Business

France’s Vivendi sells 2.9% of Universal to Pershing Square for $1.15 billion

France’s Vivendi sells 2.9% of Universal to Pershing Square for $1.15 billion

PARIS (Reuters) – Billionaire hedge fund manager William Ackman’s Pershing Square fund has committed to acquire an additio..

EIG Global Energy Partners submits offer for Petrobras pipelines in Brazil, source says

EIG Global Energy Partners submits offer for Petrobras pipelines in Brazil, source says

By Gram Slattery RIO DE JANEIRO (Reuters) – U.S. private equity firm EIG Global Energy Partners submitted a binding offer worth ..

Toshiba in talks with four investment firms for strategic ideas -sources

Toshiba in talks with four investment firms for strategic ideas -sources

By Makiko Yamazaki and Scott Murdoch TOKYO/HONG KONG (Reuters) -Toshiba Corp is in talks with at least four global private equity firm..

S.Korea parliament committee votes to curb Google, Apple commission dominance

S.Korea parliament committee votes to curb Google, Apple commission dominance

SEOUL (Reuters) – A South Korean parliamentary committee voted early on Wednesday to recommend amending a law, a key step toward..

McDonald’s milkshakes off the British menu after supply chain issues

McDonald’s milkshakes off the British menu after supply chain issues

LONDON (Reuters) – McDonald’s said it had taken milkshakes and bottled drinks off the menu at all of its British restauran..

UK economic growth slowed again in August as post-lockdown shortages bite – PMI

UK economic growth slowed again in August as post-lockdown shortages bite – PMI

LONDON (Reuters) – Britain’s post-lockdown economic bounce-back slowed sharply in August as companies struggled with unpre..

Shares in UK chain Sainsbury’s jump 11% on report of buyout interest

Shares in UK chain Sainsbury’s jump 11% on report of buyout interest

(Reuters) – Shares in Sainsbury’s jumped 11% to a three-year high on Monday after a report over the weekend said private e..

Factbox-How Big Tech is faring against U.S. lawsuits and probes

Factbox-How Big Tech is faring against U.S. lawsuits and probes

(Reuters) – Big Tech platforms Facebook Inc and Google have been hit with a series of antitrust lawsuits by the U.S. federal gov..

Musk says Tesla will launch prototype of humanoid robot next year

Musk says Tesla will launch prototype of humanoid robot next year

SAN FRANCISCO (Reuters) – Tesla Inc CEO Elon Musk on Thursday said it will probably launch the prototype of a humanoid robot cal..

Business

Gold-based fintech Glint smashes another landmark passing £200m in transactions processed since launch

Gold-based fintech Glint smashes another landmark passing £200m in transactions processed since launch

49% jump since January as popularity of alternative currencies gathers pace due to inflation rises Recent successful UK crowdfunding campaign raised o..

Global Digital Business Identity Initiative Launches to Boost Financial Inclusion for African Businesses

Global Digital Business Identity Initiative Launches to Boost Financial Inclusion for African Businesses

LSEG (London Stock Exchange Group), Zimbabwe’s NMB Bank Limited, GLEIF, Cenfri and Cornerstone unlock access to trade finance and boos..

bsurance and Amodo take car insurance into the fast lane with industry’s first AI-driven usage products

bsurance and Amodo take car insurance into the fast lane with industry’s first AI-driven usage products

Partnership will enable consumers to secure tailored car insurance deals easily, without friction London, UK: bsurance, a leading B2B2..

Robinhood sees retail traders taking a breather in third quarter

Robinhood sees retail traders taking a breather in third quarter

By Sohini Podder, John McCrank and Sinéad Carew (Reuters) – Robinhood Markets Inc expects retail investors to become less active..

Automobile shortages, spending shift to services hurt U.S. retail sales

Automobile shortages, spending shift to services hurt U.S. retail sales

By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales fell more than expected in July as shortages depressed motor vehicle ..

Making the business case for accounts payable automation

Making the business case for accounts payable automation

By Shannon Kreps, Vice President of product marketing, Medius Accounts payable (AP) automation is no longer considered a luxury for ju..

Is it time to build the business case for finance transformation in your organisation?

Is it time to build the business case for finance transformation in your organisation?

By Nick Felton, Chief Sales Officer, MHR Analytics Over the past 18 months during the pandemic, digital technologies and how businesse..

Forever Living Launches New Fast Absorbing Aloe Body Lotion

Forever Living Launches New Fast Absorbing Aloe Body Lotion

12 August 2021 Forever Living has launched a new lightweight formula Aloe Body Lotion to quickly deliver the benefits of pure aloe ver..

British Airways not currently using Afghanistan airspace

British Airways not currently using Afghanistan airspace

LONDON (Reuters) – British Airways is not currently using Afghanistan’s airspace, the airline said on Sunday as Taliban in..

