China Investment sells some shares in Teck Resources
(Reuters) – China investment corporation (CIC) said on Tuesday its wholly-owned subsidiary, Fullbloom Investment Corporation, so..
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EV batteries remain major challenge for insurers – UK’s Thatcham
By Nick Carey LONDON (Reuters) – A lack of data on electric vehicle (EV) batteries continues to challenge insurers who are forc..
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Cyber insurance rates drop 10% in June -report
LONDON (Reuters) – Cyber insurance rates dropped around 10% in June compared with a year earlier, reversing recent sharp rate ri..
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UK refutes claims it is dropping $14.76 billion climate pledge
(Reuters) -The British government said on Tuesday that claims it was dropping its International Climate Finance pledge are false, aft..
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Italy’s finances creak as budget deficit climbs in Q1
By Gavin Jones and Giuseppe Fonte ROME (Reuters) – Italy’s budget deficit widened in the first quarter to 12.1% of gross ..
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Oil up as market weighs supply cuts against gloomy economic outlook
LONDON (Reuters) -Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russ..
Companies
German retailers face 4% slump in sales in real terms in 2023 – HDE
BERLIN (Reuters) – German retailers expect to bring in 4% less sales income this year than last in real terms as inflation remai..
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UniCredit appoints new head of digital to replace Jingle after two years
MILAN (Reuters) – UniCredit has named Ali Khan, a cloud specialist who joins from consultancy PwC, as its new head of digital an..
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Chinese smartphones sales exceed 70% of Russian market
(Reuters) – Chinese smartphones dominated the Russian market in the first half of 2023, exceeding 70% of all sales, leading con..
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Sainsbury’s says UK food inflation falling as sales rise
By James Davey LONDON (Reuters) -Sainsbury’s, Britain’s second largest supermarket group, said on Tuesday food inflation ..
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Twitter says users must be verified to access TweetDeck
By Sheila Dang (Reuters) -Twitter users will soon need to be verified in order to use TweetDeck, the social media company said in a t..
Companies
Arrival, Nikola signal more pain for EV startups
(Reuters) -Arrival SA will terminate plans to merge with a blank-check firm and Nikola Corp will offload its newly acquired battery un..
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Amazon rolls out first European Rivian vans in Germany
(Reuters) – E-commerce giant Amazon will deploy its first European vans from U.S. electric vehicle (EV) maker Rivian in Germany ..
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Japan’s top lenders in fresh drive to win US investment banking deals
TOKYO (Reuters) -Japan’s top lenders aim to carve out a larger presence in U.S investment banking as they look to make better us..
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Cinepolis exec seen as CEO candidate for Cineworld – Sky News
(Reuters) – Cineworld Group is looking at Eduardo Acuna, who runs the Americas operations of Mexico’s Cinepolis, as a pote..
Companies
UK demands better deal for drivers in road fuel market
By James Davey LONDON (Reuters) -Britain will require supermarkets and retailers to give drivers access to live fuel prices at every ..
Companies
Oil giants drill deep as profits trump climate concerns
By Ron Bousso and Nerijus Adomaitis LONDON (Reuters) -Oil and gas companies have intensified the hunt for new deposits in a long-term..
Companies
UBS goes on hiring spree for wealth managers catering to rich Americans
By Tatiana Bautzer NEW YORK (Reuters) -UBS has gone on a U.S. recruiting drive for wealth managers catering to rich Americans even as..
Companies
World stocks rally, Nikkei closes at 33-year peak
LONDON (Reuters) -World stocks rose to a two-week peak on Monday, with Japan’s Nikkei closing at its highest level in 33 years, ..
Companies
UK banks asked by lawmakers if they’re ‘exploiting’ savers with low rates
By Iain Withers LONDON (Reuters) -British banks faced fresh criticism on Monday for the savings rates they offer to cash-strapped cus..
Companies
Casino shares plunge as supermarket chain faces increased default risk
PARIS (Reuters) -Shares in France’s Casino plunged by as much as 20% to fresh record lows on Monday after the supermarket chain ..
Companies
Panasonic needs four more EV battery plants, executive says
OSAKA, Japan (Reuters) -The battery arm of Japan’s Panasonic will need to build four more factories to reach its target for a sh..
Companies
UK year-ahead inflation expectations rise to 5%: Citi/YouGov
LONDON (Reuters) -The British public’s expectations for inflation over the coming year rose in June but long-run expectations ea..
Companies
Apple makes history as first $3 trillion company amid tech stock surge
(Reuters) – Apple Inc became the first company in the world to reach a market value of $3 trillion, buoyed by hopes over its ex..
Companies
Australia’s United Malt agrees to $1 billion takeover offer from France’s InVivo
(Reuters) -United Malt Group Ltd said on Monday it agreed to a A$1.5 billion ($999 million) takeover offer from Malteries Soufflet, a ..
Companies
Hong Kong May retail sales rise 18.4%, sixth month of growth
HONG KONG (Reuters) – Hong Kong’s May retail sales rose 18.4% from a year earlier thanks to the revival of inbound touris..
Companies
UK car output jumps 27% in May from year earlier on steady EV demand
(Reuters) – Britain’s car production rose for a fourth straight month in May, driven by higher demand for electric vehicl..
Companies
The growth of chargebacks – how AI and Big Data can curb the trend
According to our own research, 60% of all chargeback claims will be fraudulent in 2023. In fact, you might be surprised to..
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Lessons in FinTech: Paving the way for more women in chargebacks
By Monica Eaton, Founder, Chargebacks 911: What is your story and how did you get where you are? I set up an eCommerce..
Finance
Why Cyber Security Should be a Top Business Priority
Across the UK, cyberattacks are an increasingly common and rapidly evolving phenomenon. Whether it’s a ransomware attack ..
Cyber Security
How generative AI will revolutionize the CX landscape
By Zarnaz Arlia, CMO, Emplifi Unless you’ve been hiding in a cave, it’s impossible to ignore the undeniable..
Digital
Why Conversational AI is more than just a chatbot
By Serkan Ibrahim, VP of Europe, Kore.ai The innovation taking place within the technology industry right now is excitin..
Digital
AI revolutionizes publishing and writing industry
AI’s Role in Writing AI, characterized by machine learning and natural language processing, has a vast capacity to learn from d..
Digital
Why legacy modernisation is essential to reduce energy costs
By Andy Connor, EMEA Channel Director, Subzero Engineering As the demand for digital infrastructure continues to increas..
Business
How technology can combat fake news
By Naomi Owusu, CEO of Tickaroo Fake news isn’t a modern phenomenon caused by social media; in fact, it has a long history that goes ..
Digital
AutoStore to appeal London high court loss to Ocado in patent feud
LONDON (Reuters) – Norwegian robotics firm AutoStore said on Thursday it will appeal a London high court judgement in March whic..
Companies
Credit Suisse appoints investment banking management committee -memo
By Tatiana Bautzer NEW YORK (Reuters) – Credit Suisse Group AG on Thursday appointed an investment banking management committee..
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