Italy’s Bending Spoons to take Brightcove private in $233 million deal
(Reuters) – Cloud-based streaming platform Brightcove said on Monday Bending Spoons will buy the company in a transaction va..
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Squirro Listed Among Top 100 Financial Technology Companies of 2024
Zurich, November 21, 2024 Squirro, a leading enterprise GenAI platform provider, is excited to announce that it has been listed among ..
Technology
German defence firm Renk Group appoints Alexander Sagel as CEO
(Reuters) – German defence firm Renk Group said on Sunday it had appointed management board member Alexander Sagel as CEO effect..
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Explainer-COP29 – How does $300 billion stack up?
By Karin Strohecker and Simon Jessop BAKU (Reuters) – Countries agreed at the U.N.’s COP29 climate conference to spend $30..
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Thyssenkrupp: expert opinion gives positive view for steel business
DUESSELDORF, Germany (Reuters) -An expert opinion on the financial needs of Thyssenkrupp’s crisis-hit steel division has given a..
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Dollar dips with Treasury yields after Bessent pick
By Wayne Cole SYDNEY (Reuters) – The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for..
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ThreatQuotient Publishes 2024 Evolution of Cybersecurity Automation Adoption Research Report
Survey results highlight that cybersecurity automation is now an important part of cybersecurity professionals’ defensive strategy – b..
Technology
Dollar rises after claims data, bitcoin continues rally
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar rose to a 13-month high in choppy trading on Thursday as investors assessed the la..
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SNB board member says inflation is within target range
By Emma Farge GENEVA (Reuters) – Swiss National Bank governing board member Petra Tschudin said on Thursday that inflation was c..
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Economists see Russian inflation exceeding the central bank’s 2024 estimate
By Gleb Bryanski and Darya Korsunskaya MOSCOW (Reuters) – Leading Russian economists expect inflation in Russia to exceed the ce..
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Fox and Hulu announce multi-year content streaming partnership
(Reuters) – Fox Entertainment and Hulu announced on Thursday a multi-year content deal whereby the Walt Disney-controlled stream..
News
Nissan Motor urges UK to ease EV targets amid weak demand
(Reuters) – Nissan Motor urged the UK government on Wednesday to ease up its electric vehicle mandate, which encourages manufact..
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Elf Beauty stock slides after Muddy Waters says it has shorted its shares
By Nell Mackenzie LONDON (Reuters) – Muddy Waters has taken a short position in cosmetics company Elf Beauty, the hedge fundR..
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Investors lift US dollar, focus on Federal Reserve outlook
By Chuck Mikolajczak NEW YORK (Reuters) -The U.S. dollar rose on Wednesday, renewing its post-election rally after a three-session dec..
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LetterOne loses first UK national security appeal over forced broadband sale
LONDON (Reuters) -Russian oligarch-backed investment firm LetterOne lost its challenge to the enforced sale of a broadband provider on..
News
Understanding the roadmap to frictionless cross-border payments
Nick Botha, Global Payments Lead at AutoRek By Nick Botha, Global Payments Lead at AutoRek As international trade and e-co..
Finance
Juice Ranked Number 28 Fastest Growing Technology Company in the UK in the 2024 Deloitte Technology Fast 50
Juice attributes its 945 per cent revenue growth to tailored funding solutions for e-commerce businesses using AI and real-time data f..
Technology
HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients
By Lawrence White LONDON (Reuters) – HSBC is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so..
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Swiss bank EFG on course for record profit, CEO says
ZURICH (Reuters) -EFG International is on course to beat last year’s net profit and record its most profitable year, the Swiss p..
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Banks, construction shares lead rebound in Europe’s STOXX 600
(Reuters) – Europe’s main stock index opened higher on Wednesday after a three-session decline, as construction and bank s..
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Dollar touches one-week low as safety bid, ‘Trump trade’ momentum ebb
By Kevin Buckland TOKYO (Reuters) -The U.S. dollar slipped to a one-week low versus major peers on Wednesday, looking to extend a thre..
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UK retail warns of inflation and job losses from budget, seeks Reeves meeting
LONDON (Reuters) – Britain’s biggest retailers have written to finance minister Rachel Reeves to warn her that last month&..
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Global shares soft; dollar, bond yields hold near multi-month highs
By Samuel Indyk and Rae Wee LONDON (Reuters) -The U.S. dollar and bond yields held near multi-month peaks on Monday on expectations th..
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Portugal airline TAP’s profit drops on forex losses, higher wage costs
LISBON (Reuters) – Portugal’s flag carrier TAP reported a 35% slump in third-quarter net profit on Monday to 118 million e..
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China and Britain enjoy vast space for cooperation, Xi tells Starmer
BEIJING (Reuters) – Chinese President Xi Jinping told British Prime Minister Keir Starmer Monday that the two countries enjoy a ..
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UK creates new businesses at slowest rate since 2010
LONDON (Reuters) – Britons started new businesses last year at the slowest rate since 2010, a potential warning sign for longer-..
Business
Philippines urges residents to flee as super typhoon Man-Yi strengthens on approach
MANILA (Reuters) -Philippine authorities issued an urgent appeal on Saturday for residents in low-lying areas and coastal towns to mov..
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TikTok parent ByteDance’s valuation hits $300 billion, sources say
By Echo Wang and Chandni Shah (Reuters) -TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it rec..
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While farmers protest, UK’s Starmer says will defend budget ‘all day long’
LONDON (Reuters) -British Prime Minister Keir Starmer said on Saturday he would defend decisions taken in his Labour government’..
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Philippines urges residents to flee as super typhoon Man-Yi strengthens on approach
MANILA (Reuters) -Philippine authorities issued an urgent appeal on Saturday for residents in low-lying areas and coastal towns to mov..
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OMV says its gas deliveries from Russia have stopped
BERLIN (Reuters) – Austrian energy company OMV said gas deliveries from Russia had ended at 6 a.m. (0500 GMT) on Saturday, but t..
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Dutch government crisis defused, prime minister says
AMSTERDAM (Reuters) – A government crisis in the Netherlands was avoided in a tense emergency meeting on Friday, as a cabinet me..
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Italy’s Moltiply sole suitor for ProSieben’s e-unit Verivox, sources say
By Elvira Pollina and Amy-Jo Crowley MILAN (Reuters) – Italy’s Moltiply Group has emerged as the only bidder for German me..
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Northvolt has considered US bankruptcy protection, sources say
By Marie Mannes STOCKHOLM (Reuters) – Swedish battery maker Northvolt has been discussing the possibility of bankruptcy protecti..
Business
TotalEnergies’ Suriname project kicks off with $3 billion in contract awards
By America Hernandez PARIS/MILAN (Reuters) -French oil major TotalEnergies has awarded engineering contracts worth at least $3 billion..
Finance
Siemens stock surges after Q4 profit beat, flags rising global risks
By John Revill ZURICH (Reuters) -Siemens stock surged on Thursday after the engineering company posted better than expected results an..
Finance
Iliad earnings jump 13.6% boosted by subscriber growth across markets
By Gianluca Lo Nostro and Leo Marchandon (Reuters) -French telecoms operator Iliad announced on Thursday a 13.6% increase in its nine-..
Finance