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)..
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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 ..
News
The pitfalls of dirty data and keeping it clean
By Adam Herbert As data has become more crucial for organisations’ business strategies, most companies nowadays invest in a CR..
Business
Intel, Ericsson to work together on custom 5G chip
(Reuters) – Intel Corp on Tuesday said that it will work with Swedish telecommunications gear maker Ericsson to make a custom ch..
News
Resilient Networks: A Must-Have for Natural Disasters
The U.S. experienced 18 climate disasters in 2022, causing over $175.2 billion in damage and 474 deaths, according to Forb..
Innovation
Exclusive-U.S. SEC readies penalty for DWS in greenwashing probe by end September -sources
By Chris Prentice and Tom Sims NEW YORK/FRANKFURT (Reuters) – The U.S. Securities and Exchange Commission is preparing to resol..
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Dulux maker Akzo Nobel lifts outlook on easing raw material costs
By Matteo Allievi (Reuters) -Dutch paints and coatings maker Akzo Nobel raised its annual profit outlook on Tuesday, supported by dec..
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France’s Thales to buy Imperva in $3.6 billion cybersecurity deal
PARIS (Reuters) -France’s Thales said on Tuesday it would buy U.S. cybersecurity company Imperva in a deal worth $3.6 billion as..
News
Peace-themed torch unveiled for Paris 2024 Olympics
PARIS (Reuters) – The design of the Paris 2024 Olympic and Paralympic torch was unveiled on Tuesday, imitating the reflection of..
News
“Last hope”: Eager Germans are prepared to pay for weight-loss drug
FRANKFURT/LONDON (Reuters) – Frustrated after countless failed diet and exercise attempts, 41 year-old Jessica Lenth from Hambur..
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Unilever sees Chinese consumer confidence at ‘historical low point’
By Richa Naidu LONDON (Reuters) – British consumer goods giant Unilever said on Tuesday that China’s declining property m..
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Euro zone firms slash loan demand to lowest on record: ECB poll
FRANKFURT (Reuters) – Euro zone firms’ demand for loans dropped to the lowest on record last quarter and a further declin..
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Pertamina, Petronas to pay up to $650 million for Shell’s Masela gas stake
TANGERANG, Indonesia (Reuters) -Indonesia’s Pertamina and Malaysia’s Petronas signed an agreement with Shell on Tuesday to..
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Keyboard maker Logitech raises forecast for first half of 2024
(Reuters) -Logitech International raised its sales and profit outlook for the first half of the financial year 2024 on Tuesday in its..
News
UK’s Virgin Media O2 to lay off up to 2,000 employees by year end
(Reuters) – British mobile operator Virgin Media O2 said on Monday it was planning to lay off up to 2,000 employees by the end ..
News
Global shares, U.S. yields rise as investors eye rates, earnings
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets and Treasury yields rose on Monday as investors braced for interest rate d..
Investment
How Water Conservation Can Save the Planet?
Water is a valuable resource that benefits all living things, plants, and animals. This demonstrates how essential water is to the pl..
Innovation
Typical Wireless Technologies Applied in IPS
By Wayne and Klay, Blueiot technical team Indoor positioning systems can combine people or objectives in real life with spatial data..
Digital
Southern Europeans splash out on air-con as heatwave drags on
By Corina Pons and Elisa Anzolin MADRID/MILAN (Reuters) – As Southern Europe battles extreme heat with no end in sight, people ..
News
Naturgy’s profit rises on LNG gains, soothing shareholders
MADRID (Reuters) – Spanish power utility Naturgy reported on Monday an 88% jump in profit for the first six months of the year, ..
News
Worsening euro zone business downturn reignites recession fears
LONDON (Reuters) -Euro zone business activity shrank much more than expected in July as demand in the bloc’s dominant services i..
News
Vodafone takes ‘first steps’ in turnaround with top-line improvement
By Paul Sandle LONDON (Reuters) -Vodafone reported better top-line growth on Monday, driven by higher prices in Britain and improveme..
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UK firms grow at slowest in 6 months as rate hikes weigh: PMI
LONDON (Reuters) – Britain’s private sector is growing at its weakest pace in six months in July as orders for businesses..
News
Analysis-As Japan aligns with U.S. chip curbs on China, some in Tokyo feel uneasy
TOKYO/NEW YORK (Reuters) – Japan’s imposition of export controls on chip making tools to align with a U.S. policy restrict..
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Philips slightly raises 2023 outlook after Q2 core profit beat
(Reuters) -Dutch health technology company Philips on Monday slightly raised its full-year targets after posting a bigger-than-expect..
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