Shell weakens climate targets with growing bet on gas
By Ron Bousso LONDON (Reuters) – Shell weakened a 2030 carbon reduction target and scrapped a “perilous” 2035 objec..
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Oil prices rise as revised IEA forecasts suggest tighter market
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Thursday as the International Energy Agency’s predicted a tighter ..
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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
By Jonathan Cable LONDON (Reuters) – The Bank of England will start cutting borrowing costs in the third quarter although 40% o..
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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” f..
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EU parliament to extend new medicine data protection to 7.5 years, document says
By Julia Payne BRUSSELS (Reuters) – EU lawmakers have gone part of the way to meeting pharmaceutical industry concerns about th..
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Stocks flat, US yields edge higher ahead of data
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks was little changed on Wednesday, pausing after equities in E..
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Exclusive-Olympics-Paris has a lot to gain from hosting the Games, says mayor
By Julien Pretot and Elizabeth Pineau PARIS (Reuters) – The 2024 Olympics have allowed Paris and its region to speed up plans t..
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Europe one step away from landmark AI rules after lawmakers’ vote
STRASBOURG (Reuters) -Europe moved closer to adopting the world’s first artificial intelligence rules on Wednesday as EU lawmake..
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Adidas posts first loss in 30 years but sticks to dividend
HERZOGENAURACH, Germany (Reuters) – German sportswear giant Adidas posted its first loss in more than 30 years in 2023 on Wednes..
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UK economy may be turning from headwind into tailwind for sterling
LONDON (Reuters) – UK wage data did its best to pull sterling down from a seven-month peak on Tuesday but the economy is showing..
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UK economy may be turning from headwind into tailwind for sterling
LONDON (Reuters) – UK wage data did its best to pull sterling down from a seven-month peak on Tuesday but the economy is showing..
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Global corporate dividends hit record $1.66 trillion in 2023
LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record payouts by banks mak..
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Mango adapts as climate change makes fashion less seasonal
MADRID (Reuters) – Spanish retailer Mango is honing in on adaptable clothing to help customers adjust to wild swings in temperat..
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Arm’s shares rise as Wall Street eyes IPO lock-up expiration
By Chibuike Oguh NEW YORK (Reuters) -Shares of Arm Holdings, the British chip designer backed by Softbank Group, gained 2.1% to $129...
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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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UK electric vehicle delivery company Packfleet raises $10 million in funding
LONDON (Reuters) – UK package delivery startup Packfleet, which runs an all-electric fleet of vans in London, has raised $10 mil..
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Column-Black Sea grain exports beating early market ideas by substantial degree -Braun
By Karen Braun NAPERVILLE, Illinois (Reuters) – Ukraine, particularly in the last few months, has been exporting much more grai..
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Understanding the Role of Financial Technology in Trade Finance
In recent years, the realm of finance has undergone a significant transformation with the advent of financial technology, commonly kn..
Finance
Stocks decline from record highs with US inflation data eyed
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was lower for a second straight session on Monday, retreating furth..
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Vinyl revival rocks Britain’s inflation basket
By David Milliken LONDON (Reuters) – Vinyl records will re-enter Britain’s inflation charts for the first time in 32 year..
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Reddit targets up to $6.4 billion valuation in much-awaited US IPO
By Niket Nishant, Manya Saini and Echo Wang (Reuters) -Reddit is aiming for a valuation of up to $6.4 billion in its U.S. initial pub..
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Analysis-AI talent war heats up in Europe
By Martin Coulter LONDON (Reuters) – An influx of artificial intelligence (AI) startups is heating up the battle for technical ..
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Understanding the Basics of Trade Finance Instruments
In the dynamic world of international trade, businesses often encounter various financial complexities. To navigate these challenges ..
Finance
Gold marches higher as US jobs data boosts bets of early rate cut
By Anjana Anil (Reuters) – Gold prices surged to a fresh record high on Friday as data showing a rise in the U.S. unemployment ..
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Bitcoin rises after rapid climb to new record
By Amanda Cooper and Rae Wee LONDON/SINGAPORE (Reuters) -Bitcoin rallied again on Wednesday in volatile trade, while ether jumped alm..
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Explainer-Olympics-How France plans to use AI to keep Paris 2024 safe
By Juliette Jabkhiro and Julien Pretot PARIS (Reuters) – France tested Artificial Intelligence-driven video surveillance techno..
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Chaser launches integration with Oracle Netsuite® Software to automate invoice chasing and reduce late payments
LONDON, 7 March 2024 – Chaser, the global credit control automation platform and service provider, today announced its integrat..
Technology
Stocks at record highs as US data leaves June Fed cut bet intact
By Alden Bentley and Huw Jones NEW YORK/LONDON (Reuters) -Investors stretched record-breaking stock rallies on Friday and favored U.S..
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The Evolution of High-Frequency Trading with AI and Quantum Computing
In the fast-paced world of finance, high-frequency trading (HFT) has become a dominant force, leveraging advanced technologies to ex..
Trading
In new disclosure, LinkedIn says premium subscriptions bring in $1.7 billion
By Stephen Nellis (Reuters) -LinkedIn on Thursday for the first time disclosed sales for its premium subscription business, saying th..
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In new disclosure, LinkedIn says premium subscriptions bring in $1.7 billion
By Stephen Nellis (Reuters) -LinkedIn on Thursday for the first time disclosed sales for its premium subscription business, saying th..
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Strikes hobble German railways, airports as disputes mount
By Andi Kranz and Stephane Nitschke COLOGNE, Germany (Reuters) – Germany faced strikes on several fronts on Thursday, as train ..
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Strikes hobble German railways, airports as disputes mount
By Andi Kranz and Stephane Nitschke COLOGNE, Germany (Reuters) – Germany faced strikes on several fronts on Thursday, as train ..
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