Explore

Reuters Reuters
Morning Bid: So much news, so little time

Morning Bid: So much news, so little time

By Anna Szymanski May 1 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!  This week promised to be one of the year’s most eventful thus far – and it lived up to the billing.
Trendline Trendline
Intuit QuickBooks Launches 'Outdo It' Campaign to Support Small Business Owners with AI

Intuit QuickBooks Launches 'Outdo It' Campaign to Support Small Business Owners with AI

Intuit QuickBooks Launches 'Outdo It' Campaign to Support Small Business Owners with AI
Reuters Reuters
Explainer-What would Japanese intervention to boost a weak yen look like?

Explainer-What would Japanese intervention to boost a weak yen look like?

By Makiko Yamazaki and Satoshi Sugiyama TOKYO, May 1 (Reuters) - Japan intervened to support the yen against the U.S. dollar on Thursday, sources familiar with the matter told Reuters, in their latest attempt to stem a selloff worsened by a spike in oil prices linked to the Iran war.
Trendline Trendline
2i Acquires Planit UK to Strengthen Position in Quality Assurance Market

2i Acquires Planit UK to Strengthen Position in Quality Assurance Market

2i Acquires Planit UK to Strengthen Position in Quality Assurance Market
Reuters Reuters
Japanese yen jumps against dollar hours after intervention

Japanese yen jumps against dollar hours after intervention

LONDON, May 1 (Reuters) - The yen suddenly jumped against the dollar on Friday, a day after Tokyo authorities were widely believed to have intervened to prop up the Japanese currency. The dollar fell by as much as 0.66% to a session low of 155.60 from 157.12 earlier.
Trendline Trendline
W.W. Norton Partners with Batch for Books to Enhance Payment Management

W.W. Norton Partners with Batch for Books to Enhance Payment Management

W.W. Norton Partners with Batch for Books to Enhance Payment Management
Rapid Read Rapid Read
Sri Lanka Loses Over $3 Million in Cyberattacks Amid Economic Recovery Efforts

Sri Lanka Loses Over $3 Million in Cyberattacks Amid Economic Recovery Efforts

Sri Lanka has suffered financial losses exceeding $3 million due to two recent cyberattacks. These incidents involved business email compromise, where hackers infiltrated email systems to redirect payments to unauthorized accounts. One notable case involved a missing payment of $625,000 intended for the U.S. Postal Service. Additionally, $2.5 million was stolen from the Sri Lankan Ministry of Finance. The country, still recovering from a 2022 debt crisis, is investigating these cybercrimes to determine if they are connected.
Rapid Read Rapid Read
UAE's Economic Diversification Enhances Stability Amid Global Challenges

UAE's Economic Diversification Enhances Stability Amid Global Challenges

The United Arab Emirates (UAE) is maintaining its stability and appeal for international investment despite ongoing geopolitical tensions. The country has diversified its economy beyond oil revenues, expanding into sectors such as tourism, logistics, finance, technology, and sustainable energy. This diversification has made the UAE more adaptable to external pressures and attractive to entrepreneurs and international companies. Dubai, in particular, is positioned as a gateway to regional and global markets, supported by clear regulations and efficient business infrastructure. The UAE's strong security framework and business-friendly legal environment further bolster its reputation as a safe and stable place for high-net-worth individuals and international investors.
Rapid Read Rapid Read
PMI Report Highlights Urgent Construction Talent Gap in MENA Region

PMI Report Highlights Urgent Construction Talent Gap in MENA Region

The Project Management Institute (PMI) has released a report detailing a significant talent gap in the construction sector across the MENA region. The report projects a need for up to 330,794 construction project management professionals by 2035, a 32% increase from 2025 levels. However, the region faces a potential shortfall of 111,737 professionals, which could hinder the completion of critical infrastructure projects. The report identifies several challenges, including the perception of construction careers as demanding, a gender inclusion gap, and a lag in technology adoption. These issues are compounded by the need for structured career pathways and professional development opportunities.
Reuters Reuters
Yen trims gains against dollar after Japan's intervention in markets

Yen trims gains against dollar after Japan's intervention in markets

By Rocky Swift TOKYO, May 1 (Reuters) - The yen eased slightly against the dollar on Friday, but was still poised for its steepest weekly gain in more than two months after Japanese authorities stepped in to lift the currency from near two-year lows.
Reuters Reuters
Dollar holds firm after Fed raises inflation alarm, yen slips past 160

Dollar holds firm after Fed raises inflation alarm, yen slips past 160

By Jiaxing Li HONG KONG, April 30 (Reuters) - The dollar hovered near its highest in more than two weeks on Friday after some Federal Reserve policymakers turned hawkish, sending yields to a one-month top, while the Japanese yen's break above 160 sharpened focus on intervention risks.
Reuters Reuters
Goldman says UAE's exit from OPEC raises medium-term oil supply upside risk

Goldman says UAE's exit from OPEC raises medium-term oil supply upside risk

April 29 (Reuters) - Goldman Sachs on Wednesday said the United Arab Emirates exit from OPEC poses a greater upside risk to oil supply over the medium term than in the short term.