Russian services activity shrinks for third month running in Dec -PMI
MOSCOW (Reuters) – Activity in Russia’s services industry shrank for the third month running in December, a survey showed ..
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Oil set to end turbulent 2022 modestly higher
By Florence Tan and Emily Chow SINGAPORE (Reuters) – Oil prices edged up on Friday and were on track to post their second straig..
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Bahamas regulator holds FTX assets pending delivery to customers, creditors
(Reuters) – The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on ..
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UK’s Sunak to halve support that helps businesses pay fuel bills -The Times
(Reuters) – British Prime Minister Rishi Sunak is poised to halve financial support on energy bills for businesses, amid concern..
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Southwest cancels thousands more flights; U.S. government vows scrutiny
Southwest cancels thousands more flights; U.S. government vows scrutiny
By David Shepardson and Alexandra Alper (Reuters) -Southwest Airlines came under fire from the U.S. government on Tuesday after it canceled thousands ..
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Wall St stocks fall, bond yields rise as China drops quarantine rule
By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and the Nasdaq closed lower on Tuesday after the release of U.S. economic d..
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New survey reveals staffing companies set to lose big billers amid salary concerns
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Top 3 Cycling Apps to Target Fitness, Performance Tracking & Navigation
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Wealth Creation
Pizza firm DP Eurasia considers divestment of Russian business
(Reuters) -DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, said on Wednesday it was considering options fo..
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Slipping over Mexico border, migrants get the jump on U.S. court ruling
By Jose Luis Gonzalez and Daina Beth Solomon CIUDAD JUAREZ, Mexico (Reuters) – Even before the U.S. Supreme Court on Tuesday opt..
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Asian shares muted as investors fret over China reopening
By Ankur Banerjee SINGAPORE (Reuters) – Asian equities swung between losses and gains in choppy trading on Wednesday as investor..
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Italy’s Nexi signs digital payments deal with TIM’s Olivetti
xMILAN (Reuters) – Nexi and Telecom Italia’s Olivetti have teamed up to provide advanced electronic payment solutions to b..
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Belgian court decides to keep EU corruption case suspect in detention
BRUSSELS (Reuters) – A Belgian appeals court decided on Tuesday to keep Niccolo Figa-Talamanca, an Italian suspect in a European..
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European shares end higher on China recovery optimism
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares closed a touch higher on Tuesday as China relaxing its COVID-1..
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Oil hits 3-week high as China eases COVID curbs
By Alex Lawler LONDON (Reuters) -Oil hit a three-week high on Tuesday as China’s latest easing of COVID-19 restrictions spurred ..
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UK retailers see 40% jump in Boxing Day shoppers -Springboard
LONDON (Reuters) – UK retail destinations enjoyed an almost 40% rise in shopper numbers on Monday after the first Christmas in t..
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German businesses expect only mild recession as disruptions ease
BERLIN (Reuters) – German companies expect only a mild recession next year despite headwinds from the energy crisis, raw materia..
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Oil prices rise as China eases COVID curbs, U.S. storm fuels supply worries
By Isabel Kua SINGAPORE (Reuters) -Oil prices rose to three-week highs on Tuesday as China’s latest easing of COVID-19 restricti..
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Board of Russia’s AvtoVAZ approves $585 million in 2023 investment programme – RIA agency
(Reuters) – The board of directors of Russian top carmaker AvtoVAZ approved the firm’s 2023 investment programme for just ..
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Stocks advance, U.S. dollar retreats as China drops quarantine rule
By Xie Yu HONG KONG (Reuters) – Stock markets gained while the U.S. dollar softened on Tuesday after China said it would drop it..
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Belarus sentences in absentia former Olympian Herasimenia to 12 years in prison – BelTA
By Ronald Popeski and Lidia Kelly (Reuters) – A Minsk court sentenced in absentia former Olympic swimmer Aliaksandra Herasimenia..
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Russia could hike rates in 2023 if inflation risks have big impact -cenbank
MOSCOW (Reuters) – The Bank of Russia could raise interest rates in 2023 if inflationary risks such as labour shortages and impo..
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Russia’s Sberbank urges Glencore to resolve dispute over oil bill
MOSCOW (Reuters) -Sberbank on Monday accused Glencore of choosing not to foot a bill for oil supplied via the Russian lender, saying t..
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Cricket-Not enough attention paid to international schedule – Stokes
(Reuters) – England test captain Ben Stokes has raised concerns over the scheduling of international cricket, saying the authori..
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Dutch governor Knot signals ECB will keep raising rates in months ahead- FT
(Reuters) – Head of Dutch Central Bank Klaas Knot said with five policy meetings between now and July 2023, the ECB would achiev..
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Battery swapping spurs Kenya’s electric motorbike drive
By Ayenat Mersie NAIROBI (Reuters) – Over recent months, sets of sturdy, brightly-branded battery swapping stations have cropped..
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Japan insurers in talks with reinsurers to resume coverage in Russian waters
TOKYO (Reuters) – Three Japanese insurance companies that are set to halt marine coverage of risks related to the war in Ukraine..
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‘The ICU is full’: medical staff on frontline of China’s COVID fight say hospitals are ‘overwhelmed’
By Martin Quin Pollard BEIJING (Reuters) – In more than three decades of emergency medicine, Beijing-based doctor Howard Bernste..
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Toyota’s Nov global vehicle production rises 1.5% to record 833,104
TOKYO (Reuters) – Toyota Motor Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 8..
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Azerion acquires Hybrid Theory, opening new footprint in the US and broader APAC market
Amsterdam and London: Today, Azerion has announced the acquisition of Hybrid Theory, a data led programmatic agency and trading..
Business
Businesses Must ‘Act Now or Die’ to Accommodate Demands of a New Generation Joining Workforce, Reveals New Research From London School of Economics
A new report from the LSE, commissioned by Freshworks, reveals Generations Y and Z rank hybrid working and flexibility above sa..
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Taiwan reports China’s largest incursion yet to air defence zone
By Yimou Lee TAIPEI (Reuters) -Seventy-one Chinese air force aircraft including fighter jets and drones entered Taiwan’s air def..
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Russia’s Rosatom sees 2022 exports growth at 15% – report
(Reuters) – Russia’s Rosatom expects its 2022 exports growth at 15%, while its foreign order portfolio has remained stable..
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Successful first year of Alternative Liquidity Facility signals bright future for Sharia’a finance in the UK
The Alternative Liquidity Facility (ALF) set up by the Bank of England reaches its one year anniversary on 2nd December. Bank o..
Business
Banker bonuses go from boom to bust in jarring reversal
By Lananh Nguyen, Saeed Azhar and Lawrence White NEW YORK/LONDON (Reuters) -Bankers in New York and London are bracing for year-end bo..
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Pictet Asset Management expands Total Return franchise with the launch of Pictet Total Return-Lotus fund
Pictet Asset Management has expanded its USD 11 bn actively managed Total Return franchise with the launch of the Pictet Tota..
Finance
2023: What’s in store for business finance?
Martin McCann, CEO of data-driven lending technology provider, Trade Ledger, gives his view on the challenges and opportunities..
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