Bank of England looks to shine a light on private equity leverage
By Huw Jones LONDON (Reuters) – Regulators need to shine a light on the $8 trillion global private equity sector, as opaque l..
News
News
Dollar firm as US rates and earnings take center stage
NEW YORK/LONDON (Reuters) -The dollar ticked higher against the euro and yen in subdued trade after last week’s volatility, with..
News
US crude futures climb back into positive territory
By Erwin Seba HOUSTON (Reuters) -U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider..
News
Equities gain, gold drops as fears of wider Middle East conflict ease
By Chris Prentice and Alun John NEW YORK/LONDON (Reuters) -Investors scaled back safe-haven bets on Monday as worries over a wider Mi..
News
World’s workers increasingly at risk as climate changes, ILO says
GENEVA (Reuters) -More than 70% of the global workforce is exposed to risks linked to climate change that cause hundreds of thousands ..
News
Hedge fund borrowing hits five-year peak, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) – Global hedge fund borrowing rose to a five-year high in the week to April 19, a Goldman Sa..
News
After VW plant victory, UAW sets its sights on Mercedes in Alabama
CHATTANOOGA, Tennessee (Reuters) – The United Auto Workers has made history by winning its first unionization vote at an auto fa..
News
London shares rebound as fears of wider Middle East conflict ebb
By Pranav Kashyap and Shubham Batra (Reuters) -London stocks gained 1% on Monday, following last week’s sharp selloff, as fears..
News
UK’s struggling Thames Water proposes spending more on environmental improvements
LONDON (Reuters) -Britain’s Thames Water has proposed spending an additional 1.1 billion pounds ($1.36 billion) on environmental..
News
Automakers hope for a cut as two-way EV charging becomes real
LONDON (Reuters) – Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating ..
News
UK supermarket Asda says 2023 underlying profit up 24%
LONDON (Reuters) – Asda, Britain’s third biggest supermarket group, reported a 24% rise in annual earnings on Monday that ..
News
Scotland ditches 2030 climate target to cut emissions by 75%
LONDON (Reuters) -Scotland on Thursday scrapped its target of cutting climate-damaging greenhouse gas emissions by 75% by 2030, blamin..
News
Meta releases early versions of its Llama 3 AI model
NEW YORK (Reuters) – Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an imag..
News
Industrials boost STOXX 600 as earnings season rolls in
(Reuters) -European shares rose on Thursday, boosted by industrials after Swiss engineering company ABB touched a record high followin..
News
Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets
(Reuters) -Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this y..
News
ABB more confident about 2024 despite China slowdown
By John Revill ZURICH (Reuters) -ABB expects faster revenue growth in the coming months, with growth in markets such as the United St..
News
Danone beats first-quarter sales forecasts, keeps 2024 goals
PARIS/LONDON (Reuters) -Danone posted stronger-than-expected quarterly sales on Thursday, with all businesses delivering volume growth..
News
Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown
(This April 16 story has been refiled to correct the grammar in paragraph 6) HONG KONG (Reuters) – Morgan Stanley and HSBC are ..
News
US stocks lose steam on Fed caution and mixed earnings
NEW YORK (Reuters) -U.S. stocks on Wednesday reversed earlier gains as crude prices dropped and investors weighed cautious U.S. Federa..
News
EU considers bringing emissions removal credits into carbon market
By Kate Abnett FLORENCE (Reuters) – The European Union is looking into whether to bring emissions removal credits into its carb..
News
Prince Harry says travel industry must do more for local communities
LONDON (Reuters) – Britain’s Prince Harry said it was crucial the travel industry did better by the local communities in ..
News
Navigation firm TomTom posts operating loss as auto sales slow
(Reuters) -Digital mapping company TomTom’s operating result turned to a wider-than-expected loss in the first quarter, hit by s..
News
Just Eat Takeaway’s Q1 orders ‘disappoint’, shares fall
(Reuters) -Just Eat Takeaway reported first-quarter orders below expectations on Wednesday, sending its shares 5% lower. Favoured by i..
News
UK inflation slows by less than expected to 3.2% in March
LONDON (Reuters) -British consumer price inflation slowed by less than expected to a two-and-a-half-year low of 3.2% in annual terms i..
News
Analysis-Painful high rates wake-up call threatens global markets
Analysis-Painful high rates wake-up call threatens global markets By Naomi Rovnick LONDON (Reuters) – Fear that interest rates i..
News
Superdry plans to go private as it kicks off three-year turnaround plan
(Reuters) -British fashion chain Superdry announced a three-year restructuring plan on Tuesday and said a fund raising backed by its C..
News
Jaguar develops energy-storage unit using Range Rover batteries
By Nick Carey LONDON (Reuters) – Jaguar Land Rover has developed a mobile energy storage unit for sale in partnership with UK s..
News
Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2
(Reuters) -Telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted profit that beat expectations and said sales ..
News
Swiss chemicals maker Sika posts 13.8% jump in Q1 sales
(Reuters) -Swiss chemicals maker Sika AG on Tuesday reported a 13.8% increase in its first-quarter sales and confirmed its outlook for..
News
Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views
NEW YORK/LONDON (Reuters) -U.S. stocks sold off sharply on Friday while the dollar jumped as investors grappled with rising geopolitic..
News
Oil slips as risk premium eases after Iran attack
By Laila Kearney NEW YORK (Reuters) -Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel pro..
News
Dollar jumps, yen weakest since 1990 after strong U.S. retail sales
By Karen Brettell NEW YORK (Reuters) – The dollar reached its highest since early November against a basket of currencies on Mo..
News
Greece to spend 780 million euros to protect marine biodiversity, PM says
ATHENS (Reuters) – Greece is pushing ahead with 21 initiatives worth 780 million euros ($830.9 million) to protect marine biodiv..
News
UK fintechs ask government for help to ease capital shortages
LONDON (Reuters) -Leaders of the UK’s financial technology industry are urging the British government to increase tax relief a..
News
BNP Paribas to become top investor in Belgian insurer Ageas
PARIS/HONG KONG (Reuters) -BNP Paribas, the euro zone’s biggest bank, has agreed to buy a 9% stake in the Belgian insurer Ageas ..
News
Hungary to consider fuel price intervention, says economy minister
BUDAPEST (Reuters) – Hungary’s government will consider whether to enforce lower fuel prices after a review by the Centra..
News
Recruiter PageGroup’s quarterly profit slumps 13% as hiring remains subdued
(Reuters) – UK’s PageGroup reported on Monday a nearly 13% drop in group gross profit in the first three months of 2024 du..
News