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Allianz Trade Secures Seventh Consecutive Win as Best Trade Credit Insurance Company Asia Pacific at the 2023 Global Banking & Finance Awards®

Allianz Trade Secures Seventh Consecutive Win as Best Trade Credit Insurance Company Asia Pacific at the 2023 Global Banking & Finance Awards®

Allianz Trade cements its leadership in Trade Credit Insurance, clinching top honors at the Global Banking & Finance Awards® 2023 ..

Stocks reach one-month high on U.S. debt ceiling hopes

Stocks reach one-month high on U.S. debt ceiling hopes

LONDON, SINGAPORE (Reuters) -Global shares rose to a one-month high and the dollar trounced major currencies on Friday as markets refl..

UK’s Nationwide to pay 340 million pounds to customers after profit leap

UK’s Nationwide to pay 340 million pounds to customers after profit leap

LONDON (Reuters) -British lender Nationwide will pay its customers 340 million pounds ($429 million) through payments to their current..

Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high

Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high

TOKYO (Reuters) -Japan’s core consumer inflation stayed well above the central bank’s 2% target in April and a key index s..

Wall Street gains, dollar climbs on solid data, debt ceiling progress

Wall Street gains, dollar climbs on solid data, debt ceiling progress

NEW YORK (Reuters) -Wall Street turned higher and the dollar reached a seven-week peak on Thursday as discount retail giant Walmart In..

Ripple buys crypto custody firm Metaco for $250 million

Ripple buys crypto custody firm Metaco for $250 million

(This May 17 story has been corrected to clarify that the token is called XRP, not Ripple, in paragraph 9) By Elizabeth Howcroft LONDO..

Burberry shares drop as weak US demand overshadows China rebound

Burberry shares drop as weak US demand overshadows China rebound

LONDON (Reuters) -British luxury fashion brand Burberry on Thursday reported stronger-than-expected fourth quarter sales driven by a r..

Aston Martin stock soars after $295 million on Geely investment

Aston Martin stock soars after $295 million on Geely investment

(Reuters) -Aston Martin’s stock popped nearly 22% on Thursday, after the luxury carmaker announced a 234 million pound investmen..

Japanese businesses pledge UK investment ahead of Sunak meeting

Japanese businesses pledge UK investment ahead of Sunak meeting

LONDON (Reuters) – Japanese businesses have committed to invest almost 18 billion pounds ($23 billion) in Britain ahead of a mee..

Deployed raises $4M to redefine how Statements Of Work are created and projects are planned

Deployed raises $4M to redefine how Statements Of Work are created and projects are planned

Female founded Enterprise Tech startup raises funding to rewrite the language of work UK-based Deployed today announced it has raised ..

Australia’s push for faster EV uptake will be slow to charge

Australia’s push for faster EV uptake will be slow to charge

(This May 17 story has been corrected to say the rollout of chargers started small due to grid issues, not scaled back due to grid iss..

Credit Suisse bond wipe-out will not trigger credit insurance payout

Credit Suisse bond wipe-out will not trigger credit insurance payout

LONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates o..

Gender and location bias at work cannot be solved with “blinding”

Gender and location bias at work cannot be solved with “blinding”

Women and people far from headquarters often need help to get recognition for their ideas. One way to help is to put all ideas on equa..

Southern Europe braces for climate change-fuelled summer of drought

Southern Europe braces for climate change-fuelled summer of drought

BRUSSELS (Reuters) -Southern Europe is bracing for a summer of ferocious drought, with some regions already suffering water shortages ..

Tyre-makers under pressure as too much rubber hits the road

Tyre-makers under pressure as too much rubber hits the road

LONDON (Reuters) – Tyre-makers are under pressure to almost literally reinvent the wheel as regulators turn their scrutiny to ty..

UK has held productive discussions with EU over car tariffs – minister

UK has held productive discussions with EU over car tariffs – minister

LONDON (Reuters) – Britain has had productive discussions with the European Union about changing trading arrangements for car ma..

Mitchells & Butlers pub group says costs start to ease

Mitchells & Butlers pub group says costs start to ease

(Reuters) -British pub and restaurant group Mitchells & Butlers PLC reported a fall in half-year profits on Wednesday and said sup..

Low unemployment amongst young driving demand, says JD Sports boss

Low unemployment amongst young driving demand, says JD Sports boss

LONDON (Reuters) – Historically low unemployment for the young is driving demand for JD Sports Fashion’s trainers, joggers..

