Global shares gain on rate cut bets; yen weakens
NEW YORK/LONDON (Reuters) -A gauge of global stock markets rose on Monday on optimism that major central banks will cut interest rates..
News
All Posts
ECB grows more confident about cutting rates, policymakers say
VILNIUS/FRANKFURT (Reuters) -The European Central Bank is growing more confident about cutting interest rates as euro zone inflation c..
News
Swedish central bank to cut key rate this week, Reuters poll shows
By Simon Johnson STOCKHOLM (Reuters) – Sweden’s central bank will cut its key interest rate this week by a quarter percen..
News
Swiss National Bank exploring ways to tokenise financial assets
ZURICH (Reuters) – The Swiss National Bank is examining the best way that financial assets can be digitally tokenised as a way ..
News
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..
News
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..
News
BioNTech says 90% of 2024 revenues will accrue at end of year
FRANKFURT (Reuters) -Germany’s BioNTech, whose COVID-19 vaccine in partnership with Pfizer was widely used during the pandemic, ..
News
Shares in Spain’s Indra surge after net profit rises 40%
By Matteo Allievi (Reuters) -Shares in Spanish defence and technology firm Indra surged on Monday after its net profit rose 40% to 61..
News
The role of fintech in streamlining international money transfers
The financial technology (fintech) sector has revolutionized many aspects of banking and personal finance, with one of its most signi..
Finance
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 billion ($661 million) and declared a special dividend..
News
Analysis-Traders prep for another round of yen whack-a-mole
By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) – Japan’s attempts to shore up its currency are putting trading de..
News
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 the previous day’s seven-week low on Thursday,..
News
Greek summer wildfire threat nears, outpacing plans to contain it
ATHENS (Reuters) – When firefighters arrived at a blaze in a pine forest on the Greek island of Rhodes last July, flames were al..
News
Euro zone factory activity takes turn for the worse in April, PMI survey shows
LONDON (Reuters) -The downturn in manufacturing activity across the euro zone deepened in April due to crumbling demand despite factor..
News
Sterling gives back some Fed-inspired gains, eyes on local elections
By Samuel Indyk LONDON (Reuters) – The British pound slipped against the dollar, having risen the day before after the Federal ..
News
UK set for weak growth and highest inflation in G7, OECD says
LONDON (Reuters) -Britain will suffer some of the lowest rates of economic growth and highest inflation among Group of Seven countries..
News
European shares struggle for direction in earnings tide, Fed decision
By Ankika Biswas (Reuters) -European shares flitted in a tight range on Thursday, after falling to a one-week low in early trade, as ..
News
Garmin’s Q1 results beat on strong demand for fitness, auto products
(Reuters) -Garmin topped Wall Street estimates for first-quarter results on Wednesday as the Swiss navigation device maker benefited f..
News
Stocks, dollar dip after data with eyes on Fed
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks declined for the first time in three sessions on Wednesday w..
News
Apple set for big sales decline as investors await AI in iPhones
(Reuters) – Apple’s plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will b..
News
Sterling holds steady as markets await Fed decision
By Harry Robertson LONDON (Reuters) – The pound held steady on Wednesday as traders waited for the Federal Reserve’s inte..
News
GSK raises profit outlook on strong vaccine, HIV drug sales
By Eva Mathews and Maggie Fick (Reuters) -GSK raised its full-year profit forecast on Wednesday on strong demand for its common respi..
News
AI fuels cloud computing boom for tech giants
(Reuters) – Three of the Wall Street’s heavyweight technology firms have reported better-than-expected sales at their cl..
Technology
Britain’s Next keeps profit guidance after first-quarter sales rise
LONDON (Reuters) -British clothing retailer Next on Wednesday kept its forecast for annual profit after reporting a 5.7% rise in first..
News
US spending on London real estate rebounds to highest in eight years
By Iain Withers LONDON (Reuters) – U.S. investors are buying up London commercial property at the fastest rate in eight years, ..
News
Extreme heat shuts schools for millions, widening learning gaps worldwide
By Gloria Dickie and Ruma Paul (Reuters) -Hena Khan, a grade nine student in Dhaka, has struggled to focus on her studies this week a..
News
Investors scour the globe for shelter as Wall Street shakes
LONDON (Reuters) – Global investors are eyeing European and emerging market assets to protect themselves from further turbulence..
News
US spending on London real estate rebounds to highest in eight years
By Iain Withers LONDON (Reuters) – U.S. investors are buying up London commercial property at the fastest rate in eight years, ..
News
Microsoft to open first regional data centre in Thailand
BANGKOK (Reuters) -Microsoft will open its first regional data centre in Thailand, the tech giant said on Wednesday, as it looks to bo..
News
McDonald’s posts rare profit miss as customers turn picky
(Reuters) -McDonald’s missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked pas..
News
Euro zone inflation steady in April, reinforcing ECB rate cut case
FRANKFURT (Reuters) – Euro zone inflation held steady as expected in April but a crucial indicator on underlying price pressure..
News
Global banking regulators target mismanagement in handling risks from clients
By Huw Jones LONDON (Reuters) – Global banking regulators on Tuesday proposed stricter standards for banks when assessing risks..
News
Bank of England tweaks lifetime loss estimate for QE programme
(Reuters) – The Bank of England on Tuesday tweaked its estimates for the overall losses made by its quantitative easing bond pur..
News
Coca-Cola bets on pricey sodas, international demand to lift annual sales forecast
By Ananya Mariam Rajesh (Reuters) -Coca-Cola raised its annual organic sales forecast on Tuesday after topping first-quarter results ..
News
Analysts cut EU carbon price forecasts on 2023 emission slump
LONDON (Reuters) – Analysts have cut price forecasts for European Union carbon permits for 2024 to 2026 following record low fig..
News
Oil down on Middle East talks while investors await Fed meeting
By Noah Browning and Deep Kaushik Vakil LONDON (Reuters) -Oil edged lower on Tuesday after U.S. data showed healthy crude output and ..
News
Germany’s struggle to clean up its supply chains has lessons for Europe
By Maria Martinez and Riham Alkousaa BERLIN (Reuters) – German engineering company BAUCH makes machines and engine components o..
News