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Wall Street stocks power higher as Treasury yields and dollar ease

Wall Street stocks power higher as Treasury yields and dollar ease

By Lawrence Delevingne and Elizabeth Howcroft (Reuters) – Wall Street stocks posted strong gains while Treasury yields and the d..

Dollar retreats, headed for biggest weekly loss since mid-January; bitcoin down

Dollar retreats, headed for biggest weekly loss since mid-January; bitcoin down

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid from a 2-1/2-month high versus the Japanese yen on Friday,..

Offshore crews to strike on BP’s North Sea installations, says Unite

Offshore crews to strike on BP’s North Sea installations, says Unite

(Reuters) – Nearly 50 offshore workers on several of BP’s North Sea installations have backed strike action in pursuit of a pay ..

Lufthansa expects further ‘significant improvement’ after return to profit

Lufthansa expects further ‘significant improvement’ after return to profit

By Ilona Wissenbach and Joanna Plucinska (Reuters) – Germany’s Lufthansa on Friday delivered an “unprecedented”..

Oil prices stable, heading for weekly gain

Oil prices stable, heading for weekly gain

By Shadia Nasralla LONDON (Reuters) -Oil prices held steady on Friday, poised to register a weekly gain as renewed optimism on China&#..

Cepsa to nearly double investments over next 3 years as profit soars

Cepsa to nearly double investments over next 3 years as profit soars

MADRID (Reuters) -Spanish oil and gas company Cepsa plans to nearly double its investments over the next three years to a total of 3.6..

Euro zone recovery gathers pace, allays fears of recession-PMI

Euro zone recovery gathers pace, allays fears of recession-PMI

LONDON (Reuters) – The recovery in euro zone business activity gathered pace last month as growth accelerated in the bloc’..

Morgan Stanley, others now forecast 4% peak for key ECB rate

Morgan Stanley, others now forecast 4% peak for key ECB rate

By Sudip Kar-Gupta (Reuters) -Morgan Stanley and two other investment banks have revised their forecasts for the European Central Bank..

British property portal Rightmove hikes dividend after annual profit jump

British property portal Rightmove hikes dividend after annual profit jump

(Reuters) -British real-estate portal Rightmove Plc on Friday raised its final dividend payment and posted a higher annual operating p..

Latest four-member SpaceX crew docks with International Space Station

Latest four-member SpaceX crew docks with International Space Station

By Steve Gorman (Reuters) – A SpaceX Crew Dragon capsule arrived safely at the International Space Station (ISS) early on Friday..

Credit Suisse offers higher deposit rates in Asia to woo the wealthy – sources

Credit Suisse offers higher deposit rates in Asia to woo the wealthy – sources

By Selena Li HONG KONG (Reuters) -Credit Suisse is offering higher deposit rates than its rivals to attract new funds from wealthy cli..

Cyber attacks against Ukraine pivoted to target NATO countries from September 2022

Cyber attacks against Ukraine pivoted to target NATO countries from September 2022

    Check Point Research (CPR) highlights September 2022 as a turning point for cyber-attacks related to the Russia-Ukraine war. ..

Dollar firms after U.S. labor data suggests more rate hikes

Dollar firms after U.S. labor data suggests more rate hikes

By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar strengthened on Thursday after unemployment claims pointe..

Estonia’s pro-Kyiv government faces election test amid cost of living crisis

Estonia’s pro-Kyiv government faces election test amid cost of living crisis

By Andrius Sytas KOHTLA-JARVE, Estonia (Reuters) – One of Europe’s most staunchly pro-Ukrainian governments faces a challe..

Citi pledges to cut emissions for more sectors including coal

Citi pledges to cut emissions for more sectors including coal

LONDON (Reuters) -U.S. bank Citi on Thursday announced targets for cutting emissions tied to loans it makes to coal mining, auto, stee..

Stocks mixed, dollar gains after robust inflation, jobs data

Stocks mixed, dollar gains after robust inflation, jobs data

By Lawrence Delevingne and Marc Jones (Reuters) -Global stock markets were mixed on Thursday, as investors weighed indicators of econo..

Britain’s Nationwide curbs cryptocurrency purchases by customers

Britain’s Nationwide curbs cryptocurrency purchases by customers

By Lawrence White and Elizabeth Howcroft LONDON (Reuters) – Britain’s Nationwide Building Society has restricted customers..

Italy Jan jobless rate edges up to 7.9%, with 35,000 jobs created

Italy Jan jobless rate edges up to 7.9%, with 35,000 jobs created

xROME (Reuters) – Italy’s unemployment rate rose slightly to 7.9% in January from an unrevised 7.8% the month before, nati..

