Gold rush to endure through 2024 though $3,000 mark may prove elusive
By Brijesh Patel and Ashitha Shivaprasad SINGAPORE (Reuters) – Gold’s lightning rally to successive record highs shows ev..
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French renewable energy sector says far-right victory risks trouble for industry
By Forrest Crellin and Benjamin Mallet PARIS (Reuters) – The French renewable energy sector is bracing for a sharp slowdown in ..
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Wall St rallies, dollar drops after cooler US inflation; Fed in the wings
NEW YORK (Reuters) -U.S. stocks rallied and the dollar sank as cooler-than-expected inflation data fueled rate cut optimism, hours bef..
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Germany’s May inflation rises 2.8% on higher services prices
By Maria Martinez BERLIN (Reuters) -German inflation rose in May due to higher services prices, the federal statistics office said on..
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UK economy shows no growth in April – ONS
(Reuters) -A swift rebound in Britain’s economy in early 2024 came to a halt in April, driven by sharp declines in industrial an..
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Exclusive-Capital Group shakes up strategy to hit $4 trillion by 2031
By Iain Withers LONDON (Reuters) – Capital Group aims to grow its fixed income business, accelerate overseas expansion and dive..
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Dollar calm ahead of inflation test, Fed decision
TOKYO (Reuters) – The dollar steadied on Wednesday after hitting a four-week high against peer currencies overnight as market p..
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Oil climbs on optimistic demand outlook
By Emily Chow SINGAPORE (Reuters) -Oil prices ticked higher on Wednesday amid upbeat global demand views from the U.S. Energy Informa..
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Johnson & Johnson reaches $700 million talc settlement with US states
By Jonathan Stempel NEW YORK (Reuters) – Johnson & Johnson has agreed to pay $700 million to settle an investigation by 42 ..
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How Apple used Google’s help to train its AI models
SAN FRANCISCO (Reuters) – On stage on Monday CEO Tim Cook’s Apple announced a splashy deal with OpenAI to include its powe..
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NASA, Boeing push back Starliner’s crewed return to June 18
WASHINGTON (Reuters) – NASA and Boeing said they expect to bring Starliner and its first astronaut crew back to Earth from the I..
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World Bank says global growth stabilizing but well below pre-pandemic levels
By David Lawder WASHINGTON (Reuters) – The World Bank on Tuesday said the U.S. economy’s stronger-than-expected performan..
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Euro, French bonds and stocks struggle on election uncertainty
By Alun John and Wayne Cole LONDON/SYDNEY (Reuters) -French bonds fell sharply for a second day on Tuesday as did European stocks and..
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Apple’s AI push could reinvigorate iPhone sales as customers look to upgrade
By Jeffrey Dastin and Aditya Soni SAN FRANCISCO (Reuters) -Apple’s developer conference on Monday was about more than infusing ..
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European shares steady after French political tremors, eyes on Fed
(Reuters) -European shares were rangebound on Tuesday following losses in the previous session on political uncertainties in France, w..
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French investor Layani wins bid for last-minute Atos restructuring
PARIS (Reuters) -French tech group Atos has picked an offer to restructure its debt led by anchor investor David Layani, preferring it..
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Golden Goose targets $2 billion market cap in Milan IPO
MILAN (Reuters) – Golden Goose is aiming for a market capitalization of up to 1.86 billion euros ($2 billion) in its initial pub..
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HSBC adds over 300 to China headcount after Citi wealth acquisition
HONG KONG (Reuters) – HSBC said on Tuesday it had boosted its headcount in China by more than 300, as the Asia-focused lender c..
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Spain’s Criteria drops takeover plan for Naturgy with Abu Dhabi’s TAQA
MADRID (Reuters) -Spanish holding firm Criteria said on Monday it had not reached an agreement with Abu Dhabi’s TAQA over a pote..
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Macron’s shock election call rocks euro and French markets
LONDON/SINGAPORE (Reuters) -The euro fell while French stocks and bonds tumbled on Monday, following President Emmanuel Macron’s..
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AI is sole focus at Apple’s annual conference
By Aditya Soni and Stephen Nellis (Reuters) – Apple is expected to showcase how it is integrating artificial intelligence acros..
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Tesla turns to Musk’s small shareholder fans to back $56 billion payday
(Reuters) – With major Tesla shareholders appearing divided over whether to endorse Elon Musk’s $56 billion pay package, t..
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Nokia CEO makes world’s first ‘immersive’ phone call
STOCKHOLM (Reuters) – Nokia CEO Pekka Lundmark made a phone call using a new technology called “immersive audio and video&..
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Exclusive-BP tightens workplace relationships policy after Looney dismissal
By Sarah McFarlane, Ron Bousso and Dmitry Zhdannikov LONDON (Reuters) – BP employees must disclose any intimate relationships w..
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Shein’s pre-IPO charm offensive hits roadblocks in Europe
By Helen Reid and James Davey LONDON (Reuters) -As online fast-fashion retailer Shein ramps up its pre-IPO charm offensive in Britain..
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Euro falls in warning sign for markets after Macron calls snap France vote
By Dhara Ranasinghe LONDON/SINGAPORE (Reuters) -The euro skidded while stock and bond futures slipped on Monday, as French President ..
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UK job market on its way back after downturn, recruiters say
LONDON (Reuters) – A fall in permanent hiring by employers in Britain was its least severe in more than a year in May and the re..
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Global stocks dip, Treasuries flail as strong jobs data douses Fed cut hopes
NEW YORK/LONDON (Reuters) -Global stocks pulled back from an all-time high on Friday after surprisingly strong U.S. monthly jobs data ..
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Microsoft to double down on Game Pass at Xbox showcase with ‘Call of Duty’ title
(Reuters) – Microsoft’s Xbox Game Pass will take center stage at its annual video-game showcase on Sunday, as the software..
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GameStop spooks investors with share sale, results ahead of “Roaring Kitty” livestream
(Reuters) -GameStop posted a decline in quarterly sales and said it would sell up to 75 million shares, in a surprise move on Friday a..
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US dollar rallies after stronger-than-expected jobs report
NEW YORK/LONDON (Reuters) -The U.S. dollar jumped on Friday after data showed the world’s largest economy created a lot more job..
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Indian PM Modi’s coalition presents claim to form new government
By Sarita Chaganti Singh, Shivam Patel and Nigam Prusty NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi’s National Dem..
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Bellway lifts house price outlook after strong spring season
By Aby Jose Koilparambil (Reuters) – British homebuilder Bellway raised its annual average selling price forecast on Friday and..
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UK’s Asda says TDR Capital to become majority owner
LONDON (Reuters) – Britain’s Asda said on Friday that private equity firm TDR Capital will gain majority ownership of the ..
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Olympic rings displayed on Eiffel Tower 50 days before Paris 2024 Games
PARIS (Reuters) – Paris 2024 organisers on Friday unveiled a display of the Olympic rings on the Eiffel Tower with 50 days to go..
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Airbus deliveries fall 16% in May
PARIS (Reuters) – Airbus delivered 53 aircraft in May, down 16% from the same month last year and bringing the number of airpla..
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Morning Bid: Global risk rally hinges on payrolls
A look at the day ahead in European and global markets from Rae Wee Closely watched U.S. nonfarm payrolls data on Friday marks the fin..
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