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Stocks gain as European shares hit new highs, dollar slips

Stocks gain as European shares hit new highs, dollar slips

NEW YORK/LONDON (Reuters) – World stocks edged higher on Thursday, helped by s..

Europe’s rush for rate cuts shifts global market power away from US

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 co..

Telefonica tops forecast with 79% surge in Q1 profit

Telefonica tops forecast with 79% surge in Q1 profit

MADRID (Reuters) – Spain’s Telefonica beat forecasts with a 79% surge in..

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% year..

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 breat..

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

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) ..

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 would jum..

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 Telecom Italia (TIM) said in an interview on Thurs..

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

(Reuters) – The platinum market faces its largest supply shortfall in 10 years..

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..