IKEA stores owner Ingka’s annual operating profit rises 9%
By Anna Ringstrom STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores, reported on Friday a 9% rise in annual opera..
NEWS
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How can banks overcome the tech trust gap?
By Sanjay Gupta, SVP and MD, Mitek People are depending on their banks more than ever in this tough economic time. Rising ..
BANKING
UK budget fashion chain Primark to invest 140 million stg in stores
LONDON (Reuters) – British fashion chain Primark set out plans to invest 140 million pounds ($169 million) in its UK store estat..
NEWS
UK energy regulator drops plan to ring fence customers’ cash
LONDON (Reuters) -British energy regulator Ofgem on Friday dropped a planned requirement for suppliers to ring fence customer credit b..
NEWS
Cost-of-living crisis casts shadow over Europe’s Black Friday
By James Davey LONDON (Reuters) -Europe’s retailers are hoping Black Friday discount day will get shoppers spending, though it t..
NEWS
Dollar set for weekly loss amid expectations Fed will slow hikes
By Rae Wee and Joice Alves SINGAPORE/LONDON (Reuters) – The U.S. dollar hovered near a three-month low on Friday and was headed ..
NEWS
Atlantia exit highlights Milan’s battle to retain market heavyweights
By Elisa Anzolin MILAN (Reuters) – The buyout of Atlantia will cut another 19 billion euros ($19.5 billion) from the valu..
NEWS
Exclusive: Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant – source
TAIPEI (Reuters) – Production of Apple Inc’s iPhones could slump by at least 30% at Foxconn’s factory in China’..
NEWS
Malaysia’s new PM Anwar says first priority is cost of living
By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia’s newly appointed Prime Minister Anwar Ibrahim said on Friday his primary..
NEWS
British nurses to stage first strikes on Dec. 15, 20
LONDON (Reuters) – Thousands of British nurses will go on strike on Dec. 15 and 20 for more pay, their union said on Friday, add..
NEWS
UK motor and home insurers headed for heavy losses, EY warns
(Reuters) – British motor and home insurers are set for significant losses in 2022 and 2023 due to inflationary pressures and lo..
NEWS
Soccer-Manchester United fans want more say under any new owners
By Alan Baldwin (Reuters) -Manchester United needs new owners and fresh investment to halt years of decline and fans should be given a..
NEWS
German regulator stays vigilant as Meta changes VR headset rules
BERLIN (Reuters) – Facebook’s parent company Meta Platforms has responded to the German cartel office’s concerns by ..
NEWS
Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility
PARIS (Reuters) – Orange, France’s biggest telecoms group, said on Wednesday it had signed an agreement for a sustainabili..
NEWS
Factbox-U.S. offers new details on plan to cap Russian oil prices
(Reuters) -New guidance issued by the U.S. Treasury adds more detail to a complex plan by the European Union, G7 nations and Australia..
NEWS
New space observatory helps solve mystery involving enormous black holes
By Will Dunham WASHINGTON (Reuters) – Most galaxies are built around humongous black holes. While many of these are comparativel..
NEWS
Staying Ahead of Risk This Black Friday
will liu Dominik Birgelen Michael Jenkins Rebecca Worsley By Rebecca Wo..
BUSINESS
Attacking Banking and Fintech Fraud Head-On Through AI-Infused Strategies
By Carol Hamilton, Chief Growth Officer at Provenir In all sectors, and especially in the financial services sector, the..
FINANCE
Three Ways Data Unlocks Business Value for Financial Organisations
By Rinesh Patel, Global Head of Financial Services, Snowflake The financial services industry is in the mi..
FINANCE
FINGERPRINTS’ SUPPORTS TWO MORE BIOMETRIC PAYMENT CARD LAUNCHES IN THE MENA REGION
World-leading biometrics company, Fingerprint Cards AB (Fingerprints™), has announced that its solution will be part of the MENA regio..
TECHNOLOGY
Volkswagen strikes below-inflation wage deal, continues German trend
By Jan Schwartz HAMBURG (Reuters) -Volkswagen on Wednesday agreed a two-year wage deal for workers at its western German factories, of..
NEWS
Italy’s A2A trims green investment plan citing economy, volatile markets
(Reuters) -Italy’s largest regional utility A2A on Tuesday scaled back its investments aimed at reducing its carbon footprint, a..
NEWS
Britain’s Halfords targets retirees in recruitment drive
LONDON (Reuters) – Halfords is aiming to recruit 1,000 new technicians over the next 12 months by attracting retirees to work in..
NEWS
Glencore to sell Australian copper mine to SPAC for $1.1 billion
(Reuters) – Glencore said on Wednesday that blank-check firm Metal Acquisition Corp (MAC) agreed to an amended agreement to buy ..
NEWS
German residential property market faces risk of price drop – DIW study
BERLIN (Reuters) – The German residential property market faces a growing risk of price corrections, the DIW research institute ..
NEWS
HP to cut about 12% jobs by end of fiscal 2025
(Reuters) -HP Inc said on Tuesday it expects to cut up to 6,000 jobs by the end of fiscal 2025, or about 12% of its global workforce, ..
NEWS
Analysis-At World Cup, Saudi crown prince moves back on to global stage
By Angus McDowall and Maya Gebeily DOHA (Reuters) – When Saudi Arabian Crown Prince Mohammed bin Salman took his seat next to th..
NEWS
UK investigating Apple, Google mobile browser dominance
By Paul Sandle and Pushkala Aripaka LONDON (Reuters) -Britain’s competition watchdog on Tuesday launched an in-depth investigati..
NEWS
First nationwide map of Italy’s fascist monuments goes online
By Alvise Armellini ROME (Reuters) – More than 1,400 monuments, street signs and plaques honouring fascism have been put online ..
NEWS
UK says Baker Hughes-Altus deal may hurt competition in oil well services
(Reuters) – Britain’s competition watchdog said on Tuesday U.S.-listed oilfield services firm Baker Hughes Co’s acqu..
NEWS
Equinor evaluating impact of British windfall tax on projects
By Ron Bousso LONDON (Reuters) -Norwegian oil company Equinor said on Tuesday it is evaluating the impact of Britain’s windfall ..
NEWS
Suedzucker expects to raise its sugar prices again next year
By Maytaal Angel LONDON (Reuters) -Europe’s largest sugar producer Suedzucker is set to bump up sugar prices again next year as ..
NEWS
Zoom shares down 90% from peak as pandemic boom fades
By Aditya Soni and Chavi Mehta (Reuters) – Shares of Zoom Video Communications Inc have tumbled about 90% from their pandemic pe..
NEWS
End of cheap money for U.S. farmers plows trouble into food production
By P.J. Huffstutter and Bianca Flowers CHICAGO (Reuters) – Montana farmer Sarah Degn had big plans to invest the healthy profits..
NEWS
Thomas LR Griffiths’ top 10 strategies for US tax planning
Thomas LR Griffiths is a tax advisor and consultant specializing in US expatriate tax matters. Thomas explains the top 10 strategies f..
FINANCE
King Charles hosts first state visit for S.Africa’s Ramaphosa
LONDON (Reuters) – King Charles will host his first state visit since his accession to the British throne when he welcomes South..
NEWS
Shell to ‘evaluate’ 25 billion pound British investments after windfall tax
By Ron Bousso LONDON (Reuters) -Shell said on Monday it will evaluate plans to spend up to 25 billion pounds in Britain over the next ..
NEWS