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Christmas shopping begins early as Britons face cash crunch

Christmas shopping begins early as Britons face cash crunch

By James Davey and Sarah Young LONDON (Reuters) -British consumers are trying to navigate the hit to their finances by spreading out t..

Ahold turns to solar panels, lowers thermostats to save energy

Ahold turns to solar panels, lowers thermostats to save energy

By Richa Naidu and Toby Sterling LONDON (Reuters) – Supermarket group Ahold Delhaize is turning to renewable energy and lowering..

Britain’s Next buys failed furniture retailer Made.com, 400 jobs axed

Britain’s Next buys failed furniture retailer Made.com, 400 jobs axed

By Sachin Ravikumar LONDON (Reuters) -British fashion retailer Next will buy the Made.com brand for 3.4 million pounds ($3.8 million) ..

Britain’s M&S warns of ‘gathering storm’ of higher costs and weak consumer

Britain’s M&S warns of ‘gathering storm’ of higher costs and weak consumer

By James Davey LONDON (Reuters) -British retailer Marks & Spencer warned on Wednesday of a “gathering storm” of higher..

Citigroup to buy Deutsche Bank license in Mexico for wholesale unit

Citigroup to buy Deutsche Bank license in Mexico for wholesale unit

NEW YORK (Reuters) -Citigroup Inc said on Tuesday it would purchase Deutsche Bank’s Mexican license in order to continue its cor..

Adidas slashes 2022 outlook after Kanye West split

Adidas slashes 2022 outlook after Kanye West split

By Rachel More BERLIN (Reuters) -Adidas further slashed its outlook for 2022 on Wednesday as it weighed the impact of its split from Y..

Commerzbank keeps outlook as lower Q3 profit still beats expectations

Commerzbank keeps outlook as lower Q3 profit still beats expectations

By Tom Sims and Unknown 9629b5b2-3983-43b7-ac6e-49eba7f61a04 FRANKFURT (Reuters) -Germany’s Commerzbank said on Wednesday its ne..

ABN Amro’s Q3 profit jumps as interest income recovers

ABN Amro’s Q3 profit jumps as interest income recovers

AMSTERDAM (Reuters) -Dutch bank ABN Amro beat analysts’ expectations on Wednesday, saying its net profit had more than doubled t..

InPost sees stronger 2022 but warns of slowing demand

InPost sees stronger 2022 but warns of slowing demand

(Reuters) – Poland’s InPost on Wednesday said its full-year expectations were higher than previously anticipated thanks to..

Taiwan’s President looks forward to Britain supporting its CPTPP bid

Taiwan’s President looks forward to Britain supporting its CPTPP bid

TAIPEI (Reuters) – Taiwan’s President Tsai Ing-wen told visiting British minister of state for trade Greg Hands on Wednesd..

Dollar catches breath while investors await midterms; cryptos skittish

Dollar catches breath while investors await midterms; cryptos skittish

By Tom Westbrook SINGAPORE (Reuters) – The dollar steadied on Wednesday as traders waited on results from U.S. elections and on ..

Oil prices ease on U.S. inventory build, China COVID worries

Oil prices ease on U.S. inventory build, China COVID worries

By Sonali Paul and Isabel Kua SINGAPORE (Reuters) -Oil prices slid on Wednesday as industry data showed U.S. crude stockpiles rose mor..

Asia stocks advance as investors await U.S. midterm election results

Asia stocks advance as investors await U.S. midterm election results

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares rose and the dollar wobbled on Wednesday as investors awaited U.S. inflatio..

Twitter to introduce ‘Official’ label for some verified accounts

Twitter to introduce ‘Official’ label for some verified accounts

By Sheila Dang and Fanny Potkin (Reuters) -Billionaire Elon Musk’s social media platform Twitter will introduce an “Offici..

Binance plans to buy rival FTX in bailout as crypto market crumbles

Binance plans to buy rival FTX in bailout as crypto market crumbles

By Hannah Lang and Tom Wilson WASHINGTON/LONDON (Reuters) – Crypto giant Binance signed a nonbinding agreement on Tuesday to buy..

Novavax cuts full-year revenue forecast again amid weak demand

Novavax cuts full-year revenue forecast again amid weak demand

(Reuters) – Novavax Inc cut its full-year revenue forecast on Tuesday for the second time in three months, hurt by a global supp..

Disney streaming beats Wall Street targets, earnings miss

Disney streaming beats Wall Street targets, earnings miss

By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney Co said on Tuesday its marquee streaming service, Disney+, gained ..

Marketing Trends For 2023

Marketing Trends For 2023

Annie Everill, Digital Marketing Executive, Imaginaire From local newspaper ads to virtual reality, marketing trends are up there with..

