UK lenders trial government-backed loans for risky borrowers
LONDON (Reuters) – A handful of small UK commercial lenders are offering interest-free loans to high-risk borrowers, as part of ..
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As World Cup breaks records, Adidas, Nike navigate bumps in retail demand
LONDON/AUCKLAND (Reuters) – The unpredictability of the Women’s World Cup, with the U.S. knocked out early and a first-tim..
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Scaling Climate Action in Emerging Economies: The need for more & better guarantees
Jeroen Huisman The current global financial system does not yet produce financial flows that are aligned with a safe and j..
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Lufthansa’s Eurowings sees positive operating result in FY 23
FRANKFURT (Reuters) – Lufthansa’s budget subsidiary Eurowings expects a positive operating result this year, chief executi..
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No sustained recovery on horizon for German economy -econ min
BERLIN (Reuters) – Germany’s economy is not likely to see a sustained recovery in the coming months based on early indicat..
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Agnelli family’s Exor buys $2.8 billion stake in Philips
AMSTERDAM (Reuters) -Dutch investment firm Exor NV, controlled by Italy’s Agnelli family, has bought a 15% stake in healthcare t..
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German network regulator names 2nd managing director of Rosneft Deutschland
BERLIN (Reuters) – Germany’s network regulator on Monday said it had appointed Udo Giegerich as a second managing director..
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Italy PM Meloni takes ‘full responsibility’ for bank tax
MILAN (Reuters) -Italian Prime Minister Giorgia Meloni on Monday took “full responsibility” for last week’s shock de..
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Analysis-Big losses in Russia-linked stocks have investors rethinking other depositary receipts
LONDON/NEW YORK (Reuters) – Global investors are losing confidence in securities linked to shares of companies in the world̵..
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UK employers plan 5% pay rises, many resort to counteroffers: CIPD
LONDON (Reuters) – British employers expect to raise pay by 5% over the coming year and are increasingly making counteroffers to..
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Best books about investing
In today’s dynamic financial landscape, investing education plays a crucial role in empowering individuals to make informed de..
Finance
The Impact of Consumer Spending on the Market
Consumer spending plays a pivotal role in shaping the overall market dynamics and driving economic growth. As individuals and househol..
Lifestyle
Safeguarding data in the hybrid era
Ian Jones, Director of Operations at Matrix Booking discusses data security, risks and regulations in the realm of hybrid work ..
Opinion
Lloyd’s of London insurer Hiscox profit spikes on premium rise
LONDON (Reuters) -Lloyd’s of London insurer Hiscox posted a sharp rise in pretax profit on rising premium rates, but its shares ..
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Bottler Coca-Cola HBC lifts sales outlook
(Reuters) -Coca-Cola HBC lifted its annual revenue forecast on Wednesday as the bottler benefited from higher prices despite a dip in ..
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Germany’s Delivery Hero hikes 2023 revenue guidance
(Reuters) -German online takeaway food company Delivery Hero on Wednesday raised its full-year revenue outlook, after it swung to a pr..
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HOW A MENTOR CAN GUIDE YOUR PATH TO SUCCESS THIS NATIONAL OPPORTUNITY DAY
In today’s fast-paced and ever evolving world, it can be easy for individuals to get caught up in day-to-day life and miss out on oppo..
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Business Loan Application Checklist: Steps to Increase Approval Chances
In today’s competitive business landscape, securing a loan can be a vital catalyst for growth and success, especially for small ..
Business
US dollar gains broadly as risk sentiment turns sour after poor Chinese data
NEW YORK/LONDON (Reuters) – The U.S. dollar firmed across the board on Tuesday, garnering safe-haven bids, after a disappointing..
Finance
Greek EU-harmonised inflation rises to 3.5% y/y in July
(Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesda..
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No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists
SINGAPORE (Reuters) – Sea ice in the Antarctic region has fallen to a record low this year as a result of rising global temperat..
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Fund manager abrdn’s assets hit by market volatility, shares dive
(Reuters) -Fund manager abrdn’s shares fell nearly 9% on Tuesday after it reported a drop in assets under management in the firs..
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Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report
(Reuters) – Global video-games market would return to growth in 2023 on the back of strong sales of consoles such as Sony’..
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WeWork rival IWG’s half-year profit surges on high demand, improved pricing
(Reuters) -Office rental firm IWG retained a “cautiously optimistic” outlook after posting a 48% surge in half-year profit..
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Germany’s Fraport sees earnings boost on higher passenger volumes
(Reuters) -Frankfurt Airport operator Fraport on Tuesday updated its 2023 core profit and net income forecasts, after first-half earni..
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Asian markets down, dollar up after weak China trade data
SYDNEY (Reuters) – Asian share markets were mostly weaker on Tuesday but the dollar strode higher as investors digested weaker C..
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UBS shuffles bank bosses in bid to better compete with Wall Street
LONDON/NEW YORK (Reuters) -UBS on Monday announced an overhaul of its investment banking division, including naming the unit’s M..
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TSMC to decide in favour of German factory on Tuesday – Handelsblatt
BERLIN (Reuters) – Taiwanese semiconductor manufacturer TSMC’s board of directors will decide in favour of building a fact..
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After heatwave, looming typhoon forces scouts to evacuate South Korea campsite
After heatwave, looming typhoon forces scouts to evacuate South Korea campsite By Hyunsu Yim and Ju-min Park SEOUL (Reuters) – T..
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Heatwave caused higher than normal death rate in southern Italy
Heatwave caused higher than normal death rate in southern Italy ROME (Reuters) – The central and southern regions of Italy recor..
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BioNTech reduces drug development spend as COVID vaccine sales plunge
BioNTech reduces drug development spend as COVID vaccine sales plungea By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -German..
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German regulator rejects request for postage stamp price hike
German regulator rejects request for postage stamp price hike BERLIN (Reuters) -Germany’s federal network regulator has rejected..
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Miners drag London stocks lower; Unite Group slips
Miners drag London stocks lower; Unite Group slips By Shreyashi Sanyal (Reuters) -The UK’s exporter-heavy FTSE 100 index dipped ..
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German space firm OHB plans to delist as KKR takes minority stake
German space firm OHB plans to delist as KKR takes minority stake By Alexander Hübner BERLIN (Reuters) -Germany’s OHB on Monday ..
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Russia to evacuate village for first lunar lander mission in half century
Russia to evacuate village for first lunar lander mission in half century (Reuters) – Russia will evacuate a village in its far ..
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Oil holds steady near four-month high on OPEC+ cuts
Oil holds steady near four-month high on OPEC+ cuts By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices edged down on Monda..
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Dollar on guard as US inflation test looms
Dollar on guard as US inflation test looms By Rae Wee SINGAPORE (Reuters) – The dollar was on the defensive on Monday after a mi..
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