EnBW sees FY adjusted EBITDA at upper end of forecast range
EnBW sees FY adjusted EBITDA at upper end of forecast range BERLIN (Reuters) – German utility EnBW confirmed its full-year outlo..
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Germany’s Lanxess calls on government to help chemicals industry
By Linda Pasquini and Antonis Pothitos (Reuters) – Chemicals group Lanxess set out plans to cut costs on Friday and called on Ge..
NEWS
Credit Agricole beats estimates on insurance, consumer finance
Credit Agricole beats estimates on insurance, consumer finance By Mathieu Rosemain PARIS (Reuters) – Credit Agricole SA, France&..
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WPP lowers full-year forecast as tech clients curb spending
WPP lowers full-year forecast as tech clients curb spending LONDON (Reuters) -WPP, the world’s biggest advertising group, downgr..
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BNP Paribas lowers its Bank of England terminal rate forecast
BNP Paribas lowers its Bank of England terminal rate forecast (Reuters) – BNP Paribas on Friday lowered its Bank of England (BoE..
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Dollar struggles before payrolls test; Aussie rebounds
Dollar struggles before payrolls test; Aussie rebounds By Kevin Buckland and Brigid Riley TOKYO (Reuters) – The dollar hung back..
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Amazon forecasts bright Q3 on resilient cloud sales, shopping trends
Amazon forecasts bright Q3 on resilient cloud sales, shopping trends By Jeffrey Dastin and Chavi Mehta (Reuters) -Amazon.com Inc on Th..
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German services sector loses momentum-PMI
German services sector loses momentum-PMI BERLIN (Reuters) – Growth in Germany’s services sector slowed in July for the se..
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Striking the balance between consistent, creative, and compliant content for financial services on social
Striking the balance between consistent, creative, and compliant content for financial services on social By Billy Jones,..
TECHNOLOGY
Siemens Healthineers confirms outlook despite problems at Varian
(Reuters) -U.S.-German medical device maker Siemens Healthineers on Wednesday confirmed its outlook for the year despite an unexpected..
NEWS
Taylor Wimpey expects full-year profits to halve amid housing gloom
Taylor Wimpey expects full-year profits to halve amid housing gloom By Suban Abdulla and Aby Jose Koilparambil LONDON (Reuters) -Taylo..
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UK lender Virgin Money sticks to annual outlook despite mortgage pressures
(Reuters) -British challenger bank Virgin Money UK on Wednesday maintained its full-year outlook and reported stable net interest marg..
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Stocks drop, Treasuries gain after Fitch downgrades US rating
Stocks drop, Treasuries gain after Fitch downgrades US rating By Xie Yu HONG KONG (Reuters) – Asian stocks and U.S. Treasury yie..
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Fresenius Medical forecasts smaller income decline as cost inflation eases
Fresenius Medical forecasts smaller income decline as cost inflation eases By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) ..
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Cynomi and Grant Thornton Partner to Enhance Cybersecurity Services for SMBs
Cynomi and Grant Thornton Partner to Enhance Cybersecurity Services for SMBs Tel Aviv, Israel, August 2nd, 2023, FinanceWire Cynomi, a..
TECHNOLOGY
Analysis-Point of no return: Australians fight for the right to work from home permanently
Analysis-Point of no return: Australians fight for the right to work from home permanently By Byron Kaye SYDNEY (Reuters) – Befo..
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BP to defend its rights in dispute with Venture Global LNG; other clients weigh options
BP to defend its rights in dispute with Venture Global LNG; other clients weigh options By Ron Bousso, Curtis Williams and Andrei Khal..
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Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow
Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow By Yuvraj Malik (Reuters) – Apple is likely to report a ..
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4 Essential Tips for New Retail Business Owners
4 Essential Tips for New Retail Business Owners Are you ready to take the plunge and enter into the world of retail business ownership..
BUSINESS
European shares retreat as factory activity falters
European shares retreat as factory activity falters By Sruthi Shankar (Reuters) -European stocks slipped on Tuesday, with the German D..
NEWS
Spain’s factory activity shrinks again in July on weak demand -PMI
Spain’s factory activity shrinks again in July on weak demand -PMI MADRID (Reuters) – Factory activity in Spain contracted..
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UK baker Greggs confident on 2023 after first-half growth
UK baker Greggs confident on 2023 after first-half growth LONDON (Reuters) – British bakery and fast food chain Greggs stuck to ..
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Covestro sees 2023 EBITDA at lower end of forecast range
(Reuters) – German chemicals maker Covestro on Tuesday said it expects its 2023 core profit to be at the lower end of its foreca..
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UK regulator seeks public input on Microsoft-Activision deal
UK regulator seeks public input on Microsoft-Activision deal LONDON (Reuters) -Britain’s antitrust regulator on Monday called fo..
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US futures inch up; stock markets ride higher on cooler inflation
US futures inch up; stock markets ride higher on cooler inflation By Nell Mackenzie LONDON (Reuters) – U.S. share futures treade..
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Canada’s Trudeau sets sights on fourth election fight with Cabinet refresh
Canada’s Trudeau sets sights on fourth election fight with Cabinet refresh By Steve Scherer OTTAWA (Reuters) -Canadian Prime Min..
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Boeing supplier Senior sees strong H2 as demand picks up, supply issues ease
Boeing supplier Senior sees strong H2 as demand picks up, supply issues ease By Eva Mathews (Reuters) -Britain’s Senior forecast..
NEWS
Britain commits to hundreds of North Sea oil and gas licences
Britain commits to hundreds of North Sea oil and gas licences By Sachin Ravikumar and Susanna Twidale LONDON (Reuters) -Britain on Mon..
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Manchester United renews Adidas partnership in $1.1 billion 10-yr deal
Manchester United renews Adidas partnership in $1.1 billion 10-yr deal (Reuters) -Manchester United on Monday renewed the soccer club&..
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Papaya Global Makes Historical Impact – First Payroll & Payments Company Included in TIME100’s 2023 Most Influential Companies List
Papaya Global Makes Historical Impact – First Payroll & Payments Company Included in TIME100’s 2023 Most Influential C..
BUSINESS
France’s TDF explores fibre unit sale for upwards of 1 billion euros – sources
France’s TDF explores fibre unit sale for upwards of 1 billion euros – sources By Andres Gonzalez and Amy-Jo Crowley LONDON (Reu..
NEWS
Analysis-Dwindling excess savings could scupper markets’ soft-landing hopes
LONDON (Reuters) – Markets have high hopes for a soft landing for the economy, with bonds and equities rallying. Yet a sharp dra..
NEWS
At Europe’s big banks, women make some gains despite Rose exit
At Europe’s big banks, women make some gains despite Rose exit By Brenna Hughes Neghaiwi and Tom Sims ZURICH (Reuters) -Alison R..
NEWS
UK banks back in political crosshairs after Farage fiasco
UK banks back in political crosshairs after Farage fiasco By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) -After mo..
NEWS
Swiss National Bank posts $15 billion loss during second quarter
Swiss National Bank posts $15 billion loss during second quarter ZURICH (Reuters) – The Swiss National Bank posted a second quar..
NEWS
Banks need better model risk management – Here’s how to build a robust framework
Banks need better model risk management – Here’s how to build a robust framework By Kshitij Jain, Senior Vice Presi..
BANKING
Kinesis partners with Valaurum to produce circulating physical gold bills
Kinesis partners with Valaurum to produce circulating physical gold bills London, United Kingdom, July 27th, 2023, FinanceWire Kinesis..
FINANCE