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Stocks, dollar gain on soft landing hopes

Stocks, dollar gain on soft landing hopes

By Herbert Lash NEW YORK (Reuters) -Global stock markets rallied and the dollar strengthened on Thursday after a slew of data showed a..

UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period

UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period

(Reuters) – UK’s J D Wetherspoon reported a 13.1% rise in like-for-like sales for the 25 weeks to Jan. 22 on Wednesday, as..

Asian stocks make 7-month highs, Australian dollar gains on hot inflation

Asian stocks make 7-month highs, Australian dollar gains on hot inflation

By Anshuman Daga SINGAPORE (Reuters) -Asian equities scaled their highest levels in seven months on Wednesday after some regional mark..

Global economy seen facing a challenging year -Eurochambres

Global economy seen facing a challenging year -Eurochambres

BERLIN (Reuters) – The international business community expects a challenging 2023 marked by geopolitical tensions, high inflati..

Ford to make call on Europe job cuts by mid-Feb as buyers circle German site

Ford to make call on Europe job cuts by mid-Feb as buyers circle German site

By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Ford will decide by mid-February how many jobs to cut in Europe a German u..

Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show

Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show

By Tom Wilson and Angus Berwick LONDON (Reuters) -Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digit..

Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership

Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership

By Elisa Anzolin VENICE, Italy (Reuters) – Italian fashion group Prada is hiring former Luxottica chief Andrea Guerra to smooth ..

Sweden to upgrade Berzelius supercomputer with Nvidia AI systems

Sweden to upgrade Berzelius supercomputer with Nvidia AI systems

STOCKHOLM (Reuters) – Sweden will upgrade its Berzelius supercomputer using Nvidia’s latest artificial intelligence (AI) s..

Bank funding for renewables stagnates vs oil and gas – report

Bank funding for renewables stagnates vs oil and gas – report

LONDON (Reuters) – The share of bank finance going to renewable energy rather than fossil fuels has little changed in six years,..

EU’s planned reforms aim to better protect power bills from market swings

EU’s planned reforms aim to better protect power bills from market swings

By Kate Abnett BRUSSELS (Reuters) – European Union proposals to overhaul its electricity market will attempt to better protect c..

Activist investor Elliott Management takes stake in Salesforce -sources

Activist investor Elliott Management takes stake in Salesforce -sources

x(Reuters) -Activist investor Elliott Management Corp has made a multi-billion dollar investment in cloud-based software firm Salesfor..

Analysis-Frankfurt ‘STIRs’ up euro clearing battle with London

Analysis-Frankfurt ‘STIRs’ up euro clearing battle with London

By Huw Jones LONDON (Reuters) – Frankfurt expands derivatives clearing on Monday in an early test of how well European Union amb..

U.S. dollar advances vs major currencies as risk appetite fades

U.S. dollar advances vs major currencies as risk appetite fades

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose against major currencies on Wednesday in choppy trading, gainin..

Soccer-‘Sabotage’: BBC’s FA Cup coverage interrupted by audio from porn clip

Soccer-‘Sabotage’: BBC’s FA Cup coverage interrupted by audio from porn clip

(Reuters) – The BBC issued an apology on Tuesday after their FA Cup coverage was interrupted by a pornographic audio clip. Audio..

Amazon will not cut jobs in Italy, unions say after meeting

Amazon will not cut jobs in Italy, unions say after meeting

MILAN (Reuters) – Amazon does not plan to cut any jobs in Italy despite a drop in volumes last year, trade unions said on Tuesda..

Netflix set for slowest revenue growth as ad plan struggles to gain traction

Netflix set for slowest revenue growth as ad plan struggles to gain traction

By Eva Mathews (Reuters) – Netflix Inc is expected to report its slowest quarterly revenue growth on Thursday as its ad-supporte..

FTSE 100 snaps four-day winning streak as Britain’s Ocado slumps

FTSE 100 snaps four-day winning streak as Britain’s Ocado slumps

By Johann M Cherian and Shashwat Chauhan (Reuters) -UK’s blue-chip index closed lower on Tuesday, ending a four-day winning stre..

Cloudreach, an Atos company achieves the Control Tower AWS Service Delivery Designation

Cloudreach, an Atos company achieves the Control Tower AWS Service Delivery Designation

Cloudreach, a leading AWS consulting partner,, announced today that it has achieved the Amazon Web Services (AWS) Service Delivery des..

GLOBAL SEARCH FOR PROJECTS TO PROTECT COASTAL COMMUNITIES FROM CLIMATE CHANGE

GLOBAL SEARCH FOR PROJECTS TO PROTECT COASTAL COMMUNITIES FROM CLIMATE CHANGE

    Ocean Resilience Innovation Challenge backed by the Swiss Re Foundation and the US Department of State Selected projects whi..