BHP in talks to sell global oil, gas business to Australia’s Woodside

BHP in talks to sell global oil, gas business to Australia’s Woodside

By Sonali Paul MELBOURNE (Reuters) – BHP Group Ltd is in talks to sell its petroleum business to Australia’s top independe..

Break in case of emergency – plan early, plan now, for effective crisis comms

Break in case of emergency – plan early, plan now, for effective crisis comms

Kat Jackson, Associate Director, The Media Foundry  Want to know the best way to make a complete drama out of a crisis? Not being prep..

The future of working from home – and other benefits that candidates want

The future of working from home – and other benefits that candidates want

 By Kelley Morse, VP, Talent & Business Partnering, Bullhorn The coronavirus pandemic has proven that working in an office isn’t n..

The future of working from home – and other benefits that candidates want

The future of working from home – and other benefits that candidates want

 By Kelley Morse, VP, Talent & Business Partnering, Bullhorn The coronavirus pandemic has proven that working in an office isn’t n..

How the pandemic has driven a rise in virtual tours

How the pandemic has driven a rise in virtual tours

By Mark McCorrie, Made Snappy The pandemic has changed so much about the way we think about our homes – not just obvious things like a..

GoStudent becomes Europe’s newest Ed-Tech unicorn  at a €1.4B valuation

GoStudent becomes Europe’s newest Ed-Tech unicorn at a €1.4B valuation

GoStudent achieves unicorn status, securing its position as the highest valued K12 Ed-Tech company in Europe €205M Series C investmen..

UK fintech is surging. How can businesses stand out?

UK fintech is surging. How can businesses stand out?

Kat Jackson, Associate Director, The Media Foundry The UK fintech scene is in especially rude health. In the last month alone, we’ve s..

US inflation – Fed yet to get a grip on escalating inflation

US inflation – Fed yet to get a grip on escalating inflation

Jason Cozens, Founder & CEO of Glint, says: “We’re in the midst of an economic climate where a month without a spike i..

MONAT® launches NEW WELLNESS COLLECTION

MONAT® launches NEW WELLNESS COLLECTION

The luxury vegan beauty brand, MONAT®, is excited to unveil the launch of its NEW Wellness Collection. This collection is designed to ..

Wind turbine maker Vestas cuts 2021 outlook on supply constraints and costs

Wind turbine maker Vestas cuts 2021 outlook on supply constraints and costs

COPENHAGEN (Reuters) – Vestas cut its 2021 outlook on Wednesday after missing second-quarter operating profit forecasts as the w..

Deliveroo reports doubling in gross order value in first half

Deliveroo reports doubling in gross order value in first half

LONDON (Reuters) – Food delivery company Deliveroo said the value of orders on its platform more than doubled in the first half,..

Cheshire fintech Income Group expands ‘Faster Payments for payroll’ footprint through new Zellis partnership

Cheshire fintech Income Group expands ‘Faster Payments for payroll’ footprint through new Zellis partnership

Neston-based Income Group along with strategic partner Mastercard will power a new collaboration with Zellis, providing faster payment..

A new era for payments in the retail industry

A new era for payments in the retail industry

a comment by Rene Pomassl, CEO at Salamantex Bitcoin has been around since 2009, and we saw a period of activity and excitement in l..

82% of financial service organisations have become more reliant on data following the Covid pandemic

82% of financial service organisations have become more reliant on data following the Covid pandemic

More financial service firms have harnessed data over the last 12 months to gain insight into business performance 82% of financial s..

The Role Of Digital In Small Business Pandemic Recovery

The Role Of Digital In Small Business Pandemic Recovery

By Glen Foster, Director, Small Business and Partners at Xero UK  The challenges faced by small businesses over the past year have had..

Thomson Reuters lifts sales outlook on back of earnings beat

Thomson Reuters lifts sales outlook on back of earnings beat

By Kenneth Li and Nick Zieminski NEW YORK (Reuters) -Thomson Reuters Corp reported better-than-expected results in the second quarter ..

U.S. weekly jobless claims fall; layoffs lowest in more than 21 years

U.S. weekly jobless claims fall; layoffs lowest in more than 21 years

By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits declined further la..

Boeing 737 MAX departs for key test flight in China

Boeing 737 MAX departs for key test flight in China

By Eric M. Johnson and Norihiko Shirouzu SEATTLE/BEIJING (Reuters) -A Boeing Co 737 Max jet departed for China on Wednesday to conduct..

Siemens raises profit guidance again as orders surge

Siemens raises profit guidance again as orders surge

By John Revill ZURICH (Reuters) -Siemens became the latest industrial firm to report a post-pandemic surge in demand, prompting the Ge..