Illumina starts job cuts, plans office exit to rein in costs
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Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs
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UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation
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FinTech trends to watch in 2023
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Finance
Yara postpones clean ammonia IPO after weak valuation
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German business sentiment points to likelihood of longer recession
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AB Foods raises profit outlook as Primark gets summer boost
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Defending the fintech industry – why growing ransomware attacks call for a change in security strategy
The success of the sector has led to fintech becoming a treasure trove for threat actors looking to wreak havoc by holding financial ..
Technology
Euronext to sell 11.1% stake in LCH SA to LCH Group
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Analysis-After the buzz, investors are doing their own homework on AI
Concerns about AI have already manifested across markets. Shares in companies like French outsourcing firm Teleperformance and US-bas..
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PwC Australia says staff involved in tax leak face ‘severe’ consequences
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Desperately seeking staff: Paris Airshow lets jobless in for free
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Explainer-Top Indian startup Byju’s battles auditor criticism, board exits
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Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit
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Honda to recall about 1.2 million vehicles in US – NHTSA
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European shares set for worst week in three months, Siemens Energy plunges
A survey showed euro zone business growth virtually stalled this month as the downturn in manufacturing deepened while activity in th..
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UK consumer morale touches 17-month high despite inflation pain – GfK
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Investors increase bets on UK recession as rate hikes bite
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Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources
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Lithium producers warn global supplies may not meet electric vehicle demand
Once a niche event attended by industry die-hards, the Fastmarkets conference has grown rapidly alongside breakneck lithium demand. R..
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Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance
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Microsoft says new computing service for chemicals can slash R&D time
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Aegon bets on Transamerica to boost cash flow and dividend in 2025
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Britain says insurer capital rule changes to start by end of 2023
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Analysis-For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt
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Swiss National Bank calls for new measures after Credit Suisse crash
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Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag
Nasdaq and many of its peers have been morphing into financial technology firms, largely through deals, as regulatory and nationalist..
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Intelsat, SES end merger talks – source
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Oil rallies as grain markets tighten, dollar falls on Fed Chair comments
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Dollar higher after Powell says Fed inflation fight ‘has a long way to go’
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Finance
French send deep diving robot to help Titanic sub search
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Technology
Factbox-Aviation emissions targets in focus at Paris Airshow
By Joanna Plucinska PARIS (Reuters) – Big deals at this week’s Paris Airshow have highlighted a sharp recovery in air tra..
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UK manufacturers see lowest inflation since Feb 2021 – CBI
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German recession will be sharper than expected: Ifo
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UK’s Berkeley forecasts 20% drop in house sales as interest rates rises weigh
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UK’s Halfords expects pricing efforts to drive profits
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European car sales rise in May – ACEA
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