News

Stocks hit record; U.S. Treasury yields hover above 5-month lows

Stocks hit record; U.S. Treasury yields hover above 5-month lows

By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks closed at a record on Monday and U.S. Treasury yields held ab..

Oil prices slip as economic fears offset tightening crude supplies

Oil prices slip as economic fears offset tightening crude supplies

By Laila Kearney NEW YORK (Reuters) -Oil slumped on Monday over concerns about spreading COVID-19 variants derailing the global econom..

Swatch Group returns to profit as sales jump

Swatch Group returns to profit as sales jump

ZURICH (Reuters) -Swatch Group returned to profit in the first six months of 2021 and its sales jumped more than 50% as demand recover..

Local Olympics organisers face uninsured loss from spectator ban – sources

Local Olympics organisers face uninsured loss from spectator ban – sources

By Carolyn Cohn and Noor Zainab Hussain LONDON (Reuters) – The local Tokyo Olympics organising committee is unlikely to get much..

Spain to invest $5.1 billion in electric vehicle production

Spain to invest $5.1 billion in electric vehicle production

By Joan Faus and Nathan Allen MADRID (Reuters) – Spain will invest 4.3 billion euros ($5.1 billion) to kick-start the production..

S.Korea suspends baseball season as toughest COVID-19 curbs take force

S.Korea suspends baseball season as toughest COVID-19 curbs take force

By Hyonhee Shin SEOUL (Reuters) -South Korea’s pro baseball league suspended its season on Monday after five players tested posi..

Analysis: JPMorgan, Goldman bet on tech to crack UK consumer market

Analysis: JPMorgan, Goldman bet on tech to crack UK consumer market

By Anna Irrera and Iain Withers LONDON (Reuters) – JPMorgan Chase & Co and Goldman Sachs Group Inc are taking on a consumer ..

Lux Afrique Polo Day Announces Exciting Return of Europe’s Premier African Polo Event

Lux Afrique Polo Day Announces Exciting Return of Europe’s Premier African Polo Event

1 July 2021 LONDON, UK – Lux Afrique Polo Daythe only event in Europe dedicated to the celebration of African polo, returns to t..

Dutch reimpose COVID curbs as cases jump in young adults

Dutch reimpose COVID curbs as cases jump in young adults

AMSTERDAM (Reuters) -The Dutch government reimposed COVID-19 curbs on nightclubs, music festivals and restaurants on Friday in an effo..

LastBasic launches automated design and engineering platform for faster and better value prototyping

LastBasic launches automated design and engineering platform for faster and better value prototyping

Virtual platform fuses technology with prototyping process to connect inventors and experts from around the world and turn ideas into ..

LastBasic launches automated design and engineering platform for faster and better value prototyping

LastBasic launches automated design and engineering platform for faster and better value prototyping

Virtual platform fuses technology with prototyping process to connect inventors and experts from around the world and turn ideas into ..

Technology that fixes your bad back

Technology that fixes your bad back

How a robot that solves back problems came into being Chongsu Lee, Chartered physiotherapist and founder of BackHug Discovering the im..

3i Infotech on a hiring spree to fuel its growth plans this year

3i Infotech on a hiring spree to fuel its growth plans this year

Looks to expand its footprint to provide extended support to its global clients in new technology areas by hiring over 1000 next gen t..

UK gold investment startup, Minted, partners with LUX Rewards

UK gold investment startup, Minted, partners with LUX Rewards

Minted, a UK-based gold investment platform, has teamed up with LUX Rewards, a premium rewards scheme for restaurants and retailers. T..

QA completes the acquisition of Circus Street

QA completes the acquisition of Circus Street

Acquisition creates a UK & Global leader to help organisations win in the Digital Revolution 2nd July 2021 – QA, owned by CVC Capi..

UK housing boom may derail post-Brexit trade dreams

UK housing boom may derail post-Brexit trade dreams

By Andy Bruce LONDON (Reuters) – History suggests Britain’s house price surge could threaten hopes of post-Brexit export-p..

