US dollar advances on month-end demand; focus on economic data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar gained on Wednesday due to month-end buying and technical factors afte..
FINANCE
All Posts
Lego outperforms toy market with robust sales in Europe and North America
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego’s sales of its colorful plastic bricks outpaced the overall ..
NEWS
Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup
By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 mi..
NEWS
Social media platform X back up after brief outage, Downdetector shows
(Reuters) -Social media platform X was back up on Tuesday night after an outage that lasted less than an hour, according to out..
TECHNOLOGY
Apple cuts about 100 digital services jobs, Bloomberg News reports
(Reuters) -Apple Inc has eliminated about 100 jobs in its digital services group, with the biggest cuts affecting the team resp..
TECHNOLOGY
HMD launches Barbie phone in partnership with Mattel
STOCKHOLM (Reuters) – HMD Global, which makes Nokia-branded phones, said it has teamed up with toymaker Mattel to launch ..
BUSINESS
Currencies trade in tight range as market awaits more U.S. rate cues
By Brigid Riley (Reuters) -The U.S. dollar held near its lowest level in more than a year against a basket of peers on Wednesda..
FINANCE
Oil rebounds as geopolitics, demand concerns whipsaw investors
(Reuters) – Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as in..
INVESTING
Climate campaigners take EU to court over 2030 emissions-cutting rules
By Kate Abnett BRUSSELS (Reuters) – Environmental campaigners have taken the European Commission to court over its emissions rul..
NEWS
US dollar weakens, sterling hits more two-year high
By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Sterling climbed to its highest against the U.S. dollar in more t..
TRADING
Exclusive-Intel board member quit after differences over chipmaker’s revival plan
By Max A. Cherney SAN FRANCISCO (Reuters) – The sudden resignation of a high-profile Intel board member came after differences w..
TECHNOLOGY
Analysis-Korea’s birth rate drive struggles to sway ‘YOLO’ generation
By Jihoon Lee, Cynthia Kim and Joyce Lee SEOUL (Reuters) – As South Korea scrambles to halt the sharp decline in its birt..
NEWS
Suspected mpox case at Brazilian airport likely chickenpox, hospital says
SAO PAULO (Reuters) -A suspected case of mpox in a passenger at Brazil’s main international airport is likely chickenpox,..
NEWS
UK shop prices dip for first time in nearly 3 years, survey shows
(Reuters) – British shop prices fell in annual terms this month for the first time since October 2021, pushed down by sum..
BUSINESS
Safe-haven yen, US dollar rally on escalating Middle East tension
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rallied from an eight-month low on Monday, while the yen rose a..
NEWS
Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance
By Arathy Somasekhar HOUSTON (Reuters) -Oil major Shell on Monday said it plans to shut-in different portions of its Zydeco pip..
BUSINESS
Analysis-Astronauts’ plight piles pressure on Boeing’s struggling space unit
By Joey Roulette WASHINGTON (Reuters) – NASA’s decision to send Boeing’s Starliner capsule home without astro..
NEWS
Ufunded.com Further Strengthens Platform with Native TradingView Integration
Dubai, United Arab Emirates, August 26th, 2024, FinanceWire The world’s first trading platform to provide instant funding to its users..
TRADING
Chip stocks slip, keeping European shares muted ahead of data-heavy week
By Pranav Kashyap and Lisa Pauline Mattackal (Reuters) -European shares were broadly flat in quiet trading on Monday, with semiconduct..
INVESTING
Aviation regulators press for global efforts to tackle turbulence
By Allison Lampert and Maki Shiraki MONTREAL/TOKYO (Reuters) – Aviation officials from Asia are making a case for global action ..
NEWS
Pay gap between bosses and ordinary workers widens in Switzerland
ZURICH (Reuters) -The gap between the highest- and lowest-paid workers in Switzerland widened in 2023, with top managers earning on av..
BUSINESS
Stocks edge lower, oil jumps on supply concerns over Mideast, Libya
By Chibuike Oguh and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -World equity markets edged lower on Monday as markets digested the li..
INVESTING
Nvidia Q2 sales likely to double, even a slight miss may hurt shares
By Arsheeya Bajwa (Reuters) – Nvidia is likely to report on Wednesday that its second-quarter revenue more than doubled. ..
INVESTING
Meyer Burger halts solar plant in Colorado, plans restructuring
ZURICH (Reuters) -Swiss solar panel maker Meyer Burger said on Monday it was suspending plans for a plant in Colorado as it ann..
NEWS
Analysis-Darkening global outlook, central bank pivots signal more turbulence
By Leika Kihara, Howard Schneider and Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) – Growing signs of lackluster growth..
BUSINESS
Asia shares hesitate and dollar dips; oil gains
By Wayne Cole SYDNEY (Reuters) – Major share markets turned hesitant in Asia on Monday, while the dollar and bond yields ..
FINANCE
Dollar sinks vs yen, hovers near 2-1/2-year low to sterling on dovish Fed shift
By Kevin Buckland TOKYO (Reuters) -The dollar sank to a three-week trough against the yen on Monday as Federal Reserve Chair Je..
FINANCE
Australian employees now have the right to ignore work emails, calls after hours
By Lewis Jackson SYDNEY (Reuters) – Is your boss texting you on the weekend? Work email pinging long after you’ve l..
NEWS
Cricket-England’s Wood ruled out of Sri Lanka series
(Reuters) – England fast bowler Mark Wood has been ruled out of the test series against Sri Lanka due to a thigh injury a..
NEWS
Floods kill 13 in Indonesia’s North Maluku, two injured
JAKARTA (Reuters) -Thirteen people were killed and two injured in Indonesia’s North Maluku province on Sunday after flood..
NEWS
BHP’s return to Argentina marks new hope for untapped copper mines
By Daina Beth Solomon and Divya Rajagopal SANTIAGO/TORONTO (Reuters) – A new incentive regime for mining in Argentina is ..
INVESTING
Oil up over 1% but set to end week down on demand concerns
By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose 1% on Friday on a softer dollar but were still set to end the week lower as weaker ..
BUSINESS
Iceland sees string of volcanic eruptions
COPENHAGEN (Reuters) -Iceland’s Reykjanes peninsula has seen a string of volcanic eruptions since 2021 when geological sy..
NEWS
Juanmari Molina’s Journey from Investment Banking to Sustainable Real Estate Leadership in Mexico
Combining his extensive experience in investment banking and private equity with a strong commitment to sustainability, J..
INVESTING
Extreme weather and geopolitics to send UK energy bills up 10%
By Catarina Demony and Radhika Anilkumar (Reuters) – British energy regulator Ofgem on Friday raised its price cap on hou..
BUSINESS
UK regulator says Thames Water commits to remedies after licence breach
(Reuters) – Britain’s water regulator on Friday confirmed the implementation of commitments from struggling Thames ..
NEWS
HSBC looks to double UK wealth business as banks target ‘mass affluent’
By Lawrence White and Sinead Cruise LONDON (Reuters) – HSBC aims to double the assets under management in its British wea..
BANKING