NEWS

Dollar slips after unexpected rise in US producer prices

Dollar slips after unexpected rise in US producer prices

Dollar slips after unexpected rise in US producer prices By Herbert Lash and Joice Alves NEW YORK (Reuters) -The dollar edged lower on..

Morning Bid: Markets eye US CPI and record high

Morning Bid: Markets eye US CPI and record high

Morning Bid: Markets eye US CPI and record high A look at the day ahead in European and global markets from Tom Westbrook Stocks near ..

UK banks urged to act now ahead of new cross-border payments legislation to prevent exclusion from international payment networks

UK banks urged to act now ahead of new cross-border payments legislation to prevent exclusion from international payment networks

UK banks urged to act now ahead of new cross-border payments legislation to prevent exclusion from international payment networks 24 A..

Stocks grind towards record highs in inflation-heavy week

Stocks grind towards record highs in inflation-heavy week

Stocks grind towards record highs in inflation-heavy week By Wayne Cole and Amanda Cooper SYDNEY/LONDON (Reuters) -Global stocks neare..

EU countries approve law to slash trucks’ CO2 emissions

EU countries approve law to slash trucks’ CO2 emissions

EU countries approve law to slash trucks’ CO2 emissions By Kate Abnett BRUSSELS (Reuters) – European Union countries gave ..

The case for forever high interest rates

The case for forever high interest rates

By Yoruk Bahceli (Reuters) – If financial markets are right, interest rates won’t just stay high this year, but possibly f..

London stocks muted ahead of more earnings, economic data

London stocks muted ahead of more earnings, economic data

By Pranav Kashyap (Reuters) – London’s FTSE 100 was flat on Monday as gains in travel and leisure were offset by losses in..

European shares listless as investors brace for inflation test

European shares listless as investors brace for inflation test

By Ankika Biswas (Reuters) -Europe’s STOXX 600 struggled for direction on Monday, as investors geared up for this week’s k..

In the Market: Financiers fret over ‘leverage on leverage’ in private credit

In the Market: Financiers fret over ‘leverage on leverage’ in private credit

By Paritosh Bansal (Reuters) -To some elite financiers who gathered in Los Angeles for the Milken Institute conference, a debt binge i..

Japan’s SoftBank swings to quarterly profit, eyes on Arm unit

Japan’s SoftBank swings to quarterly profit, eyes on Arm unit

Japan’s SoftBank swings to quarterly profit, eyes on Arm unit By Anton Bridge TOKYO (Reuters) -Technology investor SoftBank Grou..

Germany says cybercrime by foreign actors rose by 28% in 2023

Germany says cybercrime by foreign actors rose by 28% in 2023

BERLIN (Reuters) – Cybercrime by foreign perpetrators surged in Germany in 2023, rising by 28% on the previous year, data releas..

Amazon to invest $1.3 billion in France, create 3,000 jobs

Amazon to invest $1.3 billion in France, create 3,000 jobs

Amazon to invest $1.3 billion in France, create 3,000 jobs By Supantha Mukherjee STOCKHOLM (Reuters) – Amazon said on Monday it ..

UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions

UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions

UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions (This May 10 story has been corrected to say..

Microsoft to invest 4 billion euros in France

Microsoft to invest 4 billion euros in France

Microsoft to invest 4 billion euros in France PARIS (Reuters) – Technology and software giant Microsoft will invest 4 billion eu..

Floods kill 37 in Indonesia’s West Sumatra, 17 missing

Floods kill 37 in Indonesia’s West Sumatra, 17 missing

Floods kill 37 in Indonesia’s West Sumatra, 17 missing TANAH DATAR (Reuters) – Flash floods and mud slides in Indonesia..

Currency market calm as US inflation data holds focus this week

Currency market calm as US inflation data holds focus this week

Currency market calm as US inflation data holds focus this week By Brigid Riley TOKYO (Reuters) – Major currencies were steady o..

UK employers plan 4% pay rises in coming year, survey shows

UK employers plan 4% pay rises in coming year, survey shows

UK employers plan 4% pay rises in coming year, survey shows By Suban Abdulla LONDON (Reuters) – British employers expect to rais..

Britain’s Prince William says wife Kate is ‘doing well’

Britain’s Prince William says wife Kate is ‘doing well’

LONDON (Reuters) – Britain’s Prince William said on Friday his wife Kate was “doing well” in a rare public com..

Factbox-Chinese EV makers set sights on European production

Factbox-Chinese EV makers set sights on European production

Factbox-Chinese EV makers set sights on European production (Reuters) -Some Chinese carmakers are looking to set up manufacturing and ..

