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European shares hit nine month high, dollar wobbles after Powell remarks

European shares hit nine month high, dollar wobbles after Powell remarks

  By Alun John LONDON (Reuters) – Global shares jumped and most currencies rose against the dollar on Wednesday as investor..

Italy’s MPS sees ‘safe habour’ ahead after strong quarter

Italy’s MPS sees ‘safe habour’ ahead after strong quarter

  By Valentina Za MILAN (Reuters) -Italian state-owned bank Monte dei Paschi di Siena (MPS) on Wednesday joined peers in solidly ..

Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 20%

Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 20%

(Reuters) -Michael Kors owner Capri Holdings Ltd cut its annual profit forecast on Wednesday, hurt by a slowdown in demand for its lux..

Russian threat to Baltic security rising – Estonian intelligence report

Russian threat to Baltic security rising – Estonian intelligence report

  By Andrius Sytas VILNIUS (Reuters) – Estonia’s Foreign Intelligence Service said it believed Russia still had the s..

Activision aims to help UK regulator ‘better understand our industry’

Activision aims to help UK regulator ‘better understand our industry’

LONDON (Reuters) – “Call of Duty” maker Activision Blizzard said on Wednesday it hoped it could help Britain’s..

Jacuzzi chooses Infor cloudsuite as centerpiece of enterprise transformation

Jacuzzi chooses Infor cloudsuite as centerpiece of enterprise transformation

Global spa leader deploying Infor CloudSuite Industrial Enterprise to help improve inventory accuracy and supply chain efficiency, enh..

Monaco Cybersecurity Agency picks Gatewatcher NDR

Monaco Cybersecurity Agency picks Gatewatcher NDR

Gatewatcher, technological leader in network cyberthreat detection, announced today that the Monaco Cybersecurity Agency (AMSN) has de..

Stocks, dollar pause ahead of Powell, Biden speeches

Stocks, dollar pause ahead of Powell, Biden speeches

By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – A gauge of global equities edged lower and the dollar inched up on Tu..

EU considers ban on ‘forever chemicals’, urges search for alternatives

EU considers ban on ‘forever chemicals’, urges search for alternatives

By Ludwig Burger (Reuters) -The European Union on Tuesday started to consider a proposal to ban widely used, potentially harmful subst..

BP makes record profit in 2022, slows shift from oil

BP makes record profit in 2022, slows shift from oil

By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP reported on Tuesday a record profit of $28 billion for 2022 and hiked it..

Cryptoverse: Is bitcoin out of the woods? Consider the options

Cryptoverse: Is bitcoin out of the woods? Consider the options

By Medha Singh, Lisa Pauline Mattackal and Vidya Ranganathan (Reuters) – Have bitcoin and ether finally turned a corner? It̵..

ChatGPT mania pumps up Chinese AI technology stocks

ChatGPT mania pumps up Chinese AI technology stocks

  SHANGHAI (Reuters) – Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy ..

Marketmind: Rates start to bite

Marketmind: Rates start to bite

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks on Tuesday come off the..

From boom to bottom and now big change: Renault and Nissan reshape alliance

From boom to bottom and now big change: Renault and Nissan reshape alliance

PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissan announced a deal on Monday to redesign their dec..

UK stocks slip as rate hike worries grip investors

UK stocks slip as rate hike worries grip investors

  By Sruthi Shankar and Shashwat Chauhan (Reuters) – The UK’s FTSE 100 closed lower on Monday, as upbeat U.S. economi..

Finance

Global shares slide, dollar gains as rates rise on strong data

Global shares slide, dollar gains as rates rise on strong data

  By Herbert Lash and Amanda Cooper WASHINGTON (Reuters) – Global equity markets slid and the dollar firmed on Monday after data showing a ..

Turkey quake kills 912 in historic disaster, Erdogan says

Turkey quake kills 912 in historic disaster, Erdogan says

  ANKARA (Reuters) – At least 912 people were killed and more than 5,000 injured when a magnitude-7.8 earthquake struck sou..

