NEWS

Dollar stands tall in 2024, propped up by cautious Fed, Trump trade

Dollar stands tall in 2024, propped up by cautious Fed, Trump trade

By Ankur Banerjee SINGAPORE (Reuters) – The dollar was firm on the last trading day of the year, poised to clock strong gains in..

London’s FTSE 100 falls in thin trading after best week in December

London’s FTSE 100 falls in thin trading after best week in December

(Reuters) – London’s FTSE 100 dipped on Monday, after logging its best week in five on Friday, with aerospace and defence ..

Jimmy Carter worked tirelessly for peace and democracy, Nobel committee says

Jimmy Carter worked tirelessly for peace and democracy, Nobel committee says

OSLO (Reuters) -Former U.S. President Jimmy Carter should be praised for his “decades of untiring effort” to find peaceful..

Siemens reviewing Healthineers majority stake, CFO tells Handelsblatt

Siemens reviewing Healthineers majority stake, CFO tells Handelsblatt

MUNICH (Reuters) –     Siemens AG is reviewing its majority stake in medical technology subsidiary Siemens Healthineers,, the Ge..

Oil holds steady in thin holiday trade

Oil holds steady in thin holiday trade

LONDON (Reuters) -Oil prices were broadly steady on Monday in thin holiday trade at the end of the year, as traders awaited more Chine..

European stocks slip as bond yields stay high

European stocks slip as bond yields stay high

(Reuters) -European stocks edged lower on Monday as elevated government bond yields prompted investors to pull out of equities at the ..

Huawei cuts prices of a variety of high-end devices

Huawei cuts prices of a variety of high-end devices

BEIJING (Reuters) – Huawei cut the prices of a variety of high-end devices, including mobile phones, by up to 3,000 yuan ($411) ..

Shares muted in Asia, high yields test lofty valuations

Shares muted in Asia, high yields test lofty valuations

By Wayne Cole SYDNEY (Reuters) -Asian shares made a muted start to the week on Monday as high Treasury yields challenged rich Wall Str..

Yen hovers near 5-month low as BOJ’s cautious stance weighs

Yen hovers near 5-month low as BOJ’s cautious stance weighs

TOKYO (Reuters) –     The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve’s hawkish ..

Oil prices set for weekly gain on China stimulus optimism

Oil prices set for weekly gain on China stimulus optimism

(Reuters) –     Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts ..

Asian stocks drift, yen at 5-month low in thin year-end trading

Asian stocks drift, yen at 5-month low in thin year-end trading

SINGAPORE (Reuters) –     Asian stocks wobbled on Friday while the dollar was steady, keeping the yen rooted near five-month low..

Oil prices edge higher on hopes for more China stimulus

Oil prices edge higher on hopes for more China stimulus

TOKYO (Reuters) -Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China,..

Dollar stays resilient, Asia shares get festive lift

Dollar stays resilient, Asia shares get festive lift

SINGAPORE (Reuters) –     Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the we..

Santa Claus global flight to deliver presents underway

Santa Claus global flight to deliver presents underway

Santa Claus took off early Christmas Eve aboard his reindeer-powered sleigh to deliver presents around the world. That is according to..

Euro zone bond yields rise to one-month high

Euro zone bond yields rise to one-month high

LONDON (Reuters) -Euro zone government bond yields rose to their highest level in around a month on Monday as investors continued to t..

Polish e-commerce Allegro’s unit sues Alphabet for $568 million

Polish e-commerce Allegro’s unit sues Alphabet for $568 million

GDANSK (Reuters) -A subsidiary of Polish e-commerce platform Allegro filed a lawsuit on Monday against Google owner Alphabet, Google I..

Asia shares rise, dollar underpinned by elevated bond yields

Asia shares rise, dollar underpinned by elevated bond yields

SINGAPORE (Reuters) –     Asian stocks edged up on Tuesday, though moves were subdued in a holiday-curtailed week, while the gre..

Dollar steady after benign US inflation eases worries over rates

Dollar steady after benign US inflation eases worries over rates

SINGAPORE (Reuters) –     The dollar was steady on Monday after U.S. inflation data showed only a modest rise last month, easing..

Asia shares rally on US inflation relief

Asia shares rally on US inflation relief

SYDNEY (Reuters) –     Asian shares rallied on Monday after a benign reading on U.S. inflation restored some hope for further po..

Australia’s Telstra sells most of its Foxtel stake to DAZN

Australia’s Telstra sells most of its Foxtel stake to DAZN

(Reuters) –     Australian telecom firm Telstra said on Monday it had sold a 35% stake in Australian cable TV and streaming unit..

