Top Stories
Top Stories
Novartis says operating profit to grow again in 2023
Top Stories
Asia’s factory activity contracts despite China’s COVID reopening
Top Stories
UK shop price inflation hits record 8% in January: BRC
Top Stories
Wage data dents dollar recovery before Fed rate decision
Lumen Research hires Senior Director of Marketing and appoints new Chief Operating Officer and Chief Strategy Officer
Date: January 31, 2023
The continued expansion of the team across continents follows increasing global demand for Lumen’s ground-breaking attention measurement Lumen Research, the global attention technology company, has appointed Blaise Lucey as Senior Director of Marketing and promoted Tanwa Edu to Chief Strategy Officer and Arthur Cole to Chief Operating Officer as the business continues to expand globally,...
Mobile phone, PC shipments to fall again in 2023, Gartner says
Date: January 31, 2023
By Supantha Mukherjee STOCKHOLM (Reuters) – Shipments of personal computers and mobile phones are expected to fall for the second straight year in 2023, with phone shipments slumping to a decade low, IT research firm Gartner said on Tuesday. Mobile phone shipments are projected to fall 4% to 1.34 billion units in 2023, down from...
Norway wealth fund posts record $164 billion loss
Date: January 31, 2023
By Victoria Klesty OSLO (Reuters) – Norway’s wealth fund, one of the world’s largest investors, posted a record loss of 1.64 trillion crowns ($164.4 billion) for 2022, bringing to an end a three-year run of soaring profits as stocks and bonds were hit by the Ukraine war and inflation. The previous largest loss was 633...
Dutch telecom KPN locks in 2023 targets helped by cost controls
Date: January 31, 2023
(Reuters) -Dutch telecoms company KPN NV aims to slightly improve its core profit this year, it confirmed on Tuesday, supported by cost savings that should also boost its cash flow. Soaring consumer prices and slowing economies are creating new challenges for telecom operators, who have seen profitability eroded in recent years by cut-throat competition and...
UBS sounds cautious note for year ahead after booking quarterly profit rise
Date: January 31, 2023
By Noele Illien ZURICH (Reuters) -UBS Group AG predicted an “uncertain” year ahead plagued by accelerating inflation and higher interest rates on Tuesday after the Swiss bank beat estimates in its latest quarter. The world’s largest wealth manager kicked off a round of reporting for major European banks, many of which have been cutting jobs...
Athletics-Farah returns for London Marathon before likely 2023 retirement
Date: January 31, 2023
(Reuters) -Britain’s four-times Olympic champion Mo Farah said on Tuesday he expects 2023 to be the final year of his career, after confirming he will give his home London Marathon “one more shot” in April. Farah, who withdrew from last year’s event due to injury, has run the London Marathon three times with a best...