2023-04-03 10:36
By Padraic Halpin and Amanda Ferguson
BELFAST (Reuters) – On April 7, 1998, the head of Northern Ireland’s largest unionist party drafted a letter to the British prime minister a… Read More
Blog Directory > Business Blogs > technologydispatch business Blog >
2023-04-03 09:46
By Akash Sriram and Hyunjoo Jin
(Reuters) – Tesla Inc on Sunday posted record quarterly vehicle deliveries, but quarter-on-quarter sales growth was modest despite price cuts as rising… Read More
2023-04-03 07:15
By Milana Vinn, Anirban Sen and Dawn Chmielewski
(Reuters) – Endeavor Group Holdings Inc, the parent of the popular UFC mixed martial arts franchise, is in advanced talks to acquire Wo… Read More
2023-04-03 06:56
PARIS (Reuters) – An overwhelming majority of Parisians voted to ban electric scooters from the streets of the French capital on Sunday, in a non-binding referendum that city authoriti… Read More
2023-03-31 14:06
By Victoria Waldersee and Christina Amann
BERLIN (Reuters) -BMW is betting on efficient design and recycling to bring down battery costs and is steering clear of investing in mines, its fina… Read More
2023-03-31 13:58
By Olivier Sorgho
GDANSK (Reuters) -Parcel locker firm InPost forecast on Friday margin improvement in its key Poland market and ruled out job cuts and more price hikes this year, as it bene… Read More
2023-03-31 13:51
ZURICH (Reuters) – ABB will launch its new $1 billion share buyback on April 3, the Swiss engineering company said on Friday, with the intention to buy up to 30 million of its shares… Read More
2023-03-31 12:13
By John Crossan, Vice President & General Manager of Europe
The Great Resignation dominated discussions around the workforce last year. Partly a result of pandemic uncertainty and part… Read More
2023-03-30 14:01
By Chibuike Oguh
(Reuters) – Apollo Global Management Inc has been telling investors and analysts in the last few days that its reinsurance business Athene does not face the risk of a… Read More
2023-03-30 13:58
AMSTERDAM (Reuters) – Dutch health technology company Philips expects to reach settlements this year relating to its global recall of respiratory devices, CEO Roy Jakobs said in an int… Read More
2023-03-30 13:58
PARIS (Reuters) – Swiss packaged-food giant Nestle is closing a frozen-pizza factory in northern France that saw sales fall sharply after an E. coli outbreak last year, it said on Thur… Read More
2023-03-30 13:35
MILAN (Reuters) – Italian truck and bus maker Iveco Group said on Thursday it had struck a preliminary deal with Sweden’s Hedin Mobility Group to transfer it its distribution and… Read More
2023-03-30 13:20
(Reuters) – Petrofac Ltd said on Thursday it was awarded a 13 billion euro ($14.09 billion) framework agreement with Hitachi Energy by Dutch-German electricity grid operator TenneT to… Read More
2023-03-30 12:15
By Chiara Elisei
LONDON (Reuters) – U.S. and European small and medium-sized (SME) firms may be next to feel the pain of rapid interest rate rises, with analysts and investors warily w… Read More
2023-03-30 11:29
By Anna Pruchnicka
(Reuters) -Poland’s biggest e-commerce platform Allegro said on Thursday it expects core earnings to rise in the first quarter, as it focuses on cost control amid co… Read More
2023-03-30 11:05
By Huw Jones
LONDON (Reuters) – London is no longer the clear leader among global financial centres after New York rose from second place to level peg with the British capital as more… Read More
2023-03-30 10:17
(Reuters) – Arsenal reached the Women’s Champions League semi-finals for the first time in 10 years after beating Bayern Munich 2-0 in their last-eight second leg on Wednesday to… Read More
2023-03-30 08:09
STOCKHOLM (Reuters) – Ericsson shareholders voted against discharging the CEO and most of the board members of liability for the tech company’s actions during 2022 at the group&r&hell…Read More
2023-03-30 07:53
WASHINGTON (Reuters) – Falling energy prices will lower headline inflation towards the Bank of England’s 2% target, but persistent underlying inflation will make it hard for the… Read More
2023-03-29 19:05
By Jyoti Narayan, Krystal Hu, Martin Coulter and Supantha Mukherjee
(Reuters) -Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pa… Read More
2023-03-29 18:33
By Krystal Hu
NEW YORK (Reuters) – Microsoft-backed OpenAI is no longer the only game in town for software developers looking to capitalize on an expected $90 billion market for artifi… Read More
2023-03-29 14:36
MILAN (Reuters) – Private equity fund L Catterton and the Ontario Teachers’ Pension Plan (OTPP) said they had completed the sale of an around 5.7% stake in Italian cosmetics manu… Read More
2023-03-29 14:01
LONDON (Reuters) – Sergio Ermotti has been rehired as the CEO of Swiss banking giant UBS to steer its massive takeover of rival Credit Suisse.
