Morning Bid: Markets shift to holiday mood
A look at the day ahead in European and global markets from Wayne Cole It’s been a blessedly quiet start to the week in A..
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Shell, PetroChina to expand Surat coal seam gas project in Australia
(Reuters) -Shell and PetroChina have decided to expand the Surat coal seam gas project (SGP) in Queensland, the British oil and..
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Yen slips, markets brace for US inflation data
By Vidya Ranganathan SINGAPORE (Reuters) – The yen was a tad softer against the dollar in trading thinned by a Japanese h..
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Oil holds on to last week’s gains buoyed by Mideast tensions, economic data
By Colleen Howe BEIJING (Reuters) – Oil prices were little changed in early Asian trading on Monday, holding on to most of last ..
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French 2024 wine production seen falling after wet weather
By Sybille de La Hamaide PARIS (Reuters) – Wine output in France, the world largest producer, is set to fall sharply this year a..
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Stocks recoup most of week’s sell-off as nerves steady
By Huw Jones LONDON (Reuters) -Global shares extended gains on Friday to erase nearly all of their losses from a big sell-off earlier ..
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Dollar steady on US jobs relief as yen heads for first weekly drop in six
By Kevin Buckland and Sruthi Shankar TOKYO (Reuters) -The dollar was close to a one-week high against other major currencies on Friday..
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Factbox-Who is Tan Su Shan, Singapore bank DBS’s incoming CEO?
By Roushni Nair and Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s DBS Group has appointed Tan Su Shan, currently its i..
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Dollar gains after US jobless claims fall more than expected
By Hannah Lang NEW YORK (Reuters) – The dollar rose on Thursday after new U.S. labor market data showed that unemployment benefi..
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Global stock index rises with dollar, yields as data calms nerves
By Sinéad Carew and Harry Robertson NEW YORK/LONDON (Reuters) -A closely followed global equities index jumped more than 1% on Thursda..
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Glencore to keep coal assets and stick with London listing
By Felix Njini and Pratima Desai JOHANNESBURG/LONDON (Reuters) -Glencore will keep its coal business after securing backing from a maj..
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Supermarket group Ahold Delhaize posts Q2 margin beat
By Stephanie Hamel and Charlotte Eugenie Yvette Bawol (Reuters) -Supermarket group Ahold Delhaize beat second-quarter core prof..
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Bottler Coca-Cola HBC raises 2024 revenue and operating profit forecasts
(Reuters) – Bottler Coca-Cola HBC boosted its annual operating profit and revenue forecast on Wednesday, as the Swiss group post..
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Siemens Energy raises free cash flow outlook after solid Q3
FRANKFURT (Reuters) -Siemens Energy on Wednesday raised its free cash flow outlook for the second time in three months, citing ..
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Vans-parent VF Corp posts smaller Q1 revenue drop than expected, on better China demand
(Reuters) -VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its Chin..
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Unwind of massive yen-funded carry has room to go, analysts say
NEW YORK (Reuters) – An epic unwinding of the yen-funded carry trade that has reverberated through global markets may have furth..
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Oil prices recover from multi-month lows in volatile trade
By Shariq Khan NEW YORK (Reuters) -Oil prices rose about 1% in volatile trade on Tuesday, bouncing off multi-month lows hit in the pre..
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Global stocks rebound from sell-off; Treasury yields, dollar higher
By Sinéad Carew and Amanda Cooper NEW YORK/ LONDON (Reuters) – Equities around the world were attempting a comeback on Tuesday a..
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Dollar recovers ground, yen steadies as currency market frenzy eases
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar recovered ground against most major peers on Monday and the Japanese yen st..
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Europe’s STOXX 600 edges up in global recovery, earnings relief
By Pranav Kashyap and Ankika Biswas (Reuters) -European shares rose on Tuesday, mirroring a recovery in global markets after the previ..
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Paris wheat falls on world financial market meltdown, strong euro
HAMBURG/PARIS (Reuters) -Euronext wheat futures fell on Monday, pressured by a stronger euro and economic fears sweeping through finan..
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Oil climbs more than $1 into positive territory
By Erwin Seba HOUSTON (Reuters) -Oil climbed more than $1 on Monday, returning to positive territory in volatile trade as markets were..
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Analysis-Global market rout has more to do with end of cheap funding than US economy
By Nell Mackenzie and Yoruk Bahceli LONDON (Reuters) – A meltdown in world equity markets in recent days is more reflective of a..
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Dollar down as US rate cut bets rise, yen surges
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar sank to a near 7-month low against a basket of peers on Monday, and sold off ..
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Stocks sink with bond yield and dollar on recession fears
By Sinéad Carew and Nell Mackenzie NEW YORK/LONDON (Reuters) -Global equities suffered heavy losses on Monday as Wall Street joined a ..
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Investors’ comments on global stocks rout
(Reuters) – Share markets around the world tumbled and bonds rallied on Monday as fears the United States could be heading for r..
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Yen rises to 7-month highs as US slowdown fears spill over
By Vidya Ranganathan SINGAPORE (Reuters) -Japan’s yen hit its highest levels against the dollar since January on Monday, ..
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Aero parts supplier Senior’s H1 profit rises on strong demand
(Reuters) -British aerospace engineer Senior Plc posted a 10% rise in its first-half profit on Monday, buoyed by demand for commercial..
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L’Oreal to acquire 10% stake in Swiss skin care company Galderma
ZURICH (Reuters) -French cosmetics company L’Oreal is to acquire a 10% stake in Swiss skin care firm Galderma from a grou..
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Bitcoin, ether sink to multi-month lows as recession worries take hold
(Reuters) -Bitcoin and ether tumbled on Monday to multi-month lows as worries over a possible U.S. recession in the wake of sof..
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Oil down $2 as investors digest weak US job data
By Georgina McCartney HOUSTON (Reuters) -Oil prices slid by more than $2 on Friday, on track for a fourth successive weekly drop after..
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Olympics-Equestrian-Britain win team jumping gold ahead of US and France
By Tassilo Hummel VERSAILLES (Reuters) -Britain’s equestrian team bagged another Olympic title as showjumpers Ben Maher, Harry C..
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London’s FTSE 100 falls over 1% amid global stock slump
By Purvi Agarwal and Shubham Batra (Reuters) -London stocks rounded the week off with heavy losses amid a global risk-off mood after a..
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European shares tumble as global equity rout amplifies
By Pranav Kashyap and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 fell close to 3% on Friday as global equity markets ran int..
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Hedge fund investor appetite hit by high fees and private credit, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) -Global investor appetite for the most expensive multi-strategy hedge funds has fallen, Goldman Sac..
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Walmart’s low price promise in focus after Amazon’s warning
By Aishwarya Venugopal and Siddharth Cavale (Reuters) -Walmart’s “Everyday Low Price” promise will be put to the tes..
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Amazon shares drop on slowing online sales growth
By Savyata Mishra (Reuters) -Shares of Amazon.com fell more than 12% on Friday after the company reported slowing online sales growth ..
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