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Bank of England statement on purchase of long-dated bonds

Bank of England statement on purchase of long-dated bonds

LONDON (Reuters) – The Bank of England said on Wednesday it would start a temporary programme of bond purchases to stabilise the..

Boohoo says exposure to sterling plunge is limited – finance chief

Boohoo says exposure to sterling plunge is limited – finance chief

LONDON (Reuters) – British online fashion retailer Boohoo said on Wednesday its exposure to the recent plunge in the value of th..

Lego posts strong growth on robust demand, new store openings

Lego posts strong growth on robust demand, new store openings

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego on Wednesday posted double-digit sales growth in the first half of the ye..

Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets

Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets

By Lucy Raitano and Andres Gonzalez LONDON (Reuters) – Porsche’s landmark listing is defying market turmoil giving a welco..

Inflation weighs on consumer morale in euro zone’s big three economies

Inflation weighs on consumer morale in euro zone’s big three economies

BERLIN (Reuters) -Consumer morale was down across the euro zone’s three largest economies as high inflation shows no sign of rel..

Drinks group Pernod hires former Kering executive Oudinot for new unit

Drinks group Pernod hires former Kering executive Oudinot for new unit

PARIS (Reuters) – French drinks group Pernod said it had hired Nicolas Oudinot, a former leading executive at luxury goods fashi..

Catering to Gen Z: How to build loyalty with the influential generation

Catering to Gen Z: How to build loyalty with the influential generation

  Terry Duffy, Senior Vice President and General Manager, Self-Service Banking for NCR   Gen Z is predicted to become the la..

Model Risk and Model Governance in the Age of the Fintech

Model Risk and Model Governance in the Age of the Fintech

  By Christopher Warhurst,Technical Director, 4most Fintech lenders aim to challenge and disrupt the standard lending model offer..

Virtual cards in the travel industry

Virtual cards in the travel industry

  By Anjana Haines, Head of Content, The Payments Association Before virtual cards emerged, paying with the company card on busin..

Stocks hit two-year lows, sterling comes under fire

Stocks hit two-year lows, sterling comes under fire

By Wayne Cole and Amanda Cooper LONDON/SYDNEY (Reuters) – World shares sank to two-year lows on Wednesday, hammered by spirallin..

Apple drops plan to boost iPhone production as demand falters-Bloomberg

Apple drops plan to boost iPhone production as demand falters-Bloomberg

(Reuters) -Apple Inc is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed..

White House’s Deese, asked about UK economic plans, stresses ‘fiscal prudence’

White House’s Deese, asked about UK economic plans, stresses ‘fiscal prudence’

By Andrea Shalal WASHINGTON (Reuters) -White House economic adviser Brian Deese said on Tuesday he was not surprised by the negative r..

Meta says it removes China-based propaganda operation targeting U.S. midterms

Meta says it removes China-based propaganda operation targeting U.S. midterms

By Katie Paul (Reuters) -Meta Platforms said on Tuesday it disrupted the first known China-based influence operation focused on target..

British health officials warn of difficult winter with flu and COVID

British health officials warn of difficult winter with flu and COVID

LONDON (Reuters) – British health officials on Wednesday warned that increased circulation of flu and a resurgence in COVID-19 c..

U.S. VP Harris to push against China’s Taiwan policy in Japan speech

U.S. VP Harris to push against China’s Taiwan policy in Japan speech

By Trevor Hunnicutt TOKYO (Reuters) – U.S. Vice President Kamala Harris is expected to take aim at China’s actions toward ..

Jaguar Land Rover sets out to train workers, dealers for EV world

Jaguar Land Rover sets out to train workers, dealers for EV world

By Nick Carey LONDON (Reuters) – Luxury British carmaker Jaguar Land Rover said on Wednesday it would retrain 29,000 employees a..

Factbox-Companies cut jobs, freeze hiring to prepare for economic slowdown

Factbox-Companies cut jobs, freeze hiring to prepare for economic slowdown

(Reuters) – Technology companies, crypto exchanges and financial firms are cutting jobs and slowing hiring as global economic gr..

EU draft rules to make it easier to sue drone makers, AI systems

EU draft rules to make it easier to sue drone makers, AI systems

By Foo Yun Chee BRUSSELS (Reuters) – Individuals and companies that suffer harm from drones, robots and other products or servic..

New coins, banknotes, stamps and cypher for Britain’s King Charles

New coins, banknotes, stamps and cypher for Britain’s King Charles

LONDON (Reuters) – Britain will gradually see coins, banknotes and stamps bearing the image of King Charles, while the new monar..

New figures find nearly half of all business security issues are caused by faulty software

New figures find nearly half of all business security issues are caused by faulty software

As recent news discusses how security breaches are now costing consumers, a new report has revealed how SaaS (Software as a Service) m..

