Foxconn chairman holds talks with Sharp employees in Japan after profit slump
Foxconn chairman holds talks with Sharp employees in Japan after profit slump TAIPEI (Reuters) -Foxconn Chairman Liu Young-way held ta..
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Samsung profit likely lowest in more than 14 years as chip glut persists
Samsung profit likely lowest in more than 14 years as chip glut persists By Joyce Lee SEOUL (Reuters) -Samsung Electronics’ June..
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UK regulator orders investment funds to manage liquidity better
By Huw Jones LONDON (Reuters) – Some asset managers face sanctions for failing to manage liquidity properly, posing risks to mar..
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US crude oil gains on supply cuts, focus shifts to holiday demand
By Shariq Khan BENGALURU (Reuters) – U.S. crude oil gained about 3% on Wednesday, narrowing the price gap with global benchmark ..
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Harnessing AI and machine learning for fraud detection in trade finance
Harnessing AI and machine learning for fraud detection in trade finance Banks, retailers, and other companies rely on trade finance co..
TECHNOLOGY
Euro zone consumers see lower inflation ahead – ECB poll
Euro zone consumers see lower inflation ahead – ECB poll FRANKFURT (Reuters) -Euro zone consumers in May cut their inflation exp..
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Adidas HR chief latest board member to leave since arrival of Gulden as CEO
Adidas HR chief latest board member to leave since arrival of Gulden as CEO BERLIN (Reuters) – Adidas said on Wednesday that its..
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SBI Holdings to help Taiwan’s Powerchip build a plant in Japan
SBI Holdings to help Taiwan’s Powerchip build a plant in Japan TOKYO (Reuters) – Financial firm SBI Holdings said on Wedne..
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British lawmakers say new health agency had weak financial controls
LONDON (Reuters) – The UK Health Security Agency was set up with financial controls that were so weak parliament cannot establis..
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Thai headline inflation at 22-month low, lowers 2023 price rise forecast
Thai headline inflation at 22-month low, lowers 2023 price rise forecast BANGKOK (Reuters) -Thailand’s annual headline inflation..
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Singapore’s fight against inflation still on amid uncertain growth outlook -central bank
Singapore’s fight against inflation still on amid uncertain growth outlook -central bank By Xinghui Kok SINGAPORE (Reuters) R..
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Lamborghini sells out combustion engine models – WELT
Lamborghini sells out combustion engine models – WELT (Reuters) – Lamborghini’s combustion engine models are sold ou..
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China Investment sells some shares in Teck Resources
China Investment sells some shares in Teck Resources (Reuters) – China investment corporation (CIC) said on Tuesday its wholly-o..
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EV batteries remain major challenge for insurers – UK’s Thatcham
LONDON (Reuters) – A lack of data on electric vehicle (EV) batteries continues to challenge insurers who are forced to scrap EVs..
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Cyber insurance rates drop 10% in June -report
Cyber insurance rates drop 10% in June -report LONDON (Reuters) – Cyber insurance rates dropped around 10% in June compared with..
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UK refutes claims it is dropping $14.76 billion climate pledge
UK refutes claims it is dropping $14.76 billion climate pledge (Reuters) -The British government said on Tuesday that claims it was dr..
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Italy’s finances creak as budget deficit climbs in Q1
Italy’s finances creak as budget deficit climbs in Q1 By Gavin Jones and Giuseppe Fonte ROME (Reuters) – Italy’s bud..
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Oil up as market weighs supply cuts against gloomy economic outlook
LONDON (Reuters) -Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russ..
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German retailers face 4% slump in sales in real terms in 2023 – HDE
BERLIN (Reuters) – German retailers expect to bring in 4% less sales income this year than last in real terms as inflation remai..
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UniCredit appoints new head of digital to replace Jingle after two years
MILAN (Reuters) – UniCredit has named Ali Khan, a cloud specialist who joins from consultancy PwC, as its new head of digital an..
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Chinese smartphones sales exceed 70% of Russian market
(Reuters) – Chinese smartphones dominated the Russian market in the first half of 2023, exceeding 70% of all sales, leading cons..
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Sainsbury’s says UK food inflation falling as sales rise
Sainsbury’s says UK food inflation falling as sales rise By James Davey LONDON (Reuters) -Sainsbury’s, Britain’s sec..
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Twitter says users must be verified to access TweetDeck
Twitter says users must be verified to access TweetDeck By Sheila Dang (Reuters) -Twitter users will soon need to be verified in order..
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Arrival, Nikola signal more pain for EV startups
Arrival, Nikola signal more pain for EV startups (Reuters) -Arrival SA will terminate plans to merge with a blank-check firm and Nikol..
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Amazon rolls out first European Rivian vans in Germany
Amazon rolls out first European Rivian vans in Germany By Nick Carey (Reuters) – E-commerce giant Amazon will deploy its first E..
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Japan’s top lenders in fresh drive to win US investment banking deals
Japan’s top lenders in fresh drive to win US investment banking deals By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) -Ja..
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Cinepolis exec seen as CEO candidate for Cineworld – Sky News
(Reuters) – Cineworld Group is looking at Eduardo Acuna, who runs the Americas operations of Mexico’s Cinepolis, as a pote..
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A Journey towards a sustainable future: Leading the way for a greener tomorrow
By Michelle Medina, Global client relationship executive at PEARL LEMON Have you thought of enjoying your cup of c..
LIFESTYLE
Why financial services firms are banking on behavioural biometrics to beat fraud
Why financial services firms are banking on behavioural biometrics to beat fraud Rob Woods, Market Planning Director at LexisNexis Ris..
FINANCE
Fintechs want fraud prevention taught in schools as Britain becomes a passwordless society
Fintechs want fraud prevention taught in schools as Britain becomes a passwordless society 94% of financial services providers includ..
TECHNOLOGY
UK demands better deal for drivers in road fuel market
UK demands better deal for drivers in road fuel market By James Davey LONDON (Reuters) -Britain will require supermarkets and retailer..
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Oil giants drill deep as profits trump climate concerns
Oil giants drill deep as profits trump climate concerns By Ron Bousso and Nerijus Adomaitis LONDON (Reuters) -Oil and gas companies ha..
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UBS goes on hiring spree for wealth managers catering to rich Americans
UBS goes on hiring spree for wealth managers catering to rich Americans By Tatiana Bautzer NEW YORK (Reuters) -UBS has gone on a U.S. ..
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World stocks rally, Nikkei closes at 33-year peak
World stocks rally, Nikkei closes at 33-year peak By Dhara Ranasinghe LONDON (Reuters) -World stocks rose to a two-week peak on Monday..
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UK banks asked by lawmakers if they’re ‘exploiting’ savers with low rates
UK banks asked by lawmakers if they’re ‘exploiting’ savers with low rates By Iain Withers LONDON (Reuters) -British ..
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Casino shares plunge as supermarket chain faces increased default risk
Casino shares plunge as supermarket chain faces increased default risk PARIS (Reuters) -Shares in France’s Casino plunged by as ..
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Panasonic needs four more EV battery plants, executive says
OSAKA, Japan (Reuters) -The battery arm of Japan’s Panasonic will need to build four more factories to reach its target for a sh..
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