Volkswagen to discuss new software roadmap on Dec. 15 -Handelsblatt
BERLIN (Reuters) – Volkswagen Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at..
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Trafigura enters $3 billion loan to supply Germany’s Sefe with gas
FRANKFURT (Reuters) – Commodities trading firm Trafigura on Monday said it has entered into a $3 billion four-year loan to suppl..
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Asia shares bank on eventual China opening; oil gains
By Wayne Cole SYDNEY (Reuters) – Asian shares extended their rally on Monday as investors hoped steps to unwind pandemic restric..
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China’s patchy COVID easing sows confusion but comforts investors
By Ryan Woo and Martin Quin Pollard BEIJING (Reuters) -A partial easing of the world’s toughest COVID-19 curbs sowed confusion a..
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Dollar soft as China reopening hopes boost risk sentiment
SINGAPORE (Reuters) – The dollar struggled to gain a foothold on Monday and was languishing at five-month lows as traders looked..
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U.S., France agreed to “fix” U.S. subsidies issues, says Macron
(Reuters) -President Joe Biden and French President Emmanuel Macron agreed during a state visit earlier this week to “fix”..
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UK economy to shrink in 2023, risks ‘lost decade’: CBI
By David Milliken LONDON (Reuters) – Britain’s economy is on course to shrink 0.4% next year as inflation remains high and..
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Crypto broker Genesis owes Gemini’s customers $900 million – FT
(Reuters) -Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins’ cryp..
NEWS
Analysis-Energy hungry Europe can’t look to U.S. shale to fill any OPEC gap
By Laila Kearney, Liz Hampton and Arathy Somasekhar NEW YORK/DENVER/HOUSTON (Reuters) – U.S. shale oil drillers turned from scra..
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Take Five: Ready for that Santa rally?
(Reuters) – Swiss lender Credit Suisse faces a litmus test over its rights issue, just one several trials markets must work thro..
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U.S., EU to address Inflation Reduction Act fears constructively -draft
By Foo Yun Chee BRUSSELS (Reuters) – The United States and the European Union will seek to tackle EU concerns about a new U.S. g..
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Stocks fall as strong U.S. payrolls muddies rate bets
By Sinéad Carew NEW YORK (Reuters) – Equities took a dip on Friday while U.S. Treasury yields climbed as investors bet on a more..
FINANCE
Euro zone bond yields rise after U.S. jobs data
By Alun John LONDON (Reuters) – European government bond yields rose after Friday data showed U.S. employers hired more workers ..
FINANCE
Reckitt expects U.S. infant formula shortage until spring
By Richa Naidu LONDON (Reuters) -The near year-long infant formula shortage in the United States that prompted the intervention of t..
NEWS
Factbox-Global banks take axe to jobs as cost pressures mount
LONDON (Reuters) – Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and la..
BANKING
Irish corporate tax boom breaks more records in November
DUBLIN (Reuters) – Ireland took in more corporate tax in November than it used to collect in entire years a decade ago, as a rec..
FINANCE
Pfizer to invest more than $2.5 billion to expand European manufacturing
By Michael Erman NEW YORK (Reuters) -Pfizer Inc is investing more than $2.5 billion at its drug making plants in Belgium and Ireland, ..
NEWS
Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks in Novem..
BANKING
EU countries consider lower gas price cap – documents
By Kate Abnett BRUSSELS (Reuters) -European Union countries will consider on Friday a proposal for a gas price cap slightly lower than..
NEWS
Factbox-What European companies are doing as workers face high inflation
(Reuters) -Companies across Europe are offering one-off bonuses and renegotiating wages as surging inflation raises food and energy bi..
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UniCredit to pay bonus, replace 850 older branch staff in Italy
MILAN (Reuters) – Italy’s second-biggest bank UniCredit will give employees in Italy a one-off payment of 2,400 euros ($2,..
NEWS
Spain’s labour market resilient as unemployment drops in Nov
MADRID (Reuters) -Unemployment fell and net jobs were created in November in Spain, official data showed on Friday, reflecting strengt..
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Explainer-India G20 presidency 2023: what does it mean and what can we expect
By Devjyot Ghoshal NEW DELHI (Reuters) – India began its year-long presidency of the Group of 20 (G20) this week, taking over fr..
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UK parliament committee chair says she talked defence cooperation on Taiwan trip
TAIPEI (Reuters) – A senior British lawmaker said on Friday her delegation had discussed defence cooperation with Taiwan during ..
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Dollar steadies near 16-week low, yuan set for biggest weekly gain since 2005
By Samuel Indyk LONDON (Reuters) – The dollar was pinned near 16-week lows against a basket of major currencies on Friday ahead ..
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How Cloud is Driving Forward Implementation of Zero Trust Security
By Manuel Sanchez, Information Security & Compliance Specialist, iManage The UK government’s Cyber Security Br..
TECHNOLOGY
India’s Reliance makes rare buy of Russian naphtha, ups fuel oil imports
By Mohi Narayan NEW DELHI (Reuters) – India’s Reliance Industries, operator of the world’s largest refining complex,..
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Soccer-World Cup 2022: England’s route to final explained
(Reuters) – England are looking to win their second World Cup title at the Nov. 20-Dec. 18 tournament in Qatar. Here is what you..
NEWS
Financial Services technology development in 2023
By Peter Theunis, Head of Payments EMEA at Endava The COVID-19 pandemic showed the importance of technology development to meet cu..
FINANCE
Protecting Stock Portfolios in a Bear Market
By Melissa Moraes, Freelance writer covering start-ups, socially responsible brands, and the newest trends ..
BUSINESS
Ransomware, storage, and backup: techniques and limits
By Mike Fry, Security Practice Director, Logicalis UK&I Ransomware is increasingly causing massive disruption ..
TECHNOLOGY
Cut, evidence, empower: How technology can help banks deliver on COP27 commitments
By Kalliopi Chioti, Chief Environmental, Societal and Governance Officer, Temenos While this year’s COP27 h..
NEWS
EU sets recycling, reuse targets to cut packaging waste
By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission proposed on Wednesday new rules to reduce packaging waste thro..
NEWS
BYD set to be China’s top-selling car brand for Nov, Tesla gains -data
SHANGHAI (Reuters) – BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outp..
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Portugal’s Q3 growth accelerates with consumption but future not shining
By Sergio Goncalves LISBON (Reuters) – Portugal’s economy expanded 0.4% in the third quarter from 0.1% in the previous qua..
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FTX collapse shows urgent need to finalise EU crypto rules, says European Commission
By Huw Jones LONDON (Reuters) -The “questionable practices” at now collapsed crypto exchange FTX would not have been allow..
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World stocks upbeat on hopes for China re-opening, inflation peaking
By Dhara Ranasinghe LONDON (Reuters) -World equity markets rallied on Wednesday lifted by hopes that inflation is peaking and a re-ope..
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