Porsche cuts forecasts due to alloy shortage, shares fall
By Victoria Waldersee (Reuters) -Porsche AG cut its sales and profit outlook on Tuesday due to an unexpected aluminium alloy supply sh..
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GM beats quarterly expectations and raises forecast, but shares dive
By Nora Eckert DETROIT (Reuters) -General Motors reported second-quarter profit and revenue on Tuesday that beat Wall Street’s e..
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Digesting Biden exit, markets focus on earnings, data
By Yoruk Bahceli and Tom Westbrook (Reuters) -World markets steadied on Tuesday as investors looked beyond Joe Biden’s exit from..
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Computer parts maker Logitech lifts full-year outlook on upbeat Q1 results
ZURICH (Reuters) -Computer mouse maker Logitech International raised its full-year sales and profit outlook on Tuesday, encouraged by ..
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Aussie, kiwi dollars struggle on China’s rate cuts; dollar adrift
By Rae Wee SINGAPORE (Reuters) – The Australian and New Zealand dollars languished near multi-week lows on Tuesday after China&#..
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TotalEnergies Texas refinery returns to normal operation, sources say
HOUSTON (Reuters) – TotalEnergies’ 238,000 barrel-per-day (bpd) Port Arthur, Texas refinery returned to normal operation o..
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Google scraps plan to remove cookies from Chrome
(Reuters) – Google is planning to keep third-party cookies in its Chrome browser, it said on Monday, after years of pledging to ..
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UK Conservative Party to announce new leader on Nov. 2
LONDON (Reuters) -Britain’s Conservative Party said on Monday it will name its new leader on Nov. 2, following the party’s..
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German software maker SAP’s quarterly cloud revenue leaps 25%
(Reuters) -Europe’s largest software maker SAP reported a 25% jump in its cloud business and beat analysts’ estimates for ..
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Galp’s quarterly profit up 16% and Namibia oil in focus
By Sergio Goncalves LISBON (Reuters) -Portugal’s Galp Energia reported on Monday a 16% rise in second-quarter net profit, beatin..
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British royals release photo of Prince George to mark eleventh birthday
LONDON (Reuters) – Britain’s Prince George turned eleven on Monday, with Kensington Palace publishing a new photogr..
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Artist swaps British Museum coin with fake
By Hani Richter (Reuters) – A Brazilian conceptual artist swapped a historic British coin for a fake in the British Museum to hi..
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China surprises with cuts to key rates to support weak economy
SHANGHAI (Reuters) -China surprised markets by lowering a key short-term policy rate and its benchmark lending rates on Monday, in eff..
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Xpeng, Volkswagen set up project house to roll out new EV architecture
(Reuters) -Chinese electric vehicle (EV) maker Xpeng has established project houses for engineers in partnership with German automaker..
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Aviation summit opens amid jet shortages, supply chain turbulence
Aviation summit opens amid jet shortages, supply chain turbulence By Joe Brock and Tim Hepher FARNBOROUGH, England (Reuters) – A..
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Dollar eases as Biden ends reelection bid; yuan steady after rate cut
By Kevin Buckland TOKYO (Reuters) – The dollar eased on Monday in the initial reaction to U.S. President Joe Biden’s decis..
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CrowdStrike says significant number of outage-affected devices back up
(Reuters) – Cybersecurity firm CrowdStrike said on Sunday that a significant number of the 8.5 million Microsoft devices that we..
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Elmira Mamleeva: Transforming Digital Banking and Finance
Elmira Mamleeva July 19, 2024 By Maria Williams The banking sector has gone through a dynamic change over the last two dec..
FINANCE
Optimising Your Supply Chain for Cost Savings
In today’s competitive business environment, optimising your supply chain for cost savings is essential for maintaining profitab..
BUSINESS
The Rise of ZeroGPT and “This Person Does Not Exist”
In the ever-evolving landscape of artificial intelligence, two terms have recently caught the public’s attention: ZeroGPT and &#..
TECHNOLOGY
Former Denny’s President John Dillon Launches HMS Growth Partners
John Dillon is an award-winning leader known for driving revenue growth, profitability, customer engagement, innovation, and overall p..
BUSINESS
Fitness and Wellness Challenges Continue To Drive Engagement for Xponential Fitness Brands
Xponential Fitness leverages challenges to boost member retention and attract new clients, offering experiences from barre to healthy ..
BUSINESS
France’s Ubisoft tops guidance for Q1 net bookings on strong GaaS engagement
(Corrects July 18 story to say Ubisoft beat its own forecast but missed consensus for net bookings in headline and paragraphs 1..
NEWS
Electrolux swings to operating profit in Q2
STOCKHOLM (Reuters) – Electrolux, the world’s second-biggest appliances maker, reported on Friday an operating prof..
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Lift maker Schindler’s orders slip in Q2, weighed by China
By Louis van Boxel-Woolf and Bartosz Dabrowski (Reuters) -Swiss lift and escalator maker Schindler reported a slight decline in..
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Consumer goods makers weighed down by weak US and European sales
By Richa Naidu LONDON (Reuters) – Consumer goods giants including Nestle, Kraft Heinz and Reckitt are likely to report we..
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FireUp Finance Launches Its Alpha Mainnet on Binance Smart Chain(BSC)
Hong kong, Hong Kong, July 18th, 2024, FinanceWire FireUp Finance announces the launch of its Alpha Mainnet. This highly anticipated m..
FINANCE
Big central banks are starting to cut rates, slowly
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – The move to ease monetary policy among major central banks is proving m..
NEWS
EU new car sales rise 4.3% in June, industry body ACEA says
By Greta Rosen Fondahn and Alessandro Parodi (Reuters) -New car sales in the European Union rose 4.3% in June to their highest since J..
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Standard Chartered boosts private bank team with 14 new hires
HONG KONG (Reuters) – Standard Chartered has hired more than a dozen new bankers to its private banking teams in Singapore, Hong..
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BYD to introduce three more car models to Vietnam market
HANOI (Reuters) – Chinese electric carmaker BYD will introduce three more models to the Vietnamese market this October and plans..
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Asian stocks slide on rising trade tensions, yen climbs
Asian stocks slide on rising trade tensions, yen climbs By Ankur Banerjee SINGAPORE (Reuters) – Asian equities fell on Thursday,..
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Samsung agrees to acquire British startup Oxford Semantic for AI
SEOUL (Reuters) – Samsung Electronics said on Thursday it agreed to acquire Oxford Semantic Technologies, a British startup spec..
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Britain’s new government must act fast to meet 2030 climate target, say advisers
By Susanna Twidale LONDON (Reuters) – The new Labour government will have to act fast to get Britain back on track to meet its 2..
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Oil prices gain 2% on big US storage withdrawal, weaker US dollar
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude sto..
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Factbox-The King’s Speech: A guide to the new UK government’s proposed laws
By Andrew MacAskill LONDON (Reuters) -Britain’s new Labour government set out its first package of proposed laws on Wednesday as..
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Yen jumps on possible intervention, sterling hits one-year high
By Chuck Mikolajczak NEW YORK (Reuters) -The yen rose sharply on Wednesday in a move that was suspected to be the result of another in..
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