Business

Ant International Announces Sustainability Framework, Serving 100 mn Merchants to Advance Inclusive Growth in Re-globalisation

Ant International Announces Sustainability Framework, Serving 100 mn Merchants to Advance Inclusive Growth in Re-globalisation

-            The now-independent company combines techfin and sustainability work&nbs..

International fintech leader Paynt announces acquisition of Canadian payment firm E-xact Transactions, solidifying North American foothold

International fintech leader Paynt announces acquisition of Canadian payment firm E-xact Transactions, solidifying North American foothold

Firm set to complete further US acquisition by end of 2025 London, UK, June, 2025 - Paynt, a global payment technology leader, has strategic..

Clearhaus goes physical: Aarhus-based fintech turns 10 and sets its sights on Unified Commerce

Clearhaus goes physical: Aarhus-based fintech turns 10 and sets its sights on Unified Commerce

Clearhaus celebrates 10 years as an active acquirer and takes the next step toward Unified Commerce.  Clearhaus, one of Denmark’s leading ac..

World at brink of “second digital gold rush”

World at brink of “second digital gold rush”

But companies are struggling to monetise AI – and CFOs are sounding the alarm.New data has revealed that 71% of&nbs..

When climate disruption becomes a boardroom issue: Why I don't speak to the CSO without the CFO in the room

When climate disruption becomes a boardroom issue: Why I don't speak to the CSO without the CFO in the room

By Mike Mason, Chief Operating Officer at Earth BloxIn the past, sustainability used to be a passion project. Something bolted onto the business,..

Ant International appoints Chief Innovation Officer to Spearhead AI-Driven Digitalisation Strategy with new Product, Technology and Innovation Framework

Ant International appoints Chief Innovation Officer to Spearhead AI-Driven Digitalisation Strategy with new Product, Technology and Innovation Framework

Jiang-Ming Yang will be responsible for driving investments in and synergy between product and technology teams A new CIO Organisation will be created..

Strides Pharma Consolidates European Business-to-Business Operations in Switzerland

Strides Pharma Consolidates European Business-to-Business Operations in Switzerland

·        Market proximity of Strides Pharma International AG, based in Zug, Switzerland, opens the way for rapid ..

Some global property catastrophe reinsurance rates to fall 5% to 15% on Jan 1, broker says

Some global property catastrophe reinsurance rates to fall 5% to 15% on Jan 1, broker says

LONDON (Reuters) – Global property catastrophe reinsurance rates will fall 5% to 15% on Jan. 1 for books of businesses which hav..

Swiss International University Announces $21.7 Million Acquisition of Academies in Switzerland, Dubai and Kyrgyzstan

Swiss International University Announces $21.7 Million Acquisition of Academies in Switzerland, Dubai and Kyrgyzstan

Swiss International University LLC acquires four leading academies in Switzerland, Kyrgyzstan and the UAE from a well-established lear..

UK creates new businesses at slowest rate since 2010

UK creates new businesses at slowest rate since 2010

LONDON (Reuters) – Britons started new businesses last year at the slowest rate since 2010, a potential warning sign for longer-..

Smaller game titles stretched by delays in crowded market, Embracer CEO says

Smaller game titles stretched by delays in crowded market, Embracer CEO says

By Jesus Calero (Reuters) – Game development delays and extended production timelines are straining video game companies, the CE..

German regulator sets stamp price guidelines, shrugging off DHL protest

German regulator sets stamp price guidelines, shrugging off DHL protest

DUESSELDORF (Reuters) – Germany’s network regulator confirmed its guidelines for the pricing of postage stamps on Monday, ..

Richemont say US business in good position for growth

Richemont say US business in good position for growth

ZURICH (Reuters) -Richemont’s U.S. business is in a good position to carry on growing now that uncertainty around this week̵..

NEW LEADERSHIP TEAM DRIVES MAJOR YEAR-ON-YEAR GROWTH AT INFINOX CAPITAL LIMITED

NEW LEADERSHIP TEAM DRIVES MAJOR YEAR-ON-YEAR GROWTH AT INFINOX CAPITAL LIMITED

Companies House filings show a 117% increase in pre-tax profits and 70% reduction in administration costs New Leadership Team inclu..

Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season

Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season

By Richa Naidu, Aishwarya Venugopal and Siddharth Cavale (Reuters) – Santa Claus is not delivering as many Christmas trees, toys..

DHL reports Q3 net income below expectations

DHL reports Q3 net income below expectations

(Reuters) -German logistics giant DHL reported a third quarter net income of 751 million euros ($817 million) on Tuesday, missing anal..

China EV price deal needs be as effective as tariffs, says EU official

China EV price deal needs be as effective as tariffs, says EU official

BRUSSELS (Reuters) – Any agreement reached with Chinese producers on minimum prices for electric vehicles would need to be as ef..

Burberry shares jump on Moncler bid report

Burberry shares jump on Moncler bid report

(Reuters) -Burberry shares rose as much as 8% on Monday after a media report said Italian luxury outerwear maker Moncler was consideri..

