Investors trim bets for peak Bank of England rate
LONDON (Reuters) – Investors trimmed their bets on the peak for British interest rates on Thursday after the Bank of England tol..
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Italy’s Leonardo raises FY orders guidance after strong nine months
ROME (Reuters) -Italy’s state-controlled defence group Leonardo on Thursday raised its full-year guidance after reporting a size..
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Analysis: Energy market turmoil shakes Europe’s green power plan
By Susanna Twidale, Isla Binnie and Kate Abnett (Reuters) – Europe’s plan to roughly double renewable power generation by ..
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Expert View: Bank of England lifts UK rates to 3% in historic hike
LONDON (Reuters) – The Bank of England raised UK interest rates to 3% on Thursday in its largest rate hike since 1989 and warned..
Finance
Industry 4.0: Taking Connectivity into Hyperdrive
By Dean Challinor, General Manager at Distec, explores the benefits of the fourth industrial revolution in manufac..
Technology
What can retailers do to weather the storm of rising costs and consumer nervousness?
By Ashleigh Hulse, Sales & Marketing Assistant at Adventa Due to record-high inflation rates, rising energy and transportat..
News
Analysis-Weary investors see little respite to Fed hike gloom
By Davide Barbuscia and David Randall (Reuters) – Investors trying to navigate this year’s relentless interest rate rises ..
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Elon Musk plans to cut half of Twitter jobs – Bloomberg News
(Reuters) – Elon Musk plans to cut about 3,700 jobs at Twitter Inc or half of the company’s workforce in a bid to cut cost..
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L’Oréal denies report saying it suspended Twitter ad spending
(Reuters) -Cosmetics maker L’Oréal SA said it had not suspended advertising spending on Twitter, denying a Financial Times repor..
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Mickey Mouse, Spider-Man, Super Mario added to Russia’s parallel imports scheme
(Reuters) – Moscow on Wednesday added Walt Disney, Marvel and DC Comics to a list of brands that can be imported without permiss..
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Cyclicals, BAT drag FTSE 100 lower ahead of Fed decision
By Johann M Cherian and Sruthi Shankar (Reuters) – UK’s FTSE 100 index slipped on Wednesday, weighed down by cyclical sect..
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UK considering delay to Northern Ireland elections, Ireland minister says
By Amanda Ferguson BELFAST (Reuters) -The UK government could change the law to delay elections in Northern Ireland, the Republic of I..
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Tesco wins appeal in trademark fight with Lidl in UK court
By Sam Tobin (Reuters) – Britain’s biggest retailer Tesco can argue at trial that discount supermarket Lidl applied for trademar..
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Russian retail sales fall deeper, jobless rate rises in Sept – data
MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in September, official data from the..
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Costa del Sol Spain sees significant increase in North American Buyers
By Paul Brazell Acosta, Spanish Real Estate Expert and Director of Cloud Nine Spain Paul Brazell Acosta The strong dollar ..
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THE GREAT RESIGNATION ISN’T OVER: FIVE TIPS FOR RETAINING EMPLOYEES
STATISTICS from the ONS show that there was a record high of job-to-job moves in the first quarter of 2022, reaching almost one millio..
Business
As investors look for unique ways to bolster returns amid inflation, Home Equity Investments (HEIs) are piquing investor interest
By Joe Cianciolo, HomePace CEO Joe Cianciolo The pandemic has paved the way for the type of persistently volatile market ..
Finance
Yum beats sales estimates as customers flock to KFC, Taco Bell deals
By Uday Sampath Kumar (Reuters) -Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday, as the company..
Business
World’s top bankers expect markets to stay turbulent
By Xie Yu and Summer Zhen HONG KONG (Reuters) – Central banks will get inflation under control, but there will be turbulence in ..
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Energy crisis putting most German firms under duress -survey
BERLIN (Reuters) -The energy crisis is impacting nearly every branch of the German economy, with the number of companies that see high..
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Russian gold miner Polymetal’s Q3 revenue down 13% y/y
MOSCOW (Reuters) -Polymetal’s third-quarter revenue fell by 13% year on year to $714 million due to accumulated inventory and lo..
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Central banks ease off on rate hike push in October
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks around t..
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Britain’s Metro Bank returned to profit in September, sees no customer stress
LONDON (Reuters) – Metro Bank said on Wednesday it returned to profit in September by keeping a tight rein on costs and has so f..
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Britain’s Next sticks to outlook after quarterly sales rise
By James Davey LONDON (Reuters) -British clothing retailer Next reaffirmed full-year guidance that was cut in September as it reported..
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Catering group Sodexo targets operating margin above 6% in 2025
(Reuters) -French catering and food services group Sodexo onWednesday forecast organic sales growth of between 6% and 8% for fiscal 20..
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Big brands set to miss plastic sustainability targets
By Joe Brock SINGAPORE (Reuters) – Some of the world’s biggest consumer goods companies, including PepsiCo, Mars and Nestl..
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Quebec’s elected officials must swear oath to King Charles to sit in National Assembly
(Reuters) – Quebec National Assembly speaker ruled on Tuesday that all elected members must swear an oath to Britain’s Kin..
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CVS, Walmart, Walgreens agree to pay $13.8 billion to settle U.S. opioid claims – sources
By Brendan Pierson (Reuters) -CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc have tentatively agreed to pay about $13.8..
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Asian shares rise, dollar dips ahead of Fed policy decision
By Stella Qiu SYDNEY (Reuters) – Asian shares climbed on Wednesday, led by Chinese stocks on reopening hopes, while the dollar s..
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EA lowers bookings expectation on strong dollar, gaming slowdown
By Tiyashi Datta and Aditya Soni (Reuters) -Electronic Arts Inc lowered its annual bookings forecast on Tuesday as the publisher of &#..
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France’s Thales says hackers claim to have stolen data
PARIS (Reuters) -French defence and technology group Thales said on Tuesday the hacker group LockBit 3.0 claimed to have stolen some o..
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Robinhood, Coinbase find sanctuary in interest income amid market rout
By Niket Nishant and Manya Saini (Reuters) – For U.S. online trading companies an often-overlooked financial metric could act as..
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European shares kick off November on bright note
By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares gained on Tuesday, starting November on an upbeat note amid growing h..
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Elon Musk, who runs four other companies, will now be Twitter CEO
(Reuters) -Tesla Inc boss Elon Musk said on Monday he will serve as chief executive of Twitter, the social media company he just bough..
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Thomson Reuters keeps outlook, but wary of slowing economy
By Nick Zieminski and Kenneth Li NEW YORK (Reuters) -Thomson Reuters Corp kept its financial guidance for this year and next after a f..
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European stocks hit six-week high on hopes for rate hike slowdown
By Elizabeth Howcroft LONDON (Reuters) -European stocks rose on Tuesday and the positive market sentiment was set to continue on Wall ..
Finance
Scientists in Germany turn up heat on seagrass in climate change fight
BERLIN (Reuters) – Scientists in Germany are working on ways to restore seagrass fields in the Baltic Sea, vast natural sinks th..
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