Behind FTX’s fall, battling billionaires and a failed bid to save crypto
By Angus Berwick and Tom Wilson (Reuters) – On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught ..
Finance
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AstraZeneca lifts 2022 earnings outlook as cancer drugs boost results
By Natalie Grover (Reuters) -AstraZeneca raised its full-year earnings outlook on Thursday after strong sales of its key cancer drugs ..
Headlines
U.S.-sanctioned oil tanker stuck in Indonesia carries Venezuelan fuel
By Marianna Parraga HOUSTON (Reuters) -A grounded oil supertanker under U.S. Treasury Department sanctions being refloated in Indonesi..
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U.S.-sanctioned oil tanker stuck in Indonesia carries Venezuelan fuel
By Marianna Parraga HOUSTON (Reuters) -A grounded oil supertanker under U.S. Treasury Department sanctions being refloated in Indonesi..
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U.S., Ukraine agree to launch talks to upgrade 2008 trade accord
WASHINGTON (Reuters) – The United States and Ukraine announced on Wednesday that they will launch negotiations to upgrade a bila..
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Twitter, social platforms could see spike in election misinformation
By Sheila Dang (Reuters) – Election misinformation is spreading across social media platforms like Twitter and Meta PlatformR..
Headlines
How Hybrid Customer Experience Teams Are Returning Unexpected Value for Brands
By Sagar Rajgopal, President and CCO of Ubiquity, In today’s hyper-competitive, brand-proliferated market, most in-house customer expe..
Business
We’ve been waiting for you, Mr Bonds
“Bond markets are more attractive to investors now than they have been for years, in some cases decades,” argues Raymond Sagayam, CIO ..
Finance
Republican ‘red wave’ fizzles, but midterm race for U.S. Congress tight
By Gabriella Borter and Tim Reid BIRMINGHAM, Mich./PHOENIX, Ariz. (Reuters) – Republicans made modest gains in U.S. midterm elec..
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World stocks slip as markets await U.S. midterms outcome
By Herbert Lash NEW YORK (Reuters) – World stocks slid below recent seven-week highs and the dollar rose on Wednesday as investo..
Headlines
Christmas shopping begins early as Britons face cash crunch
By James Davey and Sarah Young LONDON (Reuters) -British consumers are trying to navigate the hit to their finances by spreading out t..
Headlines
Ahold turns to solar panels, lowers thermostats to save energy
By Richa Naidu and Toby Sterling LONDON (Reuters) – Supermarket group Ahold Delhaize is turning to renewable energy and lowering..
Headlines
Britain’s Next buys failed furniture retailer Made.com, 400 jobs axed
By Sachin Ravikumar LONDON (Reuters) -British fashion retailer Next will buy the Made.com brand for 3.4 million pounds ($3.8 million) ..
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Britain’s M&S warns of ‘gathering storm’ of higher costs and weak consumer
By James Davey LONDON (Reuters) -British retailer Marks & Spencer warned on Wednesday of a “gathering storm” of higher..
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Citigroup to buy Deutsche Bank license in Mexico for wholesale unit
NEW YORK (Reuters) -Citigroup Inc said on Tuesday it would purchase Deutsche Bank’s Mexican license in order to continue its cor..
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Adidas slashes 2022 outlook after Kanye West split
By Rachel More BERLIN (Reuters) -Adidas further slashed its outlook for 2022 on Wednesday as it weighed the impact of its split from Y..
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Commerzbank keeps outlook as lower Q3 profit still beats expectations
By Tom Sims and Unknown 9629b5b2-3983-43b7-ac6e-49eba7f61a04 FRANKFURT (Reuters) -Germany’s Commerzbank said on Wednesday its ne..
Headlines
Remaining Competitive In The Face of Recession
By Joseph Kenny, Vice President Global Transformation for ServiceMax. Companies under pressure for zero dow..