European shares weighed by US debt ceiling concerns, slide in financials

European shares weighed by US debt ceiling concerns, slide in financials

(Reuters) – European shares slipped on Wednesday as concerns about whether the United States can avoid a debt default, as well a..

Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount

Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount

(Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters sold 33 million shares in the London Stock..

Experian sees annual revenue growth on steady demand

Experian sees annual revenue growth on steady demand

(Reuters) – British credit data firm Experian Plc said on Wednesday it expects its annual organic revenue to grow between 4% and..

Analysis-Southern Europe braces for climate change-fuelled summer of drought

Analysis-Southern Europe braces for climate change-fuelled summer of drought

BRUSSELS (Reuters) – Southern Europe is bracing for a summer of ferocious drought, with some regions already suffering water sho..

Asian shares tentative, US debt ceiling talks weigh on risk appetite

Asian shares tentative, US debt ceiling talks weigh on risk appetite

SINGAPORE (Reuters) – Asian shares were subdued on Wednesday and the dollar hovered around a five-week peak as investors remaine..

German economic growth to remain muted in near term – IMF

German economic growth to remain muted in near term – IMF

BERLIN (Reuters) -The German economy has shown resilience over the last year thanks to a strong policy response and a mild winter, but..

EU raw material targets need money and faster permits, sector chief says

EU raw material targets need money and faster permits, sector chief says

BRUSSELS (Reuters) – The European Union will only meet ambitious targets to reduce its reliance on China and other countries for..

Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say

Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say

MILAN (Reuters) -Australian fund Macquarie is raising legal hurdles over a plan backed by Italy’s Treasury for state lender CDP ..

Building E-commerce for Commodities: Here’s What Suppliers Should Know

Building E-commerce for Commodities: Here’s What Suppliers Should Know

E-commerce continues to be a major revenue driver in retail and online sales. By some estimates, the global e-commerce mar..

France to host pro-nuclear meet to push for EU recognition of climate benefits

France to host pro-nuclear meet to push for EU recognition of climate benefits

France to host pro-nuclear meet to push for EU recognition of climate benefits By Kate Abnett and America Hernandez BRUSSELS (Reuters)..

Platinum facing biggest deficit in years as carmakers snap up metal

Platinum facing biggest deficit in years as carmakers snap up metal

Platinum facing biggest deficit in years as carmakers snap up metal LONDON (Reuters) – Rising demand from automakers, industry a..

Agnelli investment firm hires former UK minister Osborne

Agnelli investment firm hires former UK minister Osborne

Agnelli investment firm hires former UK minister Osborne PARIS/LONDON (Reuters) – Lingotto Investment Management, backed by Ital..

UK competition watchdog steps up examination of grocery prices

UK competition watchdog steps up examination of grocery prices

UK competition watchdog steps up examination of grocery prices LONDON (Reuters) -Britain’s competition watchdog will step up its..

India’s carmakers back zero duty on limited British imports under trade deal – sources

India’s carmakers back zero duty on limited British imports under trade deal – sources

India’s carmakers back zero duty on limited British imports under trade deal – sources By Aditi Shah and Shivangi Acharya ..

World stocks climb on hopes of successful debt ceiling outcome

World stocks climb on hopes of successful debt ceiling outcome

World stocks climb on hopes of successful debt ceiling outcome By Nell Mackenzie LONDON (Reuters) -World stocks rose on Monday on caut..

Economist Odor picked as Slovakia’s caretaker prime minister

Economist Odor picked as Slovakia’s caretaker prime minister

Economist Odor picked as Slovakia’s caretaker prime minister By Radovan Stoklasa and Jan Lopatka BRATISLAVA (Reuters) – Re..

Euro zone industry output falls sharply, with Ireland plunge

Euro zone industry output falls sharply, with Ireland plunge

Euro zone industry output falls sharply, with Ireland plunge BRUSSELS (Reuters) – Euro zone industrial production fell by far mo..

Record orders, strong sales drive strong Q2 for Siemens Energy

Record orders, strong sales drive strong Q2 for Siemens Energy

Record orders, strong sales drive strong Q2 for Siemens Energy By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) -Siemens Ene..

Oil slips as economic worries take focus off tighter supplies

Oil slips as economic worries take focus off tighter supplies

Oil slips as economic worries take focus off tighter supplies By Florence Tan and Mohi Narayan (Reuters) -Oil prices fell on Monday as..