Swiss to vote on preventing cashless society, pressure group says

Swiss to vote on preventing cashless society, pressure group says

  (Reuters) – Swiss citizens will get the chance to try to ensure their economy never becomes cashless, a pressure group sa..

UK watchdog warns crypto firms to prepare for advertising rule change

UK watchdog warns crypto firms to prepare for advertising rule change

LONDON (Reuters) -Britain’s financial watchdog warned crypto businesses on Monday to get ready for a rule change on advertising ..

Ways to improve work performance

Ways to improve work performance

Work performance is an important aspect of any job. No matter the industry, having a strong and efficient work performance is one of t..

U.S. job growth powers ahead; unemployment rate at 3.4%

U.S. job growth powers ahead; unemployment rate at 3.4%

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated sharply in January while the unemployment rate hit a more t..

Euro zone inflation seen just above ECB’s target in 2025, poll shows

Euro zone inflation seen just above ECB’s target in 2025, poll shows

FRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank’..

Kering recruits Estee Lauder exec for push into cosmetics

Kering recruits Estee Lauder exec for push into cosmetics

PARIS (Reuters) – French luxury goods group Kering said Friday it was entering the cosmetics business, with the announcement tha..

Lockmaker Assa Abloy boosts dividend, but wary on outlook

Lockmaker Assa Abloy boosts dividend, but wary on outlook

STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profi..

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom raised its 2023 revenue forecast on Friday, after pos..

France seeks strategy as nuclear waste site risks saturation point

France seeks strategy as nuclear waste site risks saturation point

By Benjamin Mallet LA HAGUE, France (Reuters) – At a nuclear waste site in Normandy, robotic arms guided by technicians behind a..

Tech earnings hit pause button on market rally

Tech earnings hit pause button on market rally

By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message..

Billionaire Cohen builds stake in Nordstrom, urges board shakeup

Billionaire Cohen builds stake in Nordstrom, urges board shakeup

By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to pus..

Ford posts lower profit, issues downbeat outlook; shares drop

Ford posts lower profit, issues downbeat outlook; shares drop

By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday said quarterly profits fell and the automaker predicted ..

Oil slumps on economic data, stronger U.S. dollar

Oil slumps on economic data, stronger U.S. dollar

By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. industrial-linked factory orders dipped, while the d..

Apple’s weak iPhone sales drive first profit miss since 2016

Apple’s weak iPhone sales drive first profit miss since 2016

By Stephen Nellis (Reuters) – Apple Inc on Thursday reported sales and profits that missed Wall Street expectations driven by we..

Central banks hike rates again, but a pause is coming

Central banks hike rates again, but a pause is coming

LONDON (Reuters) – Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns...

Fed rates up, BoE up, ECB up, stocks up

Fed rates up, BoE up, ECB up, stocks up

By Marc Jones LONDON (Reuters) – Higher stock markets showed the bulls were still firmly in charge on Thursday as the European C..

Finboot Further strengthens board with appointment of former CIO of  Evonik, Dr. Bettina Uhlich, as non-executive director.

Finboot Further strengthens board with appointment of former CIO of  Evonik, Dr. Bettina Uhlich, as non-executive director.

    Finboot is announcing today it has appointed former Evonik Chief Information Officer and Head of Global IT Services, Dr Betti..

Scandi standard standardizes with Infor cloud

Scandi standard standardizes with Infor cloud

  Leading producer of chilled, frozen and ready-made chicken products to adopt Infor CloudSuite Food & Beverage as a platform..

Roche flags 2023 earnings decline on slump in COVID products

Roche flags 2023 earnings decline on slump in COVID products

By Ludwig Burger BASEL (Reuters) – Roche warned of a decline in 2023 earnings, as revenue growth from new drugs, including its h..

Julius Baer 2022 profits fall as it hits business cycle targets

Julius Baer 2022 profits fall as it hits business cycle targets

ZURICH (Reuters) – Julius Baer on Thursday said net profit fell 12% in 2022 in a tough market environment, as the Swiss bank sai..