News

Dollar firm as US rates and earnings take center stage

Dollar firm as US rates and earnings take center stage

NEW YORK/LONDON (Reuters) -The dollar ticked higher against the euro and yen in subd..

US crude futures climb back into positive territory

US crude futures climb back into positive territory

By Erwin Seba HOUSTON (Reuters) -U.S. crude futures returned to positive territory ..

Equities gain, gold drops as fears of wider Middle East conflict ease

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 sa..

World’s workers increasingly at risk as climate changes, ILO says

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 t..

Hedge fund borrowing hits five-year peak, Goldman Sachs says

Hedge fund borrowing hits five-year peak, Goldman Sachs says

By Nell Mackenzie LONDON (Reuters) – Global hedge fund borrowing rose to a fi..

After VW plant victory, UAW sets its sights on Mercedes in Alabama

After VW plant victory, UAW sets its sights on Mercedes in Alabama

CHATTANOOGA, Tennessee (Reuters) – The United Auto Workers has made history by..

London shares rebound as fears of wider Middle East conflict ebb

London shares rebound as fears of wider Middle East conflict ebb

By Pranav Kashyap and Shubham Batra (Reuters) -London stocks gained 1% on Monday, f..

UK’s struggling Thames Water proposes spending more on environmental improvements

UK’s struggling Thames Water proposes spending more on environmental improvements

LONDON (Reuters) -Britain’s Thames Water has proposed spending an additional 1..

Automakers hope for a cut as two-way EV charging becomes real

Automakers hope for a cut as two-way EV charging becomes real

LONDON (Reuters) – Automakers from General Motors to Volvo Cars, alongside uti..

UK supermarket Asda says 2023 underlying profit up 24%

UK supermarket Asda says 2023 underlying profit up 24%

LONDON (Reuters) – Asda, Britain’s third biggest supermarket group, repo..

Scotland ditches 2030 climate target to cut emissions by 75%

Scotland ditches 2030 climate target to cut emissions by 75%

LONDON (Reuters) -Scotland on Thursday scrapped its target of cutting climate-damagi..

Meta releases early versions of its Llama 3 AI model

Meta releases early versions of its Llama 3 AI model

NEW YORK (Reuters) – Meta Platforms on Thursday released early versions of its..

Industrials boost STOXX 600 as earnings season rolls in

Industrials boost STOXX 600 as earnings season rolls in

(Reuters) -European shares rose on Thursday, boosted by industrials after Swiss engi..

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

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 ..

ABB more confident about 2024 despite China slowdown

ABB more confident about 2024 despite China slowdown

By John Revill ZURICH (Reuters) -ABB expects faster revenue growth in the coming mo..

Danone beats first-quarter sales forecasts, keeps 2024 goals

Danone beats first-quarter sales forecasts, keeps 2024 goals

PARIS/LONDON (Reuters) -Danone posted stronger-than-expected quarterly sales on Thur..

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

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 K..

US stocks lose steam on Fed caution and mixed earnings

US stocks lose steam on Fed caution and mixed earnings

NEW YORK (Reuters) -U.S. stocks on Wednesday reversed earlier gains as crude prices ..

EU considers bringing emissions removal credits into carbon market

EU considers bringing emissions removal credits into carbon market

By Kate Abnett FLORENCE (Reuters) – The European Union is looking into whethe..

Prince Harry says travel industry must do more for local communities

Prince Harry says travel industry must do more for local communities

LONDON (Reuters) – Britain’s Prince Harry said it was crucial the trave..

Navigation firm TomTom posts operating loss as auto sales slow

Navigation firm TomTom posts operating loss as auto sales slow

(Reuters) -Digital mapping company TomTom’s operating result turned to a wider..

Just Eat Takeaway’s Q1 orders ‘disappoint’, shares fall

Just Eat Takeaway’s Q1 orders ‘disappoint’, shares fall

(Reuters) -Just Eat Takeaway reported first-quarter orders below expectations on Wed..

UK inflation slows by less than expected to 3.2% in March

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..

Analysis-Painful high rates wake-up call threatens global markets

Analysis-Painful high rates wake-up call threatens global markets

Analysis-Painful high rates wake-up call threatens global markets By Naomi Rovnick L..

Superdry plans to go private as it kicks off three-year turnaround plan

Superdry plans to go private as it kicks off three-year turnaround plan

(Reuters) -British fashion chain Superdry announced a three-year restructuring plan ..

Jaguar develops energy-storage unit using Range Rover batteries

Jaguar develops energy-storage unit using Range Rover batteries

By Nick Carey LONDON (Reuters) – Jaguar Land Rover has developed a mobile ene..

Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2

Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2

(Reuters) -Telecom equipment maker Ericsson reported on Tuesday a first-quarter adju..

Swiss chemicals maker Sika posts 13.8% jump in Q1 sales

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..

Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views

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 j..

Oil slips as risk premium eases after Iran attack

Oil slips as risk premium eases after Iran attack

By Laila Kearney NEW YORK (Reuters) -Oil prices sank by about $1 a barrel on Mond..

Dollar jumps, yen weakest since 1990 after strong U.S. retail sales

Dollar jumps, yen weakest since 1990 after strong U.S. retail sales

By Karen Brettell NEW YORK (Reuters) – The dollar reached its highest since e..

Greece to spend 780 million euros to protect marine biodiversity, PM says

Greece to spend 780 million euros to protect marine biodiversity, PM says

ATHENS (Reuters) – Greece is pushing ahead with 21 initiatives worth 780 milli..

UK fintechs ask government for help to ease capital shortages

UK fintechs ask government for help to ease capital shortages

LONDON (Reuters) -Leaders of the UK’s financial technology industry are urgi..

BNP Paribas to become top investor in Belgian insurer Ageas

BNP Paribas to become top investor in Belgian insurer Ageas

PARIS/HONG KONG (Reuters) -BNP Paribas, the euro zone’s biggest bank, has agre..

Hungary to consider fuel price intervention, says economy minister

Hungary to consider fuel price intervention, says economy minister

BUDAPEST (Reuters) – Hungary’s government will consider whether to enfo..

Recruiter PageGroup’s quarterly profit slumps 13% as hiring remains subdued

Recruiter PageGroup’s quarterly profit slumps 13% as hiring remains subdued

(Reuters) – UK’s PageGroup reported on Monday a nearly 13% drop in group..

Home improvement retailer Kingfisher names Claudia Arney as new chair

Home improvement retailer Kingfisher names Claudia Arney as new chair

LONDON (Reuters) – European home improvement retailer Kingfisher said on Mond..