Private equity funds approach Italy’s Serie A to explore media rights deal -sources
By Elvira Pollina MILAN (Reuters) -Apax Partners, Three Hills Capital Partners, Carlyle Group and Searchlight Capital have approached ..
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Bitcoin-sterling volumes spike to record high as British currency flounders
By Elizabeth Howcroft LONDON (Reuters) – Trading volumes between the British pound and the cryptocurrency bitcoin spiked to a re..
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PIMCO CIO says UK market chaos not systemic but will have global impact
(Corrects name of conference to Delivering Alpha in first paragraph) WASHINGTON (Reuters) – The collapse of the British pound an..
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Finland watching its waters closely after gas pipeline blasts, PM says
HELSINKI (Reuters) – Finland is watching its territorial waters very closely following explosions of two Nord Stream gas pipelin..
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Getac helps British Touring Car Championship digitise key race day operations in latest phase of strategic technology partnership
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News
Accelerated Payments Appoints Lee Baty as Head of UK
Anglo-Irish working capital funding provider Accelerated Payments today announced the appointment of Lee Baty as Head of Accelerated..
Business
Italy slashes 2023 growth forecast but sees public finances improving
By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Mario Draghi’s outgoing Italian government on Wednesday slashed next ye..
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Amazon.com unveils device that tracks breath while sleeping
(Reuters) -Amazon.com Inc on Wednesday announced a contactless gadget that can monitor people’s sleep, along with updates to its..
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Explainer-Why is Bank of England acting again? What next in the UK crisis?
LONDON (Reuters) – Britain’s central bank resorted to buying bonds again on Wednesday in an emergency move to reduce the c..
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UK housing market may face perfect storm as mortgage rates rise, house prices drop
By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a likely slowdown in economic gr..
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Britain’s market rout stokes contagion fears around the globe
By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – The scale and speed of the sell-off in British ..
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Chile authorities scour mountains for missing British astronomer
By Natalia A. Ramos Miranda SANTIAGO (Reuters) – Chile authorities on Wednesday were scouring an arid mountainous region of the ..
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Apple falls on fears of slowing iPhone 14 demand
By Medha Singh and Nivedita Balu (Reuters) -Apple Inc shares fell more than 4% on Wednesday after a report that the tech giant was dit..
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Lilium aims to build 400 air taxis a year, seek grants
PARIS (Reuters) – German air taxi developer Lilium Air Mobility plans to set up industrial capacity to make some 400 of its elec..
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What is known so far about the Nord Stream gas pipeline leaks
By Nina Chestney LONDON (Reuters) – Three unexplained gas leaks detected in the Nord Stream 1 and 2 pipelines from Russia to Ger..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
Finance
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..
Finance
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..
Finance
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..
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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..
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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..
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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..
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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..
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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 ..
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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..
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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..
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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..
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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..
Headlines
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..
Technology
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..
Technology
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..
Technology