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..
Headlines
Cryptoverse: Bitcoin wants to break its bond with stocks
(Our weekly analysis of the wild world of cryptocurrencies. Repeats for additional subscribers) By Lisa Pauline Mattackal and Medha Si..
Finance
Chinese fashion retailer Shein to open permanent ‘event space’ in Tokyo
TOKYO (Reuters) – Chinese fashion retailer Shein is to open its first permanent premises in Tokyo this month, the company said o..
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Frankfurt steps up efforts to shift euro clearing from London
By Huw Jones LONDON (Reuters) – Deutsche Boerse’s derivatives division stepped up efforts on Tuesday to attract a bigger s..
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Prosus and Naspers deny report they are in talks to sell Tencent stake
AMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue..
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Could a cyber attack cripple your finance business? Tips on staying safe
By Mark Brown, Founder of Psybersafe The online business world is becoming less and less safe. We’ve all read stories ..
Technology
Exclusive-Tesla plans mass production start for Cybertruck at end of 2023-sources
(Reuters) – Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the..
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UK’s National Grid launches 50 million pound energy support fund
By Nina Chestney LONDON (Reuters) – Britain’s National Grid said on Tuesday it has launched a 50 million pound ($58 millio..
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NFON Takes the Pulse of Working from Home in the UK
UK workers have most cramped homeworking space in Europe and are more likely to resort to working in the toilet, bathroom or b..
Opinion
BP sees $2.5 billion UK tax bill this year including windfall levy
LONDON (Reuters) – BP expects to pay around $2.5 billion in taxes for its British North Sea business this year, including $800 m..
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Dutch chemicals group DSM cuts profit target as costs soar
By Tristan Chabba (Reuters) -Dutch specialty chemicals maker DSM on Tuesday lowered its 2022 outlook after it saw energy and raw mater..
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Musk’s lenders prepare to hold $12.7 billion Twitter debt on books until early 2023 – FT
(Reuters) – Banks that lent $12.7 billion to Elon Musk for his $44 billion Twitter takeover will hold the debt until early next ..
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Toyota cuts output target amid chip crunch as profit tumbles 25%
TOKYO (Reuters) -Toyota Motor Corp on Tuesday posted a worse-than-expected 25% drop in quarterly profit and cut its annual output targ..
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Oil prices rise as weaker dollar offsets China COVID-19 concerns
By Isabel Kua SINGAPORE (Reuters) – Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar..
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UK government under pressure over conditions at migrant centre
By Kylie MacLellan LONDON (Reuters) – The British government came under increasing pressure on Monday to tackle deteriorating co..
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Instagram fixes bug that triggered hours-long outage
(Reuters) -Instagram said on Monday it had fixed a software bug that prevented thousands of users from accessing the photo-sharing pla..
Headlines
Stocks fall, bond yields rise as focus shifts to Fed, rate outlook
By Caroline Valetkevitch NEW YORK (Reuters) – A global stock index fell and U.S. Treasury yields edged up on Monday as investors..
Headlines
Monte dei Paschi’s cash call 93% covered so far despite low shareholder take-up
By Valentina Za MILAN (Reuters) -Italy’s Monte dei Paschi di Siena said its up to 2.5 billion euro ($2.5 billion) capital increa..
Finance
Factbox-Governments act to ease inflation pain
(Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have ..
Finance
Retail CBDCs: what’s in it for the banks?
Jeremy Boot, Product Strategist at Temenos Central Bank Digital Currencies (CBDCs) – a digital form of central bank mon..
Finance
Three keys for fintech leaders looking to drive growth in today’s economy
By Daniel Bailey, VP of EMEA at Amplitude Consumers have long been seeking modern, accessible, and affordable financial service..
News
How a cashless society can help drive economic growth in emerging markets
By Alex Vavilov, Chief Commercial Officer for Stenn International The concept of a cashless society has been circulating for y..
Finance
Technology
Could a cyber attack cripple your finance business?
Could a cyber attack cripple your finance business?
Tips on staying safe By Mark Brown, Founder of Psybersafe The online business world is becoming less and less safe. We’ve all read stories in t..
Technology
Neem’s embedded finance platform enabled by global payments leader BPC
This partnership is a first step in building a one-of-a-kind financial technology infrastructure launched in Pak..
Finance
Mambu Announces Extended Cloud Approach with Three Leading Cloud Providers
Customers can choose from AWS, Google Cloud or Microsoft Azure to complement strategic hosting objectives Mambu, the leading SaaS clou..
Technology
Kapitus Selects Mambu to Deliver Modern Lending Solutions for SMBs
Today at the Money20/20 conference, Kapitus, a leading provider of financing to small and medium-sized businesses (SMBs), annou..
Business
Finance
Highline Joins the American Transaction Processors Coalition
Highline Joins the American Transaction Processors Coalition
Highline Technologies, the payments fintech that unlocks payroll-linked lending and billpay, announced it has officially joined the American Tr..
Finance
PowerX Technology Ltd appoints Andrew Schafer as CEO to accelerate global growth.
PowerX Technology Ltd, the groundbreaking AI platform that applies large-scale data analytics and AI automation to optimise mob..
Business
Finance
Pelican Digital Payments Hub supports European payment processing requirements of Santander Consumer Bank Austria
Pelican Digital Payments Hub supports European payment processing requirements of Santander Consumer Bank Austria
Intelligent Pan-European Digital Payments Hub will help achieve high levels of payment automation, reduce processing costs, achieve regulatory compl..
Finance
Seoul crush hits storied Itaewon nightlife district on verge of renewal
By Ju-min Park, Hyonhee Shin and Soo-hyang Choi SEOUL (Reuters) -With “Hooker Hill” and snaking alleyways of bars with sig..
Headlines
Oil slips on China COVID curbs, weak factory activity data
By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices fell on Monday following weaker-than-expected factory activity data out..
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