Bank of England clears path for its first rate cut since 2020
By William Schomberg, David Milliken and Suban Abdulla LONDON (Reuters) -The Bank of England paved the way on Thursday for the start ..
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STOXX 600 ends at record high; BBVA weighs on Spain
STOXX 600 ends at record high; BBVA weighs on Spain By Ankika Biswas and Johann M Cherian (Reuters) -Europe’s benchmark index in..
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Stocks gain as European shares hit new highs, dollar slips
Stocks gain as European shares hit new highs, dollar slips By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – World stoc..
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Europe’s rush for rate cuts shifts global market power away from US
Europe’s rush for rate cuts shifts global market power away from US By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – ..
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Digital Solutions for Streamlining Business Expense Management
Introduction: Managing business expenses is a critical aspect of running a successful organization. In the past, businesses relied ..
Business
Telefonica tops forecast with 79% surge in Q1 profit
Telefonica tops forecast with 79% surge in Q1 profit By Inti Landauro MADRID (Reuters) – Spain’s Telefonica beat forecasts..
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Brembo Q1 operating profit rises on record sales
Brembo Q1 operating profit rises on record sales (Reuters) – Italian premium brake maker Brembo posted on Thursday an 8.5% yearl..
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Stocks stall near record highs, pound poised for BoE
By Marc Jones LONDON (Reuters) – World stocks were taking a well-earned breather on Thursday after a strong few weeks and ahead..
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Spain’s BBVA turns hostile with $13 billion takeover bid for Sabadell
Spain’s BBVA turns hostile with $13 billion takeover bid for Sabadell By Jesús Aguado MADRID (Reuters) -Spanish bank BBVA presen..
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ITV forecasts 12% jump in Q2 ad revenue on Euros demand
LONDON (Reuters) – Britain’s ITV said its advertising revenue would jump by around 12% in the second quarter, four times ..
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TIM CEO sees potential benefits of almost 5 billion euros from new business plan – paper
TIM CEO sees potential benefits of almost 5 billion euros from new business plan – paper ROME (Reuters) – The CEO of Telec..
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Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey
Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey By Brijesh Patel (Reuters) – The platinum market face..
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FTSE 100 hits record high, pound slips ahead of BoE verdict
By Pranav Kashyap, Shubham Batra and Khushi Singh (Reuters) -The UK’s FTSE 100 benchmark stock index scaled new highs on Wednes..
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Puma upbeat on growing demand, shares jump
By Linda Pasquini and Helen Reid (Reuters) -A return to growth in the Americas helped Puma meet first-quarter sales forecasts and its..
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Uber shares tumble as weaker ride-share demand hurts Q2 forecast
By Yuvraj Malik (Reuters) -Uber posted a surprise quarterly loss and forecast gross bookings below Wall Street expectations, sending ..
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Oil prices rise after US crude stocks fall more than expected
By Nicole Jao NEW YORK (Reuters) -Oil prices edged higher on Wednesday after U.S. oil storage data showed a larger-than-expected draw..
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Olympics-Flame arrives in Marseille amid tight security
Olympics-Flame arrives in Marseille amid tight security By Clotaire Achi and Julien Pretot MARSEILLE, France (Reuters) – The Oly..
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Understanding the Role of Technology in Financial Planning
Understanding the Role of Technology in Financial Planning Introduction: Financial planning is an essential aspect of managing oneR..
Finance
UK tells tech firms to ‘tame algorithms’ to protect children
By Paul Sandle LONDON (Reuters) – Social media platforms like Facebook, Instagram and TikTok will have to “tame” th..
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British pub group JD Wetherspoon expects profit at upper end of market forecast
British pub group JD Wetherspoon expects profit at upper end of market forecast (Reuters) – British pub group J D Wetherspoon on..
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Alstom to ask shareholders for $1 billion in rights issue to slash debt
(Reuters) – French train maker Alstom on Wednesday said it would ask shareholders for around 1 billion euros ($1 billion) throu..
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Munich Re Q1 net profit up 68%, in line with preliminary figures
Munich Re Q1 net profit up 68%, in line with preliminary figures FRANKFURT (Reuters) – The German reinsurer Munich Re on Wednesd..
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Exclusive-Amazon breaks into Europe 5G networks with Telefonica cloud deal
Exclusive-Amazon breaks into Europe 5G networks with Telefonica cloud deal By Supantha Mukherjee STOCKHOLM (Reuters) – Telefonic..
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Stocks rally anew on US rate cut hopes; dollar steady
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global shares traded close to one-month highs on Tuesday, boosted by rev..
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Meta to expand AI image generation offerings for ads
NEW YORK (Reuters) – Meta Platforms, the parent company of Facebook and Instagram, said on Tuesday it was expanding its suite o..
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UK’s FTSE 100 notches record closing high in broad rally
By Shubham Batra, Pranav Kashyap and Medha Singh (Reuters) -The UK’s FTSE 100 notched a record closing high on Tuesday in a bro..
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Race for Europe’s first ‘real-time’ stock trade tape heats up
By Huw Jones LONDON (Reuters) – Banks and asset managers are vying with Europe’s exchanges to develop technology that can dee..
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US dollar edges lower but up against yen, Aussie
By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar slipped on Tuesday but strengthened against the Japanese yen as expec..
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Apple unveils new AI-focused chip in upgraded iPad Pro
By Stephen Nellis (Reuters) -Apple unveiled its latest iPad Pro on Tuesday with a new chip for artificial intelligence computing as..
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Understanding the Role of Digital Currencies in Modern Banking
Understanding the Role of Digital Currencies in Modern Banking Introduction: Digital currencies, such as Bitcoin and Ethereum, have ..
Digital
‘Livestream’ shopping thwarts some high-tech tools to stop fake merch
By Arriana McLymore NEW YORK (Reuters) – Livestream shopping where buyers and sellers transact in real-time video is growing in..
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UK construction growth hits 14-month high in April, PMI survey shows
(Reuters) – British construction companies enjoyed their fastest expansion in more than a year during April, despite a further ..
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UBS shares soar as profit smashes forecasts, share buyback plans affirmed
ZURICH (Reuters) – UBS on Tuesday reported first-quarter profit that trounced forecasts and said it was sticking with plans for ..
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Saudi Aramco maintains $31 billion dividend despite lower Q1 net income
By Hadeel Al Sayegh DUBAI (Reuters) -Saudi Arabian state-owned oil giant Aramco expects to pay $31 billion in dividends to the Saudi ..
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People with two copies of a risk gene have genetic form of Alzheimer’s, scientists say
By Julie Steenhuysen CHICAGO (Reuters) -People who carry two copies of the APOE4 gene are virtually guaranteed to develop Alzheimer&#..
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European shares close at highest in a week; Indra surges
European shares close at highest in a week; Indra surges By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed at th..
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Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
Microsoft readies new AI model to compete with Google, OpenAI, The Information reports (Reuters) -Microsoft is training a new, in-hous..
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