Finance

Bank of England officials split over future path for rates

Bank of England officials split over future path for rates

By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England policymakers disagreed on Thursday about where interest rates need ..

First Abu Dhabi Bank could renew $35 billion offer for StanChart -Bloomberg News

First Abu Dhabi Bank could renew $35 billion offer for StanChart -Bloomberg News

By Lawrence White LONDON (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, could renew a p..

Italy inflation-adjusted retail sales fell in 2022

Italy inflation-adjusted retail sales fell in 2022

ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with cons..

Tax trends: Why technology-led co-sourcing will build momentum in 2023

Tax trends: Why technology-led co-sourcing will build momentum in 2023

By Russell Gammon, Chief Solutions Officer at Tax Systems In recent years, technology has played an important role in driv..

Challenges lie ahead: three things to watch with web data collection in 2023

Challenges lie ahead: three things to watch with web data collection in 2023

By Erez Naveh, SVP of Product at Bright Data Increasing price pressures amidst global economic uncertainty are making this..

Global shares slide, dollar gains as rates rise on strong data

Global shares slide, dollar gains as rates rise on strong data

By Herbert Lash and Amanda Cooper WASHINGTON (Reuters) – Global equity markets slid and the dollar firmed on Monday after data s..

Swiss to vote on preventing cashless society, pressure group says

Swiss to vote on preventing cashless society, pressure group says

(Reuters) – Swiss citizens will get the chance to try to ensure their economy never becomes cashless, a pressure group said, aft..

Central banks hike rates again, but a pause is coming

Central banks hike rates again, but a pause is coming

LONDON (Reuters) – Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns...

Dollar falls to nine-month low as Powell notes progress in disinflation

Dollar falls to nine-month low as Powell notes progress in disinflation

By Karen Brettell NEW YORK (Reuters) – The dollar extended losses on Wednesday and fell to a nine-month low against a basket of ..

UK shop price inflation hits record 8% in January: BRC

UK shop price inflation hits record 8% in January: BRC

By David Milliken LONDON (Reuters) – Prices in British shops in January were 8.0% higher than a year before, the biggest annual ..

You’ve got to shape up: 3 steps for fintechs to navigate the recession

You’ve got to shape up: 3 steps for fintechs to navigate the recession

By Anna Oleksiuk, Fintech Practice Leader, Intellias Having already experienced three major crises in the last two decades..

It in 2023: why market volatility will be a forcing function to finally take down bloatware

It in 2023: why market volatility will be a forcing function to finally take down bloatware

By Prasad Ramakrishnan, SVP of IT and CIO at Freshworks. From economic slowdowns, the looming threat of a global recession..

Stocks, dollar gain on resilient U.S. economy

Stocks, dollar gain on resilient U.S. economy

By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – A gauge of global stock performance rose and the dollar strengthened o..

Bank of England set to hike to 4% as rate peak looms

Bank of England set to hike to 4% as rate peak looms

By David Milliken LONDON (Reuters) – The Bank of England looks on course to raise its main interest rate by half a percentage po..

UK income inequality widens after pandemic dip

UK income inequality widens after pandemic dip

By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021/22 financial year after a d..

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

By Hari Kishan BENGALURU (Reuters) – Global economic growth is forecast to barely clear 2% this year, according to a Reuters pol..

Cryptoverse: Bitcoin investors take control

Cryptoverse: Bitcoin investors take control

(Corrects paragraph 8 to show big investors were responsible for about 68% of the flows) By Lisa Pauline Mattackal and Medha Singh (Re..

What will happen in Fintech in 2023?

What will happen in Fintech in 2023?

By Rohini Gupta, founder of FinregE,  As we move further into 2023 and gather momentum for the months ahead, the pace of ..

Digital euro will be free but limited in scope, ECB says

Digital euro will be free but limited in scope, ECB says

FRANKFURT (Reuters) – The digital version of the euro currency will be free to use and available to all but the European Central..

Analysis-Bond traders get their swagger back in rate-obsessed markets

Analysis-Bond traders get their swagger back in rate-obsessed markets

By Lananh Nguyen NEW YORK (Reuters) – Bond traders are stars again on Wall Street. Fixed income, currencies and commodities (FIC..

