News

European shares end marginally lower as energy stocks drop

European shares end marginally lower as energy stocks drop

  By Pranav Kashyap and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 cl..

Fonterra’s annual profit falls 25%; shares rise on dividend declaration

Fonterra’s annual profit falls 25%; shares rise on dividend declaration

  By Rajasik Mukherjee (Reuters) -New Zealand’s Fonterra posted a 25% dro..

Soccer-‘I thought it was AI,’ says Wimbledon director of flooding images at stadium

Soccer-‘I thought it was AI,’ says Wimbledon director of flooding images at stadium

  (Reuters) – AFC Wimbledon’s managing director thought he was look..

Solvay to cut 68 jobs in Salindres site throughout 2025

Solvay to cut 68 jobs in Salindres site throughout 2025

  (Reuters) – Belgian chemicals group Solvay announced on Tuesday plans t..

ECB started issuing fine notices to banks not meeting climate expectations

ECB started issuing fine notices to banks not meeting climate expectations

  NEW YORK (Reuters) – The European Central Bank has started issuing fine..

Spotify expands AI Playlist feature to new markets including US, Canada

Spotify expands AI Playlist feature to new markets including US, Canada

  (Reuters) – Spotify is expanding its tool that helps create playlists u..

UK employers give joint-lowest pay rises since June 2022, Brightmine says

UK employers give joint-lowest pay rises since June 2022, Brightmine says

  LONDON (Reuters) – British employers gave staff the joint-lowest pay ri..

TUI confirms guidance after strong summer season, shares rise

TUI confirms guidance after strong summer season, shares rise

  By Andrey Sychev (Reuters) -Europe’s biggest tour operator TUI on Tuesd..

China stimulus pushes global shares to new peak, boosts commodities

China stimulus pushes global shares to new peak, boosts commodities

  By Ankur Banerjee and Sruthi Shankar SINGAPORE/LONDON (Reuters) – World..

Miniso shares slump on plans to buy stake in Yonghui Superstores

Miniso shares slump on plans to buy stake in Yonghui Superstores

  HONG KONG (Reuters) -Shares of Miniso Group Holding plunged as much as 39.2% ..

Unilever CEO looking for first-ever global plastics treaty with “teeth”

Unilever CEO looking for first-ever global plastics treaty with “teeth”

  By Jessica DiNapoli NEW YORK (Reuters) – Unilever CEO Hein Schumacher h..

Qualcomm’s potential Intel buyout could raise antitrust, foundry concerns

Qualcomm’s potential Intel buyout could raise antitrust, foundry concerns

  By Aditya Soni and Yuvraj Malik (Reuters) -A potential deal to buy Intel coul..

Almost 30,000 suspected mpox cases in Africa this year, WHO says

Almost 30,000 suspected mpox cases in Africa this year, WHO says

  LONDON (Reuters) – Nearly 30,000 suspected mpox cases have been reporte..

Sterling at two-year peak versus euro after PMI data

Sterling at two-year peak versus euro after PMI data

  (Reuters) – Sterling dipped against the dollar on Monday but touched a ..

European shares edge higher as traders brace for data-packed week

European shares edge higher as traders brace for data-packed week

  By Pranav Kashyap (Reuters) -European shares edged higher on Monday, though g..

Siemens to carve out EV charging business

Siemens to carve out EV charging business

  BERLIN (Reuters) – Siemens plans to carve out its electric vehicle (EV)..

Oil climbs on Middle East escalation fears, US Fed rate cut

Oil climbs on Middle East escalation fears, US Fed rate cut

  By Gabrielle Ng and Emily Chow SINGAPORE (Reuters) -Oil prices rose on Monday..

Novo Nordisk faces US congressional grilling over price of weight loss drugs, FT reports

Novo Nordisk faces US congressional grilling over price of weight loss drugs, FT reports

  (Reuters) – Novo Nordisk’s chief executive is preparing for a sho..

Asia stocks, Wall St futures edge up; China trims repo rate

Asia stocks, Wall St futures edge up; China trims repo rate

  By Wayne Cole SYDNEY (Reuters) -Asian stocks firmed on Monday ahead of centra..

