Equities gain, gold drops as fears of wider Middle East conflict ease
NEW YORK/LONDON (Reuters) -Investors scaled back safe-haven bets on Monday as worries over a wider Middle East conflict eased, boostin..
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World’s workers increasingly at risk as climate changes, ILO says
GENEVA (Reuters) -More than 70% of the global workforce is exposed to risks linked to climate change that cause hundreds of thousands ..
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Social Responsibility and Mental Health Education Go Hand in Hand, According to Dr. Olivia West
When corporations only think of their profits, the rest of the world is negatively affected. This could be seen in climate change, red..
Lifestyle
David Malcolm Discusses Negotiating Lessons from the Hollywood Strikes
Throughout his five-decade career, Cal West Apartments’ President David Malcolm has learned a thing or two about negotiating. He has n..
Business
Hedge fund borrowing hits five-year peak, Goldman Sachs says
LONDON (Reuters) – Global hedge fund borrowing rose to a five-year high in the week to April 19, a Goldman Sachs note showed, as..
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After VW plant victory, UAW sets its sights on Mercedes in Alabama
CHATTANOOGA, Tennessee (Reuters) – The United Auto Workers has made history by winning its first unionization vote at an auto fa..
News
London shares rebound as fears of wider Middle East conflict ebb
(Reuters) -London stocks gained 1% on Monday, following last week’s sharp selloff, as fears of the Middle East crisis escalating..
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UK’s struggling Thames Water proposes spending more on environmental improvements
LONDON (Reuters) -Britain’s Thames Water has proposed spending an additional 1.1 billion pounds ($1.36 billion) on environmental..
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Automakers hope for a cut as two-way EV charging becomes real
LONDON (Reuters) – Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating ..
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UK supermarket Asda says 2023 underlying profit up 24%
LONDON (Reuters) – Asda, Britain’s third biggest supermarket group, reported a 24% rise in annual earnings on Monday that ..
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Prince Harry’s privacy case against Murdoch tabloids to proceed as planned
LONDON (Reuters) – Prince Harry’s privacy case has avoided a major delay after London’s High Court rejected an appli..
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UK retail sales stagnate despite easing inflation
LONDON (Reuters) -British retail sales stagnated in March despite high inflation easing recently, representing the first time that the..
Business
Scotland ditches 2030 climate target to cut emissions by 75%
LONDON (Reuters) -Scotland on Thursday scrapped its target of cutting climate-damaging greenhouse gas emissions by 75% by 2030, blamin..
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Meta releases early versions of its Llama 3 AI model
NEW YORK (Reuters) – Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an imag..
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Industrials boost STOXX 600 as earnings season rolls in
(Reuters) -European shares rose on Thursday, boosted by industrials after Swiss engineering company ABB touched a record high followin..
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Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets
(Reuters) -Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this ye..
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ABB more confident about 2024 despite China slowdown
ZURICH (Reuters) -ABB expects faster revenue growth in the coming months, with growth in markets such as the United States and India h..
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Danone beats first-quarter sales forecasts, keeps 2024 goals
PARIS/LONDON (Reuters) -Danone posted stronger-than-expected quarterly sales on Thursday, with all businesses delivering volume growth..
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Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown
(This April 16 story has been refiled to correct the grammar in paragraph 6) HONG KONG (Reuters) – Morgan Stanley and HSBC are c..
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EU considers bringing emissions removal credits into carbon market
FLORENCE (Reuters) – The European Union is looking into whether to bring emissions removal credits into its carbon market, a mov..
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The three-smart steps to manufacturing excellence, the smart factory way
The future success of the manufacturing sector is now dependent on digital empowerment from physical systems to IT proces..
Business
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Prince Harry says travel industry must do more for local communities
Prince Harry says travel industry must do more for local communities
LONDON (Reuters) – Britain’s Prince Harry said it was crucial the travel industry did better by the local communities in vacation destinat..
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Navigation firm TomTom posts operating loss as auto sales slow
(Reuters) -Digital mapping company TomTom’s operating result turned to a wider-than-expected loss in the first quarter, hit by s..
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Just Eat Takeaway’s Q1 orders ‘disappoint’, shares fall
(Reuters) -Just Eat Takeaway reported first-quarter orders below expectations on Wednesday, sending its shares 5% lower. Favoured by i..
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LVMH shares rise after luxury giant’s Q1 sales offer element of reassurance
PARIS (Reuters) – LVMH shares rose on Wednesday, after the first quarter sales figures from the world’s largest luxury gro..
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UK inflation slows by less than expected to 3.2% in March
LONDON (Reuters) -British consumer price inflation slowed by less than expected to a two-and-a-half-year low of 3.2% in annual terms i..
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Analysis-Painful high rates wake-up call threatens global markets
LONDON (Reuters) – Fear that interest rates in major economies will stay relatively high is creeping back and threatens a painfu..
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IMF warns financial risks linger amid ‘soft landing’
WASHINGTON (Reuters) – The International Monetary Fund is cautioning against overexuberance in markets as investors look for cen..
Finance
docStribute appoints ex-Group CIO of Newcastle Building Society as Non-Executive Director
London-based RegTech company, docStribute, today announces the appointment of Manila McLean to the board of the Company as..
Business
Superdry plans to go private as it kicks off three-year turnaround plan
(Reuters) -British fashion chain Superdry announced a three-year restructuring plan on Tuesday and said a fund raising backed by its C..
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Jaguar develops energy-storage unit using Range Rover batteries
LONDON (Reuters) – Jaguar Land Rover has developed a mobile energy storage unit for sale in partnership with UK startup Allye En..
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Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2
(Reuters) -Telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted profit that beat expectations and said sales ..
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Swiss chemicals maker Sika posts 13.8% jump in Q1 sales
(Reuters) -Swiss chemicals maker Sika AG on Tuesday reported a 13.8% increase in its first-quarter sales and confirmed its outlook for..
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Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views
NEW YORK/LONDON (Reuters) -U.S. stocks sold off sharply on Friday while the dollar jumped as investors grappled with rising geopolitic..
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Oil slips as risk premium eases after Iran attack
NEW YORK (Reuters) -Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel proved to be less dam..
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Enduring allure: balancing beauty and wealth through jewellery investment
In a market where uncertain investment avenues such as bitcoin and non-fungible tokens (NFTs) continue to soar in popularity, jeweller..
Finance
Dollar jumps, yen weakest since 1990 after strong U.S. retail sales
NEW YORK (Reuters) – The dollar reached its highest since early November against a basket of currencies on Monday, and sent the ..
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