Britain seeks to beef up Ofgem energy regulator’s powers
LONDON (Reuters) – Britain set out plans on Thursday to strengthen its energy regulator Ofgem to help facilitate the country..
NEWS
All Posts
Oil falls on demand concerns after Fed signals slower easing ahead
BEIJING (Reuters) – Oil prices fell in early trading on Thursday after the U.S. Federal Reserve signalled that it would slow..
NEWS
BPO sector key to combating rising fraud risk in US banking industry
Hans Zachar, Group Chief Information Officer at Nutun By Hans Zachar, Group Chief Information Officer at Nutun Fraud in th..
BANKING
ORO Launches as First App Built on Fasset’s L2 Network, Unlocking $1B of Tokenized Gold On-Chain
Dubai, UAE, December 18th, 2024, FinanceWire $1 billion of yield-bearing gold to be tokenized within the first year ORO is the first ..
FINANCE
Banks, oil stocks knock European shares to two-week lows
(Reuters) -Europe’s STOXX 600 fell to two-week lows on Tuesday, pressured by losses in energy and bank stocks, as investors awai..
NEWS
Eutelsat announces contract with Airbus for 100 satellites
(Reuters) -French satellite company Eutelsat has chosen aerospace giant Airbus to build 100 small satellites for its OneWeb constellat..
NEWS
Credit Agricole names Olivier Gavalda as its new CEO
PARIS (Reuters) -Credit Agricole said on Tuesday it had appointed Olivier Gavalda as the French bank’s new CEO. The 61-year-old ..
NEWS
Luxury and energy sectors weaken European shares; French stocks fall 0.7%
By Sruthi Shankar and Shashwat Chauhan (Reuters) – European shares closed lower on Monday, bogged down by heavyweight luxury..
NEWS
UK stocks start policy decision week lower; Entain falls
(Reuters) -Britain’s FTSE 100 index slipped on Monday, with Entain dropping after Australia’s financial crime watchdog ini..
Uncategorized
French central bank trims growth outlook on political drama
PARIS (Reuters) – France’s economy will grow more slowly than expected in the next two years as its home-grown politic..
NEWS
From India to Dubai to New York: Unnamalai Ramanathan’s Journey to Global Financial Leadership
Unnamalai Ramanathan’s career journey is a remarkable tale of ambition, resilience, and leadership, marked by her transition from a determined..
BUSINESS
UniCredit CEO says $10.5 billion Banco BPM bid is fair as offer becomes binding
By Valentina Za MILAN (Reuters) -UniCredit on Friday filed its buyout offer for rival Banco BPM with Italy’s market regulator, a..
NEWS
Soccer-Manchester United’s Diallo snatches derby victory at stunned City
By Lori Ewing MANCHESTER, England (Reuters) -Manchester United poured on the misery for flagging Premier League champions Manchester C..
NEWS
German Chancellor Scholz to ask parliament to clear way for new elections
By Thomas Escritt BERLIN (Reuters) – Chancellor Olaf Scholz will call on Germany’s parliament on Monday to declare it ..
NEWS
UK property asking prices fall, headwinds remain for 2025, Rightmove says
By Suban Abdulla LONDON (Reuters) – Average asking prices for newly listed houses and apartments in Britain fell by 1.7% in ..
NEWS
Magic Vision Launches AI-Powered Platform for Digital Creators
London, United Kingdom, December 13th, 2024, FinanceWire Magic Vision, an AI-powered platform for digital media creation, officially l..
FINANCE
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
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