Business

Henkel trims earnings outlook on raw material price spike

Henkel trims earnings outlook on raw material price spike

BERLIN (Reuters) – German consumer goods group Henkel trimmed its full-year earnings outlook on Monday, saying it could not full..

Ant Group starts to differentiate consumer loan business Jiebei from bank loans

Ant Group starts to differentiate consumer loan business Jiebei from bank loans

BEIJING (Reuters) – China’s Ant Group said on Monday that it is making efforts to “differentiate” part of its ..

Nintendo says chip shortage hitting hardware development

Nintendo says chip shortage hitting hardware development

TOKYO (Reuters) – Japan’s Nintendo Co Ltd said on Friday that a global chip shortage which forced the firm to scale back e..

ESSEC Business School launches new MSc in Sustainability Transformation

ESSEC Business School launches new MSc in Sustainability Transformation

4 November 2021 ESSEC Business School will launch a new MSc in Sustainability Transformation in 2022. The MSc is designed to equip fut..

AirAsia interested in potential Airbus A321neo freighter

AirAsia interested in potential Airbus A321neo freighter

By Liz Lee KUALA LUMPUR (Reuters) – Malaysia’s AirAsia Group Bhd is in talks with Airbus SE about its interest in the manu..

Online fashion retailer Zalando’s profit falls as in-store sales rebound

Online fashion retailer Zalando’s profit falls as in-store sales rebound

BERLIN (Reuters) -German online fashion retailer Zalando reported a slump in quarterly profit on Wednesday as it offered discounts to ..

Corporate Social Responsibility practices do not always improve sustainability

Corporate Social Responsibility practices do not always improve sustainability

2 November 2021 Corporate Social Responsibility practices do not always have a positive effect on sustainability, according to new res..

5 benefits of hybrid working for companies

5 benefits of hybrid working for companies

2 November 2021 After working remotely for so long, many organisations are wondering how to reincorporate office working. Should we go..

Meta denies Kazakh claim of exclusive access to Facebook’s content reporting system

Meta denies Kazakh claim of exclusive access to Facebook’s content reporting system

ALMATY (Reuters) – Facebook owner Meta Platforms on Tuesday denied a claim by the Kazakh government that it had been granted exc..

Maersk triples quarterly profit despite lower container volumes

Maersk triples quarterly profit despite lower container volumes

COPENHAGEN (Reuters) – Shipping group A.P. Moller-Maersk on Tuesday said record-high freight rates boosted quarterly earnings de..

WeWork rival IWG quarterly revenue dips on prolonged pandemic impact

WeWork rival IWG quarterly revenue dips on prolonged pandemic impact

(Reuters) – Office rental firm IWG Plc reported a slight fall in third-quarter revenue on Tuesday as a resurgence in global COVI..

Elon Musk goes viral on Chinese social media with ancient poem post

Elon Musk goes viral on Chinese social media with ancient poem post

(Refiles to fix location in dateline) By Eduardo Baptista HONG KONG (Reuters) – The posting of an ancient Chinese poem by Tesla ..

Jewellery maker Pandora lifts 2021 outlook

Jewellery maker Pandora lifts 2021 outlook

COPENHAGEN (Reuters) – Pandora, the world’s largest jewellery maker by production capacity, on Monday lifted its sales and..

Oil drops on China fuel reserves release; OPEC+ meeting in view

Oil drops on China fuel reserves release; OPEC+ meeting in view

By Yuka Obayashi TOKYO (Reuters) -Oil prices dropped on Monday as China’s release of gasoline and diesel reserves eased concerns..

Oil prices set for first weekly drop since August as supply concerns ease

Oil prices set for first weekly drop since August as supply concerns ease

By Roslan Khasawneh and Sonali Paul SINGAPORE (Reuters) -Oil prices edged up on Friday but were headed for their first weekly losses i..

DS Smith says cardboard box volumes strong; flags higher costs

DS Smith says cardboard box volumes strong; flags higher costs

(Reuters) – Cardboard maker DS Smith said on Thursday its box volume growth has been strong in the first half of the year, suppo..

Wagamama-owner Restaurant Group names former Cadbury executive Ken Hanna chairman

Wagamama-owner Restaurant Group names former Cadbury executive Ken Hanna chairman

(Reuters) – Britain’s Restaurant Group, which owns Frankie & Benny’s and Wagamama, on Thursday named former Cadb..

Having more women on boards makes companies more ethical

Having more women on boards makes companies more ethical

Having more women on boards makes companies more ethical, as they reduce the number of related party transactions (RPTs), otherwise kn..

