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China stimulus pushes global shares to new peak, boosts commodities

China stimulus pushes global shares to new peak, boosts commodities

  By Ankur Banerjee and Sruthi Shankar SINGAPORE/LONDON (Reuters) – World stocks hit a record high on Tuesday after China u..

Miniso shares slump on plans to buy stake in Yonghui Superstores

Miniso shares slump on plans to buy stake in Yonghui Superstores

  HONG KONG (Reuters) -Shares of Miniso Group Holding plunged as much as 39.2% to HK$20 ($2.57) on Tuesday after the company said..

Unilever CEO looking for first-ever global plastics treaty with “teeth”

Unilever CEO looking for first-ever global plastics treaty with “teeth”

  By Jessica DiNapoli NEW YORK (Reuters) – Unilever CEO Hein Schumacher hopes to see a global plastics treaty that “h..

Qualcomm’s potential Intel buyout could raise antitrust, foundry concerns

Qualcomm’s potential Intel buyout could raise antitrust, foundry concerns

  By Aditya Soni and Yuvraj Malik (Reuters) -A potential deal to buy Intel could accelerate Qualcomm’s diversification but ..

Almost 30,000 suspected mpox cases in Africa this year, WHO says

Almost 30,000 suspected mpox cases in Africa this year, WHO says

  LONDON (Reuters) – Nearly 30,000 suspected mpox cases have been reported in Africa so far this year, most of them in Demo..

Sterling at two-year peak versus euro after PMI data

Sterling at two-year peak versus euro after PMI data

  (Reuters) – Sterling dipped against the dollar on Monday but touched a new two-year high versus the euro as business acti..

European shares edge higher as traders brace for data-packed week

European shares edge higher as traders brace for data-packed week

  By Pranav Kashyap (Reuters) -European shares edged higher on Monday, though gains were capped by caution as investors tread car..

Siemens to carve out EV charging business

Siemens to carve out EV charging business

  BERLIN (Reuters) – Siemens plans to carve out its electric vehicle (EV) charging business, Siemens eMobility, to open opp..

Oil climbs on Middle East escalation fears, US Fed rate cut

Oil climbs on Middle East escalation fears, US Fed rate cut

  By Gabrielle Ng and Emily Chow SINGAPORE (Reuters) -Oil prices rose on Monday, buoyed by concerns that heightened conflict in t..

BNP Paribas signs deal to buy HSBC private banking unit in Germany

BNP Paribas signs deal to buy HSBC private banking unit in Germany

  PARIS (Reuters) -BNP Paribas <BNPP.PA> has signed a deal to buy HSBC’s private banking unit in Germany as it contin..

Novo Nordisk faces US congressional grilling over price of weight loss drugs, FT reports

Novo Nordisk faces US congressional grilling over price of weight loss drugs, FT reports

  (Reuters) – Novo Nordisk’s chief executive is preparing for a showdown next week with U.S. Senator Bernie Sanders o..

Asia stocks, Wall St futures edge up; China trims repo rate

Asia stocks, Wall St futures edge up; China trims repo rate

  By Wayne Cole SYDNEY (Reuters) -Asian stocks firmed on Monday ahead of central bank meetings that are widely expected to delive..

Analysis-SocGen&#8217;s CEO Krupa tightens screws on costs as bank&#8217;s turnaround plan falls flat

Analysis-SocGen’s CEO Krupa tightens screws on costs as bank’s turnaround plan falls flat

By Mathieu Rosemain PARIS (Reuters) – Societe Generale’s CEO Slawomir Krupa is set to turn the screws further on costs a..

EU regulator backs use of Novo&#8217;s Wegovy for obesity-related heart condition

EU regulator backs use of Novo’s Wegovy for obesity-related heart condition

(Reuters) -The European Medicines Agency backed the use of Novo Nordisk’s popular drug Wegovy to help ease heart failure in peop..

Analysis-Extreme weather adds to fiscal strains in central Europe

Analysis-Extreme weather adds to fiscal strains in central Europe

By Jan Lopatka, Karol Badohal and Gergely Szakacs PRAGUE/WARSAW (Reuters) – Just a week ago, before deadly floods swept throug..

Yen slides as BOJ governor steers clear of rate hike talk

Yen slides as BOJ governor steers clear of rate hike talk

By Linda Pasquini and Wayne Cole LONDON/SYDNEY (Reuters) – The yen weakened on Friday after the Bank of Japan signalled it was i..

Oil prices set to end week higher after US rate cut

Oil prices set to end week higher after US rate cut

By Arunima Kumar (Reuters) -Oil prices eased on Friday, but were on track to register gains for a second straight week following a lar..

Global investors brace for turmoil as big Fed cut sows confusion

Global investors brace for turmoil as big Fed cut sows confusion

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -Big global investors are on alert for wild market swings after a jumbo U.S. rate ..

