Banks should be taking steps to future-proof themselves
By John da Gama-Rose, Head of BFS, Global Growth Markets, Cognizant Businesses across the world are facing a combination of cr..
Finance
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London’s financial service jobs hit five year high
Key stats from Morgan McKinley’s 2022 London Employment Monitor: 36% increase in jobseekers for 2022 from 2021 16% increase in jobs a..
Business
Nissan and Renault agree to overhaul alliance, this time as equals
By Maki Shiraki and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan Motor Co and Renault SA agreed on Monday to a sweeping remake of th..
Headlines
Hong Kong home prices drop 15.6% in 2022, snap 13 years of gain
(Reuters) – Private home prices in Hong Kong, one of the most unaffordable territories in the world, fell 15.6% in 2022 in the f..
Headlines
Visa revenue growth slows more as tough economy sobers spending
By Mehnaz Yasmin (Reuters) -Visa Inc’s revenue growth continued to wind back to pre-pandemic levels in the first quarter as the ..
Headlines
FDA advisers back the same COVID vaccine for initial shots, boosters
By Michael Erman and Leroy Leo (Reuters) -Advisers to the U.S. Food and Drug Administration on Thursday unanimously voted in favor of ..
Headlines
Stocks, dollar gain on soft landing hopes
By Herbert Lash NEW YORK (Reuters) -Global stock markets rallied and the dollar strengthened on Thursday after a slew of data showed a..
Headlines
Innovation scale-up Wazoku agrees acquisition of UK idea management platform, Idea Drop
Idea Drop was founded by Charlie de Rusett and Owen Hunnam in 2014. It provides its idea management platform to customers, incl..
Technology
Skills shortages are far from over – firms with slow hiring processes are losing out
While the record-breaking vacancy numbers of last year have slowed, the UK is still in the midst of a skills shortage, with the..
Technology
A look at the top six fintech trends in the UK in 2023
By Lynne Darcey Quigley, CEO and Founder of Know-it There are a variety of reasons why this past year has..
Finance
Stocks, dollar gain on resilient U.S. economy
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – A gauge of global stock performance rose and the dollar strengthened o..
Finance
Bank of England set to hike to 4% as rate peak looms
By David Milliken LONDON (Reuters) – The Bank of England looks on course to raise its main interest rate by half a percentage po..
Finance
Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicle..
Finance
UK income inequality widens after pandemic dip
By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021/22 financial year after a d..
Finance
Global 2023 economic view downgraded, at odds with market optimism: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Global economic growth is forecast to barely clear 2% this year, according to a Reuters pol..
Finance
Cryptoverse: Bitcoin investors take control
(Corrects paragraph 8 to show big investors were responsible for about 68% of the flows) By Lisa Pauline Mattackal and Medha Singh (Re..
Finance
Bank funding for renewables stagnates vs oil and gas – report
LONDON (Reuters) – The share of bank finance going to renewable energy rather than fossil fuels has little changed in six years,..
Headlines
Digital euro will be free but limited in scope, ECB says
FRANKFURT (Reuters) – The digital version of the euro currency will be free to use and available to all but the European Central..
Finance
Stocks, euro gain amid divergent Fed, ECB rate hike outlooks
By Herbert Lash NEW YORK (Reuters) -Global equity markets surged on Monday as easing recession fears and hopes of a less aggressive Fe..
Finance
EU’s planned reforms aim to better protect power bills from market swings
By Kate Abnett BRUSSELS (Reuters) – European Union proposals to overhaul its electricity market will attempt to better protect c..
Headlines
Activist investor Elliott Management takes stake in Salesforce -sources
(Reuters) -Activist investor Elliott Management Corp has made a multi-billion dollar investment in cloud-based software firm Salesforc..
News
European Central Bank to raise deposit rate to 3.25% by mid-year: Reuters poll
By Jonathan Cable LONDON (Reuters) – The European Central Bank will be more aggressive than previously thought in its tightening..
Headlines
Wealthtech is driving the 2023 financial revolution
By Nigel Green, deVere Group CEO & Founder The global wealthtech industry is booming, having had a phenomenally succ..
Finance
CPaaS remains an under-utilised engagement platform; but market showing strong growth worth USD52.8 billion in 2026
– Just $1 in every $5 spent by a brand on CPaaS in 2022 had the potential of driving consumer interaction – Brands’..
Business
Analysis-Frankfurt ‘STIRs’ up euro clearing battle with London
By Huw Jones LONDON (Reuters) – Frankfurt expands derivatives clearing on Monday in an early test of how well European Union amb..
Headlines
European junk debt sales spring back to life as sentiment improves
By Chiara Elisei LONDON (Reuters) – Junk-rated companies in Europe have raised $1.4 billion from bond sales this month as invest..
Headlines
Latest ONS labour statistics: Continued growth of self-employed increases need for umbrella regulation
Responding to the latest labour market data from the Office for National Statistics (ONS), Tania Bowers, Global Public Policy D..
Business
Analysis-Bond traders get their swagger back in rate-obsessed markets
By Lananh Nguyen NEW YORK (Reuters) – Bond traders are stars again on Wall Street. Fixed income, currencies and commodities (FIC..
Finance
ECB can cut carbon footprint by shedding bonds of biggest polluters
By Virginia Furness and Francesco Canepa LONDON (Reuters) -The European Central Bank could radically cut the carbon footprint of its c..
Headlines
Explainer-Why Malaysia is considering a ban on palm oil exports to the European Union
By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia, the world’s second-largest palm oil producer, on Thursday said it might ..
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EDPR brings Iberia’s first wind-solar power plant on-stream
By Sergio Goncalves and Miguel Pereira LISBON (Reuters) – EDP Renovaveis, the world’s fourth-largest renewable power produ..
Headlines
King Charles, Prince William make first appearances since Harry’s memoir
By Michael Holden ABOYNE, Scotland (Reuters) -Britain’s King Charles and Prince William made their first public appearances on T..
Headlines
Squirro Launches Second Season of Redefining AI Podcast
● Redefining AI was in the top 15% most globally shared podcasts in 2022 ● New season set to focus on AI applications, Natural Languag..
Technology
German home solar power firm sees bright future as demand soars
By Vera Eckert and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Soaring demand for home solar power systems in Germany could..
Headlines
Lighting maker Signify cuts 2022 outlook again on China, business lighting
(Reuters) -Signify NV, the world’s biggest maker of lights, on Thursday again cut its full-year 2022 profit margin and sales gui..
Headlines
Ubisoft shares slump 20% after French video game maker warns on revenue
By Dominique Vidalon PARIS (Reuters) -Shares in Ubisoft fell 20% on Thursday after the French video game maker warned on revenue and p..
Headlines
Centrica names O’Brien as new CFO, raises earnings forecast
(Reuters) -British Gas owner Centrica on Thursday named Russell O’Brien as its chief financial officer, and raised its full-year..
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