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Stocks sag as hawkish Fed cools China rally; awaits US jobs data

Stocks sag as hawkish Fed cools China rally; awaits US jobs data

By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks sank on Thursday and brought to a halt a rally in global stocks, as upbeat American jo..

Amazon CEO says job cuts to exceed 18,000 roles

Amazon CEO says job cuts to exceed 18,000 roles

By Jeffrey Dastin and Uday Sampath Kumar (Reuters) -Amazon.com Inc’s layoffs will now increase to more than 18,000 roles as part..

British shoppers defy cost-of-living crisis at Christmas

British shoppers defy cost-of-living crisis at Christmas

By James Davey and Sarah Young LONDON (Reuters) -Britons spent more than expected over Christmas, Next, one of the country’s big..

multilocal continues hiring spree following increasing demand for its services

multilocal continues hiring spree following increasing demand for its services

multilocal, the supply-side experts, has announced the appointment of two new senior members of staff as demand for its services conti..

UK’s Prince Harry declines to commit to attending King Charles’ coronation

UK’s Prince Harry declines to commit to attending King Charles’ coronation

LONDON (Reuters) – Prince Harry declined to commit to going to the coronation of his father King Charles, according to a clip fr..

Britain’s Next sees lower profit in 2023 as consumer outlook darkens

Britain’s Next sees lower profit in 2023 as consumer outlook darkens

By James Davey LONDON (Reuters) – Britisah clothing retailer Next forecast lower profit in its 2023-24 year, reflecting uncertai..

Walmart paid most of $1 billion tax for PhonePe shifting base to India

Walmart paid most of $1 billion tax for PhonePe shifting base to India

By Nandan Mandayam BENGALURU (Reuters) – Walmart Inc late on Wednesday confirmed that it had already paid the Indian government ..

With big bets on Musk, these funds may have a Tesla problem in ’23

With big bets on Musk, these funds may have a Tesla problem in ’23

By David Randall NEW YORK (Reuters) – Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers t..

UK’s December shopper numbers defy inflation and rail strikes hit

UK’s December shopper numbers defy inflation and rail strikes hit

LONDON (Reuters) – Shopper numbers across Britain in December rose 5.8% from November and were up 9.9% compared to 2021 despite ..

Freelancers must brace themselves for a tough 2023

Freelancers must brace themselves for a tough 2023

FreelancerSupport.online founder and international facilitator and speaker, Roy Sheppard predicts that freelancers will face a very to..

Seven competencies that successful ESG leaders need

Seven competencies that successful ESG leaders need

Leaders who seek to guide their companies through ESG transitions should strive to develop seven competencies, a review of literature ..

Teads enhances brand suitability capabilities through partnership with Integral Ad Science

Teads enhances brand suitability capabilities through partnership with Integral Ad Science

Teads, the global media platform, has enhanced its brand suitability and contextual advertising offering through a partnership with In..

More than 90% of Advertisers are Partnering with Retailers to Reach Consumers

More than 90% of Advertisers are Partnering with Retailers to Reach Consumers

IAB Europe, the leading European-level industry association for the digital and marketing ecosystem has today announced the results of..

Latest ONS labour statistics: There’s still a tough talent landscape, with health and social care levels revealing a need for a new hiring approach

Latest ONS labour statistics: There’s still a tough talent landscape, with health and social care levels revealing a need for a new hiring approach

Responding to the latest labour market data from the Office for National Statistics (ONS), Tania Bowers, Global Public Policy Director..

GE HealthCare rises 8% in market debut, eyes small deals

GE HealthCare rises 8% in market debut, eyes small deals

By Leroy Leo and Kannaki Deka (Reuters) -GE HealthCare Technologies Inc’s shares rose as much as 8.4% in their Nasdaq debut on W..

Emirati FM meets Syria’s Assad in Damascus in further sign of thawing ties

Emirati FM meets Syria’s Assad in Damascus in further sign of thawing ties

BEIRUT (Reuters) – Syrian President Bashar al-Assad received the United Arab Emirates foreign minister in Damascus on Wednesday ..

Stellantis to build U.S. firm Archer’s air taxi, up stake

Stellantis to build U.S. firm Archer’s air taxi, up stake

By Gilles Guillaume PARIS (Reuters) -Carmaker Stellantis will help build Archer Aviation’s electric aircraft and increase its st..

Stocks, bonds extend rally on hopes rate hikes ease

Stocks, bonds extend rally on hopes rate hikes ease

By Lawrence White LONDON/NEW YORK (Reuters) – Shares rose and bonds rallied worldwide on Wednesday as investors tiptoed into the..

Deutsche Bank’s rollercoaster ride towards more stability

Deutsche Bank’s rollercoaster ride towards more stability

(This Dec. 16 story has been refiled to correct currency unit to cents in paragraph 33) By Tom Sims and Marta Orosz FRANKFURT (Reuters..

Dollar jumps, U.S. stocks buck global rally

Dollar jumps, U.S. stocks buck global rally

By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar jumped on Tuesday as oil prices sank, while U.S. stocks bucked..

Inflation drives Britain’s record Christmas grocery sales

Inflation drives Britain’s record Christmas grocery sales

By James Davey LONDON (Reuters) – British grocery sales rose 9.4% to a record 12.8 billion pounds ($15.3 billion) in the four we..