ECB can cut carbon footprint by shedding bonds of biggest polluters

ECB can cut carbon footprint by shedding bonds of biggest polluters

By Virginia Furness and Francesco Canepa LONDON (Reuters) -The European Central Bank could radically cut the carbon footprint of its c..

Explainer-Why Malaysia is considering a ban on palm oil exports to the European Union

Explainer-Why Malaysia is considering a ban on palm oil exports to the European Union

By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia, the world’s second-largest palm oil producer, on Thursday said it might ..

EDPR brings Iberia’s first wind-solar power plant on-stream

EDPR brings Iberia’s first wind-solar power plant on-stream

By Sergio Goncalves and Miguel Pereira LISBON (Reuters) – EDP Renovaveis, the world’s fourth-largest renewable power produ..

King Charles, Prince William make first appearances since Harry’s memoir

King Charles, Prince William make first appearances since Harry’s memoir

By Michael Holden ABOYNE, Scotland (Reuters) -Britain’s King Charles and Prince William made their first public appearances on T..

Ericsson’s provision for U.S. probe hints of smaller fine, shares jump

Ericsson’s provision for U.S. probe hints of smaller fine, shares jump

STOCKHOLM (Reuters) – Ericsson said on Thursday it would book a 2.3 billion Swedish crown ($220 million) provision for an expect..

German home solar power firm sees bright future as demand soars

German home solar power firm sees bright future as demand soars

By Vera Eckert and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Soaring demand for home solar power systems in Germany could..

German chancellor meets auto, battery bosses in ‘mobility’ summit

German chancellor meets auto, battery bosses in ‘mobility’ summit

By Victoria Waldersee and Andreas Rinke BERLIN (Reuters) – German carmakers, Tesla, chip producers and battery maker Northvolt m..

Mercedes-Benz sells 2.05 million passenger cars in 2022

Mercedes-Benz sells 2.05 million passenger cars in 2022

BERLIN (Reuters) -Mercedes-Benz delivered 2.05 million passenger cars in 2022, the company said on Tuesday, down 1% on the previous ye..

UK’s Morgan Advanced Materials reports cyber security incident on its network

UK’s Morgan Advanced Materials reports cyber security incident on its network

(Reuters) – British industrial firm Morgan Advanced Materials Plc said on Tuesday it was assessing a cyber security incident aft..

Cryptoverse: Bitcoin digs in for a bumpy new year

Cryptoverse: Bitcoin digs in for a bumpy new year

By Lisa Pauline Mattackal (Reuters) – Bitcoin’s looking steady in 2023. But it’s only been a week. Cryptocurrencies ..

Taiwan calls on Germany to help maintain ‘regional order’

Taiwan calls on Germany to help maintain ‘regional order’

TAIPEI (Reuters) – Taiwan President Tsai Ing-wen called on Germany on Tuesday to help maintain “regional order” duri..

French PM to unveil pension reform in big test for Macron

French PM to unveil pension reform in big test for Macron

By Caroline Pailliez and Leigh Thomas PARIS (Reuters) – French Prime Minister Elisabeth Borne on Tuesday will unveil the details..

Bentley cruises to record sales in 2022 despite China drop

Bentley cruises to record sales in 2022 despite China drop

By Nick Carey LONDON (Reuters) – British luxury carmaker Bentley on Tuesday reported record vehicle sales for 2022, with strong ..

UK becoming less attractive for investment, manufacturers warn

UK becoming less attractive for investment, manufacturers warn

By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result of soa..

Global stocks close in on 4-week highs, oil rises on hopes of ‘soft landing’

Global stocks close in on 4-week highs, oil rises on hopes of ‘soft landing’

By David Randall NEW YORK (Reuters) -World stocks rallied on Monday to their highest levels since mid-December after China reopened it..

Fineco CEO expects fixed income demand to help managed assets

Fineco CEO expects fixed income demand to help managed assets

By Valentina Za MILAN (Reuters) – Italy’s FinecoBank is seeing strong demand for fixed income products as rates rise, whic..

Don’t get lost in public cloud promises

Don’t get lost in public cloud promises

By Robin Ferris, Solutions Architect at Pulsant When it comes to cloud computing and the migration of services to the pub..

Around 40% of German companies expect output decline in 2023 – IW institute

Around 40% of German companies expect output decline in 2023 – IW institute

BERLIN (Reuters) – Four out of ten German companies expect business to shrink in 2023, a survey by the German Economic Institute..