CMA CGM agrees to buy 48% of Santos Brasil for $1.2 billion, will launch takeover bid

CMA CGM agrees to buy 48% of Santos Brasil for $1.2 billion, will launch takeover bid

  SAO PAULO (Reuters) – French shipping giant CMA CGM agreed to buy 47.6%..

Analysis-SocGen’s CEO Krupa tightens screws on costs as bank’s turnaround plan falls flat

Analysis-SocGen’s CEO Krupa tightens screws on costs as bank’s turnaround plan falls flat

By Mathieu Rosemain PARIS (Reuters) – Societe Generale’s CEO Slawomir ..

EU regulator backs use of Novo’s Wegovy for obesity-related heart condition

EU regulator backs use of Novo’s Wegovy for obesity-related heart condition

(Reuters) -The European Medicines Agency backed the use of Novo Nordisk’s popu..

Analysis-Extreme weather adds to fiscal strains in central Europe

Analysis-Extreme weather adds to fiscal strains in central Europe

By Jan Lopatka, Karol Badohal and Gergely Szakacs PRAGUE/WARSAW (Reuters) – ..

Yen slides as BOJ governor steers clear of rate hike talk

Yen slides as BOJ governor steers clear of rate hike talk

By Linda Pasquini and Wayne Cole LONDON/SYDNEY (Reuters) – The yen weakened on..

Oil prices set to end week higher after US rate cut

Oil prices set to end week higher after US rate cut

By Arunima Kumar (Reuters) -Oil prices eased on Friday, but were on track to registe..

Global investors brace for turmoil as big Fed cut sows confusion

Global investors brace for turmoil as big Fed cut sows confusion

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -Big global investors are on ale..

Morning Bid: BOJ brings yen into sharper focus

Morning Bid: BOJ brings yen into sharper focus

A look at the day ahead in European and global markets from Wayne Cole. It was left ..

Analysis-Investors shun European car stocks despite rock bottom valuations

Analysis-Investors shun European car stocks despite rock bottom valuations

  By Sruthi Shankar and Danilo Masoni (Reuters) – European auto stocks ar..

BOJ keeps interest rates steady, sticks to upbeat economic view

BOJ keeps interest rates steady, sticks to upbeat economic view

  TOKYO (Reuters) – The Bank of Japan kept interest rates steady on Frida..

German tax revenue rose by 5.3% in August

German tax revenue rose by 5.3% in August

  By Maria Martinez BERLIN (Reuters) – Germany’s federal and state ..

Germany considering ways to support VW, economy minister says

Germany considering ways to support VW, economy minister says

  FRANKFURT/BERLIN (Reuters) -Germany’s government is considering ways to..

Bavarian says mpox vaccine approved by EU regulator for adolescents

Bavarian says mpox vaccine approved by EU regulator for adolescents

LONDON (Reuters) -Bavarian Nordic said on Thursday its mpox vaccine was approved by ..

Analysis-After jumbo Fed rate cut, market hopes ride on US soft landing

Analysis-After jumbo Fed rate cut, market hopes ride on US soft landing

  By Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) – One of the..

UK reports sharpest rise in health-related welfare claims, study shows

UK reports sharpest rise in health-related welfare claims, study shows

  LONDON (Reuters) – Britain has seen the biggest rise in health-related ..

Bank of England set to hold rates with bond sales in spotlight

Bank of England set to hold rates with bond sales in spotlight

  By Andy Bruce (Reuters) – The Bank of England looks set to keep interes..

Britain needs finance sector strategy to tap foreign billions, report says

Britain needs finance sector strategy to tap foreign billions, report says

LONDON (Reuters) – Britain could attract up to 7.7 billion pounds ($10.2 billi..

Global health fund says health, climate, conflict ‘triple whammy’ hits world’s poorest

Global health fund says health, climate, conflict ‘triple whammy’ hits world’s poorest

  By Jennifer Rigby LONDON (Reuters) – Climate change and conflict risk o..