BASF dials up cost cuts in Germany, flags earnings rebound
FRANKFURT (Reuters) -Germany’s BASF will slash another 1 billion euros ($1.1 billion) in annual costs at its Ludwigshafen headqu..
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ECB reports record loss for 2023 as rate hikes bite
FRANKFURT (Reuters) – The European Central Bank on Thursday reported a record annual loss for 2023 and said further losses were ..
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Nailing remote work in media and casting: Dana Michell’s tips
Dana Michell Working from home in a media and casting gig can be the dream, right? No more morning traffic, no uncomfortab..
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China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market
BEIJING (Reuters) – China’s Xpeng on Thursday said it has established a strategic partnership with UAE-based Ali&Sons ..
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As Nikkei eclipses 34-year record, derivatives signal stall ahead
TOKYO (Reuters) – As Japan’s Nikkei catapults past its bubble-era peak and investors grow confident of future gains, flows..
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TotalEnergies Texas refinery running at minimal rates, say sources
HOUSTON (Reuters) -TotalEnergies’ 238,000-barrel-per-day (bpd) refinery in Port Arthur, Texas, is operating at minimal productio..
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Nestle misses sales estimates as price hikes deter shoppers
LONDON (Reuters) – Nestle reported full-year organic sales growth slightly below expectations on Thursday as the world’s b..
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Delivery Hero terminates talks on potential sale of foodpanda business in Southeast Asia
(Reuters) – German food delivery company Delivery Hero said on Wednesday that the ongoing talks for the potential sale of its fo..
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German economy in stormy waters as government slashes forecast
BERLIN (Reuters) -The German government expects the economy to grow 0.2% this year, far less than a previously forecast 1.3%, as weak ..
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London’s iconic BT Tower to become a hotel
LONDON (Reuters) -London’s iconic BT Tower is set to become a luxury hotel after the owner BT Group agreed to sell the 177-metre..
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The importance of maintaining business compliance and regulations
In the complex landscape of modern business, adherence to compliance and regulations is not just a legal necessity but a crucial comp..
Business
UK sees record monthly budget surplus, but tough picture ahead of budget
LONDON (Reuters) -Britain chalked up its highest ever monthly budget surplus in January due to record seasonal tax inflows, official f..
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Coffee group JDE Peet’s posts surprise growth in 2023 operating profit
(Reuters) -JDE Peet’s, one of the world’s largest coffee companies, on Wednesday reported an organic rise in 2023 operatin..
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Asian shares ease as early rate cut bets fizzle, focus on Fed minutes
SINGAPORE (Reuters) – Asian stocks eased on Wednesday as diminishing expectations of early interest rate cuts from the Federal R..
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Beijing shuts highways after heavy snowfall
BEIJING (Reuters) – Beijing shut some highways on Wednesday after heavier-than-expected snowfall hit the Chinese capital overnig..
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Crypto firm Circle to end support for USDC stablecoin on Tron blockchain
LONDON (Reuters) – Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision ..
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UK employers offer smaller pay rises at start of 2024, XpertHR survey shows
LONDON (Reuters) – British employers scaled back the annual pay settlements they offered to staff at the start of 2024, a survey..
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Citigroup raises CEO Jane Fraser’s 2023 pay by 6% to $26 million
(Reuters) -Citigroup increased Chief Executive Officer Jane Fraser’s compensation by about 6% to $26 million for 2023, the lende..
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The importance of backlinking in SEO for business websites
In the dynamic and ever-evolving landscape of digital marketing, Search Engine Optimization (SEO) plays a pivotal role in determining..
Business
Barclays plans cost cuts, bumper buybacks in bid to boost shares
LONDON (Reuters) -Barclays laid out a three-year plan to revive its flagging share price on Tuesday, including axing 2 billion pounds ..
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Dialysis firm FMC sees robust 2024 earnings growth after strong Q4
GDANSK (Reuters) – Fresenius Medical Care on Tuesday forecast its core earnings to grow by a mid- to high-teens percentage this ..
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China slashes mortgage reference rates to revive property market
SHANGHAI/SINGAPORE (Reuters) -China announced its biggest ever reduction in the benchmark mortgage rate on Tuesday, as authorities sou..
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Air Liquide tops profit forecast, hikes 2025 margin target
(Reuters) -French industrial gases firm Air Liquide on Tuesday posted a better-than-expected annual operating profit and said it had r..
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Marketmind: Wages will test wagers on rates
A look at the day ahead in European and global markets from Tom Westbrook Europe’s central bank has singled out wages as the sin..
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German homes are still overvalued despite price drop – Bundesbank
FRANKFURT (Reuters) – German homes are still overvalued despite a fall in prices last year as the cost of mortgages spiked, the ..
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Sterling inches higher after last week’s fall
LONDON (Reuters) – The pound edged slightly higher on Monday after falling last week, as investors waited for new impetus from s..
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Oppenheimer’ triumphs at BAFTA Film Awards with most win
LONDON (Reuters) -“Oppenheimer”, a three-hour epic about the making of the atomic bomb in World War Two, was the big winne..
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Marketmind: China markets look like they need another holiday
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. High hopes China’s markets would retur..
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UK property prices show first annual rise since August – Rightmove
LONDON (Reuters) – The prices of homes being put up for sale in Britain have risen in annual terms for the first time in six mo..
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France cuts 2024 growth forecast as outlook darkens
PARIS (Reuters) -French Finance Minister Bruno Le Maire said the government had lowered its forecast for 2024 GDP growth to 1% from 1...
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Factbox-Main winners at the 2024 BAFTA Film Awards
LONDON (Reuters) – Britain’s top movie honours, the BAFTA Film Awards, were handed out on Sunday at a ceremony in London. ..
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The importance of a mobile-friendly business website
In the ever-evolving digital landscape, having a mobile-friendly business website has become a non-negotiable aspect of online succes..
Technology
Leading with individuality – The mastermind behind “Valocracy”: Henna Karna’s approach to building “Mindful Teams”
Technological advancements have taken industries across the world by storm. Be it data analytics, artificial intelligence ..
Business
England’s NHS to trim main healthcare wait list ahead of election
LONDON (Reuters) -England’s health service will move about 40,000 pending child consultations for ADHD, autism and other conditi..
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Swedish January inflation up as expected, rate cut set for mid-year
STOCKHOLM (Reuters) – Headline Swedish inflation picked up pace as expected in January, data showed on Monday, and if the increa..
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Dollar stands firm as sticky US inflation dents rate cut expectations
SINGAPORE (Reuters) -The dollar was steady on Monday after data last week showing U.S. inflation remained sticky cast doubts on when t..
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Asia shares sputter as China returns with low energy
SYDNEY (Reuters) -Asian shares struggled to make much ground on Monday as fading chances for early rate cuts globally soured the mood ..
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