UK’s Hiscox to sell Singapore and Thailand insurance business
(Reuters) – British insurer Hiscox said on Wednesday it has agreed to sell DirectAsia, its motor insurance business in Singapore..
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Germany bans neo-Nazi group, raids members’ homes
BERLIN (Reuters) – German authorities raided dozens of locations nationwide on Wednesday after interior minister Nancy Faeser b..
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Dollar scales 10-month top as rate jitters persist
By Rae Wee SINGAPORE (Reuters) – The dollar rose to a 10-month high against its major peers on Wednesday, toppling the euro and..
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Merchants want lower fees, need Amazon’s ads as US FTC files suit
RALEIGH, North Carolina (Reuters) – Merchants who sell on Amazon.com want the online retailer to cut back on fees while some als..
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Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England has concluded its tightening cycle and will likely keep the Ban..
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French shoppers buy fewer tampons, less detergent as prices surge
LONDON (Reuters) – French consumers are buying fewer personal hygiene and household products, sacrificing tampons and laundry de..
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Shutdown showdown in US Congress: Time running short to fund government
By David Morgan and Andy Sullivan WASHINGTON (Reuters) – The U.S. House and Senate on Tuesday plan to take sharply divergent pa..
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Three-quarters of firms globally are not ready for new ESG rules, KPMG finds
LONDON (Reuters) – Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) ..
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French retailers E-Leclerc and Carrefour say they will sell fuel at cost
PARIS (Reuters) -France’s two largest food retailers, E-Leclerc and Carrefour, said on Tuesday that they would heed the governme..
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Equities fall as U.S. Treasury yields, dollar stay elevated
NEW YORK (Reuters) – Equities around the world were lower on Tuesday in a choppy trading session as Treasury yields stayed clo..
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UK home secretary warns uncontrolled migration poses ‘existential challenge’
LONDON (Reuters) -Britain’s Home Secretary Suella Braverman warned on Tuesday uncontrolled migration poses an “existential..
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Exclusive-Cinven bought Eurovita bonds from GIC, others to help liquidation-source
MILAN (Reuters) – Private equity firm Cinven has agreed to buy back 160 million euros ($170 million) of debt sold by its insurer..
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Types of hedge funds
The world of finance and investment is a complex and dynamic landscape, and at the heart of it lies a powerful and enigmatic entity kn..
Finance
Novartis confirms Sandoz spin-off for October 4, 2023
ZURICH (Reuters) – Novartis on Monday confirmed its plans for a 100% spin-off of the Sandoz business on Oct. 4 after shareholde..
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Lego abandons effort to make oil-free bricks – FT
(Reuters) – Danish Toymaker Lego has abandoned its effort to ditch oil-based plastics from its bricks after finding that its new..
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Macron wants fuel industry to sell at cost price
PARIS (Reuters) – French President Emmanuel Macron said on Sunday the government would ask the fuel industry to sell at cost pri..
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Safran CEO sees supply chain pressure through 2024
PARIS (Reuters) -Global aerospace supply chains will remain under pressure throughout 2024, Safran CEO Olivier Andries said on Friday..
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UK’s Mothercare says it expects to complete refinancing shortly
(Reuters) -Mothercare expects to complete a refinancing shortly and will remain in discussions with stakeholders and financing partner..
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France’s Eramet and Suez pick Dunkirk for EV battery recycling
PARIS (Reuters) – Eramet and Suez have chosen Dunkirk as the location for a planned electric vehicle (EV) battery recycling faci..
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Analysis-A year after budget crisis, UK debt faces fresh pensions headwind
By Yoruk Bahceli and Carolyn Cohn LONDON (Reuters) – Britain’s pensions industry, Europe’s biggest, is posing a new..
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Warner Bros to expand British studios’ production capacity by over 50%
By David Lawder (Reuters) -Warner Bros Discovery on Thursday said it planned to expand production capacity at its Leavesden studios n..
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Irish consumer sentiment drops to six-month low, survey shows
DUBLIN (Reuters) – Irish consumer sentiment slumped to a six-month low in September, a survey showed on Friday, pointing to an ..
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UK’s Hunt says unclear when taxes can be cut amid interest cost pressure
(Reuters) -British finance minister Jeremy Hunt said on Thursday that higher long term interest rates were pressuring the budget and i..
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Russia temporarily bans fuel exports to most countries in response to shortages
MOSCOW (Reuters) -Russia has temporarily banned exports of gasoline and diesel to all countries outside a circle of four ex-Soviet sta..
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Top business performers are embracing the cloud. You should too
By Adam Lawrence, VP Cloud Solutions, SS&C Blue Prism Cloud computing is undoubtedly on the rise, with global end-us..
Digital
Sustainable investment strategies
What are sustainable investment strategies? Sustainable investment strategies, often referred to as socially responsible i..
Featured
Let’s give fashion buyers the tech tools they need to shop responsibly
By Jake Hanover, director, digital solutions, Apparel Solutions, Avery Dennison A greenwashing crackdown is taking place ..
Business
More than a fifth of cars sold in EU in August were full EVs – ACEA
By Nick Carey LONDON (Reuters) – Just over one in five new cars sold in the European Union in August was fully electric, as sal..
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Vertice survey reveals friction between finance and tech leaders is preventing companies from controlling cloud spending
Vertice launches its solution for cloud cost control – a Cloud Cost Optimization Platform to give finance and tech..
Business
Oil falls ahead of Fed rate policy announcement
By Yuka Obayashi and Emily Chow TOKYO (Reuters) – Oil prices retreated further from 10-month highs on Wednesday ahead of the U...
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King Charles heads to France for three-day state visit
By Elizabeth Pineau and Michael Holden PARIS (Reuters) – King Charles will arrive in France on Wednesday for a three-day state ..
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UK PM Sunak to announce more ‘proportionate’ climate response
By Elizabeth Piper and William James LONDON (Reuters) -British Prime Minister Rishi Sunak will give a speech this week in which he is..
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Musk’s Neuralink to start human trial of brain implant for paralysis patients
Reuters) -Billionaire entrepreneur Elon Musk’s brain-chip startup Neuralink said on Tuesday it has received approval from an in..
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elementsuite shapes the future of HR with cutting-edge AI-powered HR software – ELLA
elementsuite, the leading employee-centric SaaS HR and Workforce Management platform, today announced the la..
Business
Symphonica and Totogi Unveil Service Orchestration-as-a-Service and Charging-as-a-Service Cloud Solutions
MIAMI, US. 19th September 2023 – The telecommunications industry is currently in the throes of a profound transfor..
Digital
Novo Nordisk contracts South Africa’s Aspen to produce insulin for African nations
By Maggie Fick LONDON (Reuters) – Novo Nordisk has contracted Aspen Pharmacare to produce human insulin on its behalf in South ..
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B&Q owner Kingfisher cuts profit forecast as Poland, France drag
LONDON (Reuters) -European home improvement retailer Kingfisher downgraded its annual profit forecast by 7% on Tuesday, after a drop i..
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