Deutsche Bank: Equity bear market rally will stretch into 2023, dollar weaker
LONDON (Reuters) – A bear market rally in equity markets will continue into next year before slumping as a recession in the worl..
NEWS
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Euro zone credit growth remains brisk despite gloomy outlook
FRANKFURT (Reuters) – Bank lending to euro zone companies held steady, maintaining the sector’s biggest borrowing binge in..
NEWS
Food of the future: London air raid shelter to underground farm
By Sarah Young and Aiden Nulty LONDON (Reuters) – In an underground World War Two air raid shelter where London tube trains can ..
NEWS
UK’s Superdry in talks with Bantry Bay to refinance $85 million facility
LONDON (Reuters) – British fashion group Superdry said it is in negotiations to refinance borrowings of up to 70 million pounds ..
NEWS
Dollar slips, while yuan slumps on COVID unrest in China
By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) – The dollar weakened on Monday as investors weighed up the recent dro..
NEWS
UK to launch new billion-pound home insulation programme
LONDON (Reuters) – Britain’s government intends to make 1 billion pounds ($1.2 billion) of public funding available for ho..
NEWS
Prague Christmas market returns after COVID but with fewer lights
PRAGUE (Reuters) – Thousands of people poured into Prague’s medieval Old Town Square at the weekend for the lighting of a ..
NEWS
UK to fine tech companies that fail to remove self-harm material
By David Milliken LONDON (Reuters) – Britain’s government intends to make it illegal to encourage others to harm themselve..
NEWS
Airbus may delay some 2023 jet deliveries: sources
By Tim Hepher PARIS (Reuters) – Airbus is preparing the ground for further delays to planned delivery dates of some medium-haul ..
NEWS
Credit Agricole is weighing foray into German car-sharing: media report
FRANKFURT (Reuters) – French bank Credit Agricole is weighing plans to offer car-sharing financial services in Germany because t..
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OPEC+ meeting to take into account market conditions – Iraqi official
CAIRO (Reuters) – The OPEC+ meeting in December will take into account the condition and balance of the market, Iraq’s sta..
NEWS
EU demands quick fix from U.S. of green subsidy law
By Philip Blenkinsop BRUSSELS (Reuters) – European Union ministers warned on Friday that time was running out to resolve differe..
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, thou..
NEWS
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
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