Norway central bank raises rate to 4.0%, eyes September hike
ARENDAL, Norway (Reuters) -Norway’s central bank raised its benchmark interest rate by 25 basis points to 4.0% on Thursday to tr..
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China’s low copper inventory data belie sufficient supply
HANOI/BEIJING (Reuters) – Net long positions of copper on the London Metals Exchange (LME) are at a six-month high, partly fuell..
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Tomb Raider games group Embracer lags forecast, maintains outlook
STOCKHOLM (Reuters) -Swedish games developer Embracer on Thursday reported slightly weaker than expected operating profit for the Apri..
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Payments company Adyen’s shares drop more than 20% after earnings miss
AMSTERDAM (Reuters) – Shares in Dutch payments processor Adyen NV fell by more than 20% on Thursday after first-half earnings m..
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Oil prices wobble on worries over China economy, US rate path
By Sudarshan Varadhan SINGAPORE (Reuters) – Oil prices were choppy on Thursday after falling over the past three sessions, with..
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Mild recession ends Dutch economy’s strong post-COVID boom
AMSTERDAM (Reuters) -Economic growth in the Netherlands will be much slower than earlier expected this year, as a recession in the fi..
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UK’s BAE Systems to buy Ball Aerospace for about $5.55 billion
(Reuters) -British defence group BAE Systems said on Thursday it agreed to buy Ball Aerospace business from Ball Corp for about $5.55..
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Asian stocks hit 9-month lows on worries over China, US rates
SINGAPORE (Reuters) – Asian shares sank to nine-month lows on Thursday, while the dollar was at a two-month peak as fears over C..
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Dollar shines against battered yen; Aussie dragged by jobs data, China woes
SINGAPORE (Reuters) – The dollar pushed the yen deeper into intervention territory on Thursday as a resilient U.S. economy under..
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PayPal to halt UK crypto sales until 2024
LONDON (Reuters) – Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from Octob..
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Getting ready for the next Network and Information Systems Directive (NIS2)
By Tony Burton, Managing Director – Cyber Security and Trust at Thales UK With cybercriminals increasingly targeting critical nationa..
Digital
Rouble strengthens towards 96 vs dollar after emergency rate hike
(Reuters) -The Russian rouble strengthened towards 96 to the dollar on Wednesday, one day after the central bank hiked interest rates ..
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HKEX remains committed to LME – CEO
LONDON (Reuters) -Hong Kong Exchanges and Clearing (HKEX) remains committed to the London Metal Exchange (LME), HKEX’s CEO said ..
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German solar battery firm sonnen sees bigger role backing up grid
By Vera Eckert FRANKFURT (Reuters) – Germany’s sonnen, which provides storage batteries for rooftop solar systems, has co..
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Industrial output jump gives euro zone growth small boost
FRANKFURT (Reuters) – The euro zone’s vast industrial sector rebounded in June, giving overall growth a small boost to end..
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UK house prices rise by least since 2020 and fall in London – ONS
LONDON (Reuters) – British house prices increased by 1.7% in the 12 months to June, the Office for National Statistics (ONS) sai..
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Bank of Ireland says it has fixed glitch that sparked flurry of withdrawals
DUBLIN (Reuters) -Bank of Ireland has fixed technical problems that affected its services and allowed some customers to withdraw or tr..
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General, health insurance help Aviva to H1 profit beat
LONDON (Reuters) -British insurer Aviva posted an 8% rise in first-half operating profit to 715 million pounds ($909 million) on Wedn..
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ESA chief sees Ariane 6 debut launch delayed to next year
PARIS (Reuters) – The first launch of Europe’s new Ariane 6 rocket has slipped into 2024 after an incomplete recent ground..
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UK inflation rate slows to 6.8% in July
LONDON (Reuters) – British annual consumer price inflation slowed to 6.8% in July, figures from the Office for National Statisti..
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Marketmind: Stock markets tense as China gloom builds
A look at the day ahead in European and global markets from Brigid Riley China’s new home prices fell in June for the first tim..
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Norway wealth fund to firms: use AI, but do it responsibly
OSLO (Reuters) – Norway’s $1.4 trillion wealth fund, the world’s single largest stock market investor, is urging fir..
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Sweden, UK lead European shares lower on rate-hike fears
By Shashwat Chauhan and Ankika Biswas (Reuters) -UK and Swedish stocks led declines among European peers on Tuesday after data from b..
Finance
UK lenders trial government-backed loans for risky borrowers
LONDON (Reuters) – A handful of small UK commercial lenders are offering interest-free loans to high-risk borrowers, as part of ..
Finance
As World Cup breaks records, Adidas, Nike navigate bumps in retail demand
LONDON/AUCKLAND (Reuters) – The unpredictability of the Women’s World Cup, with the U.S. knocked out early and a first-tim..
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Lufthansa’s Eurowings sees positive operating result in FY 23
FRANKFURT (Reuters) – Lufthansa’s budget subsidiary Eurowings expects a positive operating result this year, chief execut..
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No sustained recovery on horizon for German economy -econ min
BERLIN (Reuters) – Germany’s economy is not likely to see a sustained recovery in the coming months based on early indica..
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Agnelli family’s Exor buys $2.8 billion stake in Philips
By Toby Sterling and Bart H. Meijer AMSTERDAM (Reuters) -Dutch investment firm Exor NV, controlled by Italy’s Agnelli family, h..
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German network regulator names 2nd managing director of Rosneft Deutschland
BERLIN (Reuters) – Germany’s network regulator on Monday said it had appointed Udo Giegerich as a second managing director..
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Italy PM Meloni takes ‘full responsibility’ for bank tax
MILAN (Reuters) -Italian Prime Minister Giorgia Meloni on Monday took “full responsibility” for last week’s shock d..
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Analysis-Big losses in Russia-linked stocks have investors rethinking other depositary receipts
LONDON/NEW YORK (Reuters) – Global investors are losing confidence in securities linked to shares of companies in the world̵..
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UK employers plan 5% pay rises, many resort to counteroffers: CIPD
LONDON (Reuters) – British employers expect to raise pay by 5% over the coming year and are increasingly making counteroffers to..
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Best books to read in 2023
Welcome to the captivating world of literature! As we step into the exciting year of 2023, the literary landscape promises to enchant ..
Featured
What can established businesses learn from start-up innovation?
Successful start-up businesses are all guided by their ability to rapid execute on ideas. Being able to keep up with the e..
Business
Wedding on a Budget: Planning Your Special Day without Breaking the Bank
Wedding on a Budget: Planning Your Special Day without Breaking the Bank Planning a wedding is an exciting and joyous time, but it can..
Opinion
The impact of tech platforms on scale-ups: Fueling growth and transformation
By Rafael S.Laujenesse, CEO and founder of ReachX As a digitalised way of working has advanced exponentially in recent t..
Business
Leadership tips to help build a thriving workforce
By Sarah-Jayne, COO of ILIXIUM As a leader, empowering my employees is my top priority, and I’m constantly finding new w..
Business