Asian shares pinned near three-month lows, dollar towers at 2-yr peak

Asian shares pinned near three-month lows, dollar towers at 2-yr peak

SYDNEY (Reuters) –     Asian shares were pinned near three-month lows on Friday as investors awaited key U.S. inflation data tha..

Dollar set to end week on a high, yen at five-month low

Dollar set to end week on a high, yen at five-month low

SINGAPORE (Reuters) –     The dollar was set to cap the week on a strong note on Friday as it was perched near a two-year high b..

In weight loss battle, Novo and Lilly face growing offensive from licensed copies

In weight loss battle, Novo and Lilly face growing offensive from licensed copies

SHANGHAI (Reuters) –     As Novo Nordisk and Eli Lilly expand sales of their popular diabetes and weight-loss drugs, cheaper cop..

Asian stocks slide after Fed flags slower rate cuts, BOJ stands pat

Asian stocks slide after Fed flags slower rate cuts, BOJ stands pat

SINGAPORE (Reuters) -Asian stocks slipped and the dollar was perched near a two-year high on Thursday after the U.S. Federal Reserve c..

Britain seeks to beef up Ofgem energy regulator’s powers

Britain seeks to beef up Ofgem energy regulator’s powers

LONDON (Reuters) –     Britain set out plans on Thursday to strengthen its energy regulator Ofgem to help facilitate the country..

Oil falls on demand concerns after Fed signals slower easing ahead

Oil falls on demand concerns after Fed signals slower easing ahead

BEIJING (Reuters) –     Oil prices fell in early trading on Thursday after the U.S. Federal Reserve signalled that it would slow..

Banks, oil stocks knock European shares to two-week lows

Banks, oil stocks knock European shares to two-week lows

(Reuters) -Europe’s STOXX 600 fell to two-week lows on Tuesday, pressured by losses in energy and bank stocks, as investors awai..

Eutelsat announces contract with Airbus for 100 satellites

Eutelsat announces contract with Airbus for 100 satellites

(Reuters) -French satellite company Eutelsat has chosen aerospace giant Airbus to build 100 small satellites for its OneWeb constellat..

Credit Agricole names Olivier Gavalda as its new CEO

Credit Agricole names Olivier Gavalda as its new CEO

PARIS (Reuters) -Credit Agricole said on Tuesday it had appointed Olivier Gavalda as the French bank’s new CEO. The 61-year-old ..

Luxury and energy sectors weaken European shares; French stocks fall 0.7%

Luxury and energy sectors weaken European shares; French stocks fall 0.7%

By Sruthi Shankar and Shashwat Chauhan (Reuters) –     European shares closed lower on Monday, bogged down by heavyweight luxury..

French central bank trims growth outlook on political drama

French central bank trims growth outlook on political drama

PARIS (Reuters) –     France’s economy will grow more slowly than expected in the next two years as its home-grown politic..

UniCredit CEO says $10.5 billion Banco BPM bid is fair as offer becomes binding

UniCredit CEO says $10.5 billion Banco BPM bid is fair as offer becomes binding

By Valentina Za MILAN (Reuters) -UniCredit on Friday filed its buyout offer for rival Banco BPM with Italy’s market regulator, a..

Soccer-Manchester United’s Diallo snatches derby victory at stunned City

Soccer-Manchester United’s Diallo snatches derby victory at stunned City

By Lori Ewing MANCHESTER, England (Reuters) -Manchester United poured on the misery for flagging Premier League champions Manchester C..

German Chancellor Scholz to ask parliament to clear way for new elections

German Chancellor Scholz to ask parliament to clear way for new elections

By Thomas Escritt BERLIN (Reuters) –     Chancellor Olaf Scholz will call on Germany’s parliament on Monday to declare it ..

UK property asking prices fall, headwinds remain for 2025, Rightmove says

UK property asking prices fall, headwinds remain for 2025, Rightmove says

By Suban Abdulla LONDON (Reuters) –     Average asking prices for newly listed houses and apartments in Britain fell by 1.7% in ..

Schroders seeks buyers for Indonesian unit with $4 billion in assets, sources say

Schroders seeks buyers for Indonesian unit with $4 billion in assets, sources say

By Yantoultra Ngui and Selena Li SINGAPORE/HONG KONG (Reuters) – Schroders is looking to sell its Indonesian business, according..

ECB’s Villeroy: more interest rate cuts to come in 2025

ECB’s Villeroy: more interest rate cuts to come in 2025

PARIS (Reuters) – The European Central Bank is likely to further ease interest rates next year and is at ease with market projec..