Business

Trump reaches $375M deal to sell DC hotel – WSJ

Trump reaches $375M deal to sell DC hotel – WSJ

WASHINGTON (Reuters) – Former President Donald Trump’s family hotel company has reached a deal to sell the rights to its W..

Oil prices slide amid fears of supply boost, weaker demand

Oil prices slide amid fears of supply boost, weaker demand

By Naveen Thukral SINGAPORE (Reuters) – Crude oil prices skidded on Monday, under pressure from expectations of higher supplies ..

WHY NFTs AREN’T JUST FOR GROWNUPS

WHY NFTs AREN’T JUST FOR GROWNUPS

By: Cheryl Griffin, creator of AlphaBetty Doodles. The AlphaBetty Doodles NFT project has turned over£3 million, and I s..

Siemens CEO watching the share price of Siemens Energy – CEO

Siemens CEO watching the share price of Siemens Energy – CEO

ZURICH (Reuters) – Siemens continues to monitor the stock price of Siemens Energy, the power generation business it spun off las..

Generali’s 9-month profit beats expectations, has 1 billion euros left for potential M&A

Generali’s 9-month profit beats expectations, has 1 billion euros left for potential M&A

MILAN (Reuters) -Italy’s top insurer Generali beat market expectations with its nine-month results on Thursday as its life and a..

EV maker Rivian prices IPO above range to raise over $11.9 billion

EV maker Rivian prices IPO above range to raise over $11.9 billion

By Echo Wang and Anirban Sen NEW YORK (Reuters) -Amazon-backed electric vehicle (EV) maker Rivian sold shares in its initial public of..

Smartphone maker Xiaomi switches China playbook with eye toward EV showrooms

Smartphone maker Xiaomi switches China playbook with eye toward EV showrooms

By Josh Horwitz SHANGHAI (Reuters) – Chinese smartphone maker Xiaomi Corp is revamping its playbook in its home country by openi..

Volkswagen plans farewell to legendary Santana model in China

Volkswagen plans farewell to legendary Santana model in China

BEIJING (Reuters) – Volkswagen plans to stop making Santana cars in China, bidding farewell after over three decades to its firs..

TSMC, Sony to invest $7 billion for new Japanese chip plant

TSMC, Sony to invest $7 billion for new Japanese chip plant

TOKYO (Reuters) – Taiwan Semiconductor Manufacturing Co (TSMC) said on Tuesday it would build a $7 billion chip plant in Japan w..

Data Decision Gap risks holding back economic recovery, global research finds

Data Decision Gap risks holding back economic recovery, global research finds

9 November 2021 Nine in ten global organizations struggle with data despite increased focus during Pandemic LONDON AND NEW YORK, 9 Nov..

Greenpeace Germany sues Volkswagen over carbon emissions targets

Greenpeace Germany sues Volkswagen over carbon emissions targets

BERLIN (Reuters) -Environmental activist Clara Mayer and the heads of Greenpeace Germany have sued Volkswagen in a German court, the N..

Henkel trims earnings outlook on raw material price spike

Henkel trims earnings outlook on raw material price spike

BERLIN (Reuters) – German consumer goods group Henkel trimmed its full-year earnings outlook on Monday, saying it could not full..

Ant Group starts to differentiate consumer loan business Jiebei from bank loans

Ant Group starts to differentiate consumer loan business Jiebei from bank loans

BEIJING (Reuters) – China’s Ant Group said on Monday that it is making efforts to “differentiate” part of its ..

U.S. job growth regains momentum; worker shortages persist

U.S. job growth regains momentum; worker shortages persist

By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment increased more than expected in October as the headwind from the surge ..

Nintendo says chip shortage hitting hardware development

Nintendo says chip shortage hitting hardware development

TOKYO (Reuters) – Japan’s Nintendo Co Ltd said on Friday that a global chip shortage which forced the firm to scale back e..

AirAsia interested in potential Airbus A321neo freighter

AirAsia interested in potential Airbus A321neo freighter

By Liz Lee KUALA LUMPUR (Reuters) – Malaysia’s AirAsia Group Bhd is in talks with Airbus SE about its interest in the manu..

Online fashion retailer Zalando’s profit falls as in-store sales rebound

Online fashion retailer Zalando’s profit falls as in-store sales rebound

BERLIN (Reuters) -German online fashion retailer Zalando reported a slump in quarterly profit on Wednesday as it offered discounts to ..

Corporate Social Responsibility practices do not always improve sustainability

Corporate Social Responsibility practices do not always improve sustainability

2 November 2021 Corporate Social Responsibility practices do not always have a positive effect on sustainability, according to new res..

5 benefits of hybrid working for companies

5 benefits of hybrid working for companies

2 November 2021 After working remotely for so long, many organisations are wondering how to reincorporate office working. Should we go..

