UK economy shows no growth in April – ONS
(Reuters) -A swift rebound in Britain’s economy in early 2024 came to a halt in April, driven by sharp declines in industrial a..
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Exclusive-Capital Group shakes up strategy to hit $4 trillion by 2031
By Iain Withers LONDON (Reuters) – Capital Group aims to grow its fixed income business, accelerate overseas expansion and dive..
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Dollar calm ahead of inflation test, Fed decision
TOKYO (Reuters) – The dollar steadied on Wednesday after hitting a four-week high against peer currencies overnight as market pl..
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Oil climbs on optimistic demand outlook
By Emily Chow SINGAPORE (Reuters) -Oil prices ticked higher on Wednesday amid upbeat global demand views from the U.S. Energy Informa..
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Johnson & Johnson reaches $700 million talc settlement with US states
By Jonathan Stempel NEW YORK (Reuters) – Johnson & Johnson has agreed to pay $700 million to settle an investigation by 42 ..
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How Apple used Google’s help to train its AI models
By Max A. Cherney SAN FRANCISCO (Reuters) – On stage on Monday CEO Tim Cook’s Apple announced a splashy deal with ..
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NASA, Boeing push back Starliner’s crewed return to June 18
By Joey Roulette WASHINGTON (Reuters) – NASA and Boeing said they expect to bring Starliner and its first astronaut crew back t..
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World Bank says global growth stabilizing but well below pre-pandemic levels
By David Lawder WASHINGTON (Reuters) – The World Bank on Tuesday said the U.S. economy’s stronger-than-expected performan..
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Euro, French bonds and stocks struggle on election uncertainty
LONDON/SYDNEY (Reuters) -French bonds fell sharply for a second day on Tuesday as did European stocks and the euro after the announcem..
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Apple’s AI push could reinvigorate iPhone sales as customers look to upgrade
By Jeffrey Dastin and Aditya Soni SAN FRANCISCO (Reuters) -Apple’s developer conference on Monday was about more than infusing ..
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European shares steady after French political tremors, eyes on Fed
By Shristi Achar A (Reuters) -European shares were rangebound on Tuesday following losses in the previous session on political uncert..
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French investor Layani wins bid for last-minute Atos restructuring
By Tassilo Hummel PARIS (Reuters) -French tech group Atos has picked an offer to restructure its debt led by anchor investor David La..
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Golden Goose targets $2 billion market cap in Milan IPO
MILAN (Reuters) – Golden Goose is aiming for a market capitalization of up to 1.86 billion euros ($2 billion) in its initial pu..
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HSBC adds over 300 to China headcount after Citi wealth acquisition
HONG KONG (Reuters) – HSBC said on Tuesday it had boosted its headcount in China by more than 300, as the Asia-focused lender c..
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Spain’s Criteria drops takeover plan for Naturgy with Abu Dhabi’s TAQA
By Jesús Aguado and Pietro Lombardi MADRID (Reuters) -Spanish holding firm Criteria said on Monday it had not reached an agreement wi..
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Macron’s shock election call rocks euro and French markets
By Dhara Ranasinghe and Amanda Cooper LONDON/SINGAPORE (Reuters) -The euro fell while French stocks and bonds tumbled on Monday, foll..
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AI is sole focus at Apple’s annual conference
By Aditya Soni and Stephen Nellis (Reuters) – Apple is expected to showcase how it is integrating artificial intelligence acros..
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Tesla turns to Musk’s small shareholder fans to back $56 billion payday
By Ross Kerber (Reuters) – With major Tesla shareholders appearing divided over whether to endorse Elon Musk’s $56 billio..
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Nokia CEO makes world’s first ‘immersive’ phone call
By Supantha Mukherjee STOCKHOLM (Reuters) – Nokia CEO Pekka Lundmark made a phone call using a new technology called “imm..
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Exclusive-BP tightens workplace relationships policy after Looney dismissal
By Sarah McFarlane, Ron Bousso and Dmitry Zhdannikov LONDON (Reuters) – BP employees must disclose any intimate relationships w..
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Shein’s pre-IPO charm offensive hits roadblocks in Europe
By Helen Reid and James Davey LONDON (Reuters) -As online fast-fashion retailer Shein ramps up its pre-IPO charm offensive in Britain..
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Euro falls in warning sign for markets after Macron calls snap France vote
By Dhara Ranasinghe LONDON/SINGAPORE (Reuters) -The euro skidded while stock and bond futures slipped on Monday, as French President ..
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UK job market on its way back after downturn, recruiters say
LONDON (Reuters) – A fall in permanent hiring by employers in Britain was its least severe in more than a year in May and the r..
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Global stocks dip, Treasuries flail as strong jobs data douses Fed cut hopes
NEW YORK/LONDON (Reuters) -Global stocks pulled back from an all-time high on Friday after surprisingly strong U.S. monthly jobs data ..
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Microsoft to double down on Game Pass at Xbox showcase with ‘Call of Duty’ title
By Zaheer Kachwala (Reuters) – Microsoft’s Xbox Game Pass will take center stage at its annual video-game showcase on Sun..
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GameStop spooks investors with share sale, results ahead of “Roaring Kitty” livestream
By David Randall and Sruthi Shankar (Reuters) -GameStop posted a decline in quarterly sales and said it would sell up to 75 million s..
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US dollar rallies after stronger-than-expected jobs report
NEW YORK/LONDON (Reuters) -The U.S. dollar jumped on Friday after data showed the world’s largest economy created a lot more job..
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Indian PM Modi’s coalition presents claim to form new government
By Sarita Chaganti Singh, Shivam Patel and Nigam Prusty NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi’s National Dem..
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Bellway lifts house price outlook after strong spring season
By Aby Jose Koilparambil (Reuters) – British homebuilder Bellway raised its annual average selling price forecast on Friday and..
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UK’s Asda says TDR Capital to become majority owner
By James Davey LONDON (Reuters) – Britain’s Asda said on Friday that private equity firm TDR Capital will gain majority o..
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Olympic rings displayed on Eiffel Tower 50 days before Paris 2024 Games
PARIS (Reuters) – Paris 2024 organisers on Friday unveiled a display of the Olympic rings on the Eiffel Tower with 50 days to g..
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Airbus deliveries fall 16% in May
PARIS (Reuters) – Airbus delivered 53 aircraft in May, down 16% from the same month last year and bringing the number of airpla..
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Morning Bid: Global risk rally hinges on payrolls
A look at the day ahead in European and global markets from Rae Wee Closely watched U.S. nonfarm payrolls data on Friday marks the fi..
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World leaders, veterans, commemorate D-Day’s 80th anniversary in Normandy
By Elizabeth Pineau, John Irish and Jeff Mason VER-SUR-MER, France (Reuters) -Moving letters from veterans were read out as ceremonie..
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French jet engine maker Safran gets Italy’s clearance to buy Microtecnica
By Olivier Sorgho (Reuters) – French jet engine maker and defence company Safran said on Thursday it had received clearance fro..
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Equals Money announces innovative new “Banking-as-a-Service” product
Businesses will be empowered to offer digital payment and card solutions by leveraging the Equals Money infrastructure, opening new r..
Technology
Salesforce to open first AI centre in London
LONDON (Reuters) – Salesforce has picked London for its first AI centre, where it said industry experts, developers and custome..
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