Downturn in German manufacturing may be bottoming out, PMI shows
Downturn in German manufacturing may be bottoming out, PMI shows BERLIN (Reuters) – The downturn in Germany’s manufacturin..
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Asian factory activity expands in May on robust global demand
Asian factory activity expands in May on robust global demand By Leika Kihara TOKYO (Reuters) -Asian factory activity expanded in May ..
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What S&P’s ratings downgrade means for France
By Leigh Thomas PARIS (Reuters) -Standard & Poor’s (S&P) decision to downgrade its rating on France’s sovereign de..
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Italian banks must invest more in technology, central bank says
Italian banks must invest more in technology, central bank says ROME (Reuters) – Technology investments by larger Italian banks ..
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UK supermarket sales set for Euro 2024 fillip, says NIQ
UK supermarket sales set for Euro 2024 fillip, says NIQ LONDON (Reuters) – The return of some warm weather in May helped drive s..
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Euro zone inflation rises in fresh signal for ECB caution
Euro zone inflation rises in fresh signal for ECB caution By Francesco Canepa FRANKFURT (Reuters) -Euro zone inflation rose in May, da..
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Pound heads for best monthly gain of 2024 ahead of US inflation
Pound heads for best monthly gain of 2024 ahead of US inflation LONDON (Reuters) – The pound headed on Friday for its best month..
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Dell shares slump as heavy AI investments expected to dent margin
Dell shares slump as heavy AI investments expected to dent margin (Reuters) -Dell Technologies shares tumbled about 18% on Friday, as ..
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Dollar slides after US inflation meets expectations in April
Dollar slides after US inflation meets expectations in April By Hannah Lang and Joice Alves NEW YORK/LONDON (Reuters) – The doll..
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Oil set for weekly loss ahead of OPEC+ meeting
Oil set for weekly loss ahead of OPEC+ meeting By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Friday and were set for a weekly l..
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Stocks lose steam after U.S. data
LONDON (Reuters) -MSCI’s global equities index gave up earlier gains on Friday after data showed modest U.S. inflation in April,..
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European shares rise after US inflation data keeps Fed rate cut hopes alive
By Shubham Batra and Shashwat Chauhan (Reuters) -European shares rose on Friday after softer U.S. inflation data spurred hopes of inte..
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London stocks end higher for third month
London stocks end higher for third month By Pranav Kashyap and Purvi Agarwal (Reuters) -London stocks closed higher on Friday, logging..
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Nvidia set to overtake Apple as world’s second-most valuable company
Nvidia set to overtake Apple as world’s second-most valuable company By Medha Singh (Reuters) -Nvidia could soon surpass Apple t..
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Randy Larson – A Life of Integrity, Service, and Stewardship
In a world where financial advisors are often seen as mere number crunchers, Randy Larson stands out as an example of integrity, servi..
BUSINESS
EU approves Italian aid for $5.4 billion STMicro chip plant
EU approves Italian aid for $5.4 billion STMicro chip plant By Toby Sterling CATANIA, Italy (Reuters) -The European Commission on Frid..
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German retail sales fall more than expected in April
German retail sales fall more than expected in April (Reuters) -German retail sales fell more than expected in April, decreasing by 1...
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Renault, Geely create joint venture for hybrid, combustion engines
Renault, Geely create joint venture for hybrid, combustion engines (Reuters) -French automaker Renault and Chinese partner Geely annou..
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Investors hold their breath for inflation data
A look at the day ahead in European and global markets from Ankur Banerjee The time for waiting is almost over as inflation reports fr..
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Analysis-Aircraft shortages turn into cash bonanza for some airlines
Analysis-Aircraft shortages turn into cash bonanza for some airlines By Rajesh Kumar Singh CHICAGO (Reuters) – Aircraft shortage..
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India cenbank moves 100 tons of gold from UK to domestic vaults, TOI reports
India cenbank moves 100 tons of gold from UK to domestic vaults, TOI reports BENGALURU (Reuters) – India’s central bank ha..
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Stocks regain some ground, bonds steady after rate angst sell-off
Stocks regain some ground, bonds steady after rate angst sell-off By Samuel Indyk and Rae Wee LONDON (Reuters) -European stocks edged ..
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Human X Machine: Money 20/20 Europe Starts June 4 in Amsterdam
Human X Machine: Money 20/20 Europe Starts June 4 in Amsterdam Amsterdam, Netherlands, May 30th, 2024, FinanceWire One of the world’s ..
BUSINESS
Britain’s creaking power grid leaves green energy revolution adrift
By Paul Sandle and Kate Holton PORTSMOUTH, England (Reuters) – British ferry operator Wightlink wants to order a $60 million, st..
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Battle over power pylons highlights Britain’s net zero challenge
Battle over power pylons highlights Britain’s net zero challenge By Elizabeth Piper WAVENEY VALLEY, England (Reuters) – Do..
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WhiteBIT Joins Fireblocks Network to Scale Its Institutional Business
WhiteBIT, one of Europe’s largest crypto exchanges, has announced its integration with Fireblocks, an enterprise platform designed to ..
FINANCE
Mellifera launches AI fraud detection platform
Mellifera launches AI fraud detection platform St. Julian’s, Malta, May 30th, 2024, FinanceWire Mellifera unveils advanced AI fraud de..
FINANCE
Sneaker maker Golden Goose aims to list in Milan in June
Sneaker maker Golden Goose aims to list in Milan in June MILAN (Reuters) – Italian luxury sneaker brand Golden Goose said on Thu..
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Airline SAS posts bigger Q2 loss, eyes end to restructuring
(Reuters) – Scandinavian airline SAS posted a bigger pretax loss for its fiscal second quarter compared to a year earlier..
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German inflation higher than expected ahead of ECB rates decision
By Rachel More BERLIN (Reuters) -German inflation rose slightly more than forecast to 2.8% in May, although economists said an increas..
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Global unemployment to slightly fall in 2024, UN labour body says
Global unemployment to slightly fall in 2024, UN labour body says By Matteo Allievi (Reuters) -The global unemployment rate is expecte..
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Aplomado Investments & Fenton Whelan Real Estate (AFW) and GSM Middle East to launch a super-premium, British international School on Qetaifan Island North, Qatar
Aplomado Investments & Fenton Whelan Real Estate (AFW) and GSM Middle East to launch a super-premium, British international School..
INVESTING
China’s Geely to launch hybrids with more fuel-efficient engines
China’s Geely to launch hybrids with more fuel-efficient engines SHANGHAI (Reuters) – China’s Geely Holding Group on..
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German consumer sentiment recovers further heading into June
German consumer sentiment recovers further heading into June BERLIN (Reuters) – German consumer sentiment improved for the fourt..
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Uber to offer Seine cruises, day trips in Paris during Olympics rush
Uber to offer Seine cruises, day trips in Paris during Olympics rush (Reuters) – Uber Technologies unveiled a raft of measures o..
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BYD unveils new hybrid tech as battle with gasoline rivals heats up
SHANGHAI (Reuters) -China’s BYD launched on Tuesday the latest version of a plug-in hybrid technology that improves fuel and cos..
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Hess shareholders sign off on $53 billion sale to Chevron
Hess shareholders sign off on $53 billion sale to Chevron By Sabrina Valle HOUSTON (Reuters) -Hess shareholders on Tuesday approved th..
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