All Posts

New Chief Financial Officer appointed at Deko to further strengthen executive leadership team

New Chief Financial Officer appointed at Deko to further strengthen executive leadership team

  Joseph Tucker joins from NewDay with a deep market understanding of both the consumer credit sector and Deko specifically Deko,..

Business

Eight Advisory appoints Marta Marczak as Global Marketing & Communications Director

Eight Advisory appoints Marta Marczak as Global Marketing & Communications Director

    Eight Advisory, the fast-growing independent European advisory firm specialising in transactions, restructuring and business transformation, ..

Dollar edges down from six-week peak, Swedish crown jumps

Dollar edges down from six-week peak, Swedish crown jumps

By Samuel Indyk LONDON (Reuters) – The dollar edged lower on Monday but kept close to Friday’s six-week high, after a flur..

Britain’s post-Brexit asset management revamp eyes liquidity, tokenisation

Britain’s post-Brexit asset management revamp eyes liquidity, tokenisation

By Huw Jones LONDON (Reuters) -Britain set out plans on Monday for a post-Brexit review of its rules for the 11 trillion pound ($13.2 ..

Shares steady, dollar dips as US holiday lifts rates gloom

Shares steady, dollar dips as US holiday lifts rates gloom

By Amanda Cooper LONDON (Reuters) -Global shares inched up on Monday as a U.S. holiday tempered volatility ahead of minutes of the lat..

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..

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..

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..

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..

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..

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..

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..

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..

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..

Shares fall with oil prices amid concerns about U.S. Fed rate hikes

Shares fall with oil prices amid concerns about U.S. Fed rate hikes

By Sinéad Carew NEW YORK (Reuters) – Stock markets around the globe fell on Friday and oil prices settled lower after U.S. econo..

Hawkish ECB comments push up rate-hike expectations

Hawkish ECB comments push up rate-hike expectations

By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to ris..

Exclusive-Microsoft’s Bing plans AI ads in early pitch to advertisers

Exclusive-Microsoft’s Bing plans AI ads in early pitch to advertisers

By Sheila Dang (Reuters) – Microsoft has started discussing with ad agencies how it plans to make money from its revamped Bing s..

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 &..

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..

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..

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,..

Dollar advances as strong U.S. data backs higher rates backdrop

Dollar advances as strong U.S. data backs higher rates backdrop

By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies on..

Dollar rises to six-week peak as strong U.S. retail sales bolster higher-rates scenario

Dollar rises to six-week peak as strong U.S. retail sales bolster higher-rates scenario

By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The dollar climbed to a six-week peak against a currency bas..

Slowdown in UK inflation eases pressure on Bank of England

Slowdown in UK inflation eases pressure on Bank of England

By Andy Bruce and William Schomberg LONDON (Reuters) – British inflation fell by more than expected in January and there were si..

With the launch of charity Communities for Nature, responsible corporates have a new way to take effective action on the environment

With the launch of charity Communities for Nature, responsible corporates have a new way to take effective action on the environment

  Communities for Nature already channeling transformational support on education and conservation to communities in the Philippi..

Inflation set to add £18.2 billion to UK non-food retail sales in 2023 

Inflation set to add £18.2 billion to UK non-food retail sales in 2023 

  New research from Metapack, ShipStation and Retail Economics shows shoppers may have to pay more for less in 2023 as inflation ..

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to a six-week high against the yen and climbed from a roughly t..

Sterling gains after strong jobs data add to pressure on BOE

Sterling gains after strong jobs data add to pressure on BOE

LONDON (Reuters) – The pound rose against the dollar and euro on Tuesday after data showed British wages rose quicker than expec..

TUI sees strong summer bookings as travel recovery gains momentum

TUI sees strong summer bookings as travel recovery gains momentum

By Joanna Plucinska LONDON (Reuters) -Holiday group TUI said on Tuesday it was seeing encouraging booking trends for summer and next w..

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..

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..

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 ..

Nano One Awarded $10 million from Sustainable Development Technology Canada

Nano One Awarded $10 million from Sustainable Development Technology Canada

Vancouver, Canada (TSX: NANO) (OTC: NNOMF) (Frankfurt: LBMB)  $10 million in non-dilutive support from SDTC helps:    Fast track and ..

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 ..

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..

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..

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..