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Polish fashion retailer LPP’s Q3 profit misses forecasts as labour costs rise

Polish fashion retailer LPP’s Q3 profit misses forecasts as labour costs rise

By Marta Maciag (Reuters) -Poland’s biggest fashion retailer LPP on Thursday reported third-quarter profit that missed analysts&..

Upper Crust owner SSP plans for Indian IPO of Travel Food Services

Upper Crust owner SSP plans for Indian IPO of Travel Food Services

(Reuters) -Upper Crust owner SSP Group said on Tuesday that it is planning an initial public offering in India of airport lounge opera..

French central bank sees growth flatlining in fourth quarter

French central bank sees growth flatlining in fourth quarter

PARIS (Reuters) –     French economic growth is set to stall in the last three months of the year but not retreat as some busine..

Vodafone franchisees in Britain file legal claim against telecom group

Vodafone franchisees in Britain file legal claim against telecom group

LONDON (Reuters) –     A group of current and former Vodafone franchisees in the UK filed a legal claim against the company on T..

FBS Explores the Rise of Altcoins in 2024 Cryptocurrency Markets

FBS Explores the Rise of Altcoins in 2024 Cryptocurrency Markets

Singapore, Singapore, December 10th, 2024, FinanceWire FBS, a leading global broker, highlights the resurgence of alt-season, a phase ..

The role of corporate digital identity in preventing financial crime

The role of corporate digital identity in preventing financial crime

Henry Balani, Global head of Industry and Regulatory affairs, Encompass Corporation By Henry Balani, Global head of Indust..

UK Business Leaders struggle to recognise cyber risk as financial threats despite rising costs

UK Business Leaders struggle to recognise cyber risk as financial threats despite rising costs

With 74% of mid-to-large UK businesses reporting cyber breaches, a new survey by cyber risk solutions provider Resilience and YouGov h..

NEWS

Former OpenAI researcher raises $40 million to build more empathetic audio AI

Former OpenAI researcher raises $40 million to build more empathetic audio AI

By Anna Tong SAN FRANCISCO (Reuters) – –     A former OpenAI researcher has raised $40 million for a startup that will build artificial-in..

Dollar edges up as market looks to CPI data; Aussie, kiwi rise on China

Dollar edges up as market looks to CPI data; Aussie, kiwi rise on China

By Hannah Lang NEW YORK (Reuters) -The dollar was up slightly in skittish trading on Monday as investors awaited U.S. inflation data l..

Global, US stocks fall; oil, gold rise over 1% on geopolitical risk

Global, US stocks fall; oil, gold rise over 1% on geopolitical risk

By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) –     Global shares turned lower on Monday as traders focused on U..

How businesses can defeat corporate fraud and save money: Inside Magda Metreveli’s innovative control methodology

How businesses can defeat corporate fraud and save money: Inside Magda Metreveli’s innovative control methodology

Magda Metreveli Corporate fraud remains a significant global issue, costing businesses around 5% of their annual revenue, ..

At Gulf bitcoin gathering, Trump family and allies to bask in crypto industry’s euphoria

At Gulf bitcoin gathering, Trump family and allies to bask in crypto industry’s euphoria

By Michelle Conlin NEW YORK (Reuters) -Several key players in President-elect Donald Trump’s new cryptocurrency venture head to ..

Germany’s CompuGroup in talks about potential offer by CVC

Germany’s CompuGroup in talks about potential offer by CVC

(Reuters) – CompuGroup Medical, a German provider of healthcare software, said on Sunday it is in advanced talks to be acquired ..

Rachel Reeves to push for UK/EU reset at finance ministers’ meeting

Rachel Reeves to push for UK/EU reset at finance ministers’ meeting

LONDON (Reuters) – Reducing Britain’s trade barriers with the European Union will improve the growth prospects of both, fi..

Ant International sees robust growth across pillar businesses of payments, digitalisation, and inclusive financial services in 2024

Ant International sees robust growth across pillar businesses of payments, digitalisation, and inclusive financial services in 2024

Numbers show Alipay+ expands a vibrant wallet-based payment and digitalisation space that further strengthens WorldFirst and Antom, t..

NDC Wins According to Ghana King, a Voting-prediction App

NDC Wins According to Ghana King, a Voting-prediction App

Accra, Ghana, December 6th, 2024, FinanceWire As technology transforms political engagement, the Ghana King Telegram tap-to-vote app i..

JUSPAY Establishes European Hub in Dublin, Accelerating Global Expansion

JUSPAY Establishes European Hub in Dublin, Accelerating Global Expansion

Bangalore, India, December 6th, 2024, FinanceWire JUSPAY, a leading provider of next-generation payment solutions for enterprises and ..

Italian startup iGenius and Nvidia to build major AI system

Italian startup iGenius and Nvidia to build major AI system

By Stephen Nellis (Reuters) – Italian startup iGenius and Nvidia on Thursday said they are planning to bring online one of the w..

