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Harley-Davidson profit drops on rising costs and chip shortages

Harley-Davidson profit drops on rising costs and chip shortages

By Bianca Flowers (Reuters) -Harley-Davidson Inc reported a drop in first-quarter profit, in line with Wall Street expectations, as ma..

BoE set to walk the line between inflation and recession

BoE set to walk the line between inflation and recession

By William Schomberg LONDON (Reuters) – The Bank of England next week will try to walk what Governor Andrew Bailey calls a ̶..

Renault to offload its stake in Lada maker for one rouble, Russia says

Renault to offload its stake in Lada maker for one rouble, Russia says

(Reuters) -Renault will transfer its 68% stake in Russia’s biggest carmaker Avtovaz to an auto research institute for one symbol..

Iron man Elon Musk places his Tesla battery bets

Iron man Elon Musk places his Tesla battery bets

By Hyunjoo Jin and Paul Lienert (Reuters) – As Tesla’s profits and prices grabbed headlines last week, a potentially pivot..

Spending drive knocks Spotify shares after Q1 beat

Spending drive knocks Spotify shares after Q1 beat

(Reuters) -Spotify Technology said currency moves and a big increase in hiring would push it to an operating loss in the second quarte..

Russia halts gas to Poland, Bulgaria, taking aim at European economies

Russia halts gas to Poland, Bulgaria, taking aim at European economies

By Marek Strzelecki, Tsvetelia Tsolova and Pavel Polityuk WARSAW/SOFIA/KYIV (Reuters) -Russia halted gas supplies to Bulgaria and Pola..

Economic growth risks jolt inflation-obsessed markets

Economic growth risks jolt inflation-obsessed markets

(Refiles to fix date to April 27 not April 26) By Sujata Rao and Dhara Ranasinghe LONDON (Reuters) – After months focusing on ce..

Brexit has added 6% to Britain’s food bills, researchers say

Brexit has added 6% to Britain’s food bills, researchers say

By David Milliken LONDON (Reuters) – Extra trade barriers created by Britain’s exit from the European Union and subsequent..

Shufti Pro Partners with Banxy to Create a Seamless Customer Onboarding Experience

Shufti Pro Partners with Banxy to Create a Seamless Customer Onboarding Experience

  IDV provider Shufti Pro today announced that it has entered into a strategic partnership with the mobile bank, Banxy, to offer ..

Lexington Gold Ltd

Lexington Gold Ltd

£335,000 Unsecured Convertible Loan Lexington Gold (AIM: LEX), the gold exploration and development company with projects in North and..

Allica Bank launches fixed rates to support SMEs following Base Rate uncertainty

Allica Bank launches fixed rates to support SMEs following Base Rate uncertainty

  Allica Bank – the fintech challenger bank dedicated to empowering Britain’s established small and medium sized businesses – has..

Personetics Launches Sustainability Insights, a Next-Generation Solution for Banks to help Customers Reduce their Carbon Footprint  

Personetics Launches Sustainability Insights, a Next-Generation Solution for Banks to help Customers Reduce their Carbon Footprint  

  New customer transaction data-driven solution enables banks to show customers their carbon footprint and suggests ways to reduc..

Levels of Trust in Financial Services Reaches All-Time High

Levels of Trust in Financial Services Reaches All-Time High

  Increased Use of Technology and Product Personalization Fuel Investor Trust, CFA Institute Investor Trust Study Reveals London,..

SH Payments announces Irmantas Kamienas as CEO to lead European expansion 

SH Payments announces Irmantas Kamienas as CEO to lead European expansion 

Lithuania, 21st April 2022 – SH Payments, a leading provider of tier one banking and payments services, has today announc..

Iveco supply issues to peak this quarter after weighing down Q1

Iveco supply issues to peak this quarter after weighing down Q1

MILAN (Reuters) -Italy’s Iveco Group said on Tuesday supply chain disruptions would peak in the second quarter, after they preve..

Britain says EU will struggle to shift euro clearing from London

Britain says EU will struggle to shift euro clearing from London

By Huw Jones LONDON (Reuters) – Britain’s financial services minister said on Tuesday that the European Union would find i..

Indonesia’s palm oil export ban seen short-lived on limited storage

Indonesia’s palm oil export ban seen short-lived on limited storage

By Bernadette Christina and Rajendra Jadhav JAKARTA/MUMBAI (Reuters) -Indonesia’s ban on palm oil exports is unlikely to last mo..

Exclusive-EU to move away from emergency phase of COVID pandemic – document

Exclusive-EU to move away from emergency phase of COVID pandemic – document

By Francesco Guarascio BRUSSELS (Reuters) – The European Commission is set to say the EU has entered a new post-emergency phase ..

Musk’s Twitter deal could test Tesla executive bench

Musk’s Twitter deal could test Tesla executive bench

By Hyunjoo Jin SAN FRANCISCO (Reuters) -Elon Musk’s move to buy Twitter for $44 billion has raised concerns about the depth of e..

