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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 faces its largest supply sho..

FTSE 100 hits record high, pound slips ahead of BoE verdict

FTSE 100 hits record high, pound slips ahead of BoE verdict

By Pranav Kashyap, Shubham Batra and Khushi Singh (Reuters) -The UK’s FTSE 10..

Puma upbeat on growing demand, shares jump

Puma upbeat on growing demand, shares jump

(Reuters) -A return to growth in the Americas helped Puma meet first-quarter sales f..

Uber shares tumble as weaker ride-share demand hurts Q2 forecast

Uber shares tumble as weaker ride-share demand hurts Q2 forecast

(Reuters) -Uber posted a surprise quarterly loss and forecast gross bookings below W..

Oil prices rise after US crude stocks fall more than expected

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. o..

Olympics-Flame arrives in Marseille amid tight security

Olympics-Flame arrives in Marseille amid tight security

MARSEILLE, France (Reuters) – The Olympic flame landed on French soil amid tig..

UK tells tech firms to ‘tame algorithms’ to protect children

UK tells tech firms to ‘tame algorithms’ to protect children

By Paul Sandle LONDON (Reuters) – Social media platforms like Facebook, Insta..

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 Wednesday forecast its profi..

Alstom to ask shareholders for $1 billion in rights issue to slash debt

Alstom to ask shareholders for $1 billion in rights issue to slash debt

(Reuters) – French train maker Alstom on Wednesday said it would ask sharehol..

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 Wednesday posted a 68..

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) – Telefonica Germany will move one ..

Stocks rally anew on US rate cut hopes; dollar steady

Stocks rally anew on US rate cut hopes; dollar steady

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global shares traded c..

Meta to expand AI image generation offerings for ads

Meta to expand AI image generation offerings for ads

NEW YORK (Reuters) – Meta Platforms, the parent company of Facebook and Insta..

UK’s FTSE 100 notches record closing high in broad rally

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..

US dollar edges lower but up against yen, Aussie

US dollar edges lower but up against yen, Aussie

By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar slipped on Tuesday ..

Race for Europe’s first ‘real-time’ stock trade tape heats up

Race for Europe’s first ‘real-time’ stock trade tape heats up

LONDON (Reuters) – Banks and asset managers are vying with Europe’s exchange..

Apple unveils new AI-focused chip in upgraded iPad Pro

Apple unveils new AI-focused chip in upgraded iPad Pro

(Reuters) -Apple unveiled its latest iPad Pro on Tuesday with a new chip for artif..

‘Livestream’ shopping thwarts some high-tech tools to stop fake merch

‘Livestream’ shopping thwarts some high-tech tools to stop fake merch

NEW YORK (Reuters) – Livestream shopping where buyers and sellers transact in ..

UK construction growth hits 14-month high in April, PMI survey shows

UK construction growth hits 14-month high in April, PMI survey shows

(Reuters) – British construction companies enjoyed their fastest expansion in..

UBS shares soar as profit smashes forecasts, share buyback plans affirmed

UBS shares soar as profit smashes forecasts, share buyback plans affirmed

ZURICH (Reuters) – UBS on Tuesday reported first-quarter profit that trounced ..

Saudi Aramco maintains $31 billion dividend despite lower Q1 net income

Saudi Aramco maintains $31 billion dividend despite lower Q1 net income

DUBAI (Reuters) -Saudi Arabian state-owned oil giant Aramco expects to pay $31 billi..

People with two copies of a risk gene have genetic form of Alzheimer’s, scientists say

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 ge..

European shares close at highest in a week; Indra surges

European shares close at highest in a week; Indra surges

(Reuters) -European shares closed at their highest levels in one week on Monday, wit..

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-house AI language model large enough to c..

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 for a..

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 sto..

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 way that fin..

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 was meeting on Monday to d..

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 open higher o..

BioNTech says 90% of 2024 revenues will accrue at end of year

BioNTech says 90% of 2024 revenues will accrue at end of year

By Ludwig Burger FRANKFURT (Reuters) -Germany’s BioNTech, whose COVID-19 vacc..

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 firm Indra su..

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 shipping traffic in the Red Sea i..

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 raised its share repurchase pr..

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’s attemp..

Oil edges back towards 7-week low after resilient US jobs data

Oil edges back towards 7-week low after resilient US jobs data

LONDON (Reuters) -Oil edged back towards the previous day’s seven-week low on ..

Greek summer wildfire threat nears, outpacing plans to contain it

Greek summer wildfire threat nears, outpacing plans to contain it

By Angeliki Koutantou ATHENS (Reuters) – When firefighters arrived at a blaze..

Euro zone factory activity takes turn for the worse in April, PMI survey shows

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 t..