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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British grocer Sainsbury’s partners with Microsoft to use AI for data insights
LONDON (Reuters) – Britain’s Sainsbury’s said on Friday it has agreed a five-year strategic partnership with Microso..
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Prosus, parent group Naspers name Fabricio Bloisi as new CEO
(Reuters) -Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chie..
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The Impact of Machine Learning on Enhancing Credit Decision Models
Machine learning is revolutionizing the way financial institutions make credit decisions, offering more accurate and efficien..
Featured
The Impact of Digitalization on Corporate Treasury Management and Operations
Digitalization has had a profound impact on corporate treasury management and operations, revolutionizing how businesses mana..
Excellence
Oil prices rise after US economic data raises rate cut expectations
By Laila Kearney NEW YORK (Reuters) -Oil futures rose on Thursday on a stabilizing U.S. job market and slower-than-expected inflation..
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Dollar rebounds on hot US import prices
NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that rai..
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German experts cut their tax revenue forecasts for 2024-28 by 1.5%
BERLIN (Reuters) -Germany’s council of tax experts cut their forecast for total tax revenue over the next five years by 1.5% on ..
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Fears of German ‘de-industrialisation’ may be overblown – for now
By Maria Martinez BERLIN (Reuters) – High energy costs, weak global demand, a disruptive shift towards net-zero economies, and ..
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Siemens misses profit forecast as industrial business struggles
By John Revill ZURICH (Reuters) – Siemens reported a drop in second-quarter earnings at its industrial business, the German eng..
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Italy cuts Eni stake, raises 1.4 billion euros
ROME (Reuters) -Italy’s Treasury sold a 2.8% stake in energy group Eni on Wednesday, pocketing around 1.4 billion euros ($1.52 b..
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Exclusive-Anglo American starts revamp with hiring freeze, document shows
SYDNEY (Reuters) -Anglo American has suspended hiring globally according to an internal memo reviewed by Reuters, as it gets plans und..
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Catering firm Compass lifts profit forecast after strong first half
(Reuters) – British catering firm Compass Group raised its 2024 profit forecast on Wednesday, after reporting first-half earning..
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AI’s use in finance may need new rules, ECB says
FRANKFURT (Reuters) – The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and pos..
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Financial Empowerment Through Technology: Tools for Underserved Communities
Financial empowerment is a crucial aspect of overall well-being, yet many underserved communities face barriers to accessing ..
Finance
Trends in Financial Cybersecurity: Defending Against Emerging Threats
As the financial industry continues to embrace digital transformation, the importance of robust cybersecurity measures cannot be over..
Technology
Navigating the future: how international trade agreements are shaping economies
In today’s interconnected world, international trade agreements play a pivotal role in shaping the economic destiny of nations..
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The rise of renewable energy: a global perspective
The shift towards renewable energy is reshaping the global landscape, driven by the urgent need for sustainable solutions in the face..
Innovation
Oil down on inflation, supply risks in Mideast, Canada lend floor
By Georgina McCartney HOUSTON (Reuters) -Oil prices fell on Tuesday, after fresh U.S. data indicated inflation remains sticky, while ..
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King Charles unveils his first portrait since coronation
King Charles unveils his first portrait since coronation (Changes media identifier to correspond with visuals) LONDON (Reuters) -Brita..
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Factbox-How hosting Euro 2024 could impact the German economy
BERLIN (Reuters) – Germany will be hoping for sporting success as host of the 2024 Euros soccer championship kicking off in a ..
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Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook
LONDON/MILAN (Reuters) – The euro has resisted falling to parity with the dollar for now, thanks to a rosier economic backdrop, ..
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Countries make late bid to salvage EU’s nature law
By Kate Abnett BRUSSELS (Reuters) – A group of 11 countries, led by Ireland, has made a last-ditch attempt to approve the EU..
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