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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’s FTSE 10..

Puma upbeat on growing demand, shares jump

Puma upbeat on growing demand, shares jump

By Linda Pasquini and Helen Reid (Reuters) -A return to growth in the Americas help..

Uber shares tumble as weaker ride-share demand hurts Q2 forecast

Uber shares tumble as weaker ride-share demand hurts Q2 forecast

By Yuvraj Malik (Reuters) -Uber posted a surprise quarterly loss and forecast gross..

Oil prices rise after US crude stocks fall more than expected

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. o..

Olympics-Flame arrives in Marseille amid tight security

Olympics-Flame arrives in Marseille amid tight security

MARSEILLE, France (Reuters) – The Olympic flame landed on French soil amid tig..

UK tells tech firms to ‘tame algorithms’ to protect children

UK tells tech firms to ‘tame algorithms’ to protect children

LONDON (Reuters) – Social media platforms like Facebook, Instagram and TikTok ..

British pub group JD Wetherspoon expects profit at upper end of market forecast

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..

Alstom to ask shareholders for $1 billion in rights issue to slash debt

Alstom to ask shareholders for $1 billion in rights issue to slash debt

(Reuters) – French train maker Alstom on Wednesday said it would ask sharehold..

Munich Re Q1 net profit up 68%, in line with preliminary figures

Munich Re Q1 net profit up 68%, in line with preliminary figures

FRANKFURT (Reuters) – The German reinsurer Munich Re on Wednesday posted a 68..

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

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

STOCKHOLM (Reuters) – Telefonica Germany will move one million 5G customers to..

Stocks rally anew on US rate cut hopes; dollar steady

Stocks rally anew on US rate cut hopes; dollar steady

NEW YORK/LONDON (Reuters) -Global shares traded close to one-month highs on Tuesday,..

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 Instag..

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..

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 asset managers are vying with Eur..

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 ..

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 with a..

‘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 shopping where buyers and..

UK construction growth hits 14-month high in April, PMI survey shows

UK construction growth hits 14-month high in April, PMI survey shows

(Reuters) – British construction companies enjoyed their fastest expansion in..

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 reported first-quarter prof..

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

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

DUBAI (Reuters) -Saudi Arabian state-owned oil giant Aramco expects to pay $31 billi..

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 ge..

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 their hi..

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-house AI language model large enough to ..

Dollar weaker on renewed Fed rate cut hopes; yen wobbles

Dollar weaker on renewed Fed rate cut hopes; yen wobbles

NEW YORK (Reuters) -The dollar index was lower on Monday for a fourth straight sessi..

Global shares gain on rate cut bets; yen weakens

Global shares gain on rate cut bets; yen weakens

NEW YORK/LONDON (Reuters) -A gauge of global stock markets rose on Monday on optimis..

ECB grows more confident about cutting rates, policymakers say

ECB grows more confident about cutting rates, policymakers say

VILNIUS/FRANKFURT (Reuters) -The European Central Bank is growing more confident abo..

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 bank will cut i..

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 way that fin..

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-sha..

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..

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

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

FRANKFURT (Reuters) -Germany’s BioNTech, whose COVID-19 vaccine in partnership..

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 firm Indra su..

The role of fintech in streamlining international money transfers

The role of fintech in streamlining international money transfers

The financial technology (fintech) sector has revolutionized many aspects of bankin..

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

(Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 bill..

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’s attemp..

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 back towards th..

Greek summer wildfire threat nears, outpacing plans to contain it

Greek summer wildfire threat nears, outpacing plans to contain it

ATHENS (Reuters) – When firefighters arrived at a blaze in a pine forest on th..