Polish stocks rise in first session after parliamentary election
GDANSK (Reuters) – Polish stocks rallied on Monday after the ruling nationalists looked to have fallen short of a parliamentary ..
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Atos Chairman Meunier steps down amid shareholders’ uproar
(Reuters) – Atos Chairman Bertrand Meunier has stepped down, the French IT consulting group said on Monday, following an uproar ..
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Dollar buoyed by safe-haven bids, rate jitters
SINGAPORE (Reuters) – The dollar was on the front foot on Monday in cautious trade as tensions in the Middle East escalated, whi..
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Artificial heart maker Carmat completes 7 million euro capital increase
PARIS (Reuters) – Artificial heart maker Carmat, whose financial situation has been under pressure, said on Monday that it had ..
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KKR prepares binding bid for Telecom Itali a’s grid as deadline looms
By Elvira Pollina MILAN (Reuters) – U.S. fund KKR is preparing to submit a multibillion euro bid for Telecom Italia’s (TI..
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Dollar softens slightly, yen in touching distance of 150
By Samuel Indyk and Brigid Riley LONDON (Reuters) – The U.S. dollar edged lower on Friday after its biggest daily increase sinc..
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Porsche: deliveries up in every region but China in first 9 months of 2023
BERLIN (Reuters) – Porsche said on Friday that deliveries worldwide for the first nine months of 2023 were up 10% on the year, r..
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Map maker TomTom’s Q3 loss narrows boosted by car branch growth
(Reuters) -Digital mapping specialist TomTom on Friday reported a smaller than expected operating loss for the third quarter, driven ..
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Singapore Q3 GDP up 0.7% y/y
SINGAPORE (Reuters) – Singapore’s economy grew faster than expected in the third quarter, preliminary government data show..
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EU opens probe into X in test of new tech rules, pressure on TikTok, Meta
By Foo Yun Chee and Sheila Dang BRUSSELS/DALLAS (Reuters) -EU industry chief Thierry Breton on Thursday opened an investigation into ..
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TitanML Secures $2.8M to Solve the LLM Deployment Nightmare Plaguing Machine Learning Teams
TitanML’s deep learning deployment platform empowers enterprises to unlock the true value of AI investment by making LLM deployments s..
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Ericsson books $3 billion impairment, says Q3 core profit fell 39%
STOCKHOLM (Reuters) -Ericsson on Wednesday announced a 32 billion Swedish crown ($2.9 billion) impairment charge related to its acqui..
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INSHUR and google cloud are set to dominate the global on-demand insurance market
By Chris Gray, CTO, INSHUR The on-demand economy is growing in prominence to satiate the instantaneous needs from both businesses and..
Digital
Best paying jobs without a degree
In a world where a college degree is often considered a prerequisite for financial success, there is a growing awareness that it̵..
Companies
ULEZ: a path to cleaner cities relies on education
By Gustavo Marqueta-Siibert, business development director at Mellor In our battle against the global climate crisis and ..
Innovation
Guiding your business fleet towards electric vehicles in the ULEZ and CAZ era
By Gareth Jones, Managing Director at Radius Clean Air Zones (CAZ) and Ultra Low Emission Zones (ULEZ) are now major fact..
Business
Travis Perkins shares sink as weak housing market prompts profit warning
LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building materials, downgraded its annual profit forecast by as ..
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Asia stocks hit 2-week high as Fed talk turns dovish
SINGAPORE (Reuters) – Asia’s stockmarkets rose on Wednesday and the dollar beat a retreat as a dovish shift in tone from F..
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Euribor revamp aims to attract wider pool of banks
By Marc Jones and Huw Jones LONDON (Reuters) – Administrators of the Euribor bank-to-bank lending rate are proposing a revamp o..
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HP forecasts 2024 profit in line with estimates, boosts annual dividend
(Reuters) -HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, reflecting s..
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Exclusive-EU push for Big Tech to fund 5G rollout shelved to 2025, sources say
BRUSSELS (Reuters) -Europe’s telecoms operators pushing for Big Tech to help pay for the rollout of 5G and broadband will likely..
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Court OKs Mallinckrodt restructuring, $1 billion cut to opioid settlement
(Reuters) -Drugmaker Mallinckrodt on Tuesday won court approval for a bankruptcy plan that cuts $1 billion from what it must pay opioi..
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Estonia launches investigation into underwater communications cable malfunction -PM
(Reuters) – Estonia has launched an investigation into the malfunction of communications cable connecting it to Finland under t..
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IMF says global economy ‘limping along’, cuts growth forecast for China, euro zone
MARRAKECH, Morocco (Reuters) -The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro zone and said..
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Ireland lays out plans for 100 billion euro sovereign wealth fund
By Padraic Halpin and Graham Fahy DUBLIN (Reuters) -Ireland laid out plans in Tuesday’s budget to turn some of the healthiest p..
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Soccer-UK and Ireland to host Euro 2028, Italy and Turkey get Euro 2032
NYON, Switzerland(Reuters) -The United Kingdom and Ireland will host the 2028 European Championship, while Italy and Turkey will sta..
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How is technology changing the world today
Technology, in its broadest sense, refers to the application of scientific knowledge for practical purposes. It encompasses a wide ..
Innovation
Bank of England to review how it stress tests banks
LONDON (Reuters) – Britain’s banking system is well capitalised to withstand shocks the Bank of England said on Tuesday, a..
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IMF says ‘weak tail’ of banks could struggle in an economic downturn
By Pete Schroeder and Elisa Martinuzzi WASHINGTON (Reuters) -Around 5% of banks globally are vulnerable to stress if central bank int..
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How Vulnerable Tech Jobs Are During an Economic Downturn
Fears of an imminent economic downturn have made things extremely challenging for technology workers in 2023. During the first month ..
Business
Dollar stalls as dovish Fed and China hopes help euro
LONDON/SINGAPORE (Reuters) – The dollar stalled and the euro ticked up on Tuesday as investors reacted to a sharp drop in U.S. b..
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Bank of England warns that some global asset valuations appear stretched
LONDON (Reuters) -The Bank of England said on Tuesday that valuations for some financial assets may be too high, particularly for U.S...
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Imperative for Italy to control public spending, economy minister says
By Giuseppe Fonte ROME (Reuters) – Italy’s economy minister said on Tuesday strict control of public spending was essenti..
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How can RTLS benefit logistics and warehouses?
Do you still depend on the artificial statistics of commodities, assets, and people? Are you feeling labour-consuming and time-consum..
Business
Exclusive-Ukraine sounds out bondholders on debt restructuring, new financing -sources
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) -Ukraine has been sounding out major investors over plans to restructur..
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Dollar gains against euro in flight to safety on Israel-Palestinian fighting
NEW YORK/LONDON (Reuters) – The safe-haven dollar rose on Monday against the euro and sterling as military clashes between Israe..
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Renewables funds see record outflows as rising rates, costs hit shares
BENGALURU/LONDON (Reuters) – Investors ditched renewable energy funds at the fastest rate on record in the three months to end-S..
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