Major central banks renew rate hike push in May
LONDON (Reuters) – The pace of interest rate hikes across major central banks showed little sign of slowing in May but the scale..
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Dr Martens tripped up by tough U.S. market
(Reuters) -Dr Martens shares dropped more than 10% on Thursday after the British bootmaker warned investments would hit profit margins..
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Dollar rises as U.S. debt bill passes House, euro slides ahead of inflation
By Rae Wee and Joice Alves SINGAPORE/LONDON (Reuters) – The dollar rose on Thursday after a vote of approval from the U.S. Hous..
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New global renewables capacity additions to rise by a third this year – IEA
LONDON (Reuters) – Global additions of renewable power capacity are expected to rise by a third this year, the International Ene..
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BRICS ministers meet in push to establish group as counterweight to West
By Wendell Roelf CAPE TOWN (Reuters) – Foreign ministers from the BRICS countries are meeting in South Africa from Thursday as ..
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Oil rises on potential U.S. rate hike pause, debt bill passing
BEIJING (Reuters) -Oil prices rose on Thursday, reversing earlier losses, as a potential pause in U.S. interest rate hikes and the deb..
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Liberty Global and Warner Bros Discovery owners weigh deal for All3Media -sources
By Amy-Jo Crowley LONDON (Reuters) – The owners of All3Media, Britain’s largest independent TV production company, are ex..
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Will AI replace the role of Financial Advisory?
In the 90’s when an Artificial Intelligence (AI) machine beat a chess world champion for the first time, it was an i..
Finance
EU plans for company human rights, environment checks face new hurdle
By Huw Jones LONDON (Reuters) – Lawmakers in the European Parliament sought on Wednesday to water down groundbreaking European ..
Business
UK has bigger inflation problem than US or euro zone – BoE’s Mann
LONDON (Reuters) – Britain has a bigger inflation problem than the United States or the euro zone, with both large headline pric..
Finance
B&M sees higher profit as Britons hunt for bargains
By Prerna Bedi and Yadarisa Shabong (Reuters) – British discount retailer B&M on Wednesday forecast higher core earnings fo..
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Factbox-Companies invest in EV battery factories in Europe
(Reuters) – Europe is seeking to lure electric vehicle (EV) battery makers to build factories in the region as the bloc –..
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Harry Potter publisher Bloomsbury’s annual profit rises as readers lap up novels
(Reuters) -Bloomsbury Publishing posted a rise in full-year profit on Wednesday, helping the Harry Potter publisher propose a 10% hik..
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Exclusive-Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources
HONG KONG/SHANGHAI (Reuters) -Credit Suisse has scrapped plans to set up a locally incorporated bank in China to sidestep a potential ..
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Private astronaut crew, including first Arab woman in orbit, returns from space station
By Steve Gorman (Reuters) -An all-private astronaut team of two Americans and two Saudis, including the first Arab woman sent into or..
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Top AI CEOs, experts raise ‘risk of extinction’ from AI
STOCKHOLM/LONDON (Reuters) – Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on Tuesday joined exper..
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Mexico’s FEMSA launches second 3 billion euro sale of Heineken shares
MEXICO CITY (Reuters) – Mexican bottler FEMSA on Tuesday offered 3.3 billion euros ($3.63 billion) worth of its shares in Heinek..
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The Federal Government’s budget allocation for AML practices is a positive start
By Milan Cooper, CEO of anti money laundering technology company First AML. Money laundering and financial crime have b..
Business
The evolving role of ChatGPT and content creation
In an ever-changing digital landscape, businesses are constantly seeking ways to streamline the process of content creatio..
Digital
The ChatGPT security conundrum: How the benefits can nullify the threats
By Edy Almer, Product Manager for Threat Detection and Incident Response, Logpoint OpenAI’s creation, ChatGPT, has been named ..
Digital
Digital is king: how to piggyback the power of external hosting platforms
By Matthew Smith, Sales Manager at Grosvenor Systems With new Government data reporting 1 in 3 businesses faced cyberat..
Digital
Flexing the cloud to combat economic anxiety
By Sameena Hassam, Chief Executive Officer, Capacitas The picture of the current economy is a mixed one. While st..
Digital
Security with ChatGPT: What happens when AI meets your API?
It only takes one API vulnerability for an attacker to access critical information — are we ready to cede that responsibility to AI ju..
Digital
Modern Positioning Technology Empowers Classic Culture
By Felicia Qian, Blueiot Technology Museums are expected to provide artistic and enjoyable tour experience for their visitors. On the ..
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Nestle hires LSEG’s Anna Manz as CFO
LONDON/BERLIN (Reuters) – Nestle, the world’s biggest packaged food company, said on Tuesday it had hired the London Stock..
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Unilever CFO Pitkethly to leave company by May 2024
By Richa Naidu and Eva Mathews (Reuters) – Unilever Plc said on Tuesday Chief Financial Officer Graeme Pitkethly would leave th..
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UK’s Asda to buy EG petrol stations unit in $2.9-billion deal
LONDON (Reuters) -British supermarket Asda said it would buy the bulk of petrol station operator EG Group’s UK and Ireland busin..
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Toyota, Daimler in deal to combine Japan truck operations
TOKYO (Reuters) -Daimler Truck Holding AG and Toyota Motor Corp said on Tuesday they had entered a non-binding agreement to combine th..
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Switzerland’s Social Democrats propose shrinking UBS – Aargauer Zeitung
ZURICH (Reuters) – Switzerland’s Social Democratic Party has drawn up a proposal to shrink UBS assets after its takeover o..
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PwC Australia clients, staff in focus as tax leak faces government hearings
SYDNEY (Reuters) – Australian senators will use parliamentary hearings this week to demand accounting firm PricewaterhouseCooper..
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UK shop price inflation strikes new record high: BRC
By Andy Bruce LONDON (Reuters) – British shop price inflation picked up this month to reach its highest rate since industry rec..
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Tennis-‘Kosovo is the heart of Serbia’, Djokovic writes at French Open
PARIS (Reuters) – Serbian world number three Novak Djokovic risked stirring up a political controversy at the French Open on Mon..
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Italy’s Industry Ministry reports ‘heavy’ cyberattack
MILAN (Reuters) – The Italian Industry Ministry’s web portal and applications were hit by a “heavy cyberattack̶..
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Engie, Amazon inaugurate Italy’s biggest agrivoltaic farm
MILAN (Reuters) – France’s Engie and Amazon on Friday cut the ribbon of Italy’s biggest agrivoltaic farm with the ai..
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Insurers flee climate alliance after ESG backlash in the U.S
By Tommy Wilkes, Alexander Hübner and Tom Sims LONDON/FRANKFURT (Reuters) -A United Nations-convened climate alliance for insurers su..
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Failed moon landing caused by altitude miscalculation, Japan startup says
TOKYO (Reuters) – Japanese startup ispace inc’s failed Hakuto-R moon landing mission last month was caused by an altitude..
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Dollar set for third week of gains as US debt talks loom large
LONDON (Reuters) – The dollar eased on Friday but stayed on track for a third straight weekly gain, as markets raised bets on hi..
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