AstraZeneca bets on new cancer treatments with $2 billion Fusion Pharma purchase
(Reuters) -AstraZeneca said on Tuesday it will buy clinical-stage biopharmaceutical company Fusion Pharmaceuticals Inc for about $2 bi..
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Cryptoverse: AI tokens outpace record-breaking bitcoin
(Reuters) – The artificial intelligence boom has hit the crypto market with a bang. Coins linked to AI-focused crypto projects h..
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European patent applications hit record high in 2023
(Reuters) – The European Patent Office (EPA) received a record number of patent applications last year, with the biggest share o..
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UK royal Kate shown in first video since surgery, Sun says
LONDON (Reuters) – Kate, Britain’s Princess of Wales, has been shown looking fit and healthy in the first video taken of h..
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World shares cheer China data, as central banks line up
NEW YORK/LONDON (Reuters) -Global stocks rose on Monday while Treasury yields crept higher ahead of this week’s raft of central ..
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Telegram secures $330 million in bond sales
(Reuters) – Popular messaging platform Telegram raised $330 million through bond sales last week, founder and CEO Pavel Durov sa..
Business
How ai and machine learning are revolutionizing financial audits
Financial audits are pivotal processes that ensure the accuracy, transparency, and integrity of financial statements. Traditionally, a..
Innovation
Dirty gold can still slip into London market, rights groups say
LONDON (Reuters) – The London Bullion Market Association (LBMA), which sets standards for the world’s most established gold ma..
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World shares cheer China data, as central banks line up
NEW YORK/LONDON (Reuters) – Global stocks jumped on Monday while Treasury yields crept higher as investors looked ahead to a raf..
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China sets higher bar for consumer finance companies
BEIJING (Reuters) -China has changed the rules for consumer finance firms for the first time in a decade, setting a higher bar for no..
Finance
AstraZeneca follows rival Boehringer in capping out-of-pocket costs for inhalers
(Reuters) – Drugmaker AstraZeneca said on Monday it would cap out-of-pocket costs for its inhaled respiratory products at $35 pe..
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New Banksy mural depicting tree foliage appears in north London
LONDON (Reuters) – A new artwork by British street artist Banksy has appeared in London, using green paint sprayed across the si..
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Dollar dips, yen steady as BOJ policy shift beckons
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar was little changed on Monday ahead of a slew of central ban..
Finance
The importance of a business mentor for entrepreneurs
In the dynamic and competitive world of entrepreneurship, navigating the challenges and uncertainties can be overwhelming for even the..
Business
Digital age luxury branding: trends and strategies
In the rapidly evolving landscape of the digital age, luxury branding faces unprecedented challenges and opportunities. This comprehe..
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Stock rally pauses as US inflation douses rate cut hopes
By Naomi Rovnick and Kevin Buckland LONDON TOKYO, LONDON (Reuters) – Global stocks were set to end the week on a tepid note, fo..
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Vonovia shares drop as $7 billion loss lays bare German property crisis
FRANKFURT (Reuters) -Shares in Vonovia dropped 6% on Friday after Germany’s largest landlord reported its biggest loss ever for ..
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Nissan and Honda consider partnership on EVs, AI
TOKYO (Reuters) -Nissan Motor and Honda Motor are considering a strategic partnership to collaborate on producing key components for e..
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Shell weakens climate targets with growing bet on gas
LONDON (Reuters) – Shell weakened a 2030 carbon reduction target and scrapped a “perilous” 2035 objective, citing ex..
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Oil prices rise as revised IEA forecasts suggest tighter market
HOUSTON (Reuters) -Oil prices rose on Thursday as the International Energy Agency’s predicted a tighter market in 2024 and rai..
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Dollar ticks up before US data, bitcoin hits record high
By Harry Robertson LONDON (Reuters) -The dollar inched higher on Thursday as investors waited for U.S. economic data, while bitcoin r..
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Bank of England to start cutting in Q3 but strong chance of Q2 move: Reuters poll
LONDON (Reuters) – The Bank of England will start cutting borrowing costs in the third quarter although 40% of economists saw an..
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Rheinmetall hails ‘new decade’ as defence spending drives up sales
By Rachel More BERLIN (Reuters) -German arms manufacturer Rheinmetall said on Thursday it expected record sales and increased profita..
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UBS’s rescue of Credit Suisse has created new risks for Switzerland, OECD says
ZURICH (Reuters) – UBS’s rescue takeover of Credit Suisse a year ago has created “new risks and challenges” fo..
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EU parliament to extend new medicine data protection to 7.5 years, document says
BRUSSELS (Reuters) – EU lawmakers have gone part of the way to meeting pharmaceutical industry concerns about the exclusivity pe..
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Stocks flat, US yields edge higher ahead of data
NEW YORK (Reuters) – A gauge of global stocks was little changed on Wednesday, pausing after equities in Europe and the U.S. hit..
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Exclusive-Olympics-Paris has a lot to gain from hosting the Games, says mayor
PARIS (Reuters) – The 2024 Olympics have allowed Paris and its region to speed up plans to extend their public transport network..
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Europe one step away from landmark AI rules after lawmakers’ vote
By Foo Yun Chee STRASBOURG (Reuters) -Europe moved closer to adopting the world’s first artificial intelligence rules on Wednes..
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Adidas posts first loss in 30 years but sticks to dividend
By Helen Reid HERZOGENAURACH, Germany (Reuters) – German sportswear giant Adidas posted its first loss in more than 30 years in..
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UK economy may be turning from headwind into tailwind for sterling
By Harry Robertson LONDON (Reuters) – UK wage data did its best to pull sterling down from a seven-month peak on Tuesday but th..
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Global corporate dividends hit record $1.66 trillion in 2023
By Lucy Raitano LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record pay..
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Mango adapts as climate change makes fashion less seasonal
By Corina Pons MADRID (Reuters) – Spanish retailer Mango is honing in on adaptable clothing to help customers adjust to wild sw..
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1 In 3 worried about keeping up with mortgage payments in 2024
Tuesday 13 February 2024 Recent findings from The Clifton Private Finance Mortgage Pulse Report 2024 shed light on the UK population&..
Finance
Arm’s shares rise as Wall Street eyes IPO lock-up expiration
NEW YORK (Reuters) -Shares of Arm Holdings, the British chip designer backed by Softbank Group, gained 2.1% to $129.50 on Tuesday as m..
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Inverted yield curve no longer reliable recession flag, strategists say: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – A key indicator of an oncoming recession implied by the U.S. bond market is no longer ..
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Explainer-What the EU’s $149 billion boost means for Poland
By Karol Badohal and Jan Strupczewski WARSAW/BRUSSELS (Reuters) – Polish Prime Minister Donald Tusk has secured the release of ..
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Leonardo to boost cybersecurity, space and AI in 5-year plan
By Giulia Segreti ROME (Reuters) -Italy’s Leonardo will invest in digitalisation, artificial intelligence and interconnected pl..
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