Reducing the risk of encrypted communications in Fintech

Reducing the risk of encrypted communications in Fintech

By Simon Mullis, CTO of Venari Security For highly regulated industries, like finance, protecting sensitive data is not on..

HOW TO USE CONSUMERS’ IP GEOLOCATION FOR BETTER PERSONALIZATION

HOW TO USE CONSUMERS’ IP GEOLOCATION FOR BETTER PERSONALIZATION

By Josh Anton, Chief Strategy Officer for Digital Envoy When it comes to driving engagement with customers, there’s one area marketers..

Shield-IoT and Datora Telecom Partner to Secure Millions of IoT Devices in Brazil

Shield-IoT and Datora Telecom Partner to Secure Millions of IoT Devices in Brazil

New IoT security service protects cellular connected devices from cyber criminals and nation-state threats, “With Shield-IoT, we are a..

Ireland dips into budget surplus to ease cost of living squeeze

Ireland dips into budget surplus to ease cost of living squeeze

By Padraic Halpin and Conor Humphries DUBLIN (Reuters) -Ireland dipped into one of Europe’s few budget surpluses to fund higher-..

Automation is about liberating Financial Services workers not replacing them

Automation is about liberating Financial Services workers not replacing them

  Alistair Sergeant, Founder and CEO of digital consultancy Equantiis and intelligent automation solution, Niico. According to Mc..

NICE Actimize Launches Compliancentral, Industry’s First End-to-End Communications and Trade Compliance Platform

NICE Actimize Launches Compliancentral, Industry’s First End-to-End Communications and Trade Compliance Platform

  The new cloud-based platform empowers firms to know more and risk less by capturing and surveilling complete communication, tra..

Mahalo Banking Partners with UnitedOne Credit Union to Provide Omni-Channel Member Experience

Mahalo Banking Partners with UnitedOne Credit Union to Provide Omni-Channel Member Experience

  Credit union effectively implements new technology to unify and enhance digital experience for member Mahalo Banking, a CUSO th..

Bringing Tax into the cloud era: the possibilities in this transitional digital age

Bringing Tax into the cloud era: the possibilities in this transitional digital age

While it can seem a daunting undertaking, there are several benefits that will mean cloud adoption could take your organisation and y..

Factbox-The challenges automakers, and now Tesla, face with humanoid robots

Factbox-The challenges automakers, and now Tesla, face with humanoid robots

By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s CEO Elon Musk is set to unveil its prototype humanoid robots at an event ..

Food Fraud – What Is It and What Effects Is It Having on German Organic Farming?

Food Fraud – What Is It and What Effects Is It Having on German Organic Farming?

The definition of ‘food fraud’ refers to any food that has been subjected to mislabelling, unauthorised enhancement or dilution of a ..

Iberdrola hires Barclays to sell stake in Spanish renewable portfolio, Expansion says

Iberdrola hires Barclays to sell stake in Spanish renewable portfolio, Expansion says

MADRID (Reuters) – Spanish power company Iberdrola hired Barclays’ investment bank to sell up to 49% in a portfolio of Spa..

Unilever CEO set to leave after GSK debacle, arrival of activist investor

Unilever CEO set to leave after GSK debacle, arrival of activist investor

By Richa Naidu (Reuters) – Unilever said CEO Alan Jope would retire at the end of 2023, announcing the move less than a year aft..

GSK picks Burberry’s Brown as first female CFO

GSK picks Burberry’s Brown as first female CFO

By Amna Karimi and Pushkala Aripaka (Reuters) -GSK named luxury fashion brand Burberry’s Julie Brown as its first ever female ch..

Exclusive-With eye on Big Tech, energy crisis, EU telcos call for shared network costs

Exclusive-With eye on Big Tech, energy crisis, EU telcos call for shared network costs

By Foo Yun Chee BRUSSELS (Reuters) – Deutsche Telekom, Orange, Telefonica and 13 other European telecoms providers on Monday mad..

Sterling plunges to all-time low in scathing appraisal of fiscal plan

Sterling plunges to all-time low in scathing appraisal of fiscal plan

By Kevin Buckland TOKYO (Reuters) -Sterling tumbled nearly 5% to an all-time low on Monday as investors ran for the exits after the ne..

Auto suppliers feel the green squeeze as carmakers get clean

Auto suppliers feel the green squeeze as carmakers get clean

By Nick Carey, Victoria Waldersee and Giulio Piovaccari TAMWORTH, England (Reuters) – The auto industry’s drive to a green..

New Zealand marks Queen Elizabeth’s passing on national day of mourning

New Zealand marks Queen Elizabeth’s passing on national day of mourning

SYDNEY (Reuters) – Prime Minister Jacinda Ardern led a state memorial service for Queen Elizabeth II on Monday, saying the Pacif..