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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Dollar weaker on renewed Fed rate cut hopes; yen wobbles
Dollar weaker on renewed Fed rate cut hopes; yen wobbles By Chuck Mikolajczak NEW YORK (Reuters) -The dollar index was lower on Monday..
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Global shares gain on rate cut bets; yen weakens
Global shares gain on rate cut bets; yen weakens By Herbert Lash and Nell Mackenzie NEW YORK/LONDON (Reuters) -A gauge of global stock..
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ECB grows more confident about cutting rates, policymakers say
ECB grows more confident about cutting rates, policymakers say By Balazs Koranyi and Francesco Canepa VILNIUS/FRANKFURT (Reuters) -The..
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Strategies for Building a Customer-Centric E-commerce Platform
Introduction: In today’s competitive e-commerce landscape, building a customer-centric platform is crucial for success. A cus..
Business
Swedish central bank to cut key rate this week, Reuters poll shows
By Simon Johnson STOCKHOLM (Reuters) – Sweden’s central bank will cut its key interest rate this week by a quarter percen..
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Swiss National Bank exploring ways to tokenise financial assets
Swiss National Bank exploring ways to tokenise financial assets ZURICH (Reuters) – The Swiss National Bank is examining the best..
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Sabadell board meets to consider BBVA’s $13 billion offer, sources say
Sabadell board meets to consider BBVA’s $13 billion offer, sources say By Jesús Aguado MADRID (Reuters) -Sabadell’s board ..
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World shares climb on Fed cut bets, China gains; yen weakens
World shares climb on Fed cut bets, China gains; yen weakens By Nell Mackenzie and Rae Wee LONDON (Reuters) -U.S. stocks looked to ope..
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BioNTech says 90% of 2024 revenues will accrue at end of year
By Ludwig Burger FRANKFURT (Reuters) -Germany’s BioNTech, whose COVID-19 vaccine in partnership with Pfizer was widely used dur..
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Shares in Spain’s Indra surge after net profit rises 40%
Shares in Spain’s Indra surge after net profit rises 40% By Matteo Allievi (Reuters) -Shares in Spanish defence and technology f..
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Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter
Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter COPENHAGEN (Reuters) -The disruption to container shippin..
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Westpac raises share buyback by $661 million even as costs and competition bite
Westpac raises share buyback by $661 million even as costs and competition bite By Sameer Manekar (Reuters) -Australian bank Westpac r..
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Global equity funds attract robust weekly inflows, led by Asia
(Reuters) – Global equity funds experienced renewed interest from investors in the seven days through May 1, buoyed by a surge ..
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Sterling shrugs off local election to focus on US payrolls data
Sterling shrugs off local election to focus on US payrolls data By Joice Alves LONDON (Reuters) – Sterling rose on Friday agains..
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Oil prices set for steepest weekly drop in three months
By Ahmad Ghaddar and Deep Kaushik Vakil LONDON (Reuters) -Oil prices steadied on Friday after weaker-than-expected U.S. jobs data, bu..
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Dollar drops as employers add fewer jobs than expected in April
By Karen Brettell NEW YORK (Reuters) – The dollar fell to a three-week low against the yen on Friday after data showed that U.S..
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Analysis-Apple has big AI ambitions – at a lower cost than its rivals
Analysis-Apple has big AI ambitions – at a lower cost than its rivals By Stephen Nellis (Reuters) -For most of the past year and..
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Stocks jump, yields fall on hopes U.S. labor tightness ebbing
Stocks jump, yields fall on hopes U.S. labor tightness ebbing By Alden Bentley and Huw Jones NEW YORK/LONDON (Reuters) -Wall Street fo..
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Analysis-Traders prep for another round of yen whack-a-mole
Analysis-Traders prep for another round of yen whack-a-mole By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) – Japan’..
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Analysis-Traders prep for another round of yen whack-a-mole
By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) – Japan’s attempts to shore up its currency are putting trading de..
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Oil edges back towards 7-week low after resilient US jobs data
By Robert Harvey and Deep Kaushik Vakil LONDON (Reuters) -Oil edged back towards the previous day’s seven-week low on Thursday,..
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Oil edges back towards 7-week low after resilient US jobs data
By Robert Harvey and Deep Kaushik Vakil LONDON (Reuters) -Oil edged back towards the previous day’s seven-week low on Thursday,..
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Greek summer wildfire threat nears, outpacing plans to contain it
By Angeliki Koutantou ATHENS (Reuters) – When firefighters arrived at a blaze in a pine forest on the Greek island of Rhodes la..
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Greek summer wildfire threat nears, outpacing plans to contain it
By Angeliki Koutantou ATHENS (Reuters) – When firefighters arrived at a blaze in a pine forest on the Greek island of Rhodes la..
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Euro zone factory activity takes turn for the worse in April, PMI survey shows
By Jonathan Cable LONDON (Reuters) -The downturn in manufacturing activity across the euro zone deepened in April due to crumbling de..
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