Credit Suisse Group rating downgraded by S&P
ZURICH (Reuters) -Credit Suisse Group AG’s credit rating has been downgraded to BBB from BBB+ by Standard & Poors, a blow fo..
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Factbox-COVID-hit Chinese cities seek exit from painful lockdown
By Roxanne Liu and Ryan Woo (Reuters) – Plans by COVID-hit Chinese cities to exit or avoid lockdown are more fraught and uncerta..
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Ukraine begins first war crimes trial of Russian soldier
By Pavel Polityuk and Tom Balmforth KYIV (Reuters) -A Ukrainian court held a preliminary hearing on Friday in the first war crimes tri..
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Barclays warns of sub-parity euro, 5 ppt GDP hit if Russia turns off gas taps
By Marc Jones LONDON (Reuters) – Analysts at Barclays have warned of a 5 percentage point hit to euro zone GDP and a dive below ..
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Prince William and wife Kate take over UK airwaves to fight loneliness
LONDON (Reuters) – Prince William and his wife Kate took over the airwaves of every radio station in the United Kingdom on Frida..
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Soccer-Nike ends sponsorship deal with Spartak Moscow
(Reuters) -Nike has terminated its sponsorship deal with Russian Premier League club Spartak Moscow because they will not be taking pa..
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Battered sterling gets respite but set for weekly fall vs dollar
By Lucy Raitano LONDON (Reuters) – Britain’s pound edged up against the dollar on Friday, offering some respite from a wee..
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European stocks find support at end of volatile week
(Reuters) -European shares rose on Friday, as sentiment stabilised at the end of a volatile week dominated by worries about aggressive..
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Germany promises G7 show of unity against Russia as ministers meet
By Alexander Ratz and John Irish WEISSENHAUS, Germany (Reuters) – Foreign ministers from the G7 group of rich nations aim to giv..
News
Explainer-How N.Korea’s COVID-19 outbreak could ignite a major health crisis
By Soo-hyang Choi and Josh Smith SEOUL (Reuters) – North Korea’s admission that it is battling an “explosive” ..
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Analysis: Traders ready for wilder swings as rate rises stoke volatility
By Dhara Ranasinghe, Saikat Chatterjee and Davide Barbuscia LONDON/NEW YORK (Reuters) – Traders in the world’s largest mar..
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A Phoenix Rises from the Ashes into Cloud
Infor helps David + Baader start afresh after cyberattack on on-premises systems MUNICH – May 12, 2022 – Infor, the industry cl..
Technology
ALQUITY AND SPOUTING ROCK ASSET MANAGEMENT JOIN FORCES TO LAUNCH NEW PLATFORM TO ACCELERATE ADOPTION OF ESG INVESTING IN U.S.
∙ Alquity, the leading responsible investment manager and Spouting Rock Asset Management form strategic partnership ∙ ..
Business
Jøtul Heats up its Future with Infor Cloud ERP
Leading fireplace manufacturer deploying ‘a modern platform as an engine for digitization and innovation’ OSLO, Norway – 12 May 2022 –..
Technology
Mental Health Awareness Week: How to support the mental health of employees that work remotely
By Tanya Woolf, Head of Psychological Services at Onebright With Mental Health Awareness Week taking place Monday 9 to Sunday 1..
News
Progress Extends the Power of DevSecOps to Cloud-Native Assets with the First Release of Progress® Chef® Cloud Security
Company to debut latest additions to its policy-based portfolio during live virtual event on 25th May READING, UK – 10th ..
Technology
AXA, Unilever to join new 1 billion euro regenerative agriculture fund
ZURICH (Reuters) – Insurer Axa and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro..
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ECB firms up expectations for July interest rate hike
LJUBLJANA (Reuters) – The European Central Bank has firmed up expectations that it will raise its benchmark interest rate in Jul..
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Nearly 5 million jobs lost in Ukraine as war pummels economy – ILO
LONDON (Reuters) – Around 4.8 million jobs have been lost in Ukraine since the start of the Russian invasion in February, as the..
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Shares drop, yields shoot up after U.S. inflation data
By Danilo Masoni MILAN (Reuters) – World shares turned lower on Wednesday and bond yields shot up after U.S. data showed inflati..
Finance
Dollar moves off lows on heels of inflation data
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar moved sharply off its lows on Wednesday and briefly turned positive on the ..
Finance
Ukraine pushes Russian forces back, restricts gas flow to Europe
By Pavel Polityuk and Jonathan Landay KYIV/VILHIVKA, Ukraine (Reuters) -Ukrainian forces reported battlefield gains on Wednesday in a ..
Headlines
Factbox-Potential bidders in Norway’s first offshore wind tender
By Nora Buli OSLO (Reuters) – Norway has earmarked two areas in the North Sea to accommodate up to 4.5 gigawatt (GW) of floating..
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Appian Awarded $2.036 Billion in Damages Against Pegasystems Inc.
Appian receives verdict from Fairfax County, Virginia jury holding Pegasystems liable for trade secret misappropriation and vio..
Business
WFH = Working From Anywhere, ‘workations’ and ‘bleisure’ trends for new work-life balance
The Swift Group – UK’s biggest motorhome, caravan and holiday home manufacturer • New work-life choices have created a ma..
Business
How to Harness the Dual Power of Purpose and Human Connection
New York, NY, May 10, 2022 ― For anyone who has ever felt stuck, underwhelmed and unfulfilled by everyday life, author, speaker..
Opinion
Analysis: Blockchain needs MP3 music moment to win over markets
By Huw Jones LONDON (Reuters) – Blockchain needs its own music industry ‘MP3′ moment as fragmented regulation and te..
Headlines
Wall Street set to open higher, oil prices extend losses
By Elizabeth Howcroft LONDON (Reuters) -European stock indexes rose on Tuesday as risk appetite showed some signs of picking up again ..
Finance
Explainer-What will a Marcos presidency in the Philippines look like?
By Martin Petty (Reuters) – Ferdinand Marcos Jr has swept an election in the Philippines and will begin a six-year term as presi..
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Tesla stutters under tighter Shanghai lockdown; Beijing keeps hunting COVID
By David Stanway and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) -Tesla operated its Shanghai plant well below capacity on Tuesday,..
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Factbox-UK government sets out priorities in Queen’s speech
LONDON (Reuters) – British Prime Minister Boris Johnson hopes to reset his government on Tuesday with plans aimed at winning bac..
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For some European states, rising debt costs rekindle 2011 crisis memories
By Dhara Ranasinghe LONDON (Reuters) – The rise in European bond yields is alarming some economists, who warn that Italy and Gre..
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Cryptoverse: Buying the dip? Bitcoin’s a rates rookie
By Lisa Pauline Mattackal and Medha Singh (Reuters) – Bitcoin has scant experience with rising interest rates, posing perils for..
Finance
Stocks slide on growth fears, oil tumbles
By Sinéad Carew NEW YORK (Reuters) – Stock indexes around the world fell sharply on Monday and the dollar reversed course after ..
Finance
Marcos, son of strongman, triumphs in Philippines presidential election
By Karen Lema and Neil Jerome Morales MANILA, (Reuters) -Ferdinand Marcos Jr clinched a stunning runaway victory in the Philippines..
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Exclusive-Germany prepares crisis plan for abrupt end to Russian gas – sources
By John O’Donnell BERLIN (Reuters) – German officials are quietly preparing for any sudden halt in Russian gas supplies wi..
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Portugal set to start up Europe’s largest floating solar park
By Sergio Goncalves and Miguel Pereira ALQUEVA, Portugal (Reuters) – Two tugboats have moved a vast array of 12,000 solar panels..
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