FINANCE

Covestro sees lower 2023 profit, cash flow as macro challenges prevail

Covestro sees lower 2023 profit, cash flow as macro challenges prevail

By Bartosz Dabrowski and Andrey Sychev (Reuters) -German chemicals maker Covestro said on Thursday it expected lower core profit and l..

Switzerland’s Clariant sees slight sales drop in 2023

Switzerland’s Clariant sees slight sales drop in 2023

(Reuters) -Clariant said on Thursday it expects annual sales to slightly decline in 2023 after reporting sales for the full year fairl..

Dollar slips, yuan gains on China PMI; hot inflation lifts euro

Dollar slips, yuan gains on China PMI; hot inflation lifts euro

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar slid and China’s yuan gained on Wednesday after Chin..

AI and Social Media Are Revolutionizing Personal Finance in 2023

AI and Social Media Are Revolutionizing Personal Finance in 2023

By Jaideep Singh, CEO, FlyFin With the new year comes the opportunity to peer into the crystal ball and get a handle on what might hap..

The Ultimate Excel Sales Tracking Templates For Businesses

The Ultimate Excel Sales Tracking Templates For Businesses

Sales tracking is an essential part of any business. Not only do you need to know where your money is going, but you also need to trac..

3 Options to Consider When You Owe The IRS Back Taxes

3 Options to Consider When You Owe The IRS Back Taxes

Owing money to the IRS in the form of back taxes can be a stressful situation. There are many reasons why you might not have been able..

Love in a time of inflation: how much will Valentine’s Day set you back?

Love in a time of inflation: how much will Valentine’s Day set you back?

By Richa Naidu LONDON (Reuters) -This Valentine’s Day is set to look different after a year of record food inflation that has se..

Enterprise automation is the future of finance

Enterprise automation is the future of finance

By Zahi Yaari, VP EMEA at SnapLogic The economic downturn – now officially a recession in the UK – may seem a good reason ..

Italy inflation-adjusted retail sales fell in 2022

Italy inflation-adjusted retail sales fell in 2022

ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with cons..

ECB survey shows rising inflation expectations despite energy price falls

ECB survey shows rising inflation expectations despite energy price falls

FRANKFURT (Reuters) – Euro zone consumer expectations for inflation edged up again in December, a European Central Bank survey s..

UK house prices stabilise after four-month fall, Halifax says

UK house prices stabilise after four-month fall, Halifax says

LONDON (Reuters) – British house prices were unchanged in January after falling in month-on-month terms in each of the previous ..

Marketmind: Rates start to bite

Marketmind: Rates start to bite

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks on Tuesday come off the..

FINANCE

Global shares slide, dollar gains as rates rise on strong data

Global shares slide, dollar gains as rates rise on strong data

By Herbert Lash and Amanda Cooper WASHINGTON (Reuters) – Global equity markets slid and the dollar firmed on Monday after data showing a resilie..

Bank of England’s Mann doubles down on backing for rate hikes

Bank of England’s Mann doubles down on backing for rate hikes

By Gergely Szakacs BUDAPEST (Reuters) – Bank of England rate-setter Catherine Mann on Monday backed further increases in interes..

Dollar falls to nine-month low as Powell notes progress in disinflation

Dollar falls to nine-month low as Powell notes progress in disinflation

By Karen Brettell NEW YORK (Reuters) – The dollar extended losses on Wednesday and fell to a nine-month low against a basket of ..

UK shop price inflation hits record 8% in January: BRC

UK shop price inflation hits record 8% in January: BRC

By David Milliken LONDON (Reuters) – Prices in British shops in January were 8.0% higher than a year before, the biggest annual ..

Euro zone economic sentiment rises in January to seven-month high

Euro zone economic sentiment rises in January to seven-month high

BRUSSELS (Reuters) -Euro zone economic sentiment rose to a seven-month high in January on more optimism across all sectors except cons..

Bank of England set to hike to 4% as rate peak looms

Bank of England set to hike to 4% as rate peak looms

By David Milliken LONDON (Reuters) – The Bank of England looks on course to raise its main interest rate by half a percentage po..

