London stocks edge higher ahead of ECB rate decision; GSK slumps
London stocks edge higher ahead of ECB rate decision; GSK slumps By Pranav Kashyap (Reuters) -London stocks rose on Monday, mirroring ..
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Downturn in German manufacturing may be bottoming out, PMI shows
Downturn in German manufacturing may be bottoming out, PMI shows BERLIN (Reuters) – The downturn in Germany’s manufacturin..
Companies
Asian factory activity expands in May on robust global demand
Asian factory activity expands in May on robust global demand By Leika Kihara TOKYO (Reuters) -Asian factory activity expanded in May ..
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What S&P’s ratings downgrade means for France
What S&P’s ratings downgrade means for France By Leigh Thomas PARIS (Reuters) -Standard & Poor’s (S&P) decisio..
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Italian banks must invest more in technology, central bank says
Italian banks must invest more in technology, central bank says ROME (Reuters) – Technology investments by larger Italian banks ..
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UK supermarket sales set for Euro 2024 fillip, says NIQ
LONDON (Reuters) – The return of some warm weather in May helped drive sales growth at British supermarkets and they are set fo..
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Euro zone inflation rises in fresh signal for ECB caution
Euro zone inflation rises in fresh signal for ECB caution By Francesco Canepa FRANKFURT (Reuters) -Euro zone inflation rose in May, da..
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Pound heads for best monthly gain of 2024 ahead of US inflation
Pound heads for best monthly gain of 2024 ahead of US inflation LONDON (Reuters) – The pound headed on Friday for its best month..
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Dell shares slump as heavy AI investments expected to dent margin
(Reuters) -Dell Technologies shares tumbled about 18% on Friday, as the PC and server maker expects sizeable AI investments to dent i..
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Dollar slides after US inflation meets expectations in April
Dollar slides after US inflation meets expectations in April By Hannah Lang and Joice Alves NEW YORK/LONDON (Reuters) – The doll..
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Oil set for weekly loss ahead of OPEC+ meeting
By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Friday and were set for a weekly loss as investors awaited an OPEC+ meeting on S..
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Stocks lose steam after U.S. data
By Sinéad Carew and Huw Jones LONDON (Reuters) -MSCI’s global equities index gave up earlier gains on Friday after data showed ..
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European shares rise after US inflation data keeps Fed rate cut hopes alive
By Shubham Batra and Shashwat Chauhan (Reuters) -European shares rose on Friday after softer U.S. inflation data spurred hopes of int..
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London stocks end higher for third month
(Reuters) -London stocks closed higher on Friday, logging a third straight month of gains, as investors cheered an in-line inflation r..
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Nvidia set to overtake Apple as world’s second-most valuable company
By Medha Singh (Reuters) -Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the biggest be..
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EU approves Italian aid for $5.4 billion STMicro chip plant
CATANIA, Italy (Reuters) -The European Commission on Friday approved Italian state aid for STMicroelectronics to build a 5 billion eur..
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German retail sales fall more than expected in April
(Reuters) -German retail sales fell more than expected in April, decreasing by 1.2% compared with the previous month, dimming hopes t..
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Renault, Geely create joint venture for hybrid, combustion engines
(Reuters) -French automaker Renault and Chinese partner Geely announced a highly anticipated joint venture on Friday that will develop..
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Investors hold their breath for inflation data
A look at the day ahead in European and global markets from Ankur Banerjee The time for waiting is almost over as inflation reports fr..
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Analysis-Aircraft shortages turn into cash bonanza for some airlines
CHICAGO (Reuters) – Aircraft shortages are turning into a moneymaker for some airlines as the dearth of supply allows carriers t..
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India cenbank moves 100 tons of gold from UK to domestic vaults, TOI reports
BENGALURU (Reuters) – India’s central bank has moved a little more than 100 metric tons of gold from the UK to its domesti..
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Stocks regain some ground, bonds steady after rate angst sell-off
LONDON (Reuters) -European stocks edged higher on Thursday as bonds regained some ground after a sell-off the day before on bets that ..
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Britain’s creaking power grid leaves green energy revolution adrift
By Paul Sandle and Kate Holton PORTSMOUTH, England (Reuters) – British ferry operator Wightlink wants to order a $60 million, s..
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Battle over power pylons highlights Britain’s net zero challenge
WAVENEY VALLEY, England (Reuters) – Dot Matthie says she faces losing the use of the airstrip in her field because of a British ..
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Dollar trades around two-week high as U.S. bond yields surge
(Corrects days of 0.5% falls in paragraphs four and 11 to Wednesday, from Tuesday) By Harry Robertson and Kevin Buckland LONDON/TOKYO ..
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Birkenstock raises annual revenue forecast on strong footwear demand
(Reuters) – Birkenstock raised its annual revenue forecast on Thursday, as the German sandal maker bets on benefits from full-p..
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Italy April jobless rate falls to 6.9%, lowest since 2008
ROME (Reuters) – Italy’s unemployment rate declined to 6.9% in April from a downwardly revised 7.1% the month before, data..
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Brookfield enters deal to buy France’s Neoen for $6.6 billion
(Reuters) -Canada’s Brookfield said on Thursday that it, together with Brookfield Renewable Partners and Singapore’s Temas..
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Sneaker maker Golden Goose aims to list in Milan in June
MILAN (Reuters) – Italian luxury sneaker brand Golden Goose said on Thursday it aims to list on Milan’s Euronext in June...
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Airline SAS posts bigger Q2 loss, eyes end to restructuring
(Reuters) – Scandinavian airline SAS posted a bigger pretax loss for its fiscal second quarter compared to a year earlier and sa..
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German inflation higher than expected ahead of ECB rates decision
German inflation higher than expected ahead of ECB rates decision By Rachel More BERLIN (Reuters) -German inflation rose slightly more..
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Global unemployment to slightly fall in 2024, UN labour body says
Global unemployment to slightly fall in 2024, UN labour body says By Matteo Allievi (Reuters) -The global unemployment rate is expecte..
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Aplomado Investments & Fenton Whelan Real Estate (AFW) and GSM Middle East to launch a super-premium, British international School on Qetaifan Island North, Qatar
Aplomado Investments & Fenton Whelan Real Estate (AFW) and GSM Middle East to launch a super-premium, British international School..
Investment
China’s Geely to launch hybrids with more fuel-efficient engines
China’s Geely to launch hybrids with more fuel-efficient engines SHANGHAI (Reuters) – China’s Geely Holding Group on..
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German consumer sentiment recovers further heading into June
BERLIN (Reuters) – German consumer sentiment improved for the fourth month in a row heading into June as the outlook brightened..
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Uber to offer Seine cruises, day trips in Paris during Olympics rush
Uber to offer Seine cruises, day trips in Paris during Olympics rush (Reuters) – Uber Technologies unveiled a raft of measures o..
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BYD unveils new hybrid tech as battle with gasoline rivals heats up
BYD unveils new hybrid tech as battle with gasoline rivals heats up SHANGHAI (Reuters) -China’s BYD launched on Tuesday the late..
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