NEWS

Exclusive-Amazon breaks into Europe 5G networks with Telefonica cloud deal

Exclusive-Amazon breaks into Europe 5G networks with Telefonica cloud deal

By Supantha Mukherjee STOCKHOLM (Reuters) – Telefonica Germany will move one million 5G customers to Amazon Web Services (AWS) c..

Meta to expand AI image generation offerings for ads

Meta to expand AI image generation offerings for ads

Meta to expand AI image generation offerings for ads NEW YORK (Reuters) – Meta Platforms, the parent company of Facebook and Ins..

UK’s FTSE 100 notches record closing high in broad rally

UK’s FTSE 100 notches record closing high in broad rally

By Shubham Batra, Pranav Kashyap and Medha Singh (Reuters) -The UK’s FTSE 100 notched a record closing high on Tuesday in a broa..

Race for Europe’s first ‘real-time’ stock trade tape heats up

Race for Europe’s first ‘real-time’ stock trade tape heats up

Race for Europe’s first ‘real-time’ stock trade tape heats up By Huw Jones LONDON (Reuters) – Banks and asse..

US dollar edges lower but up against yen, Aussie

US dollar edges lower but up against yen, Aussie

US dollar edges lower but up against yen, Aussie By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar slipped on Tuesday bu..

Apple unveils new AI-focused chip in upgraded iPad Pro

Apple unveils new AI-focused chip in upgraded iPad Pro

Apple unveils new AI-focused chip in upgraded iPad Pro By Stephen Nellis (Reuters) -Apple unveiled its latest iPad Pro on Tuesday wi..

‘Livestream’ shopping thwarts some high-tech tools to stop fake merch

‘Livestream’ shopping thwarts some high-tech tools to stop fake merch

‘Livestream’ shopping thwarts some high-tech tools to stop fake merch By Arriana McLymore NEW YORK (Reuters) – Livestream shoppi..

UBS shares soar as profit smashes forecasts, share buyback plans affirmed

UBS shares soar as profit smashes forecasts, share buyback plans affirmed

UBS shares soar as profit smashes forecasts, share buyback plans affirmed By Noele Illien ZURICH (Reuters) – UBS on Tuesday repo..

Saudi Aramco maintains $31 billion dividend despite lower Q1 net income

Saudi Aramco maintains $31 billion dividend despite lower Q1 net income

Saudi Aramco maintains $31 billion dividend despite lower Q1 net income By Hadeel Al Sayegh DUBAI (Reuters) -Saudi Arabian state-owned..

People with two copies of a risk gene have genetic form of Alzheimer’s, scientists say

People with two copies of a risk gene have genetic form of Alzheimer’s, scientists say

By Julie Steenhuysen CHICAGO (Reuters) -People who carry two copies of the APOE4 gene are virtually guaranteed to develop Alzheimer..

European shares close at highest in a week; Indra surges

European shares close at highest in a week; Indra surges

European shares close at highest in a week; Indra surges By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed at th..

The Importance of Sustainable Finance in Addressing Climate Change

The Importance of Sustainable Finance in Addressing Climate Change

The Importance of Sustainable Finance in Addressing Climate Change Introduction:  Climate change is one of the most pressing challeng..

Microsoft readies new AI model to compete with Google, OpenAI, The Information reports

Microsoft readies new AI model to compete with Google, OpenAI, The Information reports

Microsoft readies new AI model to compete with Google, OpenAI, The Information reports (Reuters) -Microsoft is training a new, in-hous..

Global shares gain on rate cut bets; yen weakens

Global shares gain on rate cut bets; yen weakens

Global shares gain on rate cut bets; yen weakens By Herbert Lash and Nell Mackenzie NEW YORK/LONDON (Reuters) -A gauge of global stock..

Dollar weaker on renewed Fed rate cut hopes; yen wobbles

Dollar weaker on renewed Fed rate cut hopes; yen wobbles

Dollar weaker on renewed Fed rate cut hopes; yen wobbles By Chuck Mikolajczak NEW YORK (Reuters) -The dollar index was lower on Monday..

ECB grows more confident about cutting rates, policymakers say

ECB grows more confident about cutting rates, policymakers say

ECB grows more confident about cutting rates, policymakers say By Balazs Koranyi and Francesco Canepa VILNIUS/FRANKFURT (Reuters) -The..

Swedish central bank to cut key rate this week, Reuters poll shows

Swedish central bank to cut key rate this week, Reuters poll shows

Swedish central bank to cut key rate this week, Reuters poll shows By Simon Johnson STOCKHOLM (Reuters) – Sweden’s central..

Swiss National Bank exploring ways to tokenise financial assets

Swiss National Bank exploring ways to tokenise financial assets

Swiss National Bank exploring ways to tokenise financial assets ZURICH (Reuters) – The Swiss National Bank is examining the best..

Sabadell board meets to consider BBVA’s $13 billion offer, sources say

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..

World shares climb on Fed cut bets, China gains; yen weakens

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..

BioNTech says 90% of 2024 revenues will accrue at end of year

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..

Shares in Spain’s Indra surge after net profit rises 40%

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..

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

Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter COPENHAGEN (Reuters) -The disruption to container shippin..

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

Westpac raises share buyback by $661 million even as costs and competition bite By Sameer Manekar (Reuters) -Australian bank Westpac r..

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

Analysis-Apple has big AI ambitions – at a lower cost than its rivals By Stephen Nellis (Reuters) -For most of the past year and..

Sterling shrugs off local election to focus on US payrolls data

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 ..

Global equity funds attract robust weekly inflows, led by Asia

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..

Oil prices set for steepest weekly drop in three months

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 ..

Dollar drops as employers add fewer jobs than expected in April

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..

Stocks jump, yields fall on hopes U.S. labor tightness ebbing

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..

Analysis-Traders prep for another round of yen whack-a-mole

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’..

Oil edges back towards 7-week low after resilient US jobs data

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..

Greek summer wildfire threat nears, outpacing plans to contain it

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..

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

Euro zone factory activity takes turn for the worse in April, PMI survey shows By Jonathan Cable LONDON (Reuters) -The downturn in man..

Sterling gives back some Fed-inspired gains, eyes on local elections

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..

NEWS

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..

European shares struggle for direction in earnings tide, Fed decision

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..