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Instagram fixes bug that triggered hours-long outage

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..

Stocks fall, bond yields rise as focus shifts to Fed, rate outlook

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..

Monte dei Paschi’s cash call 93% covered so far despite low shareholder take-up

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..

Factbox-Governments act to ease inflation pain

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 ..

Retail CBDCs: what’s in it for the banks?

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..

Three keys for fintech leaders looking to drive growth in today’s economy

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..

How a cashless society can help drive economic growth in emerging markets 

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..

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..

Neem’s embedded finance platform enabled by global payments leader BPC

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..

Mambu Announces Extended Cloud Approach with Three Leading Cloud Providers

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..

Kapitus Selects Mambu to Deliver Modern Lending Solutions for SMBs 

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..

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..

PowerX Technology Ltd appoints Andrew Schafer as CEO to accelerate global growth.

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..

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..

Seoul crush hits storied Itaewon nightlife district on verge of renewal

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..

Oil slips on China COVID curbs, weak factory activity data

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..

Apple workers in Australia gear up for more strike action

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..

Stocks rally wobbles as Fed hike draws near

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..

Global ESG Consultancy, Longevity Partners, appoints two new senior board members

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..

Bank of England poised to raise rates by most in 33 years

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 ..

Baillie Gifford funds bought more shares of China’s Pinduoduo, NIO in Q3

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..

U.S. climate envoy Kerry: King Charles at COP27 would be ‘very powerful’

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..

French asset manager Amundi posts Q3 outflows of $13 billion

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..

Swedish Match continues to see strong smoke-free sales growth

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 ..

Porsche posts 40% jump in nine-month operating profit

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..

Analysis-European retailers are on investors’ naughty lists this Christmas

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..

Lights maker Signify cuts annual outlook on lower consumer demand, China woes

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..

Equinor posts record profit boosted by soaring gas

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..

South Korea has not supplied lethal weapons to Ukraine, president says

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..

Universal Music Q3 earnings beat expectations, streaming growth slows

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..

Food group Danone raises 2022 outlook as third-quarter sales beat expectations

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..

French unions unanimously sign wage agreement with EDF, company says

French unions unanimously sign wage agreement with EDF, company says

PARIS (Reuters) – France’s EDF has formally signed a wage agreement for its workers in the country with all unions present..

ECB raises interest rates again, cuts bank subsidies

ECB raises interest rates again, cuts bank subsidies

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank raised interest rates again on Thursday a..

Unilever downbeat on Europe, China consumer sentiment

Unilever downbeat on Europe, China consumer sentiment

By Richa Naidu LONDON (Reuters) -Unilever Plc on Thursday gave a dire assessment of consumer sentiment in Europe and China, two of its..

Capgemini ‘comfortable’ with top end 2022 targets but sees demand slowing

Capgemini ‘comfortable’ with top end 2022 targets but sees demand slowing

By Dagmarah Mackos (Reuters) -French IT consulting group Capgemini sees demand slowing in 2023 but expects results at the top end of g..

Oil rises on strong crude demand, despite China fears

Oil rises on strong crude demand, despite China fears

By Alex Lawler LONDON (Reuters) -Oil rose on Thursday, extending a rally of nearly 3% in the previous session, as optimism over record..

Britain’s car output drops 6% as supply woes persist

Britain’s car output drops 6% as supply woes persist

(Reuters) – British car production dropped 6% in September, an industry body said on Thursday, as the sector continues to bear t..