At the home of Zara, fast and slow fashion collide
By Corina Pons and Virginia Furness A CORUNA, Spain/LONDON (Reuters) – In Spain’s A Coruna, two contrasting fashion busine..
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Adecco sees signs of a hiring slowdown at start of 2023
By John Revill ZURICH (Reuters) -Adecco said its hiring activity had weakened modestly at the start of 2023 after the staffing company..
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Germany home prices to sink nearly 6% this year – Reuters Poll
By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany will fall more sharply this year and next than previously thought..
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Japan’s factory output posts biggest fall in 8 months on weak autos, chips sectors
By Kantaro Komiya TOKYO (Reuters) – Japan’s factory output shrank at the fastest pace in eight months in January as declin..
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TD, other banks reach $1.35 billion settlements to end Stanford litigation
By Jonathan Stempel (Reuters) -Three banks agreed to pay $1.35 billion to resolve litigation by former Allen Stanford investors who ac..
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Snowboarding-British teenager Brookes becomes the youngest world champion
(Reuters) – Britain’s Mia Brookes outclassed Olympic gold medallist Zoi Sadowski-Synnott to become the youngest snowboardi..
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Essar creates new unit to drive $3.6 billion low-carbon plan in UK, India
By Nidhi Verma NEW DELHI (Reuters) – India’s Essar Group said on Monday it has created a new entity that will control its ..
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SoftBank, Ant seek to sell Paytm stake via open market – ET
(Reuters) -China’s Ant Group and Japan’s SoftBank Group Corp are seeking to sell their stakes in Indian digital payments f..
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Nokia changes iconic logo to signal strategy shift
By Supantha Mukherjee BARCELONA (Reuters) – Nokia announced plans on Sunday to change its brand identity for the first time in n..
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Satellite group SES expects further sales growth in 2023
(Reuters) -Satellite firm SES on Monday forecast further revenue growth in 2023 supported by the commercial launch of a key satellites..
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Dollar gains as higher-for-longer U.S. rate views drive currency markets
By Ankur Banerjee SINGAPORE (Reuters) – The dollar held firm near a seven-week peak on Monday, after a slew of strong U.S. econo..
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Cisco works with Mercedes-Benz to create mobile office
By Supantha Mukherjee BARCELONA (Reuters) – Cisco is working with Mercedes Benz to add its Webex conferencing tools to the dashb..
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Big Tech ‘fair share’ debate set to dominate Barcelona mobile meet
By Supantha Mukherjee, Martin Coulter and Joan Faus BARCELONA (Reuters) -A clash between Big Tech and European Union telecoms firms ov..
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South Korea’s BTS member j-hope begins process to join military
By Hyonhee Shin SEOUL (Reuters) -A second member of Korea’s BTS – the first K-pop band nominated for a Grammy – has ..
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Airbus, Qantas close to first joint sustainable aviation fuel investment
By Jamie Freed MELBOURNE (Reuters) – Airbus SE and Qantas Airways Ltd plan to announce the first investment from a $200 million ..
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SpaceX set to launch next International Space Station crew for NASA
By Joe Skipper and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) – Elon Musk’s rocket company SpaceX was set to launch early..
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Flu experts gather with H5N1 risk on the agenda
By Jennifer Rigby LONDON (Reuters) – The world’s leading experts on influenza met this week to discuss the threat posed to..
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German GDP contracted by 0.4% in the fourth quarter
BERLIN (Reuters) -The German economy contracted at the end of the year, as inflation and the energy crisis took their toll on househol..
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Oil gains as Russian supply cuts temper concerns over rate hikes, high stocks
By Andrew Hayley BEIJING (Reuters) -Oil prices extended gains for a second session on Friday as the prospect of lower exports from Rus..
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IAG agrees to buy 80% stake in Air Europa for 400 million euros
By Charlie Devereux MADRID (Reuters) -Iberia-owner International Airlines Group has agreed to pay 400 million euros ($423.84 million) ..
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Netflix cuts prices in some countries to boost subscriptions, shares drop
(Reuters) -Netflix Inc said on Thursday it has cut prices of its subscription plans in some countries as the streaming giant looks to ..
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New asset management Master’s course will prioritize applicants’ motivation over grades
NHH Norwegian School of Economics has launched a new “Internship in Asset Management” Master’s course in partnership with Finan..
Business
AI-created images lose U.S. copyrights in test for new technology
By Blake Brittain (Reuters) -Images in a graphic novel that were created using the artificial-intelligence system Midjourney should no..
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Hikma accuses Amarin of suppressing generic versions of heart pill
By Brendan Pierson (Reuters) – Generic drugmaker Hikma Pharmaceuticals USA Inc has sued Amarin Pharma Inc, accusing it of using ..
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Three ways to tell if your client reporting is at the heart of your client servicing
By Abbey Shasore, CEO, Factbook. Is your client reporting merely a ‘box’ at the end of the investment lifecycle..
Business
ITA Airways averts strike after wage increase accord with unions
ROME (Reuters) – Italian carrier ITA Airways reached a wage accord with unions on Wednesday, averting the threat of the first st..
News
Utilities call for more government funding and pilot projects to drive smart utility development – Wi-SUN Alliance survey
Senior professionals at utility companies are calling for more government funding to help drive smart utility development, acco..
Finance
New claims module by Fadata simplifies insurance claims processing on all levels
Fadata, a leading global provider of software solutions for the insurance industry, unveils its new, cloud-ready, INSIS Claims ..
Business
UK economy’s unexpected bounce spurs more BoE rate hike talk
By Andy Bruce LONDON (Reuters) -Britain looks on course to sidestep a long recession after a survey showed a surprise return to growth..
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Lightware’s latest regional hubs, led by experienced AV experts Dominique Bonneau and Piotr Dębski, will serve France, Central Europe and all overseas French territories
Lightware Visual Engineering, a leading manufacturer of matrix switchers, signal extenders and accessories for the professional..
Technology
Cricket-England’s absence robs WTC final of ‘Bazball’ buzz
By Amlan Chakraborty NEW DELHI (Reuters) – This year’s World Test Championship (WTC) final will again be a party without h..
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Jaguar Land Rover opens three European self-driving tech hubs By Nick Carey LONDON (Reuters) – Luxury carmaker Jaguar Land Rover..
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Post-Brexit insurance reform clear before December, says BoE’s Woods
By Huw Jones LONDON (Reuters) -The Bank of England sought on Monday to allay fears among insurers that it was dragging its feet over a..
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Britain facing tomatoes shortage after overseas harvests disrupted
LONDON (Reuters) – Britons are facing a shortage of tomatoes after supermarket supplies, including at market leader Tesco and No..
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Dollar edges down from six-week peak, Swedish crown jumps
By Samuel Indyk LONDON (Reuters) – The dollar edged lower on Monday but kept close to Friday’s six-week high, after a flur..
Finance
Britain’s post-Brexit asset management revamp eyes liquidity, tokenisation
By Huw Jones LONDON (Reuters) -Britain set out plans on Monday for a post-Brexit review of its rules for the 11 trillion pound ($13.2 ..
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Shares steady, dollar dips as US holiday lifts rates gloom
By Amanda Cooper LONDON (Reuters) -Global shares inched up on Monday as a U.S. holiday tempered volatility ahead of minutes of the lat..
Finance