European shares set for worst week in three months, Siemens Energy plunges
By Shreyashi Sanyal (Reuters) -European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views..
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UK consumer morale touches 17-month high despite inflation pain – GfK
LONDON (Reuters) – British consumer sentiment hit its highest level since January 2022 as households turn more optimistic about ..
Companies
Investors increase bets on UK recession as rate hikes bite
By Naomi Rovnick and Harry Robertson LONDON (Reuters) -Markets are doubling down on bets for a UK recession after the Bank of England..
Companies
Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources
NEW DELHI (Reuters) – Indian state-run refiner BPCL is in talks with Rosneft to buy about 6 million metric tons (43.8 million ba..
Companies
Lithium producers warn global supplies may not meet electric vehicle demand
LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may..
Companies
Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance
(Reuters) – State-owned Saudi Arabian Military Industries(SAMI) signed an agreement with France’s Safran Helicopter Engine..
News
Microsoft says new computing service for chemicals can slash R&D time
By Stephen Nellis Microsoft Corp on Wednesday introduced a new computing service aimed at helping chemical companies speed up the res..
News
Aegon bets on Transamerica to boost cash flow and dividend in 2025
(Reuters) -Transamerica owner Aegon on Thursday forecast a higher free cash flow and dividend in 2025, flagging untapped potential in ..
News
Britain says insurer capital rule changes to start by end of 2023
By Huw Jones LONDON (Reuters) -Britain’s finance ministry said on Thursday that the first batch of post-Brexit reforms to ̵..
Companies
Analysis-For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt
DETROIT (Reuters) – As the auto industry scrambles to produce more affordable electric vehicles, whose most expensive components..
Companies
Swiss National Bank calls for new measures after Credit Suisse crash
By Noele Illien ZURICH (Reuters) -The Swiss National Bank (SNB) on Thursday said it was crucial to draw lessons from the Credit Suiss..
News
Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag
By John McCrank NEW YORK (Reuters) – Nasdaq’s eye-popping $10.5 billion bet on the little known financial software compan..
News
Intelsat, SES end merger talks – source
By Nilutpal Timsina (Reuters) -Intelsat has ended merger talks with SES SA, a source familiar with the matter told Reuters on Wednesd..
News
Hive launches in the UK to give D2C merchants access to European consumers
In the aftermath of London Tech Week, German fulfilment startup, Hive, has announced its U.K. launch as it aims to generate 200 new U...
Featured
Oil rallies as grain markets tighten, dollar falls on Fed Chair comments
By Shariq Khan BENGALURU (Reuters) -Oil prices gained a dollar a barrel on Wednesday as U.S. corn and soybean prices raced to multi-m..
News
Combatting churn: How subscription businesses can use technology to maximise customer retention
The subscription economy has reinvented the way we consume goods and services. Today, four in five UK consumers are signed..
News
Dollar higher after Powell says Fed inflation fight ‘has a long way to go’
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar edged higher against a basket of currencies on Wednesday after Federal Reser..
Finance
French send deep diving robot to help Titanic sub search
PARIS (Reuters) – A French robot that can dive to 20,000 feet (6,000 metres) underwater is on its way to help find a tourist sub..
News
Factbox-Aviation emissions targets in focus at Paris Airshow
PARIS (Reuters) – Big deals at this week’s Paris Airshow have highlighted a sharp recovery in air travel demand. The secto..
News
UK manufacturers see lowest inflation since Feb 2021 – CBI
LONDON (Reuters) – British manufacturers expect to raise prices by the smallest amount since February 2021 over the next three m..
News
German recession will be sharper than expected: Ifo
BERLIN (Reuters) -The German economy will contract more than previously expected this year as sticky inflation takes its toll on priva..
News
UK’s Berkeley forecasts 20% drop in house sales as interest rates rises weigh
By Suban Abdulla and Aby Jose Koilparambil (Reuters) -British high-end housebuilder Berkeley on Wednesday forecast a 20% drop in sale..
News
UK’s Halfords expects pricing efforts to drive profits
LONDON (Reuters) -Halfords forecast profit would rise 3% in its current financial year, saying its efforts to keep prices low should h..
News
How putting customers on hold can damage your business
By Dave Adamson, CTO at Espria, the modern contact centre is the driving force behind customer experience, not PR and Ma..
Business
Creating and maturing the digital Thread: How to exceed ROI expectations
By Gordon Benzie is Director, Analyst Relations & Market Intelligence at ServiceMax. Digital transformation has hard..
Digital
DevOps: Embedding vs Centralization
By Žydrūnas Tamašauskas, Head of Product Development at Oxylabs DevOps have been making the rounds in many technology-dr..
Digital
What are the four principles of data mesh and how can they lead to ‘Industry 4.0’?
By Monica McDonnell, Automotive Industry Consultant at Teradata The importance of Artificial Intelligence (AI) and Machine Lea..
Industries
European car sales rise in May – ACEA
BERLIN (Reuters) – European new car registrations increased in May, data from the region’s carmaker association showed on..
News
Factbox – Graphite producers doing deals with automakers and battery groups
LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite dema..
Companies
Mastercard launches global plan to recycle credit cards
LONDON (Reuters) – Payments company Mastercard on Wednesday launched a global project to recycle credit and debit cards as part ..
News
Abu Dhabi’s ADNOC in almost $11 billion approach for Covestro -sources
(Reuters) -Abu Dhabi National Oil Company (ADNOC) has approached German plastics and chemicals maker Covestro AG with a takeover propo..
News
UK fines WH Smith, M&S and others for not paying minimum wage
LONDON (Reuters) – Britain has fined more than 200 companies, including top retailers WH Smith, Marks & Spencer and Argos, f..
News
Italy’s Brembo to move to Amsterdam to increase M&A options
MILAN (Reuters) – Italy’s Brembo is to move its legal headquarters to the Netherlands and strengthen its loyalty share sc..
News
Nasdaq to transfer European power business to EEX bourse
FRANKFURT/OSLO (Reuters) -Nasdaq will transfer its European power trading and clearing business to the European Energy Exchange (EEX),..
News
Abu Dhabi-based ADQ’s talks to take Lazard private fall apart- FT
(Reuters) – Abu Dhabi’s sovereign wealth fund ADQ held talks with investment bank Lazard Ltd to take it private earlier th..
News
Factbox-Hyundai’s plans for EVs, restructuring in China
(Reuters) – Hyundai Motor, the No. 3 global automaker by sales with its affiliate Kia Corp, outlined plans on Tuesday for a deep..
News
MTU and Safran to create JV on military helicopter developments
(Reuters) – German MTU Aero Engines and French Safran have signed a memorandum of understanding to create a joint-venture on dev..
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