News

Currency market calm as US inflation data holds focus this week

Currency market calm as US inflation data holds focus this week

By Brigid Riley TOKYO (Reuters) – Major currencies were steady on Monday with..

UK employers plan 4% pay rises in coming year, survey shows

UK employers plan 4% pay rises in coming year, survey shows

By Suban Abdulla LONDON (Reuters) – British employers expect to raise wages b..

Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability

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 bus..

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 Lidl said it wo..

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 operat..

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

LONDON (Reuters) – Talks to draw up a global pact to help fight future pandemi..

Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports

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 Am..

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 of 20,000 barrels of o..

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 southwest is frustratin..

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 high o..

Bank of England clears path for its first rate cut since 2020

Bank of England clears path for its first rate cut since 2020

By William Schomberg, David Milliken and Suban Abdulla LONDON (Reuters) -The Bank o..

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 inc..

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 stocks edged..

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) – The Bank of England has..

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 w..

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% yea..

Stocks stall near record highs, pound poised for BoE

Stocks stall near record highs, pound poised for BoE

By Marc Jones LONDON (Reuters) – World stocks were taking a well-earned breat..

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 presented a 12.23 billion euro ..

ITV forecasts 12% jump in Q2 ad revenue on Euros demand

ITV forecasts 12% jump in Q2 ad revenue on Euros demand

LONDON (Reuters) – Britain’s ITV said its advertising revenue would jum..

News

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 Telecom Italia (TIM) said in an interview on Thursday he sees pot..

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..