats up its Future with Infor Cloud ERP
Leading fireplace manufacturer deploying ‘a modern platform as an engine for digitization and innovation’ OSLO, Norway – 12 May 2022 –..
Digital
Keysight Technologies Delivers Next-Generation Power Device Analyser/Double-Pulse Teste
Enables automotive OEMs and power converter designers to accelerate the time to market for discrete devices and power modules K..
News
ALQUITY AND SPOUTING ROCK ASSET MANAGEMENT JOIN FORCES TO LAUNCH NEW PLATFORM TO ACCELERATE ADOPTION OF ESG INVESTING IN U.S.
∙ Alquity, the leading responsible investment manager and Spouting Rock Asset Management form strategic partnership ∙ ..
Finance
MariaDB Puts $25K on the Table in Distributed SQL Throwdown
Database challenge bets MariaDB Xpand outperforms the competition with donation to go to nonprofits REDWOOD CITY, Calif. and HE..
Digital
Progress Extends the Power of DevSecOps to Cloud-Native Assets with the First Release of Progress® Chef® Cloud Security
Company to debut latest additions to its policy-based portfolio during live virtual event on 25th May READING, UK – 10th ..
Digital
BT aims for £25m in savings by leaping towards AI-led operations with ServiceNow
BT’s Digital unit is working to modernise the Group’s service management with the delivery of a unified service management plat..
Business
Pure Storage and Snowflake Deliver Increased Data Accessibility
The joint solution will combine the agility of FlashBlade’s Object Store with the Snowflake Data Cloud to give customers greate..
Digital
AXA, Unilever to join new 1 billion euro regenerative agriculture fund
ZURICH (Reuters) – Insurer Axa and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro..
News
ECB firms up expectations for July interest rate hike
LJUBLJANA (Reuters) – The European Central Bank has firmed up expectations that it will raise its benchmark interest rate in Jul..
News
Nearly 5 million jobs lost in Ukraine as war pummels economy – ILO
LONDON (Reuters) – Around 4.8 million jobs have been lost in Ukraine since the start of the Russian invasion in February, as the..
News
Shares drop, yields shoot up after U.S. inflation data
By Danilo Masoni MILAN (Reuters) – World shares turned lower on Wednesday and bond yields shot up after U.S. data showed inflati..
Investment
Dollar moves off lows on heels of inflation data
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar moved sharply off its lows on Wednesday and briefly turned positive on the ..
Finance
Ukraine pushes Russian forces back, restricts gas flow to Europe
By Pavel Polityuk and Jonathan Landay KYIV/VILHIVKA, Ukraine (Reuters) -Ukrainian forces reported battlefield gains on Wednesday in a ..
News
Factbox-Potential bidders in Norway’s first offshore wind tender
By Nora Buli OSLO (Reuters) – Norway has earmarked two areas in the North Sea to accommodate up to 4.5 gigawatt (GW) of floating..
News
Appian Awarded $2.036 Billion in Damages Against Pegasystems Inc.
Appian receives verdict from Fairfax County, Virginia jury holding Pegasystems liable for trade secret misappropriation and vio..
Business
There has been little or no improvement in diversity or inclusion at work despite increased focus on this area over the past two years – new research reveals
Despite more than £6 billion being spent on Diversity and Inclusion initiatives, the workplace is still full of inequality, pre..
News
How to Harness the Dual Power of Purpose and Human Connection
New York, NY, May 10, 2022 ― For anyone who has ever felt stuck, underwhelmed and unfulfilled by everyday life, author, speaker..
Opinion
Wall Street set to open higher, oil prices extend losses
By Elizabeth Howcroft LONDON (Reuters) -European stock indexes rose on Tuesday as risk appetite showed some signs of picking up again ..
Investment
Explainer-What will a Marcos presidency in the Philippines look like?
By Martin Petty (Reuters) – Ferdinand Marcos Jr has swept an election in the Philippines and will begin a six-year term as presi..
News
Tesla stutters under tighter Shanghai lockdown; Beijing keeps hunting COVID
By David Stanway and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) -Tesla operated its Shanghai plant well below capacity on Tuesday,..
News
Factbox-UK government sets out priorities in Queen’s speech
LONDON (Reuters) – British Prime Minister Boris Johnson hopes to reset his government on Tuesday with plans aimed at winning bac..
News
For some European states, rising debt costs rekindle 2011 crisis memories
By Dhara Ranasinghe LONDON (Reuters) – The rise in European bond yields is alarming some economists, who warn that Italy and Gre..
News
Cryptoverse: Buying the dip? Bitcoin’s a rates rookie
By Lisa Pauline Mattackal and Medha Singh (Reuters) – Bitcoin has scant experience with rising interest rates, posing perils for..
Finance
How short videos make a big difference in China’s e-commerce
By: Elena Gatti, MD of Azoya Europe – https://www.azoyagroup.com Digital marketing has accelerated in most industries in ..
Business
UiPath Launches Next-Gen UiPath Automation CloudTM to Extend Automation Leadership in Latest Platform Release
Automation Cloud Robots and new UiPath platform offerings make it easier, faster, and simpler for businesses to digitally evolv..
Digital
Snowflake saw continued momentum across EMEA in the fiscal year ended January 31, 2022
Snowflake’s momentum driven by launch of platform innovations, verticalisation, global expansion, and growth of industry custom..
Digital