Here are five facts about the 62-year-old… Read More
2023-03-29 13:44
By Foo Yun Chee
BRUSSELS (Reuters) – European budget carrier Wizz Air on Wednesday lost its fight against 62 million euros ($67.2 million) in state aid granted to its Romanian rival Bl… Read More
2023-03-29 13:24
By James Davey
LONDON (Reuters) -British fashion retailer Next reported a better-than-expected 5.7% rise in annual profit on Wednesday and said it would not need to increase prices by as muc… Read More
2023-03-29 12:52
(Reuters) – The failures of U.S. lenders Silicon Valley Bank (SVB) and Signature Bank, followed by Credit Suisse’s rescue, and the ensuing turmoil in world markets have re-ignite… Read More
2023-03-29 12:24
By Ankur Banerjee
SINGAPORE (Reuters) – Asian shares surged on Wednesday as easing concerns over the banking sector revived risk appetite, while Alibaba’s plans to split into six… Read More
2023-03-29 11:20
BOGOTA (Reuters) – Spanish ride-hailing app Cabify has raised $110 million in financing aimed at accelerating its growth in Latin America and Spain, the company said on Tuesday.
Cabify… Read More
2023-03-29 08:00
LONDON (Reuters) – On-demand services from Britain’s BBC, ITV and other public service broadcasters must remain easy to find on smart TVs and set-top boxes, the government said a… Read More
2023-03-29 06:43
By Amanda Cooper
LONDON (Reuters) – Turbulence in Europe’s banks following the implosion of 167-year-old Credit Suisse and runs on regional banks in the U.S. has focused attentio… Read More
2023-03-28 15:09
BRUSSELS (Reuters) – European Union countries’ energy ministers gave final approval on Tuesday to a law ending sales of new CO2-emitting cars in the EU in 2035, after Germany won… Read More
2023-03-28 15:04
FRANKFURT (Reuters) – German sales of batteries to store solar energy at home may jump 59% this year as more residents seek a cheaper, renewable and more reliable power supply, industr… Read More
2023-03-28 14:54
By Aby Jose Koilparambil
(Reuters) -UK’s Bellway will build a bigger share of homes in its social housing programme this fiscal year, its chief said on Tuesday, after the housebuilder… Read More
2023-03-28 14:48
By Amanda Cooper
LONDON (Reuters) -Global stocks rose and the dollar eased on Tuesday, after a deal backed by the U.S. regulator for First Citizens BancShares to buy up Silicon Valley Bank s… Read More
2023-03-28 14:27
By Christina Amann and Marie Mannes
BERLIN/STOCKHOLM (Reuters) – European carmakers are fighting back against proposed emission regulations they argue are too costly, rushed and unnece… Read More
2023-03-28 14:03
By Stephen Nellis
(Reuters) – Nvidia Corp, the world’s leading designer of computer chips used in creating artificial intelligence, on Monday showed new research that explains ho… Read More
2023-03-28 13:28
(Reuters) – A combined company of London’s OneWeb and French satellite firm Eutelsat Communications SA is set to list on the London Stock Exchange this year, a move that could he… Read More
2023-03-28 11:46
LONDON (Reuters) -Amazon.com Inc has lost a bid to throw out three sample lawsuits brought by British delivery drivers seeking employment rights including the minimum wage and holiday pay.
