Stocks dip, euro volatile after ECB rate hike
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stock markets lost ground after four straight sessions of gains, whi..
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Wickremesinghe, a wily political survivor, elected Sri Lanka’s president
By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) -Ranil Wickremesinghe, a lawyer who served as Sri Lanka’s prime minis..
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Barclays sets up Taiwan subsidiary, to offer brokerage services
SINGAPORE (Reuters) – British bank Barclays Plc said on Wednesday it had received approval from Taiwanese authorities to set up ..
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European shares rise on easing energy supply worries; Draghi speech in focus
(Reuters) – European shares scaled near six-week highs on Wednesday as energy supply worries eased following a report that Russi..
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5ire raises USD 100 million in Series A Funding at valuation USD 1.5 billion, turns unicorn
5ire, has received funding from UK-based conglomerate SRAM & MRAM to become the fastest growing blockchain unicor..
Finance
JUNE 2022 INSOLVENCY STATISTICS – Ailing businesses urged to act now amid peaking liquidations
A leading restructuring expert is urging businesses struggling to meet financial repayments to seek help before the cash ..
Finance
Air pollution surges as heatwave sweeps across Europe
By Gloria Dickie LONDON (Reuters) – Air pollution is spiking across Britain, France, and southern Europe amid record-breaking te..
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Russia strikes cities across Ukraine, gas supplies in focus
By Tom Balmforth and Max Hunder KYIV (Reuters) -Russian forces kept up their bombardment of cities across Ukraine, with intense shelli..
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ECB weighs bigger rate hike with safety net for indebted countries
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -European Central Bank policymakers are considering raising interest rates ..
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Explainer-What is the ‘S’ in ESG investing?
By Cole Horton NEW YORK (Reuters) – The “S” in environmental, social and governance (ESG) investing moved into the s..
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How China became ground zero for the auto chip shortage
By Sarah Wu, Jane Lanhee Lee and Kevin Krolicki TAIPEI/SHANGHAI/SINGAPORE (Reuters) – From his small office in Singapore, Kelvin..
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Average annual UK food bill set to rise 454 pounds as inflation soars
Average annual UK food bill set to rise 454 pounds as inflation soars
By James Davey LONDON (Reuters) – UK grocery inflation hit 9.9% in the four weeks to July 10, adding 454 pounds ($543.7) to Britons’ annua..
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Britain on course for hottest day on record
By Kate Holton and Muvija M LONDON (Reuters) -Britain was on course for its hottest day on record on Monday with temperatures forecast..
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Building Operational Resiliency in Payments
Atul Verma, Senior Payments Architect, Icon Solutions By: Atul Verma, Senior Payments Architect, Icon Solutions Although ..
Finance
UK M&A Professionals Bullish on 2H22 Deal Activity, Datasite Survey Finds
Despite challenging market conditions, 71% predict M&A activity will increase Most plan to factor a 5-7% inf..
Business
Wetherspoon’s business model a double-edged sword
J D Wetherspoon has today announced a trading update: Like-for-like sales in the first 11 weeks of quarter 4 of the current fi..
Business
Kerv announces acquisition of TDS Global Communications Compliance Practice to accelerate cloud adoption in financial services and Tier 1 banking organisations
Kerv, the next-generation, customer-first cloud & digital transformation services provider, has today announced the acquisi..
Finance
Tradeteq launches marketplace for secondary trading of trade finance assets
London, 12 July 2022: Tradeteq, the technology provider for illiquid credit distribution, has launched Tradeteq Access Lite, th..
Finance
MTO GAS CHEMICAL COMPLEX TO BECOME THE HUB OF A NEW FREE ECONOMIC ZONE (KARAKUL) AND INDUSTRIAL CLUSTER IN THE BUKHARA REGION
Bukhara, Uzbekistan – July 13, 2022 – A Decree of the Cabinet of Ministers of Uzbekistan, No. 357 dated July 4, 202..
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Ukrainian Founded Preply Raises $50 million USD Series C
Ukrainian founders build thriving global online learning marketplace LONDON, 13 JULY 2022 Ukrainian-founded Preply reached a ..
Finance
95% of buy-side financial services firms across UK, US and Asia looking to improve ESG data management
Tidal wave of investment to overcome data availability, comparability, usability and workflow integration, with DaaS models pre..
Finance
Axelar Network Integrates with Secret Network to Offer Private Cross-Chain Messaging and NFT Transfers
Axelar’s interoperability network will aid in the expansion of Secret Network’s performance capabilities and privacy focused of..
Technology
Fed officials still leaning to 75-basis-point rate hike in July
By Howard Schneider and Lindsay Dunsmuir TAMPA, Fla. (Reuters) – Federal Reserve officials signaled on Friday they will likely s..
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Heatwave scorches Europe; health warnings issued
By Catarina Demony and Kylie MacLellan LEIRIA, Portugal/LONDON (Reuters) -Hundreds more people were evacuated from their homes as wild..
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South Korea seeks to kickstart talks to resolve historical feuds with Japan
By Hyonhee Shin SEOUL (Reuters) -South Korea hopes a high-level visit to Tokyo next week will kickstart talks aimed at a breakthrough ..
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Five contenders to be next UK PM to face off in TV debate
By Michael Holden LONDON (Reuters) -The five remaining contenders to be Britain’s next prime minister will go head to head in th..
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Factbox-Possible scenarios as Italy’s government faces collapse
ROME (Reuters) – Italy might need early elections to overcome a political impasse, government officials said on Friday, after Pr..
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Sterling struggles to pull away from March 2020 low
By Lucy Raitano LONDON – A depressed British pound struggled for direction against the dollar on Friday, staying near more than ..
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Burberry held back by China lockdowns and U.S. weakness
By Paul Sandle LONDON (Reuters) -Luxury brand Burberry was hurt by lockdowns in its biggest market China and an abrupt reversal in for..
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European shares rebound with focus on Italian politics, earnings
By Susan Mathew (Reuters) -Automakers and retail stocks on Friday led a rebound in European shares from a two-day rout that saw invest..
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Firefighters scramble to put out flames in heatwave-hit Portugal, Spain
By Catarina Demony, Miguel Pereira and Rodrigo Antunes OURÉM, Portugal (Reuters) -Several wildfires swept across Portugal’s cent..
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Cignpost Diagnostics partners with American firm LumiraDX to deliver gold standard Covid-19 test results within 20 minutes
Leading health and diagnostic company, Cignpost Diagnostics, has signed a partnership with LumiraDX. The deal will see LumiraDX..
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Customers demand more from banks as cost-of-living crisis bites
New study of 5,000 banking customers reveals they feel their bank hasn’t been proactive enough in supporting them through the ..
Finance
European Leveraged Finance Association: Investors unclear on practical implementation of FCA’s changes to MiFID II research rules
Lack of clarity, coupled with minimal buyside engagement with brokers, has hindered investment firms’ understanding of the ne..
Finance
Crestbridge announces mid-year promotions in recognition of individuals’ expertise and contribution to the business
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Business
Germany’s gas crisis in charts: Pipeline repair, and then what?
By Vera Eckert and Tom Sims FRANKFURT (Reuters) – The flow of gas from Russia to Germany through the Nord Stream 1 pipeline will..
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Putin: sanctions risk causing energy price catastrophe for West
MOSCOW (Reuters) – President Vladimir Putin said on Friday that continued sanctions against Russia could lead to catastrophic en..
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