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Venom Foundation and Hub71 Partner to Accelerate Growth and Adoption of Blockchain Technologies from Abu Dhabi

Venom Foundation and Hub71 Partner to Accelerate Growth and Adoption of Blockchain Technologies from Abu Dhabi

Abu Dhabi, UAE, 20 February, 2023 – Venom Foundation, the first Layer-1 blockchain licensed by Abu Dhabi Global Market (ADGM), has tea..

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RICH, Wanda · Feb 20, 2023 · 4 min read

Scottish finance minister Kate Forbes to run for country’s leadership

Scottish finance minister Kate Forbes to run for country’s leadership

LONDON (Reuters) -Scottish finance minister Kate Forbes said on Monday she would run in the leadership contest to replace Nicola Sturg..

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RICH, Wanda · Feb 20, 2023 · 1 min read

Analysis-To raise prices or not? Consumer goods makers weigh bets on buyer strength

Analysis-To raise prices or not? Consumer goods makers weigh bets on buyer strength

By Jessica DiNapoli (Reuters) – Prices of everyday basics like Bounty paper towels and Cadbury chocolate may rise again this yea..

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RICH, Wanda · Feb 20, 2023 · 4 min read

Galois Capital flagship fund to close after FTX losses

Galois Capital flagship fund to close after FTX losses

By Nell Mackenzie and Elizabeth Howcroft LONDON (Reuters) -Galois Capital hedge fund founder Kevin Zhou said on Monday his flagship fu..

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RICH, Wanda · Feb 20, 2023 · 1 min read

Ericsson to cut 1,400 jobs in Sweden

Ericsson to cut 1,400 jobs in Sweden

STOCKHOLM (Reuters) -Telecoms gear maker Ericsson plans to cut about 1,400 jobs in Sweden as part of a broader plan to reduce costs gl..

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RICH, Wanda · Feb 20, 2023 · 0 min read

Turkey clears away rubble from earthquake, rescue efforts wind down

Turkey clears away rubble from earthquake, rescue efforts wind down

By Henriette Chacar and Ali Kucukgocmen ANTAKYA, Turkey (Reuters) – Turkey stepped up work to clear away rubble from collapsed b..

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RICH, Wanda · Feb 20, 2023 · 2 min read

Novartis names Firmenich CEO as chairman designate of Sandoz

Novartis names Firmenich CEO as chairman designate of Sandoz

ZURICH (Reuters) – Novartis on Monday announced the appointment of Gilbert Ghostine as chairman-designate of Sandoz, the generic..

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RICH, Wanda · Feb 20, 2023 · 0 min read

Novartis names Firmenich CEO as chairman designate of Sandoz

Novartis names Firmenich CEO as chairman designate of Sandoz

ZURICH (Reuters) – Novartis on Monday announced the appointment of Gilbert Ghostine as chairman-designate of Sandoz, the generic..

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RICH, Wanda · Feb 20, 2023 · 0 min read

Asia shares creep higher, wary on Fed and BOJ outlooks

Asia shares creep higher, wary on Fed and BOJ outlooks

By Wayne Cole SYDNEY (Reuters) – Asian shares edged up on Monday as a U.S. holiday made for slow trading ahead of minutes of the..

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RICH, Wanda · Feb 20, 2023 · 3 min read

Aussie supermarkets set to capitalise on high inflation, but softer demand ahead

Aussie supermarkets set to capitalise on high inflation, but softer demand ahead

By Harshita Swaminathan (Reuters) – Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-hig..

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RICH, Wanda · Feb 20, 2023 · 2 min read

Dollar buoyant as robust U.S. data keep Fed hawks in control

Dollar buoyant as robust U.S. data keep Fed hawks in control

By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Monday, supported by a strong run of economic data out of t..

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RICH, Wanda · Feb 20, 2023 · 2 min read

Exclusive-Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao

Exclusive-Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao

By Angus Berwick and Tom Wilson (Reuters) – Global cryptocurrency exchange Binance had secret access to a bank account belonging..

