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..
Headlines
All Posts
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..
Headlines
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 ..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
Apple workers in Australia gear up for more strike action
By Lewis Jackson SYDNEY (Reuters) – Hundreds of Apple workers in Australia are set to strike again after almost two-thirds of em..
Headlines
Stocks rally wobbles as Fed hike draws near
By Tom Westbrook SINGAPORE (Reuters) – Asian stock markets wobbled higher on Monday as hopes waned that the U.S. Federal Reserve..
Headlines
Global ESG Consultancy, Longevity Partners, appoints two new senior board members
Longevity Partners is pleased to announce the appointment of two highly experienced senior advisors to the US and global manage..
Business
Bank of England poised to raise rates by most in 33 years
By William Schomberg LONDON (Reuters) – The Bank of England looks set to raise borrowing costs by the most since 1989 next week ..
Headlines
Baillie Gifford funds bought more shares of China’s Pinduoduo, NIO in Q3
By Summer Zhen HONG KONG (Reuters) – Baillie Gifford, one of the largest asset managers in Europe and a China bull in recent yea..
Headlines
U.S. climate envoy Kerry: King Charles at COP27 would be ‘very powerful’
LONDON (Reuters) – It would be “very powerful” if King Charles attended the COP27 climate summit in Egypt, U.S. spec..
Headlines
French asset manager Amundi posts Q3 outflows of $13 billion
By Carolyn Cohn LONDON (Reuters) -Amundi posted net outflows of 12.9 billion euros ($12.86 billion) in the third quarter, the French a..
Headlines
Swedish Match continues to see strong smoke-free sales growth
(Reuters) -Nicotine and tobacco products group Swedish Match on Friday reported third-quarter operating profit in line with forecasts ..
Headlines
Porsche posts 40% jump in nine-month operating profit
BERLIN (Reuters) -Porsche reported a 40.6% leap in operating profit to more than 5 billion euros ($4.99 billion) on revenue up 15.7% i..
Headlines
Analysis-European retailers are on investors’ naughty lists this Christmas
By Joice Alves LONDON (Reuters) – The Christmas shopping period is unlikely to bring relief to European retailers that sell anyt..
Headlines
Lights maker Signify cuts annual outlook on lower consumer demand, China woes
(Reuters) -Signify, the world’s biggest maker of lights, cut its full-year profit margin and sales guidance on Friday, hit by lo..
Headlines
Equinor posts record profit boosted by soaring gas
By Nerijus Adomaitis and Nora Buli OSLO (Reuters) – Equinor on Friday posted forecast-beating record profits for the third quart..
Headlines
South Korea has not supplied lethal weapons to Ukraine, president says
SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Friday Seoul has not provided any lethal weapons to Ukraine, afte..
Headlines
Universal Music Q3 earnings beat expectations, streaming growth slows
AMSTERDAM (Reuters) -Universal Music Group NV (UMG), the largest record label, on Thursday reported better than expected third-quarter..
Headlines
Food group Danone raises 2022 outlook as third-quarter sales beat expectations
By Dominique Vidalon PARIS (Reuters) – French food group Danone on Thursday raised its 2022 revenue growth forecast after its th..
Headlines