Stocks grind towards record highs in inflation-heavy week
Stocks grind towards record highs in inflation-heavy week By Wayne Cole and Amanda Cooper SYDNEY/LONDON (Reuters) -Global stocks neare..
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EU countries approve law to slash trucks’ CO2 emissions
EU countries approve law to slash trucks’ CO2 emissions By Kate Abnett BRUSSELS (Reuters) – European Union countries gave ..
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The case for forever high interest rates
The case for forever high interest rates By Yoruk Bahceli (Reuters) – If financial markets are right, interest rates won’t..
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London stocks muted ahead of more earnings, economic data
London stocks muted ahead of more earnings, economic data By Pranav Kashyap (Reuters) – London’s FTSE 100 was flat on Mond..
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European shares listless as investors brace for inflation test
European shares listless as investors brace for inflation test By Ankika Biswas (Reuters) -Europe’s STOXX 600 struggled for dire..
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In the Market: Financiers fret over ‘leverage on leverage’ in private credit
In the Market: Financiers fret over ‘leverage on leverage’ in private credit By Paritosh Bansal (Reuters) -To some elite f..
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Japan’s SoftBank swings to quarterly profit, eyes on Arm unit
By Anton Bridge TOKYO (Reuters) -Technology investor SoftBank Group swung to a net profit in the final quarter of its financial year,..
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Germany says cybercrime by foreign actors rose by 28% in 2023
Germany says cybercrime by foreign actors rose by 28% in 2023 BERLIN (Reuters) – Cybercrime by foreign perpetrators surged in Ge..
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Amazon to invest $1.3 billion in France, create 3,000 jobs
Amazon to invest $1.3 billion in France, create 3,000 jobs By Supantha Mukherjee STOCKHOLM (Reuters) – Amazon said on Monday it ..
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UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions
UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions (This May 10 story has been corrected to say..
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Microsoft to invest 4 billion euros in France
Microsoft to invest 4 billion euros in France PARIS (Reuters) – Technology and software giant Microsoft will invest 4 billion eu..
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Floods kill 37 in Indonesia’s West Sumatra, 17 missing
TANAH DATAR (Reuters) – Flash floods and mud slides in Indonesia’s West Sumatra province killed at least 37 people this we..
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Currency market calm as US inflation data holds focus this week
TOKYO (Reuters) – Major currencies were steady on Monday with the dollar consolidating against peers, as market participants awa..
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UK employers plan 4% pay rises in coming year, survey shows
By Suban Abdulla LONDON (Reuters) – British employers expect to raise wages by 4% over the coming 12 months, a similar rate to ..
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Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability
PARIS (Reuters) -Novavax on Friday erased doubts about its ability to remain in business and struck a licensing deal worth up to $1.2..
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Retailer Lidl UK raises staff pay for third time in 12 months
Retailer Lidl UK raises staff pay for third time in 12 months LONDON (Reuters) – The British arm of German supermarket group Lid..
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Honda sees full-year profit rising 2.8%
Honda sees full-year profit rising 2.8% TOKYO (Reuters) – Japan’s Honda Motor Co forecast a 2.8% rise in operating profit ..
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
Pandemic treaty talks to the wire, likely to miss first deadline, sources say By Jennifer Rigby LONDON (Reuters) – Talks to draw..
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Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports
(Reuters) -Mining giant Rio Tinto had considered an offer for British miner Anglo American, which is now BHP Group’s $39 billio..
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GeoPark to access $500 million from Vitol in return for oil deliveries
GeoPark to access $500 million from Vitol in return for oil deliveries (Reuters) – GeoPark has struck a deal to sell a minimum o..
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China’s push for greener aluminium hit by erratic rains, power cuts
China’s push for greener aluminium hit by erratic rains, power cuts BEIJING (Reuters) – Erratic rainfall in China’s ..
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Oil hits 1-week high on demand hopes after China, US data
Oil hits 1-week high on demand hopes after China, US data By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 1% to a one-week..
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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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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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