Investors are looking for clues about consumer health as the holiday shopping season begins

NEW YORK, Nov 25 (Reuters) – Investors are closely watching U.S. retail stocks as a barometer of consumer confidence as inflation bites as the most important shopping season of the year opens on Friday. Consumer discretionary stocks, as measured by the S&P 500 Consumer Discretionary sector — the group of companies that profit from retail, … Read more

Deal-hungry UAE IHC plans IPOs of healthcare and IT businesses

Pure Health’s IPO is expected to raise more than $1 billion, CEO says Tech IPO targets in Q3 with $1bn in assets It is considering an IPO of International Energy Holding next year Planning purchases this year and next year, looking for a substantial loan ABU DHABI, Nov 24 (Reuters) – International Holding Company ( … Read more

As recession looms, British business sends loan SOS

Loans are more expensive, with stricter terms, as banks weigh the risks Some business owners use their own money to bridge the gaps The financial crisis could deal another economic blow to Britain LONDON, Nov 17 (Reuters) – As inflation skyrockets and recession looms, many British firms are struggling to secure affordable bank funding, increasing … Read more

Tech firms and startup investing continue to grow strongly despite market turmoil

Despite global market turmoil in the first half of 2022, investor demand for tech startups shows no signs of abating. In the first half of 2022, USD 133 billion in venture capital funding was raised globally. Considering that the total amount raised in 2021 was US$209 billion, a record high since 2000, 2022 looks set … Read more

Technology sharing is a stumbling block as Renault and Nissan decide to reset, sources say

PARIS/TOKYO, Oct 23 (Reuters) – Technology sharing has emerged as a sticking point between Renault SA ( RENA.PA ) and Nissan Motor Co Ltd ( 7201.T ) as the two negotiate a review of their long-standing partnership, two people told Reuters people familiar with the discussions. The French and Japanese automakers said this month they … Read more

Why PySyft is the hero open source technology the world needs

Data is the most valuable resource we have today when it comes to solving our biggest challenges. With the right data, and enough of it, there’s no limit to the compelling use cases we can create. Imagine a world where we could stop financial crimes like money laundering, help reduce the number of deaths due … Read more

CVC’s funeral business is betting on brisk market growth

A huge dragon structure at the Nirvana Memorial Park just outside Malaysia’s capital Kuala Lumpur on June 23. The air-conditioned dragon structure houses gilded urn compartments, home to 6,700 urns for cremated ashes. The photo was taken on June 22, 2000. Sign up now for FREE unlimited access to Reuters.com I am registering HONG KONG, … Read more

How technology and data can be used to drive marketer performance

The volume and efficiency of cross-border payments have increased significantly over the past decade. Statista data shows that in 2018, cross-border payments worth US$124 trillion were made. In 2022, this has risen to $150.7 trillion. Based on this transaction data, it is predicted that the volume of cross-border payments will continue to grow each year. … Read more

Top scientists join forces to explore leading theory behind long COVID

A patient suffering from Long COVID is examined at the post-coronavirus disease (COVID-19) clinic of Ichilov Hospital in Tel Aviv, Israel, February 21, 2022. Picture taken February 21, 2022. REUTERS/Amir Cohen/File photo Sign up now for FREE unlimited access to Reuters.com I am registering CHICAGO, Sept 8 (Reuters) – Leading scientists from leading academic centers … Read more

Apple unveils new Ultra Watch for adventure sports, iPhone upgrades expected

Sign up now for FREE unlimited access to Reuters.com I am registering Sept 7 (Reuters) – Apple Inc ( AAPL.O ) on Wednesday unveiled a trio of new Apple Watches, including a new Watch Ultra model aimed at extreme sports and diving, testing the willingness of its consumer base to keep buying new products amid … Read more