How some hedge funds would trade a rate cutting cycle
By Nell Mackenzie LONDON (Reuters) -While many investors hope falling interest rates will usher in a soft economic landing, others for..
Investment
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UK’s Asda says retail veteran Stuart Rose to lead business
By James Davey LONDON (Reuters) -British supermarket group Asda, which has been losing market share, said its chairman, veteran..
News
Oil prices edge higher on US crude stocks, market awaits Fed decision
By Laila Kearney NEW YORK (Reuters) -Oil prices were up on Wednesday on falling crude inventories in the United States, whiles the mar..
News
Spain allows BlackRock to take 20% stake in Naturgy, Cinco Dias reports
MADRID (Reuters) – The Spanish government has authorised BlackRock to take the 20% stake in power utility Naturgy it boug..
News
UK inflation holds at 2.2% but services prices keep BoE on alert
By Suban Abdulla LONDON (Reuters) -British inflation held steady in August but sped up in the services sector which is closely ..
News
With Fed’s rate cut at hand, debate swirls over how big a move
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve on Wednesday almost certainly will lower interest rates fo..
News
Morning Bid: Traders still guessing in final Fed countdown
A look at the day ahead in European and global markets from Kevin Buckland With just hours until one of the most highly anticip..
News
UAW to hold strike votes at Stellantis local chapters, union president says
By Nora Eckert and Abhirup Roy DETROIT (Reuters) -The United Auto Workers union plans to hold strike authorization votes at one..
News
French central bank sees consumer gains easing budget pains
PARIS (Reuters) – France’s economy is set to gain momentum in the coming two years as lower inflation boosts consum..
Business
Instagram rolls out teen accounts with privacy, parental controls as scrutiny mounts
(Reuters) – Meta Platforms is rolling out enhanced privacy and parental controls for Instagram accounts of users under 18 in a s..
News
French central bank sees consumer gains easing budget pains
PARIS (Reuters) – France’s economy is set to gain momentum in the coming two years as lower inflation boosts consumer spen..
News
Oil prices rise on supply shocks, prospect of US interest rate cuts
By Shariq Khan and Arunima Kumar NEW YORK (Reuters) -Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and..
News
Europe’s STOXX 600 at two-week closing high in lead-up to Fed rate decision
By Shubham Batra and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 recorded its highest closing level in two-weeks on Tuesday, ..
Investment
US stocks, dollar rise with eyes on Fed and strong data
By Isla Binnie NEW YORK (Reuters) -U.S. stocks followed European peers higher and the dollar firmed on Tuesday, as unexpectedly strong..
Finance
US dollar strengthens ahead of Fed rate cut move
By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar strengthened against most major currencies on Tuesday following better-than-exp..
Finance
Oil prices climb on hurricane impact ahead of US rate decision
By Nicole Jao NEW YORK (Reuters) -Oil prices rose on Monday as the ongoing impact of Hurricane Francine on output in the U.S. G..
News
FTSE 100 rises ahead of key central bank meetings
By Khushi Singh and Lisa Pauline Mattackal (Reuters) -London’s benchmark stock indexes ended higher on Monday, led by gai..
Finance
Daimler Truck eyes half of Europe sales from EVs in 2030
By Ilona Wissenbach and Andrey Sychev HANOVER, Germany (Reuters) -Daimler Truck, one of the world’s biggest commercial ve..
News
BP to sell its US onshore wind business
(Reuters) -BP plans to sell its U.S. onshore wind energy business, it announced on Monday, saying the assets were not aligned with its..
Business
Czech Republic reported bird flu outbreak on farm, WOAH says
PARIS (Reuters) – The Czech Republic has reported an outbreak of the highly pathogenic H5N1 strain of avian influenza, or..
News
Six ticks develops pioneering relational database-integrated blockchain
Innovative solution combines speed and efficiency of relational databases with immutability of blockchain Integrated technology will r..
Innovation
US dollar hits more than one-year low as market eyes aggressive Fed rate cut
By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar fell to a more than one-year low versus the yen on Mond..
Finance
US stocks mixed, dollar weak on rate cut expectations
By Isla Binnie and Amanda Cooper NEW YORK/LONDON (Reuters) -Major stock indexes were mixed at the New York open on Monday and the doll..
Finance
US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut
(This Sept. 13 story has been refiled to remove Mellon in BNY company name in paragraph 8) By Gertrude Chavez-Dreyfuss and Chibuike ..
Finance
Central Europe factories and retailers shut in flood-hit areas
By Jan Lopatka PRAGUE (Reuters) -Factories and stores across central Europe shut down production lines and closed their doors on Monda..
Business
Nvidia’s stock market dominance fuels big swings in the S&P 500
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Nvidia’s huge stock rally is still exerting an outsized influence over the S&P 500 ..
Companies
India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
By Aditya Kalra NEW DELHI (Reuters) -Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Fl..
News
UK’s embattled manufacturers see brighter days, Make UK/BDO survey shows
By Andy Bruce (Reuters) – British manufacturers grappling with falling output and fading growth in new orders see better ..
News
British ministers head to Gulf for talks on new trade deal
(Reuters) – Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a p..
Finance
UK’s Domino’s Pizza plans to hire 5,000 staff ahead of peak holiday season
(Reuters) – Britain’s Domino’s Pizza Group said on Monday that it plans to hire 5,000 staff across the UK and..
Business
Saipem wins $4 billion contract from QatarEnergy
(Reuters) – Italian energy engineering group Saipem said on Sunday it had won an offshore contract worth $4 billion from ..
Business
Cricket-Rain washes out England v Australia final T20 with series drawn
MANCHESTER, England (Reuters) – The decisive Twenty20 clash of the three-match series between England and Australia was a..
News
Shanghai braces for direct hit from Typhoon Bebinca
By Samuel Shen and Ryan Woo SHANGHAI/BEIJING (Reuters) -Shanghai halted transportation links, recalled ships and shut tourism s..
News
Gold bulls set sights on previously dismissed record $3,000/oz milestone
By Anushree Ashish Mukherjee and Anjana Anil (Reuters) – Gold market bulls are locking in bullion prices surging to fresh record..
Finance
Poland’s Intel plant gets EU green light for $1.9 billion in state support
WARSAW (Reuters) -The European Commission has given Poland a green light to support an Intel chip assembly and testing plant with more..
Companies
US locks in steep China tariff hikes, many to start Sept. 27
By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty o..
Business
Greece asks EU for urgent response to soaring power prices, letter shows
By Angeliki Koutantou and Kate Abnett ATHENS/BRUSSELS (Reuters) – Greece’s prime minister has asked the EU to urgently res..
News