Merck KGaA expects 2023 profit to slip as COVID demand wanes

Merck KGaA expects 2023 profit to slip as COVID demand wanes

By Ludwig Burger FRANKFURT (Reuters) – Germany’s Merck KGaA on Thursday predicted 2023 earnings would slip due to a declin..

Covestro sees lower 2023 profit, cash flow as macro challenges prevail

Covestro sees lower 2023 profit, cash flow as macro challenges prevail

By Bartosz Dabrowski and Andrey Sychev (Reuters) -German chemicals maker Covestro said on Thursday it expected lower core profit and l..

Switzerland’s Clariant sees slight sales drop in 2023

Switzerland’s Clariant sees slight sales drop in 2023

(Reuters) -Clariant said on Thursday it expects annual sales to slightly decline in 2023 after reporting sales for the full year fairl..

Budweiser APAC bets on post-COVID China thirst for premium beer

Budweiser APAC bets on post-COVID China thirst for premium beer

BEIJING (Reuters) – Budweiser Brewing Co APAC, Asia’s largest beer company by sales, said on Thursday it will expand into ..

Global energy-related CO2 emissions edged up to record high in 2022 – IEA

Global energy-related CO2 emissions edged up to record high in 2022 – IEA

By Susanna Twidale LONDON (Reuters) – Global energy-related emissions of carbon dioxide hit a record high last year, although mo..

Renault, Geely ink pact with Aramco for engine venture

Renault, Geely ink pact with Aramco for engine venture

(Reuters) -Oil giant Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French car maker Renault..

Dollar finds footing as focus turns to Europe inflation

Dollar finds footing as focus turns to Europe inflation

By Tom Westbrook SINGAPORE (Reuters) – The dollar caught its breath in Asia on Thursday, steadying as U.S. yields went up while ..

Australia’s Macquarie explores $6 billion deal for Britain’s M&G, Sky News reports

Australia’s Macquarie explores $6 billion deal for Britain’s M&G, Sky News reports

(Reuters) – Australian investment bank Macquarie Group Ltd is at the early stages of exploring a takeover bid of over 5 billion ..

Volkswagen’s financial services undergoing reorganization

Volkswagen’s financial services undergoing reorganization

FRANKFURT (Reuters) – Volkswagen is reorganizing its financial services holding companies, Volkswagen Bank and Volkswagen Financ..

AB Agri chooses Infor to drive digital strategy for growth

AB Agri chooses Infor to drive digital strategy for growth

    Leading international agri-food firm revamps ERP platform for digital transformation Infor®, the industry cloud company, toda..

Analysis-Watch out risk assets, the rout in bonds is coming your way

Analysis-Watch out risk assets, the rout in bonds is coming your way

By Dhara Ranasinghe, Nell Mackenzie and Yoruk Bahceli LONDON (Reuters) – The selling gripping the world’s biggest bond mar..

Dollar slips, yuan gains on China PMI; hot inflation lifts euro

Dollar slips, yuan gains on China PMI; hot inflation lifts euro

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar slid and China’s yuan gained on Wednesday after Chin..

Chichester Park Hotel Checks in to the Cloud with Infor

Chichester Park Hotel Checks in to the Cloud with Infor

  UK Hotel deploys Infor hospitality management solutions to integrate and streamline operations   Infor®, the industry cloud com..

Oliver packaging applies AI to Infor CloudSuite industrial to help provide critical food supplies to senior meals programs, healthcare organizations and schools

Oliver packaging applies AI to Infor CloudSuite industrial to help provide critical food supplies to senior meals programs, healthcare organizations and schools

  Integrated solution enabled leading manufacturer of food equipment & meal packaging systems to optimize its inventory 30 ti..

Dubai International Financial Centre chooses Napier to provide client screening capabilities

Dubai International Financial Centre chooses Napier to provide client screening capabilities

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) reg..

Bank finance for cleaner energy grows, but still lags fossil fuels – report

Bank finance for cleaner energy grows, but still lags fossil fuels – report

LONDON (Reuters) -Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil fuels ..

Wall St indexes mixed, Treasury yields tick up as higher rates loom

Wall St indexes mixed, Treasury yields tick up as higher rates loom

By Lawrence Delevingne and Samuel Indyk (Reuters) – Wall Street indexes and global equities were mixed on Tuesday and bonds wrap..

At the home of Zara, fast and slow fashion collide

At the home of Zara, fast and slow fashion collide

By Corina Pons and Virginia Furness A CORUNA, Spain/LONDON (Reuters) – In Spain’s A Coruna, two contrasting fashion busine..

Adecco sees signs of a hiring slowdown at start of 2023

Adecco sees signs of a hiring slowdown at start of 2023

By John Revill ZURICH (Reuters) -Adecco said its hiring activity had weakened modestly at the start of 2023 after the staffing company..