NEWS

London stocks end higher for third month

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..

Nvidia set to overtake Apple as world’s second-most valuable company

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..

EU approves Italian aid for $5.4 billion STMicro chip plant

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..

German retail sales fall more than expected in April

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...

Renault, Geely create joint venture for hybrid, combustion engines

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..

Investors hold their breath for inflation data

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..

Analysis-Aircraft shortages turn into cash bonanza for some airlines

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..

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

India cenbank moves 100 tons of gold from UK to domestic vaults, TOI reports BENGALURU (Reuters) – India’s central bank ha..

Stocks regain some ground, bonds steady after rate angst sell-off

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 ..

Britain’s creaking power grid leaves green energy revolution adrift

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..

Battle over power pylons highlights Britain’s net zero challenge

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..

Sneaker maker Golden Goose aims to list in Milan in June

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..

Airline SAS posts bigger Q2 loss, eyes end to restructuring

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..

German inflation higher than expected ahead of ECB rates decision

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..

Global unemployment to slightly fall in 2024, UN labour body says

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..

China’s Geely to launch hybrids with more fuel-efficient engines

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..

German consumer sentiment recovers further heading into June

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..

Uber to offer Seine cruises, day trips in Paris during Olympics rush

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..

BYD unveils new hybrid tech as battle with gasoline rivals heats up

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..

Hess shareholders sign off on $53 billion sale to Chevron

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..

Global equity index dips as investors await inflation prints

Global equity index dips as investors await inflation prints

Global equity index dips as investors await inflation prints By Sinéad Carew and Alun John NEW YORK/LONDON (Reuters) -A global equit..

Dollar slips ahead of data, set for first monthly drop in 2024

Dollar slips ahead of data, set for first monthly drop in 2024

By Stefano Rebaudo (Reuters) -The dollar eased against most currencies on Tuesday ahead of key U.S. and euro zone inflation data later..

What is OPEC+ and how does it affect oil prices?

What is OPEC+ and how does it affect oil prices?

What is OPEC+ and how does it affect oil prices? DUBAI (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC..

Oil edges higher after inflation gloom hit prices

Oil edges higher after inflation gloom hit prices

Oil edges higher after inflation gloom hit prices By Robert Harvey LONDON (Reuters) – Oil prices crept higher on Friday, having ..

Dollar holds firm as traders trim US rate cut bets

Dollar holds firm as traders trim US rate cut bets

Dollar holds firm as traders trim US rate cut bets By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) – The dollar wa..

Wall St rallies, Treasury yields steady ahead of holiday weekend

Wall St rallies, Treasury yields steady ahead of holiday weekend

Wall St rallies, Treasury yields steady ahead of holiday weekend By Stephen Culp NEW YORK (Reuters) – Wall Street rebounded and ..

UK commercial property values stabilising despite offices drag, says British Land

UK commercial property values stabilising despite offices drag, says British Land

  By Iain Withers and Aby Jose Koilparambil LONDON (Reuters) -Landlord British Land said UK commercial property values have begun..

Stellantis CEO: electric vehicle tariffs are a trap

Stellantis CEO: electric vehicle tariffs are a trap

Stellantis CEO: electric vehicle tariffs are a trap By Joseph White and Christoph Steitz MUNICH (Reuters) -Stellantis expects a majo..

Analysis-Europe stock pickers go old-school to ride the next wave in AI

Analysis-Europe stock pickers go old-school to ride the next wave in AI

Analysis-Europe stock pickers go old-school to ride the next wave in AI By Lucy Raitano LONDON (Reuters) – European stock pick..

European shares to hit pause before rising again in 2025: Reuters poll

European shares to hit pause before rising again in 2025: Reuters poll

European shares to hit pause before rising again in 2025: Reuters poll By Danilo Masoni and Samuel Indyk MILAN (Reuters) – A rec..

Stocks stumble on inflation jitters, offsetting high Nvidia hopes

Stocks stumble on inflation jitters, offsetting high Nvidia hopes

Stocks stumble on inflation jitters, offsetting high Nvidia hopes By Tom Wilson LONDON (Reuters) -Shares fell on Wednesday as stronger..

UK inflation pressure stays hot, dashing hopes for June rate cut

UK inflation pressure stays hot, dashing hopes for June rate cut

By Andy Bruce and Suban Abdulla LONDON (Reuters) -Inflation in Britain eased less than expected and a key core measure of prices barel..

Dollar up as traders await Fed clues; sterling rises

Dollar up as traders await Fed clues; sterling rises

Dollar up as traders await Fed clues; sterling rises By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Wedn..

US dollar dips vs yen after Fed’s Waller rules out rate hikes again

US dollar dips vs yen after Fed’s Waller rules out rate hikes again

US dollar dips vs yen after Fed’s Waller rules out rate hikes again By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MIL..

Ransom and AI generated attacks driving cybersecurity investment according to survey by Infosecurity Europe

Ransom and AI generated attacks driving cybersecurity investment according to survey by Infosecurity Europe

Ransom and AI generated attacks driving cybersecurity investment according to survey by Infosecurity Europe Infosecurity Europe, ExCeL..

Sterling steady ahead of expected drop in inflation

Sterling steady ahead of expected drop in inflation

Sterling steady ahead of expected drop in inflation By Harry Robertson LONDON (Reuters) – The pound held steady on Monday as mar..

Asking prices for UK homes hit record high, Rightmove says

Asking prices for UK homes hit record high, Rightmove says

Asking prices for UK homes hit record high, Rightmove says LONDON (Reuters) – Prices of homes being put up for sale in Britain h..