Virgin Galactic announces reverse stock split
Virgin Galactic announces reverse stock split (Reuters) -Space tourism company Virgin Galactic announced a 1-for-20 reverse stock spli..
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Gold rush to endure through 2024 though $3,000 mark may prove elusive
By Brijesh Patel and Ashitha Shivaprasad SINGAPORE (Reuters) – Gold’s lightning rally to successive record highs shows ev..
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French renewable energy sector says far-right victory risks trouble for industry
French renewable energy sector says far-right victory risks trouble for industry By Forrest Crellin and Benjamin Mallet PARIS (Reuters..
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Wall St rallies, dollar drops after cooler US inflation; Fed in the wings
Wall St rallies, dollar drops after cooler US inflation; Fed in the wings By Stephen Culp NEW YORK (Reuters) -U.S. stocks rallied and ..
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Germany’s May inflation rises 2.8% on higher services prices
Germany’s May inflation rises 2.8% on higher services prices By Maria Martinez BERLIN (Reuters) -German inflation rose in May du..
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UK economy shows no growth in April – ONS
UK economy shows no growth in April – ONS (Reuters) -A swift rebound in Britain’s economy in early 2024 came to a halt in ..
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Exclusive-Capital Group shakes up strategy to hit $4 trillion by 2031
Exclusive-Capital Group shakes up strategy to hit $4 trillion by 2031 By Iain Withers LONDON (Reuters) – Capital Group aims to g..
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Dollar calm ahead of inflation test, Fed decision
TOKYO (Reuters) – The dollar steadied on Wednesday after hitting a four-week high against peer currencies overnight as market p..
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Oil climbs on optimistic demand outlook
SINGAPORE (Reuters) -Oil prices ticked higher on Wednesday amid upbeat global demand views from the U.S. Energy Information Administra..
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Johnson & Johnson reaches $700 million talc settlement with US states
By Jonathan Stempel NEW YORK (Reuters) – Johnson & Johnson has agreed to pay $700 million to settle an investigation by 42 ..
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How Apple used Google’s help to train its AI models
By Max A. Cherney SAN FRANCISCO (Reuters) – On stage on Monday CEO Tim Cook’s Apple announced a splashy deal with OpenAI ..
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NASA, Boeing push back Starliner’s crewed return to June 18
WASHINGTON (Reuters) – NASA and Boeing said they expect to bring Starliner and its first astronaut crew back to Earth from the I..
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The future of AI in payment processing and POS systems
The future of AI in payment processing and POS systems AI is everywhere. And it’s impossible to ignore. It’s transforming every type o..
Finance
World Bank says global growth stabilizing but well below pre-pandemic levels
World Bank says global growth stabilizing but well below pre-pandemic levels By David Lawder WASHINGTON (Reuters) – The World Ba..
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Euro, French bonds and stocks struggle on election uncertainty
Euro, French bonds and stocks struggle on election uncertainty By Alun John and Wayne Cole LONDON/SYDNEY (Reuters) -French bonds fell ..
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Apple’s AI push could reinvigorate iPhone sales as customers look to upgrade
Apple’s AI push could reinvigorate iPhone sales as customers look to upgrade By Jeffrey Dastin and Aditya Soni SAN FRANCISCO (Re..
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Is Colocation back in fashion?
Is Colocation back in fashion? By Terry Storrar, managing director, Leaseweb UK Colocation has long been recognised as a l..
Business
European shares steady after French political tremors, eyes on Fed
European shares steady after French political tremors, eyes on Fed By Shristi Achar A (Reuters) -European shares were rangebound on Tu..
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French investor Layani wins bid for last-minute Atos restructuring
French investor Layani wins bid for last-minute Atos restructuring By Tassilo Hummel PARIS (Reuters) -French tech group Atos has picke..
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Golden Goose targets $2 billion market cap in Milan IPO
MILAN (Reuters) – Golden Goose is aiming for a market capitalization of up to 1.86 billion euros ($2 billion) in its initial pu..
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HSBC adds over 300 to China headcount after Citi wealth acquisition
HSBC adds over 300 to China headcount after Citi wealth acquisition HONG KONG (Reuters) – HSBC said on Tuesday it had boosted it..
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Spain’s Criteria drops takeover plan for Naturgy with Abu Dhabi’s TAQA
Spain’s Criteria drops takeover plan for Naturgy with Abu Dhabi’s TAQA By Jesús Aguado and Pietro Lombardi MADRID (Reuters..
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How CEOs must empower their IT teams to achieve efficiency in asset management
How CEOs must empower their IT teams to achieve efficiency in asset management By David Furby, Chief Executive Officer, and Founder, N..
Digital
Macron’s shock election call rocks euro and French markets
By Dhara Ranasinghe and Amanda Cooper LONDON/SINGAPORE (Reuters) -The euro fell while French stocks and bonds tumbled on Monday, foll..
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AI is sole focus at Apple’s annual conference
By Aditya Soni and Stephen Nellis (Reuters) – Apple is expected to showcase how it is integrating artificial intelligence acros..
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Tesla turns to Musk’s small shareholder fans to back $56 billion payday
Tesla turns to Musk’s small shareholder fans to back $56 billion payday By Ross Kerber (Reuters) – With major Tesla shareh..
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Nokia CEO makes world’s first ‘immersive’ phone call
Nokia CEO makes world’s first ‘immersive’ phone call By Supantha Mukherjee STOCKHOLM (Reuters) – Nokia CEO Pek..
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Exclusive-BP tightens workplace relationships policy after Looney dismissal
LONDON (Reuters) – BP employees must disclose any intimate relationships with colleagues or risk losing their jobs, the oil majo..
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Shein’s pre-IPO charm offensive hits roadblocks in Europe
By Helen Reid and James Davey LONDON (Reuters) -As online fast-fashion retailer Shein ramps up its pre-IPO charm offensive in Britain..
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Euro falls in warning sign for markets after Macron calls snap France vote
Euro falls in warning sign for markets after Macron calls snap France vote By Dhara Ranasinghe LONDON/SINGAPORE (Reuters) -The euro sk..
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UK job market on its way back after downturn, recruiters say
UK job market on its way back after downturn, recruiters say LONDON (Reuters) – A fall in permanent hiring by employers in Brita..
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Global stocks dip, Treasuries flail as strong jobs data douses Fed cut hopes
Global stocks dip, Treasuries flail as strong jobs data douses Fed cut hopes By Naomi Rovnick and Koh Gui Qing NEW YORK/LONDON (Reuter..
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Microsoft to double down on Game Pass at Xbox showcase with ‘Call of Duty’ title
Microsoft to double down on Game Pass at Xbox showcase with ‘Call of Duty’ title By Zaheer Kachwala (Reuters) – Micr..
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GameStop spooks investors with share sale, results ahead of “Roaring Kitty” livestream
By David Randall and Sruthi Shankar (Reuters) -GameStop posted a decline in quarterly sales and said it would sell up to 75 million s..
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US dollar rallies after stronger-than-expected jobs report
US dollar rallies after stronger-than-expected jobs report By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -Th..
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Indian PM Modi’s coalition presents claim to form new government
Indian PM Modi’s coalition presents claim to form new government By Sarita Chaganti Singh, Shivam Patel and Nigam Prusty NEW DEL..
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Bellway lifts house price outlook after strong spring season
Bellway lifts house price outlook after strong spring season By Aby Jose Koilparambil (Reuters) – British homebuilder Bellway ra..
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