Around 40% of German companies expect output decline in 2023 – IW institute
BERLIN (Reuters) – Four out of ten German companies expect business to shrink in 2023, a survey by the German Economic Institute..
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British PM Sunak revives talks for Arm’s London IPO -FT
(Reuters) – British Prime Minister Rishi Sunak has revived talks with Japan’s SoftBank Group Corp regarding a London listi..
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‘Life is moving forward’: China declares new COVID phase
By Liz Lee and Eduardo Baptista BEIJING (Reuters) -China braced for a “new phase” in its battle against COVID-19 on Monday..
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Dollar tentative as investors assess rate-hike path
SINGAPORE (Reuters) – The U.S. dollar was steady on Monday as investors digested a clutch of economic data released last week th..
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Renault considers making mass-market EVs in India -sources
By Aditi Shah and Gilles Guillaume NEW DELHI/PARIS (Reuters) -Renault is considering building a mass-market electric vehicle in India,..
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After Christmas relief UK retailers face 2023 reality check
By James Davey LONDON (Reuters) – Updates next week from Britain’s biggest retailers including Tesco, Sainsbury’s an..
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Grid operator urges Ukrainians to save electricity as temperatures drop
By Olena Harmash KYIV (Reuters) -Ukraine’s power grid operator issued a new appeal to civilians to save electricity on Friday as..
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Sterling softens against murky economic backdrop
LONDON (Reuters) – Sterling fell on Friday against the dollar and the euro as Britain’s darkening economic outlook remaine..
Finance
EU commission approves delay in medical devices law to avert shortages
LONDON (Reuters) – The European Commission said on Friday it approved delaying the deadline for companies to comply with a new l..
News
Big fall in euro zone inflation offers little help for ECB
By Balazs Koranyi and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) -Euro zone inflation tumbled last month but underlying price press..
Finance
Soccer-Former star Italy striker Vialli dies aged 58
By Keith Weir and Alvise Armellini MILAN (Reuters) -Former Italy striker Gianluca Vialli, who earned 59 caps for his country and enjoy..
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Euro zone economy sentiment rises in Dec, first time since start of Ukraine war
BRUSSELS (Reuters) – Euro zone economic sentiment improved in December for the first time since the start of the war in Ukraine,..
Finance
Biggest UK house price fall recorded since financial crisis
By Andy Bruce LONDON (Reuters) – British house prices slid in December, capping the largest quarterly drop since the financial c..
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World food prices hit record high in 2022
By Sybille de La Hamaide PARIS (Reuters) -A surge in the cost of most food commodities last year, as the disruption caused by Russia&#..
Wealth Creation
Samsung’s quarterly profit plunges to 8-year low on demand slump
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by tw..
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Sodexo tops Q1 sales estimates as people return to offices
(Reuters) -French caterer Sodexo on Friday beat market estimates for first-quarter sales, as a return to the workplace and other venue..
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Japan, UK to sign reciprocal access agreement for military officers -Yomiuri
TOKYO (Reuters) – Japan’s Prime Minister Fumio Kishida will sign a reciprocal access agreement for military officers with ..
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Mercedez-Benz to deploy advanced automated driving system in Nevada
By David Shepardson (Reuters) -The Nevada Department of Motor Vehicles (DMV) said on Thursday that German carmaker Mercedes-Benz can d..
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Asian stocks edge up before U.S. jobs data, defying Wall Street selloff
By Kevin Buckland TOKYO (Reuters) – Asian equities gained on Friday while the dollar hovered near a one-month high as investors ..
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Germany’s BaFin tells Eurex Clearing, Clearstream to clean up organisational deficiencies
FRANKFURT (Reuters) – Germany’s financial supervisory authority (BaFin) said on Thursday it has ordered clearing house Eur..
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Geely’s EV brand Zeekr aims to double sales in 2023, expand in Europe
By Joseph White LAS VEGAS (Reuters) – Chinese electric vehicle brand Zeekr aims to double sales in 2023 to about 140,000 vehicle..
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Green bonds are set to drive corporate ESG debt out of slump in 2023 -Barclays
By Isla Binnie NEW YORK (Reuters) – Global sales of corporate bonds with environmental, social and governance (ESG) targets will..
Finance
Stocks sag as hawkish Fed cools China rally; awaits US jobs data
By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks sank on Thursday and brought to a halt a rally in global stocks, as upbeat American jo..
Finance
Amazon CEO says job cuts to exceed 18,000 roles
By Jeffrey Dastin and Uday Sampath Kumar (Reuters) -Amazon.com Inc’s layoffs will now increase to more than 18,000 roles as part..
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British shoppers defy cost-of-living crisis at Christmas
By James Davey and Sarah Young LONDON (Reuters) -Britons spent more than expected over Christmas, Next, one of the country’s big..
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UK’s Prince Harry declines to commit to attending King Charles’ coronation
LONDON (Reuters) – Prince Harry declined to commit to going to the coronation of his father King Charles, according to a clip fr..
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Britain’s Next sees lower profit in 2023 as consumer outlook darkens
By James Davey LONDON (Reuters) – Britisah clothing retailer Next forecast lower profit in its 2023-24 year, reflecting uncertai..
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Walmart paid most of $1 billion tax for PhonePe shifting base to India
By Nandan Mandayam BENGALURU (Reuters) – Walmart Inc late on Wednesday confirmed that it had already paid the Indian government ..
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With big bets on Musk, these funds may have a Tesla problem in ’23
By David Randall NEW YORK (Reuters) – Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers t..
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UK’s December shopper numbers defy inflation and rail strikes hit
LONDON (Reuters) – Shopper numbers across Britain in December rose 5.8% from November and were up 9.9% compared to 2021 despite ..
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Seven competencies that successful ESG leaders need
Leaders who seek to guide their companies through ESG transitions should strive to develop seven competencies, a review of literature ..
Business
NATURE NEEDS TO BE ON THE BALANCE SHEET IF WE ARE TO REVERSE BIODIVERSITY AND CLIMATE CRISIS
Research paper calls for Nature to have mandatory line in financial reports otherwise it is a key stakeholder without a voice Highlig..
Finance
European Equities: Towards Calmer Waters
By Sharon Bentley-Hamlyn, Director, Aubrey Capital Management & Investment Manager, the Aubrey European Conviction S..
Finance
GE HealthCare rises 8% in market debut, eyes small deals
By Leroy Leo and Kannaki Deka (Reuters) -GE HealthCare Technologies Inc’s shares rose as much as 8.4% in their Nasdaq debut on W..
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Emirati FM meets Syria’s Assad in Damascus in further sign of thawing ties
BEIRUT (Reuters) – Syrian President Bashar al-Assad received the United Arab Emirates foreign minister in Damascus on Wednesday ..
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Stellantis to build U.S. firm Archer’s air taxi, up stake
By Gilles Guillaume PARIS (Reuters) -Carmaker Stellantis will help build Archer Aviation’s electric aircraft and increase its st..
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Stocks, bonds extend rally on hopes rate hikes ease
By Lawrence White LONDON/NEW YORK (Reuters) – Shares rose and bonds rallied worldwide on Wednesday as investors tiptoed into the..
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