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..
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US labor market sizzles; delivers large job and wage gains
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in January and wages increased by the most in nearly two y..
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AbbVie raises 2027 sales forecast for new immunology drugs to $27 billion
By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Friday raised its 2027 forecast for sales of its immunology drugs Skyrizi and ..
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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..
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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..
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Dollar jumps, traders pare rate cut bets after strong jobs report
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar index jumped to a seven-week high on Friday after data showed that emp..
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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 dat..
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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..
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EU agrees new rules to cut the cost of listing companies
By Huw Jones LONDON (Reuters) -The European Union on Thursday agreed new rules to cut the cost of listing a company and encourage fou..
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Oil prices buoyed by US signals on interest rate cuts
By Stephanie Kelly NEW YORK (Reuters) -Oil prices edged higher on Thursday, boosted by the U.S. Federal Reserve signalling a possible..
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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..
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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..
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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 ..
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Analysis-Markets stumble into rate-cut waiting room as central banks stand firm
LONDON (Reuters) – Traders eager for central banks to declare the start of interest rate cuts were dealt a further blow on Thurs..
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London stocks slip after BoE stands pat on rates
By Sruthi Shankar and Shubham Batra (Reuters) -UK stocks hit a one-week low on Thursday after the Bank of England (BoE) kept interest..
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Oil dips on faltering China economy, US crude stock build
By Laura Sanicola (Reuters) -Oil prices fell on Wednesday, pressured by low economic activity in leading crude importer China and a s..
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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..
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Stocks, dollar slip ahead of Fed decision on rates
By Herbert Lash and Tom Wilson NEW YORK/LONDON (Reuters) -World shares slipped on Wednesday, pulled lower by a slide on Wall Street, ..
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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..
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Iceland builds defences for a future of increased volcanic activity
By Louise Rasmussen and Johannes Birkebaek COPENHAGEN (Reuters) – Icelanders are working round-the-clock to build dykes the siz..
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German inflation eases to 3.1% in January
By Maria Martinez BERLIN (Reuters) -German inflation eased slightly more than expected in January to 3.1%, preliminary data from th..
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Sterling slips versus dollar before BoE and Fed meetings
By Samuel Indyk LONDON (Reuters) – Britain’s pound was falling against a stronger dollar on Wednesday ahead of policy ann..
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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..
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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..
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Industry pain abounds as electric car demand hits slowdown
(Reuters) – While automakers and suppliers are betting big on future demand for electric vehicles, a near-term global slowdown i..
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Dollar mixed in tight trading range before Fed statement
NEW YORK (Reuters) – The dollar edged lower against the euro and higher against the yen on Tuesday, but failed to find strong ..
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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..
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Stocks slip, yields rise after strong US labor data
NEW YORK/LONDON (Reuters) -Treasury yields mostly rose and a gauge of global equities slid from two-year highs on Tuesday after strong..
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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/WASHING..
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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..
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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..
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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..
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Holcim takes ‘rock star’ North American business to Wall Street
By John Revill ZURICH (Reuters) – Holcim Chief Executive Jan Jenisch on Monday described his company’s North American o..
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European stocks surge, dollar gains as Fed decision looms
NEW YORK/LONDON (Reuters) -European shares surged to their highest since January 2022 and bond yields on both sides of the Atlantic ea..
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Financiers grapple with plane shortages amid Boeing MAX crisis
By Tim Hepher and Padraic Halpin DUBLIN (Reuters) -Airlines face years of plane shortages, driving up costs and setting the stage for..
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Dollar gains before Fed, March rate cut seen less likely
By Karen Brettell and Samuel Indyk NEW YORK (Reuters) – The dollar gained on Monday as investors prepared for the prospect th..
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Boeing under a microscope for safety issues as it reports results
By Abhijith Ganapavaram and Valerie Insinna (Reuters) – When Boeing CEO Dave Calhoun delivers the company’s fourth-quarte..
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