Facebook parent Meta is preparing large-scale layoffs this week – WSJ
(Reuters) – Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect thousands of employees, the W..
NEWS
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ECB, UniCredit clash over capital plans, Russia presence, FT says
(Reuters) – The European Central Bank (ECB) has clashed with UniCredit over the Italian lender’s plans to return cash to s..
NEWS
Twitter asks some laid off workers to come back, Bloomberg reports
(Reuters) – After Twitter Inc laid off roughly half its staff on Friday following Elon Musk’s $44 billion acquisition, the..
NEWS
Future of the Finance Industry
By Dr.Hassaan Khan, Head of School of Digital Finance, Arden University With the emergence of AI and blockchain, the futur..
FINANCE
Dollar tumbles as U.S. nonfarm payrolls show mixed picture
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar slumped on Friday after the U.S. nonfarm payrolls report for October..
TRADING
SETTING THE FINANCE COGS IN MOTION
The global financial services industry is shifting in at least three critical ways. So, if you’re sitting on the board of a company wh..
BUSINESS
Euro zone downturn deepened in Oct, winter recession likely -PMI
LONDON (Reuters) – Euro zone business activity contracted last month at the fastest pace since late 2020 as high inflation and f..
NEWS
Shares in Monte dei Paschi plunge 14% after capital raise
MILAN (Reuters) – Shares in Monte dei Paschi di Siena plunged 14% on Friday, triggering an automatic trading suspension, after t..
NEWS
Britain launches scheme to pay homes to curb electricity use
LONDON (Reuters) – Britain’s National Grid on Friday launched a scheme to pay homeowners and businesses to curb their elec..
NEWS
German industrial orders drop in Sept on foreign demand slump
BERLIN (Reuters) – German industrial orders fell more than expected in September, weighed down by a sharp fall in foreign demand..
NEWS
Nissan says talks with Renault focused on better competing in electric cars
By Kevin Krolicki and David Dolan TOKYO (Reuters) -Nissan Motor Co’s talks with Renault SA are focused on optimising their inves..
NEWS
UK new car sales up by nearly a quarter in October – SMMT
(Reuters) – British new car registrations rose for the third consecutive month in October, up by around a quarter, according to ..
NEWS
British PM Sunak expected to shelve plans to privatise Channel 4 -FT
(Reuters) – British Prime Minister Rishi Sunak is expected to put off the proposed privatisation of publicly-owned broadcaster C..
NEWS
Britain’s Prince William unveils finalists for Earthshot environmental prize
LONDON (Reuters) – Britain’s Prince William on Friday unveiled the finalists for his Earthshot prize, which awards 1 milli..
NEWS
North Korea fires artillery into sea as South Korea and U.S. pledge cooperation
SEOUL (Reuters) -North Korea fired about 80 artillery rounds into a maritime border zone overnight, South Korea said on Friday, as def..
NEWS
Chaos, confusion reign ahead of Twitter layoffs
By Sheila Dang and Katie Paul (Reuters) – Fear and dread spread across Twitter Inc offices on Thursday as 7,500 employees from S..
NEWS
World equities fall, U.S. Treasury yields rise after hawkish Fed
By Chibuike Oguh NEW YORK (Reuters) -Global equities fell while U.S. Treasury yields rose on Thursday as investors weighed hawkish com..
NEWS
Euronext Italian arm to become group-wide clearer from end 2023
By Huw Jones LONDON (Reuters) – Pan-European stock exchange Euronext said on Thursday that customers will be able to clear all s..
NEWS
Investors trim bets for peak Bank of England rate
LONDON (Reuters) – Investors trimmed their bets on the peak for British interest rates on Thursday after the Bank of England tol..
NEWS
Italy’s Leonardo raises FY orders guidance after strong nine months
ROME (Reuters) -Italy’s state-controlled defence group Leonardo on Thursday raised its full-year guidance after reporting a size..
NEWS
Looking to Buy a Rental Property? Here’s Why You Need a Property Manager
If you’re interested in building financial wealth, one option is to invest in real estate. Can you imagine yourself owning one or more..
INVESTING
4 Kinds of Software Your New Business Needs
Have you started a new business? As you get things up and running, you’ll learn a lot. Every new company goes through some growi..
TECHNOLOGY
Analysis: Energy market turmoil shakes Europe’s green power plan
By Susanna Twidale, Isla Binnie and Kate Abnett (Reuters) – Europe’s plan to roughly double renewable power generation by ..
NEWS
Expert View: Bank of England lifts UK rates to 3% in historic hike
LONDON (Reuters) – The Bank of England raised UK interest rates to 3% on Thursday in its largest rate hike since 1989 and warned..
INVESTING
Top 5 Data Analytics Trends for 2023
By Aarti Dhapte, Senior Analyst, ICT, Market Research Future. Start-ups, SMEs, and large corporations increasingly use dat..
TECHNOLOGY
Digital Technology and Startups During a Recession — How to Stay Afloat
By Lili Dewrance, freelance consultant specialising in digital content creation and journalism Lili Dewrance It’s no..
BUSINESS
Importance of Transparency and Connections in Business
By Connor David, Freelance Writer In any industry, transparency is a key factor for a company’s success. While it can take many ..
BUSINESS
Alloy Partners with Fiat Republic to Democratize Fraud-Free Crypto Trading and Simplify Fiat Access
This partnership offers crypto platforms sustainable access to banking and payments rails, simplified and quicker end user onboarding,..
TECHNOLOGY
Analysis-Weary investors see little respite to Fed hike gloom
By Davide Barbuscia and David Randall (Reuters) – Investors trying to navigate this year’s relentless interest rate rises ..
NEWS
Elon Musk plans to cut half of Twitter jobs – Bloomberg News
(Reuters) – Elon Musk plans to cut about 3,700 jobs at Twitter Inc or half of the company’s workforce in a bid to cut cost..
NEWS
L’Oréal denies report saying it suspended Twitter ad spending
(Reuters) -Cosmetics maker L’Oréal SA said it had not suspended advertising spending on Twitter, denying a Financial Times repor..
NEWS
Mickey Mouse, Spider-Man, Super Mario added to Russia’s parallel imports scheme
(Reuters) – Moscow on Wednesday added Walt Disney, Marvel and DC Comics to a list of brands that can be imported without permiss..
NEWS
Cyclicals, BAT drag FTSE 100 lower ahead of Fed decision
By Johann M Cherian and Sruthi Shankar (Reuters) – UK’s FTSE 100 index slipped on Wednesday, weighed down by cyclical sect..
NEWS
UK considering delay to Northern Ireland elections, Ireland minister says
By Amanda Ferguson BELFAST (Reuters) -The UK government could change the law to delay elections in Northern Ireland, the Republic of I..
NEWS
Tesco wins appeal in trademark fight with Lidl in UK court
By Sam Tobin (Reuters) – Britain’s biggest retailer Tesco can argue at trial that discount supermarket Lidl applied for trademar..
NEWS
Russian retail sales fall deeper, jobless rate rises in Sept – data
MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in September, official data from the..
NEWS
Yum beats sales estimates as customers flock to KFC, Taco Bell deals
By Uday Sampath Kumar (Reuters) -Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday, as the company..
INVESTING