Julius Baer reports 18% H1 net profit rise
ZURICH (Reuters) -Swiss private bank Julius Baer reported an 18% increase in net profit for the first half of 2023 on Monday as it sai..
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Ryanair Q1 profits soar, cuts FY passenger forecast on Boeing delays
DUBLIN (Reuters) -Ryanair on Monday posted a 663 million euro ($737.26 million) after-tax profit for the three months ending in June, ..
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Yen pressured as traders wait on policy decisions
SYDNEY (Reuters) – The dollar and euro made firm starts on Monday to a week full of central bank meetings, while the yen was str..
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UK’s EasyJet says it is operating flights as normal to Rhodes
LONDON (Reuters) -Britain’s easyJet said on Sunday it was operating flights as normal to Rhodes but was closely monitoring the ..
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Russian central bank governor speaks after hiking rate to 8.5%
(Reuters) -Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin gave a news conference on Friday after the ..
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Introducing Janus, the exotic ‘two-faced’ white dwarf star
WASHINGTON (Reuters) – Some people are two-faced, figuratively speaking of course. The ancient Roman god Janus was two-faced, li..
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Nokian Tyres profit tumbles amid Russian exit, shares fall
HELSINKI (Reuters) -Finland’s Nokian Tyres on Friday reported a sharp fall in operating profit for the second quarter, sending ..
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UK consumers defy high inflation and shop more in June
LONDON (Reuters) -British retail sales grew faster than expected in June despite continued high inflation, thanks to unusually hot wea..
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Extreme heatwaves to continue through August, WMO adviser says
GENEVA (Reuters) – Heatwaves are expected to persist in a large part of the world throughout August, an adviser on extreme heat..
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Aluminium maker Hydro ups capex, offers downbeat outlook, shares drop
By Gwladys Fouche OSLO (Reuters) -Aluminium producer Hydro raised its guidance for capital expenditure this year and said global dema..
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Lonza cuts 2023 outlook on slower growth, lower customer demand
(Reuters) – Swiss contract drug manufacturer Lonza cut its full-year outlook on Friday, citing slower than expected growth, driv..
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UK’s Labour celebrate “fantastic victory”, but more work still needed – deputy leader
LONDON (Reuters) – Britain’s opposition Labour Party was not taking anything for granted after an historic win in a local..
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British retail sales beat expectations in June
By David Milliken LONDON (Reuters) – British retail sales rose more than expected in June, boosted by unusually hot weather and..
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Common tech business challenges and solutions provided by clear desk policy implementation
By Tom Armenante, director at GTSE cable ties Businesses face a multitude of challenges, from keeping up with rapidly d..
Business
The two sides of gen AI-powered marketing
By Ed Hill, SVP EMEA, Bazaarvoice If there was any doubt that the world of marketing is being transformed by generative..
Digital
The DDoS threat landscapes in 2023 – tackling high-performance botnets
By Omer Yoachimik, Senior Product Manager, DDoS Protection Service at Cloudflare Distributed denial-of-service attacks (other..
Cyber Security
Emerging tech- what to expect in the year ahead
By Francois Candelon, Managing Director and Senior Partner, BCG A wide range of emerging technologies have taken to mark..
Digital
Zelt raises $3.5M to give HR a single place to securely manage all employee operations
UK-based HR startup raises seed funding to make it easier for startups and SMBs to manage HR, IT and financial operations throughout t..
Business
Global miner Anglo American’s first-half production surges 42%
LONDON (Reuters) – Global miner Anglo American said on Thursday its first-half copper production surged 42%, underpinned by the..
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Asia stocks nudge higher, gains capped by China worries
By Ankur Banerjee SINGAPORE (Reuters) – Asian shares inched higher on Thursday as investors took stock of corporate earnings an..
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ABB sees robust activity as Q2 profit beats forecasts
ZURICH (Reuters) -ABB said customer activity remained “robust” during its second quarter as the Swiss engineering company..
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Netflix quarterly revenue misses forecasts, shares slide
LOS ANGELES (Reuters) -Streaming video pioneer Netflix disappointed Wall Street on Wednesday with second-quarter revenue that fell sho..
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IBM misses second-quarter revenue estimates as tech spending cools
(Reuters) – Enterprise software provider IBM’s second-quarter revenue fell short of Wall Street expectations on Wednesday,..
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Dollar gains as pound tumbles on cooling UK inflation
NEW YORK (Reuters) – The U.S. dollar bounced on Wednesday after inflation in the United Kingdom cooled more than economists expe..
News
Atlas Copco posts Q2 profit beat, but sees slowing demand
(Reuters) -Swedish industrials group Atlas Copco on Wednesday reported second-quarter operating profit that beat market forecasts, but..
Companies
European shares gain on boost from Kering; UK stocks shine
By Amruta Khandekar (Reuters) -European shares rose on Wednesday on a boost from shares of Kering after top management changes at the..
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Truck maker Volvo’s quarterly profit surges, beats estimates
By Marie Mannes STOCKHOLM (Reuters) -Swedish truckmaker AB Volvo on Wednesday logged a better-than-expected 57% jump in second-quarte..
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Inflation surprise sets UK homebuilders for biggest rally since 2008
MILAN (Reuters) – Shares in UK property-related stocks rallied on Wednesday as investors cheered data that showed UK inflation s..
News
Security First International Holdings, Inc. Revolutionizes AI Assistance with the Launch of OptoBiz
Security First International Holdings, Inc., a pioneering force in the artificial intelligence (AI) industry, has announced the debut ..
Innovation
Aviva releases H1 2023 profit guidance, growth estimates
LONDON (Reuters) – Aviva said on Wednesday it expected to deliver around 700 million pounds ($907.20 million) in group operating..
News
Canada defends digital taxes but sees path for global deal
OTTAWA (Reuters) -Canada on Tuesday defended its decision to push ahead with its implementation of digital services taxes starting nex..
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Spain antitrust watchdog fines Amazon, Apple $218 million
MADRID (Reuters) – Spain’s antitrust watchdog on Tuesday said it had imposed fines worth a total 194.1 million euros ($218..
News
Nestle increases local sourcing in South Africa with new processing plant
HAMMANSKRAAL, South Africa (Reuters) – Swiss food company Nestle said on Tuesday it would be locally sourcing over 40% of raw ma..
News
Marketmind: Gap between Asia and world markets widens
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Whatever is driving Wall ..
Business
Intensifying heat waves prompt health warnings for Europe, US
PHOENIX (Reuters) -A global pattern of heat waves scorching parts of Europe, Asia and the United States intensified on Tuesday, with t..
News
Global shares rise, dollar rebounds as Fed seen on target for rate hike
NEW YORK (Reuters) – The dollar rebounded off a 15-month low and global stock markets rose on Tuesday as upbeat earnings on Wall..
Investment
Swedbank profit exceeds forecast as real estate slump leaves scant mark
STOCKHOLM (Reuters) -Swedish banking group Swedbank reported a bigger-than-expected rise in net profit on Tuesday on the back of highe..
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