Dollar rises after consumer sentiment data, yen weaker

Dollar rises after consumer sentiment data, yen weaker

Dollar rises after consumer sentiment data, yen weaker By Chuck Mikolajczak NEW YORK (Reuters) -The dollar inched higher on Friday as ..

Oil benchmark Brent above $84 on perky demand signals

Oil benchmark Brent above $84 on perky demand signals

Oil benchmark Brent above $84 on perky demand signals By Natalie Grover LONDON (Reuters) -Global benchmark Brent hovered above $84 a b..

Global stocks rally, Europe at record highs, dollar gains

Global stocks rally, Europe at record highs, dollar gains

Global stocks rally, Europe at record highs, dollar gains By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -A gauge of glob..

Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability

Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability

PARIS (Reuters) -Novavax on Friday erased doubts about its ability to remain in business and struck a licensing deal worth up to $1.2 ..

Retailer Lidl UK raises staff pay for third time in 12 months

Retailer Lidl UK raises staff pay for third time in 12 months

Retailer Lidl UK raises staff pay for third time in 12 months LONDON (Reuters) – The British arm of German supermarket group Lid..

Honda sees full-year profit rising 2.8%

Honda sees full-year profit rising 2.8%

Honda sees full-year profit rising 2.8% TOKYO (Reuters) – Japan’s Honda Motor Co forecast a 2.8% rise in operating profit ..

Pandemic treaty talks to the wire, likely to miss first deadline, sources say

Pandemic treaty talks to the wire, likely to miss first deadline, sources say

Pandemic treaty talks to the wire, likely to miss first deadline, sources say By Jennifer Rigby LONDON (Reuters) – Talks to draw..

Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports

Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports

Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports (Reuters) -Mining giant Rio Tinto had considered an offer fo..

GeoPark to access $500 million from Vitol in return for oil deliveries

GeoPark to access $500 million from Vitol in return for oil deliveries

GeoPark to access $500 million from Vitol in return for oil deliveries (Reuters) – GeoPark has struck a deal to sell a minimum o..

China’s push for greener aluminium hit by erratic rains, power cuts

China’s push for greener aluminium hit by erratic rains, power cuts

China’s push for greener aluminium hit by erratic rains, power cuts BEIJING (Reuters) – Erratic rainfall in China’s ..

Telefonica tops forecast with 79% surge in Q1 profit

Telefonica tops forecast with 79% surge in Q1 profit

Telefonica tops forecast with 79% surge in Q1 profit By Inti Landauro MADRID (Reuters) – Spain’s Telefonica beat forecasts..

Brembo Q1 operating profit rises on record sales

Brembo Q1 operating profit rises on record sales

Brembo Q1 operating profit rises on record sales (Reuters) – Italian premium brake maker Brembo posted on Thursday an 8.5% yearl..

Stocks stall near record highs, pound poised for BoE

Stocks stall near record highs, pound poised for BoE

Stocks stall near record highs, pound poised for BoE By Marc Jones LONDON (Reuters) – World stocks were taking a well-earned bre..

Spain’s BBVA turns hostile with $13 billion takeover bid for Sabadell

Spain’s BBVA turns hostile with $13 billion takeover bid for Sabadell

Spain’s BBVA turns hostile with $13 billion takeover bid for Sabadell By Jesús Aguado MADRID (Reuters) -Spanish bank BBVA presen..

ITV forecasts 12% jump in Q2 ad revenue on Euros demand

ITV forecasts 12% jump in Q2 ad revenue on Euros demand

ITV forecasts 12% jump in Q2 ad revenue on Euros demand LONDON (Reuters) – Britain’s ITV said its advertising revenue woul..

TIM CEO sees potential benefits of almost 5 billion euros from new business plan – paper

TIM CEO sees potential benefits of almost 5 billion euros from new business plan – paper

TIM CEO sees potential benefits of almost 5 billion euros from new business plan – paper ROME (Reuters) – The CEO of Telec..

Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey

Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey

By Brijesh Patel (Reuters) – The platinum market faces its largest supply shortfall in 10 years in 2024 as shipments from Russia..

FTSE 100 hits record high, pound slips ahead of BoE verdict

FTSE 100 hits record high, pound slips ahead of BoE verdict

FTSE 100 hits record high, pound slips ahead of BoE verdict By Pranav Kashyap, Shubham Batra and Khushi Singh (Reuters) -The UK’..