Uber rival Bolt seeks to turn profitable next year, IPO in 2025
STOCKHOLM (Reuters) – Estonian ride-hailing and food delivery startup Bolt expects to turn profitable in the next 12 months and ..
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Venture capital in Europe: a new study shows that 45% of VC investments fail or do not secure high returns
Venture capital (VC) is a critical source of funding for start-ups, particularly those that are just starting and have not..
Finance
What motivates Gen Z in the workplace?
Generation Z, also known as the ‘Digital Natives’” is the generation born between the mid-1990s to the early 2010s. ..
Business
U.S. dollar struggles, pound hits one-year high
By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remained relatively weaker against most of its major peer..
Finance
Oil climbs almost 3% as recession fears begin to fade
LONDON (Reuters) – Oil rose almost 3% on Monday as U.S. recession fears eased and some traders took the view that crude’s ..
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Pound hits one-year high against struggling dollar
SINGAPORE/LONDON (Reuters) – Sterling hit an over-one-year high against the dollar on Monday as the greenback began the week und..
News
Spain suspends trading in NH Hoteles, Thai parent offers to buy shares
MADRID/BANGKOK (Reuters) – Spanish stock market regulator CNMV on Monday suspended the trading of shares in NH Hotel Group SA pe..
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Volkswagen to name Bentley production chief as new Cariad head – sources
(Reuters) -Volkswagen will announce later on Monday the removal of the current leadership at its software unit Cariad, to be taken ove..
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“A great treat”: King Charles heralds weekend of coronation celebrations
LONDON (Reuters) – King Charles thanked singers who performed at a coronation concert in his honour at Windsor Castle for a R..
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Italy open to selling down MPS stake on market if terms, buyers are right – sources
ROME (Reuters) -Italy’s Treasury is open to reducing its 64% stake in Monte dei Paschi di Siena (MPS) through one or more share ..
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