Asia’s factory activity stagnates, taking shine off rebound in China

Asia’s factory activity stagnates, taking shine off rebound in China

By Leika Kihara TOKYO (Reuters) – Asia’s manufacturing activity stagnated in October as a rebound in China failed to give ..

Ericsson signs 5G ORAN deal with Spain’s MasOrange

Ericsson signs 5G ORAN deal with Spain’s MasOrange

  By Supantha Mukherjee STOCKHOLM (Reuters) – Ericsson has signed a 5G deal with Spain’s largest telecoms operator, M..

Covestro trims 2024 profit target again in a tough economy

Covestro trims 2024 profit target again in a tough economy

(Reuters) -German chemicals maker Covestro lowered the upper end of its full-year core profit forecast range on Tuesday for the second..

Volkswagen’s Traton reports higher sales in weak truck market

Volkswagen’s Traton reports higher sales in weak truck market

  (Reuters) -Volkswagen’s truck unit Traton on Monday reported a 3% rise in nine-month revenue amid subdued demand for comm..

Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition

Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition

  (Reuters) -Europe’s biggest gas distributor Italgas on Thursday reported 10.9% growth in third-quarter adjusted core earn..

Gold’s allure spreads as bulls lock in on fresh records

Gold’s allure spreads as bulls lock in on fresh records

  By Polina Devitt and Swati Verma LONDON (Reuters) – Gold is extending a period of successive record highs, moving the psy..

Perplexity AI in funding talks to more than double valuation to $8 billion, WSJ reports

Perplexity AI in funding talks to more than double valuation to $8 billion, WSJ reports

  (Reuters) -Jeff Bezos-backed Perplexity AI has begun fundraising talks in which it is looking to more than double its valuation..

Britain’s SSE rebuffed EDP proposal to merge, sources say

Britain’s SSE rebuffed EDP proposal to merge, sources say

  By Andres Gonzalez, Sarah McFarlane and Sergio Goncalves LONDON (Reuters) – Portugal’s main power utility EDP initi..

Prospering in Economic Uncertainty: A Strategic Guide for Entrepreneurs

Prospering in Economic Uncertainty: A Strategic Guide for Entrepreneurs

In times of economic uncertainty, rising inflation, and financial instability, entrepreneurs need to embrace strategies that promote r..

UK economy returns to growth in August after two months of stagnation

UK economy returns to growth in August after two months of stagnation

By Suban Abdulla and Andy Bruce LONDON (Reuters) -Britain’s economy grew in August after two consecutive months of stagnation, p..

Spain’s top fashion retailers to launch trial to collect clothes waste in 2025

Spain’s top fashion retailers to launch trial to collect clothes waste in 2025

  By Corina Pons MADRID (Reuters) – Spain’s largest fashion companies will start collecting discarded clothes from Ap..

IKEA sales fall 5% after price cuts amid weak housing market

IKEA sales fall 5% after price cuts amid weak housing market

  By Helen Reid LONDON (Reuters) – IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid..

Britain outlines details of closely watched workers’ rights plan

Britain outlines details of closely watched workers’ rights plan

LONDON (Reuters) -Britain’s Labour government set out its plans on Thursday for the biggest change to employment law in a genera..

Online shopping returns to growth in Europe amid fierce competition

Online shopping returns to growth in Europe amid fierce competition

By Helen Reid LONDON (Reuters) – Recovering consumer confidence has boosted online shopping in Europe this year, industry group ..

Online retailer Shein’s 2023 sales hit $2 billion in UK

Online retailer Shein’s 2023 sales hit $2 billion in UK

By Helen Reid (Reuters) -Shein’s British business made 1.55 billion pounds ($2 billion) in revenue in 2023, a filing by the on..

Exclusive-Samsung Electronics says it is not interested in spinning off foundry business

Exclusive-Samsung Electronics says it is not interested in spinning off foundry business

  By Neil Jerome Morales and Heekyong Yang MANILA/SEOUL (Reuters) – Samsung Electronics is not interested in spinning off i..

Italgas sees double-digit income growth to 2030, ups minimum dividend rise

Italgas sees double-digit income growth to 2030, ups minimum dividend rise

  By Francesca Landini and Cristina Carlevaro MILAN (Reuters) -Italy’s biggest gas distributor Italgas expects double-digit..

Adani Group in talks to buy Heidelberg’s Indian cement operations, paper says

Adani Group in talks to buy Heidelberg’s Indian cement operations, paper says

  BENGALURU (Reuters) -The Adani Group is in talks to buy the Indian cement operations of Germany’s Heidelberg Materials in..

Exclusive-Online retailer Shein to hold roadshows soon ahead of London IPO, sources say

Exclusive-Online retailer Shein to hold roadshows soon ahead of London IPO, sources say

By Julie Zhu, Amy-Jo Crowley and Hadeel Al Sayegh HONG KONG/LONDON (Reuters) – Shein is set to hold informal investor meetings i..