economy

Zoom forecasts upbeat revenue, expects boost from hybrid work

Zoom Video Communications Inc (ZM.O) on Tuesday forecast current-quarter revenue above estimates, as increased adoption of hybrid work models by…

4 years ago

EU reaches deal on tax transparency for multinational firms

European Union government and parliament negotiators reached a deal on Tuesday on rules that will force large multinational companies to…

4 years ago

REUTERS EVENTS Bank of England’s Bailey unconvinced by carbon capital rules

Bank of England Governor Andrew Bailey said on Tuesday there was no case yet for making financial institutions set aside…

4 years ago

Fed’s Brainard: more ‘progress’ on recovery ahead, though still far from goals

The United States is getting closer to the Fed's maximum employment and 2% inflation goals, Fed Governor Lael Brainard said…

4 years ago

OPEC+ seen sticking with supply plan with Iran’s oil yet to return

OPEC+ is likely to stick to the existing pace of gradually easing oil supply curbs at a meeting on Tuesday,…

4 years ago

Only 13% of NatWest staff to return to office full-time

Britain's NatWest (NWG.L) expects only about 13% of its staff to return to primarily office-based working, the lender said on…

4 years ago

World stocks hit another record, oil up in big data week

Global stocks again hit a record high and oil rose on Tuesday, as markets shrugged off concerns about rising inflation…

4 years ago

Nasdaq and Fortum join forces to develop carbon removal market

Financial services company Nasdaq (NDAQ.O) and Finnish state-owned utility Fortum (FORTUM.HE) have joined forces to develop a trading platform for…

4 years ago

Analysis: Chasing yield, U.S. private equity firms nudge up risk on insurers

Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns…

4 years ago

Daimler to pay Nokia patent fees, ending German legal spat

Daimler (DAIGn.DE) has agreed to pay Nokia (NOKIA.HE) for using its patents, ending a row that highlighted a battle between…

4 years ago