BP to defend its rights in dispute with Venture Global LNG; other clients weigh options
LONDON/HOUSTON/LISBON (Reuters) -BP will defend its rights “to the absolute fullest” in an arbitration case against U.S. e..
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Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow
(Reuters) – Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a ..
News
European shares retreat as factory activity falters
(Reuters) -European stocks slipped on Tuesday, with the German DAX pulling back from record highs as shrinking factory activity in the..
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Spain’s factory activity shrinks again in July on weak demand -PMI
MADRID (Reuters) – Factory activity in Spain contracted for the fifth consecutive month in July as domestic and foreign demand ..
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UK baker Greggs confident on 2023 after first-half growth
LONDON (Reuters) – British bakery and fast food chain Greggs stuck to forecasts for higher full-year profit after posting a 14% ..
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Covestro sees 2023 EBITDA at lower end of forecast range
(Reuters) – German chemicals maker Covestro on Tuesday said it expects its 2023 core profit to be at the lower end of its forec..
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UK regulator seeks public input on Microsoft-Activision deal
LONDON (Reuters) -Britain’s antitrust regulator on Monday called for public responses on whether Microsoft’s $69 billion t..
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US futures inch up; stock markets ride higher on cooler inflation
By Nell Mackenzie LONDON (Reuters) – U.S. share futures treaded cautiously higher on Monday ahead of more large-cap earnings re..
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Canada’s Trudeau sets sights on fourth election fight with Cabinet refresh
OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau made massive changes to his cabinet last week in a move political analysts sa..
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Boeing supplier Senior sees strong H2 as demand picks up, supply issues ease
(Reuters) -Britain’s Senior forecast a strong second half of the year on Monday, after adjusted profits for the first six months..
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Britain commits to hundreds of North Sea oil and gas licences
LONDON (Reuters) -Britain on Monday committed to granting hundreds of licences for North Sea oil and gas extraction as part of efforts..
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Manchester United renews Adidas partnership in $1.1 billion 10-yr deal
(Reuters) -Manchester United on Monday renewed the soccer club’s partnership with official kit supplier Adidas for 10 more years..
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France’s TDF explores fibre unit sale for upwards of 1 billion euros – sources
By Andres Gonzalez and Amy-Jo Crowley LONDON (Reuters) – French telecoms firm TDF is studying options for its fibre business in..
News
Analysis-Dwindling excess savings could scupper markets’ soft-landing hopes
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Markets have high hopes for a soft landing for the economy, with bonds..
News
At Europe’s big banks, women make some gains despite Rose exit
ZURICH (Reuters) -Alison Rose’s resignation from NatWest leaves just one woman in charge of a major western European bank, highl..
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UK banks back in political crosshairs after Farage fiasco
By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) -After more than a decade trying to rehabilitate their image since..
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Swiss National Bank posts $15 billion loss during second quarter
ZURICH (Reuters) – The Swiss National Bank posted a second quarter loss of 13.20 billion Swiss francs ($15.14 billion), it said..
News
How technological innovations are rapidly reshaping society
Technology has changed society for the better in many ways, and new forms of technology are continuously being developed to improve pe..
Innovation
What next if the technology rally loses steam?
By Garry White, Chief Investment Commentator at Charles Stanley Shares in technology companies have led the charge this ..
Digital
Banks can’t control inflation, but they can control their customer relationships
By Nick Delis, Senior VP of International and Strategic Business at Five9 In the cost-of-living crisis, every penny coun..
Companies
Oil climbs close to April peak on tighter supply
By Alex Lawler LONDON (Reuters) -Oil climbed by almost 1% on Thursday, recouping losses from the previous session, supported by suppl..
News
Automakers’ demand helps STM weather softening chip market
(Reuters) -European chipmaker STMicroelectronics on Thursday forecast higher third-quarter sales as demand from automakers helped it b..
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Mediobanca to launch new $223 million buyback after record year
MILAN (Reuters) – Italy’s Mediobanca said on Thursday it would buy back its own shares for around 200 million euros ($223 ..
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Sabadell doubles Q2 net profit, lifts guidance for 2023
MADRID (Reuters) -Higher margins helped Spain’s Sabadell double net profit in the second quarter, beating market expectations an..
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EDF swings to profit thanks to price increases
PARIS (Reuters) – French nuclear power giant EDF swung to profit in the first half of the year, rebounding from a record loss i..
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ArcelorMittal cuts steel demand forecast, beats profit expectations
BRUSSELS (Reuters) -ArcelorMittal, the world’s second-largest steelmaker, lowered its steel shipments forecast on Thursday for this ye..
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Banks to fuel boom in UK Plc regular dividend payouts
MILAN (Reuters) – A recovery in bank payouts is set to lift UK regular dividends by 6.1% to 88.9 billion pounds ($114.8 billion)..
News
Samsung to extend production cuts after $7 billion chip loss in H1
SEOUL (Reuters) -Samsung Electronics on Thursday said the worst is over for the global memory chip market but announced plans to exten..
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Mercedes-Benz says better supplies boost orders, economy still weighs
BERLIN (Reuters) – Mercedes-Benz forecast a subdued world economy with monetary policy weighing on consumers even as supply chai..
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Facebook parent Meta sees advertising jump, tops Wall Street targets
By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms on Wednesday reported a strong rise in advertising revenue, topping W..
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Exclusive-Amazon has drawn thousands to try its AI service competing with Microsoft, Google
By Jeffrey Dastin (Reuters) – Amazon.com’s cloud division has drawn thousands of customers to try out its service vying with Mi..
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Becrypt Introduces Cutting-Edge High Assurance Cross Domain Solution (APP-XD) to Safeguard Critical National Infrastructure
LONDON, UK. July 26th, 2023 – Becrypt, a leading provider of cybersecurity solutions, has proudly unveiled its latest innovatio..
Cyber Security
How Safeguarding Tech Is Helping to Improve Charities
Safeguarding challenges are some of the most complicated issues charitable institutions dealing with children and vulnerable individu..
Companies
The Programming Languages Leading the Way in the Tech Industry
Those working in the coding industry know that hundreds of coding languages are available for them to learn. However, from the hundre..
Featured
Nissan seals Renault deal, now faces hard yards in China
By Daniel Leussink and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan will invest up to $663 million in Renault’s new electric ..
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Limited support for central bank digital currencies in global investment industry survey
By Marc Jones LONDON (Reuters) – The most comprehensive survey of the global investment industry on central bank digital curren..
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Exclusive-EU regulators rebuff Meta’s offer to curb use of ad data, sources say
BRUSSELS (Reuters) – Meta Platforms offered to curb the use of competitors’ advertising data for its Facebook Marketplace ..
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