Ubisoft shares slump 20% after French video game maker warns on revenue
By Dominique Vidalon PARIS (Reuters) -Shares in Ubisoft fell 20% on Thursday after the French video game maker warned on revenue and p..
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Centrica names O’Brien as new CFO, raises earnings forecast
(Reuters) -British Gas owner Centrica on Thursday named Russell O’Brien as its chief financial officer, and raised its full-year..
Headlines
Suedzucker quarterly profits surge 73.5% despite cost rise
HAMBURG (Reuters) -Europe’s largest sugar producer, Suedzucker, on Thursday posted a rise of 73.5%% in quarterly earnings as hig..
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Varo Energy buys 80% of Dutch biogas firm; aims to double capacity by 2026
LONDON (Reuters) – Fuel trader and refiner Varo Energy, owned by Carlyle and energy trader Vitol, told Reuters on Thursday it ha..
Headlines
KFC franchisees in Russia ask govt to halt sale of stores to local operator – RIA
MOSCOW (Reuters) – A number of KFC franchisees in Russia have asked the government to stop the sale of the Yum! Brands restauran..
Headlines
Hippo Digital opens Birmingham office
Hippo Digital, the award-winning full-service digital consultancy, announces that it is expanding its existing midlands presence by o..
Technology
Digital transformation leader KPS and app commerce company poq announce new global partnership
KPS, in partnership with poq, has launched a new native app services practice that offers retailers the ability to launch mobile apps..
Technology
Chinese fret over elderly as WHO warns of holiday COVID surge
By Bernard Orr and Liz Lee BEIJING (Reuters) -People in China worried on Thursday about spreading COVID-19 to aged relatives as they p..
Headlines
Stocks becalmed before potential CPI storm
By Tom Westbrook SINGAPORE (Reuters) – Asian stocks hovered below seven-month highs on Thursday, as investors waited to see whet..
Wealth Creation
Apple may add touch screens to Mac computers – Bloomberg News
(Reuters) -Apple Inc is actively working on adding touch screens to its Mac computers, Bloomberg News reported on Wednesday, citing pe..
Headlines
Global stocks advance ahead of U.S. inflation data
By Sinéad Carew and Huw Jones NEW YORK/LONDON (Reuters) – Wall Street equities followed Europe’s higher on Wednesday as in..
Finance
Christmas fizz prompts UK’s Sainsbury’s to lift profit guidance
By James Davey LONDON (Reuters) -Sainsbury’s, the first listed British supermarket to update on Christmas trading, forecast full..
Business
Move over TINA, it’s time for TARA
(Refiles to change title in paragraph four to CIO from chief executive for Global Fixed Income at PIMCO. No other changes to text) By ..
Finance
The Infraction Point
By: Sabine Saadeh Financial Trader and Writer The assiduity of investors in relation to macro and micro economic factors t..
Finance
The war on inflation: a fair fight, or a losing battle?
David Absolon, Investment Director, Handelsbanken Wealth & Asset Management Central banks across developed economies have faced a ..
Finance
JD Sports sees bills-free young shoppers boosting profits
By Sarah Young LONDON (Reuters) – JD Sports expects young shoppers not yet saddled with household bills to defy the economic glo..
Headlines
Bayer shares gain on prospect of second activist pushing for change
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -Bayer is facing demands from activist investor Bluebell Capital Partners to b..
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Cellnex’s CEO Tobias Martinez steps down amid strategy shift
MADRID (Reuters) -Spanish phone tower operator Cellnex said on Wednesday its chief executive Tobias Martinez Gimeno has resigned after..
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StanChart weighing options, including sale, of aircraft lessor unit
SINGAPORE (Reuters) -Standard Chartered said it is looking to explore alternative options, including a sale, for its aviation finance ..
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Low use of shortened work hours points to mild German recession – Ifo
BERLIN (Reuters) – Low take up of a government-backed ‘Kurzarbeit’ shortened hours facility points to a “very ..
Headlines
Robeco’s outlook for 2023: ‘Short-term pain, long-term gain’
In its annual outlook, Robeco expects a considerable brightening of the return outlook for major asset classes during 2023, but not be..
Business
New Year resolutions could help Brits retire almost a decade earlier than planned
New survey reveals that cash-strapped Brits are prepared to give up takeaways, nights out, takeaway coffees, TV subscriptions and more..
Finance
Dollar stands firm while traders await CPI
By Tom Westbrook SINGAPORE (Reuters) – The dollar mostly held its ground on Wednesday in spite of downward pressure from lower b..
Headlines
Germany’s BioNTech buys British AI startup InstaDeep
(Reuters) -BioNTech SE has agreed to acquire British artificial intelligence (AI) startup InstaDeep for up to 562 million pounds ($682..
Headlines
Bahrain based fintech IPS extends its collaboration with BPC
Leading payment solutions provider BPC has extended its collaboration with Bahrain-based International Payment Services B.S.C ..
Finance
German chancellor meets auto, battery bosses in ‘mobility’ summit
By Victoria Waldersee and Andreas Rinke BERLIN (Reuters) – German carmakers, Tesla, chip producers and battery maker Northvolt m..
Headlines
Inflation fighting central bankers air climate role doubts
By Francesco Canepa and Lindsay Dunsmuir STOCKHOLM (Reuters) -Some of the world’s top central bankers aired concerns about being..
Finance
How can young professionals manage financial woes and plan for the future amidst the cost-of-living crisis?
By Luke Turner, Financial Advisor, AHR Private Clients With inflation continuing to soar and the Bank of England raising i..
Finance
Finance
World Bank warns global economy could easily tip into recession in 2023
World Bank warns global economy could easily tip into recession in 2023
By David Lawder WASHINGTON (Reuters) – The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession..
Finance
Analysis-Central Europe’s path to lower inflation strewn with hazards
By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s 25 basis point rate hike on Tuesday may signal an end to Central Europe&..
Finance
Mercedes-Benz sells 2.05 million passenger cars in 2022
BERLIN (Reuters) -Mercedes-Benz delivered 2.05 million passenger cars in 2022, the company said on Tuesday, down 1% on the previous ye..
Headlines
UK’s Morgan Advanced Materials reports cyber security incident on its network
(Reuters) – British industrial firm Morgan Advanced Materials Plc said on Tuesday it was assessing a cyber security incident aft..
Headlines
Cryptoverse: Bitcoin digs in for a bumpy new year
By Lisa Pauline Mattackal (Reuters) – Bitcoin’s looking steady in 2023. But it’s only been a week. Cryptocurrencies ..
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Taiwan calls on Germany to help maintain ‘regional order’
TAIPEI (Reuters) – Taiwan President Tsai Ing-wen called on Germany on Tuesday to help maintain “regional order” duri..
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French PM to unveil pension reform in big test for Macron
By Caroline Pailliez and Leigh Thomas PARIS (Reuters) – French Prime Minister Elisabeth Borne on Tuesday will unveil the details..
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Bentley cruises to record sales in 2022 despite China drop
By Nick Carey LONDON (Reuters) – British luxury carmaker Bentley on Tuesday reported record vehicle sales for 2022, with strong ..
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UK becoming less attractive for investment, manufacturers warn
By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result of soa..
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