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
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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..
News
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..
News
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 ..
News
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 &#..
News
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..
News
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..
News
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..
News
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..
News
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 ..
News
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