European shares rebound from one-month low; ECB rate verdict up next
By Ankika Biswas, Johann M Cherian and Ozan Ergenay (Reuters) -European shares staged a recovery after a knee-jerk reaction to a high..
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US dollar surges vs yen to highest since mid-1990 after hotter-than-expected inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose across the board on Wednesday, soaring against the Japanese yen to ..
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EU extends trade guide on Chinese distortions to new sectors
BRUSSELS (Reuters) – The European Commission has updated its report on state-led distortions in the Chinese economy, adding new ..
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UK’s Tesco forecasts profit rise as consumer sentiment improves
LONDON (Reuters) -Britain’s biggest retailer Tesco forecast a further rise in profit on Wednesday, citing early signs of improvi..
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M&C Saatchi expects 2024 profit to meet forecasts
(Reuters) – M&C Saatchi said on Wednesday it expected to meet profit expectations this year, betting on its cost-savings in..
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UK’s THG returns to revenue growth in Q4 on demand for beauty products
(Reuters) – British e-commerce firm THG said on Wednesday its revenue continued to improve in 2024 after returning to growth in..
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Puma hones focus on speed in Olympic battle with Adidas and Nike
By Helen Reid PARIS (Reuters) – German sportswear brand Puma is using this year’s Olympic Games and its partnership with ..
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Barry Callebaut operating profit falls 40% on transformation costs
(Reuters) -Barry Callebaut, the world’s biggest chocolate maker, reported lower than expected half-year operating profit on Wedn..
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Shocks in G20 emerging economies hit rich-world growth, IMF says
LONDON (Reuters) – Domestic shocks in emerging economies in the G20 are increasingly impacting growth in the rich world, accor..
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World stocks mixed ahead of US inflation, metals soar
LONDON (Reuters) -Global shares were mixed on Tuesday ahead of this week’s U.S. inflation data and a crucial European Central Ba..
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US dollar struggles for direction ahead of data despite rise in yields
By Stefano Rebaudo (Reuters) -The dollar struggled for direction on Tuesday as investors were cautious ahead of inflation data due on..
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Italy cuts growth forecasts and says debt set to rise
By Giuseppe Fonte and Matteo Negri ROME (Reuters) -The Italian government on Tuesday cut its growth forecast for this year and next, ..
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Daimler Truck Q1 sales drop 13% as markets normalize
BERLIN (Reuters) – Daimler Truck Group reported a 13% drop in first-quarter sales on Tuesday, as the markets normalize as expec..
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Italian hearing aid market lacks transparency, regulator says
ROME (Reuters) – The retail market for hearing aids in Italy – dominated by domestic player Amplifon – lacks transp..
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Oil prices turn higher as Middle East ceasefire hopes wane
By Colleen Howe and Andrew Hayley BEIJING (Reuters) -Oil prices rose on Tuesday after hopes diminished that negotiations between Isra..
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Crypto survey shows less consumer scepticism, but a third expect bitcoin price fall
(This April 8 story has been corrected to fix the bitcoin record high in paragraph 7) LONDON (Reuters) – Consumers are becoming..
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Stocks rise slightly as oil cools; Treasury yields touch 4-month high
By Sinéad Carew and Harry Robertson NEW YORK/LONDON (Reuters) -Equity indexes rose slightly on Monday as U.S. bond yields hit their h..
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Norwegian Cruise orders eight new ships, biggest order in its history
By Doyinsola Oladipo NEW YORK (Reuters) -Norwegian Cruise Line Holdings has placed the largest ship order in its history to meet the ..
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Big companies’ emissions goals are too weak, report says
(Reuters) – The carbon emissions reduction targets of a group of the biggest listed companies are too weak collectively, meaning..
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US dollar skids ahead of inflation data; yen not far from 1990 lows
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slid on Monday as investors focused on U.S. inflation data due later this ..
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North America experiences total solar eclipse, starting at Mexican resort
By Henry Romero, Joseph Ax and Brad Brooks MAZATLAN, Mexico (Reuters) -The first total solar eclipse to grace North America in seven ..
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Eclipse boosts travel as Americans chase rare celestial event
(Reuters) -The upcoming solar eclipse is proving to be a good omen for travel firms, as some parts of the United States that fall in t..
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Euro zone investor morale hits two-year high in April
FRANKFURT (Reuters) – Investor morale in the euro zone improved for the sixth consecutive month in April to its highest level in..
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Vivendi’s Canal+ makes mandatory buyout offer for South Africa’s MultiChoice
JOHANNESBURG (Reuters) -French media group Vivendi’s Canal+ made an all-cash mandatory offer on Monday to buy all the shares of ..
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HSBC targets wealthy expats, bullish Asian firms to drive Europe unit, exec says
By Sinead Cruise and Lawrence White LONDON (Reuters) – HSBC’s European chief is betting on rising regional wealth and ove..
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Large UK companies see lowest uncertainty in nearly 3 years
By David Milliken LONDON (Reuters) – Concern among large British companies about economic uncertainty has fallen to its lowest ..
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Butler Industries joins Onepoint in Atos rescue consortium
PARIS (Reuters) – Paris-based Butler Industries is joining a consortium to rescue distressed IT consulting firm Atos, the compa..
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Analysis-Dutch set to comply with U.S. demands on China exports
By Toby Sterling AMSTERDAM (Reuters) – U.S. demands that chipmaking giant ASML stop servicing some equipment it has sold to Chi..
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Analysis-Women in UK finance earn a third less than male colleagues, data shows
By Sinead Cruise and Carolyn Cohn LONDON (Reuters) – Some of Britain’s top financial firms pay women 28.8% less on averag..
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Red hot U.S. payrolls pull rug under June Fed rate cut bet
By Huw Jones LONDON (Reuters) -The dollar and bond yields rose on Friday after much stronger than expected growth in March U.S. payro..
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Oil heads for second weekly gain on tighter supply outlook
By Ahmad Ghaddar and Noah Browning LONDON (Reuters) -Oil prices extended gains on Friday and were on course for a second weekly gain,..
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European shares slide to two-week low on hawkish Fed comments, geopolitical worries
(Reuters) – European stocks fell to a more than two-week low on Friday, tracking a global skittishness in sentiment following ha..
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Dollar boosted after job growth in March exceeds expectations
By Hannah Lang and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar was up on Friday after data showed that U.S. job growth in Mar..
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Senior doctors in England accept new pay offer and end strikes
LONDON (Reuters) -Senior doctors in England have voted to accept an improved offer from the government on pay and conditions, easing ..
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Tencent’s next level up: fewer big foreign franchise games, more in-house
HONG KONG (Reuters) – (This March 21 story has been corrected to rectify the time period from ‘last month’ to ‘..
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UK house prices fall for first time in 6 months as rates stay high
By David Milliken LONDON (Reuters) – British house prices fell 1.0% in March, their first drop since September 2023, figures fr..
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Holcim to acquire South American concrete products firm Tensolite
ZURICH (Reuters) – Holcim on Friday said it will buy Tensolite, a maker and distributor of pre-cast concrete systems in South A..
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