business
Business
FX solutions will be a key leverage for businesses against a volatile pound
Business
Sharing vulnerability data is fundamental for customers’ mental health; here’s why
Business
Exclusive-Output of Apple iPhones at major China plant could fall 30% amid COVID curbs -source
Business
Global jobs growth will ‘deteriorate significantly’ this quarter – ILO
Volkswagen says supply jams here to stay as earnings stagnate
Date: October 28, 2022
By Victoria Waldersee BERLIN (Reuters) – Volkswagen said supply chain troubles were the new norm as it reported stagnated earnings in the third quarter, but the carmaker still expects growth in the autos market next year as some bottlenecks look likely to ease. The carmaker lowered its expectations for deliveries this year to be on...
Tighten the purse strings, or raise that P/O?
Date: October 28, 2022
A debate that will divide economists and business leaders the world over – but should businesses invest in financial technology and systems on the brink of a recession? Phil Douglas, Chief Executive Officer at Compleat Software, the purchase to pay software house, explains that businesses should consider a recession the ideal time to invest in...
Telenor looking to support Myanmar customers at risk
Date: October 28, 2022
OSLO (Reuters) -Norway’s Telenor said on Friday it is exploring ways to provide support to Myanmar telecom users facing digital security risks after its exit from the Southeast Asian nation this year. Following a military coup in Myanmar in 2021, Telenor announced the sale of its business there to avoid European Union sanctions after pressure...
BBVA’s higher provisions and costs overshadow third-quarter beat
Date: October 28, 2022
By Jesús Aguado MADRID (Reuters) – Higher loan-loss provisions at Spain’s BBVA and a rise in costs in some emerging markets overshadowed higher than expected third-quarter earnings, sending its shares lower on Friday. Higher lending income and profits in Mexico, its main market, helped the country’s second-biggest lender by market value to post a 31%...
Barry Callebaut raises the bar in bid to redefine chocolate making
Date: October 27, 2022
By Maytaal Angel LONDON (Reuters) – In a move it hopes will redefine the way chocolate is made, Swiss-based Barry Callebaut launched a new bar on Thursday, the fruit of more than 20 years of research into cocoa beans. The world’s biggest chocolatier said its “second generation” chocolate will use around 50% less sugar than...
Anti-Money Laundering Verification and Shell Corporations
Date: October 27, 2022
By Adam Holden, CEO at UK financial crime risk regulatory and compliance firm Northrow. Shell corporations are infamous for all the wrong reasons—both from a moral and regulatory compliance perspective. These organisations, which go by the name “ghost firms,” are regularly used to conceal unlawful cash and, more significantly, the identities of beneficial owners. Shell...