Zivver Expands Leadership Team, Names Three New C-level Executives

Zivver Expands Leadership Team, Names Three New C-level Executives

AMSTERDAM, NL and LONDON, UK –  Zivver , a leader in secure communications solutions, today announced that three new executives have j..

Canada’s first Indigenous governor general pledges to help heal nation

Canada’s first Indigenous governor general pledges to help heal nation

By Steve Scherer OTTAWA (Reuters) – The first Indigenous Canadian to hold the post of governor general addressed the public in h..

Ghana International Bank partners with Backbase to accelerate digital innovation

Ghana International Bank partners with Backbase to accelerate digital innovation

UK-based international bank leverages Backbase’s Engagement Banking Platform to provide best-in-class customer experience London – 30 ..

Four in five wealth managers struggle to meet client demand for private markets due to regulatory challenges

Four in five wealth managers struggle to meet client demand for private markets due to regulatory challenges

82% of wealth managers saw regulatory compliance as a key challenge to offering private markets solutions to their clients. Cross-bor..

How business leaders benefit from positive thinking

How business leaders benefit from positive thinking

By Sezer Sherif, Founder and CEO of investment group, Vector Capital   Stress, Wellness, and Positivity in Business In news that ..

Return to normal? UK PM Johnson outlines end to England’s virus restrictions

Return to normal? UK PM Johnson outlines end to England’s virus restrictions

By Alistair Smout and William James LONDON (Reuters) -British Prime Minister Boris Johnson set out plans on Monday to end social and e..

Ecommerce localization specialist, Reach, builds unstoppable momentum with new senior appointments and Canadian office move

Ecommerce localization specialist, Reach, builds unstoppable momentum with new senior appointments and Canadian office move

The leading Canadian fintech has welcomed new talent after impressive 50% year- on-year growth four years running Reach, the global pa..

Moneycorp announces new Head of Payment Solutions, Francesco Giovanni Ghizzardi, as digital payment needs surge

Moneycorp announces new Head of Payment Solutions, Francesco Giovanni Ghizzardi, as digital payment needs surge

Specialist international payments partner moneycorp  has appointed global payments expert Francesco Giovanni Ghizzardi as its new Head..

Is the road to data transformation slowing digital transformation?

Is the road to data transformation slowing digital transformation?

By David Meyer, SVP Product Management at Databricks Data is a fundamental part of digital transformation as it enables automation, in..

Fund nature protection now or face huge losses, says World Bank

Fund nature protection now or face huge losses, says World Bank

By Michael Taylor KUALA LUMPUR (Thomson Reuters Foundation) – The global economy faces annual losses of $2.7 trillion by 2030 if..

Australia steps up vaccine push to stem COVID-19 outbreak

Australia steps up vaccine push to stem COVID-19 outbreak

By Renju Jose SYDNEY (Reuters) -Australia decided on Monday to make vaccinations mandatory for high-risk aged-care workers and employe..

Swiss bank UBS to allow most staff to adopt hybrid working

Swiss bank UBS to allow most staff to adopt hybrid working

ZURICH (Reuters) – UBS Group will allow most staff to mix remote working with time spent in the office, Switzerland’s bigg..

What you need to know about the coronavirus right now

What you need to know about the coronavirus right now

(Reuters) – Here’s what you need to know about the coronavirus right now: Australia’s COVID-19 response team holds u..

ECB should retain flexibility of emergency stimulus scheme – Panetta

ECB should retain flexibility of emergency stimulus scheme – Panetta

FRANKFURT (Reuters) -The European Central Bank should retain the exceptional flexibility of its emergency bond buys after the current ..

EU countries approve landmark climate change law

EU countries approve landmark climate change law

By Kate Abnett BRUSSELS (Reuters) – European Union countries on Monday gave the final seal of approval to a law to make the bloc..