News

UK’s new car registrations up nearly 8% in January – SMMT

UK’s new car registrations up nearly 8% in January – SMMT

(Reuters) – New car registrations in the United Kingdom rose about 8% in January, preliminary industry data showed on Monday. T..

Dollar scales fresh peaks as Fed cut bets recede

Dollar scales fresh peaks as Fed cut bets recede

By Rae Wee SINGAPORE (Reuters) – The dollar rose to an eight-week high against its major peers on Monday as traders clawed back..

Italy minister sounds alarm on delays ahead of 2026 Winter Olympics

Italy minister sounds alarm on delays ahead of 2026 Winter Olympics

MILAN (Reuters) – Italian Economy Minister Giancarlo Giorgetti said on Friday he was increasingly worried about delays in prepa..

Sterling reverses course after U.S. data, set for biggest weekly fall since early Dec

Sterling reverses course after U.S. data, set for biggest weekly fall since early Dec

LONDON (Reuters) – Sterling reversed course on Friday as the dollar strengthened after U.S jobs data to leave the pound set f..

US labor market sizzles; delivers large job and wage gains

US labor market sizzles; delivers large job and wage gains

WASHINGTON (Reuters) – U.S. job growth accelerated in January and wages increased by the most in nearly two years, signs of pers..

AbbVie raises 2027 sales forecast for new immunology drugs to $27 billion

AbbVie raises 2027 sales forecast for new immunology drugs to $27 billion

(Reuters) -AbbVie on Friday raised its 2027 forecast for sales of its immunology drugs Skyrizi and Rinvoq to $27 billion, up $6 billio..

One month on from Japan quake, volunteers provide safe space for kids

One month on from Japan quake, volunteers provide safe space for kids

SUZU, Japan (Reuters) – One month on from a magnitude 7.6 earthquake that struck the west coast of Japan, volunteers from non-p..

Yields, dollar jump on blowout US jobs report, stocks edge up

Yields, dollar jump on blowout US jobs report, stocks edge up

By Herbert Lash and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -Treasury yields jumped, the dollar surged and global equities edged h..

Dollar jumps, traders pare rate cut bets after strong jobs report

Dollar jumps, traders pare rate cut bets after strong jobs report

NEW YORK (Reuters) – The U.S. dollar index jumped to a seven-week high on Friday after data showed that employers added far mo..

Global equity funds draw inflows amid economic optimism and easing inflation

Global equity funds draw inflows amid economic optimism and easing inflation

(Reuters) – Global equity funds attracted substantial inflows in the week to Jan. 31, driven by upbeat U.S. economic growth data..

Oil falls as US jobs data dents hope for near-term rate cuts

Oil falls as US jobs data dents hope for near-term rate cuts

By Laila Kearney NEW YORK (Reuters) -Oil prices fell by about 2% on Friday and were headed for weekly losses after U.S. jobs data shr..

EU agrees new rules to cut the cost of listing companies

EU agrees new rules to cut the cost of listing companies

LONDON (Reuters) -The European Union on Thursday agreed new rules to cut the cost of listing a company and encourage founders to take ..

Oil prices buoyed by US signals on interest rate cuts

Oil prices buoyed by US signals on interest rate cuts

NEW YORK (Reuters) -Oil prices edged higher on Thursday, boosted by the U.S. Federal Reserve signalling a possible start to interest r..

Instant view: BoE leaves rates unchanged, says policy ‘under review’

Instant view: BoE leaves rates unchanged, says policy ‘under review’

LONDON (Reuters) – The Bank of England kept interest rates steady on Thursday, with officials split three ways on the right c..

Factories deliver mixed performance globally in January

Factories deliver mixed performance globally in January

WASHINGTON/LONDON (Reuters) -Global factories delivered a largely patchy performance at the start of 2024, surveys showed on Thursda..

QUOTES-Bailey speaks after Bank of England holds rates at 5.25%

QUOTES-Bailey speaks after Bank of England holds rates at 5.25%

LONDON (Reuters) – Governor Andrew Bailey and other top Bank of England officials spoke to reporters after the British central ..

Analysis-Markets stumble into rate-cut waiting room as central banks stand firm

Analysis-Markets stumble into rate-cut waiting room as central banks stand firm

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Traders eager for central banks to declare the start of interest rate cut..

London stocks slip after BoE stands pat on rates

London stocks slip after BoE stands pat on rates

(Reuters) -UK stocks hit a one-week low on Thursday after the Bank of England (BoE) kept interest rates at a 16-year high and said it ..