Meta denies Kazakh claim of exclusive access to Facebook’s content reporting system

Meta denies Kazakh claim of exclusive access to Facebook’s content reporting system

ALMATY (Reuters) – Facebook owner Meta Platforms on Tuesday denied a claim by the Kazakh government that it had been granted exc..

Maersk triples quarterly profit despite lower container volumes

Maersk triples quarterly profit despite lower container volumes

COPENHAGEN (Reuters) – Shipping group A.P. Moller-Maersk on Tuesday said record-high freight rates boosted quarterly earnings de..

WeWork rival IWG quarterly revenue dips on prolonged pandemic impact

WeWork rival IWG quarterly revenue dips on prolonged pandemic impact

(Reuters) – Office rental firm IWG Plc reported a slight fall in third-quarter revenue on Tuesday as a resurgence in global COVI..

Elon Musk goes viral on Chinese social media with ancient poem post

Elon Musk goes viral on Chinese social media with ancient poem post

(Refiles to fix location in dateline) By Eduardo Baptista HONG KONG (Reuters) – The posting of an ancient Chinese poem by Tesla ..

Jewellery maker Pandora lifts 2021 outlook

Jewellery maker Pandora lifts 2021 outlook

COPENHAGEN (Reuters) – Pandora, the world’s largest jewellery maker by production capacity, on Monday lifted its sales and..

Oil drops on China fuel reserves release; OPEC+ meeting in view

Oil drops on China fuel reserves release; OPEC+ meeting in view

By Yuka Obayashi TOKYO (Reuters) -Oil prices dropped on Monday as China’s release of gasoline and diesel reserves eased concerns..

Oil prices set for first weekly drop since August as supply concerns ease

Oil prices set for first weekly drop since August as supply concerns ease

By Roslan Khasawneh and Sonali Paul SINGAPORE (Reuters) -Oil prices edged up on Friday but were headed for their first weekly losses i..

Energy Assets Group completes £690 million (GBP) refinancing of existing debt – securing an efficient debt platform to boost ambitious growth plans

Energy Assets Group completes £690 million (GBP) refinancing of existing debt – securing an efficient debt platform to boost ambitious growth plans

The Energy Assets Group, UK leaders in multi-utility metering, data analytics and network construction, ownership and operation, have ..

HERMES ANNOUNCES AMBITIOUS ETHICS AND SUSTAINABILITY PROGRAMME

HERMES ANNOUNCES AMBITIOUS ETHICS AND SUSTAINABILITY PROGRAMME

Hermes, the UK’s largest dedicated parcel delivery company, has announced an ambitious ESG (Environmental, Social and Governance) prog..

DS Smith says cardboard box volumes strong; flags higher costs

DS Smith says cardboard box volumes strong; flags higher costs

(Reuters) – Cardboard maker DS Smith said on Thursday its box volume growth has been strong in the first half of the year, suppo..

Wagamama-owner Restaurant Group names former Cadbury executive Ken Hanna chairman

Wagamama-owner Restaurant Group names former Cadbury executive Ken Hanna chairman

(Reuters) – Britain’s Restaurant Group, which owns Frankie & Benny’s and Wagamama, on Thursday named former Cadb..

McDonald’s sales soar on higher U.S. prices, newer menu items

McDonald’s sales soar on higher U.S. prices, newer menu items

By Aishwarya Venugopal and Hilary Russ (Reuters) -Higher U.S. prices and celebrity-themed meals boosted quarterly comparable sales at ..

Gas price surge pushes Europe’s ceramics industry to breaking point

Gas price surge pushes Europe’s ceramics industry to breaking point

By Stephen Jewkes, Isla Binnie and Elvira Pollina MILAN (Reuters) – Continental Europe’s $35 billion ceramics industry tho..

Hackers-for-hire are biggest cybersecurity threat -EU agency

Hackers-for-hire are biggest cybersecurity threat -EU agency

By Foo Yun Chee BRUSSELS (Reuters) – Hackers-for-hire emerged as the biggest threat to online security in the last 15 months, wi..

Santander to release some pandemic provisions as profits jump

Santander to release some pandemic provisions as profits jump

By Jesús Aguado MADRID (Reuters) -Santander is to release some of the cash it set aside at the height of the pandemic in a sign the Sp..

ESG key to securing talent amid skills shortages

ESG key to securing talent amid skills shortages

25 October 2021 A visible commitment to Environmental, Social, and Corporate Governance (ESG) will enable financial services firms to ..

How Blockchain can help progress ESG goals

How Blockchain can help progress ESG goals

By: Nish Kotecha, Co-founder and Chairman, Finboot “Show me the Money” applies to Jerry Maguire as much as it does for the world of ES..

How blockchain enables a fan-first business model

How blockchain enables a fan-first business model

By: Lars Rensing, CEO of enterprise blockchain solutions provider Protokol In the past, esports was thought of as an under..