Starburst Closes Record FY25, Fueled by Rising AI Demand and Growing Enterprise Momentum
BOSTON, MA - February 20, 2025 - Starburst, the data platform for apps and AI, announced a record FY25 close, driven by strong demand f..
Technology
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Andrew Lawrence Greystoke, Pantheon International Advisors Ltd. Director, Looks Back On The Impact Of Mentorship And Learning
In the modern age, no subject matter expert or industry-defining professional makes it to the heights of their success alone. Regardless of industry, ..
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Ant International appoints Chief Innovation Officer to Spearhead AI-Driven Digitalisation Strategy with new Product, Technology and Innovation Framework
Jiang-Ming Yang will be responsible for driving investments in and synergy between product and technology teamsA new CIO Organisation will be created ..
News
Strides Pharma Consolidates European Business-to-Business Operations in Switzerland
· Market proximity of Strides Pharma International AG, based in Zug, Switzerland, opens the way for rapid ..
Business
SMURFIT KAPPA AWARDED MAJOR CONTRACT FROM IRISH GOVERNMENT AGENCY
Following a competitive tender, the Office of the Revenue Commissioners, the Irish Government agency responsible for customs, excise, ..
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European shares fall as healthcare, financials weigh
(Reuters) – European shares slipped on Tuesday, pulling back after robust gains in the last session, as falling healthcare and f..
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Morning Bid: Inflation runs hot in the euro zone
A look at the day ahead in European and global markets from Vidya Ranganathan If the latest inflation data from Germany and Spain is a..
Research Reports
Oil prices ease on weak economic data from US and Germany
By Scott DiSavino NEW YORK (Reuters) – Oil prices eased about 1% in volatile trade on Monday following some weak economic news f..
Finance
UK new car sales rise in 2024 but miss EV target, industry data shows
(Reuters) -New car registrations in the UK rose in 2024, industry data showed on Monday, ending a challenging year for the countryR..
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Spain’s December services activity grows at fastest pace in 20 months, PMI shows
MADRID (Reuters) – Spain’s service sector expanded in December at its fastest pace since April 2023, driven by a sharp ris..
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UK firms lost momentum and cut staff after budget, surveys show
(Reuters) -British business activity growth slowed to a crawl in December and employers cut staffing at the fastest rate in almost fou..
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Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
By Noriyuki Hirata, Yuka Obayashi and Katya Golubkova TOKYO (Reuters) -Japan’s Nippon Steel may need to look at a revamp of its ..
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Sterling perks up from eight-month low as dollar slips
LONDON (Reuters) – The pound firmed on Monday, rising from an eight-month low touched last Thursday, as investors reversed some ..
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UK’s FTSE 100 lags European peers as Rolls-Royce, Unilever weigh
(Reuters) – UK’s FTSE 100 inched down on Monday as rating downgrades on index heavyweights Rolls-Royce and Unilever weighe..
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Stocks nudge up in choppy trade as political uncertainty reigns
SYDNEY/LONDON (Reuters) -Global stocks edged up on Monday ahead of a week crammed with U.S. economic data that will be pivotal in sett..
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US plans more sanctions on tankers carrying Russian oil, sources say
WASHINGTON/NEW DELHI (Reuters) – The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taki..
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Canada PM Trudeau is likely to announce resignation, source says
OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau is increasingly likely to announce he intends to step down, though he has not..
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Dollar rally pauses; yuan slides to 16-month low
By Rae Wee SINGAPORE (Reuters) -The dollar eased on Monday but held close to a two-year peak, as traders awaited a raft of U.S. econom..
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UBS investigates undisclosed Nazi-linked accounts at Credit Suisse
By Gnaneshwar Rajan and Surbhi Misra (Reuters) – Swiss bank UBS is working with an independent ombudsman to shed light on Nazi-l..
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Global equity fund inflows drop on higher US bond yields
(Reuters) – Demand for global equity funds shrank in the week through Jan. 1, as higher U.S. Treasury yields led to caution and ..
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Polish power-grid operator plans $15.4-billion investment by 2034
WARSAW (Reuters) – Polish power-grid operator PSE said on Thursday its transmission network development plan for 2025-2034 a..
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Tullow Oil jumps after being exempt from $320 million tax
(Reuters) – Shares of Tullow Oil jumped over 14% on Friday after the West Africa-focused company was exempted from a $320 mi..
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German unemployment rises less than expected in December, labour office says
By Maria Martinez BERLIN (Reuters) -The number of people out of work in Germany rose less than expected in December, federal labour of..
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Tesla’s China sales rise to record high in 2024, bucking global decline
BEIJING (Reuters) -U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 ca..
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UK lawmakers summon Shein and Temu for questioning over labour practices
By Helen Reid and James Davey LONDON (Reuters) – Fast-fashion online retailer Shein, which is hoping to list in London, faces a ..
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Trouble in China’s shopping paradise as Hainan duty-free spending tumbles
BEIJING (Reuters) -Duty-free spending slumped 29.3% last year in China’s island province of Hainan, where global luxury players ..
News
Morning Bid: As stocks waver, dollar remains the surest bet
While stock markets shrugged off the dim start to 2025, the higher-for-longer U.S. rates theme has left the dollar’s dominance i..
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World food price index eases in Dec, pushed lower by sugar
ROME (Reuters) – The United Nations’ world food price index dipped in December against November levels, led lower by a dro..
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China will sharply increase funding from treasury bonds to spur growth in 2025
BEIJING (Reuters) – China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment a..
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Asian stocks rise, dollar at two-year high as US rates, Trump in focus
SINGAPORE (Reuters) – Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was perc..
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Dollar headed for best week since November on US rates, economic outlook
SINGAPORE (Reuters) – The dollar was on track for its best weekly performance in over a month on Friday, underpinned by expe..
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Stocks end strong year with a whimper as yields apply pressure
NEW YORK (Reuters) -Global stocks declined on Tuesday as elevated U.S. Treasury yields again contributed to a lackluster close in an o..
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BMW, Yamaha Motor back US rare earths startup Phoenix Tailings
(Reuters) – BMW and Yamaha Motor have invested in U.S.-based rare earths processing startup Phoenix Tailings, the latest mov..
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Macron acknowledges error on early elections in New Year’s speech
PARIS (Reuters) -French President Emmanuel Macron said on Tuesday he recognised that his decision to call early parliamentary election..
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Swiss central bank faces call to hold bitcoin in reserves
ZURICH (Reuters) – A proposal to oblige the Swiss National Bank (SNB) to hold bitcoin was set in motion in an initiative pub..
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Britain’s energy price cap to rise 3% in April, Cornwall Insight says
LONDON (Reuters) – Britain’s domestic energy price cap is expected to rise a further 3% in April, with geopolitical instab..
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UK approves Merck’s therapy for rare lung condition
(Reuters) – UK’s Medicines and Healthcare products Regulatory Agency (MHRA) said on Tuesday it had approved Merck’s ..
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