Britain backs greener air travel with $280 million funding package
LONDON (Reuters) – Britain has announced 218 million pounds ($279 million) to help fund research into greener air travel, its m..
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Singapore tops list of costliest cities for goods, services aimed at the wealthy
SINGAPORE (Reuters) – Singapore for the first time became the most expensive city for goods and services for wealthy people, ove..
News
Lanxess slashes profit outlook as demand recovery lags
(Reuters) – German speciality chemicals maker Lanxess on Monday evening cut its second-quarter and annual core profit forecasts..
News
Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT
(Reuters) -European antitrust regulators are preparing to launch a formal investigation into software giant Adobe’s $20 billion ..
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Japan’s Suzuki to make ‘flying cars’ with SkyDrive
TOKYO (Reuters) – Japanese automaker Suzuki Motor Corp said on Tuesday it had reached an agreement with SkyDrive Inc to make &#..
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Flexibility and employee engagement can go hand in hand in the workplace
By Eamon O’Doherty, Enterprise Director, EMEA at Logitech The world around us is changing, and along with it are our exp..
Business
Great Resignation’ continues as quarter of workers look to change jobs – PwC
By Divya Chowdhury MUMBAI (Reuters) – A quarter of workers surveyed by PwC expect to change jobs in the next 12 months, up from..
News
EU electric vehicles risk 4.3 billion euro post-Brexit tariff cost – auto body
BRUSSELS (Reuters) – Post-Brexit rules forcing European automakers to source more electric vehicle components from Britain or t..
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UBS faces big penalty over Credit Suisse’s Archegos failings -FT
(Reuters) – UBS Group AG faces hundreds of millions of dollars in penalties over Credit Suisse’s mishandling of Archegos C..
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Bank of England launches first sector-wide liquidity ‘stress test’
LONDON (Reuters) -The Bank of England has launched its first system-wide liquidity ‘stress test’ to establish how big bank..
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Royal Mail’s largest union to resume vote on deal with postal company on June 22
(Reuters) – The largest union of UK’s Royal Mail will resume voting on an agreement reached with the British postal firm ..
News
Stocks rally stalls, eyes Powell testimony for rate clues
LONDON, SYDNEY (Reuters) -Global shares drifted on Monday, consolidating gains after hitting a 14-month high last week, as investors a..
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Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister
DHAKA/PARIS (Reuters) – State-owned carrier Biman Bangladesh Airlines has decided to purchase 10 planes from Airbus, in a shift ..
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AstraZeneca planning China business spin off -FT
(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong i..
News
ECB risks losing sight of ‘greedflation’ with laser-focus on wages
FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a driver of inflation – or “gree..
Companies
Oil slides more than $1 on China growth uncertainties
By Katya Golubkova and Emily Chow TOKYO (Reuters) -Global oil prices fell more than $1 on Monday, backing off last week’s gains..
News
Dollar drifts as traders weigh rate path; yen fragile
SINGAPORE (Reuters) – The U.S. dollar was tentative on Monday as investors tried to assess the monetary policy path ahead after ..
News
JLR taps Everstream Analytics’ AI to dodge supply chain problems
By Nick Carey LONDON (Reuters) – JLR said on Monday it has partnered with supply chain mapping and risk analytics firm Everstre..
News
British supermarket Morrisons cuts prices of nearly 50 products
LONDON (Reuters) – British supermarket Morrisons said on Monday it was cutting the prices of 47 products by an average of over 2..
News
Protecting travel businesses from a growing cyber threat
Although the travel industry has faced serious disruption over the past three years, the horizon is clearing up with more..
Cyber Security
France’s Macron vows to boost sustainable aviation fuel production
PARIS (Reuters) – France will invest 200 million euros ($218.78 million) to boost the production of sustainable aviation fuels ..
News
Self-driving truck company Einride expands into Norway
COPENHAGEN (Reuters) – Swedish electric self-driving truck company Einride expects to reduce CO2 emissions in Norway by 2,100 to..
News
Euro zone May inflation confirmed at 6.1% yr/yr, core eases
BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May, the European Union’s statistics office confi..
News
Intel facility is largest greenfield investment in Poland, PM says
WARSAW (Reuters) – Polish Prime Minister says Intel’s new semiconductor assembly and test facility near Wroclaw, western ..
News
Travis Perkins warns on profit in sign of UK housing market difficulty
LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building materials, warned profit would be hit by difficulties i..
News
Rheinmetall expects German ammunition order worth billions soon -CEO
By Sabine Siebold BRUSSELS (Reuters) -Rheinmetall expects to strike an ammunition deal worth billions of euros with the German govern..
News
The path to digital maturity: Embracing digital transformation to reshape your growth strategy
The growth of a Managed Service Provider (MSP) usually follows a distinct pattern. It starts with a modest number of custo..
Digital
Britain’s ITV considers possible deal to buy All3Media
By Amy-Jo Crowley and Paul Sandle LONDON (Reuters) – Britain’s ITV is “actively exploring the possible acquisition&..
News
Europe’s brief window of market outperformance swings shut
LONDON (Reuters) – European equities and the euro look set to lose out to U.S. markets in the months ahead, as a stellar run in ..
Companies
Virgin Galactic plans first commercial space service for June; shares take off
(Reuters) -Virgin Galactic Holdings, the space tourism firm founded by Richard Branson, said on Thursday its long-awaited commercial s..
News
Crypto investors step up risk management after last year’s meltdowns
LONDON (Reuters) – Cryptocurrency investors have grown more cautious about who they do business with, after being burned last ye..
News
Stoltenberg leaves open prospect of staying on as NATO leader
BRUSSELS (Reuters) – NATO chief Jens Stoltenberg on Thursday left open the prospect that his term may be extended as senior offi..
News
Britain’s National Grid expects to meet electricity demand this winter
LONDON (Reuters) -Britain’s National Grid expects to have enough capacity to meet demand for electricity this winter and will ke..
News
Uber to cease food delivery in Italy, exit Israel
AMSTERDAM (Reuters) – Uber said on Thursday it will shut its food delivery business in Italy and exit Israel, where it has not ..
News
UK’s FTSE 100 dips on scope of tighter monetary policy; Informa jumps
(Reuters) -UK’s benchmark FTSE 100 dipped on Thursday, dragged down by miners’ stocks amid prospects of global monetary po..
News
Analysis-Spasms in UK mortgage market spell pain for homeowners, economy
By Andy Bruce and Sinead Cruise LONDON (Reuters) – Bedlam in Britain’s 1.5 trillion-pound ($1.9 trillion) mortgage market..
News
Bain Capital makes $3.2 billion offer for SoftwareOne, board says it’s too low
ZURICH (Reuters) – Bain Capital Private Equity has made an offer for SoftwareOne which values the Swiss software management comp..
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