UK retail sales jump unexpectedly, but big picture bleak
By Andy Bruce LONDON (Reuters) – British retail sales jumped unexpectedly in April as shoppers loaded up on alcohol and tobacco,..
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Ukraine apartment residents suffer war in different ways
By Jonathan Landay SLATYNE, Ukraine (Reuters) – The only 10 residents left in the Commune, an apartment complex in the eastern U..
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Exclusive-Danone ramps up U.S. baby formula shipments to address shortage
By Richa Naidu and Lisa Baertlein LONDON/LOS ANGELES (Reuters) – Aptamil maker Danone SA has stepped up shipments of infant form..
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Computer chip giant ASML places big bets on a tiny future
By Toby Sterling VELDHOVEN, Netherlands (Reuters) – ASML, a semiconductor industry and stock market giant, has to think smaller...
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Some in Shanghai allowed out to shop; end of COVID lockdown in sight
By Brenda Goh SHANGHAI/BEIJING (Reuters) – More Shanghai residents were given the freedom to go out to shop for groceries for th..
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Spiralling costs could take Greek graviera cheese off the menu
By Karolina Tagaris and Vassilis Triandafyllou NAXOS, Greece (Reuters) – In a small factory on the Greek island of Naxos, worker..
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McDonald’s to sell Russia restaurants to local operator, rebrand
By Praveen Paramasivam (Reuters) -McDonald’s Corp is selling its restaurants in Russia to one of its current local licensees, wh..
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Real-time, real value: 80% of businesses see revenue increases thanks to real-time data
80% of companies surveyed report revenue uplift due to real-time data analytics Potential $2.6 trillion total revenue uplift already ..
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HAVE YOUR SAY ON SHELL’S GREEN ENERGY TRANSITION – INTERACTIVE INVESTOR OUTLINES MORE INFLUENTIAL AGM MEETINGS ON THE HORIZON
Two vital climate-related votes will take place at oil giant, Shell’s, Annual General Meeting (AGM) later this month Other key meetin..
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Here’s How YOU Can Make Some Extra Money on the Side
Research finds nearly 4 in 10 (38%) Brits have considered starting a side hustle since the start of the pandemic two years ago Over ..
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Jump in small businesses planning to raise money through EIS as enthusiasm for equity raises grows
3,245 small businesses sought approval for fundraises under flagship EIS scheme last year – up nearly 10% in a year The number of sm..
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GoCardless announces first Variable Recurring Payment customer, Nude, to help Brits save for their first home
LONDON, 17 May 2022 — Nude, the savings app for first-time buyers, has selected GoCardless, a global leader in direct bank payme..
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Krepling Introduces the first agnostic digital wallet for e-commerce
Krepling Pay provides an optimised, 1-click checkout system The first agnostic digital wallet for ecommerce, Krepling Pay is compatib..
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KPMG UK strengthens crypto and payments team as it expands disruptive tech offering
KPMG UK has appointed Peter Harmston as a partner and Ian Taylor as a director within the firm’s financial services practice as it str..
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Yapily agrees to acquire finAPI, creating Europe’s leading open banking platform
London, 10 May, 2022 – Yapily announces it has signed an agreement with SCHUFA to acquire finAPI, the leading provider of open b..
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ALTRAD SUCCESSFULLY RAISES A NEW 2.4 BILLION FINANCING PACKAGE TO REFINANCE EXISTING FACILITIES AND STRENGTHEN ITS LIQUIDITY
On May 2nd 2022, Altrad successfully raised a new €2.4 billion financing package dedicated to refinance its existing debt facilities,..
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API technology and digital ecosystems are key to circular economy and sustainable supply chains, reveals Commerzbank whitepaper
The paper highlights how aggregating complex data from various sources is fundamental if corporates are to meet sustainability targe..
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Revealed: Best UK cities outside of London to start a business
Edinburgh, Leeds, and Glasgow have been named as the best cities in Great Britain outside of London to start a business, according to ..