Business
ABN Amro’s Q3 profit jumps as interest income recovers
AMSTERDAM (Reuters) -Dutch bank ABN Amro beat analysts’ expectations on Wednesday, saying its net profit had more than doubled t..
Headlines
InPost sees stronger 2022 but warns of slowing demand
(Reuters) – Poland’s InPost on Wednesday said its full-year expectations were higher than previously anticipated thanks to..
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Taiwan’s President looks forward to Britain supporting its CPTPP bid
TAIPEI (Reuters) – Taiwan’s President Tsai Ing-wen told visiting British minister of state for trade Greg Hands on Wednesd..
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Dollar catches breath while investors await midterms; cryptos skittish
By Tom Westbrook SINGAPORE (Reuters) – The dollar steadied on Wednesday as traders waited on results from U.S. elections and on ..
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Oil prices ease on U.S. inventory build, China COVID worries
By Sonali Paul and Isabel Kua SINGAPORE (Reuters) -Oil prices slid on Wednesday as industry data showed U.S. crude stockpiles rose mor..
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Asia stocks advance as investors await U.S. midterm election results
By Ankur Banerjee SINGAPORE (Reuters) – Asian shares rose and the dollar wobbled on Wednesday as investors awaited U.S. inflatio..
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Twitter to introduce ‘Official’ label for some verified accounts
By Sheila Dang and Fanny Potkin (Reuters) -Billionaire Elon Musk’s social media platform Twitter will introduce an “Offici..
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Binance plans to buy rival FTX in bailout as crypto market crumbles
By Hannah Lang and Tom Wilson WASHINGTON/LONDON (Reuters) – Crypto giant Binance signed a nonbinding agreement on Tuesday to buy..
Headlines
Novavax cuts full-year revenue forecast again amid weak demand
(Reuters) – Novavax Inc cut its full-year revenue forecast on Tuesday for the second time in three months, hurt by a global supp..
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Disney streaming beats Wall Street targets, earnings miss
By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney Co said on Tuesday its marquee streaming service, Disney+, gained ..
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Fingerprints™ and Tag Systems collaborate to offer contactless biometric payment cards globally
World-leading biometrics company, Fingerprint Cards AB (Fingerprints™) has entered a partnership with global card manufacturer, Tag Sy..
Technology
Blow for EU crackdown on tax deals as Fiat wins appeal
By Foo Yun Chee LUXEMBOURG (Reuters) -Fiat Chrysler on Tuesday won its fight against an EU order to pay 30 million euros ($30 million)..
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Bayer beats Q3 profit forecast on strong herbicide sales
By Ludwig Burger FRANKFURT (Reuters) -Agriculture and pharmaceuticals company Bayer on Tuesday reported better-than-expected quarterly..
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Pandora braces for recession despite resilient demand
By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Danish jewellery maker Pandora reported third-quarter sales just above expectations on Tue..
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Munich Re firmly sticks to 2022 target after quarterly profit rise
FRANKFURT (Reuters) – Munich Re on Tuesday said it posted a 44% rise in net profit in the third quarter, despite big claims from..
Headlines
Commerzbank, Norsk Hydro to invest 600 million euro into 1 GW of Danish solar
By Nora Buli OSLO (Reuters) – A joint venture of subsidiaries of Germany’s Commerzbank and Norway’s Norsk Hydro will..
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Factbox-‘Beaver blood moon’ offers world’s last total lunar eclipse until 2025
By Steve Gorman (Reuters) – Nighttime skywatchers from East Asia to North America will be treated to the rare spectacle of a ..
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Developing countries need $1 trillion a year in climate finance -report
SHARM EL-SHEIKH, Egypt (Reuters) – Developing countries need to work with investors, rich countries and development banks to sec..
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Bosch agrees to pay $25 million to settle California diesel emissions probe
By David Shepardson (Reuters) -German auto supplier Bosch has agreed pay $25 million to resolve California’s probe into the comp..
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