UK inflation pressure stays hot, dashing hopes for June rate cut
LONDON (Reuters) -Inflation in Britain eased less than expected and a key core measure of prices barely dropped, prompting investors t..
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Dollar up as traders await Fed clues; sterling rises
NEW YORK (Reuters) -The dollar rose against the euro on Wednesday as investors awaited Federal Reserve meeting minutes for insight int..
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US dollar dips vs yen after Fed’s Waller rules out rate hikes again
By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) – The U.S. dollar slipped against the yen on Tuesday i..
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Ransom and AI generated attacks driving cybersecurity investment according to survey by Infosecurity Europe
Infosecurity Europe, ExCeL London, 21 May 2024: Infosecurity Europe, the most influential information security event running at ExCeL ..
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Dollar firm as investors await Fed guidance
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar was firm against the euro on Monday as investors awaited further clues to help th..
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European shares end lower on rate cut jitters; Richemont shines
By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed lower on Friday, as investors turned cautious following remar..
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Dollar mostly flat as market mulls inflation outlook
By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) – The dollar traded little changed against major currencies on Frida..
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Stocks inch up as timing of US rate cuts weighed; copper jumps
By Caroline Valetkevitch NEW YORK (Reuters) -World stock indexes edged higher and U.S. Treasury yields also rose on Friday as investo..
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Engie Q1 profit drops on warmer winter, steady market
PARIS (Reuters) – French energy company Engie said on Friday first-quarter earnings fell 3.2% as a warmer than usual winter depr..
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Carlos Slim’s FCC to spin off and list cement and real estate unit
MADRID (Reuters) – Mexican billionaire Carlos Slim’s Spanish unit FCC plans to spin off its cement and real estate assets ..
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GSK raises $1.5 billion from offloading Haleon stake at a discount
(Reuters) – GSK has raised 1.25 billion pounds ($1.52 billion) from selling its entire remaining stake in consumer healthcare fi..
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British grocer Sainsbury’s partners with Microsoft to use AI for data insights
LONDON (Reuters) – Britain’s Sainsbury’s said on Friday it has agreed a five-year strategic partnership with Microso..
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Prosus, parent group Naspers name Fabricio Bloisi as new CEO
(Reuters) -Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chie..
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Oil prices rise after US economic data raises rate cut expectations
By Laila Kearney NEW YORK (Reuters) -Oil futures rose on Thursday on a stabilizing U.S. job market and slower-than-expected inflation..
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Dollar rebounds on hot US import prices
NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that rai..
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German experts cut their tax revenue forecasts for 2024-28 by 1.5%
BERLIN (Reuters) -Germany’s council of tax experts cut their forecast for total tax revenue over the next five years by 1.5% on ..
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Fears of German ‘de-industrialisation’ may be overblown – for now
By Maria Martinez BERLIN (Reuters) – High energy costs, weak global demand, a disruptive shift towards net-zero economies, and ..
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Siemens misses profit forecast as industrial business struggles
By John Revill ZURICH (Reuters) – Siemens reported a drop in second-quarter earnings at its industrial business, the German eng..
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Italy cuts Eni stake, raises 1.4 billion euros
ROME (Reuters) -Italy’s Treasury sold a 2.8% stake in energy group Eni on Wednesday, pocketing around 1.4 billion euros ($1.52 b..
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Exclusive-Anglo American starts revamp with hiring freeze, document shows
SYDNEY (Reuters) -Anglo American has suspended hiring globally according to an internal memo reviewed by Reuters, as it gets plans und..
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Catering firm Compass lifts profit forecast after strong first half
(Reuters) – British catering firm Compass Group raised its 2024 profit forecast on Wednesday, after reporting first-half earning..
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AI’s use in finance may need new rules, ECB says
FRANKFURT (Reuters) – The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and pos..
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Oil down on inflation, supply risks in Mideast, Canada lend floor
By Georgina McCartney HOUSTON (Reuters) -Oil prices fell on Tuesday, after fresh U.S. data indicated inflation remains sticky, while ..
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King Charles unveils his first portrait since coronation
King Charles unveils his first portrait since coronation (Changes media identifier to correspond with visuals) LONDON (Reuters) -Brita..
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Factbox-How hosting Euro 2024 could impact the German economy
BERLIN (Reuters) – Germany will be hoping for sporting success as host of the 2024 Euros soccer championship kicking off in a ..
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Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook
LONDON/MILAN (Reuters) – The euro has resisted falling to parity with the dollar for now, thanks to a rosier economic backdrop, ..
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Countries make late bid to salvage EU’s nature law
By Kate Abnett BRUSSELS (Reuters) – A group of 11 countries, led by Ireland, has made a last-ditch attempt to approve the EU..
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Mixed UK labour market signals leave BoE on rate cut alert
By Suban Abdulla LONDON (Reuters) – British wages grew by more than expected, according to data published on Tuesday, but other..
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World shares rest near record highs ahead of US inflation data
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) – World shares marked time on Tuesday, holding just shy of record hig..
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Curbs on costly home incentives cause split in Italy’s coalition
ROME (Reuters) – Italy’s ruling coalition was divided on Tuesday over the approval of new curbs on costly incentives for h..
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Dollar slips after unexpected rise in US producer prices
By Herbert Lash and Joice Alves NEW YORK (Reuters) -The dollar edged lower on Tuesday following an unexpected increase in U.S. produc..
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Morning Bid: Markets eye US CPI and record high
A look at the day ahead in European and global markets from Tom Westbrook Stocks near record highs and Bill Hwang and Roaring Kitty in..
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Stocks grind towards record highs in inflation-heavy week
SYDNEY/LONDON (Reuters) -Global stocks neared record highs on Monday, in a week where inflation figures could make or break expectatio..
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EU countries approve law to slash trucks’ CO2 emissions
BRUSSELS (Reuters) – European Union countries gave their final approval on Monday to a law to cut carbon dioxide emissions from ..
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The case for forever high interest rates
By Yoruk Bahceli (Reuters) – If financial markets are right, interest rates won’t just stay high this year, but possibly ..
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London stocks muted ahead of more earnings, economic data
By Pranav Kashyap (Reuters) – London’s FTSE 100 was flat on Monday as gains in travel and leisure were offset by losses i..
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European shares listless as investors brace for inflation test
(Reuters) -Europe’s STOXX 600 struggled for direction on Monday, as investors geared up for this week’s key U.S. inflation..
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