M… Read More
2023-03-28 10:10
By Andy Whitehurst, Chief Technology Officer UK, Sopra Steria
We’ve emerged from the pandemic and into the “new normal”, but now UK businesses face another threat –… Read More
2023-03-28 10:07
By Dr Leslie Kanthan, CEO and Co-founder at TurinTech
Generative AI, as demonstrated by ChatGPT, has triggered numerous discussions within the AI industry regarding its emerging role and c… Read More
2023-03-28 08:04
By William Schomberg and Andy Bruce
LONDON/MANCHESTER (Reuters) -Bank of England Governor Andrew Bailey signalled on Monday that interest rate-setters would focus on fighting inflation and w… Read More
2023-03-28 00:05
By Joan Faus
BARCELONA (Reuters) – Spain plans to launch two tenders simultaneously around July to pick the recipients of 2 billion euros ($2.16 billion) of EU funds for electric vehic… Read More
2023-03-27 23:59
LONDON (Reuters) – Windfall taxes mean oil and gas producers in the British North Sea will likely leave 500 million barrels of oil equivalent in the ground over the next decade, the eq… Read More
2023-03-27 15:13
LONDON (Reuters) – British retailers reported their first positive sales expectations in seven months, according to a survey published by the Confederation of British Industry on Monda… Read More
2023-03-27 15:06
By Ernest Scheyder
(Reuters) – Li-Cycle Holdings Corp said on Monday it will build a French facility to break down batteries from forklift manufacturer The Kion Group, marking the late… Read More
2023-03-27 14:26
By Gergely Szakacs and Krisztina Fenyo
BUDAPEST (Reuters) – Soaring inflation is taking the steam out of Hungary’s wedding market, supercharged in recent years by Prime Minister… Read More
2023-03-27 14:05
HONG KONG (Reuters) – Credit Agricole, France’s second-biggest listed bank, has become the latest foreign lender to boost its China investment banking operations with the launch… Read More
2023-03-27 13:49
LONDON (Reuters) – The Frankfurt-listed shares of several mid-tier U.S. lenders rose sharply on Monday, after a buyer emerged for large chunks of embattled Silicon Valley Bank’s… Read More
2023-03-27 12:49
(Reuters) – UK’s anti-trust regulator said on Monday it was looking into whether FDF’s proposed acquisition of General Electric Co’s France-based nuclear turbine unit… Read More
2023-03-27 12:06
By Klaus Lauer and Tom Sims
BERLIN/FRANKFURT (Reuters) – A massive strike in Germany was set to begin early Monday, crippling mass transport and airports in one of the biggest walkouts… Read More
2023-03-27 10:07
A look at the day ahead in European and global markets from Wayne Cole
It’s been a quiet Monday so far with Asian share markets mixed but U.S. and European stock futures higher, perhap… Read More
2023-03-27 07:56
By Mohi Narayan and Florence Tan
(Reuters) -Oil prices stabilised in Asian trade on Monday as investors sought cues from broader financial markets, while comments by Russian President Vladim… Read More
2023-03-24 19:20
(Reuters) – Global banks are staring at the biggest crisis since 2008 after two U.S. lenders collapsed, Switzerland’s Credit Suisse sought a government lifeline and America&rsquo&hell…Read More
2023-03-24 19:10
By Hannah Lang
WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dollar on Friday amid lingering nervousness over banks.
Banking stocks plunged in Europ… Read More
2023-03-24 14:20
By Lisa Baertlein
LOS ANGELES (Reuters) – There is no such thing as free shipping.
Even so, Amazon.com Inc and other online retailers who use so-called free delivery to cultivate custo… Read More
2023-03-24 13:51
By Marc Jones
LONDON (Reuters) -The European Union’s securities watchdog has fined S&P Global Ratings 1.1 million euros ($1.19 million) for publishing a number of credit scores bef… Read More
2023-03-24 11:45
(Reuters) -British pub group J D Wetherspoon Plc on Friday posted a return to half-year profit and said sales in recent weeks have topped pre-pandemic levels.
