German GDP contracted by 0.4% in the fourth quarter
BERLIN (Reuters) -The German economy contracted at the end of the year, as inflation and the energy crisis took their toll on househol..
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Oil gains as Russian supply cuts temper concerns over rate hikes, high stocks
By Andrew Hayley BEIJING (Reuters) -Oil prices extended gains for a second session on Friday as the prospect of lower exports from Rus..
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IAG agrees to buy 80% stake in Air Europa for 400 million euros
By Charlie Devereux MADRID (Reuters) -Iberia-owner International Airlines Group has agreed to pay 400 million euros ($423.84 million) ..
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Netflix cuts prices in some countries to boost subscriptions, shares drop
(Reuters) -Netflix Inc said on Thursday it has cut prices of its subscription plans in some countries as the streaming giant looks to ..
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Check Point Software Launches Infinity Spark to Protect Small and Medium Businesses with Consolidated, Enterprise Grade Security and Connectivity to Boost Employee Productivity
Check Point Infinity Spark delivers industry-leading threat prevention across networks, email, office, endpoint, and mobile dev..
Business
Open systems redefines MDR market with launch of Ontinue
Ontinue is the Only MXDR Provider that Delivers Nonstop SecOps for Faster Detection and Response and More Proactive Threat Prot..
Technology
Cueros Vélez Optimizes Logistic Operations with Infor WMS
Retail and fashion company in Latin America increases productivity 150% in classification and height picking operations Infor®,..
Business
AI-created images lose U.S. copyrights in test for new technology
By Blake Brittain (Reuters) -Images in a graphic novel that were created using the artificial-intelligence system Midjourney should no..
Headlines
Hikma accuses Amarin of suppressing generic versions of heart pill
By Brendan Pierson (Reuters) – Generic drugmaker Hikma Pharmaceuticals USA Inc has sued Amarin Pharma Inc, accusing it of using ..
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ITA Airways averts strike after wage increase accord with unions
ROME (Reuters) – Italian carrier ITA Airways reached a wage accord with unions on Wednesday, averting the threat of the first st..
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Okta’s 2023 “Businesses at Work” Report: EMEA prioritises travel, collaboration and security applications
TravelPerk was the fastest growing app in EMEA with a 255% YoY increase in customers, followed by Grammarly. The app posted 51..
Business
UK economy’s unexpected bounce spurs more BoE rate hike talk
By Andy Bruce LONDON (Reuters) -Britain looks on course to sidestep a long recession after a survey showed a surprise return to growth..
Headlines
Mahalo Banking becomes first in industry to offer comprehensive neurodiversity functionality to credit unions in reimagined platform
Digital banking provider unveils new credit union platform designed to expand and enhance member-experience Mahalo Banking a CU..
Finance
Cricket-England’s absence robs WTC final of ‘Bazball’ buzz
By Amlan Chakraborty NEW DELHI (Reuters) – This year’s World Test Championship (WTC) final will again be a party without h..
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Jaguar Land Rover opens three European self-driving tech hubs
By Nick Carey LONDON (Reuters) – Luxury carmaker Jaguar Land Rover said on Tuesday it is opening three new engineering hubs in E..
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Post-Brexit insurance reform clear before December, says BoE’s Woods
By Huw Jones LONDON (Reuters) -The Bank of England sought on Monday to allay fears among insurers that it was dragging its feet over a..
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Britain facing tomatoes shortage after overseas harvests disrupted
LONDON (Reuters) – Britons are facing a shortage of tomatoes after supermarket supplies, including at market leader Tesco and No..
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Dollar edges down from six-week peak, Swedish crown jumps
By Samuel Indyk LONDON (Reuters) – The dollar edged lower on Monday but kept close to Friday’s six-week high, after a flur..
Finance
Britain’s post-Brexit asset management revamp eyes liquidity, tokenisation
By Huw Jones LONDON (Reuters) -Britain set out plans on Monday for a post-Brexit review of its rules for the 11 trillion pound ($13.2 ..
Headlines
Shares steady, dollar dips as US holiday lifts rates gloom
By Amanda Cooper LONDON (Reuters) -Global shares inched up on Monday as a U.S. holiday tempered volatility ahead of minutes of the lat..
Finance
Scottish finance minister Kate Forbes to run for country’s leadership
LONDON (Reuters) -Scottish finance minister Kate Forbes said on Monday she would run in the leadership contest to replace Nicola Sturg..
Headlines
Analysis-To raise prices or not? Consumer goods makers weigh bets on buyer strength
By Jessica DiNapoli (Reuters) – Prices of everyday basics like Bounty paper towels and Cadbury chocolate may rise again this yea..
Headlines
Galois Capital flagship fund to close after FTX losses
By Nell Mackenzie and Elizabeth Howcroft LONDON (Reuters) -Galois Capital hedge fund founder Kevin Zhou said on Monday his flagship fu..
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Ericsson to cut 1,400 jobs in Sweden
STOCKHOLM (Reuters) -Telecoms gear maker Ericsson plans to cut about 1,400 jobs in Sweden as part of a broader plan to reduce costs gl..
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Turkey clears away rubble from earthquake, rescue efforts wind down
By Henriette Chacar and Ali Kucukgocmen ANTAKYA, Turkey (Reuters) – Turkey stepped up work to clear away rubble from collapsed b..
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Novartis names Firmenich CEO as chairman designate of Sandoz
ZURICH (Reuters) – Novartis on Monday announced the appointment of Gilbert Ghostine as chairman-designate of Sandoz, the generic..
Headlines
Asia shares creep higher, wary on Fed and BOJ outlooks
By Wayne Cole SYDNEY (Reuters) – Asian shares edged up on Monday as a U.S. holiday made for slow trading ahead of minutes of the..
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Aussie supermarkets set to capitalise on high inflation, but softer demand ahead
By Harshita Swaminathan (Reuters) – Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-hig..
Headlines
Dollar buoyant as robust U.S. data keep Fed hawks in control
By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Monday, supported by a strong run of economic data out of t..
Headlines
Shares fall with oil prices amid concerns about U.S. Fed rate hikes
By Sinéad Carew NEW YORK (Reuters) – Stock markets around the globe fell on Friday and oil prices settled lower after U.S. econo..
Finance
Hawkish ECB comments push up rate-hike expectations
By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to ris..
Finance
Exclusive-Microsoft’s Bing plans AI ads in early pitch to advertisers
By Sheila Dang (Reuters) – Microsoft has started discussing with ad agencies how it plans to make money from its revamped Bing s..
Business
G20 watchdog homes in on decentralised finance after FTX crash
By Huw Jones LONDON (Reuters) – The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle &..
Headlines
Mercedes-Benz to buy back up to 4 billion euros in shares by 2025
BERLIN (Reuters) -Mercedes Benz said on Thursday it plans to buy back up to 4 billion euros ($4.28 billion) of its shares over two yea..
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Gucci banks on private ‘salons’ for the ultra-rich to revive sales
By Mimosa Spencer PARIS (Reuters) – Gucci is banking on new ultra-high-end “salons” offering merchandise priced at u..
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Ubisoft vows to get back to operating margin above 20% in medium term
By Enrico Sciacovelli (Reuters) -French video game producer Ubisoft said it would reach operating margin above 20% in the medium term,..
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Dollar advances as strong U.S. data backs higher rates backdrop
By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies on..
Finance