Macquarie-backed offshore wind developer Corio starts job cuts

Macquarie-backed offshore wind developer Corio starts job cuts

(Reuters) – Corio Generation, the UK-based offshore wind developer backed by Australia’s Macquarie Group, plans to cut a s..

Russian Railways to cut spending by around 40% in 2025, says finance chief

Russian Railways to cut spending by around 40% in 2025, says finance chief

(Reuters) – Russian Railways, a key cog in Russia’s industrial machine, may substantially cut its spending next year by ar..

HSBC improves data access and operational efficiency with Starburst technology.

HSBC improves data access and operational efficiency with Starburst technology.

Thanks to Starburst’s solution, HSBC has accelerated its access to information with queries up to 20 times faster, reducing anal..

Instant view: Bitcoin vaults above $100,000

Instant view: Bitcoin vaults above $100,000

(Reuters) – Bitcoin hit a record high above $100,000 on Thursday as the election of Republican Donald Trump as U.S. president fu..

Sweden’s SBB receives letters from funds intending to accelerate Eurobonds

Sweden’s SBB receives letters from funds intending to accelerate Eurobonds

(Reuters) –     Swedish property group SBB said it had received letters from FFI Fund and Olifant Fund notifying an intention to..

Airbus cuts 2,000 Defence and Space jobs, taming earlier plans

Airbus cuts 2,000 Defence and Space jobs, taming earlier plans

By Tim Hepher PARIS (Reuters) –     Airbus announced just over 2,000 job cuts in Defence and Space, or about 5% of its second-la..

Financial Services Outsourcing Philippines: Cynergy BPO’s take on Technology, CX, and Regulatory Compliance

Financial Services Outsourcing Philippines: Cynergy BPO’s take on Technology, CX, and Regulatory Compliance

In the ever-evolving financial services industry, outsourcing has transcended its traditional role as a cost-saving solution. It is no..

European Commission favours more EU funds for electric vehicles sector

European Commission favours more EU funds for electric vehicles sector

BRUSSELS (Reuters) –     The European Commission called on Tuesday for an additional 1 billion euros ($1.1 billion) of EU funds ..

Bronze statues, coins and ancient eggs found in Tuscan thermal baths

Bronze statues, coins and ancient eggs found in Tuscan thermal baths

By Alvise Armellini ROME (Reuters) –     Ancient statues, coins, jewels and still-intact eggs from Roman and Etruscan times have..

UK’s FTSE 100 extends winning streak as energy stocks climb

UK’s FTSE 100 extends winning streak as energy stocks climb

(Reuters) –     Britain’s FTSE 100 gained for a fifth straight session on Tuesday as higher oil prices lifted energy share..

Capitalize Announcing Prop Trading with One-Step Evaluation Program for Aspiring Traders

Capitalize Announcing Prop Trading with One-Step Evaluation Program for Aspiring Traders

London, UK, November 22nd, 2024, FinanceWire Capitalize, one of the leading proprietary trading firms, has announced their “One-..

Fusion+ Live: 1inch Introduces Full Cross-Chain Swap Functionality

Fusion+ Live: 1inch Introduces Full Cross-Chain Swap Functionality

Dubai, United Arab Emirates, November 26th, 2024, FinanceWire 1inch announces that Fusion+ has successfully come out of beta and is no..

ThinkMarkets Receives Two Prestigious Industry Awards

ThinkMarkets Receives Two Prestigious Industry Awards

London, United Kingdom, December 2nd, 2024, FinanceWire ThinkMarkets, a leading online trading provider, has further solidified its re..

Tavares clashed with Stellantis board over revival plan, sources say

Tavares clashed with Stellantis board over revival plan, sources say

By Giulio Piovaccari and Alessandro Parodi MILAN (Reuters) –     Outgoing CEO Carlos Tavares clashed with Stellantis’ boar..

Oil steady, traders hopeful on China demand but worried about Fed

Oil steady, traders hopeful on China demand but worried about Fed

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were little changed on Monday, as hopes of stronger demand stemming from higher fac..

World shares mixed, dollar advances amid improved U.S. manufacturing, French political drama

World shares mixed, dollar advances amid improved U.S. manufacturing, French political drama

By Lawrence Delevingne (Reuters) -Stocks in the U.S. and Europe were mixed on Monday, while the dollar gained versus the euro, amid po..

Asia stocks rise after Wall Street records; dollar rebounds

Asia stocks rise after Wall Street records; dollar rebounds

By Kevin Buckland TOKYO (Reuters) –     Asian stocks climbed on Monday, buoyed by record high closes on Wall Street, while the d..

Dollar edges higher amid rate, political uncertainty

Dollar edges higher amid rate, political uncertainty

By Wayne Cole SYDNEY (Reuters) –     The dollar crept higher on Monday in what is shaping up to be a critical week for the prosp..

UBS capital requirements should be proportionate, minister says

UBS capital requirements should be proportionate, minister says

ZURICH (Reuters) -Capital requirements set for UBS under new banking regulations should be “proportionate”, as Switzerland..