Walmart paid most of $1 billion tax for PhonePe shifting base to India
By Nandan Mandayam BENGALURU (Reuters) – Walmart Inc late on Wednesday confirmed that it had already paid the Indian government ..
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With big bets on Musk, these funds may have a Tesla problem in ’23
By David Randall NEW YORK (Reuters) – Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers t..
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UK car sales hit 30-year low in 2022, but could grow 15% this year – SMMT
By Nick Carey LONDON (Reuters) – British new car sales fell to their lowest level since 1992 last year as manufacturers struggle..
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UK’s December shopper numbers defy inflation and rail strikes hit
LONDON (Reuters) – Shopper numbers across Britain in December rose 5.8% from November and were up 9.9% compared to 2021 despite ..
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GE HealthCare rises 8% in market debut, eyes small deals
By Leroy Leo and Kannaki Deka (Reuters) -GE HealthCare Technologies Inc’s shares rose as much as 8.4% in their Nasdaq debut on W..
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Emirati FM meets Syria’s Assad in Damascus in further sign of thawing ties
BEIRUT (Reuters) – Syrian President Bashar al-Assad received the United Arab Emirates foreign minister in Damascus on Wednesday ..
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Stellantis to build U.S. firm Archer’s air taxi, up stake
By Gilles Guillaume PARIS (Reuters) -Carmaker Stellantis will help build Archer Aviation’s electric aircraft and increase its st..
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Stocks, bonds extend rally on hopes rate hikes ease
By Lawrence White LONDON/NEW YORK (Reuters) – Shares rose and bonds rallied worldwide on Wednesday as investors tiptoed into the..
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Deutsche Bank’s rollercoaster ride towards more stability
(This Dec. 16 story has been refiled to correct currency unit to cents in paragraph 33) By Tom Sims and Marta Orosz FRANKFURT (Reuters..
BANKING
Dollar jumps, U.S. stocks buck global rally
By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar jumped on Tuesday as oil prices sank, while U.S. stocks bucked..
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Combatting economic uncertainty in 2023 with the payments sector
By Spencer Hanlon, Global Head of Travel Payments and Head of Europe at Nium From supply issues to soaring utilities costs..
FINANCE
The benefits of adopting cloud technology in the finance industry
Drew Firment By Drew Firment, Vice President of Enterprise Strategies at Pluralsight The finance industry is on its way t..
TECHNOLOGY
Make way for the rise of the Finance Super Apps – Consolidation of Financial Digitisation Tools & Platforms
Guy Sear, Country lead for UK at Payhawk Guy Sear, Country lead for UK at Payhawk “Companies that were once pioneers in ..
TECHNOLOGY
Organic VS Paid Promotion: Why the perfect mix eludes you
With shifting media trends like rising advertising costs and lowering organic reach, marketers often have strong opinions on organic v..
BUSINESS
Inflation drives Britain’s record Christmas grocery sales
By James Davey LONDON (Reuters) – British grocery sales rose 9.4% to a record 12.8 billion pounds ($15.3 billion) in the four we..
NEWS
Decline in German services sector eases, raising hopes for milder recession -PMI
BERLIN (Reuters) – High inflation and economic uncertainty extended a downturn in the German services sector in December, though..
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Former astronaut Cunningham, member of first crewed Apollo flight, dies at age 90
By Katharine Jackson and Steve Gorman WASHINGTON (Reuters) -Former U.S. astronaut Walter Cunningham, who flew to space aboard Apollo 7..
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Britain says it is committed to leading a NATO task force in 2024
(Reuters) -Britain said on Tuesday it was committed to leading a NATO task force in 2024, dismissing a report by Berlin-based Table.Me..
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Rivian stock less bruised than Tesla as both miss EV targets
By Paul Lienert and Akash Sriram (Reuters) – Electric vehicle maker Rivian Automotive barely missed its full-year production tar..
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PM Rishi Sunak sets out priorities for Britain, responds to critics
By Elizabeth Piper LONDON (Reuters) – British Prime Minister Rishi Sunak will set out his priorities for 2023 on Wednesday, usin..
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Microsoft videogame testers form company’s first U.S. union
By Daniel Wiessner (Reuters) -A group of about 300 videogame testers at Microsoft Corp subsidiary Zenimax Studios have voted to unioni..
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French watchdog fines H2O Asset Management, executives over Tennor investments
(Reuters) – France’s financial markets watchdog AMF said on Tuesday it had fined H2O Asset Management and two of its manag..
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French energy suppliers will let struggling bakers renegotiate contracts – Le Maire
By Dominique Vidalon PARIS (Reuters) -France’s energy suppliers have agreed to allow the country’s trademark bakeries to r..
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2023 FinTech Prediction: Secure and Private Data Usage is Key
By Ellison Anne Williams, CEO and Founder at Enveil During this time of year, we frequently take time to contemplate what..
TECHNOLOGY
Dollar jumps, euro dips before Fed minutes
By Karen Brettell NEW YORK (Reuters) – The greenback jumped on Tuesday before the Federal Reserve on Wednesday releases minutes ..
NEWS
Best Countries For Retirement
Best Countries For Retirement There are a few places that are considered to be some of the best countries to retire from. These includ..
LIFESTYLE
Startups spring from ashes of Big Tech purge
By Supantha Mukherjee, Martin Coulter and Krystal Hu (Reuters) – Nic Szerman lost his job at Meta Platforms in November, just tw..
NEWS
Oil stocks thrust London shares to positive 2023 start
By Shashwat Chauhan (Reuters) – UK’s exporter-heavy FTSE 100 jumped to a seven-month high on Tuesday as oil stocks rallied..
NEWS
Inflation in key German states eases for second month
BERLIN (Reuters) – Inflation in five key German states eased for a second month in a row in December, indicating national inflat..
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Aldi UK says December sales up 26%
LONDON (Reuters) -The British arm of German discount supermarket group Aldi said its sales in December rose 26% compared to the previo..
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UK’s Cineworld to not sell assets individually, denies talks with AMC
(Reuters) -Cineworld, the British cinema operator in bankruptcy proceedings, said on Tuesday it would not sell any of its assets indiv..
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Asia shares weigh China risks, yen hits 6-month high
By Wayne Cole SYDNEY (Reuters) – Asian shares recovered from early losses on Tuesday as investors weighed the near-term costs of..
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WHO urges China to share specific data regularly on COVID situation
(Reuters) -The World Health Organization on Friday once again urged China’s health officials to regularly share specific and rea..
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Exclusive-World Bank seeks more funds to address climate change, other crises -document
By David Lawder WASHINGTON (Reuters) – The World Bank is seeking to vastly expand its lending capacity to address climate change..
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China arrivals in UK next week will not face compulsory COVID tests -Independent
(Reuters) – Passengers from China who arrive in the United Kingdom next week will not face compulsory COVID-19 tests on arrival,..
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Dollar creeps up in subdued start to new year
Dollar creeps up in subdued start to new year
By Dhara Ranasinghe LONDON (Reuters) -The dollar edged up on Monday, pulling away from recent six-month lows against a basket of major currencies. The..
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Italy’s Eni sets up sustainable transport services company
Italy’s Eni sets up sustainable transport services company
MILAN (Reuters) – Italian energy group Eni said on Monday it had set up a new company dedicated to sustainable transport, which would develop bi..
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