Morning Bid: BOJ brings yen into sharper focus

Morning Bid: BOJ brings yen into sharper focus

A look at the day ahead in European and global markets from Wayne Cole. It was left to the Bank of Japan (BOJ) to end “central b..

Analysis-Investors shun European car stocks despite rock bottom valuations

Analysis-Investors shun European car stocks despite rock bottom valuations

  By Sruthi Shankar and Danilo Masoni (Reuters) – European auto stocks are so unpopular right now that investors keep reduc..

BOJ keeps interest rates steady, sticks to upbeat economic view

BOJ keeps interest rates steady, sticks to upbeat economic view

  TOKYO (Reuters) – The Bank of Japan kept interest rates steady on Friday and maintained its view the economy remained on ..

Germany considering ways to support VW, economy minister says

Germany considering ways to support VW, economy minister says

  FRANKFURT/BERLIN (Reuters) -Germany’s government is considering ways to support Volkswagen, German economy minister and v..

Bavarian says mpox vaccine approved by EU regulator for adolescents

Bavarian says mpox vaccine approved by EU regulator for adolescents

LONDON (Reuters) -Bavarian Nordic said on Thursday its mpox vaccine was approved by the EU’s drug regulator for use in adolescen..

Analysis-After jumbo Fed rate cut, market hopes ride on US soft landing

Analysis-After jumbo Fed rate cut, market hopes ride on US soft landing

  By Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) – One of the most consequential Federal Reserve meetings in re..

UK reports sharpest rise in health-related welfare claims, study shows

UK reports sharpest rise in health-related welfare claims, study shows

  LONDON (Reuters) – Britain has seen the biggest rise in health-related welfare benefits among a group of similar economie..

Bank of England set to hold rates with bond sales in spotlight

Bank of England set to hold rates with bond sales in spotlight

  By Andy Bruce (Reuters) – The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs tha..

Britain needs finance sector strategy to tap foreign billions, report says

Britain needs finance sector strategy to tap foreign billions, report says

LONDON (Reuters) – Britain could attract up to 7.7 billion pounds ($10.2 billion) in additional foreign sovereign investment by ..

Global health fund says health, climate, conflict &#8216;triple whammy&#8217; hits world&#8217;s poorest

Global health fund says health, climate, conflict ‘triple whammy’ hits world’s poorest

  By Jennifer Rigby LONDON (Reuters) – Climate change and conflict risk overshadowing efforts to improve people’s hea..

ING bank tightens restrictions on oil and gas lending

ING bank tightens restrictions on oil and gas lending

  By Virginia Furness and Simon Jessop Dutch lender ING is further restricting access to finance for some oil and gas companies a..

Hims &amp; Hers offers compounded Wegovy for $99 a month to select professions

Hims & Hers offers compounded Wegovy for $99 a month to select professions

  By Amina Niasse NEW YORK (Reuters) – U.S. telehealth company Hims & Hers Health on Wednesday said it will sell compou..

Fed&#8217;s Powell: Central bank forecasts don&#8217;t point to urgent action

Fed’s Powell: Central bank forecasts don’t point to urgent action

  By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Wednesday that central bank forecast..

Fed policymakers see end-2024 policy rate at 4.4%: projections

Fed policymakers see end-2024 policy rate at 4.4%: projections

WASHINGTON (Reuters) – U.S. central bankers think they’ll need to lower interest rates to a range of 4.25%-4.50% by year-end, ..

Artificial heart maker Carmat&#8217;s shares slide on $11.5 million capital hike

Artificial heart maker Carmat’s shares slide on $11.5 million capital hike

(Reuters) -Artificial heart maker Carmat announced a capital increase of an initial 10.3 million euros ($11.5 million) on Wednesday ..

With Fed&#8217;s rate cut at hand, debate swirls over how large a move

With Fed’s rate cut at hand, debate swirls over how large a move

By Howard Schneider WASHINGTON (Reuters) -The Federal Reserve on Wednesday will lower interest rates for the first time in more than f..

US stocks flat, dollar lower as traders brace for Fed easing

US stocks flat, dollar lower as traders brace for Fed easing

By Isla Binnie and Sruthi Shankar NEW YORK (Reuters) -Wall Street’s main stock indexes were broadly flat in early trade on Wedne..

UK&#8217;s Asda says retail veteran Stuart Rose to lead business

UK’s Asda says retail veteran Stuart Rose to lead business

  By James Davey LONDON (Reuters) -British supermarket group Asda, which has been losing market share, said its chairman, veteran..

Oil prices edge higher on US crude stocks, market awaits Fed decision

Oil prices edge higher on US crude stocks, market awaits Fed decision

By Laila Kearney NEW YORK (Reuters) -Oil prices were up on Wednesday on falling crude inventories in the United States, whiles the mar..