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RICH, Wanda · Feb 17, 2023 · 11 min read

G20 watchdog homes in on decentralised finance after FTX crash

G20 watchdog homes in on decentralised finance after FTX crash

By Huw Jones LONDON (Reuters) – The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle &..

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RICH, Wanda · Feb 17, 2023 · 2 min read

Mercedes-Benz to buy back up to 4 billion euros in shares by 2025

Mercedes-Benz to buy back up to 4 billion euros in shares by 2025

BERLIN (Reuters) -Mercedes Benz said on Thursday it plans to buy back up to 4 billion euros ($4.28 billion) of its shares over two yea..

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RICH, Wanda · Feb 17, 2023 · 1 min read

Gucci banks on private ‘salons’ for the ultra-rich to revive sales

Gucci banks on private ‘salons’ for the ultra-rich to revive sales

By Mimosa Spencer PARIS (Reuters) – Gucci is banking on new ultra-high-end “salons” offering merchandise priced at u..

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RICH, Wanda · Feb 17, 2023 · 3 min read

Ubisoft vows to get back to operating margin above 20% in medium term

Ubisoft vows to get back to operating margin above 20% in medium term

By Enrico Sciacovelli (Reuters) -French video game producer Ubisoft said it would reach operating margin above 20% in the medium term,..

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RICH, Wanda · Feb 17, 2023 · 1 min read

Uniper sells UAE marine fuels refinery to consortium including Montfort

Uniper sells UAE marine fuels refinery to consortium including Montfort

FRANKFURT/SINGAPORE (Reuters) -German utility Uniper has agreed to sell its oil refinery in the United Arab Emirates to a consortium o..

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RICH, Wanda · Feb 16, 2023 · 1 min read

Amazon grants 1.5 million euros to Dutch seaweed farm project

Amazon grants 1.5 million euros to Dutch seaweed farm project

AMSTERDAM (Reuters) – Amazon.com has granted 1.5 million euros ($1.6 million) to a Dutch project testing the viability of commer..

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RICH, Wanda · Feb 16, 2023 · 0 min read

Aldi UK to recruit 6,000 after strong Christmas trading

Aldi UK to recruit 6,000 after strong Christmas trading

LONDON (Reuters) – The British arm of German discounter Aldi said on Thursday it was looking to hire more than 6,000 workers, co..

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RICH, Wanda · Feb 16, 2023 · 0 min read

Holcim to acquire European roofs manufacturer FDT Flachdach Technologie

Holcim to acquire European roofs manufacturer FDT Flachdach Technologie

ZURICH (Reuters) – Switzerland’s Holcim is to acquire thermoplastic roofs manufacturer FDT Flachdach Technologie GmbH, the..

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RICH, Wanda · Feb 16, 2023 · 0 min read

Cisco forecast raise allays tech spending fears, lifts shares

Cisco forecast raise allays tech spending fears, lifts shares

By Yuvraj Malik (Reuters) -Cisco Systems Inc on Wednesday raised its full-year earnings forecast and delivered strong second-quarter r..

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RICH, Wanda · Feb 16, 2023 · 1 min read

Shopify’s revenue forecast fails to impress, shares fall

Shopify’s revenue forecast fails to impress, shares fall

Shopify’s revenue forecast fails to impress, shares fall By Nivedita Balu (Reuters) -Shopify Inc on Wednesday forecast slowing r..

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RICH, Wanda · Feb 16, 2023 · 1 min read

London’s FTSE 100 hits fresh record high as telecoms surge

London’s FTSE 100 hits fresh record high as telecoms surge

By Shashwat Chauhan (Reuters) – UK’s FTSE 100 rose to a record high on Tuesday as telecom stocks gained after Liberty Glob..

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RICH, Wanda · Feb 14, 2023 · 1 min read

Citi halted financing for Trafigura’s nickel deals in October – Bloomberg

Citi halted financing for Trafigura’s nickel deals in October – Bloomberg

(Reuters) -Citigroup Inc stopped financing nickel deals for commodity trader Trafigura with companies linked to Indian businessman Pra..

