Sun.Dec 08, 2024

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Britain’s Flawed Jobs Reports Leave Economists ‘Second-Guessing’

The New York Times: Banking

Officials are grappling with an incomplete picture of Britains labor market as the national statistics agency strains to improve data quality.

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Loonie, Aussie in focus while US dollar extends gains

Global Banking & Finance

By Vidya Ranganathan SINGAPORE (Reuters) – The Canadian dollar and Australian dollar were in focus on Monday ahead of their central bank meetings this week, while the euro and other major currencies lost a bit more ground to a strong U.S. dollar.

Banking 59
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ITV faces a hard sell to tempt suitors despite Carolyn McCall’s best efforts

The Guardian: Mergers & Acquisitions

CEO has fared well in an embattled sector, turning around the UKs biggest commercial public broadcaster despite the stubbornly low share price As Carolyn McCall enters her eighth year as boss of ITV she might be forgiven for wondering if maybe she shouldnt have turned down a chance to run Marks & Spencer instead. McCall revealed the approach back in 2016 while quashing speculation she was poised to leave easyJet, where her reputation soared having turned around the fortunes of the budget air

Shares 69
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BYD on track to top 2024 sales goal and outsell Ford, Honda

Global Banking & Finance

SHANGHAI/BEIJING (Reuters) – China’s top electric vehicle producer BYD is set to show further market share gains when November vehicle sales data is released on Monday, putting it on course to exceed its annual goal and overtake Ford and Honda in global sales.

Sale 52
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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Mokobara x Razorpay’s Winning Formula: Luggage That Stands Out, Payments That Don’t Fail

Razorpay

We’ve all been theretravelling with luggage that falls apart mid-trip or trying to spot your bag in a sea of grey, and black at baggage claim. Sangeet Agrawal had one of those nightmare moments. So, he teamed up with Navin Parwal in 2020 and founded Mokobara the brand that ditched the ordinary and brought in bags that not only hold up but actually turn heads.

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Japan revises Q3 GDP higher, keeps alive BOJ rate-hike expectations

Global Banking & Finance

By Satoshi Sugiyama and Leika Kihara TOKYO (Reuters) -Japan’s economy expanded in July-September at a faster pace than initially reported thanks to upward revisions in capital investment and exports, keeping alive market expectations for a near-term interest rate hike by the central bank.

Capital 52

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Asia stocks slip on South Korea turbulence, China disinflation

Global Banking & Finance

By Wayne Cole SYDNEY (Reuters) –Asian shares struggled with a slide in South Korea on Monday ahead of a packed week of central bank meetings that should see borrowing costs take a step lower, while U.S. inflation data are the last hurdle to a further policy easing there.

Stock 52
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Oil climbs as Assad’s fall brings more uncertainty to Middle East

Global Banking & Finance

By Yuka Obayashi and Siyi Liu TOKYO/SINGAPORE (Reuters) -Oil prices climbed on Monday after the fall of Syrian President Bashar al-Assad’s regime introduced greater uncertainty to the Middle East, although the gains were capped by a waning demand outlook for the coming year. Brent crude futures rose 36 cents, or 0.51%, to $71.

Trading 52
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Analysis-To Europe’s economic malaise, add a leadership void

Global Banking & Finance

By Giselda Vagnoni, Christoph Steitz and Joanna Plucinska (Reuters) – France and Germany’s political crises are a setback for efforts to modernise Europe’s struggling economy and are already making it harder for companies to take the investment decisions they need to compete globally.

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Rachel Reeves to push for UK/EU reset at finance ministers’ meeting

Global Banking & Finance

LONDON (Reuters) – Reducing Britain’s trade barriers with the European Union will improve the growth prospects of both, finance minister Rachel Reeves will tell her euro zone counterparts on Monday when she meets the group for the first time.

Finance 52
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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

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Demand for UK workers crashes in budget aftermath, REC survey shows

Global Banking & Finance

By Andy Bruce (Reuters) – Demand for workers in Britain collapsed last month after the new Labour government’s first budget, a survey published on Monday showed, adding to other signs of the impact of the tax increases on employers.

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Germany’s CompuGroup in talks about potential offer by CVC

Global Banking & Finance

(Reuters) – CompuGroup Medical, a German provider of healthcare software, said on Sunday it is in advanced talks to be acquired by CVC Capital Partners for a potential 22 euros ($23.24) per share. The deal is worth 1.14 billion euros based on CompuGroup’s 51.7 million shares outstanding, Reuters’ calculations showed.

Medical 52
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2024 will be the hottest year on record, EU scientists say

Global Banking & Finance

By Kate Abnett and Alison Withers BRUSSELS (Reuters) – This year will be the world’s warmest since records began, with extraordinarily high temperatures expected to persist into at least the first few months of 2025, European Union scientists said on Monday.

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At Gulf bitcoin gathering, Trump family and allies to bask in crypto industry’s euphoria

Global Banking & Finance

By Michelle Conlin NEW YORK (Reuters) -Several key players in President-elect Donald Trump’s new cryptocurrency venture head to Abu Dhabi on Monday for the largest bitcoin gathering in the Gulf region as the digital currency sets record highs.

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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.