New York holds top spot, London second in Z/Yen financial centre survey
LONDON (Reuters) – New York kept the top spot in the latest rankings of global financial centres from Z/Yen Group on Thursday, w..
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Norway wealth fund to vote for labour rights motion at Starbucks AGM
OSLO (Reuters) – Norway’s $1.3 trillion wealth fund, one of the world’s largest investors, will vote in favour of a ..
NEWS
Swiss National Bank raises rates, says bank crisis stopped
By John Revill ZURICH (Reuters) -The Swiss National Bank raised its benchmark interest rate by 50 basis points on Thursday and declare..
NEWS
HSBC appoints new markets head amid wider investment bank reshuffle
By Lawrence White LONDON (Reuters) – HSBC has appointed Patrick George as head of markets and securities services, according to ..
NEWS
Zur Rose delays profitability break-even to 2024
By Anastasiia Kozlova and Tristan Chabba (Reuters) – Swiss online drug retailer Zur Rose on Thursday said it will not reach brea..
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Lloyd’s of London swings to 2022 pre-tax loss
FRANKFURT (Reuters) – Lloyd’s of London swung to a pre-tax loss in 2022 and took writedowns on its fixed-income investment..
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Oil spills and near misses: more ghost tankers ship sanctioned fuel
By Jonathan Saul LONDON (Reuters) – An oil tanker runs aground off eastern China, leaking fuel into the water. Another is caught..
NEWS
Double Taxation of Personal Injury Plaintiffs
Co-Author – Joe Di Gangi, Director of Financial & Settlement Planning, Settlement Professionals, Inc., and President of Elana Fina..
FINANCE
Exploring the key features of BNPL solutions
The growth of BNPL services has been nothing short of explosive in recent years. The global BNPL market is expected to reach $633 bill..
TECHNOLOGY
Oil dips after Fed comments, US crude stock build
By Stephanie Kelly and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices fell on Thursday following three sessions of gains, after Federal R..
NEWS
Bitcoin falls 4.5% to $26,916
(Reuters) – Bitcoin dropped 4.5% to $26,916 at 20:07 GMT on Wednesday, losing $1,276 from its previous close. Bitcoin, the world..
NEWS
Inflation boosts Jeronimo Martins’ Q4 profit but dents margins
LISBON (Reuters) – Portugal’s second-largest retailer Jeronimo Martins on Wednesday posted a 23% jump in fourth-quarter ne..
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Exclusive-Ardian explores taking Italian tower operator INWIT private-sources
By Milana Vinn and Amy-Jo Crowley (Reuters) – French investment firm Ardian is in the early stages of exploring a bid for Italy&..
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Dollar falls after Fed raises rates, forecasts future hike
By Hannah Lang WASHINGTON (Reuters) – The dollar was lower on Wednesday following the U.S. Federal Reserve’s decision to r..
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Oil up 2% as dollar weakens on small US Fed rate hike
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 2% to a one-week high on Wednesday as the dollar slid to a six-week low af..
NEWS
Security-Backed Mortgages – Essential Tips and Guidance
Security-backed mortgages require the borrower to pledge liquid securities as security for a loan. Equities, investment funds, bonds a..
FINANCE
5 Annuity Tips to Know for 2023 Retirement Planning
How long do you plan to live? That might sound like a blunt question, but when you’re planning your retirement savings, it’s unavoidab..
FINANCE
How Parents Can Help Students Manage their Finances
One of the most important jobs of any parent is to prepare their child for the challenges they’re going to face in life. Getting your ..
FINANCE
Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown
By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the w..
FINANCE
Fed in spotlight with US focus on stability, First Republic
By Nupur Anand, Andrea Shalal and Balazs Koranyi (Reuters) – U.S. authorities are set to explore ways to bolster financial stabi..
NEWS
impact.com Appoints New Chief People Officer to Lead People Growth and Excellence
Michelle Denman brings over 30 years of world-class employee success expertise to the partnership management technology leader as the ..
NEWS
Stellantis to invest 130 million euros in German plant for new Opel electric car
MILAN (Reuters) – Carmaker Stellantis said on Wednesday it would invest 130 million euros ($140 million) in its Eisenach assembl..
NEWS
Crop merchant Louis Dreyfus gets profit boost in volatile year
By Gus Trompiz PARIS (Reuters) -Louis Dreyfus Company (LDC) on Wednesday reported a 44% jump in 2022 net profit, joining other global ..
NEWS
Banking turmoil will not have knock-on effect on commodities -Trafigura CFO
By Julia Payne LAUSANNE, Switzerland (Reuters) -The recent rout in bank shares will not have a knock-on effect on commodities, global ..
NEWS
Britain’s Superdry sells Asia Pacific IP for $50 million
LONDON (Reuters) – Struggling British fashion brand Superdry has sold its intellectual property assets in much of the Asia Pacif..
NEWS
UK inflation rate unexpectedly rises to 10.4% in February
By William Schomberg and David Milliken LONDON (Reuters) – British inflation unexpectedly rose to 10.4% in February, pushed up b..
NEWS
Syngenta 4Q profit falls as raw material prices increase
ZURICH (Reuters) – Swiss agrichemicals and seeds group Syngenta on Wednesday reported a 25% drop in fourth quarter earnings due ..
NEWS
Jittery markets attempt risk-on rally while waiting for Powell
A look at the day ahead in European and global markets from Ankur Banerjee With about 12 hours still to go before the Fed announces it..
NEWS
India resists calls for more air access in drive to be global aviation force
By Aditi Shah and Tim Hepher NEW DELHI (Reuters) -India dampened foreign airline hopes for more access to its airports on Tuesday, wit..
NEWS
UK employers see slight fall in pay awards over 2023 – XpertHR
By Suban Abdulla LONDON (Reuters) – British employers expect pay settlements over 2023 as a whole to average 5%, down slightly f..
NEWS
Departing Intel exec to focus on loosening Nvidia’s grip on AI for movies, games
By Stephen Nellis (Reuters) -Raja Koduri, the chief architect at Intel Corp, is leaving to start a company that aims to loosen longtim..
NEWS
Some Credit Suisse AT1 bondholders seek legal advice -law firms
By Laura Matthews and Chiara Elisei (Reuters) -Law firm Pallas Partners and a Swiss counsel are working on possible legal action for s..
NEWS
Global bank bonds claw back losses as markets rout eases
LONDON/SINGAPORE (Reuters) – An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering a..
FINANCE
Global shares jump but bank ‘whack-a-mole’ not over
By Koh Gui Qing NEW YORK (Reuters) – Global shares jumped on Tuesday after the rescue of Credit Suisse stemmed a rout in equitie..
INVESTING
Telecom Italia in talks with unions on up to 2,000 job cuts in Italy
MILAN (Reuters) – Telecom Italia (TIM) is seeking to cut as many as 2,000 jobs in Italy through a voluntary early retirement sch..
NEWS
Screening of ‘Winnie the Pooh’ horror film cancelled in Hong Kong
By Jessie Pang and Farah Master HONG KONG (Reuters) -The screening of “Winnie the Pooh: Blood and Honey”, a British slashe..
NEWS
EXCLUSIVE-Olympics-Paris 2024 plans Games relay changes, fewer torches-source
BERLIN (Reuters) – Paris 2024 Olympic torchbearers may not all get to keep their torches as a cherished memento of the Games bec..
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