Sabadell board meets to consider BBVA’s $13 billion offer, sources say
MADRID (Reuters) -Sabadell’s board was meeting on Monday to discuss an all-share offer from larger Spanish bank BBVA that was wo..
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World shares climb on Fed cut bets, China gains; yen weakens
LONDON (Reuters) -U.S. stocks looked to open higher on renewed bets that the Federal Reserve would likely ease interest rates this yea..
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BioNTech says 90% of 2024 revenues will accrue at end of year
BioNTech says 90% of 2024 revenues will accrue at end of year By Ludwig Burger FRANKFURT (Reuters) -Germany’s BioNTech, whose CO..
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Shares in Spain’s Indra surge after net profit rises 40%
Shares in Spain’s Indra surge after net profit rises 40% By Matteo Allievi (Reuters) -Shares in Spanish defence and technology f..
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Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter
Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter COPENHAGEN (Reuters) -The disruption to container shippin..
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Westpac raises share buyback by $661 million even as costs and competition bite
Westpac raises share buyback by $661 million even as costs and competition bite By Sameer Manekar (Reuters) -Australian bank Westpac r..
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Analysis-Apple has big AI ambitions – at a lower cost than its rivals
Analysis-Apple has big AI ambitions – at a lower cost than its rivals By Stephen Nellis (Reuters) -For most of the past year and..
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Sterling shrugs off local election to focus on US payrolls data
LONDON (Reuters) – Sterling rose on Friday against a weakening dollar ahead of U.S. jobs data due later in the day, while local ..
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Global equity funds attract robust weekly inflows, led by Asia
Global equity funds attract robust weekly inflows, led by Asia (Reuters) – Global equity funds experienced renewed interest from..
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Oil prices set for steepest weekly drop in three months
Oil prices set for steepest weekly drop in three months By Ahmad Ghaddar and Deep Kaushik Vakil LONDON (Reuters) -Oil prices steadied ..
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Dollar drops as employers add fewer jobs than expected in April
Dollar drops as employers add fewer jobs than expected in April By Karen Brettell NEW YORK (Reuters) – The dollar fell to a thre..
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Stocks jump, yields fall on hopes U.S. labor tightness ebbing
Stocks jump, yields fall on hopes U.S. labor tightness ebbing By Alden Bentley and Huw Jones NEW YORK/LONDON (Reuters) -Wall Street fo..
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Revolutionizing Cloud Infrastructure for Financial Institutions
In the financial sector, one of the most transformative trends has been the rise of cloud computing. This technological leap is not ju..
TECHNOLOGY
Klumi Ventures UAE’s First Web3 Venture Capital Firm Regulated by ADGM
Klumi Ventures UAE’s First Web3 Venture Capital Firm Regulated by ADGM Abu Dhabi, UAE, May 2nd, 2024, FinanceWire Klumi Ventures..
FINANCE
Analysis-Traders prep for another round of yen whack-a-mole
Analysis-Traders prep for another round of yen whack-a-mole By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) – Japan’..
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Oil edges back towards 7-week low after resilient US jobs data
Oil edges back towards 7-week low after resilient US jobs data By Robert Harvey and Deep Kaushik Vakil LONDON (Reuters) -Oil edged bac..
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Greek summer wildfire threat nears, outpacing plans to contain it
Greek summer wildfire threat nears, outpacing plans to contain it By Angeliki Koutantou ATHENS (Reuters) – When firefighters arr..
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Euro zone factory activity takes turn for the worse in April, PMI survey shows
Euro zone factory activity takes turn for the worse in April, PMI survey shows By Jonathan Cable LONDON (Reuters) -The downturn in man..
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Sterling gives back some Fed-inspired gains, eyes on local elections
Sterling gives back some Fed-inspired gains, eyes on local elections By Samuel Indyk LONDON (Reuters) – The British pound slippe..
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UK set for weak growth and highest inflation in G7, OECD says
UK set for weak growth and highest inflation in G7, OECD says
UK set for weak growth and highest inflation in G7, OECD says By Andy Bruce LONDON (Reuters) -Britain will suffer some of the lowest rates of economic..
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European shares struggle for direction in earnings tide, Fed decision
European shares struggle for direction in earnings tide, Fed decision By Ankika Biswas (Reuters) -European shares flitted in a tight r..
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Simplifying Shopify: Essential Financial Tips and Common Pitfalls for New Sellers
Simplifying Shopify: Essential Financial Tips and Common Pitfalls for New Sellers Starting an online store on Shopify offers an exciti..
BUSINESS
Garmin’s Q1 results beat on strong demand for fitness, auto products
(Reuters) -Garmin topped Wall Street estimates for first-quarter results on Wednesday as the Swiss navigation device maker benefited f..
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Stocks, dollar dip after data with eyes on Fed
Stocks, dollar dip after data with eyes on Fed By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks declined for t..
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Apple set for big sales decline as investors await AI in iPhones
Apple set for big sales decline as investors await AI in iPhones By Yuvraj Malik (Reuters) – Apple’s plan to add generativ..
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Sterling holds steady as markets await Fed decision
Sterling holds steady as markets await Fed decision By Harry Robertson LONDON (Reuters) – The pound held steady on Wednesday as ..
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GSK raises profit outlook on strong vaccine, HIV drug sales
By Eva Mathews and Maggie Fick (Reuters) -GSK raised its full-year profit forecast on Wednesday on strong demand for its common respir..
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AI fuels cloud computing boom for tech giants
AI fuels cloud computing boom for tech giants By Yuvraj Malik (Reuters) – Three of the Wall Street’s heavyweight technol..
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Britain’s Next keeps profit guidance after first-quarter sales rise
By James Davey LONDON (Reuters) -British clothing retailer Next on Wednesday kept its forecast for annual profit after reporting a 5.7..
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US spending on London real estate rebounds to highest in eight years
US spending on London real estate rebounds to highest in eight years By Iain Withers LONDON (Reuters) – U.S. investors are buyin..
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Extreme heat shuts schools for millions, widening learning gaps worldwide
Extreme heat shuts schools for millions, widening learning gaps worldwide By Gloria Dickie and Ruma Paul (Reuters) -Hena Khan, a grade..
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Sensodyne-maker Haleon posts tepid sales as demand for some products cool off
Sensodyne-maker Haleon posts tepid sales as demand for some products cool off (Reuters) -Consumer healthcare company Haleon reported f..
Uncategorized
Investors scour the globe for shelter as Wall Street shakes
Investors scour the globe for shelter as Wall Street shakes By Naomi Rovnick LONDON (Reuters) – Global investors are eyeing Euro..
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US spending on London real estate rebounds to highest in eight years
US spending on London real estate rebounds to highest in eight years By Iain Withers LONDON (Reuters) – U.S. investors are buyin..
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Microsoft to open first regional data centre in Thailand
Microsoft to open first regional data centre in Thailand BANGKOK (Reuters) -Microsoft will open its first regional data centre in Thai..
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McDonald’s posts rare profit miss as customers turn picky
By Savyata Mishra (Reuters) -McDonald’s missed quarterly profit estimates for the first time in two years as budget-conscious co..
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Euro zone inflation steady in April, reinforcing ECB rate cut case
Euro zone inflation steady in April, reinforcing ECB rate cut case FRANKFURT (Reuters) – Euro zone inflation held steady as expe..
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