“Supply or delivery issue… Read More
2023-03-24 11:44
By Samuel Indyk
LONDON (Reuters) – The Swiss franc hasn’t lived up to its safe-haven reputation during the Credit Suisse collapse, as investors have sought shelter elsewhere, bri… Read More
2023-03-24 11:44
By Selena Li
HONG KONG (Reuters) -Standard Chartered Chief Executive Bill Winters said on Friday Credit Suisse AG’s $17 billion Additional Tier 1 bonds wipeout had “profound&rdqu&hell…Read More
2023-03-24 11:43
(Reuters) – British consumer confidence rose this month to its highest level in a year, helped by improving sentiment around the economy and despite persistent gloom over personal fina… Read More
2023-03-24 11:40
LONDON (Reuters) – London’s Westminster Abbey said visitors will get the chance this summer to follow King Charles’ coronation footsteps, getting access for the first time… Read More
2023-03-24 09:32
By Jacob Gronholt-Pedersen
COPENHAGEN (Reuters) – Denmark on Thursday invited the Russian-controlled operator of the Nord Stream 2 pipeline to help salvage an unidentified object found… Read More
2023-03-24 07:42
By Saleha Jaweid (Technical Program Manager) and Tereza Bízková (Ecosystem Communications Manager) of Topl
Experts are already predicting that the fall of SVB will create a le… Read More
2023-03-23 20:20
By Koh Gui Qing
NEW YORK (Reuters) – Wall Street stocks jumped on Thursday, pushing up global stock indexes, and Treasury yields fell, after investors took comfort that the Federal Res… Read More
2023-03-23 15:46
By David Milliken, John Revill and Aniruddha Ghosh
(Reuters) – The Bank of England on Thursday followed the Federal Reserve and the Swiss National Bank in ploughing on with interest ra… Read More
2023-03-23 13:35
SAP SE (NYSE: SAP) today announced GROW with SAP, a new offering to help midsize customers adopt cloud ERP that enables speed, predictability and continuous innovation. GRO… Read More
2023-03-23 13:34
By Dominik Birgelen, CEO of oneclick
In the past couple of years, the demand for hybrid working has led businesses to transform the way they operate and build their long-term strate… Read More
2023-03-23 13:16
LONDON (Reuters) – New York kept the top spot in the latest rankings of global financial centres from Z/Yen Group on Thursday, with London and Singapore also unchanged in second and th… Read More
2023-03-23 13:16
OSLO (Reuters) – Norway’s $1.3 trillion wealth fund, one of the world’s largest investors, will vote in favour of a shareholder motion calling on Starbucks to report on how… Read More
2023-03-23 13:15
By John Revill
ZURICH (Reuters) -The Swiss National Bank raised its benchmark interest rate by 50 basis points on Thursday and declared that measures to support Credit Suisse had “put… Read More
2023-03-23 13:14
By Lawrence White
LONDON (Reuters) – HSBC has appointed Patrick George as head of markets and securities services, according to a memo seen by Reuters on Thursday, amid a wider reshuff… Read More
2023-03-23 12:57
By Anastasiia Kozlova and Tristan Chabba
(Reuters) – Swiss online drug retailer Zur Rose on Thursday said it will not reach break-even in adjusted core profit this year as it navigates… Read More
2023-03-23 12:21
FRANKFURT (Reuters) – Lloyd’s of London swung to a pre-tax loss in 2022 and took writedowns on its fixed-income investments, it said on Thursday.
The pre-tax loss was 800 million… Read More
2023-03-22 19:37
By Hannah Lang
WASHINGTON (Reuters) – The dollar was lower on Wednesday following the U.S. Federal Reserve’s decision to raise interest rates by a quarter of a percentage point a… Read More
2023-03-22 19:28
By Scott DiSavino
NEW YORK (Reuters) -Oil prices rose about 2% to a one-week high on Wednesday as the dollar slid to a six-week low after the U.S. Federal Reserve delivered an expected small… Read More
2023-03-22 16:11
By John Revill
ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the world’s leading wealth management centre, experts w… Read More
2023-03-22 15:53
By Nupur Anand, Andrea Shalal and Balazs Koranyi
(Reuters) – U.S. authorities are set to explore ways to bolster financial stability, along with steps to tackle the problems facing Fir… Read More
2023-03-22 13:45
MILAN (Reuters) – Carmaker Stellantis said on Wednesday it would invest 130 million euros ($140 million) in its Eisenach assembly plant in Germany to produce a new battery electric veh… Read More
2023-03-22 13:35
By Gus Trompiz
PARIS (Reuters) -Louis Dreyfus Company (LDC) on Wednesday reported a 44% jump in 2022 net profit, joining other global crop merchants in capturing high prices and strong deman… Read More
2023-03-22 12:47
By Julia Payne
LAUSANNE, Switzerland (Reuters) -The recent rout in bank shares will not have a knock-on effect on commodities, global trading firm Trafigura’s chief financial officer C… Read More
2023-03-22 12:34
LONDON (Reuters) – Struggling British fashion brand Superdry has sold its intellectual property assets in much of the Asia Pacific region to South Korea’s Cowell Fashion Company… Read More
2023-03-22 12:21
By William Schomberg and David Milliken
LONDON (Reuters) – British inflation unexpectedly rose to 10.4% in February, pushed up by higher food prices and pricier drinks in pubs and rest… Read More
2023-03-22 12:09
ZURICH (Reuters) – Swiss agrichemicals and seeds group Syngenta on Wednesday reported a 25% drop in fourth quarter earnings due to higher raw materials and energy costs.
