Top Stories – Global Banking & Finance Review │ Banking │ Finance │ Technology https://www.globalbankingandfinance.com Get the latest on Banking, Finance, Technology, Insurance and much more for Free. No Paywalls, News, Reviews, Analysis, Opinion & more. Mon, 29 May 2023 08:12:31 +0000 en-GB hourly 1 https://wordpress.org/?v=6.2.2 European shares rise on US debt deal optimism https://www.globalbankingandfinance.com/european-shares-rise-on-us-debt-deal-optimism/ Mon, 29 May 2023 08:12:31 +0000 https://www.globalbankingandfinance.com/?p=474626 European shares rise on US debt deal optimism (Reuters) – European shares rose on Monday as investors drew comfort from a tentative deal reached by U.S. lawmakers to raise the debt ceiling and avert a default. The euro zone stocks index climbed 0.4% by 0715 GMT, with the bloc’s banks among the top gainers. Trading […]]]> Oil gains after US leaders strike debt deal https://www.globalbankingandfinance.com/oil-gains-after-us-leaders-strike-debt-deal/ Mon, 29 May 2023 07:23:03 +0000 https://www.globalbankingandfinance.com/?p=474624 Oil gains after US leaders strike debt deal By Florence Tan and Mohi Narayan (Reuters) -Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world’s largest economy and oil consumer, although concerns about further interest rate hikes capped gains. Brent crude futures climbed 45 […]]]> Nvidia, MediaTek partner on connected car technology https://www.globalbankingandfinance.com/nvidia-mediatek-partner-on-connected-car-technology/ Mon, 29 May 2023 06:39:11 +0000 https://www.globalbankingandfinance.com/?p=474622 Nvidia, MediaTek partner on connected car technology By Joseph White DETROIT (Reuters) – Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers using artificial intelligence. Under the agreement, announced at the Computex technology trade show […]]]> Britain’s Prime Minister Sunak congratulates Erdogan on election win https://www.globalbankingandfinance.com/britains-prime-minister-sunak-congratulates-erdogan-on-election-win/ Mon, 29 May 2023 06:37:17 +0000 https://www.globalbankingandfinance.com/?p=474620 Britain’s Prime Minister Sunak congratulates Erdogan on election win (Reuters) – Britain’s Prime Minister Rishi Sunak on Sunday congratulated Turkish President Tayyip Erdogan on his re-election in Turkey’s presidential election. Prime Minister Sunak reiterated strong relationship between United Kingdom and Turkey, as economic partners and close NATO allies, according to a Downing Street statement.   […]]]> Japan startup’s failed moon landing caused by altitude miscalculation, company says https://www.globalbankingandfinance.com/japan-startups-failed-moon-landing-caused-by-altitude-miscalculation-company-says/ Fri, 26 May 2023 18:05:46 +0000 https://www.globalbankingandfinance.com/?p=474614 Japan startup’s failed moon landing caused by altitude miscalculation, company says TOKYO (Reuters) -Japanese startup ispace inc’s failed Hakuto-R moon landing mission last month was caused by an altitude miscalculation that meant the spacecraft ran out of fuel, the company said on Friday. Tokyo-based ispace lost connection with the Hakuto-R Mission 1 lander after the […]]]> France, Netherlands call for EU climate clampdown on private jets https://www.globalbankingandfinance.com/france-netherlands-call-for-eu-climate-clampdown-on-private-jets/ Fri, 26 May 2023 17:57:53 +0000 https://www.globalbankingandfinance.com/?p=474612 France, Netherlands call for EU climate clampdown on private jets By Kate Abnett BRUSSELS (Reuters) – Austria, France, Ireland and the Netherlands have called on the European Union to toughen laws to curb the impact of private jet travel on the climate, a document showed. The countries are home to some of the busiest airports […]]]> Celine Dion cancels rest of world tour due to medical condition https://www.globalbankingandfinance.com/celine-dion-cancels-rest-of-world-tour-due-to-medical-condition/ Fri, 26 May 2023 17:54:05 +0000 https://www.globalbankingandfinance.com/?p=474610 Celine Dion cancels rest of world tour due to medical condition (Reuters) – Canadian pop singer Celine Dion announced on Friday that she was canceling the European stretch of her world tour, scheduled to resume this summer, due to a medical condition that makes it difficult for her to perform. The announcement comes four months […]]]> Italy’s Industry Ministry reports ‘heavy’ cyberattack https://www.globalbankingandfinance.com/italys-industry-ministry-reports-heavy-cyberattack/ Fri, 26 May 2023 13:39:32 +0000 https://www.globalbankingandfinance.com/?p=474604 Italy’s Industry Ministry reports ‘heavy’ cyberattack MILAN (Reuters) – The Italian Industry Ministry’s web portal and applications were hit by a “heavy cyberattack” on Friday and were out of order, it said. Technicians were working to “mitigate the consequences” of the attack, it wrote in a statement, adding that initial checks showed no evidence of […]]]> Engie, Amazon inaugurate Italy’s biggest agrivoltaic farm https://www.globalbankingandfinance.com/engie-amazon-inaugurate-italys-biggest-agrivoltaic-farm/ Fri, 26 May 2023 12:42:32 +0000 https://www.globalbankingandfinance.com/?p=474601 Engie, Amazon inaugurate Italy’s biggest agrivoltaic farm MILAN (Reuters) – France’s Engie and Amazon on Friday cut the ribbon of Italy’s biggest agrivoltaic farm with the aim to supply green energy to the Italian unit of the e-commerce giant. The farm, near the Sicilian city of Trapani, will create power through photovoltaic panels placed high […]]]>