Decline in German services sector eases, raising hopes for milder recession -PMI

Decline in German services sector eases, raising hopes for milder recession -PMI

BERLIN (Reuters) – High inflation and economic uncertainty extended a downturn in the German services sector in December, though..

Former astronaut Cunningham, member of first crewed Apollo flight, dies at age 90

Former astronaut Cunningham, member of first crewed Apollo flight, dies at age 90

By Katharine Jackson and Steve Gorman WASHINGTON (Reuters) -Former U.S. astronaut Walter Cunningham, who flew to space aboard Apollo 7..

Britain says it is committed to leading a NATO task force in 2024

Britain says it is committed to leading a NATO task force in 2024

(Reuters) -Britain said on Tuesday it was committed to leading a NATO task force in 2024, dismissing a report by Berlin-based Table.Me..

Rivian stock less bruised than Tesla as both miss EV targets

Rivian stock less bruised than Tesla as both miss EV targets

By Paul Lienert and Akash Sriram (Reuters) – Electric vehicle maker Rivian Automotive barely missed its full-year production tar..

PM Rishi Sunak sets out priorities for Britain, responds to critics

PM Rishi Sunak sets out priorities for Britain, responds to critics

By Elizabeth Piper LONDON (Reuters) – British Prime Minister Rishi Sunak will set out his priorities for 2023 on Wednesday, usin..

The Marvel-ous world of science

The Marvel-ous world of science

..

Funds Available for Physicians from Economically Developing Countries to Attend 2023 AANEM Annual Meeting

Funds Available for Physicians from Economically Developing Countries to Attend 2023 AANEM Annual Meeting

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Business

Beauty Lovers: Make Earneco your New Year Resolution and Monetise Your Attention

Beauty Lovers: Make Earneco your New Year Resolution and Monetise Your Attention

  Earneco is a bold new platform in the earned and owned digital economy. By offering its users monetary rewards for watching adverts, engaging w..

The World-Class External Cladding System Technology for Your Safety

The World-Class External Cladding System Technology for Your Safety

..

Applications to plastic surgery residency programs lag behind significant increase in residency positions

Applications to plastic surgery residency programs lag behind significant increase in residency positions

..

Microsoft videogame testers form company’s first U.S. union

Microsoft videogame testers form company’s first U.S. union

By Daniel Wiessner (Reuters) -A group of about 300 videogame testers at Microsoft Corp subsidiary Zenimax Studios have voted to unioni..

French watchdog fines H2O Asset Management, executives over Tennor investments(Reuters) – France’s financial markets watchdog AMF said on Tuesday it had fined H2O Asset Management and two of its managers close to 100 million euros ($105 million) in total for several breaches linked to investments in illiquid Tennor Holding assets. H2O in 2019 became the subject of market and regulatory concern over its investments in illiquid bonds issued by several companies related to German entrepreneur Lars Windhorst, who owns Tennor. The London-based investment firm was fined 75 million euros, while the two managers need to pay 15 million and 3 million euros respectively, the AMF said, adding the decision could still be appealed. H2O did not immediately reply to a Reuters request for comment by phone and email. The AMF in its decision said the financial penalties would be accompanied by disciplinary sanctions, citing several failings related to the acquisition and management of the Tennor assets. H2O in 2020 was urged by the watchdog to suspend some of its funds, as they were deemed insecure. ($1 = 0.9481 euros) (Reporting by Juliette Portala, editing by Tassilo Hummel and Mark Potter)

French watchdog fines H2O Asset Management, executives over Tennor investments(Reuters) – France’s financial markets watchdog AMF said on Tuesday it had fined H2O Asset Management and two of its managers close to 100 million euros ($105 million) in total for several breaches linked to investments in illiquid Tennor Holding assets. H2O in 2019 became the subject of market and regulatory concern over its investments in illiquid bonds issued by several companies related to German entrepreneur Lars Windhorst, who owns Tennor. The London-based investment firm was fined 75 million euros, while the two managers need to pay 15 million and 3 million euros respectively, the AMF said, adding the decision could still be appealed. H2O did not immediately reply to a Reuters request for comment by phone and email. The AMF in its decision said the financial penalties would be accompanied by disciplinary sanctions, citing several failings related to the acquisition and management of the Tennor assets. H2O in 2020 was urged by the watchdog to suspend some of its funds, as they were deemed insecure. ($1 = 0.9481 euros) (Reporting by Juliette Portala, editing by Tassilo Hummel and Mark Potter)

(Reuters) – France’s financial markets watchdog AMF said on Tuesday it had fined H2O Asset Management and two of its manag..

French energy suppliers will let struggling bakers renegotiate contracts – Le Maire

French energy suppliers will let struggling bakers renegotiate contracts – Le Maire

By Dominique Vidalon PARIS (Reuters) -France’s energy suppliers have agreed to allow the country’s trademark bakeries to r..

Dollar jumps, euro dips before Fed minutes

Dollar jumps, euro dips before Fed minutes

By Karen Brettell NEW YORK (Reuters) – The greenback jumped on Tuesday before the Federal Reserve on Wednesday releases minutes ..

Startups spring from ashes of Big Tech purge

Startups spring from ashes of Big Tech purge

By Supantha Mukherjee, Martin Coulter and Krystal Hu (Reuters) – Nic Szerman lost his job at Meta Platforms in November, just tw..

Reducing cancellation rate with the right booking engine

Reducing cancellation rate with the right booking engine

Cancellation rates have been steadily growing over the last decade, with the average cancellation rate at over 40% in 2022. Most of th..