Syngenta, whic… Read More
2023-03-22 11:21
A look at the day ahead in European and global markets from Ankur Banerjee
With about 12 hours still to go before the Fed announces its policy decision, investors are attempting a bit of a r… Read More
2023-03-22 10:03
By Aditi Shah and Tim Hepher
NEW DELHI (Reuters) -India dampened foreign airline hopes for more access to its airports on Tuesday, with its aviation minister urging domestic carriers to fly… Read More
2023-03-22 06:59
By Laura Matthews and Chiara Elisei
(Reuters) -Law firm Pallas Partners and a Swiss counsel are working on possible legal action for some Credit Suisse bond investors whose holdings were wip… Read More
2023-03-22 06:58
By Laura Matthews and Chiara Elisei
(Reuters) -Law firm Pallas Partners and a Swiss counsel are working on possible legal action for some Credit Suisse bond investors whose holdings were wip… Read More
2023-03-21 19:57
LONDON/SINGAPORE (Reuters) – An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering a day after regulators sought to convince investors that… Read More
2023-03-21 19:48
By Koh Gui Qing
NEW YORK (Reuters) – Global shares jumped on Tuesday after the rescue of Credit Suisse stemmed a rout in equities and whetted risk appetites, although financial system… Read More
2023-03-21 14:50
MILAN (Reuters) – Telecom Italia (TIM) is seeking to cut as many as 2,000 jobs in Italy through a voluntary early retirement scheme as part of the former phone monopoly efforts to stre… Read More
2023-03-21 14:14
By Jessie Pang and Farah Master
HONG KONG (Reuters) -The screening of “Winnie the Pooh: Blood and Honey”, a British slasher film due to be released in Hong Kong this week, has be… Read More
2023-03-21 14:03
BERLIN (Reuters) – Paris 2024 Olympic torchbearers may not all get to keep their torches as a cherished memento of the Games because organisers plan to cut down on the number made in t… Read More
2023-03-21 13:25
LISBON (Reuters) – Portuguese airline TAP swung to a profit in 2022, earlier than expected in its restructuring plan, as rising revenue and lower staff costs offset soaring fuel prices… Read More
2023-03-21 12:09
By Andy Bruce and Sachin Ravikumar
LONDON (Reuters) -Britain recorded the largest budget deficit for any February since at least 1993 when monthly records started, swelled by government spen… Read More
2023-03-21 10:45
MADRID (Reuters) – U.S.-based buyout fund KKR has agreed to sell a 50% stake in Spanish renewable energy company X-elio to Canadian asset manager Brookfield, the two funds said on Tues… Read More
2023-03-21 09:07
By Giulio Piovaccari
MILAN (Reuters) – Maserati aims to increase its margin on operating profit to 15% in the next 12 months and sees a longer term target of 20% by the end of this dec… Read More
2023-03-21 09:06
By Rae Wee
SINGAPORE (Reuters) – The dollar steadied in a holiday-thinned Asia session on Tuesday, though it struggled to lift far from five-week lows as traders reckoned banking stres… Read More
2023-03-21 09:05
LONDON (Reuters) – British power generator SSE will invest 100 million pounds ($122 million) in a Scottish pumped hydro scheme which could help boost the country’s energy storage… Read More
2023-03-21 08:39
New research from IONOS, the leading European digitalisation partner for small and medium-sized businesses, has found that while UK SMEs consider digitalisation to be important… Read More
2023-03-21 06:18
By Arathy Somasekhar
HOUSTON (Reuters) – U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average so far this month, spurred by wide discounts to the globa… Read More
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