Norway wealth fund CEO denies pay discrimination in case by female employee
OSLO (Reuters) – The chief executive of Norway’s $1.4 trillion sovereign wealth fund, Nicolai Tangen, on Tuesday denied ac..
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Soft lending and inflation data pave way for smaller ECB hike
FRANKFURT (Reuters) -Euro zone banks are turning off the credit taps and a key gauge of inflation is finally falling, data showed on T..
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Italian hearing aid maker Amplifon expects higher 2023 earnings
(Reuters) – Italian hearing aid maker Amplifon said on Tuesday it expects core profits to continue growing in 2023 thanks to ope..
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DSM misses Q1 forecasts due to weak volumes and high costs
(Corrects company description in 5th paragraph) (Reuters) – Dutch specialty chemicals maker DSM’s first-quarter profit an..
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Geberit reports Q1 beat despite end of bathroom renovation boom
(Reuters) -Swiss plumbing supplies maker Geberit on Tuesday reported higher than expected operating cashflow in the first quarter, des..
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Marketmind: RBA shock hike starts huge week for central banks
A look at the day ahead in European and global markets from Asia markets correspondent Kevin Buckland. The Reserve Bank of Australia k..
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Logitech Q4 sales plunge 22% as economic downturn worries weigh
(Reuters) – Logitech International posted a 22% drop in fourth-quarter sales on Tuesday, as growing worries of an economic down..
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Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO
SYDNEY (Reuters) – Australia’s flagship carrier, Qantas Airways Ltd, on Tuesday named its finance chief Vanessa Hudson to ..
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UK retailers report record food inflation but see falls ahead
By David Milliken LONDON (Reuters) – Food prices at British supermarkets rose 15.7% in the year to April, the biggest annual in..
News
Your 7-Step Network Communications Disaster Preparedness Checklist
To preserve connectivity and continuity during hurricane season and otherwise, make sure your organization has these items..
Business
Managing IT-Related Risk: A 6-step framework for preventing business disruption
By Gary Lynam, Head of ERM Advisory at Protecht The phrase ‘cyber risk’ can mean many things to many people and there is..
Business
The future of work dichotomy in a digital world
Any business leader hoping to return to ‘traditional’ ways of working is on a fast-track to failure. That horse ha..
Digital
Collaborative robots and their place in the future of the ‘Smart Hotel’
In recent years, the hospitality industry has been rapidly evolving and embracing new technologies to improve not only t..
Innovation
Q&A with Infosys Knowledge Institutes VP, Jeff Kavanaugh on The tech driving successful leadership in 2023
What are the key takeaways from the Digital Radar report? The Infosys Knowledge Institute surveyed 2,700 executives in fi..
Business
Consumer custodians are the future of data
By J Cromack, Chief Growth Officer at Edit The current data exchange model between organisations and consumers isn..
Business
Forget Silicon Valley – Poland is Europe’s emerging tech epicentre
By Bartosz Majewski, Founding Member and President at SoDA From London to Los Angeles, Beijing to Bangalore, there are a ..
Investment
Historic Stone of Scone moved to London for King Charles’ coronation
LONDON (Reuters) – The historic Stone of Scone, the ancient coronation stone upon which monarchs in Britain have been crowned fo..
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Innovative EV Charging Hub Introduces Unique Bluewater Rainwater Harvesting and Purification Tech, Giving Drivers the Purest Drinking Water Without Single-Use Plastics
In a world-first, Bluewater, a global leader in innovating healthy and sustainable water purification and beverage solutions for home,..
Companies
Bosch buys US semiconductor foundry to expand EV chip output
By Joseph White and Stephen Nellis DETROIT (Reuters) – Germany’s Bosch Group has agreed to buy key assets of California c..
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Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business
STOCKHOLM (Reuters) – Hygiene products group Essity said on Wednesday it has initiated a strategic review of its stake in China..
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Markets mixed as tech boosts US stock futures, Europe dips
By Naomi Rovnick LONDON (Reuters) – Global stock markets were mixed on Wednesday as recession fears and banking sector strain w..
News
Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts
(Reuters) -Finnish elevator maker Kone raised its 2023 sales outlook on Wednesday after its first-quarter profit beat market expectat..
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Companies’ cost inflation is slowing but shoppers may wait for lower prices
LONDON/PARIS (Reuters) -The world’s top consumer goods companies, making everything from instant noodles to soap and ice cream, ..
News
Tech CEOs wax poetic on AI, big adds to sales will take time
By Noel Randewich and Akash Sriram (Reuters) -Microsoft Corp and Google-parent Alphabet Inc talked up investments in artificial intel..
News
Sacyr shortlists four bidders for its service, waste management unit – Expansion
MADRID (Reuters) – Spanish conglomerate Sacyr has shortlisted four firms as potential buyers of its service and waste management..
News
Startup e-commerce platform Temu expands to Europe
By Casey Hall SHANGHAI (Reuters) – Ultra low-cost e-commerce platform Temu, owned by PDD Holdings has started selling to Europe..
News
Beiersdorf benefits from bump in Nivea sales
(Reuters) -Beiersdorf’s Nivea brand recorded 18% sales growth in the first quarter of 2023 thanks to price hikes, the German fir..
News
Puma expects Q2 sales growth below full-year target
(Reuters) – German sportswear maker Puma on Wednesday said it expected second-quarter sales to grow at a low- to mid-single-dig..
News
Creating digital workplaces with IT, AI and IoT
Due to the many advances and new developments in technology, the way in which businesses are communicating is changing. Technology hol..
Digital
The trajectory of banking – How the different generations are driving the changes in banking
By Philipp Buschmann, CEO and Co-founder of AAZZUR We are living in very exciting times, the huge advancements in techno..
Finance
AI Decision solutions rely on clean and trusted data
In the face of global, economic and political instability businesses leaders are under pressure to make fast, data-backed and actionab..
Digital
How Bing’s integration of ChatGPT can revolutionise advertising
By Matt Hallett, Head of Product Solutions, Amperity Microsoft created quite the buzz in the ad tech industry rec..
Digital
Mercedes-Benz launches E-Class, its last new combustion engine model
BERLIN (Reuters) – Mercedes-Benz on Tuesday launched its last new combustion engine model – the next generation of the E-C..
News
Spotify’s monthly active users top 500 million, beat estimate
STOCKHOLM (Reuters) -Spotify Technology SA has crossed the half billion mark for monthly active users for the first time, helped by th..
News
Kremlin remains downbeat on state of Black Sea grain deal
(Reuters) – The Kremlin reaffirmed its position on Tuesday that the Black Sea grain deal is not working for Moscow, a day after..
News
BoE’s Broadbent says QE not to blame for surge in inflation
LONDON (Reuters) -Bank of England (BoE) Deputy Governor Ben Broadbent said central banks should not ignore measures of money supply b..
News
Anglo American’s first-quarter copper output rises 28%
LONDON (Reuters) -Anglo American’s overall first-quarter production rose 9% from a year earlier, helped by a 28% jump in copper ..
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