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
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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..
News
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 ..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
Aston Martin stock soars after $295 million on Geely investment
(Reuters) -Aston Martin’s stock popped nearly 22% on Thursday, after the luxury carmaker announced a 234 million pound investmen..
News
Japanese businesses pledge UK investment ahead of Sunak meeting
LONDON (Reuters) – Japanese businesses have committed to invest almost 18 billion pounds ($23 billion) in Britain ahead of a mee..
News
Australia’s push for faster EV uptake will be slow to charge
(This May 17 story has been corrected to say the rollout of chargers started small due to grid issues, not scaled back due to grid iss..
News
Credit Suisse bond wipe-out will not trigger credit insurance payout
LONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates o..
News
Southern Europe braces for climate change-fuelled summer of drought
By Kate Abnett BRUSSELS (Reuters) -Southern Europe is bracing for a summer of ferocious drought, with some regions already suffering ..
News
UK has held productive discussions with EU over car tariffs – minister
UK has held productive discussions with EU over car tariffs – minister LONDON (Reuters) – Britain has had productive discu..
News
Mitchells & Butlers pub group says costs start to ease
By Radhika Anilkumar (Reuters) -British pub and restaurant group Mitchells & Butlers PLC reported a fall in half-year profits on ..
News
Low unemployment amongst young driving demand, says JD Sports boss
LONDON (Reuters) – Historically low unemployment for the young is driving demand for JD Sports Fashion’s trainers, jogger..
News
European shares weighed by US debt ceiling concerns, slide in financials
(Reuters) – European shares slipped on Wednesday as concerns about whether the United States can avoid a debt default, as well a..
News
Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount
(Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters sold 33 million shares in the London Stock..
News
Experian sees annual revenue growth on steady demand
(Reuters) – British credit data firm Experian Plc said on Wednesday it expects its annual organic revenue to grow between 4% an..
News
Analysis-Southern Europe braces for climate change-fuelled summer of drought
BRUSSELS (Reuters) – Southern Europe is bracing for a summer of ferocious drought, with some regions already suffering water sho..
News
Embracing immersive technologies will be a key determinant of success within the heritage space
Over the last decade, there has been a shift in audience expectations of heritage spaces and how people can engage more ac..
Digital
The New Era of Networking: Maximising Your Connections with the Latest Tech Innovations
By Mark and Michelle Sheville, co-founders of the world’s first digital two-way business card One Card Networking ..
Digital
The top cloud computer trends of 2022
As we look back at 2022, we can reflect on a year which saw businesses across the globe implement structures to accommodat..
Digital
Midyear review: Increasing regulation, lessons from Web 2.0 and changing attitudes towards DLT
Dominic von Trotha Taylor By Dominic von Trotha Taylor, Chief Executive Officer, iov42 As we move into the second ..
Digital
To what extent is ChatGPT going to revolutionise customer service?
Three months after its launch, ChatGPT by OpenAI has reached over 100 million monthly users, becoming the fastest-growing ..
Business
Are we entering the age of the AI technician?
By Scott Ewart, Senior Product Manager at ServiceMax. Four Ways ChatGPT Will Reshape Equipment Service and Maintenance Deliver..
Digital
The next chapter in the democratisation of AI
In 2011 IBM Watson won Jeopardy, the US quiz show, where it was victorious against seasoned human champions. That day mar..
Digital
How ChatGPT will transform customer service
By Jennifer Lee, Chief Operating Officer – Intradiem The advent of ChatGPT seems to represent a quantum leap in th..
Business
Things creatives need to know about generative AI
By James Addlestone, Chief Strategy Officer at performance brand Journey Further Generative AI certainly promises ..
Digital
German economic growth to remain muted in near term – IMF
BERLIN (Reuters) -The German economy has shown resilience over the last year thanks to a strong policy response and a mild winter, bu..
Finance
EU raw material targets need money and faster permits, sector chief says
BRUSSELS (Reuters) – The European Union will only meet ambitious targets to reduce its reliance on China and other countries for..
News