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RICH, Wanda · Feb 14, 2023 · 0 min read

Coca-Cola HBC’s annual profit beats, warns of price increases

Coca-Cola HBC’s annual profit beats, warns of price increases

By Radhika Anilkumar (Reuters) -Coca-Cola HBC AG on Tuesday reported better-than-expected full-year operating profit and said it will ..

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RICH, Wanda · Feb 14, 2023 · 1 min read

Oil prices dip on U.S. crude reserve release, inflation pressure

Oil prices dip on U.S. crude reserve release, inflation pressure

By Shadia Nasralla LONDON (Reuters) -Oil prices dipped on Tuesday after the U.S. government said it would release more crude from its ..

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RICH, Wanda · Feb 14, 2023 · 1 min read

Cryptoverse: Punk apes and a resurrection of NFTs

Cryptoverse: Punk apes and a resurrection of NFTs

By Medha Singh (Reuters) – It’s alive! The NFT market is twitching out of its torpor, defying reports of its demise. Total..

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RICH, Wanda · Feb 14, 2023 · 2 min read

Marketmind: Don’t break my heart

Marketmind: Don’t break my heart

A look at the day ahead in European and global markets from Anshuman Daga Today’s inflation numbers from the world’s bigge..

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RICH, Wanda · Feb 14, 2023 · 2 min read

IKEA stores owner Ingka says campaigns help boost store visits and sales

IKEA stores owner Ingka says campaigns help boost store visits and sales

By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) – Price cuts at IKEA as well as promotional campaigns which the budget fu..

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RICH, Wanda · Feb 14, 2023 · 1 min read

Liberty Global takes 5% ‘opportunistic’ stake in Vodafone

Liberty Global takes 5% ‘opportunistic’ stake in Vodafone

By Muvija M and Tiyashi Datta LONDON (Reuters) -U.S.-listed Liberty Global disclosed a near-5% stake in British telecom group Vodafone..

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RICH, Wanda · Feb 14, 2023 · 1 min read

Delivery Hero ramps up interest payments to raise 1 billion euro convertible bond

Delivery Hero ramps up interest payments to raise 1 billion euro convertible bond

By Pablo Mayo Cerqueiro (Reuters) – Germany’s Delivery Hero is offering investors significantly higher interest payments t..

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RICH, Wanda · Feb 14, 2023 · 2 min read

Saipem shares drop, group says cannot explain why

Saipem shares drop, group says cannot explain why

MILAN (Reuters) – Saipem does not have any information explaining Monday’s share movements, a spokesman for the Italian en..

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RICH, Wanda · Feb 14, 2023 · 1 min read

Europe’s spend on energy crisis nears 800 billion euros

Europe’s spend on energy crisis nears 800 billion euros

By Kate Abnett BRUSSELS (Reuters) – European countries’ bill to shield households and companies from soaring energy costs ..

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RICH, Wanda · Feb 13, 2023 · 2 min read

Sterling edges lower ahead of key data

Sterling edges lower ahead of key data

(Reuters) – Sterling edged lower on Monday at the start of a data-heavy week in which investors will scan inflation prints from ..

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RICH, Wanda · Feb 13, 2023 · 2 min read

A crane, for God’s sake’: Inside the struggles of Turkey’s earthquake response

A crane, for God’s sake’: Inside the struggles of Turkey’s earthquake response

ANTAKYA/ISTANBUL (Reuters) – Kevser said she could hear her two sons trapped beneath the rubble of their collapsed apartment bui..

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RICH, Wanda · Feb 13, 2023 · 7 min read

France leans on retailers to help consumers cope with food prices

France leans on retailers to help consumers cope with food prices

By Dominique Vidalon PARIS (Reuters) -France’s finance minister urged food retailers on Monday to do more to help consumers cope..

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RICH, Wanda · Feb 13, 2023 · 1 min read

Orpea shares jump on Q4 revenue and cash boost

Orpea shares jump on Q4 revenue and cash boost

PARIS (Reuters) – Shares in scandal-hit French care homes group Orpea surged on Monday after the company posted a nearly 8% rise..

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RICH, Wanda · Feb 13, 2023 · 1 min read