Volkswagen picks firm for Xinjiang site labour audit -sources
SHANGHAI/FRANKFURT/BERLIN (Reuters) – Volkswagen has found a company to conduct a labour audit at a site in Xinjiang, China, wh..
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Poland, EU’s biggest poultry producer, reports bird flu outbreak
PARIS (Reuters) -Poland, the European Union’s largest poultry producer, has reported an outbreak of the highly contagious H5N1 ..
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EU Commission proposes measures to curb microplastic pollution from pellets
BRUSSELS (Reuters) -The European Commission proposed measures on Monday to prevent microplastic pollution from the spillage of plastic..
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The year of the employee and the Great Return?
By Colin Redbond, SVP Product Strategy, SS&C Blue Prism The past few years have seen a rise in dissatisfaction among the global ..
Companies
What are three ways banks make money?
In the intricate landscape of financial institutions, understanding how banks generate revenue is pivotal to unveiling their p..
Finance
What is the difference between earned income, passive income, and investment income?
In the realm of personal finance, the distinction between earned income, passive income, and investment income forms a foundational un..
Finance
Global smartphone market slumps to lowest Q3 level in decade – Counterpoint
(Reuters) – The global smartphone market contracted by 8% to its lowest third-quarter level in a decade on subdued demand for ma..
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Britain pulls rules aimed at applying lessons from Carillion, BHS, collapses
By Huw Jones LONDON (Reuters) – Britain on Monday unexpectedly scrapped “burdensome” draft rules is has already put..
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Dollar gains against yen, eases against euro
NEW YORK (Reuters) – The dollar was mixed on Monday before a week heavy with speeches by Federal Reserve officials that will be ..
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Pfizer’s foggy COVID outlook hits vaccine maker shares
(Reuters) -Pfizer on Monday set off a fresh round of concern about the size of the COVID-19 vaccine and treatment market in the long t..
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Italy unveils tax-cutting 2024 budget amid debt worries
ROME (Reuters) -Italy’s government on Monday approved a budget for next year with measures worth around 24 billion euros ($25.3 ..
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Bank of England considers changes to regulation of foreign bank branches
By Huw Jones LONDON (Reuters) -The Bank of England said on Monday it was thinking about possible changes to how it regulates branches..
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Oil fall below $90 a barrel on report of US-Venezuela deal
HOUSTON (Reuters) -Oil futures fell on Monday on a report the U.S. and Venezuela could soon reach a deal to ease sanctions on Venezuel..
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As global debt worries mount, is another crisis brewing?
LONDON (Reuters) – Record debts, high interest rates, the costs of climate change, health and pension spending as populations ag..
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Wall Street rallies, Treasury yields rise as high profile earnings loom
By Stephen Culp NEW YORK (Reuters) – Wall Street rebounded from Friday’s selloff and benchmark Treasury yields rose as in..
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Tesla earnings: investors watching margins, deliveries, self-driving
(Reuters) – Tesla’s margins are likely to drop in the third quarter and take a bigger hit in the last three months of 2023..
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BioNTech warns of write-off of up to 900 million euros on COVID vaccine
By Ludwig Burger BERLIN (Reuters) – Shares in Germany’s BioNTech fell on Monday after it flagged write-downs of up to 900..
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Bayer to introduce its direct-seeded rice system in the Philippines
MANILA (Reuters) – Bayer AG said on Monday it plans to bring its direct-seeded rice programme to the Philippines in 2024, offeri..
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Polish stocks rise in first session after parliamentary election
GDANSK (Reuters) – Polish stocks rallied on Monday after the ruling nationalists looked to have fallen short of a parliamentary ..
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Atos Chairman Meunier steps down amid shareholders’ uproar
(Reuters) – Atos Chairman Bertrand Meunier has stepped down, the French IT consulting group said on Monday, following an uproar ..
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Dollar buoyed by safe-haven bids, rate jitters
By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Monday in cautious trade as tensions in the Middle East es..
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Artificial heart maker Carmat completes 7 million euro capital increase
PARIS (Reuters) – Artificial heart maker Carmat, whose financial situation has been under pressure, said on Monday that it had ..
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KKR prepares binding bid for Telecom Itali a’s grid as deadline looms
By Elvira Pollina MILAN (Reuters) – U.S. fund KKR is preparing to submit a multibillion euro bid for Telecom Italia’s (TI..
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Dollar softens slightly, yen in touching distance of 150
LONDON (Reuters) – The U.S. dollar edged lower on Friday after its biggest daily increase since March the day before, as hot U.S..
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Porsche: deliveries up in every region but China in first 9 months of 2023
BERLIN (Reuters) – Porsche said on Friday that deliveries worldwide for the first nine months of 2023 were up 10% on the year, ..
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Map maker TomTom’s Q3 loss narrows boosted by car branch growth
(Reuters) -Digital mapping specialist TomTom on Friday reported a smaller than expected operating loss for the third quarter, driven b..
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Guarding Against Financial Fraud in Your Hiring Process
By Susie Thomson, Co-founder, Security Watchdog (SW) Is the challenging economic climate leading to more financial fraud..
Finance
Singapore Q3 GDP up 0.7% y/y
SINGAPORE (Reuters) – Singapore’s economy grew faster than expected in the third quarter, preliminary government data show..
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EU opens probe into X in test of new tech rules, pressure on TikTok, Meta
BRUSSELS/DALLAS (Reuters) -EU industry chief Thierry Breton on Thursday opened an investigation into Elon Musk’s X, the first un..
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Ericsson books $3 billion impairment, says Q3 core profit fell 39%
STOCKHOLM (Reuters) -Ericsson on Wednesday announced a 32 billion Swedish crown ($2.9 billion) impairment charge related to its acquis..
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Best paying professions
In today’s competitive job market, finding a profession that not only aligns with your passion but also offers a lucrative payc..
Companies
Travis Perkins shares sink as weak housing market prompts profit warning
LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building materials, downgraded its annual profit forecast by as ..
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Asia stocks hit 2-week high as Fed talk turns dovish
SINGAPORE (Reuters) – Asia’s stockmarkets rose on Wednesday and the dollar beat a retreat as a dovish shift in tone from F..
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Euribor revamp aims to attract wider pool of banks
LONDON (Reuters) – Administrators of the Euribor bank-to-bank lending rate are proposing a revamp of the borrowing benchmark fro..
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HP forecasts 2024 profit in line with estimates, boosts annual dividend
(Reuters) -HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, reflecting s..
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Exclusive-EU push for Big Tech to fund 5G rollout shelved to 2025, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Europe’s telecoms operators pushing for Big Tech to help pay for the rollout of 5G and broa..
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Court OKs Mallinckrodt restructuring, $1 billion cut to opioid settlement
(Reuters) -Drugmaker Mallinckrodt on Tuesday won court approval for a bankruptcy plan that cuts $1 billion from what it must pay opioi..
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