Crown Agents Bank owner explores sale of British payments group –sources
By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – Helios Investment Partners has been working with advisers to sell ..
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Oil prices rebound after OPEC upgrades China demand outlook
By Yuka Obayashi and Florence Tan TOKYO (Reuters) – Oil prices rebounded more than 1% on Wednesday, recovering from the previous..
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Asian shares gain as fears about rapid Fed hikes, bank crisis fade
By Ankur Banerjee SINGAPORE (Reuters) – Asian equities rose sharply on Wednesday, tracking a relief rally on Wall Street and as ..
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KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT
(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood behind its audits of Silicon Valley Bank and Sign..
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NatWest limits customers’ crypto transfers, citing scam concerns
By Elizabeth Howcroft LONDON (Reuters) – Britain’s NatWest has imposed new limits on the daily and monthly amount customer..
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London fears losing luxury shoppers to Paris and Milan
By James Davey and Sarah Young LONDON (Reuters) – London’s luxury retailers fear the city is losing its pull as a shopping..
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Meta to cut 10,000 jobs in second round of layoffs
By Katie Paul and Nivedita Balu (Reuters) -Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making i..
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Global equities gain, as rising bond yields pressure gold
By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) – Global shares stemmed a five-session rout on Tuesday as bank sha..
Finance
Legislate raises $3.6M to give startups & SMEs the technology to query and compare every contract
Oxford University-linked Legislate raises funding as it allows businesses with hundreds of contracts to query and compare ..
Business
MFE offers to buy 1.05% stake in Mediaset Espana from Vivendi ahead of delisting
(Reuters) – MFE-Mediaforeurope said on Tuesday it agreed with Vivendi to buy a 1.05% stake in Mediaset Espana it did not own yet..
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ING toughens oil and gas policy to include trade finance, midstream
By Virginia Furness LONDON (Reuters) – Dutch lender ING on Tuesday said it had again toughened its lending policy to the oil and..
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Sainsbury’s pays $524 million for full ownership of store investment vehicles
LONDON (Reuters) -British supermarket Sainsbury’s said on Tuesday it would take full ownership of the Highbury and Dragon store ..
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Fraport sees 2023 passenger traffic at 80-90% of pre-pandemic levels
(Reuters) – Frankfurt Airport operator Fraport on Tuesday said it expected passenger traffic to keep improving in 2023 but stay ..
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Tennis-Panic attack ends Tsurenko’s Indian wells, as Raducanu marches on
(Reuters) -Emma Raducanu scored her biggest win since a run to the U.S. Open title beating Beatriz Haddad Maia 6-1 2-6 6-4 to reach th..
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Australia’s nuclear submarine plan to cost up to $245 billion by 2055 -defence official
By Lewis Jackson CANBERRA (Reuters) -Australia’s nuclear-powered submarine programme with the United States and Britain will cos..
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British EV startup Arrival gets $300 million funding, aims to slow cash-burn
(Reuters) -Electric-vehicle (EV) startup Arrival on Monday got a $300 million equity financing line from Westwood Capital and said it ..
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UniCredit shareholders urged to reject CEO Orcel’s pay rise
By Valentina Za MILAN (Reuters) – Leading governance adviser Institutional Shareholder Services (ISS) on Monday recommended shar..
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Meta to wind down NFTs on platforms amid crypto bust
(Reuters) -Meta Platforms Inc is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than..
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Swiss regulator monitoring banks and insurers after SVB collapse
ZURICH (Reuters) – Swiss financial regulator FINMA on Monday said it was seeking to identify any potential contagion risks for t..
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Quantum computing breakthrough cements Mid Sussex reputation as ‘Silicon Valley’ of the region
Breakthrough by a Mid Sussex business resolves a major challenge in building quantum computers which could tackle complex problems of..
Finance
Market stress indicators react sharply after U.S. bank failures
By Amanda Cooper, Yoruk Bahceli and Naomi Rovnick LONDON (Reuters) – Financial market stress indicators reacted sharply on Monda..
Finance
Britain’s tax take risks blowing green energy off target
By Susanna Twidale and Shadia Nasralla LONDON (Reuters) – A cap on revenue and the lack of the kind of incentives offered to oil..
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UK gives BBC World Service 20 million pounds to support English language broadcasting
LONDON (Reuters) – Britain said on Monday it had awarded a one-off payment of 20 million pounds ($24.13 million) to the BBC Worl..
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Tesco to charge online, Booker suppliers new fulfilment charge
LONDON (Reuters) – Britain’s Tesco has told the suppliers of its online and Booker wholesale operations that they will nee..
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Bristol Myers, Pfizer, AbbVie drugs likely to face U.S. price negotiation
By Michael Erman, Patrick Wingrove and Ahmed Aboulenein NEW YORK/WASHINGTON (Reuters) – The blood thinner Eliquis from Bristol M..
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Porsche CEO: There is no conflict between e-mobility and e-fuels
WOLFSBURG (Reuters) – Porsche CEO Oliver Blume characterised the debate over e-fuels as “emotional” and said there w..
Technology
Britain toughens up diversity targets for UK companies
By Huw Jones LONDON (Reuters) – Britain’s top listed and private companies on Monday were called on to meet broader volunt..
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The pound, gilts and stocks: likely winners and losers from UK budget
By Lucy Raitano, Samuel Indyk and Joice Alves LONDON (Reuters) – Britain’s City and business lobby are clamouring for swee..
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HSBC acquires British arm of stricken Silicon Valley Bank
By Iain Withers LONDON (Reuters) -HSBC said on Monday it is acquiring the UK subsidiary of stricken Silicon Valley Bank for 1 pound, r..
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Novartis launches new $11 billion share buyback
ZURICH (Reuters) -Novartis has formally launched its new share buyback programme where it could spend up to 10 billion Swiss francs ($..
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Mobile games developer Huuuge says has $24.2 million at SVB
(Reuters) – Mobile games developer Huuuge Inc said late on Saturday about 10% of its cash and securities were held at the collap..
Business
US stock futures, bonds rally as markets flirt with Fed pause
By Wayne Cole SYDNEY (Reuters) – U.S. stock futures rallied in tense Asian trade on Monday as authorities announced plans to lim..
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Over a dozen Chinese-based firms say they have minimal exposure to SVB
HONG KONG (Reuters) -Over a dozen Hong Kong-listed companies have stepped forward to say they had little or no exposure to Silicon Val..
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S&P Global acquires firm to bolster capability to track commodity shipments
SINGAPORE (Reuters) – S&P Global Commodity Insights said on Monday it has acquired UK-based technology firm Tradenet and its..
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The careers that make up the global Stagecoach franchise network
There is a common belief that to start your own performing arts business, you need to have a performing arts background. Howeve..
Business
Frontline and public sector workers choose jobs with franchise brands
Ongoing dissatisfaction in pay and working conditions has seen an uplift in franchise brands welcoming new employees and investors ex..
Business
Britain delays major rail project HS2 as costs soar again
LONDON (Reuters) -Britain said on Thursday it would delay building parts of a new high-speed railway linking London and northern Engla..
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