Britain sees 14% annual rise in missed direct debit payments
By David Milliken LONDON (Reuters) – Britain reported an annual rise of 14% in missed bill payments last month for their second..
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UK’s IG Group ekes out revenue rise from interest income, U.S. trading
(Reuters) – British online trading platform IG Group on Thursday reported a marginal rise in its first-quarter revenue after a b..
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British retailer John Lewis says turnaround delayed by two years
LONDON (Reuters) -John Lewis Partnership’s turnaround will take two years longer than planned and cost more money, the British r..
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Swedish inflation slows in August; Riksbank still expected to hike next week
STOCKHOLM (Reuters) – The pace of headline Swedish inflation slowed more than expected in August, official data showed on Thursd..
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Thyssenkrupp creates green tech division, launches performance programme
FRANKFURT (Reuters) – Thyssenkrupp on Thursday unveiled plans to bundle its businesses with a green technology angle in one segm..
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New Zealand’s National Party looks to cement lead 30 days out from election
WELLINGTON (Reuters) – Thirty days out from New Zealand’s general election, recent polls show the opposition party National ceme..
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Carrefour sticks price warnings on food to shame suppliers
By Dominique Vidalon PARIS (Reuters) – French supermarket chain Carrefour has slapped price warnings on products from Lindt cho..
News
OpenAI launches office in Dublin with nine job listings
(Reuters) -Artificial intelligence leader OpenAI is opening an office in Dublin, the Microsoft-backed company said Thursday. It is the..
News
Exor to buy back 1 billion euro own shares, starts with 750 million tender offer on Thursday
MILAN (Reuters) – Exor has approved a new share buyback program for up to one billion euros ($1.07 billion), with an initial ten..
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SoftBank’s Arm valued at $54.5 billion in year’s biggest IPO
By Echo Wang and Anirban Sen NEW YORK (Reuters) – Chip designer Arm Holdings Plc secured a $54.5 billion valuation in its U.S. ..
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EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs
By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission launched an investigation on Wednesday into whether to impose puniti..
News
Catalyzing Digital Transformation — Unveiling LineZero’s Cutting-Edge Solutions
Businesses have much to gain from digital transformation. From improved efficiency to enhanced customer experience to expanded market..
Innovation
Goldman, J.P.Morgan cut UK’s 2023 growth forecast
(Reuters) -Goldman Sachs and J.P.Morgan on Wednesday cut their full-year growth forecast for the UK’s gross domestic product (G..
News
ABB invests $280 million in new robotics factory in Sweden
ZURICH (Reuters) – ABB is spending $280 million on a new robotics factory in Sweden, the Swiss engineering and technology group..
News
Aviva to sell Singlife joint venture stake for $1 billion
By Elizabeth Howcroft LONDON (Reuters) -Aviva is quitting its Singlife joint venture, selling its 25.9% stake in Singapore Life Holdi..
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Sterling drops after UK economy contracts by more than expected
LONDON (Reuters) – The British pound declined against the dollar and euro on Wednesday after data showed British economic outpu..
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Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices
MADRID (Reuters) -Zara owner Inditex reported on Wednesday a jump of 40% in profit for the six months to July amid higher sales compar..
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Oil near 10-month peak on supply tightness, US inflation data awaits
(Reuters) -Oil rose on Wednesday, firming its ground near a 10-month peak reached during trading a day earlier, as the market balanced..
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EY to create 1,000 jobs in N. Ireland, kicking off investment conference
LONDON (Reuters) – Professional services firm EY will create 1,000 jobs in Northern Ireland over the next five years, the Britis..
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Boeing deliveries decrease in August as it wrestles with manufacturing defect
By Valerie Insinna WASHINGTON (Reuters) – Boeing delivered 35 planes in August, its lowest number since April, as it struggles ..
News
Nothing to toast as Italy loses wine-making leadership to France
ROME (Reuters) – Wine output in Italy looks set to fall 12% this year to below 44 million hectolitres after extreme weather and ..
News
UK, Japanese, Italian partners agree next steps for fighter jet
LONDON (Reuters) – Britain’s BAE Systems, Japan’s Mitsubishi Heavy Industries, and Italy’s Leonardo have agree..
News
FTSE 100 rises on peak rate bets; Smurfit Kappa slumps on WestRock deal
(Reuters) – UK’s FTSE 100 index inched higher on Tuesday after labour data signalled that the Bank of England might be nea..
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UK jobless rate rises but wage growth points to another rate hike
LONDON (Reuters) -Britain’s labour market showed more signs of cooling in the three months through July, even as data showing an..
News
Russian plane with 159 aboard makes emergency landing in Novosibirsk region – agencies
(Reuters) – Russia’s Ural Airlines plane with 159 people aboard and flying from Sochi to Omsk made an emergency landing in..
News
Asian stocks steady, Japan, China central banks interrupt dollar’s ascent
By Tom Westbrook SINGAPORE (Reuters) – Asian stock markets edged up on Tuesday while comments from central banks in China and J..
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Brent holds above $90; traders eye U.S., European interest rates as guide to demand
SINGAPORE (Reuters) -Brent crude futures held above $90 a barrel on Tuesday, while investors awaited macroeconomic data that could ind..
News
BoE’s Mann says better to err towards over-tightening rates
By Andy Bruce and David Milliken LONDON (Reuters) -Bank of England policymaker Catherine Mann said on Monday that it was too soon for..
News
Global companies to hike security spending as threats rise – survey
LONDON (Reuters) – Almost half of security chiefs at the world’s biggest companies expect to increase their budgets signif..
News
Ripe for change? Activist investors eye food, consumer goods firms
LONDON (Reuters) – In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Dano..
News
AstraZeneca shares fall 4% to 7-1/2 week low
LONDON (Reuters) -Shares in London-listed drugmaker AstraZeneca fell more than 4% on Monday, sliding to their lowest since July 19. T..
News
BMW to invest $750 million in UK plants to take Mini fully electric
LONDON (Reuters) -BMW said on Monday it will invest 600 million pounds ($750 million) in its UK plants to take its Mini brand all-elec..
News
All of UK retailer Wilko’s stores to shut, risking 12,500 jobs
LONDON (Reuters) -Failed retailer Wilko will disappear from British high streets next month, as its entire chain of 400 homeware store..
News
How to get the cheapest car insurance
Car insurance is an essential expense for every driver, but that doesn’t mean you have to break the bank to ensure your vehicle..
Investment
Retail cyber attacks are rising: how can you prepare and protect your business?
By Jack Bennett, Sales Leader at SysGroup discusses how retailers are facing an increasing number of cyber attacks, and the best step..
Cyber Security
The dawn of the AI Prompter
By Martin Weis, Managing Partner and EMEA Head of AI at Infosys Consulting The launch of AI chatbot ChatGPT has sparked both ..
Digital
Intraway Brings Cloud-Native OSS Platform Symphonica to AWS Marketplace for General Availability
Miami, FL -September 6, 2023 – The pioneering developer behind leading no-code, cloud-native OSS platform Symphonica, Intraway Corpor..
Business