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..
Business
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..
Business
ID-Pal marks record year of outstanding growth
Both ID-Pal’s customer base and team size double in 2022 Driven by increased demand for the award-winning identity verificatio..
Business
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UK watchdog fines Deloitte over SIG audit
UK watchdog fines Deloitte over SIG audit
By Tom Wilson LONDON (Reuters) -Britain’s accounting watchdog said on Thursday it had fined Deloitte LLP more than 900,000 pounds ($1.09 million..
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Hundreds of Tyson Foods employees to depart as company closes offices – WSJ
(Reuters) – Hundreds of Tyson Foods Inc employees from two of its largest business units plan to leave as the company consolidat..
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BMW to make Solid Power’s battery cells under expanded agreement
(Reuters) – Solid Power Inc said on Wednesday it will offer some intellectual property rights related to its solid-state batteri..
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Airbus pledges deeper industrial ties with India
(Corrects to remove word “just” in paragraph 7) PARIS (Reuters) – Airbus plans to deepen its industrial presence in ..
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Yen retreats after BOJ policy tweak sparked surge
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The yen fell in a choppy session on Wednesday, ceding some of the ground gained the previous ..
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Weary Wall Street cheers improved consumer confidence
By Lawrence Delevingne and Amanda Cooper (Reuters) -Global stock markets rose on Wednesday, as U.S. consumer confidence rebounded in D..
Finance
German yields steady, spreads tighten after recent repricing
By Stefano Rebaudo (Reuters) – German borrowing costs were little changed and spreads between the core and periphery tightened o..
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First foreign COVID vaccines head to China from Germany
By Thomas Escritt and Alexander Ratz BERLIN (Reuters) -Berlin has sent its first batch of BioNTech COVID-19 vaccines to China to be ad..
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HMRC report on Off Payroll shows worrying brain drain of contractors
Responding to the results of the HMRC report on the impact of the off-payroll working rules reform in the private and voluntary..
Finance
Heightening awareness of the MENA region’s innovative potential
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Business
Engie warns of hit from windfall levies, Belgian nuclear provisions
PARIS (Reuters) – France’s Engie warned on Tuesday of an earnings hit from European Union approved windfall levies and lar..
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Oil prices rise on U.S. drawdown, Chinese fears weigh
By Shadia Nasralla and Rowena Edwards LONDON (Reuters) -Oil prices rose by more than 2% on Wednesday after data suggested a larger tha..
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Analysis-Russian gold removed from some Western funds after Ukraine
By Peter Hobson LONDON (Reuters) – Hidden inside high-security bank vaults in London, Zurich and New York, billions of dollars&#..
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SpaceX rocket sends first global water survey mission into orbit
By Steve Gorman LOS ANGELES, Calif. (Reuters) -A SpaceX rocket blasted off early on Friday carrying a U.S.-French satellite designed t..
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Britain’s Purplebricks to cut more than 10% of jobs – The Times
(Reuters) – Purplebricks Group PLC, Britain’s biggest online-only real estate agency, will cut more than 10% of its workfo..
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EU opens antitrust probe into Broadcom’s $61 billion VMware bid
PARIS (Reuters) -European antitrust regulators have opened an in-depth investigation into U.S. chipmaker Broadcom’s proposed $61..
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Siemens Gamesa names Luijendijk CEO of onshore wind unit
By Andres Gonzalez LONDON (Reuters) – Wind turbine maker Siemens Gamesa has appointed its Asia Pacific boss Richard Luijendijk a..
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REYL INTESA SANPAOLO ADVISES PANOLIN ON SALE OF ECL BUSINESS TO SHELL
REYL Corporate Finance (REYL CF), the investment banking arm of REYL Intesa Sanpaolo (REYL), acts as sole financial advisor to ..
Business
Moneyhub completes £55 million funding round with an additional £15 million investment from the UK’s largest long-term savings and retirement business – Phoenix Group
Phoenix Group joins as a co-lead investor alongside Legal & General and Lloyds Banking Group The announcement follows an i..
Finance