Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports
(Reuters) -Mining giant Rio Tinto had considered an offer for British miner Anglo American, which is now BHP Group’s $39 billio..
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GeoPark to access $500 million from Vitol in return for oil deliveries
(Reuters) – GeoPark has struck a deal to sell a minimum of 20,000 barrels of oil per day to Dutch commodities trading firm Vitol..
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China’s push for greener aluminium hit by erratic rains, power cuts
BEIJING (Reuters) – Erratic rainfall in China’s southwest is frustrating a multibillion-dollar push to green an aluminium..
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Oil hits 1-week high on demand hopes after China, US data
NEW YORK (Reuters) -Oil prices rose about 1% to a one-week high on Thursday after data from China and the U.S. signalled that demand i..
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Bank of England clears path for its first rate cut since 2020
By William Schomberg, David Milliken and Suban Abdulla LONDON (Reuters) -The Bank of England paved the way on Thursday for the start ..
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STOXX 600 ends at record high; BBVA weighs on Spain
(Reuters) -Europe’s benchmark index inched up to close at a record high on Thursday, driven by a jump in industrial stocks, whil..
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Stocks gain as European shares hit new highs, dollar slips
NEW YORK/LONDON (Reuters) – World stocks edged higher on Thursday, helped by surging European stocks and a larger-than-expected ..
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Europe’s rush for rate cuts shifts global market power away from US
LONDON (Reuters) – The Bank of England has sent a new signal that borrowing costs will fall earlier and further across Europe th..
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Telefonica tops forecast with 79% surge in Q1 profit
MADRID (Reuters) – Spain’s Telefonica beat forecasts with a 79% surge in first-quarter net profit on Thursday as higher fe..
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Brembo Q1 operating profit rises on record sales
(Reuters) – Italian premium brake maker Brembo posted on Thursday an 8.5% yearly increase in first-quarter operating profit as r..
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Stocks stall near record highs, pound poised for BoE
By Marc Jones LONDON (Reuters) – World stocks were taking a well-earned breather on Thursday after a strong few weeks and ahead..
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Spain’s BBVA turns hostile with $13 billion takeover bid for Sabadell
MADRID (Reuters) -Spanish bank BBVA presented a 12.23 billion euro ($13.11 billion) takeover offer for rival Sabadell directly to shar..
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ITV forecasts 12% jump in Q2 ad revenue on Euros demand
LONDON (Reuters) – Britain’s ITV said its advertising revenue would jump by around 12% in the second quarter, four times ..
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TIM CEO sees potential benefits of almost 5 billion euros from new business plan – paper
ROME (Reuters) – The CEO of Telecom Italia (TIM) said in an interview on Thursday he sees potential additional benefits of almos..
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Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey
(Reuters) – The platinum market faces its largest supply shortfall in 10 years in 2024 as shipments from Russia return to normal..
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FTSE 100 hits record high, pound slips ahead of BoE verdict
By Pranav Kashyap, Shubham Batra and Khushi Singh (Reuters) -The UK’s FTSE 100 benchmark stock index scaled new highs on Wednes..
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Puma upbeat on growing demand, shares jump
By Linda Pasquini and Helen Reid (Reuters) -A return to growth in the Americas helped Puma meet first-quarter sales forecasts and its..
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Uber shares tumble as weaker ride-share demand hurts Q2 forecast
By Yuvraj Malik (Reuters) -Uber posted a surprise quarterly loss and forecast gross bookings below Wall Street expectations, sending ..
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Oil prices rise after US crude stocks fall more than expected
By Nicole Jao NEW YORK (Reuters) -Oil prices edged higher on Wednesday after U.S. oil storage data showed a larger-than-expected draw..
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Olympics-Flame arrives in Marseille amid tight security
MARSEILLE, France (Reuters) – The Olympic flame landed on French soil amid tight security on Wednesday, firing the starting gun ..
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UK tells tech firms to ‘tame algorithms’ to protect children
LONDON (Reuters) – Social media platforms like Facebook, Instagram and TikTok will have to “tame” their algorithms t..
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British pub group JD Wetherspoon expects profit at upper end of market forecast
(Reuters) – British pub group J D Wetherspoon on Wednesday forecast its profit to be towards the upper end of market expectation..
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Alstom to ask shareholders for $1 billion in rights issue to slash debt
(Reuters) – French train maker Alstom on Wednesday said it would ask shareholders for around 1 billion euros ($1 billion) throug..
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Munich Re Q1 net profit up 68%, in line with preliminary figures
FRANKFURT (Reuters) – The German reinsurer Munich Re on Wednesday posted a 68% rise in the first quarter net profit, a level th..
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Exclusive-Amazon breaks into Europe 5G networks with Telefonica cloud deal
STOCKHOLM (Reuters) – Telefonica Germany will move one million 5G customers to Amazon Web Services (AWS) cloud later this month,..
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Stocks rally anew on US rate cut hopes; dollar steady
NEW YORK/LONDON (Reuters) -Global shares traded close to one-month highs on Tuesday, boosted by revived optimism that the Federal Rese..
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Meta to expand AI image generation offerings for ads
NEW YORK (Reuters) – Meta Platforms, the parent company of Facebook and Instagram, said on Tuesday it was expanding its suite of..
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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 bro..
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Race for Europe’s first ‘real-time’ stock trade tape heats up
By Huw Jones LONDON (Reuters) – Banks and asset managers are vying with Europe’s exchanges to develop technology that can dee..
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US dollar edges lower but up against yen, Aussie
By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar slipped on Tuesday but strengthened against the Japanese yen as expec..
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Apple unveils new AI-focused chip in upgraded iPad Pro
By Stephen Nellis (Reuters) -Apple unveiled its latest iPad Pro on Tuesday with a new chip for artificial intelligence computing as..
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‘Livestream’ shopping thwarts some high-tech tools to stop fake merch
By Arriana McLymore NEW YORK (Reuters) – Livestream shopping where buyers and sellers transact in real-time video is growing in..
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UK construction growth hits 14-month high in April, PMI survey shows
(Reuters) – British construction companies enjoyed their fastest expansion in more than a year during April, despite a further ..
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UBS shares soar as profit smashes forecasts, share buyback plans affirmed
By Noele Illien ZURICH (Reuters) – UBS on Tuesday reported first-quarter profit that trounced forecasts and said it was stickin..
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Saudi Aramco maintains $31 billion dividend despite lower Q1 net income
DUBAI (Reuters) -Saudi Arabian state-owned oil giant Aramco expects to pay $31 billion in dividends to the Saudi government and its sh..
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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&#..
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European shares close at highest in a week; Indra surges
By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed at their highest levels in one week on Monday, with investor ..
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