Second lives: lessons for retail banks from the Sunak revival

Second lives: lessons for retail banks from the Sunak revival

By Jonathan Power, RVP Northern Europe, Backbase Not many of us get a real second chance in life. But UK prime minister Rishi Sunak is..

Fingerprints™ and Tag Systems collaborate to offer contactless biometric payment cards globally

Fingerprints™ and Tag Systems collaborate to offer contactless biometric payment cards globally

World-leading biometrics company, Fingerprint Cards AB (Fingerprints™) has entered a partnership with global card manufacturer, Tag Sy..

Blow for EU crackdown on tax deals as Fiat wins appeal

Blow for EU crackdown on tax deals as Fiat wins appeal

By Foo Yun Chee LUXEMBOURG (Reuters) -Fiat Chrysler on Tuesday won its fight against an EU order to pay 30 million euros ($30 million)..

Bayer beats Q3 profit forecast on strong herbicide sales

Bayer beats Q3 profit forecast on strong herbicide sales

By Ludwig Burger FRANKFURT (Reuters) -Agriculture and pharmaceuticals company Bayer on Tuesday reported better-than-expected quarterly..

Pandora braces for recession despite resilient demand

Pandora braces for recession despite resilient demand

By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Danish jewellery maker Pandora reported third-quarter sales just above expectations on Tue..

Munich Re firmly sticks to 2022 target after quarterly profit rise

Munich Re firmly sticks to 2022 target after quarterly profit rise

FRANKFURT (Reuters) – Munich Re on Tuesday said it posted a 44% rise in net profit in the third quarter, despite big claims from..

Commerzbank, Norsk Hydro to invest 600 million euro into 1 GW of Danish solar

Commerzbank, Norsk Hydro to invest 600 million euro into 1 GW of Danish solar

By Nora Buli OSLO (Reuters) – A joint venture of subsidiaries of Germany’s Commerzbank and Norway’s Norsk Hydro will..

Factbox-‘Beaver blood moon’ offers world’s last total lunar eclipse until 2025

Factbox-‘Beaver blood moon’ offers world’s last total lunar eclipse until 2025

By Steve Gorman (Reuters) – Nighttime skywatchers from East Asia to North America will be treated to the rare spectacle of a ..

Developing countries need $1 trillion a year in climate finance -report

Developing countries need $1 trillion a year in climate finance -report

SHARM EL-SHEIKH, Egypt (Reuters) – Developing countries need to work with investors, rich countries and development banks to sec..

Bosch agrees to pay $25 million to settle California diesel emissions probe

Bosch agrees to pay $25 million to settle California diesel emissions probe

By David Shepardson (Reuters) -German auto supplier Bosch has agreed pay $25 million to resolve California’s probe into the comp..

UK chancellor Jeremy Hunt to announce a tax raid on inheritance -Telegraph

UK chancellor Jeremy Hunt to announce a tax raid on inheritance -Telegraph

(Reuters) – British Finance Minister Jeremy Hunt is to announce a tax raid on inheritance as he attempts to balance the books in..

Global hedge funds advance in October amid stocks rally

Global hedge funds advance in October amid stocks rally

NEW YORK (Reuters) – Global hedge funds posted a 2% gain in October, helped by a rally in stock markets and a combination of hig..

New Swedish government to cut fuel taxes, boost defence, police in budget

New Swedish government to cut fuel taxes, boost defence, police in budget

STOCKHOLM (Reuters) – Sweden’s new right-wing government will cut fuel taxes and give extra cash to the military and polic..

Ford’s EV guru Field talks bottlenecks and opportunities

Ford’s EV guru Field talks bottlenecks and opportunities

By Paul Lienert (Reuters) – An inadequate charging network and insufficient access to battery raw materials are critical bottlen..

Green Investment Group to launch battery storage platform

Green Investment Group to launch battery storage platform

LONDON (Reuters) – The Green Investment Group (GIG), owned by Macquarie Asset Management, will launch a new platform to develop ..

Germany should hike taxes on rich to finance relief packages, advisers say – report

Germany should hike taxes on rich to finance relief packages, advisers say – report

BERLIN (Reuters) – Germany’s economic advisory council will recommend the government raise taxes on the wealthy to help fi..

Ireland to sell 8% of its majority stake in AIB in one go

Ireland to sell 8% of its majority stake in AIB in one go

DUBLIN (Reuters) – The Irish government received more than enough demand to cover the sale of 8% of its majority stake in Allied..

Factbox-Strikes, protests in Europe over cost of living and pay

Factbox-Strikes, protests in Europe over cost of living and pay

(Reuters) – European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are ..

Analysis-Twitter’s ‘massive’ revenue drop adds to heavy debt burden

Analysis-Twitter’s ‘massive’ revenue drop adds to heavy debt burden

By Matt Tracy NEW YORK (Reuters) – Elon Musk’s revelation that Twitter has suffered a “massive” revenue drop s..