Global stocks advance ahead of U.S. inflation data

Global stocks advance ahead of U.S. inflation data

By Sinéad Carew and Huw Jones NEW YORK/LONDON (Reuters) – Wall Street equities followed Europe’s higher on Wednesday as in..

Inflation fighting central bankers air climate role doubts

Inflation fighting central bankers air climate role doubts

By Francesco Canepa and Lindsay Dunsmuir STOCKHOLM (Reuters) -Some of the world’s top central bankers aired concerns about being..

World Bank warns global economy could easily tip into recession in 2023

World Bank warns global economy could easily tip into recession in 2023

By David Lawder WASHINGTON (Reuters) – The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the br..

Analysis-Central Europe’s path to lower inflation strewn with hazards

Analysis-Central Europe’s path to lower inflation strewn with hazards

By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s 25 basis point rate hike on Tuesday may signal an end to..

Sterling hits 2 1/2 week high, eyes on BoE

Sterling hits 2 1/2 week high, eyes on BoE

By Samuel Indyk LONDON (Reuters) – The British pound hit a two-and-a-half-week high against a broadly weak dollar on Monday ahea..

Big fall in euro zone inflation offers little help for ECB

Big fall in euro zone inflation offers little help for ECB

By Balazs Koranyi and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) -Euro zone inflation tumbled last month but underlying price press..

Euro zone economy sentiment rises in Dec, first time since start of Ukraine war

Euro zone economy sentiment rises in Dec, first time since start of Ukraine war

BRUSSELS (Reuters) – Euro zone economic sentiment improved in December for the first time since the start of the war in Ukraine,..

Green bonds are set to drive corporate ESG debt out of slump in 2023 -Barclays

Green bonds are set to drive corporate ESG debt out of slump in 2023 -Barclays

By Isla Binnie NEW YORK (Reuters) – Global sales of corporate bonds with environmental, social and governance (ESG) targets will..

Stocks fall, Treasury yields rise upon final 2022 trading day

Stocks fall, Treasury yields rise upon final 2022 trading day

By Sinéad Carew and Carolyn Cohn NEW YORK, LONDON (Reuters) – Wall Street equity indexes lost ground on Friday, the last tradi..

Weary Wall Street cheers improved consumer confidence

Weary Wall Street cheers improved consumer confidence

By Lawrence Delevingne and Amanda Cooper (Reuters) -Global stock markets rose on Wednesday, as U.S. consumer confidence rebounded in D..

Accounting and accountants can save the world

Accounting and accountants can save the world

    Nature Needs to be on the Balance Sheet if we are to Reverse Biodiversity and Climate Crisis Research paper calls for Nature ..

FSC reinvests in Spanish consumer finance specialist Ufasa

FSC reinvests in Spanish consumer finance specialist Ufasa

    – European financial services specialist signs capital increase to drive further growth – FSC Partner Martin Rauchenwald..

Stocks, dollar little changed as inflation data sends mixed signals

Stocks, dollar little changed as inflation data sends mixed signals

By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) – The dollar and Wall Street stocks traded little changed on Friday a..

UK200Group Corporate Finance – 2022 M&A deal volumes flatline but average deal size decreases £800,000

UK200Group Corporate Finance – 2022 M&A deal volumes flatline but average deal size decreases £800,000

  M&A deal size has fallen in the last 12 months from £7.1 million to £6.3 million. Deal volumes have remained broadly the s..

FICO Survey: UK Consumers Will Choose Banks Based on Fraud Protection

FICO Survey: UK Consumers Will Choose Banks Based on Fraud Protection

  FICO’s latest survey into fraud and identity verification shows consumers rank fraud protection as number one consideration whe..

DeathStalker targeting British legal, financial and travel entities with new Janicab variant, Kaspersky intelligence found

DeathStalker targeting British legal, financial and travel entities with new Janicab variant, Kaspersky intelligence found

    LONDON, 7th December 2022 – Kaspersky experts have identified new functionalities within the Janicab malware, which is being ..

Majority of UK marketers are tackling 2023 budget challenges head on through increased creativity and risk taking

Majority of UK marketers are tackling 2023 budget challenges head on through increased creativity and risk taking

      91% of marketers believe that it is important to invest more in marketing during a recession 7th December 2022, London..