Dollar gains after Fitch watch heightens debt ceiling jitters
TOKYO (Reuters) – The dollar pushed to a two-month peak against a basket of its peers on Thursday as worries mounted about a dis..
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Enel suspends Colombia wind farm construction after years of protests
BOGOTA (Reuters) – The Colombian unit of Italy’s biggest utility, Enel, indefinitely suspended the construction of a wind..
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UK car output up 9.9% y-o-y in April as supply chain issues ease
(Reuters) – The number of cars made in Britain rose by 9.9% year-over-year in April as easing supply chain snarls helped boost p..
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What impact will ChatGPT and other AI models have on recruitment in technology in the coming years?
Since the emergence of ChatGPT in late 2022, and the numerous other models that have cropped up in the ensuing months, we’..
Digital
Occupancy monitoring: The future of the productive and sustainable workspace
By Bengt Lundberg, the CEO of Disruptive Technologies. The last couple of years have witnessed a significant change in the business l..
Business
Supercharging Additive Manufacturing with Software
By Doug Kenik, Director of software manufacturing, Markforged Doug Kenik As the additive manufacturing industry matures, the pace of soft..
Featured
BoE’s Bailey says ‘big lessons’ to be learned from UK inflation surge
By William Schomberg and Andy Bruce LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday the British central bank..
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Watchdog proposes first set of global rules for crypto sector
By Huw Jones LONDON (Reuters) -International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cr..
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Denmark to boost healthcare with an extra $739 million per year
COPENHAGEN (Reuters) -Denmark will use stronger-than-expected economic growth to boost its healthcare system with an extra 5 billion D..
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Germany’s Lufthansa orders four Airbus planes
(Reuters) – German flagship carrier Lufthansa signed a contract to purchase four additional Airbus A350-900 long-haul planes, th..
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Drahi boosts stake in BT to 24.5%, will not make an offer
LONDON (Reuters) -Billionaire Patrick Drahi has increased his stake in BT to 24.5% but reiterated that he does not plan a full takeove..
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High inflation helps to swell UK budget deficit in April
LONDON (Reuters) -Britain borrowed more than expected in April as high inflation pushed the government’s debt interest bill to a..
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Services drive acceleration in German business activity in May -flash PMI
BERLIN (Reuters) – German business activity expanded for a fourth month running in May, driven exclusively by a services sector ..
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UK meat producer Cranswick’s full-year profit rises on strong demand
(Reuters) -Cranswick Plc on Tuesday reported a rise in full-year profit, as the British meat producer saw strong demand for gourmet me..
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Euro 7 emissions standard to cost many times EC forecasts -industry group
By Nick Carey LONDON (Reuters) – Proposed Euro 7 emissions regulations will lead to direct costs for auto manufacturers that ar..
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Julius Baer reports modest money inflows after slow start to 2023
ZURICH (Reuters) -Julius Baer reported on Tuesday a modest rise in assets under management and money inflows in the first four months ..
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Dollar gains against yen as Fed policy, debt ceiling in focus
By Karen Brettell NEW YORK (Reuters) – The dollar rose against the Japanese yen on Monday, holding just below a six-month hig..
Finance
Concern over US default risk grips global markets as talks resume
By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Unease over how U.S. debt ceiling negotiations will pan out gripped g..
Finance
Meta fined $1.3 billion over data transfers to US – WSJ
(Reuters) – Facebook owner Meta Platforms Inc has been fined $1.3 billion by European Union privacy regulators for sending user ..
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Britain chips away at NatWest stake with $1.6 billion share sale
By Iain Withers and Amy-Jo Crowley LONDON (Reuters) -British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 bil..
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Explainer-How Wall Street is preparing for possible US debt default
NEW YORK/WASHINGTON (Reuters) – As talks over raising the U.S. government’s $31.4 trillion debt ceiling go down to the wir..
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Markets edgy as US debt ceiling talks near crunch time
SYDNEY (Reuters) – Asian stocks and Wall Street futures struggled on Monday as U.S. debt ceiling negotiations approached crunch ..
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Oil slips as U.S. debt caution offset supply concerns
SINGAPORE (Reuters) -Oil prices slipped on Monday as caution around the U.S. debt ceiling talks and concerns about demand recovery in ..
News
Dollar weakens after gains all week; debt deal hopes boost market sentiment
LONDON/NEW YORK (Reuters) – The dollar fell on Friday after posting gains for most of the week, as optimism over a breakthrough ..
Finance
Wall Street gains, Treasury yields rise as debt ceiling talks progress
NEW YORK (Reuters) – U.S. stocks were tentatively higher on Friday and benchmark Treasury yields extended their upward trajector..
Investment
Energy costs for most British households to fall 18% from July -Cornwall Insight
LONDON (Reuters) – Energy costs for most British households are expected to fall around 18% from July with regulator Ofgem poise..
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ECB needs to keep interest rates ‘sustainably high’ to combat inflation – Lagarde
By Jesús Aguado MADRID (Reuters) – The European Central Bank needs to keep interest rates high to curb inflation in the medium ..
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Oil rebounds on fading risk of U.S. debt default
By Noah Browning LONDON (Reuters) -Oil prices rebounded on Friday from losses of more than 1% the previous day as investors turned ca..
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Siemens Energy close to selling stake in Windar Renovables – source
(Reuters) – Siemens Energy is close to striking a deal to sell Siemens Gamesa’s 32% stake in Windar Renovables, a source c..
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Stocks reach one-month high on U.S. debt ceiling hopes
LONDON, SINGAPORE (Reuters) -Global shares rose to a one-month high and the dollar trounced major currencies on Friday as markets refl..
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Allianz Trade Secures Seventh Consecutive Win as Best Trade Credit Insurance Company Asia Pacific at the 2023 Global Banking & Finance Awards®
Allianz Trade cements its leadership in Trade Credit Insurance, clinching top honors at the Global Banking & Finance Awards® 2023..
Excellence
UK’s Nationwide to pay 340 million pounds to customers after profit leap
LONDON (Reuters) -British lender Nationwide will pay its customers 340 million pounds ($429 million) through payments to their current..
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Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high
By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Japan’s core consumer inflation stayed well above the central bank’s 2..
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Why optimising infrastructure costs should be a top priority for the whole C-suite
By Terry Storrar, Managing Director, Leaseweb UK With inflation and energy prices still at unprecedented levels around th..
Business
Wall Street gains, dollar climbs on solid data, debt ceiling progress
By Stephen Culp NEW YORK (Reuters) -Wall Street turned higher and the dollar reached a seven-week peak on Thursday as discount retail..
Finance
Ripple buys crypto custody firm Metaco for $250 million
(This May 17 story has been corrected to clarify that the token is called XRP, not Ripple, in paragraph 9) By Elizabeth Howcroft LOND..
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Burberry shares drop as weak US demand overshadows China rebound
LONDON (Reuters) -British luxury fashion brand Burberry on Thursday reported stronger-than-expected fourth quarter sales driven by a r..
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