India’s Bosch posts Q3 profit climb on healthy auto parts demand
BENGALURU (Reuters) – Bosch, the Indian arm of German automotive supplier Robert Bosch GmbH, reported a 62.5% climb in third-qu..
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TUI swings to surprise first-quarter profit on robust travel demand
By Joanna Plucinska and Ilona Wissenbach LONDON (Reuters) – Europe’s largest travel operator TUI on Tuesday reported far ..
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German economy expected to grow in 2024, official says
BERLIN (Reuters) – Germany is not in recession and its economy is expected to grow in 2024, Chancellor Olaf Scholz’s chie..
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The hardest job in the world’: Siberian shipyard workers brave freezing cold
YAKUTIA, Russia (Reuters) – A drone flies low over a snow-covered shipyard in Russia’s Far East, where workers toil in sub..
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Asia stocks nudge higher, dollar steady ahead of US inflation report
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks inched higher and the dollar held steady on Tuesday ahead of a key U.S. in..
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Displaced Gaza doctor offers free medical help for children from his tent
RAFAH, Gaza Strip (Reuters) – The long queue of anxious parents waiting outside paediatrician Rajaa Okasha’s tent shows ho..
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AI frenzy puts Nvidia briefly ahead of Amazon in market value
(Reuters) -Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday, as the euphoria around artificial intelligence..
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At a loss for words: Evaluating the influence of ChatGPT on the global economy
By Anmol, analyst, Fischer Jordan and Neeyati, analyst, Fischer Jordan Technological shifts have historically marked significant divi..
Business
Financial Services Embrace AI: Transformative Impact and Unprecedented Growth Revealed in Latest Industry Report
Financial Services Embrace AI: Transformative Impact and Unprecedented Growth Revealed in Latest Industry Report By Kevin Levitt, Glob..
Finance
Microsoft vs. Alphabet – the AI race is on
By Matt Liffe, CEO, Beyond AI is the new technology arms race. Generative AI is going to be so transformational and perva..
Innovation
German commercial property prices post biggest-ever drop, data shows
By Tom Sims FRANKFURT (Reuters) -German commercial property prices fell 12.1% in the final three months of 2023 compared with a year ..
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Battery maker ACC secures financing for three European factories
PARIS (Reuters) – European auto battery manufacturer ACC, co-owned by Stellantis, Mercedes and TotalEnergies, on Monday announce..
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Novo Nordisk’s controlling shareholder plans to invest up to $7 billion a year by 2030 – FT
(Reuters) – Novo Holdings, the controlling shareholder of Danish obesity drugmaker Novo Nordisk, plans to invest up to $7 billio..
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Google pledges 25 million euros to boost AI skills in Europe
LONDON (Reuters) – Google has pledged 25 million euros ($26.98 million) to help people in Europe learn to use artificial intelli..
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Oil starts week lower after Israel says ‘concluded’ Gaza strikes
By Sudarshan Varadhan (Reuters) – Oil prices fell in early Asian trade on Monday after Israel said it had “concluded̶..
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UK employers plan smaller pay rises for 2024: CIPD
LONDON (Reuters) – British employers plan smaller pay rises over the coming year than they did three months ago, the first such ..
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Roche cutting 345 jobs in product development – media
ZURICH (Reuters) – Roche is cutting 345 jobs, Swiss website Muula reported, as the drugs company responds to lower profit posted..
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European shares inch higher on earnings boost; Maersk drops
(Reuters) -European shares edged higher on Thursday, propped up by strong performances from consumer staples stocks including Unilever..
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Iceland volcano erupts again, molten rocks spew from fissures
Iceland volcano erupts again, molten rocks spew from fissures OSLO (Reuters) -A volcano erupted on Thursday in southwest Iceland for t..
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SoftBank posts first profit in five quarters with $6.6 billion net income
TOKYO (Reuters) -Japan’s SoftBank Group returned to profit for the first time in five quarters on Thursday, as the Japanese tech..
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Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks
By Mateusz Dobrzyniewski and Anastasiia Kozlova (Reuters) -Swisscom met expectations with a 4.9% rise in full-year core profit on Thu..
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Vontobel to take additional cost-cutting measures as profit falls
Vontobel to take additional cost-cutting measures as profit falls ZURICH (Reuters) -Vontobel Holding saw its full-year net profit fall..
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Siemens profit ahead of forecast despite digital sector orders fall
ZURICH (Reuters) -Siemens reported first-quarter profit slightly ahead of expectations on Thursday despite the German engineering grou..
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Oil rises on slim progress in Gaza peace talks, weaker dollar
SINGAPORE (Reuters) -Oil extended gains on Thursday after Israel rejected a ceasefire offer from Hamas, while a weaker dollar also sup..
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Britain extends tariff-free trade with Ukraine to 2029
Britain extends tariff-free trade with Ukraine to 2029 LONDON (Reuters) – Britain on Thursday said it would extend tariff-free t..
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UK’s Labour to back out of 28 billion stg green pledge -BBC
UK’s Labour to back out of 28 billion stg green pledge -BBC (Reuters) – Britain’s opposition Labour Party will back ..
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OpenAI developing software that operates devices, automates tasks – The Information
(Reuters) – Microsoft-backed OpenAI is working on a type of agent software to automate complex tasks by taking over a usersR..
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German industrial output falls more than expected in December
(Reuters) -German industrial production fell more than expected in December, the federal statistics office said on Wednesday, marking ..
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Telenor Q4 core profit in line with expectations
OSLO (Reuters) -Norwegian telecoms operator Telenor on Wednesday reported fourth-quarter core operating earnings in line with expecta..
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Snap misses revenue estimate, shares plunge 30%
(Reuters) -Snap missed Wall Street estimates for quarterly revenue on Tuesday, as the Snapchat owner continued to struggle to compete ..
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New Zealand labour pressures ease slightly, jobs market still tight
New Zealand labour pressures ease slightly, jobs market still tight By Lucy Craymer WELLINGTON (Reuters) -New Zealand labour pressures..
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Wind power outpaced gas plants in Europe for the first time in 2023 – Ember
By Susanna Twidale LONDON (Reuters) – Wind power production outpaced gas plants in Europe for the first time last year as fossi..
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Germany’s KfW bank sells 50 million Deutsche Post shares
FRANKFURT (Reuters) -Germany’s state-owned KfW bank on Tuesday launched the placement of 50 million shares of its holding in Deu..
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Why Fractional Executives Are Needed in an Era of Digital Transformation
Some businesses can find it difficult to manage the complicated terrain of digital transformation in the fast-paced world ..
Business
Securing the future of AI in business through learning & development
Following the first-ever global AI Safety summit back in November, the UK has started to firmly pave its way to becoming a..
Business
UBS resumes buybacks, seeks more cost savings from Credit Suisse takeover
ZURICH (Reuters) -UBS said on Tuesday it would restart share buybacks and find $3 billion more in cost savings from integrating Credit..
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Aston Martin is hunting for a new CEO – Bloomberg News
(Reuters) – British luxury carmaker Aston Martin is reaching out to current and former heads of automakers to succeed Amedeo Fel..
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