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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..

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..

Sabadell board meets to consider BBVA’s $13 billion offer, sources say

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-sha..

World shares climb on Fed cut bets, China gains; yen weakens

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..

BioNTech says 90% of 2024 revenues will accrue at end of year

BioNTech says 90% of 2024 revenues will accrue at end of year

FRANKFURT (Reuters) -Germany’s BioNTech, whose COVID-19 vaccine in partnership..

Shares in Spain’s Indra surge after net profit rises 40%

Shares in Spain’s Indra surge after net profit rises 40%

By Matteo Allievi (Reuters) -Shares in Spanish defence and technology firm Indra su..

Westpac raises share buyback by $661 million even as costs and competition bite

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 bill..

Analysis-Traders prep for another round of yen whack-a-mole

Analysis-Traders prep for another round of yen whack-a-mole

By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) – Japan’s attemp..

Oil edges back towards 7-week low after resilient US jobs data

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 th..

Greek summer wildfire threat nears, outpacing plans to contain it

Greek summer wildfire threat nears, outpacing plans to contain it

ATHENS (Reuters) – When firefighters arrived at a blaze in a pine forest on th..

Euro zone factory activity takes turn for the worse in April, PMI survey shows

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 deepen..

Sterling gives back some Fed-inspired gains, eyes on local elections

Sterling gives back some Fed-inspired gains, eyes on local elections

By Samuel Indyk LONDON (Reuters) – The British pound slipped against the doll..

UK set for weak growth and highest inflation in G7, OECD says

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 an..

European shares struggle for direction in earnings tide, Fed decision

European shares struggle for direction in earnings tide, Fed decision

By Ankika Biswas (Reuters) -European shares flitted in a tight range on Thursday, a..

Garmin’s Q1 results beat on strong demand for fitness, auto products

Garmin’s Q1 results beat on strong demand for fitness, auto products

(Reuters) -Garmin topped Wall Street estimates for first-quarter results on Wednesda..

Stocks, dollar dip after data with eyes on Fed

Stocks, dollar dip after data with eyes on Fed

By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks declined f..

Apple set for big sales decline as investors await AI in iPhones

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 ..

Sterling holds steady as markets await Fed decision

Sterling holds steady as markets await Fed decision

By Harry Robertson LONDON (Reuters) – The pound held steady on Wednesday as t..

GSK raises profit outlook on strong vaccine, HIV drug sales

GSK raises profit outlook on strong vaccine, HIV drug sales

By Eva Mathews and Maggie Fick (Reuters) -GSK raised its full-year profit forecast ..

Britain’s Next keeps profit guidance after first-quarter sales rise

Britain’s Next keeps profit guidance after first-quarter sales rise

LONDON (Reuters) -British clothing retailer Next on Wednesday kept its forecast for ..

US spending on London real estate rebounds to highest in eight years

US spending on London real estate rebounds to highest in eight years

By Iain Withers LONDON (Reuters) – U.S. investors are buying up London commer..

Extreme heat shuts schools for millions, widening learning gaps worldwide

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,..