Bank of England’s Greene says rate cuts should be “a way off”
(Reuters) -Bank of England policymaker Megan Greene said interest rate cuts in Britain should remain “a way off” because ..
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Oil prices edge up on escalation in Middle East tensions
By Emily Chow SINGAPORE (Reuters) -Oil prices ticked up during trade on Thursday, after rising a dollar a barrel in the prior session..
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ECB to set up June rate cut after rapid disinflation
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank is all but certain to keep borrowing costs at a..
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Dollar firms, yen fragile as Fed cut wagers crumble
By Ankur Banerjee SINGAPORE (Reuters) -The dollar was firm on Thursday after hotter-than-expected U.S. inflation data squashed linger..
Trading
Asian shares fall on U.S. rate scare, yen plumbs 34-yr low
By Stella Qiu SYDNEY (Reuters) – Asian shares tracked Wall Street lower on Thursday as sticky U.S. inflation forced markets to ..
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Nike pins hopes on Olympics in race to take back market share
By Helen Reid PARIS (Reuters) – Nike is set to unveil new kits for the Olympic national teams it sponsors including the U.S. an..
Business
Paris Olympics on track to hit NBC ad sales record after pandemic
By Sheila Dang (Reuters) – As the July opening ceremony for the 2024 Paris Olympics draws closer, U.S. broadcaster NBCUnivers..
News
U.N. climate chief says two years to save the planet
By Kate Abnett and Simon Jessop LONDON/BRUSSELS (Reuters) -Governments, business leaders and development banks have two years to take..
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Companies get green light to use offsets for supply chain emissions
By Simon Jessop LONDON (Reuters) -A leading judge of corporate climate action plans said it will allow companies to use carbon credit..
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UK equities end volatile session higher as investors ponder rate outlook
By Sruthi Shankar, Khushi Singh and Pranav Kashyap (Reuters) -UK equities closed Wednesday’s volatile session higher as investo..
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European shares rebound from one-month low; ECB rate verdict up next
By Ankika Biswas, Johann M Cherian and Ozan Ergenay (Reuters) -European shares staged a recovery after a knee-jerk reaction to a high..
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US dollar surges vs yen to highest since mid-1990 after hotter-than-expected inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose across the board on Wednesday, soaring against the Japanese yen to ..
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EU extends trade guide on Chinese distortions to new sectors
By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission has updated its report on state-led distortions in the Chines..
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UK’s Tesco forecasts profit rise as consumer sentiment improves
By James Davey LONDON (Reuters) -Britain’s biggest retailer Tesco forecast a further rise in profit on Wednesday, citing early ..
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Factbox-European companies cut jobs as economy sputters
(Reuters) – The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into lay..
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M&C Saatchi expects 2024 profit to meet forecasts
(Reuters) – M&C Saatchi said on Wednesday it expected to meet profit expectations this year, betting on its cost-savings in..
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UK’s THG returns to revenue growth in Q4 on demand for beauty products
(Reuters) – British e-commerce firm THG said on Wednesday its revenue continued to improve in 2024 after returning to growth in..
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Puma hones focus on speed in Olympic battle with Adidas and Nike
PARIS (Reuters) – German sportswear brand Puma is using this year’s Olympic Games and its partnership with sprint champion..
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Barry Callebaut operating profit falls 40% on transformation costs
(Reuters) -Barry Callebaut, the world’s biggest chocolate maker, reported lower than expected half-year operating profit on Wed..
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Shocks in G20 emerging economies hit rich-world growth, IMF says
By Libby George LONDON (Reuters) – Domestic shocks in emerging economies in the G20 are increasingly impacting growth in the ..
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World stocks mixed ahead of US inflation, metals soar
By Tom Westbrook and Samuel Indyk LONDON (Reuters) -Global shares were mixed on Tuesday ahead of this week’s U.S. inflation dat..
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US dollar struggles for direction ahead of data despite rise in yields
(Reuters) -The dollar struggled for direction on Tuesday as investors were cautious ahead of inflation data due on Wednesday, while U...
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Flooding spreads in Russia, putting thousands more at risk
ORSK, Russia (Reuters) -Flood sirens blared out in two Russian cities on Tuesday, warning thousands more people to evacuate immediatel..
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Italy cuts growth forecasts and says debt set to rise
By Giuseppe Fonte and Matteo Negri ROME (Reuters) -The Italian government on Tuesday cut its growth forecast for this year and next, ..
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Craftmerce selected for Techstars Los Angeles, propelling wholesale African Marketplace into the future
Los Angeles, California, April 5, 2024 – Craftmerce, the pioneering B2B marketplace facilitating connections between global in..
Technology
Daimler Truck Q1 sales drop 13% as markets normalize
BERLIN (Reuters) – Daimler Truck Group reported a 13% drop in first-quarter sales on Tuesday, as the markets normalize as expect..
News
Italian hearing aid market lacks transparency, regulator says
ROME (Reuters) – The retail market for hearing aids in Italy – dominated by domestic player Amplifon – lacks transp..
News
Oil prices turn higher as Middle East ceasefire hopes wane
BEIJING (Reuters) -Oil prices rose on Tuesday after hopes diminished that negotiations between Israel and Hamas would lead to a ceasef..
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Crypto survey shows less consumer scepticism, but a third expect bitcoin price fall
(This April 8 story has been corrected to fix the bitcoin record high in paragraph 7) LONDON (Reuters) – Consumers are becoming ..
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Stocks rise slightly as oil cools; Treasury yields touch 4-month high
By Sinéad Carew and Harry Robertson NEW YORK/LONDON (Reuters) -Equity indexes rose slightly on Monday as U.S. bond yields hit their h..
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Norwegian Cruise orders eight new ships, biggest order in its history
By Doyinsola Oladipo NEW YORK (Reuters) -Norwegian Cruise Line Holdings has placed the largest ship order in its history to meet the ..
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Big companies’ emissions goals are too weak, report says
By Simon Jessop (Reuters) – The carbon emissions reduction targets of a group of the biggest listed companies are too weak coll..
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US dollar skids ahead of inflation data; yen not far from 1990 lows
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slid on Monday as investors focused on U.S. inflation data due later this ..
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North America experiences total solar eclipse, starting at Mexican resort
MAZATLAN, Mexico (Reuters) -The first total solar eclipse to grace North America in seven years made landfall in Mexico on Monday as m..
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Eclipse boosts travel as Americans chase rare celestial event
(Reuters) -The upcoming solar eclipse is proving to be a good omen for travel firms, as some parts of the United States that fall in t..
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Euro zone investor morale hits two-year high in April
FRANKFURT (Reuters) – Investor morale in the euro zone improved for the sixth consecutive month in April to its highest level i..
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Vivendi’s Canal+ makes mandatory buyout offer for South Africa’s MultiChoice
JOHANNESBURG (Reuters) -French media group Vivendi’s Canal+ made an all-cash mandatory offer on Monday to buy all the shares of ..
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