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Image for EDF signs deals to help L’Oreal reach carbon neutrality targets by 2025

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EDF signs deals to help L’Oreal reach carbon neutrality targets by 2025

Image for Ford, LG Energy, Koc Holding team up for Turkish battery cell plant

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Ford, LG Energy, Koc Holding team up for Turkish battery cell plant

Image for UK economy’s unexpected bounce spurs more BoE rate hike talk

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UK economy’s unexpected bounce spurs more BoE rate hike talk

Image for ABO Digital Commits $25M to Extended Reality Metaverse Company Spheroid Universe

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ABO Digital Commits $25M to Extended Reality Metaverse Company Spheroid Universe

Image for Brand Metrics bolsters client services team as brand lift measurement booms

Brand Metrics bolsters client services team as brand lift measurement booms

Date: February 21, 2023

The global technology company appoints Agnes Asplund Schmidt as Customer Success Manager in response to client growth Global technology company Brand Metrics, which works with publishers to demonstrate the effectiveness of digital advertising, has appointed Agnes Asplund Schmidt to the role of Customer Success Manager as a growing number of clients choose its technology to...

Image for Nike, Adidas shoe supplier Pou Chen to slash 6,000 jobs in Vietnam -sources

Nike, Adidas shoe supplier Pou Chen to slash 6,000 jobs in Vietnam -sources

Date: February 21, 2023

HANOI (Reuters) -Taiwan’s Pou Chen Corp, the world’s largest maker of branded sports footwear, plans to cut around 6,000 jobs at its Ho Chi Minh City plant in Vietnam due to weak demand, two local officials familiar with the company’s plans said on Tuesday. The firm’s Pouyuen Vietnam factory will cut 3,000 jobs this month...

Image for HSBC signals rate rise profit windfall has peaked even as payouts rise

HSBC signals rate rise profit windfall has peaked even as payouts rise

Date: February 21, 2023

By Anshuman Daga and Lawrence White SINGAPORE/LONDON (Reuters) -HSBC dampened investors’ expectations of a sustained income bonanza from rising global interest rates, even after Europe’s biggest bank reported a 92% surge in quarterly profit and pledging more regular dividends and share buybacks. The London-headquartered bank said on Tuesday it would pay a special dividend of...

Image for Cricket-England’s absence robs WTC final of ‘Bazball’ buzz

Cricket-England’s absence robs WTC final of ‘Bazball’ buzz

Date: February 21, 2023

By Amlan Chakraborty NEW DELHI (Reuters) – This year’s World Test Championship (WTC) final will again be a party without hosts, leaving England fans wishing their team’s ‘Bazball’ revolution had been sparked a little earlier. Two years after losing to New Zealand in the inaugural WTC final in Southampton, India are on the verge of...

Image for Jaguar Land Rover opens three European self-driving tech hubs

Jaguar Land Rover opens three European self-driving tech hubs

Date: February 21, 2023

By Nick Carey LONDON (Reuters) – Luxury carmaker Jaguar Land Rover said on Tuesday it is opening three new engineering hubs in Europe to develop autonomous vehicle technologies as part of its partnership with Silicon Valley artificial intelligence company Nvidia. The hubs in Munich, Bologna and Madrid will develop self-driving systems for JLR’s next generation...

Image for Post-Brexit insurance reform clear before December, says BoE’s Woods

Post-Brexit insurance reform clear before December, says BoE’s Woods

Date: February 21, 2023

By Huw Jones LONDON (Reuters) -The Bank of England sought on Monday to allay fears among insurers that it was dragging its feet over a long-trailed and disputed reform of their capital rules, saying a “very good sense” of the changes would emerge well before December. Changing the rules, known as Solvency II, has become...