Switching off is hard to do – 29% hatch work plans on holiday
YouGov survey for Purbeck Insurance Services September 2024: As the summer holidays come to an end, a new survey of work-age adults a..
BUSINESS
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Fonterra’s annual profit falls 25%; shares rise on dividend declaration
By Rajasik Mukherjee (Reuters) -New Zealand’s Fonterra posted a 25% drop in its fiscal 2024 profit on Wednesday, hurt by ..
NEWS
Soccer-‘I thought it was AI,’ says Wimbledon director of flooding images at stadium
(Reuters) – AFC Wimbledon’s managing director thought he was looking at AI-created images when he saw pictures of f..
NEWS
Solvay to cut 68 jobs in Salindres site throughout 2025
(Reuters) – Belgian chemicals group Solvay announced on Tuesday plans to enter into talks with labour unions to cease pro..
NEWS
ECB started issuing fine notices to banks not meeting climate expectations
NEW YORK (Reuters) – The European Central Bank has started issuing fine notices to lenders not meeting its long-defined e..
NEWS
Spotify expands AI Playlist feature to new markets including US, Canada
(Reuters) – Spotify is expanding its tool that helps create playlists using generative artificial intelligence for premiu..
NEWS
UK employers give joint-lowest pay rises since June 2022, Brightmine says
LONDON (Reuters) – British employers gave staff the joint-lowest pay rises since June 2022 in the three months to the end..
NEWS
TUI confirms guidance after strong summer season, shares rise
By Andrey Sychev (Reuters) -Europe’s biggest tour operator TUI on Tuesday confirmed its annual guidance and mid-term targ..
NEWS
China stimulus pushes global shares to new peak, boosts commodities
By Ankur Banerjee and Sruthi Shankar SINGAPORE/LONDON (Reuters) – World stocks hit a record high on Tuesday after China u..
NEWS
Miniso shares slump on plans to buy stake in Yonghui Superstores
HONG KONG (Reuters) -Shares of Miniso Group Holding plunged as much as 39.2% to HK$20 ($2.57) on Tuesday after the company said..
Uncategorized
Unilever CEO looking for first-ever global plastics treaty with “teeth”
By Jessica DiNapoli NEW YORK (Reuters) – Unilever CEO Hein Schumacher hopes to see a global plastics treaty that “h..
NEWS
Qualcomm’s potential Intel buyout could raise antitrust, foundry concerns
By Aditya Soni and Yuvraj Malik (Reuters) -A potential deal to buy Intel could accelerate Qualcomm’s diversification but ..
NEWS
Northvolt to axe 1,600 jobs as Europe’s EV hopes stall
By Marie Mannes STOCKHOLM (Reuters) – Northvolt plans to cut 1,600 jobs at its base in Sweden, or about a fifth of its gl..
NEWS
Almost 30,000 suspected mpox cases in Africa this year, WHO says
LONDON (Reuters) – Nearly 30,000 suspected mpox cases have been reported in Africa so far this year, most of them in Demo..
NEWS
Sterling at two-year peak versus euro after PMI data
(Reuters) – Sterling dipped against the dollar on Monday but touched a new two-year high versus the euro as business acti..
NEWS
Navigating Economic Uncertainty: Oleksandr Skorobohatov’s Vision for Excellence in Treasury Management and Financial Process Automation
By Maria Williams Treasurers.org highlights the growing need for competent finance and treasury departments amid economic uncertainty...
FINANCE
European shares edge higher as traders brace for data-packed week
By Pranav Kashyap (Reuters) -European shares edged higher on Monday, though gains were capped by caution as investors tread car..
NEWS
Siemens to carve out EV charging business
BERLIN (Reuters) – Siemens plans to carve out its electric vehicle (EV) charging business, Siemens eMobility, to open opp..
NEWS
Oil climbs on Middle East escalation fears, US Fed rate cut
By Gabrielle Ng and Emily Chow SINGAPORE (Reuters) -Oil prices rose on Monday, buoyed by concerns that heightened conflict in t..
NEWS
Baden Bower’s Financial PR Strategies Address SEC Crackdown on Off-Channel Communications
On August 14, 2024, the Securities and Exchange Commission (SEC) reached settlements totaling $393 million with 26 investment advisers..
FINANCE
BNP Paribas signs deal to buy HSBC private banking unit in Germany
PARIS (Reuters) -BNP Paribas <BNPP.PA> has signed a deal to buy HSBC’s private banking unit in Germany as it contin..
NEWS
Novo Nordisk faces US congressional grilling over price of weight loss drugs, FT reports
(Reuters) – Novo Nordisk’s chief executive is preparing for a showdown next week with U.S. Senator Bernie Sanders o..
NEWS
Asia stocks, Wall St futures edge up; China trims repo rate
By Wayne Cole SYDNEY (Reuters) -Asian stocks firmed on Monday ahead of central bank meetings that are widely expected to delive..
NEWS
CMA CGM agrees to buy 48% of Santos Brasil for $1.2 billion, will launch takeover bid
SAO PAULO (Reuters) – French shipping giant CMA CGM agreed to buy 47.6% of port terminal operator Santos Brasil for 6.3 b..
FINANCE
Bitcoin jumps while Japan holiday dulls most currencies
SINGAPORE (Reuters) – Bitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally aft..
FINANCE
Analysis-SocGen’s CEO Krupa tightens screws on costs as bank’s turnaround plan falls flat
By Mathieu Rosemain PARIS (Reuters) – Societe Generale’s CEO Slawomir Krupa is set to turn the screws further on costs a..
NEWS
Nike veteran Hill to replace Donahoe as CEO; shares jump
By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the comp..
BUSINESS
EU regulator backs use of Novo’s Wegovy for obesity-related heart condition
(Reuters) -The European Medicines Agency backed the use of Novo Nordisk’s popular drug Wegovy to help ease heart failure in peop..
NEWS
Analysis-Extreme weather adds to fiscal strains in central Europe
By Jan Lopatka, Karol Badohal and Gergely Szakacs PRAGUE/WARSAW (Reuters) – Just a week ago, before deadly floods swept throug..
NEWS
Yen slides as BOJ governor steers clear of rate hike talk
By Linda Pasquini and Wayne Cole LONDON/SYDNEY (Reuters) – The yen weakened on Friday after the Bank of Japan signalled it was i..
NEWS
Nike’s next CEO Hill brings a bootstraps mentality
By Nicholas P. Brown (Reuters) – Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on v..
BUSINESS
Sterling rises vs dollar, euro boosted by strong UK retail sale data
By Linda Pasquini (Reuters) – Sterling edged up against the dollar and the euro on Friday, as strong UK retail sale data provide..
TRADING
Oil prices set to end week higher after US rate cut
By Arunima Kumar (Reuters) -Oil prices eased on Friday, but were on track to register gains for a second straight week following a lar..
NEWS
Stocks pinned near all-time highs, yen slips after Ueda’s comments
By Sruthi Shankar and Stella Qiu (Reuters) – World stocks hovered near record highs on Friday, underpinned by a big interest rat..
INVESTING
European shares slip but set for weekly gains; Mercedes drops
By Shubham Batra (Reuters) -European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserv..
INVESTING
London blue-chips slip as sterling jumps after retail sales beat
(Reuters) – UK shares slipped on Friday while the British pound jumped, though the stock index was set to eke out weekly gains r..
FINANCE
Global investors brace for turmoil as big Fed cut sows confusion
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -Big global investors are on alert for wild market swings after a jumbo U.S. rate ..
NEWS