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Global equity funds attract inflows on hopes for end to Fed rate rises

Global equity funds attract inflows on hopes for end to Fed rate rises

(Reuters) – Global equity funds attracted robust inflows in the seven days leading to Nov. 22, spurred by growing expectations t..

Web3 Builders Look to Alternate Growth Model with BNB Chain as Bear Market Funding Drops by 84%

Web3 Builders Look to Alternate Growth Model with BNB Chain as Bear Market Funding Drops by 84%

BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, is highlighting the ..

Factbox-UK’s Hunt sets out plans to boost economic growth

Factbox-UK’s Hunt sets out plans to boost economic growth

LONDON (Reuters) – British finance minister Jeremy Hunt announced on Wednesday cuts to personal taxation and efforts to boost bu..

BNB Chain Sees 1-year Transaction High; Demonstrates Network Reliability After BSC Surge

BNB Chain Sees 1-year Transaction High; Demonstrates Network Reliability After BSC Surge

November 19 saw BSC record more than 9.5M transactions in a single day Earlier in the week, BSC demonstrated gas price stability durin..

Maersk enters deal for half a million tonnes of green methanol annually

Maersk enters deal for half a million tonnes of green methanol annually

COPENHAGEN (Reuters) -Maersk on Wednesday announced it had entered into the shipping industry’s first large-scale agreement for ..

US stocks edge higher ahead of holiday, crude tumbles

US stocks edge higher ahead of holiday, crude tumbles

NEW YORK (Reuters) -U.S. stocks resumed their uphill climb led by interest rate sensitive megacaps on Wednesday, while crude prices sl..

Nvidia shares drop as China worries overshadow stellar forecast

Nvidia shares drop as China worries overshadow stellar forecast

(Reuters) – Nvidia shares fell nearly 4% on Wednesday on fears that widening U.S. chip curbs would sap growth in China, its thir..

Dollar strengthens after U.S. labor, consumer sentiment data

Dollar strengthens after U.S. labor, consumer sentiment data

NEW YORK (Reuters) – The dollar index rose on Wednesday, bouncing back from a 2-1/2 month low after economic data showed the num..

Temu, Shein far lag Amazon as online holiday shopping ramps up

Temu, Shein far lag Amazon as online holiday shopping ramps up

NEW YORK (Reuters) – Upstart online retailers Temu.com and Shein are drawing millions of window-shoppers to their websites this ..

FTSE 100 snaps two-day losing streak on Sage results

FTSE 100 snaps two-day losing streak on Sage results

(Reuters) -The UK’s FTSE 100 rose on Wednesday, as higher prices of gold spurred an uptick in precious metal miners, while Sage ..

Sam Altman’s return to OpenAI: tracking the Silicon Valley upheaval

Sam Altman’s return to OpenAI: tracking the Silicon Valley upheaval

(Reuters) -OpenAI said late on Tuesday Sam Altman would return to the company as CEO, capping days of high drama and marathon discussi..

Euro zone’s shadow banks face risk of margin calls, ECB says

Euro zone’s shadow banks face risk of margin calls, ECB says

FRANKFURT (Reuters) – Euro zone shadow banks face the risk of receiving large margin calls or client redemptions they cannot mee..

DIY retailer Kingfisher cuts profit outlook again on weak French market

DIY retailer Kingfisher cuts profit outlook again on weak French market

LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook for the second ti..

Enel to invest 36 billion euros by 2026, be more selective on renewables

Enel to invest 36 billion euros by 2026, be more selective on renewables

MILAN (Reuters) -Italy’s Enel plans 35.8 billion euros ($39 billion) gross capital expenditure in the next three years in a more..

EU lawmakers urge COP28 climate summit to take aim at fossil fuels

EU lawmakers urge COP28 climate summit to take aim at fossil fuels

BRUSSELS (Reuters) – The European Parliament called on Tuesday for a global deal at the U.N. COP28 climate summit to phase out f..

Britain to launch South Korea trade talks as president visits

Britain to launch South Korea trade talks as president visits

LONDON (Reuters) -Britain rolled out the red carpet for South Korea’s president on Tuesday at the start of a state visit intende..

Siemens Energy’s struggling wind unit plans $436 million in cost cuts

Siemens Energy’s struggling wind unit plans $436 million in cost cuts

FRANKFURT/DUESSELDORF (Reuters) -Siemens Gamesa, the struggling wind division of Germany’s Siemens Energy, plans to cut costs by..

How to become a finance manager

How to become a finance manager

In the dynamic world of finance, aspiring professionals often find themselves on a quest to become a finance manager, a role that not ..

