Bellway lifts house price outlook after strong spring season
By Aby Jose Koilparambil (Reuters) – British homebuilder Bellway raised its annual average selling price forecast on Friday and..
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UK’s Asda says TDR Capital to become majority owner
LONDON (Reuters) – Britain’s Asda said on Friday that private equity firm TDR Capital will gain majority ownership of the ..
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Olympic rings displayed on Eiffel Tower 50 days before Paris 2024 Games
PARIS (Reuters) – Paris 2024 organisers on Friday unveiled a display of the Olympic rings on the Eiffel Tower with 50 days to go..
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Airbus deliveries fall 16% in May
PARIS (Reuters) – Airbus delivered 53 aircraft in May, down 16% from the same month last year and bringing the number of airpla..
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Morning Bid: Global risk rally hinges on payrolls
A look at the day ahead in European and global markets from Rae Wee Closely watched U.S. nonfarm payrolls data on Friday marks the fin..
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Netflix tests biggest TV app redesign in 10 years
By Lisa Richwine LOS ANGELES (Reuters) – Netflix started rolling out the first major revamp of its television app in a decade o..
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ECB delivers its first rate cut in five years
FRANKFURT (Reuters) -The European Central Bank went ahead with its first interest rate cut since 2019 on Thursday, keeping its word de..
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Equals Money announces innovative new “Banking-as-a-Service” product
Businesses will be empowered to offer digital payment and card solutions by leveraging the Equals Money infrastructure, opening new re..
Finance
Sterling ticks lower as wage growth expectations ease
LONDON (Reuters) – The pound softened versus the euro on Thursday ahead of a European Central Bank meeting and after data showe..
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World leaders, veterans, commemorate D-Day’s 80th anniversary in Normandy
By Elizabeth Pineau, John Irish and Jeff Mason VER-SUR-MER, France (Reuters) -Moving letters from veterans were read out as ceremonie..
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French jet engine maker Safran gets Italy’s clearance to buy Microtecnica
French jet engine maker Safran gets Italy’s clearance to buy Microtecnica
By Olivier Sorgho (Reuters) – French jet engine maker and defence company Safran said on Thursday it had received clearance from Italy to buy M..
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Salesforce to open first AI centre in London
LONDON (Reuters) – Salesforce has picked London for its first AI centre, where it said industry experts, developers and customer..
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Trafigura’s first-half net profit falls in calmer market
By Natalie Grover LONDON (Reuters) – Trading house Trafigura posted a more than 74% drop in net profit in the first half of its..
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German industrial orders unexpectedly fall in April
(Reuters) – German industrial orders unexpectedly fell in April, marking the fourth month in a row of decreases, due to a signi..
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UK services firms report slower growth and weaker inflation, PMI shows
By David Milliken LONDON (Reuters) – Growth among Britain’s services businesses eased in May from April’s 11-month ..
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Oil comes off four-month low as US jobs data fuels rate cut bets
LONDON (Reuters) -Oil prices edged up from four-month lows on Wednesday after a fillip from a U.S. jobs report that firms up the case ..
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Stocks gain on rate-cut wagers as ECB meeting looms
MILAN (Reuters) – World shares rose on Wednesday and the dollar inched up, with a European Central Bank policy meeting coming in..
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Euro zone business activity expands at fastest rate in a year, PMI shows
BENGALURU (Reuters) – Euro zone business activity expanded at its quickest rate in a year in May as growth in the bloc’s d..
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Boeing to try again to launch first Starliner crewed mission
By Joey Roulette WASHINGTON (Reuters) – Boeing’s Starliner spacecraft is set for a third attempt to fly astronauts to spa..
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UK new car sales grows in May despite drop in private consumer purchases – SMMT
(Reuters) -New car registrations in Britain rose in May helped by higher fleet vehicle demand, industry data showed on Wednesday, cou..
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Spain’s BBVA seeks ECB go-ahead for Sabadell hostile bid, source says
Spain’s BBVA seeks ECB go-ahead for Sabadell hostile bid, source says By Jesús Aguado LONDON (Reuters) – Spain’s BBV..
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Nike cutting jobs at European headquarters in the Netherlands -Bloomberg
AMSTERDAM (Reuters) – Nike [NKE.N] is cutting jobs at its European headquarters in the Dutch city Hilversum, Bloomberg reported..
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Oil near 4-mth low after OPEC+ supply plan, US stock build
By Florence Tan SINGAPORE (Reuters) -Oil prices hovered near four-month lows in Asia on Wednesday as markets digested an OPEC+ decisi..
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UK discounter B&M profit up 10%, boosted by new store openings
LONDON (Reuters) – British discount chain B&M on Wednesday met expectations with a 9.7% rise in full-year profit, reflectin..
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Zara owner Inditex reports slowing quarterly sales growth
MADRID (Reuters) -Zara owner Inditex grew its sales by 7% in the first quarter of its fiscal year, it said on Wednesday, in line with..
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Microsoft takes its AI push to customer service call centers
By Stephen Nellis (Reuters) – Microsoft on Tuesday said it will introduce new artificial intelligence tools for customer servic..
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Roaring Kitty’s GameStop options up millions, but cashing in may be tricky
NEW YORK (Reuters) – “Roaring Kitty” Keith Gill, the stock influencer behind the 2021 meme stock frenzy, may be sitt..
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Regulators lack resources to tackle greenwashing, says EU watchdog
LONDON (Reuters) -Market watchdogs across the European Union have punished few instances of “greenwashing” by financial fi..
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EU clears 1.75 billion euro compensation for eastern German coal exit
BERLIN (Reuters) -Germany’s economy ministry said it won the European Commission’s clearance in principle to compensate po..
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Oil drops more than $1 as OPEC+ decision spotlights shaky demand
By Paul Carsten LONDON (Reuters) -Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later..
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How to stop loneliness at work in its tracks
Having friendships and being included means we are more engaged, productive and creative, have better job satisfaction and..
Business
Dollar stands tall as traders mull Fed outlook; focus on ECB
LONDON (Reuters) -The dollar held steady on Monday, as investors warmed to the idea that U.S. inflation may have slowed enough for the..
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Morning Bid: Markets in upbeat mood as factories hum
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Share markets have started the week in a pos..
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OPEC+ extends deep oil production cuts into 2025
By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI (Reuters) -OPEC+ agreed on Sunday to extend most of its deep oil output ..
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London stocks edge higher ahead of ECB rate decision; GSK slumps
By Pranav Kashyap (Reuters) -London stocks rose on Monday, mirroring counterparts in Asia, ahead of the highly anticipated rate cut b..
Research Reports
Downturn in German manufacturing may be bottoming out, PMI shows
BERLIN (Reuters) – The downturn in Germany’s manufacturing sector, which accounts for about a fifth of Europe’s bigg..
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Asian factory activity expands in May on robust global demand
By Leika Kihara TOKYO (Reuters) -Asian factory activity expanded in May as manufacturers benefited from broadening global demand, pri..
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