GE shares slump as supply chain, inflationary woes threaten profit outlook

GE shares slump as supply chain, inflationary woes threaten profit outlook

By Rajesh Kumar Singh and Abhijith Ganapavaram (Reuters) – General Electric Co on Tuesday said fresh COVID-19-related lockdowns ..

Be simple in bank capital, Bank of England tells global regulators

Be simple in bank capital, Bank of England tells global regulators

By Huw Jones LONDON (Reuters) – The complex system of bank capital buffers could be radically simplified to encourage banks to k..

The man who evacuated 200 people from Mariupol in a battered red van

The man who evacuated 200 people from Mariupol in a battered red van

By Tom Balmforth and Parniyan Zemaryalai KYIV (Reuters) – As Russian forces tightened their siege of Mariupol and missiles raine..

Warner Bros Discovery adds 2 million subscribers in first quarter

Warner Bros Discovery adds 2 million subscribers in first quarter

By Eva Mathews and Helen Coster (Reuters) -Warner Bros Discovery said on Tuesday it added about 2 million paid streaming subscribers i..

Factbox – Companies count the cost of ditching Russia

Factbox – Companies count the cost of ditching Russia

(Reuters) – Multinational companies that announced their exit from Russia, or suspension of activities there, after its invasion..

Siya Kolisi empowers next generation with Red Bull Roots

Siya Kolisi empowers next generation with Red Bull Roots

Legendary captain’s new clinic upskills young South African rugby players. South African rugby union captain Siya Kolisi has est..

ADM beats profit estimates as Ukraine crisis stokes crop shortages

ADM beats profit estimates as Ukraine crisis stokes crop shortages

By Karl Plume and Ruhi Soni (Reuters) -Global grain trader Archer-Daniels-Midland Co reported a higher-than-expected quarterly profit ..

Explainer-Scientists investigate hepatitis outbreak in children in Europe and US

Explainer-Scientists investigate hepatitis outbreak in children in Europe and US

By Jennifer Rigby and Natalie Grover LONDON (Reuters) – Health authorities around the world are investigating a mysterious incre..

Spain’s King Felipe reveals 2.6 million euros in wealth in bid to make Royal House more transparent

Spain’s King Felipe reveals 2.6 million euros in wealth in bid to make Royal House more transparent

MADRID (Reuters) -Spain’s King Felipe VI disclosed that his wealth is worth about 2.6 million euros ($2.8 million) as the govern..

Oil rebounds from drop on China demand concerns

Oil rebounds from drop on China demand concerns

By Rowena Edwards LONDON – Oil prices rebounded in volatile trading on Tuesday as the market weighed concerns over Russian suppl..

UPS shares fall as consumer caution dims e-commerce outlook

UPS shares fall as consumer caution dims e-commerce outlook

(Reuters) -United Parcel Service Inc on Tuesday reported better-than-expected quarterly earnings, but shares fell 3% after executives ..

HSBC puts 2022 buyback ambitions on ice as inflation accelerates

HSBC puts 2022 buyback ambitions on ice as inflation accelerates

By Anshuman Daga and Lawrence White SINGAPORE/LONDON (Reuters) -HSBC has shelved plans for new stock buybacks this year after reportin..

Trump held in contempt for not complying with subpoena in business probe

Trump held in contempt for not complying with subpoena in business probe

By Luc Cohen and Karen Freifeld (Reuters) -A New York judge on Monday held former President Donald Trump in contempt of court for not ..

Electricity exchanges urge Spain, Portugal not to act alone on power prices

Electricity exchanges urge Spain, Portugal not to act alone on power prices

By Isla Binnie MADRID (Reuters) – Power trading platforms are urging the Spanish government not to intervene alone in the system..

Finland, Sweden to begin NATO application in May, say local media reports

Finland, Sweden to begin NATO application in May, say local media reports

HELSINKI (Reuters) -Finland and Sweden will together express their wish to join NATO in May, tabloid newspapers Iltalehti in Finland a..

Graphic chip price drop raises questions on whether end of shortage is in sight

Graphic chip price drop raises questions on whether end of shortage is in sight

By Jane Lanhee Lee, Chavi Mehta and Noel Randewich (Reuters) – A sharp drop in graphic chip prices could presage an unexpectedly..

Stocks, commodities prices tumble on hawkish Fed, China worries

Stocks, commodities prices tumble on hawkish Fed, China worries

By Chris Prentice and Marc Jones WASHINGTON/LONDON (Reuters) -Traders ditched riskier assets on Monday as relief over Emmanuel Macron&..

Headlines

UnitedHealth to sell Change Healthcare’s claims business for $2.2 billion

UnitedHealth to sell Change Healthcare’s claims business for $2.2 billion

(Reuters) -UnitedHealth Group has agreed to sell Change Healthcare’s claims editing business for $2.2 billion in a move some analysts say could ..