Professional staffing firms remain resilient post-Covid, but a shortage of recruiters threatens recovery

Professional staffing firms remain resilient post-Covid, but a shortage of recruiters threatens recovery

Despite the struggles of the pandemic and the stripping back of business support schemes such as furlough, recruitment firms remain po..

AMS urges firms to ensure they can celebrate DEI progress for Black History Month next year

AMS urges firms to ensure they can celebrate DEI progress for Black History Month next year

As Black History Month draws to a close, global total workforce solutions provider, AMS (formerly Alexander Mann Solutions), has urged..

McDonald’s sales soar on higher U.S. prices, newer menu items

McDonald’s sales soar on higher U.S. prices, newer menu items

By Aishwarya Venugopal and Hilary Russ (Reuters) -Higher U.S. prices and celebrity-themed meals boosted quarterly comparable sales at ..

Gas price surge pushes Europe’s ceramics industry to breaking point

Gas price surge pushes Europe’s ceramics industry to breaking point

By Stephen Jewkes, Isla Binnie and Elvira Pollina MILAN (Reuters) – Continental Europe’s $35 billion ceramics industry tho..

Hackers-for-hire are biggest cybersecurity threat -EU agency

Hackers-for-hire are biggest cybersecurity threat -EU agency

By Foo Yun Chee BRUSSELS (Reuters) – Hackers-for-hire emerged as the biggest threat to online security in the last 15 months, wi..

Santander to release some pandemic provisions as profits jump

Santander to release some pandemic provisions as profits jump

By Jesús Aguado MADRID (Reuters) -Santander is to release some of the cash it set aside at the height of the pandemic in a sign the Sp..

D.C. residents most likely to search for a last-minute gift

D.C. residents most likely to search for a last-minute gift

Midwesterners rule as present-planners, with Nebraska, Kansas and the Dakotas least likely to search last minute New Yorkers revealed..

ESG key to securing talent amid skills shortages

ESG key to securing talent amid skills shortages

A visible commitment to Environmental, Social, and Corporate Governance (ESG) will enable financial services firms to secure sought-af..

Tesco says online services back up after interference ‘attempt’

Tesco says online services back up after interference ‘attempt’

LONDON (Reuters) -British supermarket chain Tesco said its website and app are back up after the services were disrupted by an attempt..

Britain’s Co-op bank confirms TSB approach

Britain’s Co-op bank confirms TSB approach

LONDON (Reuters) – Britain’s Co-operative Bank confirmed on Monday that it expressed interest in potentially buying TSB fr..

3 key factors of an effective leader

3 key factors of an effective leader

The purpose and strategic direction of an organisation lies at the heart of impactful leadership, says Saara Bange, Associate Director..

Norway’s DNB announces dividend after posting record Q3 earnings

Norway’s DNB announces dividend after posting record Q3 earnings

By Victoria Klesty and Gwladys Fouche OSLO (Reuters) – Norway’s largest bank DNB reported its best ever third-quarter earn..

Amazon and others commit to using zero-carbon shipping fuels by 2040

Amazon and others commit to using zero-carbon shipping fuels by 2040

By Jonathan Saul LONDON (Reuters) -Amazon.com Inc and IKEA are among commercial users of container shipping that will opt for zero-car..

UK competition watchdog has music streaming in its sights

UK competition watchdog has music streaming in its sights

By Kate Holton LONDON (Reuters) -Britain’s competition regulator plans to launch an investigation into music streaming to see wh..

HH Accreditation Positions Energy Assets for Market Transformation

HH Accreditation Positions Energy Assets for Market Transformation

Energy Assets has achieved accreditation to provide Half-Hourly (HH) Data Collection and Data Aggregation (DCDA) services direct to it..

Ford to invest around $300 million to build electric car parts at UK plant

Ford to invest around $300 million to build electric car parts at UK plant

LONDON (Reuters) – Ford said on Monday it would invest up to 230 million pounds ($316 million) to build electric car components ..

Oil prices climb as COVID recovery, power generators stoke demand

Oil prices climb as COVID recovery, power generators stoke demand

By Jessica Jaganathan SINGAPORE (Reuters) -Oil prices hit their highest level in years on Monday as demand recovers from the COVID-19 ..

Taiwan’s Foxconn shows off three electric vehicle prototypes

Taiwan’s Foxconn shows off three electric vehicle prototypes

By Yimou Lee TAIPEI (Reuters) – Taiwan tech giant Foxconn unveiled its first three electric vehicle prototypes on Monday, unders..

Italian fashion group OTB joins LVMH-led blockchain platform

Italian fashion group OTB joins LVMH-led blockchain platform

MILAN (Reuters) – Italian fashion group OTB has joined a consortium formed by luxury goods heavyweights LVMH, Prada and Richemon..