Managers who can multi-task are key to cooperation between rival firms
For rival companies to successfully cooperate in the name of innovation, they need “ambidextrous” managers who can make the most of th..
Business
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Dutch telecom KPN locks in 2023 targets helped by cost controls
(Reuters) -Dutch telecoms company KPN NV aims to slightly improve its core profit this year, it confirmed on Tuesday, supported by cos..
Headlines
Athletics-Farah returns for London Marathon before likely 2023 retirement
(Reuters) -Britain’s four-times Olympic champion Mo Farah said on Tuesday he expects 2023 to be the final year of his career, af..
Headlines
Philips to cut 13% of jobs in safety and profitability drive
By Bart H. Meijer AMSTERDAM (Reuters) -Dutch health technology company Philips will scrap another 6,000 jobs worldwide as it tries to ..
Headlines
How to trade through an economic storm
By Marc Despallieres, Chief Strategy & Trading Officer at Vantage Markets 50 years down the line, if you were to look up ..
Economy
Opening your business to external investment can increase its value by 6.5%
Opening a company to external investment can increase its value by 6.5%, new research from Vlerick Business School has found. ..
Business
SquareMeal announces the top 100 restaurants in the UK for 2023
The UK’s leading independent restaurant guide – SquareMeal – has announced the best restaurants that the UK has to offer. ..
Business
Nissan and Renault agree to overhaul alliance, this time as equals
By Maki Shiraki and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan Motor Co and Renault SA agreed on Monday to a sweeping remake of th..
Headlines
Hong Kong home prices drop 15.6% in 2022, snap 13 years of gain
(Reuters) – Private home prices in Hong Kong, one of the most unaffordable territories in the world, fell 15.6% in 2022 in the f..
Headlines
Visa revenue growth slows more as tough economy sobers spending
By Mehnaz Yasmin (Reuters) -Visa Inc’s revenue growth continued to wind back to pre-pandemic levels in the first quarter as the ..
Headlines
FDA advisers back the same COVID vaccine for initial shots, boosters
By Michael Erman and Leroy Leo (Reuters) -Advisers to the U.S. Food and Drug Administration on Thursday unanimously voted in favor of ..
Headlines
Stocks, dollar gain on soft landing hopes
By Herbert Lash NEW YORK (Reuters) -Global stock markets rallied and the dollar strengthened on Thursday after a slew of data showed a..
Headlines
Ciphr names Sion Lewis as new CEO
SaaS HR provider Ciphr has appointed Sion Lewis as its new CEO. He joins the Marlow-based, ECI-backed group effective from 1 F..
Business
Stocks, dollar gain on resilient U.S. economy
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – A gauge of global stock performance rose and the dollar strengthened o..
Finance
Bank of England set to hike to 4% as rate peak looms
By David Milliken LONDON (Reuters) – The Bank of England looks on course to raise its main interest rate by half a percentage po..
Finance
Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicle..
Finance
UK income inequality widens after pandemic dip
By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021/22 financial year after a d..
Finance
Global 2023 economic view downgraded, at odds with market optimism: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Global economic growth is forecast to barely clear 2% this year, according to a Reuters pol..
Finance
UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period
(Reuters) – UK’s J D Wetherspoon reported a 13.1% rise in like-for-like sales for the 25 weeks to Jan. 22 on Wednesday, as..
Headlines
Asian stocks make 7-month highs, Australian dollar gains on hot inflation
By Anshuman Daga SINGAPORE (Reuters) -Asian equities scaled their highest levels in seven months on Wednesday after some regional mark..
Headlines
Global economy seen facing a challenging year -Eurochambres
BERLIN (Reuters) – The international business community expects a challenging 2023 marked by geopolitical tensions, high inflati..
Headlines
Ford to make call on Europe job cuts by mid-Feb as buyers circle German site
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Ford will decide by mid-February how many jobs to cut in Europe a German u..
Headlines
Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show
By Tom Wilson and Angus Berwick LONDON (Reuters) -Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digit..
Headlines
Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership
By Elisa Anzolin VENICE, Italy (Reuters) – Italian fashion group Prada is hiring former Luxottica chief Andrea Guerra to smooth ..
Headlines
Sweden to upgrade Berzelius supercomputer with Nvidia AI systems
STOCKHOLM (Reuters) – Sweden will upgrade its Berzelius supercomputer using Nvidia’s latest artificial intelligence (AI) s..
Headlines
Cryptoverse: Bitcoin investors take control
(Corrects paragraph 8 to show big investors were responsible for about 68% of the flows) By Lisa Pauline Mattackal and Medha Singh (Re..
Finance
Bank funding for renewables stagnates vs oil and gas – report
LONDON (Reuters) – The share of bank finance going to renewable energy rather than fossil fuels has little changed in six years,..
Headlines
Digital euro will be free but limited in scope, ECB says
FRANKFURT (Reuters) – The digital version of the euro currency will be free to use and available to all but the European Central..
Finance
Stocks, euro gain amid divergent Fed, ECB rate hike outlooks
By Herbert Lash NEW YORK (Reuters) -Global equity markets surged on Monday as easing recession fears and hopes of a less aggressive Fe..
Finance
EU’s planned reforms aim to better protect power bills from market swings
By Kate Abnett BRUSSELS (Reuters) – European Union proposals to overhaul its electricity market will attempt to better protect c..
Headlines
Analysis-ECB seen struggling to keep market on side after mixed messages
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s policy signals don’t seem t..
Headlines
Activist investor Elliott Management takes stake in Salesforce -sources
(Reuters) -Activist investor Elliott Management Corp has made a multi-billion dollar investment in cloud-based software firm Salesforc..
Headlines
New suppliers race to plug in to electric car market
By Nick Carey and Paul Lienert WOKING, England (Reuters) – The global auto industry has committed $1.2 trillion to developing el..
Headlines
Calabrio Appoints Kevin M. Jones as CEO to Lead the Company in its Next Stage of Growth
Minneapolis, MN – Calabrio, the workforce performance company, is pleased to announce the appointment of Kevin Jones as CEO. Kev..
Business
ONS Labour Market: Employers mustn’t become complacent as vacancies fall
ONS Labour Market: Employers mustn’t become complacent as vacancies fall Responding to the latest data from the Office for Nat..
Business
Lucian Hudson appointed Professor in Practice at Durham University Business School
We’re pleased to announce that Lucian Hudson, our Director of Advancement, Marketing and Communications, has been appointed as ..
Business
Analysis-Frankfurt ‘STIRs’ up euro clearing battle with London
By Huw Jones LONDON (Reuters) – Frankfurt expands derivatives clearing on Monday in an early test of how well European Union amb..
Headlines