Currency market calm as US inflation data holds focus this week
By Brigid Riley TOKYO (Reuters) – Major currencies were steady on Monday with the dollar consolidating against peers, as market..
News
News
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 ..
News
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..
News
Retailer Lidl UK raises staff pay for third time in 12 months
LONDON (Reuters) – The British arm of German supermarket group Lidl said it would lift wages by over 3% in June, giving thousand..
News
Honda sees full-year profit rising 2.8%
TOKYO (Reuters) – Japan’s Honda Motor Co forecast a 2.8% rise in operating profit for this financial year, after it excee..
News
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 pandemics are likely to miss an initial deadline on Frida..
News
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 billion..
News
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 oil per day to Dutch commodities trading firm Vitol..
News
China’s push for greener aluminium hit by erratic rains, power cuts
BEIJING (Reuters) – Erratic rainfall in China’s southwest is frustrating a multibillion-dollar push to green an aluminium..
News
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 on Thursday after data from China and the U.S. sign..
News
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 ..
News
STOXX 600 ends at record high; BBVA weighs on Spain
By Ankika Biswas and Johann M Cherian (Reuters) -Europe’s benchmark index inched up to close at a record high on Thursday, driv..
News
Stocks gain as European shares hit new highs, dollar slips
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – World stocks edged higher on Thursday, helped by surging European st..
News
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 sent a new signal that borrowing costs will fall ..
News
Telefonica tops forecast with 79% surge in Q1 profit
By Inti Landauro MADRID (Reuters) – Spain’s Telefonica beat forecasts with a 79% surge in first-quarter net profit on Thu..
News
Brembo Q1 operating profit rises on record sales
(Reuters) – Italian premium brake maker Brembo posted on Thursday an 8.5% yearly increase in first-quarter operating profit as ..
News
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..
News
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 ($13.11 billion) takeover offer for rival Sabadell..
News
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 ..
News
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 potential additional benefits of almost 5 billion eur..
News
Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey
By Brijesh Patel (Reuters) – The platinum market faces its largest supply shortfall in 10 years in 2024 as shipments from Russi..
News
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..
News
Puma upbeat on growing demand, shares jump
(Reuters) -A return to growth in the Americas helped Puma meet first-quarter sales forecasts and its order book for the rest of the ye..
News
Uber shares tumble as weaker ride-share demand hurts Q2 forecast
(Reuters) -Uber posted a surprise quarterly loss and forecast gross bookings below Wall Street expectations, sending its shares down 9..
News
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..
News
Olympics-Flame arrives in Marseille amid tight security
MARSEILLE, France (Reuters) – The Olympic flame landed on French soil amid tight security on Wednesday, firing the starting gun ..
News
UK tells tech firms to ‘tame algorithms’ to protect children
By Paul Sandle LONDON (Reuters) – Social media platforms like Facebook, Instagram and TikTok will have to “tame” th..
News
British pub group JD Wetherspoon expects profit at upper end of market forecast
(Reuters) – British pub group J D Wetherspoon on Wednesday forecast its profit to be towards the upper end of market expectatio..
News
Alstom to ask shareholders for $1 billion in rights issue to slash debt
(Reuters) – French train maker Alstom on Wednesday said it would ask shareholders for around 1 billion euros ($1 billion) throu..
News
Munich Re Q1 net profit up 68%, in line with preliminary figures
FRANKFURT (Reuters) – The German reinsurer Munich Re on Wednesday posted a 68% rise in the first quarter net profit, a level th..
News
Exclusive-Amazon breaks into Europe 5G networks with Telefonica cloud deal
By Supantha Mukherjee STOCKHOLM (Reuters) – Telefonica Germany will move one million 5G customers to Amazon Web Services (AWS) ..
News
Stocks rally anew on US rate cut hopes; dollar steady
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global shares traded close to one-month highs on Tuesday, boosted by rev..
News
Meta to expand AI image generation offerings for ads
NEW YORK (Reuters) – Meta Platforms, the parent company of Facebook and Instagram, said on Tuesday it was expanding its suite o..
News
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 notched a record closing high on Tuesday in a bro..
News
US dollar edges lower but up against yen, Aussie
By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar slipped on Tuesday but strengthened against the Japanese yen as expec..
News
Race for Europe’s first ‘real-time’ stock trade tape heats up
LONDON (Reuters) – Banks and asset managers are vying with Europe’s exchanges to develop technology that can deepen the pool o..
News
Apple unveils new AI-focused chip in upgraded iPad Pro
(Reuters) -Apple unveiled its latest iPad Pro on Tuesday with a new chip for artificial intelligence computing as it rushes to catch..
News