Schroders seeks buyers for Indonesian unit with $4 billion in assets, sources say
By Yantoultra Ngui and Selena Li SINGAPORE/HONG KONG (Reuters) – Schroders is looking to sell its Indonesian business, according..
NEWS
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ECB’s Villeroy: more interest rate cuts to come in 2025
PARIS (Reuters) – The European Central Bank is likely to further ease interest rates next year and is at ease with market projec..
NEWS
Lilly’s Mounjaro more popular than Wegovy in UK’s private obesity drug market
By Maggie Fick LONDON (Reuters) – Britons paying privately for obesity drugs are increasingly choosing Eli Lilly’s Mounjar..
NEWS
UK payments regulator consults on cross-border card fees cap
LONDON (Reuters) – Britain’s payments regulator said on Friday it would consult on whether to introduce a cap on cross-bor..
NEWS
Eyal Avramovich Shares a Vision of the Future of Cryptocurrency and Blockchain
Eyal Avramovich, an Israel-born serial entrepreneur, has carved a niche for himself as a visionary in the field of technology a..
BUSINESS
Mercer & Hole appoints Menzies LLP Director of Corporate Finance
Accountants Mercer & Hole has today announced the appointment of Kevin Paget. Kevin joins as Director and Head of Deal Advisory an..
FINANCE
Dollar holds steady despite rate cut bets; Aussie rises after jobs data
By Brigid Riley TOKYO (Reuters) – The U.S. dollar traded in a narrow range on Thursday after hitting a two-week high in the ..
NEWS
Adidas raided for second day running in EU tax investigation, FT reports
BERLIN (Reuters) – Investigators carried out searches at Adidas’s headquarters for a second consecutive day, the Finan..
NEWS
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&..
NEWS
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..
NEWS
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..
NEWS
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..
NEWS
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 ..
FINANCE
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..
TECHNOLOGY
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..
BUSINESS
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..
NEWS
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..
NEWS
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..
NEWS
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, ..
BUSINESS
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 ..
INVESTING
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 ..
BUSINESS
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..
FINANCE
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..
NEWS
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..
FINANCE
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 ..
FINANCE
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..
TECHNOLOGY
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..
NEWS
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..
NEWS
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..
TECHNOLOGY
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..
NEWS
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..
NEWS
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..
NEWS
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..
BUSINESS
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 ..
NEWS
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..
NEWS
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..
NEWS
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-..
FINANCE