UK sees record monthly budget surplus, but tough picture ahead of budget
By David Milliken and Suban Abdulla LONDON (Reuters) -Britain chalked up its highest ever monthly budget surplus in January due to re..
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Coffee group JDE Peet’s posts surprise growth in 2023 operating profit
By Stephanie Hamel and Gaelle Sheehan (Reuters) -JDE Peet’s, one of the world’s largest coffee companies, on Wednesday re..
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Asian shares ease as early rate cut bets fizzle, focus on Fed minutes
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks eased on Wednesday as diminishing expectations of early interest rate cuts..
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Beijing shuts highways after heavy snowfall
BEIJING (Reuters) – Beijing shut some highways on Wednesday after heavier-than-expected snowfall hit the Chinese capital overni..
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Crypto firm Circle to end support for USDC stablecoin on Tron blockchain
By Tom Wilson LONDON (Reuters) – Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain netwo..
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UK employers offer smaller pay rises at start of 2024, XpertHR survey shows
LONDON (Reuters) – British employers scaled back the annual pay settlements they offered to staff at the start of 2024, a surve..
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Citigroup raises CEO Jane Fraser’s 2023 pay by 6% to $26 million
By Tatiana Bautzer (Reuters) -Citigroup increased Chief Executive Officer Jane Fraser’s compensation by about 6% to $26 million..
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Barclays plans cost cuts, bumper buybacks in bid to boost shares
Barclays plans cost cuts, bumper buybacks in bid to boost shares
By Lawrence White and Iain Withers LONDON (Reuters) -Barclays laid out a three-year plan to revive its flagging share price on Tuesday, including axi..
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Dialysis firm FMC sees robust 2024 earnings growth after strong Q4
GDANSK (Reuters) – Fresenius Medical Care on Tuesday forecast its core earnings to grow by a mid- to high-teens percentage this..
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China slashes mortgage reference rates to revive property market
SHANGHAI/SINGAPORE (Reuters) -China announced its biggest ever reduction in the benchmark mortgage rate on Tuesday, as authorities so..
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Air Liquide tops profit forecast, hikes 2025 margin target
By Augustin Turpin and Olivier Cherfan (Reuters) -French industrial gases firm Air Liquide on Tuesday posted a better-than-expected a..
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Marketmind: Wages will test wagers on rates
A look at the day ahead in European and global markets from Tom Westbrook Europe’s central bank has singled out wages as the si..
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German homes are still overvalued despite price drop – Bundesbank
FRANKFURT (Reuters) – German homes are still overvalued despite a fall in prices last year as the cost of mortgages spiked, the..
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Sterling inches higher after last week’s fall
By Harry Robertson LONDON (Reuters) – The pound edged slightly higher on Monday after falling last week, as investors waited fo..
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‘Oppenheimer’ triumphs at BAFTA Film Awards with most win
By Marie-Louise Gumuchian LONDON (Reuters) -“Oppenheimer”, a three-hour epic about the making of the atomic bomb in World..
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Marketmind: China markets look like they need another holiday
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. High hopes China’s mark..
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UK property prices show first annual rise since August – Rightmove
LONDON (Reuters) – The prices of homes being put up for sale in Britain have risen in annual terms for the first time in six mo..
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France cuts 2024 growth forecast as outlook darkens
By Elizabeth Pineau and Geert De Clercq PARIS (Reuters) -French Finance Minister Bruno Le Maire said the government had lowered its f..
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Factbox-Main winners at the 2024 BAFTA Film Awards
LONDON (Reuters) – Britain’s top movie honours, the BAFTA Film Awards, were handed out on Sunday at a ceremony in London...
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England’s NHS to trim main healthcare wait list ahead of election
By Paul Sandle LONDON (Reuters) -England’s health service will move about 40,000 pending child consultations for ADHD, autism a..
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Swedish January inflation up as expected, rate cut set for mid-year
By Simon Johnson STOCKHOLM (Reuters) – Headline Swedish inflation picked up pace as expected in January, data showed on Monday,..
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Dollar stands firm as sticky US inflation dents rate cut expectations
By Ankur Banerjee SINGAPORE (Reuters) -The dollar was steady on Monday after data last week showing U.S. inflation remained sticky ca..
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Asia shares sputter as China returns with low energy
By Wayne Cole SYDNEY (Reuters) -Asian shares struggled to make much ground on Monday as fading chances for early rate cuts globally s..
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Westpac sees monetary policy ‘less restrictive’ over next year, Q1 profit drops
By Echha Jain (Reuters) -Westpac Banking Corp said it sees scope for monetary policy in Australia to become less restrictive within t..
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Spanish conservatives retain majority in Galicia regional vote
MADRID (Reuters) -Spain’s opposition conservative People’s Party retained its absolute majority in its stronghold in the ..
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The benefits of cloud computing for businesses
In the fast-paced and dynamic landscape of modern business, staying competitive requires leveraging advanced technologies. Cloud com..
Technology
UK’s Costa Coffee to give workers 9% pay rise
LONDON (Reuters) – Britain’s Costa Coffee will give over 15,000 hourly-paid workers an average 9% pay increase from April..
News
Jet engine maker Safran raises dividend on profit jump and growth outlook
PARIS (Reuters) -French jet engine maker Safran posted sharply higher revenue and operating profit for 2023, raised its dividend and ..
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Cisco to cut more than 4,000 jobs, lowers annual revenue forecast
By Akash Sriram (Reuters) -Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annua..
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Swedish union to exempt some Tesla cars from mechanic strike
STOCKHOLM (Reuters) – Swedish labour union IF Metall on Wednesday said it would permit its mechanics to fix some Tesla cars at ..
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Strategies for effective cross-selling and up-selling
In the competitive landscape of modern business, organizations are constantly seeking ways to enhance revenue streams and imp..
Business
The Evolution of the Gig Economy and Its Impact on Entrepreneurship
Introduction: The gig economy has undergone a profound transformation in recent years, reshaping traditional notions of work and entr..
Finance
India’s Bosch posts Q3 profit climb on healthy auto parts demand
BENGALURU (Reuters) – Bosch, the Indian arm of German automotive supplier Robert Bosch GmbH, reported a 62.5% climb in third-qu..
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TUI swings to surprise first-quarter profit on robust travel demand
By Joanna Plucinska and Ilona Wissenbach LONDON (Reuters) – Europe’s largest travel operator TUI on Tuesday reported far ..
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German economy expected to grow in 2024, official says
BERLIN (Reuters) – Germany is not in recession and its economy is expected to grow in 2024, Chancellor Olaf Scholz’s chie..
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The hardest job in the world’: Siberian shipyard workers brave freezing cold
YAKUTIA, Russia (Reuters) – A drone flies low over a snow-covered shipyard in Russia’s Far East, where workers toil in su..
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Asia stocks nudge higher, dollar steady ahead of US inflation report
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks inched higher and the dollar held steady on Tuesday ahead of a key U.S. in..
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