How to finance a mobile home

How to finance a mobile home

In recent years, mobile homes have gained popularity as an affordable and flexible housing option. Whether you’re a first-time h..

Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere

Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere

LONDON (Reuters) -Israel’s military offensive in Gaza following an Oct. 7 attack by the enclave’s ruling Islamist group Ha..

BBC scraps UK Top Gear show for ‘foreseeable future’ following crash

BBC scraps UK Top Gear show for ‘foreseeable future’ following crash

LONDON (Reuters) – The British version of the globally popular BBC car show ‘Top Gear’ will not return for the fores..

Spain’s Grenergy to expand in US under $2.8 billion plan

Spain’s Grenergy to expand in US under $2.8 billion plan

MADRID (Reuters) – Spain’s Grenergy plans to more than double its U.S. solar power generation projects pipeline in the nex..

Former fraud victim takes to tech to tackle increase in identity fraud

Former fraud victim takes to tech to tackle increase in identity fraud

David Kern, CEO and founder of VirtualSignature-ID writes: “Professional services firms play a crucial role in combatting ..

Firmer pound weighs on FTSE 100 ahead of interim budget; Ashtead tanks

Firmer pound weighs on FTSE 100 ahead of interim budget; Ashtead tanks

(Reuters) -UK’s FTSE 100 dipped on Monday, weighed by a stronger pound and a slide in shares of equipment rental firm Ashtead Gr..

European shares inch up after robust week; Bayer tanks

European shares inch up after robust week; Bayer tanks

(Reuters) -European shares edged higher on Monday after a strong week driven by aggressive bets on interest rate cuts, while drugs-to-..

From Lululemon to Birkenstock, duplicate styles lure holiday shoppers

From Lululemon to Birkenstock, duplicate styles lure holiday shoppers

NEW YORK (Reuters) – Lauren Maginness is a fan of Lululemon. But the 31-year-old product marketer in New York City is increasing..

Brent, US crude futures climb over 2% as OPEC cuts expected

Brent, US crude futures climb over 2% as OPEC cuts expected

HOUSTON (Reuters) -Brent and U.S. crude futures climbed more than 2.5%, gaining $2 a barrel on Monday, as further supply cuts in OPEC+..

OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist

OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist

SAN FRANCISCO (Reuters) -OpenAI named ex-Twitch boss Emmett Shear as interim CEO, while outgoing chief Sam Altman moved to backer Micr..

Factbox-German budget crisis tests limits of its ‘debt brake’

Factbox-German budget crisis tests limits of its ‘debt brake’

BERLIN (Reuters) – Germany’s constitutional court ruled last week that the coalition government’s decision to re-all..

Who is OpenAI interim CEO Emmett Shear?

Who is OpenAI interim CEO Emmett Shear?

(Reuters) -ChatGPT-maker OpenAI has named ex-Twitch boss Emmett Shear as its interim chief executive officer after the startup ousted ..

UK says new science initiative to work on climate-resilient crops

UK says new science initiative to work on climate-resilient crops

LONDON (Reuters) – British Prime Minister Rishi Sunak will announce a new science initiative to bring together work on developin..

Factbox-What is OPEC+ and how does it impact oil prices?

Factbox-What is OPEC+ and how does it impact oil prices?

(Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ an..

National Grid’s Massachusetts utilities submit clean energy investment plan

National Grid’s Massachusetts utilities submit clean energy investment plan

(Reuters) – Britain’s National Grid said on Friday its two utility firms in Massachusetts have submitted a clean energy in..

BP seeks partnerships to navigate renewables storm

BP seeks partnerships to navigate renewables storm

BERLIN/LONDON (Reuters) – BP is seeking partners for offshore wind projects in Japan and may invest in hydrogen technology compa..

Analysis-Fewer shoppers in Burberry stores complicates design overhaul

Analysis-Fewer shoppers in Burberry stores complicates design overhaul

PARIS (Reuters) – The slowdown in the luxury market following a post-pandemic boom could not come at a worse time for Burberry, ..

Dollar poised for steep weekly fall, yen trades below 150

Dollar poised for steep weekly fall, yen trades below 150

NEW YORK/LONDON (Reuters) -The dollar headed toward one of its steepest weekly declines versus other major currencies this year on Fri..

Dollar poised for steep weekly fall, yen trades below 150

Dollar poised for steep weekly fall, yen trades below 150

NEW YORK/LONDON (Reuters) -The dollar headed toward one of its steepest weekly declines versus other major currencies this year on Fri..