Finance

Manchester United tanks on report Glazers may avoid sale with new investment

Manchester United tanks on report Glazers may avoid sale with new investment

The English soccer club’s stock fell to $18.91, its lowest since late November, when the Glazers had started weighing options i..

Banking stability worries go behind closed doors at IMF-World Bank meetings

Banking stability worries go behind closed doors at IMF-World Bank meetings

The IMF opened the week by warning that a major new flare-up of banking system turmoil could slam global growth back to 1% this year,..

Dollar drops as inflation cools more than expected

Dollar drops as inflation cools more than expected

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expect..

Dollar dips ahead of inflation data later this week

Dollar dips ahead of inflation data later this week

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whe..

World stocks cling to upbeat mood, dollar stalls

World stocks cling to upbeat mood, dollar stalls

By Dhara Ranasinghe LONDON (Reuters) -World stocks rallied on Tuesday as traders held onto hope that interest rates will soon peak and..

Wall Street slips, dollar gains as Fed seen hiking rates in May

Wall Street slips, dollar gains as Fed seen hiking rates in May

By Herbert Lash NEW YORK (Reuters) – U.S. stock indexes fell and the dollar rose on Monday after strong jobs data last week sugg..

London’s FTSE 100 climbs ahead of Easter break

London’s FTSE 100 climbs ahead of Easter break

By Sruthi Shankar and Shristi Achar A (Reuters) -UK’s blue-chip index rose on Thursday, gaining for a third consecutive week, as..

Wall St ends lower, Treasury yields slide as data fuels recession jitters

Wall St ends lower, Treasury yields slide as data fuels recession jitters

By Stephen Culp NEW YORK (Reuters) – U.S. stocks lost ground on Wednesday and Treasury yields extended their decline as a batch ..

Analysis-Global climate coalitions need safer harbour from antitrust turbulence

Analysis-Global climate coalitions need safer harbour from antitrust turbulence

LONDON (Reuters) -Global companies that form alliances to help them to tackle climate change need clear “safe harbour” gui..

Cryptoverse: Bitcoin traders like their options

Cryptoverse: Bitcoin traders like their options

By Medha Singh and Lisa Pauline Mattackal (Reuters) – Even as bitcoin flies high, investors are keeping their options open, judg..

Bank of England still needs to ‘see the job through’ on inflation: Pill

Bank of England still needs to ‘see the job through’ on inflation: Pill

By David Milliken LONDON (Reuters) -Britain’s central bank still cannot be sure that it has raised interest rates enough to tame..

Britain’s Next sees lower clothing inflation, shares dip on cautious outlook

Britain’s Next sees lower clothing inflation, shares dip on cautious outlook

By James Davey LONDON (Reuters) -British fashion retailer Next reported a better-than-expected 5.7% rise in annual profit on Wednesday..

How can businesses gain a competitive edge in financial planning in 2023?

How can businesses gain a competitive edge in financial planning in 2023?

  By Gavin Fallon, General Manager – UK at Intelligent Planning leader, Board Global conflicts, rising inflation, an..

Dollar outshines euro, sterling amid European bank jitters

Dollar outshines euro, sterling amid European bank jitters

By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dollar on Friday amid lingering..

Co-Innovation project with Standard Chartered: SAP Fioneer launches Financial Control solution to speed up and de-risk accounting and finance processes

Co-Innovation project with Standard Chartered: SAP Fioneer launches Financial Control solution to speed up and de-risk accounting and finance processes

  SAP Fioneer, a leading global provider of financial services software solutions and platforms, has announced the launch of Fion..

Lebanese fintech Purpl launches digital wallet on Mambu

Lebanese fintech Purpl launches digital wallet on Mambu

    Purpl customers can now use the financial app to send and receive money, and cash out at hundreds of ATMs across the cou..

Manx Financial Group PLC generates £5.2 million profit, a 71% increase on 2021

Manx Financial Group PLC generates £5.2 million profit, a 71% increase on 2021

  This year’s financial performance is a record year despite the continued economic uncertainty. Profit before tax payable ..

Central banks keep hiking rates amid banking turmoil

Central banks keep hiking rates amid banking turmoil

By David Milliken, John Revill and Aniruddha Ghosh (Reuters) – The Bank of England on Thursday followed the Federal Reserve and ..

Serendipity2 survey reports cautious optimism among consumers

Serendipity2 survey reports cautious optimism among consumers

  Following the Chancellor’s spring budget, which stated that government borrowing costs have fallen, mortgage rates are down and..

