EV maker Rivian prices IPO above range to raise over $11.9 billion
By Echo Wang and Anirban Sen NEW YORK (Reuters) -Amazon-backed electric vehicle (EV) maker Rivian sold shares in its initial public of..
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Smartphone maker Xiaomi switches China playbook with eye toward EV showrooms
By Josh Horwitz SHANGHAI (Reuters) – Chinese smartphone maker Xiaomi Corp is revamping its playbook in its home country by openi..
Business
Volkswagen plans farewell to legendary Santana model in China
BEIJING (Reuters) – Volkswagen plans to stop making Santana cars in China, bidding farewell after over three decades to its firs..
Business
TSMC, Sony to invest $7 billion for new Japanese chip plant
TOKYO (Reuters) – Taiwan Semiconductor Manufacturing Co (TSMC) said on Tuesday it would build a $7 billion chip plant in Japan w..
Business
How are regulators seeking to deal with AI in the financial sector?: The advantages of AI in the banking sector
By: Manoj Mistry, Managing Director at IBOS Association Artificial Intelligence (AI) is complex and constantly evolving. Still in its ..
Finance
World heading for 2.4C of warming after latest climate pledges -analysts
By Kate Abnett GLASGOW (Reuters) – New national pledges to tackle climate change this decade would lead to around 2.4 degrees Ce..
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Greenpeace Germany sues Volkswagen over carbon emissions targets
BERLIN (Reuters) -Environmental activist Clara Mayer and the heads of Greenpeace Germany have sued Volkswagen in a German court, the N..
Business
Women hold only 44.2% of postgraduate management qualifications in France
8 November 2021 Business schools need to improve classroom diversity, finds new report from the Graduate Management Admission Council ..
Business
Eager travellers line up for U.S. flights as COVID travel curbs are lifted
By Tara Oakes and Antony Paone LONDON/PARIS (Reuters) -Travellers excited at the prospect of reuniting with family and friends headed ..
Headlines
Henkel trims earnings outlook on raw material price spike
BERLIN (Reuters) – German consumer goods group Henkel trimmed its full-year earnings outlook on Monday, saying it could not full..
Business
Ant Group starts to differentiate consumer loan business Jiebei from bank loans
BEIJING (Reuters) – China’s Ant Group said on Monday that it is making efforts to “differentiate” part of its ..
Business
Tennis-Raducanu won’t let off-court commitments interfere with training
(Reuters) – Britain’s Emma Raducanu said she will not let her off-court commitments get in the way of training as she look..
News
Global COVID-19 cases hit 250 million, eastern Europe infections at record levels
By Roshan Abraham and Rittik Biswas (Reuters) – Global COVID-19 cases surpassed 250 million on Monday as some countries in easte..
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U.S. job growth regains momentum; worker shortages persist
By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment increased more than expected in October as the headwind from the surge ..
Business
Pfizer says antiviral pill cuts risk of severe COVID-19 by 89%
By Deena Beasley (Reuters) -A trial of Pfizer Inc’s experimental antiviral pill for COVID-19 was stopped early after the drug wa..
News
Japan’s economy likely shrank in Q3 on weak consumption, output – Reuters poll
By Leika Kihara TOKYO (Reuters) – Japan’s economy likely contracted in the third quarter as curbs to contain COVID-19 infe..
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Britain approves Merck’s COVID-19 pill in world first
By Pushkala Aripaka (Reuters) -Britain on Thursday became the first country in the world to approve a potentially game-changing COVID-..
News
Subsiding Delta wave seen boosting U.S. job growth; worker shortages still a constraint
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth likely accelerated in October as the headwind from the surge in COVID-1..
News
Nintendo says chip shortage hitting hardware development
TOKYO (Reuters) – Japan’s Nintendo Co Ltd said on Friday that a global chip shortage which forced the firm to scale back e..
Business
Fintech Currensea launches ‘powered by’ programme to allow charities and businesses to offer cards automatically allocating FX savings to a cause
Currensea, which offers the UK’s first open banking-enabled direct debit travel card, launches its ‘powered-by’ programme, allowing c..
Finance
Business
As remittances to Ukraine soar, Azimo launches fastest-ever service with Ukraine’s leading bank
As remittances to Ukraine soar, Azimo launches fastest-ever service with Ukraine’s leading bank
London: Ukrainians living overseas can now send money instantly to their loved ones back home. That’s thanks to a partnership between Azimo, Europe’s ..
Business
How criticism at work is handled by different cultures
Cultural differences in communication and dealing with conflict lead to significant challenges in international working environments, ..
News
Britain tells climate talks coal era ending as carbon emissions surge
By Kate Abnett and Elizabeth Piper GLASGOW (Reuters) -U.N. conference host Britain said 77 countries had pledged to phase out coal, di..
News
Fed, ECB, and BOE hop aboard the ‘transitory’ inflation express
By Dan Burns and Howard Schneider (Reuters) -The world’s top central banks are pushing back in unison on the idea that higher in..
Finance
LATAM Banking Trojan, Mekotio, Returns in Stronger Form
After Spanish police arrested 16 suspects on charges of laundering funds, the banking trojan used in the crimes makes a comeback. Name..
News
COP26 coalition worth $130 trillion vows to put climate at heart of finance
By Simon Jessop and Andrea Shalal GLASGOW (Reuters) -Banks, insurers and investors with around $130 trillion or 40% of the world’..
News
AirAsia interested in potential Airbus A321neo freighter
By Liz Lee KUALA LUMPUR (Reuters) – Malaysia’s AirAsia Group Bhd is in talks with Airbus SE about its interest in the manu..
Business
Online fashion retailer Zalando’s profit falls as in-store sales rebound
BERLIN (Reuters) -German online fashion retailer Zalando reported a slump in quarterly profit on Wednesday as it offered discounts to ..
Business
UK house prices show unexpected strength in October: Nationwide
LONDON (Reuters) – British house prices rose last month at a faster rate than expected as robust demand and a lack of new homes ..
News
Corporate Social Responsibility practices do not always improve sustainability
2 November 2021 Corporate Social Responsibility practices do not always have a positive effect on sustainability, according to new res..
Business
Digital transformation in corporate lending. The whole is greater than the sum of its parts.
By: Chris Papathanassi- Fintech entrepreneur, The Rubik’s Cube; a difficult nut to crack. It is multi-faceted, offers the ..
Business
Over 100 global leaders pledge to end deforestation by 2030
By Jake Spring and Simon Jessop GLASGOW (Reuters) -More than 100 global leaders have pledged to halt and reverse deforestation and lan..
News
Meta denies Kazakh claim of exclusive access to Facebook’s content reporting system
ALMATY (Reuters) – Facebook owner Meta Platforms on Tuesday denied a claim by the Kazakh government that it had been granted exc..
Business
Maersk triples quarterly profit despite lower container volumes
COPENHAGEN (Reuters) – Shipping group A.P. Moller-Maersk on Tuesday said record-high freight rates boosted quarterly earnings de..
Business
WeWork rival IWG quarterly revenue dips on prolonged pandemic impact
(Reuters) – Office rental firm IWG Plc reported a slight fall in third-quarter revenue on Tuesday as a resurgence in global COVI..
Business
Elon Musk goes viral on Chinese social media with ancient poem post
(Refiles to fix location in dateline) By Eduardo Baptista HONG KONG (Reuters) – The posting of an ancient Chinese poem by Tesla ..
Business
Analysis-‘Perfect storm’: Poor Britons caught in cost-of-living squeeze
By Hugo Greenhalgh LONDON (Thomson Reuters Foundation) – Rising mortgage rates, fuel and grocery prices soaring, national insura..
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