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Global factory activity has mixed performance in June, PMIs show

Global factory activity has mixed performance in June, PMIs show

By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Manufacturing activity in Europe suffered a setback last month but Asian f..

Euro rallies as French far right faces tricky path to majority

Euro rallies as French far right faces tricky path to majority

Euro rallies as French far right faces tricky path to majority By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) -The euro jum..

European stocks rally after first round of French vote

European stocks rally after first round of French vote

(Reuters) – European stocks rallied on Monday, with French shares leading the way after the far-right National Rally (RN) party..

Sanofi eyes investment of up to $1.6 billion in Germany, Handelsblatt says

Sanofi eyes investment of up to $1.6 billion in Germany, Handelsblatt says

FRANKFURT (Reuters) – French drugmaker Sanofi is nearing a decision to invest between 1.3 billion euros and 1.5 billion euros (..

Exclusive-Boeing agrees to buy Spirit Aero for $4.7 billion, sources say

Exclusive-Boeing agrees to buy Spirit Aero for $4.7 billion, sources say

By Mike Stone and Allison Lampert WASHINGTON (Reuters) -Boeing agreed on Sunday to acquire Spirit AeroSystems for more than $4 billio..

Asia shares eye five-month winning streak; yen slumps

Asia shares eye five-month winning streak; yen slumps

By Rae Wee SINGAPORE (Reuters) – Asian stocks are headed for a fifth straight month of gains on Friday, bolstered by the growin..

Stocks inch lower as semiconductor shares ease; yen up vs dollar

Stocks inch lower as semiconductor shares ease; yen up vs dollar

Stocks inch lower as semiconductor shares ease; yen up vs dollar By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes edg..

Global carbon removal market could reach $100 billion/yr from 2030-35, report says

Global carbon removal market could reach $100 billion/yr from 2030-35, report says

Global carbon removal market could reach $100 billion/yr from 2030-35, report says By Susanna Twidale LONDON (Reuters) – The glo..

US dollar retreats after weak economic data; yen gets minor relief

US dollar retreats after weak economic data; yen gets minor relief

US dollar retreats after weak economic data; yen gets minor relief By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Re..

Chinese-owned chipmaker Nexperia invests $200 million in European expansion

Chinese-owned chipmaker Nexperia invests $200 million in European expansion

By Toby Sterling AMSTERDAM/HAMBURG (Reuters) – Nexperia, one of the world’s largest makers of basic semiconductors such a..

UBS’s new wealth management co-leaders announce reshuffle

UBS’s new wealth management co-leaders announce reshuffle

UBS’s new wealth management co-leaders announce reshuffle By Noele Illien and Oliver Hirt ZURICH (Reuters) – UBS is making..

UK retailer Halfords posts lower annual profit

UK retailer Halfords posts lower annual profit

UK retailer Halfords posts lower annual profit (Reuters) -British bicycle and car products retailer Halfords Group reported a fall in ..

Nokia sells submarine networks business ASN to French state

Nokia sells submarine networks business ASN to French state

COPENHAGEN (Reuters) – Nokia on Thursday said it had agreed to sell its submarine networks business ASN to the French state for..

BP halts hiring, slows renewables roll-out to win over investors

BP halts hiring, slows renewables roll-out to win over investors

BP halts hiring, slows renewables roll-out to win over investors By Ron Bousso LONDON (Reuters) – BP’s new CEO Murray Auch..

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports (Reuters) – Japanese technology in..

Dollar hits 38-year high vs yen; stocks mostly ease

Dollar hits 38-year high vs yen; stocks mostly ease

Dollar hits 38-year high vs yen; stocks mostly ease By Caroline Valetkevitch NEW YORK (Reuters) -The dollar hit a fresh 38-year high a..

Euro zone yields edge up before inflation data, caution over France

Euro zone yields edge up before inflation data, caution over France

By Stefano Rebaudo (Reuters) -Euro zone government bond yields rose on Wednesday as investors awaited inflation data from the Unite..

Yen tumbles to 38-year low vs dollar as likely Japan intervention looms

Yen tumbles to 38-year low vs dollar as likely Japan intervention looms

Yen tumbles to 38-year low vs dollar as likely Japan intervention looms By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LON..

