Global unemployment to slightly fall in 2024, UN labour body says
By Matteo Allievi (Reuters) -The global unemployment rate is expected to fall slightly to 4.9% this year from 5.0% in 2023, even as in..
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Aplomado Investments & Fenton Whelan Real Estate (AFW) and GSM Middle East to launch a super-premium, British international School on Qetaifan Island North, Qatar
LONDON, 28th May, 2024: Global Schools Management (GSM), which owns over 165 schools, and educates over 45,000 students in the United..
Investment
China’s Geely to launch hybrids with more fuel-efficient engines
SHANGHAI (Reuters) – China’s Geely Holding Group on Wednesday said it would launch a series of hybrid models in the first ..
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German consumer sentiment recovers further heading into June
BERLIN (Reuters) – German consumer sentiment improved for the fourth month in a row heading into June as the outlook brightened ..
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Uber to offer Seine cruises, day trips in Paris during Olympics rush
(Reuters) – Uber Technologies unveiled a raft of measures on Wednesday, including a tie-up to offer cruises on the Seine river a..
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BYD unveils new hybrid tech as battle with gasoline rivals heats up
SHANGHAI (Reuters) -China’s BYD launched on Tuesday the latest version of a plug-in hybrid technology that improves fuel and cos..
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Hess shareholders sign off on $53 billion sale to Chevron
By Sabrina Valle HOUSTON (Reuters) -Hess shareholders on Tuesday approved the proposed $53 billion merger with Chevron that paves the ..
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Global equity index dips as investors await inflation prints
By Sinéad Carew and Alun John NEW YORK/LONDON (Reuters) -A global equities gauge fell slightly on Tuesday while U.S. indexes were a ..
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Dollar slips ahead of data, set for first monthly drop in 2024
By Stefano Rebaudo (Reuters) -The dollar eased against most currencies on Tuesday ahead of key U.S. and euro zone inflation data later..
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Mosaic Data Science’s Neural Search Solution Named the Top Insight Engine of 2024 by CIO Review
In a significant acknowledgment of its pioneering efforts in the realm of insight engines, Mosaic Data Science has been recognized as..
Technology
What is OPEC+ and how does it affect oil prices?
DUBAI (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectivel..
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Oil edges higher after inflation gloom hit prices
By Robert Harvey LONDON (Reuters) – Oil prices crept higher on Friday, having been under pressure from lingering concerns that s..
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Dollar holds firm as traders trim US rate cut bets
By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) – The dollar was set for its largest weekly rise in a month-and-a-..
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Wall St rallies, Treasury yields steady ahead of holiday weekend
By Stephen Culp NEW YORK (Reuters) – Wall Street rebounded and Treasury yields paused in the wake of upbeat economic data on Fri..
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UK commercial property values stabilising despite offices drag, says British Land
By Iain Withers and Aby Jose Koilparambil LONDON (Reuters) -Landlord British Land said UK commercial property values have begun to sta..
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Mosaic Data Science Named Top AI & Machine Learning Company of 2024 by CIO Review
The data science consultancy is honored to have received this recognition for the second consecutive year. Leesburg, VA – May 14, 2024..
Technology
Stellantis CEO: electric vehicle tariffs are a trap
By Joseph White and Christoph Steitz MUNICH (Reuters) -Stellantis expects a major battle with Chinese rivals in the European market ..
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Analysis-Europe stock pickers go old-school to ride the next wave in AI
By Lucy Raitano LONDON (Reuters) – European stock pickers are turning to more established sectors like utilities, professional..
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European shares to hit pause before rising again in 2025: Reuters poll
By Danilo Masoni and Samuel Indyk MILAN (Reuters) – A record-breaking run in European shares has made them more vulnerable to po..
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Stocks stumble on inflation jitters, offsetting high Nvidia hopes
By Tom Wilson LONDON (Reuters) -Shares fell on Wednesday as stronger-than-expected inflation in Britain offset hopes that AI-heavyweig..
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UK inflation pressure stays hot, dashing hopes for June rate cut
By Andy Bruce and Suban Abdulla LONDON (Reuters) -Inflation in Britain eased less than expected and a key core measure of prices barel..
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Dollar up as traders await Fed clues; sterling rises
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Wednesday as investors awaited Federal Reserve meeting mi..
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US dollar dips vs yen after Fed’s Waller rules out rate hikes again
By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) – The U.S. dollar slipped against the yen on Tuesday i..
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Otonomos Strengthens Growth Plans with Appointment of Account Director Connor Hayes
20th May 2024 Otonomos, a Web3-focused international incorporation and entity management platform, has appointed Connor Hayes as Accou..
Business
Ransom and AI generated attacks driving cybersecurity investment according to survey by Infosecurity Europe
Infosecurity Europe, ExCeL London, 21 May 2024: Infosecurity Europe, the most influential information security event running at ExCeL..
News
Sterling steady ahead of expected drop in inflation
By Harry Robertson LONDON (Reuters) – The pound held steady on Monday as markets waited for April inflation data later in the we..
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Asking prices for UK homes hit record high, Rightmove says
LONDON (Reuters) – Prices of homes being put up for sale in Britain have hit record highs despite still expensive mortgage costs..
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Italy’s large deficit, debt could erode investor confidence, IMF warns
By Giuseppe Fonte ROME (Reuters) – Italy’s huge budget deficit and debt along with delays in spending post-COVID EU funds ..
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Wall St, world stocks advance, metals shine
By Stephen Culp NEW YORK (Reuters) -U.S. stocks followed the example of their European counterparts, gaining ground on Monday while go..
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European shares eke out gains amid interest rate uncertainty
By Sruthi Shankar and Johann M Cherian (Reuters) -European shares ended marginally higher on Monday, with defence stocks in the lead,..
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Dollar firm as investors await Fed guidance
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar was firm against the euro on Monday as investors awaited further clues to help th..
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European shares end lower on rate cut jitters; Richemont shines
By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed lower on Friday, as investors turned cautious following remark..
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Dollar mostly flat as market mulls inflation outlook
By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) – The dollar traded little changed against major currencies on Friday..
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Stocks inch up as timing of US rate cuts weighed; copper jumps
By Caroline Valetkevitch NEW YORK (Reuters) -World stock indexes edged higher and U.S. Treasury yields also rose on Friday as investo..
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Engie Q1 profit drops on warmer winter, steady market
By America Hernandez PARIS (Reuters) – French energy company Engie said on Friday first-quarter earnings fell 3.2% as a warmer t..
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Carlos Slim’s FCC to spin off and list cement and real estate unit
MADRID (Reuters) – Mexican billionaire Carlos Slim’s Spanish unit FCC plans to spin off its cement and real estate assets..
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GSK raises $1.5 billion from offloading Haleon stake at a discount
(Reuters) – GSK has raised 1.25 billion pounds ($1.52 billion) from selling its entire remaining stake in consumer healthcare fi..
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