German inflation rate to ease over course of 2023 – econ minister

German inflation rate to ease over course of 2023 – econ minister

BERLIN (Reuters) – German inflation will remain high at the beginning of 2023 before easing over the course of the year, Economy..

UK income inequality widens after pandemic dip

UK income inequality widens after pandemic dip

By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021/22 financial year after a d..

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

By Hari Kishan BENGALURU (Reuters) – Global economic growth is forecast to barely clear 2% this year, according to a Reuters pol..

How to make money from your phone

How to make money from your phone

How to make money from your phone Are you looking for ways to make money with your phone? If so, then you’re in luck! With the help of..

Finance management for small business

Finance management for small business

Finance management for small business There are many things that you need to keep in mind when it comes to financial management for a ..

What Skills and Areas of Knowledge Should Finance Teams Develop During 2023? 

What Skills and Areas of Knowledge Should Finance Teams Develop During 2023? 

    By Hugh Scantlebury, CEO & Founder at Aqilla  Accounting and finance software solutions that use automa..

The future of financial services: Tech evolution not revolution 

The future of financial services: Tech evolution not revolution 

By Travis Scholes, Commercial Director, LMS 2022 has been a particularly interesting year for the financial services sect..

The next frontier of payments

The next frontier of payments

        By Garðar Stefánsson, CEO – Rapyd Europe. In an increasingly febrile geopolitical envir..

There’s nothing artificial about the role of AI and data in the finance industry 

There’s nothing artificial about the role of AI and data in the finance industry 

    By Jon Horden, CEO, iKVA  Global data creation is projected to increase to more than 180 zettabytes by 2025..

The rise of “Finfluencers” presents unique opportunities but brands must proceed with caution

The rise of “Finfluencers” presents unique opportunities but brands must proceed with caution

      By Alexander Frolov, CEO and Co-Founder of HypeAuditor Just 8 per cent of UK adults have taken finan..

Biggest Economy in the World

Biggest Economy in the World

The world’s largest economies include China, the United States, Germany, Italy, Brazil, and France. These countries each have th..

World Bank warns global economy could easily tip into recession in 2023

World Bank warns global economy could easily tip into recession in 2023

By David Lawder WASHINGTON (Reuters) – The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the br..

Analysis-Central Europe’s path to lower inflation strewn with hazards

Analysis-Central Europe’s path to lower inflation strewn with hazards

By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s 25 basis point rate hike on Tuesday may signal an end to..

5 Ways to Improve Your Financial Literacy

5 Ways to Improve Your Financial Literacy

When managing your finances, understanding the fundamentals of budgeting, investing, and money management is essential for navigating ..

Big fall in euro zone inflation offers little help for ECB

Big fall in euro zone inflation offers little help for ECB

By Balazs Koranyi and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) -Euro zone inflation tumbled last month but underlying price press..

Euro zone economy sentiment rises in Dec, first time since start of Ukraine war

Euro zone economy sentiment rises in Dec, first time since start of Ukraine war

BRUSSELS (Reuters) – Euro zone economic sentiment improved in December for the first time since the start of the war in Ukraine,..

Green bonds are set to drive corporate ESG debt out of slump in 2023 -Barclays

Green bonds are set to drive corporate ESG debt out of slump in 2023 -Barclays

By Isla Binnie NEW YORK (Reuters) – Global sales of corporate bonds with environmental, social and governance (ESG) targets will..

Can Beijing Decouple Its Reopening From Growing Inflation in 2023?

Can Beijing Decouple Its Reopening From Growing Inflation in 2023?

As Beijing looks ahead to an economic reopening in 2023, a problem of particular concern is the risk of inflation that follows. Let..

Combatting economic uncertainty in 2023 with the payments sector

Combatting economic uncertainty in 2023 with the payments sector

By Spencer Hanlon, Global Head of Travel Payments and Head of Europe at Nium From supply issues to soaring utilities costs..