By Manya Saini and Niket Nishant (Reuters) – U.S. card companies are expected to post the slowest revenue growth in…
U.S. business activity still soft in early 2023, but outlook perks up
NEW YORK (Reuters) – U.S. business activity contracted for the seventh straight month in January, though the downturn moderated across…
Sweden to upgrade Berzelius supercomputer with Nvidia AI systems
STOCKHOLM (Reuters) – Sweden will upgrade its Berzelius supercomputer using Nvidia’s latest artificial intelligence (AI) systems to aid in understanding…
EU financial services need shake-up to benefit retail investors, top official says
By Huw Jones LONDON (Reuters) – A potential ban on commissions paid by banks to financial advisers who sell their…
Bank of England to lift rates to 4% on Feb 2, finish at 4.25% in March: Reuters poll
By Jonathan Cable LONDON (Reuters) – The Bank of England will lift the Bank Rate by 50 basis points on…
U.S. private jet buyers seek distressed planes in early sign of turbulence
By Allison Lampert (Reuters) – Some U.S. business jet buyers are looking for new aircraft whose current owners are having…
After a long, cold year, investors are flocking back to Europe
By Alun John and Danilo Masoni MILAN/LONDON (Reuters) – A European recession looked like a no-brainer just a few weeks…
Explainer-Shutdown? Default? Washington’s risky new debt ceiling standoff
By Andy Sullivan WASHINGTON (Reuters) – Partisan brinksmanship in the U.S. Congress has made government shutdowns seem a routine part…
Primark cautious on 2023 after ‘very strong’ Christmas
By James Davey LONDON (Reuters) -Clothing retailer Primark reported better-than-expected trading over the Christmas quarter as shoppers returned to stores,…
Drop in business activity flags UK recession risk – flash PMI
By David Milliken LONDON (Reuters) -British private-sector economic activity fell at its fastest rate in two years in January, a…