Oil dips on faltering China economy, US crude stock build

Oil dips on faltering China economy, US crude stock build

(Reuters) -Oil prices fell on Wednesday, pressured by low economic activity in leading crude importer China and a surprise build in U...

Dollar dips before Fed meeting statement

Dollar dips before Fed meeting statement

By Karen Brettell NEW YORK (Reuters) – The dollar dipped against the euro and yen on Wednesday as traders awaited a U.S. rate..

Stocks, dollar slip ahead of Fed decision on rates

Stocks, dollar slip ahead of Fed decision on rates

NEW YORK/LONDON (Reuters) -World shares slipped on Wednesday, pulled lower by a slide on Wall Street, while Treasury prices rose as in..

Teva Pharm sees lower 2024 profit after large Q4 beat

Teva Pharm sees lower 2024 profit after large Q4 beat

By Steven Scheer JERUSALEM (Reuters) -Teva Pharmaceutical Industries forecast lower profit in 2024 after a strong 2023 fourth quarter..

Iceland builds defences for a future of increased volcanic activity

Iceland builds defences for a future of increased volcanic activity

COPENHAGEN (Reuters) – Icelanders are working round-the-clock to build dykes the size of three-storey buildings to protect a vit..

German inflation eases to 3.1% in January

German inflation eases to 3.1% in January

BERLIN (Reuters) -German inflation eased slightly more than expected in January to 3.1%, preliminary data from the federal statistic..

Sterling slips versus dollar before BoE and Fed meetings

Sterling slips versus dollar before BoE and Fed meetings

LONDON (Reuters) – Britain’s pound was falling against a stronger dollar on Wednesday ahead of policy announcements by bot..

Five ways the BoE could signal a change in rates stance

Five ways the BoE could signal a change in rates stance

By William Schomberg LONDON (Reuters) – The Bank of England is expected to offer a first hint on Thursday that it is tentativel..

Boeing execs stand by 2025-26 financial guidance; near-term focus is safety

Boeing execs stand by 2025-26 financial guidance; near-term focus is safety

By Valerie Insinna and Abhijith Ganapavaram (Reuters) -Boeing Co executives on Wednesday stood by their financial targets for 2025-20..

Industry pain abounds as electric car demand hits slowdown

Industry pain abounds as electric car demand hits slowdown

By Nick Carey and Joseph White (Reuters) – While automakers and suppliers are betting big on future demand for electric vehicle..

Dollar mixed in tight trading range before Fed statement

Dollar mixed in tight trading range before Fed statement

By Karen Brettell NEW YORK (Reuters) – The dollar edged lower against the euro and higher against the yen on Tuesday, but fai..

ECB hints at greener monetary policy in new climate plan

ECB hints at greener monetary policy in new climate plan

FRANKFURT (Reuters) – The European Central Bank on Tuesday hinted it could make its monetary policy greener as part of a new pus..

Stocks slip, yields rise after strong US labor data

Stocks slip, yields rise after strong US labor data

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Treasury yields mostly rose and a gauge of global equities slid from two..

IMF says global ‘soft landing’ in sight, lifts 2024 growth outlook

IMF says global ‘soft landing’ in sight, lifts 2024 growth outlook

IMF says global ‘soft landing’ in sight, lifts 2024 growth outlook By Rachel Savage and Andrea Shalal JOHANNESBURG/WASHIN..

Oil slips on China economic headwinds

Oil slips on China economic headwinds

By Ahmad Ghaddar LONDON (Reuters) – Oil prices edged lower on Tuesday, extending a more than 1% drop in the previous session on..

Consumer goods giants could see margin recovery halt as price hike benefits abate

Consumer goods giants could see margin recovery halt as price hike benefits abate

By Ananya Mariam Rajesh (Reuters) – A strong margin recovery for consumer goods giants could face a setback as easing input cos..

Euro zone economy lags global growth as Germany struggles

Euro zone economy lags global growth as Germany struggles

By Francesco Canepa and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) – The euro zone’s economy stagnated last year, unde..

Holcim takes ‘rock star’ North American business to Wall Street

Holcim takes ‘rock star’ North American business to Wall Street

ZURICH (Reuters) – Holcim Chief Executive Jan Jenisch on Monday described his company’s North American operation, which ..

European stocks surge, dollar gains as Fed decision looms

European stocks surge, dollar gains as Fed decision looms

By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -European shares surged to their highest since January 2022 and bond yields o..