News

Stocks inch up as timing of US rate cuts weighed; copper jumps

Stocks inch up as timing of US rate cuts weighed; copper jumps

NEW YORK (Reuters) -World stock indexes edged higher and U.S. Treasury yields also r..

Engie Q1 profit drops on warmer winter, steady market

Engie Q1 profit drops on warmer winter, steady market

By America Hernandez PARIS (Reuters) – French energy company Engie said on Fr..

Carlos Slim’s FCC to spin off and list cement and real estate unit

Carlos Slim’s FCC to spin off and list cement and real estate unit

MADRID (Reuters) – Mexican billionaire Carlos Slim’s Spanish unit FCC p..

GSK raises $1.5 billion from offloading Haleon stake at a discount

GSK raises $1.5 billion from offloading Haleon stake at a discount

(Reuters) – GSK has raised 1.25 billion pounds ($1.52 billion) from selling i..

British grocer Sainsbury’s partners with Microsoft to use AI for data insights

British grocer Sainsbury’s partners with Microsoft to use AI for data insights

LONDON (Reuters) – Britain’s Sainsbury’s said on Friday it has ag..

Prosus, parent group Naspers name Fabricio Bloisi as new CEO

Prosus, parent group Naspers name Fabricio Bloisi as new CEO

(Reuters) -Dutch technology investor Prosus and its South African parent group Naspe..

Oil prices rise after US economic data raises rate cut expectations

Oil prices rise after US economic data raises rate cut expectations

By Laila Kearney NEW YORK (Reuters) -Oil futures rose on Thursday on a stabilizing ..

Dollar rebounds on hot US import prices

Dollar rebounds on hot US import prices

By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on T..

German experts cut their tax revenue forecasts for 2024-28 by 1.5%

German experts cut their tax revenue forecasts for 2024-28 by 1.5%

By Maria Martinez BERLIN (Reuters) -Germany’s council of tax experts cut thei..

Fears of German ‘de-industrialisation’ may be overblown – for now

Fears of German ‘de-industrialisation’ may be overblown – for now

By Maria Martinez BERLIN (Reuters) – High energy costs, weak global demand, a..

Siemens misses profit forecast as industrial business struggles

Siemens misses profit forecast as industrial business struggles

By John Revill ZURICH (Reuters) – Siemens reported a drop in second-quarter e..

Italy cuts Eni stake, raises 1.4 billion euros

Italy cuts Eni stake, raises 1.4 billion euros

By Giuseppe Fonte and Francesca Landini ROME (Reuters) -Italy’s Treasury sold..

Exclusive-Anglo American starts revamp with hiring freeze, document shows

Exclusive-Anglo American starts revamp with hiring freeze, document shows

By Scott Murdoch and Melanie Burton SYDNEY (Reuters) -Anglo American has suspended ..

Catering firm Compass lifts profit forecast after strong first half

Catering firm Compass lifts profit forecast after strong first half

..

AI’s use in finance may need new rules, ECB says

AI’s use in finance may need new rules, ECB says

FRANKFURT (Reuters) – The use of artificial intelligence in finance is still ..

Oil down on inflation, supply risks in Mideast, Canada lend floor

Oil down on inflation, supply risks in Mideast, Canada lend floor

By Georgina McCartney HOUSTON (Reuters) -Oil prices fell on Tuesday, after fresh U...

King Charles unveils his first portrait since coronation

King Charles unveils his first portrait since coronation

(Changes media identifier to correspond with visuals) LONDON (Reuters) -Britain̵..

Factbox-How hosting Euro 2024 could impact the German economy

Factbox-How hosting Euro 2024 could impact the German economy

By Rene Wagner BERLIN (Reuters) – Germany will be hoping for sporting succe..

Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook

Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook

LONDON/MILAN (Reuters) – The euro has resisted falling to parity with the doll..

Countries make late bid to salvage EU’s nature law

Countries make late bid to salvage EU’s nature law

BRUSSELS (Reuters) – A group of 11 countries, led by Ireland, has made a last-..

Mixed UK labour market signals leave BoE on rate cut alert

Mixed UK labour market signals leave BoE on rate cut alert

LONDON (Reuters) – British wages grew by more than expected, according to data..

World shares rest near record highs ahead of US inflation data

World shares rest near record highs ahead of US inflation data

By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) – World shares mark..

Curbs on costly home incentives cause split in Italy’s coalition

Curbs on costly home incentives cause split in Italy’s coalition

By Giuseppe Fonte and Angelo Amante ROME (Reuters) – Italy’s ruling coa..

Dollar slips after unexpected rise in US producer prices

Dollar slips after unexpected rise in US producer prices

NEW YORK (Reuters) -The dollar edged lower on Tuesday following an unexpected increa..

Morning Bid: Markets eye US CPI and record high

Morning Bid: Markets eye US CPI and record high

A look at the day ahead in European and global markets from Tom Westbrook Stocks ne..

Stocks grind towards record highs in inflation-heavy week

Stocks grind towards record highs in inflation-heavy week

SYDNEY/LONDON (Reuters) -Global stocks neared record highs on Monday, in a week wher..

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 their final..

The case for forever high interest rates

The case for forever high interest rates

(Reuters) – If financial markets are right, interest rates won’t just st..

London stocks muted ahead of more earnings, economic data

London stocks muted ahead of more earnings, economic data

(Reuters) – London’s FTSE 100 was flat on Monday as gains in travel and ..

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 direction on Mon..

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 financiers who gathered in Los Angeles ..

Japan’s SoftBank swings to quarterly profit, eyes on Arm unit

Japan’s SoftBank swings to quarterly profit, eyes on Arm unit

TOKYO (Reuters) -Technology investor SoftBank Group swung to a net profit in the fin..

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 Germany in 202..

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 would in..

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 ‘revenue per advertiser’ f..

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 billi..

Floods kill 37 in Indonesia’s West Sumatra, 17 missing

Floods kill 37 in Indonesia’s West Sumatra, 17 missing

TANAH DATAR (Reuters) – Flash floods and mud slides in Indonesia’s West..