Sneaker maker Golden Goose aims to list in Milan in June
MILAN (Reuters) – Italian luxury sneaker brand Golden Goose said on Thursday it aims to list on Milan’s Euronext in June...
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Airline SAS posts bigger Q2 loss, eyes end to restructuring
(Reuters) – Scandinavian airline SAS posted a bigger pretax loss for its fiscal second quarter compared to a year earlier and s..
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German inflation higher than expected ahead of ECB rates decision
By Rachel More BERLIN (Reuters) -German inflation rose slightly more than forecast to 2.8% in May, although economists said an increa..
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Global unemployment to slightly fall in 2024, UN labour body says
(Reuters) -The global unemployment rate is expected to fall slightly to 4.9% this year from 5.0% in 2023, even as inequalities in labo..
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Aplomado Investments & Fenton Whelan Real Estate (AFW) and GSM Middle East to launch a super-premium, British international School on Qetaifan Island North, Qatar
LONDON, 28th May, 2024: Global Schools Management (GSM), which owns over 165 schools, and educates over 45,000 students in the United ..
Finance
China’s Geely to launch hybrids with more fuel-efficient engines
SHANGHAI (Reuters) – China’s Geely Holding Group on Wednesday said it would launch a series of hybrid models in the first ..
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German consumer sentiment recovers further heading into June
BERLIN (Reuters) – German consumer sentiment improved for the fourth month in a row heading into June as the outlook brightened ..
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Uber to offer Seine cruises, day trips in Paris during Olympics rush
(Reuters) – Uber Technologies unveiled a raft of measures on Wednesday, including a tie-up to offer cruises on the Seine river ..
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BYD unveils new hybrid tech as battle with gasoline rivals heats up
SHANGHAI (Reuters) -China’s BYD launched on Tuesday the latest version of a plug-in hybrid technology that improves fuel and cos..
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Hess shareholders sign off on $53 billion sale to Chevron
HOUSTON (Reuters) -Hess shareholders on Tuesday approved the proposed $53 billion merger with Chevron that paves the way for the No. 2..
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Global equity index dips as investors await inflation prints
NEW YORK/LONDON (Reuters) -A global equities gauge fell slightly on Tuesday while U.S. indexes were a mixed bag and the benchmark Tr..
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Dollar slips ahead of data, set for first monthly drop in 2024
(Reuters) -The dollar eased against most currencies on Tuesday ahead of key U.S. and euro zone inflation data later this week that cou..
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Mosaic Data Science’s Neural Search Solution Named the Top Insight Engine of 2024 by CIO Review
In a significant acknowledgment of its pioneering efforts in the realm of insight engines, Mosaic Data Science has been recognized as..
Technology
What is OPEC+ and how does it affect oil prices?
DUBAI (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectivel..
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Oil edges higher after inflation gloom hit prices
By Robert Harvey LONDON (Reuters) – Oil prices crept higher on Friday, having been under pressure from lingering concerns that ..
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Dollar holds firm as traders trim US rate cut bets
SINGAPORE/LONDON (Reuters) – The dollar was set for its largest weekly rise in a month-and-a-half on Friday as surprisingly stro..
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Wall St rallies, Treasury yields steady ahead of holiday weekend
NEW YORK (Reuters) – Wall Street rebounded and Treasury yields paused in the wake of upbeat economic data on Friday as investors..
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UK commercial property values stabilising despite offices drag, says British Land
LONDON (Reuters) -Landlord British Land said UK commercial property values have begun to stabilise after a torrid period for real esta..
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Mosaic Data Science Named Top AI & Machine Learning Company of 2024 by CIO Review
The data science consultancy is honored to have received this recognition for the second consecutive year. Leesburg, VA – May 14, 202..
Technology
Stellantis CEO: electric vehicle tariffs are a trap
MUNICH (Reuters) -Stellantis expects a major battle with Chinese rivals in the European market for electric vehicles, warning of sig..
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Analysis-Europe stock pickers go old-school to ride the next wave in AI
By Lucy Raitano LONDON (Reuters) – European stock pickers are turning to more established sectors like utilities, professiona..
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European shares to hit pause before rising again in 2025: Reuters poll
By Danilo Masoni and Samuel Indyk MILAN (Reuters) – A record-breaking run in European shares has made them more vulnerable to p..
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Stocks stumble on inflation jitters, offsetting high Nvidia hopes
LONDON (Reuters) -Shares fell on Wednesday as stronger-than-expected inflation in Britain offset hopes that AI-heavyweight Nvidia coul..
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UK inflation pressure stays hot, dashing hopes for June rate cut
LONDON (Reuters) -Inflation in Britain eased less than expected and a key core measure of prices barely dropped, prompting investors t..
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Dollar up as traders await Fed clues; sterling rises
NEW YORK (Reuters) -The dollar rose against the euro on Wednesday as investors awaited Federal Reserve meeting minutes for insight int..
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US dollar dips vs yen after Fed’s Waller rules out rate hikes again
By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) – The U.S. dollar slipped against the yen on Tuesday i..
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Prehost.com Unveils Web Hosting Speed Insights from 17M+ Websites
The new service Prehost.com reveals the true performance of web hosting services. Using data from real user visits on over 17 million ..
Technology
Otonomos Strengthens Growth Plans with Appointment of Account Director Connor Hayes
20th May 2024 Otonomos, a Web3-focused international incorporation and entity management platform, has appointed Connor Hayes as Acco..
Business
Ransom and AI generated attacks driving cybersecurity investment according to survey by Infosecurity Europe
Infosecurity Europe, ExCeL London, 21 May 2024: Infosecurity Europe, the most influential information security event running at ExCeL ..
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Dollar firm as investors await Fed guidance
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar was firm against the euro on Monday as investors awaited further clues to help th..
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The Role of Augmented and Virtual Reality in Financial Education and Marketing
Augmented reality (AR) and virtual reality (VR) technologies have revolutionized various industries, including financial services. T..
Research Reports
European shares end lower on rate cut jitters; Richemont shines
By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed lower on Friday, as investors turned cautious following remar..
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Dollar mostly flat as market mulls inflation outlook
By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) – The dollar traded little changed against major currencies on Frida..
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Stocks inch up as timing of US rate cuts weighed; copper jumps
By Caroline Valetkevitch NEW YORK (Reuters) -World stock indexes edged higher and U.S. Treasury yields also rose on Friday as investo..
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Engie Q1 profit drops on warmer winter, steady market
PARIS (Reuters) – French energy company Engie said on Friday first-quarter earnings fell 3.2% as a warmer than usual winter depr..
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Carlos Slim’s FCC to spin off and list cement and real estate unit
MADRID (Reuters) – Mexican billionaire Carlos Slim’s Spanish unit FCC plans to spin off its cement and real estate assets ..
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GSK raises $1.5 billion from offloading Haleon stake at a discount
(Reuters) – GSK has raised 1.25 billion pounds ($1.52 billion) from selling its entire remaining stake in consumer healthcare fi..
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