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..
Finance
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UK new car sales rise in January, full-year sales to top last year – SMMT
(Reuters) – New car registrations in the United Kingdom rose for the sixth straight month, recording a 14.7% annual rise in Janu..
Business
UK watchdog warns crypto firms to prepare for advertising rule change
LONDON (Reuters) -Britain’s financial watchdog warned crypto businesses on Monday to get ready for a rule change on advertising ..
Headlines
U.S. job growth powers ahead; unemployment rate at 3.4%
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated sharply in January while the unemployment rate hit a more t..
Business
Euro zone inflation seen just above ECB’s target in 2025, poll shows
FRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank’..
Headlines
Kering recruits Estee Lauder exec for push into cosmetics
PARIS (Reuters) – French luxury goods group Kering said Friday it was entering the cosmetics business, with the announcement tha..
Headlines
Lockmaker Assa Abloy boosts dividend, but wary on outlook
STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profi..
Headlines
TomTom raises 2023 revenue outlook as automotive drives Q4 beat
By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom raised its 2023 revenue forecast on Friday, after pos..
Headlines
France seeks strategy as nuclear waste site risks saturation point
By Benjamin Mallet LA HAGUE, France (Reuters) – At a nuclear waste site in Normandy, robotic arms guided by technicians behind a..
Headlines
Tech earnings hit pause button on market rally
By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message..
Headlines
Billionaire Cohen builds stake in Nordstrom, urges board shakeup
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to pus..
Headlines
Ford posts lower profit, issues downbeat outlook; shares drop
By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday said quarterly profits fell and the automaker predicted ..
Headlines
Oil slumps on economic data, stronger U.S. dollar
By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. industrial-linked factory orders dipped, while the d..
Headlines
Finboot further strengthens board with appointment of former CIO of Evonik, Dr Bettina Uhlich, as non-executive director
Finboot is announcing today it has appointed former Evonik Chief Information Officer and Head of Global IT Services, Dr Betti..
Business
Apple’s weak iPhone sales drive first profit miss since 2016
By Stephen Nellis (Reuters) – Apple Inc on Thursday reported sales and profits that missed Wall Street expectations driven by we..
Business
NEFC group deploys infor ERP to transform operations in UAE and Ethiopia
Dealer of heavy machinery and equipment for construction, agricultural and automotive markets gains agility with Infor M3 as it plans ..
Headlines
Central banks hike rates again, but a pause is coming
LONDON (Reuters) – Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns...
Finance
Fed rates up, BoE up, ECB up, stocks up
By Marc Jones LONDON (Reuters) – Higher stock markets showed the bulls were still firmly in charge on Thursday as the European C..
Finance
How a ‘giving back’ ethos benefits businesses and charities alike
By Angela Fee, Head of Mattering & Impact (Marketing) at AnswerConnect In a world where ethics are at t..
Business
The probability of a winter recession in Europe is diminishing
By Frédérique Carrier, Head of Investment Strategy for RBC Wealth Management in the British Isles and Asia Preliminary ac..
Finance
UK seeing exodus of R&D activity, research reveals
Blow to ‘Science Superpower’ as more than two thirds of UK firms set up R&D activity abroad in 2022, with a noticeable tr..
Finance
Roche flags 2023 earnings decline on slump in COVID products
By Ludwig Burger BASEL (Reuters) – Roche warned of a decline in 2023 earnings, as revenue growth from new drugs, including its h..
Headlines
Julius Baer 2022 profits fall as it hits business cycle targets
ZURICH (Reuters) – Julius Baer on Thursday said net profit fell 12% in 2022 in a tough market environment, as the Swiss bank sai..
News
Exclusive: Volvo readies EV blitz in biggest product revamp under Geely
By Norihiko Shirouzu (Reuters) – Volvo Cars is gearing up for an electric blitz to convert all its mainstay models – three..
News
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 ..
Finance
Investors go back to basics with simpler self-driving vehicles
By Nick Carey and Paul Lienert COVENTRY, England (Reuters) – Developing fully autonomous vehicles (AVs) that can go everywhere h..
Technology
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 ..
Finance
UK and EU reach post-Brexit customs deal for N.Ireland-The Times
LONDON (Reuters) -Britain and the European Union have struck a customs deal that could help end post-Brexit wrangling over Northern Ir..
Headlines
Asia’s factory activity contracts despite China’s COVID reopening
By Leika Kihara TOKYO (Reuters) – Asia’s factory activity contracted in January as the boost from China’s COVID reop..
Headlines
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 ..
Headlines
Wage data dents dollar recovery before Fed rate decision
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday, giving up earlier gains, after data showed U.S. labor costs i..
Headlines
United Insurance Brokers Limited partners with KYND to help businesses gain control over cyber exposure and enable successful risk transfer
LONDON, UK 31st January 2023 – KYND Limited, a provider of cutting-edge cyber risk management technology and services, today ann..
Technology
Oghma Partners advises C.T. Holmes Limited on sale to Brasmar
Oghma Partners is today pleased to announce that it acted as exclusive financial advisor to the shareholders of UK-based C.T. Holmes L..
Headlines
Global invoice financing group supports Indian clothing and textile manufacturer dealing with post-covid struggles
Incomlend provides leading garment producer with access to quick turnaround working capital, helping them navigate post-Covid markets ..
Finance
Who Foots the Bill?
Data breach is almost inevitable – which means it is vital that companies and their Managed Services Providers (MSPs) unde..
Technology
How To Fund Your Startup in 2023
2023 could be the year that you finally develop the business idea you have been working on. You might have all of the elements in plac..
Business
Nissan and Renault agree to overhaul alliance, this time as equals
By Maki Shiraki and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan Motor Co and Renault SA agreed on Monday to a sweeping remake of th..
Headlines