Dollar falls after Fed raises rates, forecasts future hike

Dollar falls after Fed raises rates, forecasts future hike

By Hannah Lang WASHINGTON (Reuters) – The dollar was lower on Wednesday following the U.S. Federal Reserve’s decision to r..

Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown

Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown

By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the w..

Cable and new UK bank Griffin partner to integrate robust automated financial crime assurance into Griffin’s BaaS platform 

Cable and new UK bank Griffin partner to integrate robust automated financial crime assurance into Griffin’s BaaS platform 

  Griffin will strengthen its existing fincrime control framework by integrating with Cable’s powerful technology, allowing it to..

Global bank bonds claw back losses as markets rout eases

Global bank bonds claw back losses as markets rout eases

LONDON/SINGAPORE (Reuters) – An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering a..

Global shares jump but bank ‘whack-a-mole’ not over

Global shares jump but bank ‘whack-a-mole’ not over

By Koh Gui Qing NEW YORK (Reuters) – Global shares jumped on Tuesday after the rescue of Credit Suisse stemmed a rout in equitie..

The five drivers of change in the global payments ecosystem 

The five drivers of change in the global payments ecosystem 

  Richard Smith, Chief Executive Officer & Co-Founder, Payen  By 2026 the global payments industryis expected to be valued at..

Oil prices steady as news of Saudi, Russia meeting calms investors

Oil prices steady as news of Saudi, Russia meeting calms investors

By Shariq Khan BENGALURU -Oil prices steadied on Thursday after dropping to near 15-month lows earlier in the session, supported by re..

Explainer-Credit Suisse: How did it get to crisis point?

Explainer-Credit Suisse: How did it get to crisis point?

By Anshuman Daga (Reuters) – Credit Suisse said on Thursday it would borrow up to $54 billion from the Swiss central bank to sho..

The embedded finance workflows company Monite launches payment links to drive B2B platforms growth

The embedded finance workflows company Monite launches payment links to drive B2B platforms growth

Monite, an API-first embedded finance workflows startup, introduces Invoice Payment Links. It is a hassle-free solution that enables i..

Global equities gain, as rising bond yields pressure gold

Global equities gain, as rising bond yields pressure gold

By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) – Global shares stemmed a five-session rout on Tuesday as bank sha..

Why Britcoin needs to harness the power of existing fintechs

Why Britcoin needs to harness the power of existing fintechs

  By Anastasia Evans, General Counsel and Company Secretary at IFX Payments Talk of Britcoin – a UK-based central bank digi..

Market stress indicators react sharply after U.S. bank failures

Market stress indicators react sharply after U.S. bank failures

By Amanda Cooper, Yoruk Bahceli and Naomi Rovnick LONDON (Reuters) – Financial market stress indicators reacted sharply on Monda..

US stock futures, bonds rally as markets flirt with Fed pause

US stock futures, bonds rally as markets flirt with Fed pause

By Wayne Cole SYDNEY (Reuters) – U.S. stock futures rallied in tense Asian trade on Monday as authorities announced plans to lim..

Wall St flutters, Treasury yields ease as Powell resumes testimony

Wall St flutters, Treasury yields ease as Powell resumes testimony

By Stephen Culp NEW YORK (Reuters) – U.S. stocks struggled for direction and Treasury yields wavered on Wednesday as a barrage o..

Dollar jumps as Powell flags higher terminal rate

Dollar jumps as Powell flags higher terminal rate

By Karen Brettell NEW YORK (Reuters) – The dollar extended gains against a basket of currencies on Tuesday after Federal Reserve..

Wall Street drops, Treasury yields gyrate on Fed Chairman Powell’s remarks

Wall Street drops, Treasury yields gyrate on Fed Chairman Powell’s remarks

By Stephen Culp NEW YORK (Reuters) – U.S. stocks retreated and benchmark Treasury yields wavered on Tuesday as Federal Reserve C..

Wall Street stocks power higher as Treasury yields and dollar ease

Wall Street stocks power higher as Treasury yields and dollar ease

By Lawrence Delevingne and Elizabeth Howcroft (Reuters) – Wall Street stocks posted strong gains while Treasury yields and the d..

Dollar retreats, headed for biggest weekly loss since mid-January; bitcoin down

Dollar retreats, headed for biggest weekly loss since mid-January; bitcoin down

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid from a 2-1/2-month high versus the Japanese yen on Friday,..