Home improvement retailer Kingfisher warns on profit outlook
LONDON (Reuters) -European home improvement retailer Kingfisher warned on Monday that current-year profit would fall short of analyst..
News
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Talgo’s top shareholder in talks with Stadler over takeover bid, report says
MADRID (Reuters) – Talgo’s top shareholder is in talks to sell its 40% stake in the Spanish train maker to Swiss rival Sta..
News
Analysis-Spain’s battle of the banks as BBVA narrows gap to Santander
By Jesús Aguado MADRID (Reuters) – BBVA’s share price has more than trebled since late 2020, narrowing its valuation gap ..
News
Analysis-Cocoa rally and market tumult hoist systematic hedge funds ahead of their peers
LONDON (Reuters) – Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge funds using systemat..
News
Oil rises as heightened geopolitical risks exacerbate supply concerns
By Yuka Obayashi TOKYO (Reuters) – Oil prices rose in early Asian trading on Monday on concerns over tighter global supply brou..
News
Australia’s ANZ Group to settle credit cards class action for $37.4 million
(Reuters) – Australia’s ANZ Group said on Monday it had agreed to settle a class action suit related to interest charged o..
News
The rise of sustainable banking practices globally
In recent years, there has been a noticeable shift in the banking sector towards embracing sustainability. Financial institutions wor..
Companies
Thousands of Spanish bank staff strike to demand pay rise, union says
MADRID (Reuters) – Around 60,000 banking employees across Spain went on strike on Friday to demand pay rises they see as justif..
News
Air Europa says customer data may have been compromised in October breach
(Reuters) -Spanish airline Air Europa said on Friday personal data of its customers may have been compromised in a security incident t..
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Santander expects over 6 billion euros in dividends, buybacks on solid 2024 start
By Jesús Aguado MADRID (Reuters) -Spain’s Santander said on Friday it expected to pay more than 6 billion euros ($6.50 billion)..
News
European Championship won’t save German economy, study shows
BERLIN(Reuters) – The European Championship to be held in Germany this summer is unlikely to turn into a summer fairytale for th..
News
Dollar set for weekly rise as Swiss cut signals potential rates gap
By Tom Westbrook SINGAPORE (Reuters) – The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hik..
News
UK consumers turn positive about their finances, GfK survey shows
LONDON (Reuters) – British consumer sentiment held steady in March but households turned positive about the outlook for their p..
News
Understanding the Dynamics of International Financial Markets
In today’s interconnected world, understanding the dynamics of international financial markets is crucial for investors, policy..
Finance
King Charles doing ‘very well’, Camilla tells Belfast crowds
LONDON (Reuters) – Britain’s Queen Camilla said her husband King Charles who is being treated for cancer was doing “..
News
Oil broadly steady after surprise US crude stock drop
LONDON (Reuters) – Oil prices were broadly steady on Thursday, shored up by a surprise U.S. crude stock drop and the U.S. Federa..
News
Europe’s pro-nuclear leaders seek atomic energy revival
By Julia Payne and Kate Abnett BRUSSELS (Reuters) -Leaders from pro-nuclear European countries and energy experts called for a nuclea..
News
Reddit set for hotly anticipated debut after pricing IPO at top of range
By Niket Nishant (Reuters) -Social media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange o..
News
The impact of international trade agreements on finance
International trade agreements have always played a crucial role in shaping the global economy. From reducing trade barriers to promo..
Finance
UK inflation fall paves way for BoE rate cuts later in 2024
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British inflation cooled in February by slightly more than economists and the Bank ..
News
Glencore aims to cut industrial assets’ carbon emissions by one-fourth by 2030
(Reuters) – Glencore said Wednesday it aims to lower carbon dioxide equivalent emissions for its industrial assets by 25% by the..
News
Stellantis buys stake in optical radar start-up SteerLight
PARIS (Reuters) – European carmaker Stellantis announced on Wednesday that it was acquiring a stake in optical radar start-up St..
News
UK’s Labour opens door for more investment borrowing
By William James LONDON (Reuters) -Britain’s opposition Labour Party set out the fiscal rules it would use if it wins the next ..
News
California, Stellantis strike vehicle emissions deal
By David Shepardson WASHINGTON (Reuters) – Chrysler parent Stellantis and the state of California reached an agreement on emiss..
News
Navigating the complex world of international trade finance
In an increasingly interconnected global economy, international trade plays a pivotal role in driving growth and fostering economic d..
Companies
Meta offers to almost halve Facebook, Instagram monthly fees amid concerns
By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms has offered to almost halve its monthly subscription fee for Facebook and Instagra..
News
AstraZeneca bets on new cancer treatments with $2 billion Fusion Pharma purchase
(Reuters) -AstraZeneca said on Tuesday it will buy clinical-stage biopharmaceutical company Fusion Pharmaceuticals Inc for about $2 bi..
News
Cryptoverse: AI tokens outpace record-breaking bitcoin
(Reuters) – The artificial intelligence boom has hit the crypto market with a bang. Coins linked to AI-focused crypto projects h..
News
European patent applications hit record high in 2023
(Reuters) – The European Patent Office (EPA) received a record number of patent applications last year, with the biggest share o..
News
UK royal Kate shown in first video since surgery, Sun says
LONDON (Reuters) – Kate, Britain’s Princess of Wales, has been shown looking fit and healthy in the first video taken of h..
News
World shares cheer China data, as central banks line up
NEW YORK/LONDON (Reuters) -Global stocks rose on Monday while Treasury yields crept higher ahead of this week’s raft of central ..
News
Telegram secures $330 million in bond sales
(Reuters) – Popular messaging platform Telegram raised $330 million through bond sales last week, founder and CEO Pavel Durov sa..
Business
How ai and machine learning are revolutionizing financial audits
Financial audits are pivotal processes that ensure the accuracy, transparency, and integrity of financial statements. Traditionally, a..
Innovation
Dirty gold can still slip into London market, rights groups say
LONDON (Reuters) – The London Bullion Market Association (LBMA), which sets standards for the world’s most established gold ma..
News
World shares cheer China data, as central banks line up
NEW YORK/LONDON (Reuters) – Global stocks jumped on Monday while Treasury yields crept higher as investors looked ahead to a raf..
News
China sets higher bar for consumer finance companies
BEIJING (Reuters) -China has changed the rules for consumer finance firms for the first time in a decade, setting a higher bar for no..
Finance
AstraZeneca follows rival Boehringer in capping out-of-pocket costs for inhalers
(Reuters) – Drugmaker AstraZeneca said on Monday it would cap out-of-pocket costs for its inhaled respiratory products at $35 pe..
News