UK retail sales go into reverse this month, CBI survey shows

UK retail sales go into reverse this month, CBI survey shows

UK retail sales go into reverse this month, CBI survey shows (Reuters) -British retail sales softened this month after a recovery in M..

Aussie dollar jumps on inflation spike, while yen stays under pressure

Aussie dollar jumps on inflation spike, while yen stays under pressure

Aussie dollar jumps on inflation spike, while yen stays under pressure By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters)..

Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say

Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say

By Amy-Jo Crowley and Abigail Summerville LONDON (Reuters) – U.S. meal delivery group Doordash flagged an interest in a takeove..

Miner BHP’s carbon emissions to rise slightly this year

Miner BHP’s carbon emissions to rise slightly this year

By Melanie Burton MELBOURNE (Reuters) -BHP Group’s operational carbon emissions are set for a “small increase” this..

Analysis-France may be next test of the euro’s foundations

Analysis-France may be next test of the euro’s foundations

Analysis-France may be next test of the euro’s foundations By Francesco Canepa and Leigh Thomas FRANKFURT/PARIS (Reuters) –..

Oil ticks up on inventory drawdown outlook, Middle East risks

Oil ticks up on inventory drawdown outlook, Middle East risks

SINGAPORE (Reuters) -Oil prices inched up during Asian trade on Wednesday despite a surprise jump in U.S. stockpiles, driven by geopo..

Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify

Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify

(Reuters) – Covestro, the German chemicals maker in talks to be acquired by ADNOC, on Tuesday launched an efficiency programme ..

Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows

Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows

Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows TOKYO (Reuters) – Toyota sold $2 billion wor..

Oil prices steady as inflation worries limit summer demand optimism

Oil prices steady as inflation worries limit summer demand optimism

Oil prices steady as inflation worries limit summer demand optimism By Emily Chow SINGAPORE (Reuters) – Oil prices were little c..

Asian shares subdued, yen hits record low versus euro

Asian shares subdued, yen hits record low versus euro

Asian shares subdued, yen hits record low versus euro By Stella Qiu SYDNEY (Reuters) – Asian shares were subdued on Tuesday whil..

China’s BYD launches third EV model in Japan

China’s BYD launches third EV model in Japan

China’s BYD launches third EV model in Japan TOKYO (Reuters) -China’s BYD launched its third electric vehicle in Japan, it..

London’s FTSE 100 flat; energy, miners lead decline

London’s FTSE 100 flat; energy, miners lead decline

London’s FTSE 100 flat; energy, miners lead decline (Reuters) – London’s FTSE 100 was flat on Monday as investors tu..

Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites

Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites

(Reuters) -British e-commerce firm THG has agreed to sell its portfolio of luxury goods websites to Mike Ashley’s Frasers Group..

Prosus full-year core headline earnings jump 84%

Prosus full-year core headline earnings jump 84%

Prosus full-year core headline earnings jump 84% (Reuters) – Dutch technology investor Prosus core headline earnings jumped 84% ..

Oil eases as strong dollar weighs on commodities markets

Oil eases as strong dollar weighs on commodities markets

Oil eases as strong dollar weighs on commodities markets By Florence Tan SINGAPORE (Reuters) -Oil prices inched down on Monday as conc..

German residential property prices keep falling in Q1

German residential property prices keep falling in Q1

(Adds missing economist name in paragraph 6) BERLIN (Reuters) -German residential property prices continued to fall in the first quar..

UK’s Britvic rejects revised takeover proposal from Carlsberg

UK’s Britvic rejects revised takeover proposal from Carlsberg

UK’s Britvic rejects revised takeover proposal from Carlsberg (Reuters) – British soft drinks maker Britvic rejected a rev..

Analysis-Consumer-focused lending under Labour could dent UK bank profits

Analysis-Consumer-focused lending under Labour could dent UK bank profits

Analysis-Consumer-focused lending under Labour could dent UK bank profits By Sinead Cruise and Lawrence White LONDON (Reuters) –..

Asian shares end the week with a whimper, yen back to intervention watch

Asian shares end the week with a whimper, yen back to intervention watch

Asian shares end the week with a whimper, yen back to intervention watch By Stella Qiu SYDNEY (Reuters) -Asian shares are ending the w..