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Solid start by ILLIMITY in the first quarter of 2022, in line with the growth trajectory of its Strategic Plan
OPERATING PROFIT at 33.5 million euro, a rise of 72% y/y NET PROFIT of 15.7 million euro (+25% y/y) The strongest ever first quarter..
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How to defend your company on the new frontier of payment fraud
By Tony Carothers, Security Systems Engineer, Corpay The remote work era brought on by the COVID-19 pandemic has made it even easier f..
Finance
Nikulipe Partners with iDenfy for Remote Identity Verification Services
The partnership will allow Nikulipe’s clients to achieve a streamlined KYC process and assist them with overcoming lengthy and frustra..
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New report reveals flexible learning as the key to public sector talent retention challenge
Almost three quarters (73%) of public sector employees would be more likely stay in a job that allowed remote or hybrid working while..
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Jetstack Announces Industry-First Software Supply Chain Security Toolkit
Interactive, web-based guide provides clarity and direction for teams securing software supply chains LONDON, U.K.— May 17,..
Business
Mindtree and Finastra Partner to Deliver Managed Services Payments Solutions in the Nordics, the UK and Ireland
London — May 16, 2022 — Mindtree, a global technology services and digital transformation company, and Finastra, a leading fina..
Finance
Cryptocurrency returns are immune to monetary policy spillovers
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Finance
Twitter’s account of deal shows Musk signing without asking for more info
By Greg Roumeliotis and Tom Hals (Reuters) – Twitter Inc published its account on Tuesday of its deal negotiations with Elon Mus..
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Depp lawyers question Heard about knife, love notes in defamation case
By Lisa Richwine LOS ANGELES (Reuters) – Attorneys for Johnny Depp attempted to discredit Amber Heard’s abuse claims in th..
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Credit Suisse Group rating downgraded by S&P
ZURICH (Reuters) -Credit Suisse Group AG’s credit rating has been downgraded to BBB from BBB+ by Standard & Poors, a blow fo..
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Factbox-COVID-hit Chinese cities seek exit from painful lockdown
By Roxanne Liu and Ryan Woo (Reuters) – Plans by COVID-hit Chinese cities to exit or avoid lockdown are more fraught and uncerta..
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Ukraine begins first war crimes trial of Russian soldier
By Pavel Polityuk and Tom Balmforth KYIV (Reuters) -A Ukrainian court held a preliminary hearing on Friday in the first war crimes tri..
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Barclays warns of sub-parity euro, 5 ppt GDP hit if Russia turns off gas taps
By Marc Jones LONDON (Reuters) – Analysts at Barclays have warned of a 5 percentage point hit to euro zone GDP and a dive below ..
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Soccer-Nike ends sponsorship deal with Spartak Moscow
(Reuters) -Nike has terminated its sponsorship deal with Russian Premier League club Spartak Moscow because they will not be taking pa..
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Battered sterling gets respite but set for weekly fall vs dollar
By Lucy Raitano LONDON (Reuters) – Britain’s pound edged up against the dollar on Friday, offering some respite from a wee..
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London stocks recover; set for weekly drop as slowdown, inflation fears linger
By Bansari Mayur Kamdar (Reuters) -UK’s FTSE 100 recouped losses on Friday towards the end of a volatile week, led by defensive ..
Wealth Creation
European stocks find support at end of volatile week
(Reuters) -European shares rose on Friday, as sentiment stabilised at the end of a volatile week dominated by worries about aggressive..
Finance
Spain April final CPI 8.3% y/y vs 9.8% in March
(Reuters) -Spanish national consumer prices rose 8.3% year-on-year in April, according to data from the National Statistics Institute ..
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Germany promises G7 show of unity against Russia as ministers meet
By Alexander Ratz and John Irish WEISSENHAUS, Germany (Reuters) – Foreign ministers from the G7 group of rich nations aim to giv..
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